Comments on: Roadmap To Riches http://7million7years.com How to make 7 million in 7 years ... Fri, 19 Mar 2010 00:55:05 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Adrian http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-202 Adrian Thu, 14 May 2009 00:42:35 +0000 http://7million7years.com/roadmap-to-riches/#comment-202 @ Do You Dave Ramsey - Thanks; there's definitely a 'macro' and a 'micro' happening here - Ramsey is focusing on what I call Making Money 101 (see other tabs on my home page), while I also look at what it will take to "get rich, stay rich" (i.e. MM101 + MM201 + MM301). However, you will find a huge conflict when it comes to debt reduction ... the caveat being that my audience wants $X mill in Y years (where X > 2 and Y < 15). @ Do You Dave Ramsey – Thanks; there’s definitely a ‘macro’ and a ‘micro’ happening here – Ramsey is focusing on what I call Making Money 101 (see other tabs on my home page), while I also look at what it will take to “get rich, stay rich” (i.e. MM101 + MM201 + MM301). However, you will find a huge conflict when it comes to debt reduction … the caveat being that my audience wants $X mill in Y years (where X > 2 and Y < 15).

]]> By: Do You Dave Ramsey? http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-201 Do You Dave Ramsey? Wed, 13 May 2009 12:37:22 +0000 http://7million7years.com/roadmap-to-riches/#comment-201 Cool, and sounds like fun. I've been reading your entries via my reader for a couple weeks but now I'm going back to ground myself in your overarching principles and ideas. I certainly agree that having a plan is key. I believe my efforts and writing has focused more on the here and now - the first debt reduction step in your plan. It'll be fun to 'look up' and better understand how your next steps can mesh with my current approach. Thanks! Dave Cool, and sounds like fun. I’ve been reading your entries via my reader for a couple weeks but now I’m going back to ground myself in your overarching principles and ideas.

I certainly agree that having a plan is key. I believe my efforts and writing has focused more on the here and now – the first debt reduction step in your plan.

It’ll be fun to ‘look up’ and better understand how your next steps can mesh with my current approach.

Thanks!
Dave

]]> By: adam http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-200 adam Tue, 14 Apr 2009 17:46:39 +0000 http://7million7years.com/roadmap-to-riches/#comment-200 very excited about the website, where do i start? very excited about the website, where do i start?

]]> By: Left Brain v Right Brain « How to Make 7 Million in 7 Years™ http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-199 Left Brain v Right Brain « How to Make 7 Million in 7 Years™ Sat, 21 Feb 2009 08:55:29 +0000 http://7million7years.com/roadmap-to-riches/#comment-199 [...] Roadmap To Riches [...] [...] Roadmap To Riches [...]

]]> By: Blogs, blogs, and more [bleep'ing] blogs! « How to Make 7 Million in 7 Years™ http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-198 Blogs, blogs, and more [bleep'ing] blogs! « How to Make 7 Million in 7 Years™ Fri, 28 Nov 2008 11:34:43 +0000 http://7million7years.com/roadmap-to-riches/#comment-198 [...] Roadmap To Riches [...] [...] Roadmap To Riches [...]

]]> By: AJC http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-197 AJC Mon, 11 Aug 2008 17:36:38 +0000 http://7million7years.com/roadmap-to-riches/#comment-197 @ Alex - You still can! Join the 7m7y.com Community simply by visiting the site daily and contributing and/or following along with any of the exercises or discussions that we put out. Start here: http://7m7y.com/2008/06/24/finding-your-lifes-purpose/ @ Alex – You still can! Join the 7m7y.com Community simply by visiting the site daily and contributing and/or following along with any of the exercises or discussions that we put out. Start here:

http://7m7y.com/2008/06/24/finding-your-lifes-purpose/

]]> By: Alex http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-196 Alex Mon, 11 Aug 2008 15:35:53 +0000 http://7million7years.com/roadmap-to-riches/#comment-196 I wish I had stumbled across your website earlier, when you were still taking applications for your "7 millionaires in training" project. I would love to have been a part of it. I wish I had stumbled across your website earlier, when you were still taking applications for your “7 millionaires in training” project. I would love to have been a part of it.

]]> By: AJC http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-193 AJC Tue, 05 Aug 2008 03:53:53 +0000 http://7million7years.com/roadmap-to-riches/#comment-193 @ Alex - My point exactly ... that's why you need to skip to Making Money 201. In fact, my point about the 'next Facebook' was meant to be taken seriously :) @ Alex – My point exactly … that’s why you need to skip to Making Money 201. In fact, my point about the ‘next Facebook’ was meant to be taken seriously :)

]]> By: Alex http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-195 Alex Tue, 05 Aug 2008 02:58:29 +0000 http://7million7years.com/roadmap-to-riches/#comment-195 Well maybe I was too hasty in throwing out the figure 2 million. I guess what i really mean is how do I build up a large enough sum of money to actually begin making money with? All of your "money making 101" strategies seem to already require a sizable pile of money with which to begin implementing them. Also, the real estate strategy of building up passive income through rents is an extremely long term one. If I were to buy a $160,000 dollar house at 6% with about 30,000 down (assuming my 16k turned into 30k during my college years), my mortgage would be around 720 a month. Realistically, I could probably rent that property for about 1100 a month. So we are only talking about somewhere around $3600 per year. Its a strategy that takes over 25 years to really begin producing enough passive income to support just a modest, middle class lifestyle. Well maybe I was too hasty in throwing out the figure 2 million. I guess what i really mean is how do I build up a large enough sum of money to actually begin making money with? All of your “money making 101″ strategies seem to already require a sizable pile of money with which to begin implementing them. Also, the real estate strategy of building up passive income through rents is an extremely long term one. If I were to buy a $160,000 dollar house at 6% with about 30,000 down (assuming my 16k turned into 30k during my college years), my mortgage would be around 720 a month. Realistically, I could probably rent that property for about 1100 a month. So we are only talking about somewhere around $3600 per year. Its a strategy that takes over 25 years to really begin producing enough passive income to support just a modest, middle class lifestyle.

]]> By: AJC http://7million7years.com/roadmap-to-riches/comment-page-1/#comment-194 AJC Mon, 04 Aug 2008 15:00:33 +0000 http://7million7years.com/roadmap-to-riches/#comment-194 @ Alex - That's a 400% compound annual return you're looking for ... only two 'investments' that I know of that will give you that: lottery; business. Start the next Facebook while you are still in college ... @ Alex – That’s a 400% compound annual return you’re looking for … only two ‘investments’ that I know of that will give you that: lottery; business. Start the next Facebook while you are still in college …

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