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Title: Live Rich : Everything You Need to Know To Be Your Own Boss by Stephen Pollan, Mark Levine ISBN: 0-88730-934-8 Publisher: HarperBusiness Pub. Date: 01 January, 2000 Format: Paperback Volumes: 1 List Price(USD): $14.00 |
Average Customer Rating: 3.25 (36 reviews)
Rating: 5
Summary: Do it for the money and the love will follow.
Comment: I loved this book (audio version). At the time I was struggling with my job because although I was making money, I didn't love the work. Mr Pollan cleared my mind and with clear and useable tools I was able to re-invent my work self and put my priorities in order. 1. Work for money. 2. Work for yourself. 3. Go home and enjoy the family/community time.
I recommend the audio version (Stephen, why not release a CD version?) because the author's voice is classic and you can feel the conviction of what he's saying. I also have the print version and it is a little more dry (straight information.)
I have given the audio as a gift a number of times and each person calls to thank me for the 'life altering gift'.
It can change your view of money and work and enjoyment if you'll let it.
Rating: 3
Summary: Contradictory....
Comment: This book contradicted itself in several places. For example, if you're an employer, pay as little as you can, offer no benefits, especially continuing education, hire indie contractors instead of employees, etc. If you are an employee, no loyalty, ask for as much money as you can get, demand paid continuing education, change jobs every three years happy or not, etc.
His advice works only if you are in businesses that are like his, lawyer or othere white collar professional, or jobs where machines can do most of your work. SOMEBODY has to do physical work of some sort, so that others can do what Pollan espouses. Someone has to clean houses, make food at restaurants, take care of the elderly in nursing homes. Are you prepared to either work all your life to pay $$$$ an hour for this, or at some point are you going to do some of this stuff yourself to save money and/or make money off of others?
He seems to feel that any sort of actual "labor" is something to be avoided. Well, who is going to weed his garden, or make the computers or any other machines he needs in his business?
I actually found part 2 of the book more useful.
Rating: 4
Summary: Look At Your Perspective On Life
Comment: "Live Rich" was published 2 years after the monumental book "Die Broke" by Steve Pollan and Mark Levine. The latter comprising of the most common-sense, statistically backed-up, and realistic approaches to life, career, and finances for the New Economy. Most people then, and still now, follow an outdated philosophy designed for an economic environment that began the dissolve in the early 1970s.
How many MBAs do you know who that have job security today? Which job # are they on? How about those lovely stock options? How many have blown their chance of retiring by their late 30s (unless they switch models soon)? Pollan's model for the new economy: "quit today, pay cash, don't retire, die broke." Mass firings, down-sizing, and layoffs have been rampant in the 1990s when this book was written (1998), and they will continue as companies will have to cut their costs, oft-times quickly, in order to remain competitive and survive today (2003).
In "Live Rich," Pollan has 98 short but informationally full chapters ranging on lifestyle, employment, to investing. The first seven are philosophical and the latter ninety-one are "Putting Theory To Practice." Some chapter titles are: insurance, networking, benefits, financial ratios, mentoring, creditor relations, negotiating, receivables, payables, and seed money among many more.
The first chapter, is entitled "buying your freedom," and notes that freedom is subjective and means a different thing to different people. For some it's a dream house on the beach, or being able to make a living from sculpting and painting. Perhaps, spending more time with family, traveling the world, or starting one's own business. Freedom involves doing what one wants to be doing. Is being a W-2 worker, paying high amounts of taxes throughout your life, and waiting for the end of it to do what you want, freedom? Some folks can tremendously benefit from reading this latest work if they can change the way they've been conditioned. For those who haven't read Stephen Pollan yet, it's better to read "Die Broke" first.
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Title: Die Broke : A Radical Four-Part Financial Plan by Stephen Pollan, Mark Levine ISBN: 0887309429 Publisher: HarperBusiness Pub. Date: 01 October, 1998 List Price(USD): $15.00 |
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Title: Second Acts : Creating the Life You Really Want, Building the Career You Truly Desire by Stephen M. Pollan, Mark Levine ISBN: 0060514876 Publisher: HarperResource Pub. Date: 24 December, 2002 List Price(USD): $22.95 |
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Title: The Die Broke Financial Problem Solver: Six Steps to Overcoming All Your Money Problems by Stephen M. Pollan, Stephen M. Pollan ISBN: 0066619912 Publisher: HarperCollins Pub. Date: 26 December, 2000 List Price(USD): $14.00 |
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Title: The Die Broke Complete Book of Money by Mark Levine, Stephen M. Pollan ISBN: 0066619947 Publisher: HarperCollins Pub. Date: 24 December, 2001 List Price(USD): $19.95 |
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Title: Don't Die Broke: Taking Money Out of Your IRA, 401(k), or Other Savings Plan - and Creating Lasting Retirement Income by Margaret A. Malaspina ISBN: 1576600408 Publisher: Bloomberg Pr Pub. Date: 15 May, 2000 List Price(USD): $15.95 |
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