OPM: How to Attract Other People’s Money for Your Investments – The Ultimate Leverage
In this 2004 publication written by Michael Lechter, husband of Sharon Lechter, and also an internationally recognized expert on intellectual property, Rich Dad’s Advisors: OPM: How to Attract Other People’s Money for Your Investments – The Ultimate Leverage is about what the title insinuates, precisely using other peoples money to make your ideas work. Since Michael Lechter is an attorney this edition to the Rich Dad’s Advisors books is very thorough in the concepts presented, and repetitive in the lessons portrayed. The idea of using other people’s money to jump start your business is the central theme of this book. In it, it discusses all the angles of using other people’s money, and lists such advantages and consequences of each one. The main point though is that you can use other people’s money as leverage in your own business projects that generate revenues for your pocket.
April 20, 2010
Excellent post i am sure that i will come back here soon