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Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth

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In Multiple Streams of Income , bestselling author Robert Allen presents ten revolutionary new methods for generating over $100,000 a year--on a part-time basis, working from your home, using little or none of your own money. For this book, Allen researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers anyone can profit fr In Multiple Streams of Income , bestselling author Robert Allen presents ten revolutionary new methods for generating over $100,000 a year--on a part-time basis, working from your home, using little or none of your own money. For this book, Allen researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers anyone can profit from. This revised edition includes a new chapter on a cutting-edge investing technique.


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In Multiple Streams of Income , bestselling author Robert Allen presents ten revolutionary new methods for generating over $100,000 a year--on a part-time basis, working from your home, using little or none of your own money. For this book, Allen researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers anyone can profit fr In Multiple Streams of Income , bestselling author Robert Allen presents ten revolutionary new methods for generating over $100,000 a year--on a part-time basis, working from your home, using little or none of your own money. For this book, Allen researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers anyone can profit from. This revised edition includes a new chapter on a cutting-edge investing technique.

30 review for Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth

  1. 4 out of 5

    Belal Khan

    I'll save you time: - Online marketing - Real estate - stock market - multi-level marketing Look it up on Wikipedia. It's just an information book and a lot of self praising. No real actionable content. I'll save you time: - Online marketing - Real estate - stock market - multi-level marketing Look it up on Wikipedia. It's just an information book and a lot of self praising. No real actionable content.

  2. 5 out of 5

    Chris Munson

    Corporate America can treat you like chewing gum in that they will throw you away as soon as you lose your flavor. Protect yourself by developing multiple streams of income. Covers areas such as freelance work, publishing, consulting, investing, real estate, web marketing, etc. Take the sting out of your next layoff.

  3. 5 out of 5

    Glen

    Okay, so not many people have written anything about this book. Well, I was given this as an assignment to joining a multi-level marketing business. Believe it or not, I survived that experience and still hold this book out as a vital piece of economic necessity; especially for anyone graduating from high school! Allen spells out the realities of what it takes to survive. Seriously, this book holds the key to survival in this current economy.

  4. 5 out of 5

    Patrick

    Multiple Streams of Income is a lengthy but informative read. Across over 300 dense pages and 19 chapters, it's probably the longest and most difficult financial book I've read so far. Sure, it might not be Atlas Shrugged, but it's not a quick read.    This book talks about something that most people want or should want: a way to develop several streams of income into their life. Most people just rely on one stream: their 9-to-5 job. Sadly, this stream of income isn't always secure and many people Multiple Streams of Income is a lengthy but informative read. Across over 300 dense pages and 19 chapters, it's probably the longest and most difficult financial book I've read so far. Sure, it might not be Atlas Shrugged, but it's not a quick read.    This book talks about something that most people want or should want: a way to develop several streams of income into their life. Most people just rely on one stream: their 9-to-5 job. Sadly, this stream of income isn't always secure and many people could use a side hustle to gain a few extra bucks here and there. For me personally, all I've got it my freelance job that honestly doesn't pay a whole lot, but the extra money is quite useful.     Be warned that this book covers a LOT of ground. You'll learn mostly about the stock market, real estate, and starting your own business. There's a lot of stuff that went over my head and I feel like I would have to re-read it one or two more times before I fully grasp the concept. But I guess the important thing is that it got me thinking about such subjects in the first place.     Getting started in the stock market and real estate are things I've certainly wanted to get into for a long time, but haven't yet since I haven't really bothered to learn how those things work. The book also gives plenty of other ideas. For example, the Chicken Soup for the Soul series has made the creator millions and all they've ever done is publish the words of other people. Considering books like Dogs of Instagram are being sold in stores, perhaps it's not that much of a stretch to consider publishing my own book.    Like I said earlier, there is a wealth of information here and it feels impossible to soak it all in with just one read. It's something that might need to be re-read and studied over and over. It's something you'll need to go back and refer to later on if you really want to apply its principles. But there is a lot of potential here. I think that anyone who starts seriously considering what establishing multiple streams of income can do for them will reap countless financial rewards. 

