Cover Image: How To Become A Millionaire

How To Become A Millionaire

Pub Date:   |   Archive Date:

Member Reviews

Good idea? Not sure, wouldn’t recommend. Less than one star. Nothing new or even interesting.
Was this review helpful?
Dr. Paul Allyene's book, How to Become a Millionaire captured my attention with its catchy subtitle of "If a black man can do it so can you". Having read several other finance-related books, I was interested in hearing from his unique perspective. I appreciated that he provided simple, down-to-earth recommendations for analyzing your current position. Along with practical tips for reaching the goal of being a millionaire. There were a few nuances that make the book slightly unpleasant such as his often use of profanity (granted he doesn't spell it completely out) and the formatting of the book. I received an advanced reader's copy through NetGalley and the formatting on my Kindle made it quite difficult to follow.
Was this review helpful?
I found this book poorly structured and lacking in depth, but there was some good advice tucked in here and there. In particular, Alleyne's recommendation about the value of relocating for financial reasons is worth reading carefully. Unfortunately, that good advice is buried among other personal anecdotes and self-censored profanity. On the whole this seemed like a hastily thrown-together stack of notes, with just a few bright spots.
Was this review helpful?
This book is confusing and the advice given was not clear about how to truly become a millionaire. I was expecting practical advice.
Was this review helpful?
I must admit the title caught my attention and decided to see what it was all about.  Dr. Alleyne was an emergency room doctor who dreamed big.  And when I say big, I mean 18 stand alone emergency rooms throughout the state of Texas big.  Throughout his book, Dr. Alleyne does give practical advice on how to start working towards building your wealth.  First things first - get thee to a capitalist country if you are not already in one!  And second - move to an area that will allow you to develop your talents and skills, as well as achieve your financial goals.  He points out that Texas is one of few states that allow stand alone ERs. 

Although coming from a humble background, Dr. Alleyne was able to overcome his challenges and eventually become an emergency room doctor.   A few years later - an investor and eventual multi-millionaire.  I understand his many points on how if you follow the right blueprint, you can work to become successful and wealthy.  That being said, I think the path to becoming a millionaire is much more complicated when your talent and skills are not of the medical or professional sports-related nature.  No, being a doctor will not make you a millionaire, but having a doctor income and networking with other wealthy doctors to invest in a multi-million dollar company just might give you the upper hand!

Overall, I enjoyed his very down to earth approach to his writing.  It's very conversational and it was easy to follow.  Lots of statistics that will change your viewpoint on many things.  I recommend this book if you want to learn more about how to challenge the way you think about your own talents/skills and recognizing your opportunities to grow your wealth!
Was this review helpful?