Think Like a Tycoon: How to Make a Million in Three Years or Less [6r.e. ed.] 0906619270, 9780906619278

The Wealth Building Classic Written By Dr William G Hill

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CONTENTS

Ch a p t e r 1 TH E BUCK S TAR TS H E R E

Ne x t , t r y it wit h $ 2 0 ,0 0 0 $ 2 , 0 0 0 ,0 0 0

"Give it t o t h e ba n k t o m a n a ge !"

P r o b a b ly y o u we r e a d u m m y !

Th e fir s t ba r r ie r b e t we e n y o u a n d a n e t wo r t h o f a m illio n o r m o r e is t h e "c o n s u m e r m e n t a lit y ".

Ne ve r m o r e t h in k o f wh a t y o u a r e go in g t o s p e n d m o n e y o n ! Sm a ll s u m s a r e t h e s e e d s t h a t gr o w in t o gr e a t fo r t u n e s .

Co n c e n t r a t e o n :

Ch a p t e r 2 TH E TYCOON ME NTALITY

p la c e d h im s e lf

F IND A NE E D AND F ILL IT

Th e s u c c e s s fu l Ty c o o n a lwa y s k e e p s t h in k in g o f wa y s t o p u t a s m ile o n t h e fa c e s o f h is Te a m

Ch a p t e r 3 H OW TO P R OF IT F R OM INF LATION

In in fla t io n a r y t im e s it is n 't m o n e y b u t we a lt h in o t h e r fo r m s y o u wa n t t o a c c u m u la t e

Do It T o d a y !

Do n 't Wo r r y Ab o u t It . Do S o m e t h in g!

fe w y e a r s

life t im e

Ge t a Lit t le He lp fr o m Yo u r F r ie n d s

Mo s t fo lk s s t a n d a r o u n d wa t c h in g o t h e r p e o p le a c q u ir e we a lt h . Th e y 'd be a m a z e d a t wh a t t h e y c o u ld d o b y ge t t in g in t o t h e ga m e a n d m a k in g a n o ffe r !

Do It , Do n 't Ta lk a bo u t It

Th e Ty c o o n 's Mo r a lit y

m o d e r a t io n

Be c o m e a T r a n s c e n d e n t a l T y c o o n

Re m e m be r you r bigge s t s u c c e s s e s will c o m e o n ly if y o u p e r s is t a n d u s u a lly o n ly a ft e r y o u r b igge s t fa ilu r e s .

Avo id Be in g a Co n s u m e r

Do n 't be a c o n s u m e r

wh e r e t o in v e s t No t wh e r e t o s p e n d

Do u b le E S S e r s

Do n 't b e a d o u b le e S S e r !

Ch a p t e r 4 ACQUIR ING F INANCIAL INDE P E NDE NCE

Th e o n ly wo r t h wh ile fr e e d o m we , a s in d iv id u a ls , c a n h o p e t o a c h ie v e is fin a n c ia l in d e p e n d e n c e a n d t h e m o b ilit y t h a t go e s wit h it .

m in im u m r is k , m a x im u m r e t u r n . s m a ll a m o u n t s

Th e We s t e r n s t a n d a r d o f liv in g is d r o p p in g!

In fla t io n c h e ws u p y o u r lu n c h m o n e y

Ch a p t e r 5 TH E S TOCK MAR KE T – A GAME F OR F OOLS

Ch a p t e r 6 YOU AND YOUR BANKE R

Sm a r t ie De s k

Id io t s R e p o r t He r e .

Id io t s R e p o r t Th e r e .

S m a r t De s k ,

DON'T BE A DE ADBE AT!

S m a r t ie De s k

Ch a p t e r 7 F UZZY TH INKING LE F TIS TS

Not a l l f u zzy-t h i n k i n g l ef t i st s l ook l i k e t h i s. Th ey ju st t h i n k t h e sa m e.

Ch a p t e r 8 YOUR F IR S T INVE S TME NT P R OP E R TY

Th e n , m a k e a lo w o ffe r o r a n o - m o n e y d o wn o ffe r o n e ve r y d e a l y o u lo o k a t !

Bo r r o we d m o n e y is n o t u s u a lly c o n s id e r e d t a x a ble in c o m e !

Cr ea t i vi t y a n d Ma n a gem en t

In i t i a t i ve a n d Negot i a t i on

In f l a t i on a r y Pr i ce In cr ea se

Ch a p t e r 9 GE T YOUR S E LF OR GANIZE D

F r a n k t h e F a m ily Ma n

Th e Ma ñ a n a S y n d r o m e

Th e y n e v e r s t a r t .

