Press Releases
~Best-Selling Author of The Millionaire Maker Book Series Hits Best-Selling Book List with Launch of Third McGraw-Hill Title~
San Rafael , CA – June 15, 2007 – Best-selling author Loral Langemeier, a leading personal finance strategist and Founder and President of the unique wealth building community Live Out Loud (www.liveoutloud.com), has done it again with her third book in the popular Millionaire Maker series. The Millionaire Maker's Guide to Creating a Cash Machine for Life (McGraw-Hill; $24.95) has hit #5 on The New York Times Best-Selling Hardcover Advice list, just two weeks after hitting bookshelves nationwide.
Released June 1 st, The Millionaire Maker's Guide to Creating a Cash Machine for Life shows, step-by-step, how anyone can launch their own Cash Machine--a business--using his/her existing skills and experience to generate immediate cash flow and eventually become a millionaire. In addition to building a Cash Machine, the book educates readers on exact steps they can take to fix or optimize an existing business.
The idea behind the Cash Machine also presents a different approach to debt. Millions of Americans are handcuffed by debt, building up their savings and restricting their spending, believing they need to pay down their debt first before they can build up their wealth. The book presents three 'real-life' client case studies proving that through launching their own businesses Americans can generate cash first and pay down their debt second.
The book illustrates these examples by including worksheets, charts and checklists to support the reader in the process. Other cash machine topics covered in the book include chapters on how to model your business after other successful businesses, building a support team for your venture, marketing and sales tactics, managing business operations and finances, expanding a business, and even exit strategies.
"I don't suggest my readers start their first business venture based on what they're interested in or passionate about, unless it coincides strongly with their skills and talents", says Langemeier.
Instead, her approach is for new entrepreneurs to learn how to run a business first, based on something they already understand and know how to do. Once they have the experience and the money, then they can move on to the business of their dreams.
Langemeier believes owning cash-producing business ventures is a key component to personal and financial wealth. Unlike typical wealth-building approaches, her Cash Machine concept shows how anyone can 'learn to earn', when it comes to business and entrepreneurship, the single biggest source of wealth in this country. Readers will discover how to build the foundation to sustain a viable business, which in turn will create and support wealth for a lifetime.
Langemeier has already had two best-sellers with her previous books The Millionaire Maker, How to Act, Think and Make Money the Way the Wealthy Do and its sequel, The Millionaire Maker's Guide to Wealth Cycle Investing.
About Loral Langemeier and Live Out Loud
Langemeier, as Founder and CEO of Live Out Loud, mentors thousands across the country along their way to financial freedom. She believes that Americans have a choice in their financial decisions and that anyone can learn to act, think and make money the way the wealthy do—and have for generations. Loral's programs include her "Wealth Cycle" strategies, which teach people how to generate cash and build wealth through a continuous cycle of assets and income. As part of the Wealth Cycle, she presents how anyone can capitalize on their skills and passions and generate cash--make millions-- through building what she calls Cash Machines.
Langemeier presents Millionaire-Maker events across the country and is a participating author in the "The Secret". She is also a weekly guest columnist on Gather.com and for TheStreet.com—an in-depth financial analysis and news website co-founded by CNBC "Mad Money" host, Jim Cramer. She's been featured in USA Today, The Wall Street Journal and New York Times as well as CNN, Fox News, and ABCNews.com, Forbes.com, and BusinessWeek.com.
For more information, please visit www.liveoutloud.com.