  5. 5 out of 5

    Luca

    Very good book on personal finance,. lots of good points, good teaching and lots of ideas you could do something with. I still have to make my summary and the few points I want to learn from this book. I should have read it long time ago. Can't recommend it enough, it really helps you with your personal finances. Very good book on personal finance,. lots of good points, good teaching and lots of ideas you could do something with. I still have to make my summary and the few points I want to learn from this book. I should have read it long time ago. Can't recommend it enough, it really helps you with your personal finances.

  6. 4 out of 5

    Logan Streondj

    Excellent primer on creating and maintaining wealth via multiple income streams. Here is the table of contents with some of my commentary: Contents       Praise Title Page Copyright Page PREFACE Acknowledgements Introduction CHAPTER 1 - Easy Money: Financial Freedom on a Dollar a Day   he talks about how much $1 would make at different compound interest rates. He like 20% interest. How to Earn an Extra Million in Your Lifetime “Live on less than you earn. Invest the surplus. Avoid debt. Build long-term securit Excellent primer on creating and maintaining wealth via multiple income streams. Here is the table of contents with some of my commentary: Contents       Praise Title Page Copyright Page PREFACE Acknowledgements Introduction CHAPTER 1 - Easy Money: Financial Freedom on a Dollar a Day   he talks about how much $1 would make at different compound interest rates. He like 20% interest. How to Earn an Extra Million in Your Lifetime “Live on less than you earn. Invest the surplus. Avoid debt. Build long-term security.”    CHAPTER 2 - The 10-Minute Millionaire    He says millionaires spend an extra few minutes a day by taking greater care of each transaction: "1. They plan the purchase. As with airline tickets, the longer the planning horizon, the cheaper the purchase. 2. They expect, ask for, and often get a discount. 3. They expect, ask for, and always get a receipt. 4. They always examine the receipt for errors. 5. They immediately write on their receipt a category number. 6. They balance their accounts to the penny 7. They file the receipt as soon as they get home. All told, on average, the millionaire spends about a minute or two more per transaction than the poor person. This takes no more than 10 minutes per day." Money Skill 1: Value It You have to value money if you are going to keep it, gives nice story about how J Rockefeller taught his boys to value money. Money Skill 2: Control It Have to understand where money is coming from and where it is going. Gives lake analogy, you want to stop the outflows, and increase inflows so can grow bigger. Money Skill 3: Save It Make sure to put saved money into a seperate place or account so you can't spend it (by accident). Major Money Saver 1: Plug the Tax Leak Major Money Saver 2: Extend Your Planning Horizon Think long term. Major Money Saver 3: Schedule Some Plastic Surgery Cut up all your credit cards, keep one for emergencies.   and some other money saving tips CHAPTER 3 - The Money Tree Formula: How to Create Lifelong Streams of Cash Flow Two Types of Streams: Linear and Residual Linear you get paid once, residual you get paid ongoing. The Money Tree Formula Multiple streams of incomes Outstanding product Nothing down. Employee-Resistant Yield (high) Trend and Timing Residual Essential to Everybody Everyday Which Kind of Entrepreneur Are You?   options are: Intrapreneurs Extrapreneurs Infopreneurs Autopreneurs CHAPTER 4 - The Mountain Range of Financial Freedom: The Three Great Money Mountains The Real Estate Mountain The Investment Mountain The Marketing Mountain CHAPTER 5 - YOUR FIRST STREAM Success in the Stock Market—Investing for Total Idiots The Road to Winning Index funds and monthly contributions. CHAPTER 6 - YOUR SECOND STREAM Accelerated Stock Strategies—Four Ways to ... Options and some other stuff. System 1: Let the Master Himself Manage Your Money Berkshire stock. System 2: Select Mutual Funds with the Longest-Term Track Record System 3: Select Only Financial Advisors with the Longest Track Records System 4: Consider High-Powered Stock Sector Funds CHAPTER 7 - YOUR THIRD STREAM Double Your Money in the Market—How to Multiply ... Profit Multiplier 1: Writing Covered Calls Profit Multiplier 2: Buying and Selling Call Options CHAPTER 8 - YOUR FOURTH STREAM Winning Big in Real Estate Critical Activity 1. Finding: How to Find Highly Motivated Sellers Critical Activity 2. Funding: How to Finance Bargain Properties Critical Activity 3. Farming: How to Harvest Your Profits    CHAPTER 9 - YOUR FIFTH STREAM A Fortune in Foreclosures and Flippers    What Creates Short-Term Bargains? Bargain Opportunity 1: Foreclosures Bargain Opportunity 2: Flippers    CHAPTER 10 - REAL ESTATE SUPERCHARGER 11 Powerful Ways to Earn 20 Percent or ...    The Power of the Traditional Leverage Single-Family Home 11 Ways to Supercharge Your Real Estate Investments    CHAPTER 11 - YOUR SIXTH STREAM OPT—Huge Profits by Paying Other People’s Taxes    A Hard Lesson Learned—A Fortune Recaptured! Government Guaranteed Checks of 16, 18, 25, up to 50 Percent Interest Tax sales or certificates. Don’t Make These Deadly Mistakes with Your Hard-Earned Dollars! A Home to Own or Sell for Just Pennies on the Dollar!    CHAPTER 12 - YOUR SEVENTH STREAM Network Marketing—The Ultimate Money Machine    The Awesome Power of Leverage Are You Crazy? Principle 1: Select the Right Company Principle 2: Use the Right Marketing System Principle 3: Use the Right Leadership System    CHAPTER 13 - YOUR EIGHTH STREAM Infopreneuring—How to Turn a Tiny Classified Ad ...    Marketing Information Turn Your Expertise/Passion/Hobby into Lifetime Cash-Flow Streams Turn Your Life Story into Money . . . Even If You’ve Been a Miserable Failure Best Business in the World: Selling Information Cracking the Code Five Rings of Riches: Vast Opportunities Await All Infopreneurs Nice. The Info-Funnel: Attracting Lifelong Customers into Your Inner Circle Good to know. How Quickly Can You Turn an Idea into Cash?    CHAPTER 14 - YOUR NINTH STREAM Licensing—Intellectual Property at Warp Speed    History of Licensing Applications of Licensing    CHAPTER 15 - YOUR TENTH STREAM The Internet—Your Next Fortune Is Only a Click Away    Sales funnels or 'click funnels' First Key to Internet Success: Strategizing Your Launch Second Key to Internet Success: Automating Everything Third Key to Internet Success: Marketing to Build Traffic Launching Your Site Summary    CHAPTER 16 - Financial Fortress Stategies: Shielding Your Multiple Streams of Income    Asset Protection Estate Planning Legal Strategies    CHAPTER 17 - Balancing Act: Getting Your Act Together    Twenty-one Time Tips for the Twenty-first Century    CHAPTER 18 - Share It: Leaving a Legacy That Outlives You    INDEX

