Archive for the ‘The $5000 Millionair’ Category

The $5,000 Millionaire

Saturday, December 15th, 2007

This past year I have taken a bit of a sabbatical from my entrepreneurial efforts in order to join with my friend and colleague, Ron Porter, and write a book. We have changed the name of the book multiple times. It started as The Entrepreneur Recipe Cookbook , then Bootstrap Business and now we have narrowed down to the name of The $5,000 Millionaire. Although the name of the book has changed several times, the primary purpose of the book has remained the same. This book is about:

1) How to take $5,000 and turn it into a multi million dollar business.
2) How to balance your business and personal interests. We call this “human business”.
3) It focuses on actionable, proven steps and not just theory.

The book is a compilation of personal stories and examples. In fact we have gone so far as to test the principles of this book by starting a new company with just $5,000. We are now 7 months into the new company and have already grown it to have a $140,000 of revenue per month. The principles in this book work!

This project has turned out to be one of the most challenging projects of my life. I am pleased to announce that we have now completed the entire first draft of The $5,000 Millionaire. We are now in the process of finding an agent and a publisher. Our team has shifted into a new phase. Up to this point, we have remained very quiet and have not actively promoted the book. As of the weekend, we are beginning to actively and aggressively highlight and promote both the book and the web site.

One of the fun things that we have on the web is an Entrepreneurial Appetite Test (EAT). This is a 39 question test that gives you direct feedback on your strengths and weaknesses in relation to becoming an entrepreneur. It then points you to the chapters in the book that focus on the attributes or challenges you may have in becoming an entrepreneur. It is a powerful tool that can help you overcome your weakness and steer clear of painful obstacles as well as reinforce your strengths.

So far, Erin and Shanna have done a great job of offering some tidbits of things that they have learned while working on the book. However, starting this week we are going to change our blogging format. Each week we will send out a powerful blog that gives practical tips and correlates with the principles of the book. These blogs will rotate between myself, Ron, Erin and Shanna. .

There are several authors and books that I have found invaluable to the way in which I have done business. The following books have had significant impact on me:

Seth Godin’s thoughts on permission Marketing
Victor Frankle’s Mans Search for Meaning
Stephen Covey’s Seven Habits of Highly Effective People
Jim Collins Good To Great
Robert Kawasaki’s Rich Dad Poor Dad

The $5,000 Millionaire will be released this coming year. Just as I have found the above books valuable in starting and sustaining my businesses, I am confident that readers will find The $5,000 Millionaire to be an equally valuable resource in your business endeavors.

It is our intent within the next year to turn this website into an online entrepreneur community where networking can take place and ideas can be generated. We hope that you will take advantage of this opportunity and become a part of our community.

I invite and welcome any comments and feedback from you. Please bookmark, share and promote the key information from this website and book. Our goal is the help as many up and coming entrepreneurs as we can.