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The Millionaire Factory: A Complete System for Becoming Insanely Rich
The Millionaire Factory is a comprehensive system aimed to guide people with any talent, personality and occupation to become insanely rich. It is based on 10 years of research of billionaires, serial entrepreneurs, Wall Street investors and highly paid employees. The book is entertaining to read and includes many insights backed up by scientific research and real-life examples of how to maximize your primary source of income and invest money with highest return. The concepts of the system are aimed at changing your financial mindset, revealing secrets of the richest people in the world and tuning your internal money magnet to work at full capacity.
138 pages, Kindle Edition
Published January 26, 2018
135 people are currently reading
60 people want to read
About the author
Andrii Sedniev
14 books93 followers At the age of 19, Andrii obtained his CCIE (Certified Cisco Internetwork Expert) certification, the most respected certification in the IT world, and became the youngest person in Europe to hold it. At the age of 23, he joined an MBA program at one of the top 10 MBA schools in the USA as the youngest student in the program, and at the age of 25 he joined Cisco Systems' Head Office as a Product Manager responsible for managing a router which brought in $1 billion in revenue every year.
These and other experiences have taught Andrii that success in any endeavor doesn't as much depend on the amount of experience you have but rather on the processes that you are using. Having dedicated over 10 years to researching behavior of world's most successful people and testing a variety of different techniques, Andrii has uncovered principles that will help you to unleash your potential and fulfill your dreams in a very short period of time.
These and other experiences have taught Andrii that success in any endeavor doesn't as much depend on the amount of experience you have but rather on the processes that you are using. Having dedicated over 10 years to researching behavior of world's most successful people and testing a variety of different techniques, Andrii has uncovered principles that will help you to unleash your potential and fulfill your dreams in a very short period of time.
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Displaying 1 - 11 of 11 reviews
March 16, 2020
A quick read that provides great insight into what it takes to maximize your value and find personal/financial success. What I enjoyed about this book was how it was focused on the individual and provided strong points that anyone can relate to. So often books on topics like this consist of long lists of over explained bullet points saying: “to get rich, do this”. What I enjoyed about this book in particular was how it was an honest conversation with the reader. Finding wealth and purpose is not always an easy path but it was clear that Andrii believes in maximizing value by following your passions, skills or interests to drive motivation. Regardless where you may be in life (age, not knowing what you want to do, trying to figure out what you enjoy most) this is a short book that is packed with good information and great advice. The real life examples that are used throughout such as stories about others, psychology, scientific studies, etc. makes for an engaging read. The book changes over the last 40% as it becomes a bit more technical with a brief introduction on investments and what Andrii sees as the best things to invest your money in. So it’s somewhat divided into two halves but overall I found the book to have meaningful ideas that have the potential to help anyone.
May 10, 2019
Andrii Sedniev has compiled a lot of strong reference points that can help anyone become a millionaire. Some of the strategies include hard work and passion, but others can be based on passive income and making your current finances work better for you. There are concepts based on psychology, mathematics, and even history so that anyone can make smart decisions when it comes to taking risks in order to achieve higher returns. For those who have already failed at least once but still have the drive, they can find a more clear direction. I like how it doesn’t matter what your vocation is, you can still be a millionaire by increasing your value and decreasing your expenses. Andrii makes you a fly on the wall for conversations and interviews, so it makes reading it a little easier.
February 13, 2018
Within my Top books from investing
Another well written book from Andrii. He explains in a deep and understable way how you can become 'maybe not millionaire' but earning enough doing what you are really good at and how could you invest getting the most with the lowest risk.
Business factory ideas from Andrii can also help you to explore and find how could you get another source of income.
Pretty recommended
Another well written book from Andrii. He explains in a deep and understable way how you can become 'maybe not millionaire' but earning enough doing what you are really good at and how could you invest getting the most with the lowest risk.
Business factory ideas from Andrii can also help you to explore and find how could you get another source of income.
Pretty recommended
September 30, 2019
Great Common Sense Book!
This book was very important on helping me remember what’s really important and how to keep things simple and fun. Anyone who wants to become a better version of themselves with more resources to get things done that they want to do should read this book.
This book was very important on helping me remember what’s really important and how to keep things simple and fun. Anyone who wants to become a better version of themselves with more resources to get things done that they want to do should read this book.
September 4, 2018
Great reading
Useful words of advice for anybody. Repeats a few pages from his other books. But what i really like is the backing of reliable information to give to points on investing. Definitely worthwhile to read. His other books are just as entertaining as well.
Useful words of advice for anybody. Repeats a few pages from his other books. But what i really like is the backing of reliable information to give to points on investing. Definitely worthwhile to read. His other books are just as entertaining as well.
February 2, 2019
Great book. Great advice
Certainly a great book . Well written. Easy to read, enjoyable and full of good advices that made me reflexionate. The.
I think that the advices of Andrii must be taught to every body right now. I'll begin teaching it to my children and colleagues.
Certainly a great book . Well written. Easy to read, enjoyable and full of good advices that made me reflexionate. The.
I think that the advices of Andrii must be taught to every body right now. I'll begin teaching it to my children and colleagues.
May 28, 2020
Basic solid info on how to become a millionaire. Fool proof plan for productive people.
Great book. Get it before you start your first job EVER. No matter what age! I highly recommend this book.
Great book. Get it before you start your first job EVER. No matter what age! I highly recommend this book.
June 6, 2018
Easy read, great ideas
This was very easy to read and has some very basic but meaningful ideas that often get overlooked. I recommend this books to friends and family.
This was very easy to read and has some very basic but meaningful ideas that often get overlooked. I recommend this books to friends and family.
July 16, 2020
Great and light read!
Direct to the point on advises, methods, techniques and thinking. Thank for sharing Andrii.
Recommended, is a light an useful reading.
Direct to the point on advises, methods, techniques and thinking. Thank for sharing Andrii.
Recommended, is a light an useful reading.
January 4, 2021
Helpful one !
it is enjoyable.
Short..
Good examples.
Clear.
I recommend reading it.
Money is not a happiness!
it is enjoyable.
Short..
Good examples.
Clear.
I recommend reading it.
Money is not a happiness!
October 17, 2023
The Millionaire Factory system:
1. Increase income, reduce cost of living and invest the difference with the highest return on investment and lowest risk.
2. Do work that is on the intersection of passion, talent and a goal of creating value for people.
3. Set a long-term goal for at least the next decade.
4. Identify a golden task that will bring you the biggest value and get the maximum from a present moment.
5. A poor brain tries to find excuses why a problem can't be solved, and a rich brain is focused on how to solve a problem.
6. Invest in your own business, or in S&P 500 Index fund, and get at least 2% cash back from your credit card.
7. Reduce taxes and costs on investments.
8. Past performance doesn't predict future returns, market timing isn't possible, buy and hold passive investors earn the most.
1. Increase income, reduce cost of living and invest the difference with the highest return on investment and lowest risk.
2. Do work that is on the intersection of passion, talent and a goal of creating value for people.
3. Set a long-term goal for at least the next decade.
4. Identify a golden task that will bring you the biggest value and get the maximum from a present moment.
5. A poor brain tries to find excuses why a problem can't be solved, and a rich brain is focused on how to solve a problem.
6. Invest in your own business, or in S&P 500 Index fund, and get at least 2% cash back from your credit card.
7. Reduce taxes and costs on investments.
8. Past performance doesn't predict future returns, market timing isn't possible, buy and hold passive investors earn the most.
This entire review has been hidden because of spoilers.
Displaying 1 - 11 of 11 reviews