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Multiple Streams of
Income Challenge
"Early last year New York Times best-selling author, Robert G. Allen, worked with and created dozens of success stories! He is NOW in the process of selecting a new team of students to work with on his latest challenge."
Dear Friend
My name is Robert Allen. I'm the author of two of the largest selling financial books in history; Nothing Down and Creating Wealth, both #1 New York Times best sellers -- read by millions of people in the past 20 years. My other best-selling books include Multiple Streams of Income, Multiple Streams of Internet Income, and my current Mega-Best-Seller, The One Minute Millionaire co-authored by Mark Victor Hansen.
Several years ago, I ran a full page ad in The Wall Street Journal and other major newspapers. It carried the following headline: "Send me to any city in the United States. Take away my wallet. Give me $100 for living expenses. And in 72 hours I will buy an excellent piece of real estate using none of my own money." This is what happened. I was challenged by the Los Angeles Times to live up to my claim. They flew me to Los Angeles, where I met Martin Baron, the L.A. Times reporter, and together we flew from Los Angeles to San Francisco. When we arrived at the airport, I handed him my wallet and he handed me five crisp twenty dollar bills. "With a reporter by my side, $100 for living expenses, and armed only with my knowledge; I purchased 7 properties worth $772,000, all in 57 hours." Los Angeles Times, Business Section A few days later, the front page of the Los Angeles Times business section carried the following headline: "Buying Home without Cash: Boastful Investor Accepts Time Challenge-and Wins."
The long detailed article chronicled the entire story from 6 a.m. Monday until 5:15 P.M. Wednesday. I had done it!
Yes, the strategies and techniques I described in my bestselling book "Nothing Down" really work! But still the experts and skeptics refused to be convinced. I then appeared on a television show in Houston. After explaining my story, the host said with a sneer, "Yeah, you proved you could do it. But I doubt one of our average viewers could do it."
That comment really ruffled my feathers. I found myself saying the following words, which stunned even me when I heard myself say them: "Anybody can do it. Send me to any unemployment line. Let me select someone who is broke, out of work, and discouraged. Let me teach him in two days time the secrets of wealth. And in ninety days he'll be back on his feet, with $5,000 cash in the bank, never to set foot in an unemployment line again..." The host still wasn't convinced. (Skeptics never are.) But as I left the show I began to wonder. "What if I could go to any unemployment line..." The idea stewed for a year or so and resulted in my going to St. Louis in June 1984. There the ex-mayor of St. Louis, a former FBI agent, monitored my every move as I selected a young couple from the unemployment lines of St. Louis and taught them my secrets for two full days. "In ninety days they had bought a property, fixed it up, and sold it again for $5,000 cash profit-all starting with nothing down. Within 12 months they had earned over $100K!" Once again I had proved that my strategies work. I have been challenged again and again by various people in the news media over the past ten years to take ordinary people and make them wealthy, and always with the same result.
"In my first-ever deal I acquired a $5.7 million 91 unit apartment building for $4.25 million using none of my own money. There's no way I could have done this real estate deal without Robert Allens help."
Greg Warr, New York
"10 days ago we put a mail piece out using one of the Robert Allen techniques and we've received $90,000 in orders already."
Roxanne Emerich, Minnesota
I was challenged by Regis Philbin in New York City to select a person from his studio audience. I picked a young woman, flew her to San Diego to attend my intensive investment program, "Wealth Training". In less than ninety days after her return to the "Big Apple", she found and purchased a nice duplex apartment building. Even more gratifying to me than her financial success was the look on her face as she explained to Regis Philbin how she had done it. She radiated a sense of self confidence that was worth far more than a million dollars. She knew she could make her dreams come true.
In the early months of the year 2000 I was approached by representatives of the world's leading producers of infomercials. They wanted to create a new infomercial marketing an information product based upon my most successful money making strategies. They called the show Real Streams of Cash. In addition, they wanted to show some actual film footage of someone actually making money using my systems. I explained that the most dramatic way to demonstrate how quickly a person can generate huge streams of cash was to shoot some live footage of me making money on the Internet. I said...
"Sit me at the keyboard of any computer in the world with access to the Internet, and in just 24 hours I'll earn at least $24,000 in cash." The producers of the show were skeptical. They wanted me to lower the figure. They reasoned, "A thousand dollars in 24 hours is still a lot of money to the average person. But I must admit that I, too, had my doubts.
It was now time to put my gut feeling to the test...for real. On May the 24th, 2000 at a studio in Burbank, California, I began shooting my infomercial entitled "Real Streams of Cash"
I checked the total after 6 hours and 11 minutes. The total was $46,684.95!
