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The Instant Millionaire: A Tale of Wisdom and Wealth

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Title: The Instant Millionaire: A Tale of Wisdom and Wealth
by Mark Fisher
ISBN: 0-931432-72-3
Publisher: New World Library
Pub. Date: March, 1991
Format: Paperback
Volumes: 1
List Price(USD): $9.95
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Average Customer Rating: 4.58 (40 reviews)

Customer Reviews

Rating: 5
Summary: It's eerie how well this works
Comment: I first read this book five years ago. I was so impressed and excited by the book's principles that I urged several like-minded friends to buy the book, and I sat down and listed my goals and my plan to become a millionaire, more as a fun, silly exercise than anything else. (For fun, I bought myself and a good friend those fake but nice-looking million dollar bills, and we wrote ourselves checks for twenty-five million dollars!)

Five years later, it is positively CREEPY how those original goals are mysteriously coming true. I'm exactly where I'd told myself I would be -- I have a net worth of just over a quarter of a million dollars, and I'm on track to become a millionaire by age 30 -- which is just mind-blowing to me!

I recommend that you buy this book for the underlying principles, but also buy Robert Kiyosaki's Rich Dad, Poor Dad series. The Rich Dad books take the principles in the Instant Millionaire a step further and bridge the gap between what I call "the principles," which can seem kind of hocus-pocus if you don't understand why they work, and putting them into action.

A footnote...I had lost touch for a few years with one of the friends I'd urged to read this book (the one I gave the million-dollar bill to). We caught up with each other a few months ago (and have become close friends again), but I found out that she had never implemented the suggestions in the Instant Millionaire (I suppose they seemed too simplistic and too good to be true).

Sadly, she is still renting, still living paycheck-to-paycheck, and still in ever-mounting debt. She seemed impressed with my success (which I'm careful not to flaunt!) but seems to think it was all good luck, or specific career skills, or something. I hope I can convince her this time that she needs to READ AND APPLY THIS BOOK and she can experience the same mind-blowing success!!!

Rating: 5
Summary: Amazingly simple and readable
Comment: I picked up this book and read it all the way through in about 2 hours. I usually stop and think while I read, so it took me longer to read this than normal.

This is a very short and simple book. It's written in very easy to understand language. It's basically a story about a young man who meets a millionaire and learns the "secret" to being a millionaire. I hate to give away the punchline, but the title of the book "Instant Millionaire" simply means that when you decide to become a millionaire and write that down as a goal with a deadline, that act in and of itself will make you an instant millionaire because before you can achieve it, you must first believe that it is possible and then set that as a goal. Of course you have to take all that on faith.

In terms of self-help books, there's not a whole lot of new information in here. If you've read "Think and Grow Rich" and "The Richest Man in Babylon" you kind of get the same information. I do recommend this book because it's nice and short and easy to read. It made me think long and hard, and part way through my first reading, I found myself stopping and writing down some goals. Unfortunately, with many self-help books, we tend to just read them and do nothing after that. If you like this sort of book, I also recommend "The Science of Getting Rich" by Wallace D. Wattles.

I'm giving this book 5 stars simply because I really liked it. There's nothing really new under the sun, but I like when somebody comes along and says it differently. It's easy to read and reread. The style of the book being that of a story made it that much more interesting. After reading it through, I find myself wanting to read it again. I did pick up a couple of good pieces of information from this book as well, so it's not completely a rehash of other stuff.

Rating: 1
Summary: Waste of Time - Trite Message: "Believe in Yourself"
Comment: There's nothing in this book that isn't already in a bazillion other books. I listened to the audio book, and over 2 hours later, the only significant message to be peeled from the slow-moving, over-dramatized story was simply : set goals for yourself, and believe in your ability to achieve them. That's got to be the most common advice in every self-help, wealth-building, and children's book out there. Sure, it's good advice, but do we need yet another book to tell us that? There was absolutely no tangible, ready-to-apply financial advice in the book. In the end, the old millionaire simply gives the young, struggling, wealth-seeking man $25,000 to start his own endeavor. So it would seem that the way to become an "instant millionaire" is to simply ask an existing millionaire for money. If you really want to become a millionaire, don't expect this book to help.

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