Description
YES, YOU CAN START WITH NOTHING AND FINISH WITH EVERYTHING—THIS BOOK WILL SHOW YOU HOW.
Unlock the Shrewd Power of OPM: Command Millions in Capital, Acquire Cash-Flowing Businesses, and Build a Private Empire—Without Using a Single Penny of Your Own Cash.
Conrad Hilton didn’t build a global hotel empire by hoarding a paycheck; he started with a single small hotel and a masterful grasp of credit. Walt Disney didn’t create an entertainment dynasty with pocket change; he famously borrowed against his own life insurance policy to bring his vision to life. J. Paul Getty, once the wealthiest man in the world, lived by a simple, unyielding rule: The richest men don’t use their own money—they use Other People’s Money (OPM).
These icons of industry knew a truth that the average person is never taught: Hard work alone will rarely make you wealthy, but leverage will.
You can do the same. You only need the shrewdness to apply the methods laid out in this contemporary guide.
In this updated edition of Tyler G. Hicks’s legendary work, you are handed the keys to the vault. Whether you are a Beginning Wealth Builder looking for your first $5,000 line of credit or an experienced operator seeking a $5,000,000 acquisition loan, this is your step-by-step roadmap to financial sovereignty.
This book is your field manual for the most powerful wealth-building tool ever devised: the strategic use of borrowed capital. Most people are taught to fear borrowing; the Beginning Wealth Builder (BWB) is taught to master it. You will learn how to move from “paying interest” to “collecting profits” by positioning yourself as a professional borrower who knows exactly where the money is hidden and how to trigger the release of those funds.
Tyler G. Hicks understood borrowing as both an art and a discipline, and in this book he lays out the principles, methods, and tactics that can help a determined reader move ahead fast. Inside, you will discover:
- The MIF Principle: Ensure every deal puts liquid cash in your pocket on day one.
- The 70% Edge: Move beyond retail banks and tap into Asset-Based Lending.
- The Rule of 78: Master the mathematics of finance to maximize your interest rebates and minimize your costs.
- The Modern SBA Vault: Navigate the latest definitions for government-backed loans to secure long-term, low-interest capital.
- Credit Laddering: Use the precise “seasoning” method to turn a tiny loan into a million-dollar line of credit in record time.
- The “No-Purpose” Loan: How to secure unrestricted cash that gives you the freedom to move on a deal the moment it appears.
- Ready Reserve Mastery: Use instant digital lines of credit to fund your business activities regardless of where the bank is physically located.
As if that weren’t enough, you’ll learn all about:
- How to use OPM to build wealth faster
- Ways to borrow for business, real estate, and expansion
- How personal loans can become starting capital
- How business loans can fuel serious growth
- The power of compensating balance loans
- How to use collateral properly
- The logic of loan pyramiding
- Ways to locate real sources of capital
- How to approach lenders with confidence
- How to turn credit into opportunity
- How to use leverage to control larger assets
- How stock and bond financing can raise capital
- How state, local, and federal programs can help fund growth
The world is overflowing with capital, and the banks are waiting to give it to anyone who speaks the language of leverage.
The blueprint is in your hands. The capital is waiting. Move forward boldly!
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