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Your First 100 Million by Dan Pena

For any book discussion

ITA

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Yes, the guy is very similar to Felix Dennis, except his book is more specific in teaching you how to do it.

@365: I'll PM you, or maybe start another thread to discuss this, but a bit later. I'm swamped now ;-P
 

Charlotte

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400$ for a book?
I hope it contains the holy grail to wealth. For that kind of money you can feed a village in Africa for 6 months. God I wish people were more keen on sharing/giving.

Agree, but if this is the book of books of wealth, then I would buy this book.

If five people here recommend this book because of true results, that this book is the book, then I'll look into it. It has to be the book of no other, and have information that would guarantee 10 times the worth of this book.

Or else I call intellectually scamming.
 

Buster

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What makes Pena different is that he made his money from actual business from scratch and not through selling books or seminars like most success gurus. He did it all during a recession like we're going through

Forbes, I think you should check your facts on Daniel Pena and His associate Bill Smith. Apparently from what I am reading it appears he hasn't been earning his money the old fashioned way.

Cyber Crime, Fake identity may lead

and

http://www.unitespro.org/partner/Porn call divert.pdf

It is always good to do a little research.
 
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theBiz

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im thinking of buying the book, yeah pirated stuff sucks when you are the one having it done to your product im sure. I believe if you pay for it you will take it more seriously anyway, trying to squeeze every dollar out of every sentence.
 

alainn

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I was going to look into getting this book... but now that I know he is a criminal, I'm no longer interested.
 
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valuegiver

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MCD

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I would stay away from this book. The price is outrageously high, and if you look closely at the book reviews you'll notice that they are fake. All of the book reviews on amazon are made by people who have no other activity besides for that book review. Besides the chances of 5 people finding a book flawless at such a high price is unlikely.
 

valuegiver

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It is worth every penny.

I would stay away from this book. The price is outrageously high, and if you look closely at the book reviews you'll notice that they are fake. All of the book reviews on amazon are made by people who have no other activity besides for that book review. Besides the chances of 5 people finding a book flawless at such a high price is unlikely.
 
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aikay77

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Sometime people just amuse me and then get me absoluetly annoed, I wanna smash their head in.

I'm referring to folks who just condemn stuff before they have a chance to cehck it out, just the guy who condenmed MJ's The Millionaire Fastlane , as I mentioned here:

https://www.thefastlaneforum.com/ge...hrew-millionaire-fastlane-gargabe-retard.html

If you, in this thread condenmed Dan Pena's book, there 's only two reasons why you'd do that.

1. You're either an idiot who can't figure out good from bad

or

2. You're just a hater who can't let his prejudices let him make the right choices.

Whichever you are, shame on you.

Dan Pena's book, is f**king great!

It's the first book, I ever read that ACTUALLY shows you how to GET AN IDEA AND TURN IT INTO A SUCCESSFUL BUSINESS.

It's just like The Millionaire Fastlane , M J's book, though written from the eyes of a billionaire, wwho's seen the world.

The part I like best hat the part about raising capital from your bank and most especially the prt about he, his mentor, the CIA, some mercenaries and the Roman Catholic church plotting to overthrow the dictator government of 'Baby Doc' Duvalier in Haiti, in the early 1980s! You gotta read that part I tell you.

The Millionaire Fastlane is like an MBA, and Your First Hundred Million is like a Doctoral thesis.

I'll tell you something. YOU GOTTA READ THIS BOOK!

If someone ever asks you to recommend what they should read, here's what to do...

First tell them to read ...

The Millionaire Fastlane

Next tell them to read...

Your First Hundred Million

Finally...ask them to read, listen to or watch anything by

Michael Masterson
Dan Kennedy
Clayton Makepeace
Gary Halbert
John Carlton
Bob Bly
Ted Nicholas
Jordan Belfort, the Wolf of Wall Street

Finally...

Ask them to IMPLEMENT what they learn from these sources.

These resources are what I used to build a business that makes hundreds of thousands of dollars in profits, inching towards the million dollar lever.

I hope this helped.
 
Last edited by a moderator:

aikay77

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bateati,

For that kind of money, you CAN'T feed an african village for even one day, let alone one week, let alone 6 months!

I live in Africa, and my businesses fund an NGO I set-up myself to feed children and send them to school.

I hate it when folks like you blab about what they don't know.

If you want to contribute to a topic, don't be racist or just shut-up and look elsewhere to contribute.
 
D

DeletedUser394

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bateati,

For that kind of money, you CAN'T feed an african village for even one day, let alone one week, let alone 6 months!

I live in Africa, and my businesses fund an NGO I set-up myself to feed children and send them to school.

I hate it when folks like you blab about what they don't know.