  7. 4 out of 5

    Waseem

    good book...almost a favourite but i feel robert covered 'too much'? ie - is this a self help book?...real estate book? info publishing?...all rolled into one! (but he covered the topics well considering the date of orginal publish) either way...5 stars ... ") Waseem Mirza http://www.WaseemMirza.net good book...almost a favourite but i feel robert covered 'too much'? ie - is this a self help book?...real estate book? info publishing?...all rolled into one! (but he covered the topics well considering the date of orginal publish) either way...5 stars ... ") Waseem Mirza http://www.WaseemMirza.net

  8. 5 out of 5

    Randrussell

    many grandiose ideas and schemes that get you excited, but at the end of the day not real practical. one of those where you're motivated to take on the world while reading the book, but 10 minutes after putting the book down you know you're never going to do any of it. many grandiose ideas and schemes that get you excited, but at the end of the day not real practical. one of those where you're motivated to take on the world while reading the book, but 10 minutes after putting the book down you know you're never going to do any of it.

  9. 4 out of 5

    Paul

    I like the layout of this book, although I think it needs to have an updated edition released after recent real estate woes. Despite its datedness, it still functions as a solid reference book and a source of inspiration for those who haven't really considered all the possible sources of income in the world. I like the layout of this book, although I think it needs to have an updated edition released after recent real estate woes. Despite its datedness, it still functions as a solid reference book and a source of inspiration for those who haven't really considered all the possible sources of income in the world.

