ever wonder what it would take to become a self-made
millionaire? Do you wish you had the resources they
had? Do you believe that sadly you don’t have a chance?
up. You do have a chance. There’s an easy way to get
access to the very secrets that helped self-made
millionaires become who they are. And they’re not just
the fluffy generalities you find in many books. They’re
the real deal.
Khoo’s Secrets of Self-Made Millionaires, doesn’t just
provide a list of the kind of information that enabled
the self-made millionaires to make their millions. You
don’t find just pep talks although there are plenty of
those. In fact, as you go through the book, you’ll
discover, there’s real effort involved, and those pep
talks can come in handy. You’ll have to work on your
mindset as well as on your business. But it can be
done. It has been done many times before, and Adam’s
book gives you the tools to do it too.
only problem: No more excuses.
will it work? In Adam’s typical style, he shares his
personal history and plenty of motivational stories to
get you excited and show you that you do have what it
takes. If the people in his stories could do it,
surely, you can too.
gets you started with a little soul searching: Under
the heading, “Reasons why I’m not rich yet,” you’re
invited to list the reasons why you, yes you, are not
yet rich. Then he proceeds to teach you how to overcome
each and every one of those reasons.
continues with an overview over the 9 habits of
self-made Millionaires: from always exceeding
expectations to being proactive, taking total
responsibility, doing what you love, and more. The last
one: Millionaires respect and love money.
here’s the rub for a lot of people. So before moving
on, Adam deals with those money beliefs. So many of us
have been brought up with very counterproductive beliefs
about money. We were told that it’s evil. Or that we
don’t deserve it and that we can never get it anyway.
And if we do, it will only bring problems. And sooner
or later, someone will take it away. So wouldn’t it be
better not even to get started?
beliefs like that, is it any wonder if money stays at a
safe distance? Adam proceeds with helping you install
new beliefs, beliefs that are much more likely to help
you draw money into your life. In fact, lots of money.
moves from chapter to chapter, he unpacks each of the
nine habits he introduced and helps you make them your
own. Not only does he provide numerous examples but
also plenty of work sheets for you to fill out. This is
a book that’s not just to be read, but also to be
worked. If you don’t, it obviously won’t bring the
results you’re hoping for. If you do, chances are very
good that the sky will the limit for how far you can go.
himself is a case in point, and he uses his story as a
motivational example throughout the book. From his
start as an academically weak student at the very bottom
of the class, he turned himself into a top student. He
also set himself the goal to become a millionaire by age
26 – and achieved it.
Inspiring as he is, he doesn’t rely just on his own
story to make his case but provides us with many more
inspirational examples throughout the book, including
chapter about the first of the habits of self-made
millionaires, Adam gives us insights into cash flow
strategies of the rich. And most of us are in for a
surprise. There’s the myth out there of the extravagant
millionaire who drives fancy cars and basically throws
money away. Adam shows that nothing could be further
from the truth.
millionaires will pay for value, they can be outright
stingy when they don’t feel the expense is necessary –
or worth it. They also keep close tabs on what they
spend, and every dollar that goes out the door has to
basically earn its keep.
most fascinating – and toughest part – comes with the
worksheets that are included. You, the reader, are
challenged to take an assessment as to where exactly you
stand with your own net worth.
is room for income and outflow, and when Adam talks
about spending less than you earn and invest the rest in
a way that will make it grow with compounded interest,
until it turns into a tool of positive cash flow, you
may think of putting the book down. You’ve read that
one before. Probably because it’s true.
give up yet. While Adam stresses the importance of the
basics, as so many books do with good reason, he (unlike
many of the other books) doesn’t stop there. In fact,
it’s only the first of nine principles.
fact, the very next chapter is a real eye-opener. The
four levels of wealth. When most people think of
“rich,” they actually have very murky ideas as to what
that means. However, in order to actually become rich
(and we’re not talking lottery here), it is necessary to
have a very clear idea of what “rich” really means.
Adam’s four levels of wealth is priceless here. He
differentiates between four levels, as the chapter
says: financial stability, financial security,
financial freedom, and financial abundance. When I read
through that chapter, it was the first time I began to
get a picture of what I really wanted. And I also began
to understand why it had been so elusive.
coolest thing about the chapter: together with the
lists that were created in the previous chapter, Adam
guides you to create a financial plan to achieve your
desired level of financial abundance, complete with work
sheets. It seems so much more doable once it has been
taken out of the realm of vague wishes to concrete plan
and what it will take to achieve it. Now if that’s not
motivational, I don’t know what is.
doesn’t just leave you with this dream, only to refer
you to his high-priced coaching program like so many
other gurus. No, he delivers the exact how-to right
here in this book.
fact, the very next chapter gets you going on that very
path: How to massively increase your income. Again,
with detailed worksheets and examples, he helps you make
plans and actually implement them. From changing your
mindset from thinking about your value rather than time
put in, to very specific ways in which you can increase
your value to your employer, almost no matter what you
do. And he makes it sound so easy.
he provides numerous ways to maximize and increase
income in just about any career. And that’s even before
he gets to creating multiple income streams online.
chapter, on how to create those multiple streams of
income online, is worth many times over the price of
this book alone. To say it was excellent and
comprehensive would be an understatement. I really wish
I had read this book about a couple of years ago, or
even five or ten years ago. It would have changed my
they say, better late than never.
makes this chapter so special? If you have tried to
make money online, you probably have been bombarded with
must-have offers and have spent thousands trying to
learn how to do it. The problem, the vast majority of
people have been left utterly confused, intimidated, and
chapter cuts through the smoke and mirrors of the online
marketing world and provides a basic but highly
effective plan for people to get online, set up their
online business, and yes, make money. I couldn’t
believe my eyes when I read it. It’s so clearly
explained. I have paid people thousands for this
information, and Adam’s book helped me fill in some
crucial gaps the others have conveniently left out.
it provides outstanding information on how to select a
market, how to find or create products to sell to them,
how to sell them, and how to help the market find your
offers, there are a couple of small points that aren’t
entirely up-to-date anymore.
online world changes very quickly, and especially the
way Google ranks websites. So Adam’s recommendation for
keyword density would have to be taken with a grain of
salt. However, if you don’t know what I’m talking
about, don’t worry. The rest is so good that if you
take the steps he recommends and also interact on the
web, by the time you get to the keyword issue, you’ll
know how to find updated information. And chances are,
that this downloadable book will have been updated by
the time you’ll get your hands on it.
Adam goes into more depth about other millionaire
habits, including keeping track of the money and not
spending it frivolously. Once again, his book reads
like your basic financial advisor handbook: stay away
from credit cards, spend responsibly, and so on.
However, that seemingly conservative approach doesn’t
extend to investing. In the following chapters, Adam
shows how to invest safely yet with impressive returns.
And over several chapters, he gives you such an
outstanding guide to investing, including how to pick
stocks, I was tempted to get started on the spot.
Finally, he wraps it all up by helping you design your
very own Millionaire road map.
again, numerous worksheets guide you along, and by the
time you’re finished, it’ll be just a matter of getting
yourself in action.
Overall, an outstanding book. It promises a lot in its
title, and while most of the other books with similar
titles leave much to be desired, Adam’s book lives up to
the first of the Millionaire Secrets: not only does it
live up to even the kind of exaggerated expectations a
book with this title might inspire, but it exceeds them.