We a ll h a v e t h e m a ñ a n a s y n d r o m e

Ed u ca t e You r sel f

F in d a n e e d a n d fill it .

Do n 't a r gu e o r giv e e x c u s e s t o a n y o n e .

Le t 's Ge t Or ga n iz e d !

Ca s a P a r a d is o - Ac c o u n t in g Su m m a r y

Ca s h F lo w

Billin g

Ca s a P a r a d is o

P. O.

F ilin g S y s t e m

p h o t o c o p ie s o f t e n a n t s ' c h e c k s .

con t act s

Tim e is S h o r t - Yo u Mu s t No t Wa s t e It !

Ha p p in e s s is h a v in g a go a l a n d wo r k in g t o wa r d s it . Ma n y p e o p le s p e n d m o n e y o n s h r in k s in s t e a d o f d o in g s o m e t h in g p r o d u c t ive t o m a k e t h e m s e lve s h a p p y . Th e s h r in k ge t s h a p p y a n d r ic h . Bu t d o e s t h e p a t ie n t ? No t u s u a lly .

Th e Ty c o o n 's Cr e d o

1.

Or ga n iz e d

2.

De d ic a t e d

3.

Co n fid e n t

4.

Ap p r e c ia t iv e

5.

Op t im is t ic

6.

Ed u c at e d

7.

Th r ift y

8.

S o c ia b le

9.

Ale r t

1 0 . De p e n d a ble

Ch a p t e r 1 0 F INDING S UP E R DE ALS

go o d c o n t a c t in t h e b u s in e s s is be t t e r t h a n a n y o n e d e a l.

Au c t io n s - P r o b a t e s - Co n s e r v a t o r s h ip s P a r t it io n s u it s - F o r e c lo s u r e s - Ta x S a le s d is t r e s s s a le s .

H.U.D. Au c t io n s , F .H.A., F o r e c lo s u r e s , Go ve r n m e n t De a ls

Th e Dir t y Win d o w Ga m bit

P e r s o n a l Co n t a c t s

P u t a S m ile o n Th e ir F a c e

I

No w Yo u Do It !

Ch a p t e r 1 1 NE GOTIATING TIP S AND P LOYS

Pe o p le a r e n o t ge n e r a lly in t e r e s t e d in y o u r n e e d s . Wh a t a r e t h e b e n e fit s t o t h e m ?

you

Be in g s in c e r e , u n d e r s t a n d in g, h e lp fu l, a n d in t e r e s t e d in s o lv in g t h e o t h e r p e r s o n 's p r o b le m s is y o u r be s t n e go t ia t in g s t a n c e .

Ch a p t e r 1 2 TH E MAGIC QUE S TION

F ir s t :

Se c o n d :

do not a s s u m e t h a t y o u c a n h a v e a r e p e a t p e r fo r m a n c e

Ho w t o Av o id Le n d in g Mo n e y

If a n y t h in g c a n p o s s ib ly go wr o n g, it will!

If s o m e o n e wa n t s y o u r m o n e y (in v e n t o r o r o t h e r wis e ) a s k t h e "m a gic q u e s t io n ". If y o u c a n 't b e p la c e d in a 1 0 0 % s e c u r e d p o s it io n , r u n lik e h e ll in t h e o p p o s it e d ir e c t io n !

Ch a p t e r 1 3 BUYING P R OP E R TY WITH OUT MONE Y

Op t io n I, La r r y La n d lo r d , fo r t h e s u m o f $ 1 h e r e b y s e ll t o To m Te n a n t a n o p t io n t o p u r c h a s e m y Ho u s e , F la t e t c a t 4 4 Bla n k S t r e e t , To wn , Co u n t y , fo r a fu ll p r ic e o f $ 4 0 ,0 0 0 fr o m t h is d a t e u n t il J a n u a r y 1 s t , 1 9 9 5 . Te r m s : All c a s h t o s e lle r Da t e Ac c e p t e d ,

Da t e

you

t h e s p o u s e m u s t a ls o s ign it .

