The Power of Plan B
The Secret of Today's Millionaire
by
Book Details
About the Book
The book is a compilation of my ideas and thoughts on how an individual especially those on paid job today can plan their transition from paid employment to become a business owner. It is an exposition of how an individual can retire early to create wealth to secure the future and become financially independent by starting and running successfully his/her own multi-million dollars business. My opinion based on established facts on how today’s millionaires are made is that owing a business and running it successfully is the quickest way to get the dream accomplished. The book explicitly encourage employees to save and retire early and also teaches that only profit can turn an individual to a millionaire and not monthly paycheck or pension. I am also of the view that no matter how huge the paycheck of any employee could be, it is nowhere compare with the size of profit that his contemporary in business can make in a short while. Each chapter starts with a famous quote or adage that relate to the topic of discussion. The first few chapters are basically motivational discussion on everyday life-challenges and how successful people surmount them; they are aimed at giving courage and useful tips to people who have fears and worries to move ahead in life. This is followed by chapters with discussions on how to start and run a business successfully using proven strategies. The last chapter give tips on how to avoid grounding the business into a halt with practical instances of what can lead to the business failure. Finally, I appreciate the problem most people face in deciding what type of business is right for them, as such various business opportunities that are recession resilent are provided in the book.
About the Author
THE BOOK SUMMARY The book is a compilation of my ideas and thoughts on how an individual especially those on paid job today can plan their transition from paid employment to become a business owner. It is an exposition of how an individual can retire early to create wealth to secure the future and become financially independent by starting and running successfully their own multi-million dollars business. The belief of the writer based on his observations on how today’s millionaires are made is that owing a business of their own and running it successfully is the quickest way to get the dream accomplished. The book explicitly encourage employee to save and retire early and also teaches that only profit can turn an individual to a millionaire and not monthly paycheck or pension. His belief is also that no matter how huge the paycheck of any employee could be, it is nowhere compare with the size of profit that his contemporary in a business can make in a short while. Each chapter starts with a famous quote or adage that relate to the topic of discussion. The first few chapters were basically motivational discussion on everyday life challenges and how successful people surmount them; they are aimed at giving courage and useful tips to people who have fears and worry to move ahead in life. This is followed by chapters with discussions on how to start and run a business successfully using proven strategies. The last chapter discussed how to avoid grounding the business into a halt with practical instances of what can lead to the business failure. Finally, the writer recognizes the problem most people face in deciding what type of business is right for them, as such various business opportunities were provided in the book. .