Multiple Streams of Income by Robert G. Allen

On June 6, 2010, in Book Reviews, Making Money from Home, by Wilfried F. Voss

Isn’t there a dream we all share? Working a few hours per week, just enough to maintain a sizable income in the neighborhood of, let’s say, $10,000 a month, maybe even more. We spend most of our time sitting at the swimming pool at the summer house in the Caribbean, sipping our vodka-martini – shaken, not stirred.

Sounds too good to be true? Well, according to Robert G. Allen you can get rich easily by following his advice and “generate a lifetime of unlimited wealth.”

“Learn ten revolutionary NEW methods for generating over $100,000 a year – on a part-time basis, working from your home, and using little or none of your own money!”

Source: http://www.robertgallen.com

My opinion on this scheme is:

It takes two to make Robert G. Allen a rich man: A relentless businessman like Robert G. Allen and the fool who falls for his scheme!

I checked out Richard G. Allen’s website after one of my readers posted a question on my blog, asking whether or not the Robert G. Allen system works. At first look, the website’s structure bares all characteristics you find on a typical scammer website: Motivational slogans, a ton of “free” (but utterly worthless) giveaways, plus the dialog box that pops up when you try to leave his website (you need to click on a button before the window closes; if you click “Cancel” you get a “special offer.”).

All the free newsletters, free special reports, free webinars, etc. are posted for only one purpose: Collecting data, i.e. customer information, to promote his books and paid services. In layman’s terms, when you sign up for any of the freebies they probably will pester you with a constant stream of e-mails, maybe even printed brochures.

Creating a database of potential customers through a website is a standard business tool, and Robert G. Allen – in the same way that scammers work – uses this method very aggressively, proving the point that you can get rich through the Internet by applying dubious business methods. Don’t get me wrong, I am not saying that Robert G. Allen is a scammer; I just find his business ethics extremely despicable. It is easy to write books about getting-rich-systems by applying a basic business sense. You choose real estate, stock market investments, or the ever popular Internet scheme. You take some time to develop a catchy book title. You invest some money in editing the book, and post it on Amazon. Success is guaranteed, because too many people are too easy to fool. (Now that I am describing Robert G. Allen’s system, I am thinking I should be able to apply the same method. As a publisher I do have the means.)

If it sounds too goods to be true, it probably isn’t.

Let’s apply some common sense: Getting rich on a part-time basis, working from your home, and using little or none of your own money sounds too good to be true. First, you will need to pay Robert G. Allen for his advice – so what about “using little or none of your money”? The free book download is a joke, because, while the web page suggests you will receive a book in electronic format, all you get is an audio file filled with motivational blubbering. Yes, you can get a hardcopy if you submit your full mailing address. The question is, what are they going to send you? A tape? A CD?

What does “little” money mean when you deal with real estate foreclosures, trading stock options, tax liens certificates, etc.?

The truth is, in order to be successful and create substantial income, you need a keen business sense, and you need to invest major money, blood, sweat, tears, and time. It took Robert G. Allen 30 years to get where he is now. Getting rich the fast way is reserved for the few that produce extraordinary ideas (Think Mark Zuckerberg, co-founder and CEO of Facebook). If you think you possess a keen business sense, and you are willing to invest major money, blood, sweat, tears, and time, you will find success eventually without paying Robert G. Allen. A business attitude at the borderline to a criminal mind will definitely increase your chances to become rich.

Last, but not least, I know there are a lot of people out there trying to make a living. Let me know what you think by leaving a comment below. I’d like to know what you think, whether you agree with me or not.

Note: The views expressed on this post represent my very personal opinions, and they are not necessarily shared by others; neither are they representative for the general public.

Supplement July 6, 2010:

Robert G Allen, Grants, and a Credit Card Slimeball

From the Strangely Perfect Blog:

This is a small investigation into mail lists and scammy companies. Some companies are fine, but I always go by the adage to judge a man by the company he keeps. This shows how lists spread far beyond their initial purpose when you sign up for something. It also shows how the privacy policies of these marketting websites are just words wrapped in fluff.

Robert G Allen runs ‘courses’ and is highly public in his utterances. Here you’ll find the chubby faced entrepreneur open and engaging, and in common with all such sites, remarkably thin in actual methods used despite the vast amount of time extolling their virtues. They will always say it’s “to protect our secrets” etc.