How to Be a Millionaire: Advice From Michael L.F. Slavin

[Posted on February 12th, 2015 by Michael L. F. Slavin]

 

Michael L. F. Slavin truly believes you can have $1,000,000 in the bank, and is ready to inspire you to reach your financial goals. His focus in on helping the ordinary person recognize that there is no shortage of resources available to help you launch your business. Slavin will help you find the focus, financial means, and mindset to reach a successful million dollar outcome with your business.

He’s Been in Your Shoes

Michael L. F. Slavin‘s car had been repossessed, his house had been foreclosed upon, and he was facing bankruptcy when he began his company. A graduate of West Point, Slavin spent 10 years in the army prior to seven difficult financial years as a civilian. During this seven year period, which he describes as a hurricane, Slavin struggled to find his footing in the civilian world, cycling through jobs as a head hunter, insurance salesman, marketer, and mergers and acquisitions manager. With only twenty dollars in his pocket, he launched U. S. Emerald Energy, a company that deals with all aspects of gas and oil exploration, including prospecting, drilling, leasing, and production

In four years, he had his first one million dollars in the bank. Slavin has woven his personal story throughout the book, presenting practical advice from an ordinary guy who started at ground level.  Slavin shares how he utilized free resources to help him develop a solid business plan, which is essential for starting a business. Within a few years he had become a millionaire. Looking back, Slavin reflects on how this goal is not unobtainable to the average person; they just need to have access to the right resources to enable them to start their own business, as he did.

Real Life Success Stories

Outside of Slavin’s personal story, many case studies are interwoven.  We meet an eclectic series of real people, including a machinist who started his own craft beer company, a woman who achieved her dream of building a clothing boutique, and three young men who became millionaires selling wrist bands. What these people have in common, besides starting from ordinary means, is the mindset, the preparation, the execution, and the resources. All of these people have prioritized working on what grows their business. They have prepared, done their research, and gathered all the free advice that they could find.

Find and Follow the Money

Slavin emphasizes that while this is not a get-rich-quick book, with the right execution you can have one million dollars in three to seven years.  From venture capital to community funding, government grants to personal loans, there is copious money around you to help turn your dream into reality.  Many resources exist, yet are often underutilized simply because new business owners were unaware of the potential for financial support. With Slavin’s financial resource list and useful case studies, this inspiring, realistic book will serve as a practical guide to an ordinary person seeking to take their idea to the next level.

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