  10. 5 out of 5

    Anton Klink

    Having read it quite a number of years ago, I remember liking it, yet I can't seem to remember too many specifics about it. Obviously it wasn't bad, otherwise I would have remembered that, but neither was it good enough to burn a vivid image into my mind, so three stars is probably the fairest rating I can give it. Having read it quite a number of years ago, I remember liking it, yet I can't seem to remember too many specifics about it. Obviously it wasn't bad, otherwise I would have remembered that, but neither was it good enough to burn a vivid image into my mind, so three stars is probably the fairest rating I can give it.

  11. 5 out of 5

    Cherie

    Though its a basic read, this book introduced me to the idea of multiple income streams and helped fuel my entrepreneurial spirit in the newlywed years. I would recommend it as a basic financial read, much like Rich Dad Poor Dad.

  12. 4 out of 5

    Karim

    I think the book highlights many things that most people might not have thought about before. Unfortunately I think it's presented poorly in a haphazard way. I'm torn between giving two stars or three, but I think this book leaves a lot on the table for and hope a revision is in store. I think the book highlights many things that most people might not have thought about before. Unfortunately I think it's presented poorly in a haphazard way. I'm torn between giving two stars or three, but I think this book leaves a lot on the table for and hope a revision is in store.

  13. 5 out of 5

    Karim

    it is an excellent book for who to seek a finnancial succes

  14. 5 out of 5

    Susan

    This is an excellent book! I need to add it to my collection and listen to it a couple of times; full of usable information.

  15. 5 out of 5

    Randy

    I think it makes me think about the many ways to get money to achieve financial freedom.

  16. 4 out of 5

    Wendy Phraner

    The beginning of this book is good and packed with sound advice. However, the lengthy MLM pitch at the end was in poor taste and made me think twice about all the info provided.

  17. 4 out of 5

    Theresa Alimi

    Great book I can read this book over and over again

  18. 5 out of 5

    Mona "Moksu" Turtiainen

    This book contains a lot of important and useful information and I would definitely recommend you read this if you are interested in making more money.

  19. 5 out of 5

    Dmytro Hlazunov

    I assume, if change all bibles on the world to this book the world will become a better place.

  20. 5 out of 5

    Locky

    I may have given this book 5 stars if it wasn't so catered to the American reader - as someone living in Europe, a lot of the ideas and possibilities of multiple streams of income are made void by over-reaching government programs and extremely high taxes over here (thank you, Swedish government). This is hardly the author's fault though. Europeans don't enjoy the liberties an American might so naturally a book focussing on the American market and economics isn't going to be as useful to European I may have given this book 5 stars if it wasn't so catered to the American reader - as someone living in Europe, a lot of the ideas and possibilities of multiple streams of income are made void by over-reaching government programs and extremely high taxes over here (thank you, Swedish government). This is hardly the author's fault though. Europeans don't enjoy the liberties an American might so naturally a book focussing on the American market and economics isn't going to be as useful to Europeans in that sense. Having said that, it was nonetheless an interesting read, if not quite dated on the chapter about the internet. I wouldn't hesitate to recommend this book to any American citizens as I feel the biggest benefits are reserved for those living under American law and the American market.

  21. 5 out of 5

    Shriyansi

    To be fair, I heard the audiobook. Yeah, it was him reading it aloud. If I could rate it any lower, I would. Absolute junk. It's a one hour advertisement for more of his junk. Unfortunately, for him, he has explained in the audiobook that his "products" are nothing but smoke and mirrors. So no, thank you. Also, he actually says: On the internet, no one knows who you are (context being that you can peddle whatever crap you want to unsuspecting suckers). And then laughs maniacally. Wtf? There's a To be fair, I heard the audiobook. Yeah, it was him reading it aloud. If I could rate it any lower, I would. Absolute junk. It's a one hour advertisement for more of his junk. Unfortunately, for him, he has explained in the audiobook that his "products" are nothing but smoke and mirrors. So no, thank you. Also, he actually says: On the internet, no one knows who you are (context being that you can peddle whatever crap you want to unsuspecting suckers). And then laughs maniacally. Wtf? There's a whole lot of hooey out there in the area of self improvement. This one, is right on the top of the stinking pile.

