A Book About Getting Rich Quick That Will Probably Make You Poor (or Worse)

Rule #1: Be Suspicious When “Famous” Authors Don’t Exist

Here’s a pro tip: if someone claims they’re famous for something, you should probably be able to find them on the internet. I tried looking up Royal Stevens and found… basically nothing. Just a few Amazon book listings. That’s it.

I almost stopped reading right there, but hey, let’s not fall into the ad hominem fallacy (attacking the person instead of their ideas). Maybe there’s some good stuff in here, right?

Spoiler Alert: There Wasn’t

I pushed through and finished the book. What did I find? A collection of “creative” ways to buy a business with no money. These range from:

• The somewhat rational stuff:

  • Deferred earnings (aka getting the seller to finance your purchase)
  • Basic seller financing deals

• The “holy crap, this is terrible” stuff:

  • Running what amounts to a Ponzi scheme with multiple bank credit lines
  • Strong-arming vendors into cosigning your business loans (yikes)
  • “Renting” other people’s financial statements to boost the appearance of your collateral

Suddenly Everything Makes Sense

Now I understand why I couldn’t find this author anywhere online. I’m betting on one of three scenarios:

• He’s a pathological liar and made everything up
• His “creative” methods caught up with him and he’s bankrupt
• He’s sitting in prison for fraud

The Final Verdict

I award this book zero points, and may God have mercy on this author’s soul.

_Want to actually buy a business? Try legitimate methods like bank loans, finding investors, or saving up money. You know, the boring stuff that keeps you out of jail.