If you want to contribute to a topic, don't be racist or just shut-up and look elsewhere to contribute.

It's called sarcasm, and he was exaggerating. Please calm down. There was also no racism anywhere present.

I work with an NGO that is helping communities in Tillaberi, Niger. Even with the knowledge of how much it truly takes to make an impact, I could still see myself making a statement like bateati did.
 
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aikay77

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It sounds easy when you read it. I've listened to a tape of his from the mid 90s where a girl was working with him and making leveraged acquisitions of trailer parks to 'consolidate the industry'. Her company went bankrupt a couple of years later..

365,

I run 3 businesses and I know BY EXPERIENCE how hard running a business is. There could have been so many numbers of reasons why her business went bankrupt. Don't blame Dan Pena for it.
 

365

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365,

I run 3 businesses and I know BY EXPERIENCE how hard running a business is. There could have been so many numbers of reasons why her business went bankrupt. Don't blame Dan Pena for it.

Ok, let me repeat: her strategy was "making leveraged acquisitions of trailer parks". I am fairly confident (though admittedly I don't know) that building her business on too much leverage or overpaying for assets was one of or the main reason behind her business goin belly up. Dan likes leverage and using leverage leads to more extreme outcomes, on the upside as on the downside.
 

exon

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Well, I read that book several times, actually more than 10 times. Firstly, more than 90% of things in that book today no longer works. This book isn't based on principles but on assumptions ...lots of assumptions, tricks and tactics. Yes, there are few very good things in that book. Pena said that you should buy a new Mercedes to feel rich - that is first mistake that you can make. People need value (point). They don't need your MB. If he wants you well then he would say you to think about how much money you lose with this MB.

I read over 50 books a year, and few of those are those that I read several times. This book is OK and you can find pieces that can be used.

But, if this book is worth $200 then TMFL worth $2,000,000 (at least).
 
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Suhaib Alam

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if people knew how to use Google properly these guys would be out of business in no time.

just D/L it and its not even worth $10. I don't know why people are crying about piracy when these guys are just producing monkey cr*p and ripping people off. I D/L everything and i don't call that piracy because if i come across something useful i will also end up paying for it, its just the way things work these days when every scammer and school kid has decided to become a infopreneur.
 

77startup

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If you're going to rip off ebooks that's up to you. But don't lie to yourself. Just makes you seem untrustworthy IMHO.
 
D

DeletedUser397

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What's the huge deal about the price??

I haven't read the entire thread, maybe the first 1-2 pages. I also haven't read the book, but all I can say is I'm surprised there's so much fuss about the price.

If any of you have ever attended a college/university, you would know $400 is about the price of an expensive textbook these days. From what I've seen in the thread, apparently he's bumped the price to $200, which is pretty much the price of most college textbooks. The guy seems to be giving out a lot of seasoned knowledge and experience in his book. Relatively speaking, the guy has probably made a lot of mistakes that could save others thousands if not millions in retrospect and he's likely teaching others a better route.

There's a couple books on my bookshelf that I would pay $2000 for even, considering the value and profit they've brought me. That's less than the cost of a college semester tuition, but strangely you guys find it outrageous?

Most of you would easily toss $400 on a plane ticket, on a tech gadget, etc... yet this book could be a lot more valuable and life-impacting than any of those. A pair of Gucci shoes cost upwards of $800 ... and they teach you nothing.

Anyway, just my little rant. I don't know anything about the guy's book, haven't read it but I may. On wikipedia it says he was cleared of all charges, so the claims of him being a criminal are not true. Seems legit to me from my googling.
 
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deepestblue

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Agreed 100% with the previous poster. A price tag of a few hundred bux for advice straight from the mouth of a billionaire? How often does that opportunity come along.
 

AcquireCurrency

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lol
 

HenryDicks

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It's a good book, but far from Holy Grail of getting wealthy imo.

I like Dan's mindset, but his strategies, as has been mentioned before, are limited to getting capital, making deals and getting the right people to join your team.

I'd recommend every reader of this book to spend another five bucks on "Billion Dollar Lessons", which features "consolidation" as one of the strategies which are most likely to make your business fail. That doesn't make it a bad strategy per se - and the book does point that out - but it's high-risk and as such demands a higher level of skill and caution - which Peña's students are likely to lack.

And while you're at it, get a couple books on marketing, salesmanship and management. If you look at Danpena.com, it should become clear pretty quickly that Dan hasn't read any.
 

The-J

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Isn't it obvious? I read only couple pages from the book and he is not marketing to the guy who hasn't started making any money yet. He's marketing to the guys who have found success but want 'super-success'. I'm interested enough to keep on reading but I, as someone who has yet to make any money, cannot accurately judge.
 

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