  22. 5 out of 5

    Vince

    I read this book twenty years ago and I can tell you it works. Wealth is a river not a lake and having multiple streams supporting your rivers provides security in tough times and ultimately freedom. Today everyone has a side hustle and that's great. This book will take you deeper and provide ideas as well as a framework. Don't think that you need to have money today to get something from this book. It's the thinking that matters and once you are thinking in this new way you'll find the streams. I read this book twenty years ago and I can tell you it works. Wealth is a river not a lake and having multiple streams supporting your rivers provides security in tough times and ultimately freedom. Today everyone has a side hustle and that's great. This book will take you deeper and provide ideas as well as a framework. Don't think that you need to have money today to get something from this book. It's the thinking that matters and once you are thinking in this new way you'll find the streams. Here's to you and much success!

  23. 4 out of 5

    |Duke Miguel

    I think it was superb, and inspirational. As far as business books are concerned and rated, this isn't a five because sadly its strategies are not completely functional in my country. I was motivated and well educated -I learnt a lot about real estate and stock trading -and I am looking forward to adding an extra stream of income to my income portfolio which at the moment has...hmm let me see...zilch. I think it was superb, and inspirational. As far as business books are concerned and rated, this isn't a five because sadly its strategies are not completely functional in my country. I was motivated and well educated -I learnt a lot about real estate and stock trading -and I am looking forward to adding an extra stream of income to my income portfolio which at the moment has...hmm let me see...zilch.

  24. 5 out of 5

    Jennifer Erom

    Here comes an opportunity to join the great brotherhood/sisterhood illuminati Just contact my superior Mr Alex * This brings everything to human life All the good things in life *Live a life of harmony *Live a life of freedom *Live a life of peace The Illuminati is a way of good living The Illuminati is the opportunity that we don't want to miss This is the opportunity now. WhatsApp: +2347036264042 Email:[email protected] Here comes an opportunity to join the great brotherhood/sisterhood illuminati Just contact my superior Mr Alex * This brings everything to human life All the good things in life *Live a life of harmony *Live a life of freedom *Live a life of peace The Illuminati is a way of good living The Illuminati is the opportunity that we don't want to miss This is the opportunity now. WhatsApp: +2347036264042 Email:[email protected]

  25. 5 out of 5

    Ian McGaffey

    This was a good perspective on how to create grow and protect wealth in today's world. As a Canadian some of the tax strategies were not relevant, but there are likely similarities to explore. I found myself often thinking how I can utilize these strategies in my own life. I look forward to trying them out. This was a good perspective on how to create grow and protect wealth in today's world. As a Canadian some of the tax strategies were not relevant, but there are likely similarities to explore. I found myself often thinking how I can utilize these strategies in my own life. I look forward to trying them out.

  26. 4 out of 5

    ARC

    It’s a very convincing and practical read. The author writes in an extremely addictive manner that keeps u glued and highly motivated. Needs a thorough update on existing information but the ideas are still applicable today.

  27. 4 out of 5

    Learae

    Robert Allen shares so many ideas for multiple streams of income in this book. I can't image that anyone wouldn't be able to find several ideas that fit for them. The ideas in this book can easily be implemented to begin creating multiple streams of income immediately. Robert Allen shares so many ideas for multiple streams of income in this book. I can't image that anyone wouldn't be able to find several ideas that fit for them. The ideas in this book can easily be implemented to begin creating multiple streams of income immediately.

  28. 4 out of 5

    Lee Hutchins

    If you want a way out of your primary employment, then this is the book for you. I have already started using some of the principles of "Multiple Streams of Income" that Robert G. Allen outlines in the book to make me a secondary income. If you want a way out of your primary employment, then this is the book for you. I have already started using some of the principles of "Multiple Streams of Income" that Robert G. Allen outlines in the book to make me a secondary income.

  29. 5 out of 5

    Marton Zoltan

    Top1 book about passive income

  30. 4 out of 5

    G

    Disc 1 - 4 worth reading and still relevant.

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