The next morning still dressed in my bathrobe, with live cameras rolling, I checked the total number of orders. It was now up to...$78,827.44!
Now, this was exciting and I still had about four hours to go.
That afternoon, 24 hours after the challenge had begun, we did a final tally. The total amount in orders was: $94,532.44
You may be saying that's great that the famous Robert G. Allen can do that, but what about normal people like me? Let me tell you about a few:
"We have accumulated enough properties using Robert Allens Real Estate system to have a net worth of over $1 million." - Karen Nelson Bell & Duncan Guertin, Nevada
"In my very first stock trade using one of the techniques I learned, I made $6,000." - Pat Wyman, California
Why do I tell you about these challenges, because I want You to be a part of my Next Challenge!
I am confident that with the right mentors, tools, teams and systems, any challenge can be overcome. The key to creating wealth is to use leverage and lots of it. To become wealthy the FAST WAY you need leverage.
Leverage equals speed. If you want to create wealth, you need leverage. Lots of it. There are three parts to leverage.
The first part is the objective (the Dream) that you intend to bring into reality. The intelligent investor focuses on a dream that advances humanity; it adds value. In this way, every dollar earned is an "enlightened" one. In addition, the precessional events are always positive, and, as the dollars mount to millions, a sense of gratitude permeates the investors being.
The second part is the fulcrum. That is you. You are the object upon which the lever pivots. Without you there is no height to the lever and the objective will never move, no matter how long the lever or how much force is applied to the lever.
The third part is the lever itself. When the objective and the fulcrum are in place, success depends on the length and strength of the lever. Assuming the lever is strong, it is all about the length of the lever. The longer the lever, the less force that is needed to move the object. A long lever works easier and faster than a short one.
Intelligent investors know speed is the new currency of business. Hence, the wealthy create very long and strong levers.
The Longer the Lever, The Greater the Impact
A movie star makes a movie once. The leverage comes when thousands of prints are made and the movie is shown all over the world. The money comes when millions of people pay to view it.
A baseball player plays baseball. The leverage comes when he is watched by tens of thousands of fans at the stadium and viewed nationally on television. The large salary a ball player makes comes from the revenues of this leverage.
Teachers, on the other hand, usually have twenty-five to forty students per class. They have very little leverage, and thus their salary is relatively low. Both the baseball player and the teacher add value (with the teacher generally seen as adding more value), yet the baseball player has the greater leverage, and thus is able to demand and receive more money for his services than a teacher.
All large sums of money embrace the generalized principals of leverage. For example, the first volume of "Chicken Soup for the Soul" added lots of value. It was a book that was written once, yet it was purchased by millions. Once the book became a hit, the authors were able to leverage the "Chicken Soup" brand into many other books. (e.g., Chicken Soup for the Teenage Soul) as well as other products, like the Chicken Soup calendars. Tens of millions of these products have been and are continuing to be sold. This leverage creates continuous income streams not only to the authors but also to the publishers, distributors, book stores, and many others.
The book "Nothing Down" explains the power of leverage in real estate. For example, if you put 10% down on a $200,000 home that goes up in value by 5% in one year, then the property is worth $210,000. You get the leverage not only on your $20,000 but also on the remaining $180,000 that you have borrowed. Your $20,000 investment has earned you $10,000, a 50% return on your money.
When you are able to buy real estate for no money down and it goes up in value, you have created a return on someone else's money. Of course, some time and effort are involved. However, computing a financial return on no money invested shows an infinite return. That is infinite leverage.
Leverage is the power to control a lot with just a little. Big doors swing on little hinges. In the business world, there are five kinds of leverage.
OPM-Other People's Money. In real estate investing you may buy residential real estate with 10% down and yet you control 100% of the property. The classic investment book nothing down teaches how to achieve ultimate leverage: how to buy property with little or no money down. Thousands of people have become wealthy using this system.
OPE-Other People's Experiences. It takes too long to learn it yourself, so borrow or learn from others. The easiest way to become rich is to apprentice personally with someone who is rich. Learn all they know, meet all their contacts, and do what they do-do it even better. If this isn't possible, read their books, listen their tapes, watch their videos, interview them if possible, and attend their seminars. One idea you learn can save you ten years of work effort. Leverage is about maximizing your results in a minimum amount of time. Therefore, absorb lifetime bodies of information and insight-compressed into instant use ability just for you-in the forms of books, tapes, cd's, films, videos, and seminars. This is the cheapest and quickest way to gain OPE.
