Creating Wealth With Small Businesses: How to Become Rich Buying Small Businesses With Little or No Capital

Rating:
Summary: Amateurish
Review: The only upside to this book is that it is brief and one can zip quickly through the whole process of finding, evaluating, and financing a purchase. However, don't let the title fool you (like it did with me): "How to become rich buying small businesses with little or no capital." There's only 1 small chapter on techniques for purchasing a business with little or no capital (~4 ideas, 2 of which are obvious, the other 2 being rare circumstances). In fact, it says that you should never (or can't) buy a business without your own money invested - so it's contrary to its title. It also does not really discuss "how to become rich", e.g., any kind of acquisition strategy that over time will build wealth (other than the obvious... buy a business, keep it profitable, and duh, you'll make money).

Overall, the ideas were so amateurish that it's obvious that the author is just trying to capitalize on a couple of experiences he's had and turn it into a book. Furthermore, it's riddled with typos that after a while become extremely annoying. E.g., he can't seem to get the word "your" right - it's always "you". And as I finished the book, I turned to the glossary, and his definition of Comparable Transaction Analysis is "A market-based valuation methodology in which the sale." (he doesn't complete the definition). Just examples of the unacceptable editing.