Offe r t o P u r c h a s e R e a l E s t a t e Th e u n d e r s ign e d , Willia m Hill, h e r e by o ffe r s t o p u r c h a s e t h e h o u s e a t 1 0 Re d wo o d La n e , P le a s a n t Va lle y , fu r t h e r id e n t ifie d a s As s e s s o r 's Pa r c e l No . 4 5 4 5 fo r a fu ll p r ic e o f $ 1 6 ,0 0 0 , a ll c a s h t o s e lle r . Th e s u m o f $ 3 0 0 is a t t a c h e d h e r e wit h a n d m a y b e c a s h e d b y s e lle r u p o n a c c e p t a n c e o f t h is o ffe r . Up o n a c c e p t a n c e , p o s s e s s io n o f t h e p r o p e r t y s h a ll go t o b u y e r in o r d e r t h a t b u y e r m a y p u t in a fo u n d a t io n a n d o t h e r wis e m a k e e m e r ge n c y r e p a ir s a n d im p r o v e m e n t s t o s a id p r o p e r t y in o r d e r t o q u a lify fo r a b a n k lo a n wh ic h will e n a b le h im t o c o m p le t e t h e p u r c h a s e wit h in s ix m o n t h s . In t h e e v e n t t h a t t h e ba la n c e is n o t fu lly p a id t o t h e s e lle r fo r a n y r e a s o n wit h in s ix m o n t h s , t h e s e lle r s h a ll h a v e t h e r igh t t o r e p o s s e s s t h e p r o p e r t y , r e t a in a n y

im p r o v e m e n t s m a d e b y t h e b u y e r , a n d k e e p t h e b u y e r 's $ 3 0 0 d e p o s it .

Ac c e p t e d Willia m Hill

Ca s h Ou t flo w

$ 2 0 ,3 0 0

To t a l

S a m S e lle r

Ca s h In flo w

To t a l

$ 2 5 ,0 0 0

Nic e Gu y s F in is h La s t !

Ch a p t e r 1 4 MANAGING P R OP E R TY P R OBLE M TE NANTS

R o m a n t ic Ca bin in t h e Wo o d s

Ch a p t e r 1 5 P AR TNE R SH IP S CAN MAKE YOU R ICH

fin d a n e e d a n d fill it .

DIS S E NTING R E ME DY

DE AT H OR ABANDONME NT

COVE NANT NOT T O S UE

OTHE R ACTIVITIE S OF P AR TNE R S

DE P R E CIATION AND TAX BE NE F ITS

INS UR ANCE

Ch a p t e r 1 6 E XTR A H INTS AND TIP S F OR P R OP E R T Y TYCOONS

Ch a p t e r 1 7 INF LATION CAN MAKE YOU R ICH

Wh a t t o d o ?

NE W DIR E CTIONS

Yo u c a n d o a s y o u will wit h a ll t h e d a y s o f y o u r life .

H OW TO LIVE TAX-F R E E (AND S TR E S S F R E E ) F OR TH E R E S T OF YOUR LIF E On c e y o u a r e In d e p e n d e n t ly We a lt h y wit h a t le a s t £ 1 7 5 ,0 0 o r $ 2 5 0 ,0 0 0 in a s s e t s ...)

Th e in d ivid u a l wh o is a P T c a n s t a y in o n e p la c e m o s t o f t h e t im e . Or a ll o f t h e t im e !

THE P T 's F IVE F LAGS

Ca n y o u a ffo r d t o h a v e o n ly o n e fla g? - No t if y o u r n e t wo r t h is o v e r $ 2 5 0 , 0 0 0 !

F la g 1 . BUS INE S S BAS E

F la g 2 . PAS SP OR T AND CITIZE NS HIP . F la g

3.

DOMICILE

F la g 4 . ASS E T R E P OS IT OR Y

F la g 5 . PLAYGR OUNDS

F la g 6 . Cy b e r s p a c e

Ho w t o b u y i t ?

TH E TYCOON’S R E ADING AND R E S OUR CE LIS T CONS ULTING S ER VICE S ON CITIZE NS HIP , P ASS P OR TS , R ES IDE NCE R EQUIR E MENTS , AND ALL TYCOON R E LATE D MATTE R S Dr . W.G Hill, Re t ir e d la wy e r (wh o h a t e s la wy e r s ). [No lo n ge r Ava ila ble !]

CHANGING YOUR NAME – OBTAINING ALTE R NATE IDE NTITIE S

R E COMME NDE D TAX LAWYE R Ma r s h a ll J . La n ge r :

CHE AP E S T ACCOMMODATION ADDR E S S ON A TAX HAVE N

TAX HAVE NS

R E COMME NDE D NE WS LE TTE R S

P AS S P OR TS

A S P E CIAL ME SS AGE F R OM TH E AUTH OR