OPI-Other People's Ideas. When Mark Victor Hansen wanted to become a professional speaker he attended the national's speaker association meeting in 1974. Cavett Robert, the "dean of speakers" and cofounder of this association, talked about how to create multi-authored books. Within a month, Mark had adopted the idea and created a book with Keith DeGreen called Stand Up, Speak Up and Win. They enrolled 14 co-contributors who each invested $2,000 to obtain 1,000 books each. It was Marks first zero-cash investment. He capitalized on someone else's idea to personally earn $200,000 in that year (selling 20,000 copies at $10 each). Your objective is to associate with people who can share with you their powerful money making ideas.
OPT-Other People's Time. Individuals will sometimes volunteer their time in certain circumstance, but most will sell you their time, talent, connections, resources, and no-how relatively inexpensively. Leverage yourself with professionals who are excellent and unique at employing their abilities.
OPW-Other People's Work. Most people want a job. They want security, rather than opportunity. Higher and delegate to them everything that you don't want to or can't do as well. Leverage yourself through other people and grow.
Intelligent investors are masters at using all five kinds of leverage.
Alone, you are without leverage. You have to rely on your own knowledge, your own experience, your own money, your own resources. This is the long, slow way to wealth. Eventually, your resources run out. You become discouraged. Eventually, you will give up on your dreams.
A single conversation across the table with a wise man
is worth a month's study of books.
CHINESE PROVERB
Your first form of leverage is to acquire a mentor. Your mentor has tackled this mountain before you. Your mentor knows the terrain, the challenges, the pit falls. Your mentor knows what to do. More important, your mentor knows what NOT to do. This is the first shortcut-avoiding lost time and money in trying to correct rookie mistakes. Your mentor also knows the shortcuts, the time-savers, the little tricks. You need a mentor.
Most people's lives are a direct reflection of their peer groups.
ANTHONY ROBBINS
Your second form of leverage is to acquire a team. Together Everyone Achieves Miracles. You can spot one another's blind spots. You can encourage discouraged team members. They can encourage you when you are down. They fill in the gaps in your skill sets. They can be strong where you're weak. As a team, you all run faster. A 4-by-4 relay team runs the mile about two seconds faster than the individual runner. If you want speed, you need a team.
Someday this will be true for all of us:
Our network will equal our "net worth".
TIM SANDERS
Your third form of leverage is a network. Each team member knows at least 100 valuable contacts. A team of six therefore knows 600 people. If each of these people knows 100 valuable contacts, then you have access to 60,000 valuable contacts. But these numbers are deceiving. It has been calculated that the value of the network is the square of the number of people in it. If your immediate number consists of 600 people, then your ultimate reach is 600 times 600, or 360,000 valuable contacts. Obviously a one person team is not enough. You need the power of a network. In that network, there are several key contacts-people who control huge networks of people. A key contact has "make it happen" power. One word from this key contact and things happen. The value of the large network is the increased probability of finding the key contact. Remember, all it takes is ONE key contact.
You can rest assured that if you devote your time and attention to
the highest advantages of others, the Universe will support you,
always and only in the nick of time.
R. BUCKMINSTER FULLER
Your fourth form of leverage is the infinite network. There is a spiritual connection that links us all together. This is the realm of coincidence, serendipity, chance, a twist of fate. Tapping into the infinite network is the ultimate form of leverage.
Your fifth form of leverage is the use of tools and skills. Intelligent investors use the tools of wealth-computers, the internet, e-mail-for fast communications, fast calculations, fast decisions. If you want a speedy result, you need instant information.
SAVE YOUR SELF TIME ENERGY MONEY
Robert G. Allen & Mark Victor Hansen
Your sixth form of leverage is systems. Every millionaire has systematized, stream-lined, and organized the processes of wealth. The most efficient form of information transfer is to learn your mentors system and follow it-whether you've chosen real estate, the stock market, business, or the internet. Learn the system.
When the combined force of mentors, teams, networks, infinite networks, tools, and systems is applied to a strong, long lever, miracles can happen in minutes.
As I stated earlier, I am working on my latest challenge, of creating success stories. I have scores of curious people that want to work with my team and I. However, we are looking for serious individuals who are in a realistic position to become success stories. It's physically impossible to work with everyone. Therefore, we are looking for the right type of person. We will only select and work with people who have the Time, Belief, Motivation and Charitable Desires to become success stories.
If you believe you have what it takes to succeed with my guidance, I'm going to do something absolutely "unheard of". I going to select a few of you to work with me for the next year. (Remember - I've accepted a public challenge, so I'm willing to do practically anything to help you succeed!)
[FILL OUT CHALLENGE APPLICATION TODAY](http://www.robertallenschallenge.com/challenge.html)
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