Eat millionaires for breakfast.

If there's one thing self-made millionaire Brad Sugars knows, it's that getting rich is a lot simpler than most people realize. In Billionaire in Training he puts you on the fast track to wealth creation through buying, building, and selling businesses-and doing it at a faster pace than you ever thought possible. Discover how to:

• Climb the 5 Levels of Entrepreneurs
• Buy promising businesses, increase their value, and sell them for top dollar
• Transform your innovative ideas into a successful business empire
• Set up businesses that run themselves and provide you with the capital to expand your investments

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Instant Advertising * Instant Cashflow * Instant Leads * Instant Profit * Instant Promotions * Instant Referrals * Instant Repeat Business * Instant Sales * Instant Systems * Instant Team Building * The Business Coach * The Real Estate Coach * Successful Franchising

This is a strange book. It is poorly written and laid out which makes it hard to read but the content covers a wide range of topics in an engaging way. There is an optimistic tone throughout that makes it enjoyable in an irritating way.

The best part of the book is the identification of five levels of entrepreneur. Starting with level 0 -employee, then Level 1 - self employed, level 2 - manager, level 3 - owner/leader, level 4 - investor and progressing to level 5 - entrepreneur. There is a clear distinction between each level in terms of the activities, the relationship with money and the most likely motivators. It explained why I like being a `one man band' consultant so much and why I don't get rich doing what I do. The subsequent sections unfortunately failed to motivate me to progress.

The book covers a lot of ground. Anyone wanting to put into practice the ideas it contains will need to read more extensively on the topics introduced as they progress through the levels of entrepreneurship to wherever they decide to stop.

There are occasional gems that are breathtakingly beautiful and clear. My favourites were `you get the staff you deserve', `it's like motivating idiots; you get them to make more mistakes faster' and `sell the dream, and then work like heck to make it a reality'. I can vouch the truth of those!

There are also some editorial howlers. A personal delight was the confusion of illicit with elicit.

The section on changing your mindset is possibly the best part of the book. More detail on the process of idealization, visualisation, verbalisation and materialisation would have been very welcome. This is obviously an area the author excels at.

The editing is too hatchet happy: Sections on going public are far too short. There is only one paragraph on boards which advises entrepreneurs to put impressive well known business personalities on their boards. There is no advice on how to find, approach, motivate or reward these people or on how to select ones that make sense for the business at each stage of its evolution.

This is a great book for the young and starry eyed as it gives a lot of hard truths about how businesses work and fail, without getting bogged down in detail. The author knows his stuff and I was impressed by his passion for the topic. I just wish it had been better edited and allowed more depth to all the insights.


* Julie Garland McLellan is a governance and board consultant. She is a professional non-executive director and an AICD NSW Councillor. She is the author of "All Above Board: Great Governance for the Government Sector" and a mentor to aspiring and practicing company directors.

Bradley's business books are some of the most pragmatic. But don't get the idea that growing a business or, worse yet, turning one around, is an easy proposition. There are a lot of variables. Some are in your control. Some are not. Witness the US's current economic crisis and plans to increases taxes on small business. You can read another one of Bradley's books to learn that cash is king: cash flow, profit for cash reserves, etc. If you can't muster enough cash, then you won't have money for new systems or equipment. You won't have money to be owner-absentee. Owners working in the business instead of on it is one of the biggest reasons that businesses don't grow. Are these owners lazy or stupid? No. But they now know that not everything is within their knowledge or control. And they know that a business is nowhere close to a guarantee of billionaire status.

Have not had time to start reading it yet, so any review at this stage would be made up! There,.... my good deed of the day is done. Now, leave me alone! :)

This book obviously caught my attention because of the title. The author of the book has many great strategies for individuals in business; strategies that will help aspiring entrepreneurs climb to the top financially. It was also interesting to learn that there are five levels of entrepreneurs I always thought entrepreneur defined anyone owning their own business. Brad waste no time distinguishing between all 5 levels and the impact each level has on the way you think about business and finances is astronomical. I am a new start up company and I am glad I read this book before opening the doors to my new business. I will have an advantage over many who have not read this book and those who are unaware of these concepts.

Recently heard Brad Sugars do a workshop on wealth creation. Having read the book several times already the workshop, his 'billionaire in training' global series really cemented many of the concepts for me. For example what type of business to buy first (a franchise vs. starting something from scratch), the math on how much you can take out of a profitbable business to invest in real estate and other investments, and on and on. Simple,\ and straight forward making it very possible for just about anyone to execute. Some had said that it's so basic that you can find the information anywhere. Then why aren't they all wealthy?