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Robert G. Allen (author)
Encyclopedia
Robert G. Allen is a Canadian-American
businessman, financial writer, real estate investor
, and motivational speaker
.
Allen was raised as a member of the LDS Church and lived in Tahiti
as a missionary for two years. After graduating with an MBA from Brigham Young University
, in 1974, by his own account he began making small real estate investments and eventually became a self-made millionaire and amassed a multi-million dollar net worth in just a few years.
Allen is the author of several personal finance books including: Nothing Down, Creating Wealth, Multiple Streams of Income, as well as co-authoring bestsellers Cracking the Millionaire Code and The One Minute Millionaire: The Enlightened Way to Wealth, written with Mark Victor Hansen
, the author of the Chicken Soup for the Soul
franchise. Allen recently released a new book, which he co-authored with Mark Victor Hansen
titled Cash in a Flash:Fast Money in Slow Times. It is the sequel to The One Minute Millionaire: The Enlightened Way to Wealth.
Allen's bestselling book of 2000, Multiple Streams of Income, features the option trading system of Stephen Cooper.
, Good Morning America, Larry King Live and Your World with Neil Cavuto. Additionally, he has been featured in these national publications: The Wall Street Journal, Newsweek, Barron's, Money, Redbook, and Reader's Digest.
They aggressively market their products with practices that push the boundaries of what is legally allowed and questionably ethical.
Allen's companies, Multiple Stream, Enlightened Millionaire Institute, and Enlightened Wealth Institute, are also extremely aggressive telemarketers that often disregard Do Not Call laws and use automated telephone dialing systems to find prospective customers for their "get rich quick with little money" real estate seminars. Most of their telemarketing calls originate from Provo, Utah under the name of Multiple Stream and phone number (801) 852-8700 or (801) 852-8702.
Repeated complaints to the FCC and donotcall.gov by frustrated recipients of these telemarketing calls often go unprosecuted.
Robert G. Allen in the past gained some of his most influential testimonials recruiting and mentoring a large number of random volunteers for free and teaching them how to become rich quickly.
Of all the people he recruited, he only reported the ones who got the best results, ignoring those who failed miserably. Presenting the very best while ignoring the others created the impression that anyone could achieve top-notch results using his programs when, instead, most of the people that he personally mentored obtained only modest results.
Canadian-American
A Canadian American is someone who was born or someone who grew up in Canada then moved to the United States. The term is particularly apt when applied or self-applied to people with strong ties to Canada, such as those who have lived a significant portion of their lives in, or were educated in,...
businessman, financial writer, real estate investor
Real estate investor
A real estate investor or a real estate entrepreneur to a lesser extent is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. A passive investor might hire a firm to...
, and motivational speaker
Motivational speaker
A motivational speaker or inspirational speaker is a speaker who makes speeches intended to motivate or inspire an audience. In a business context, they are employed to communicate company strategy with clarity and help employees to see the future in a positive light and inspire workers to pull...
.
Allen was raised as a member of the LDS Church and lived in Tahiti
Tahiti
Tahiti is the largest island in the Windward group of French Polynesia, located in the archipelago of the Society Islands in the southern Pacific Ocean. It is the economic, cultural and political centre of French Polynesia. The island was formed from volcanic activity and is high and mountainous...
as a missionary for two years. After graduating with an MBA from Brigham Young University
Brigham Young University
Brigham Young University is a private university located in Provo, Utah. It is owned and operated by The Church of Jesus Christ of Latter-day Saints , and is the United States' largest religious university and third-largest private university.Approximately 98% of the university's 34,000 students...
, in 1974, by his own account he began making small real estate investments and eventually became a self-made millionaire and amassed a multi-million dollar net worth in just a few years.
Allen is the author of several personal finance books including: Nothing Down, Creating Wealth, Multiple Streams of Income, as well as co-authoring bestsellers Cracking the Millionaire Code and The One Minute Millionaire: The Enlightened Way to Wealth, written with Mark Victor Hansen
Mark Victor Hansen
Mark Victor Hansen is an American inspirational and motivational speaker, trainer and author. He is best known as the founder and co-creator of the "Chicken Soup for the Soul" book series....
, the author of the Chicken Soup for the Soul
Chicken Soup for the Soul
Chicken Soup for the Soul is a series of books, usually featuring a collection of short and dense inspirational stories and motivational essays. The 101 stories in the first book of the series were compiled by motivational speakers Jack Canfield and Mark Victor Hansen.There have been over 200 titles...
franchise. Allen recently released a new book, which he co-authored with Mark Victor Hansen
Mark Victor Hansen
Mark Victor Hansen is an American inspirational and motivational speaker, trainer and author. He is best known as the founder and co-creator of the "Chicken Soup for the Soul" book series....
titled Cash in a Flash:Fast Money in Slow Times. It is the sequel to The One Minute Millionaire: The Enlightened Way to Wealth.
Allen's bestselling book of 2000, Multiple Streams of Income, features the option trading system of Stephen Cooper.
Books
- The Road to Wealth (1987)
- Creating Wealth (1983)
- Nothing Down for the 2000s: Dynamic New Wealth Strategies in Real Estate (2004), ISBN 0743261550
- Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (2005)
- Multiple Streams of Internet Income: How Ordinary People Make Extraordinary Money Online (2006)
- Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth (2006)
- Nothing Down for Women: The Smart Woman's Quick-Start Guide to Real Estate Investing with Karen Bell (2007)
Books by Robert G. Allen and Mark Victor Hansen
- The One Minute Millionaire: The Enlightened Way to Wealth (2002)
- Cracking the Millionaire Code: Your Key to Enlightened Wealth(2005)
- Cash in a Flash: Fast Money in Slow Times (2009) Released in 2010 Paperback as Cash in a Flash: Fast Money in No Time
Business Ventures
Through his company, Enlightened Wealth Institute, Allen conducts a series of investment and personal development seminars. He has appeared on numerous television and radio shows including appearances with Regis PhilbinRegis Philbin
Regis Francis Xavier Philbin is an American media personality, actor and singer, known for hosting talk and game shows since the 1960s. Philbin is often called "the hardest working man in show business" and holds the Guinness World Record for the most time spent in front of a television camera...
, Good Morning America, Larry King Live and Your World with Neil Cavuto. Additionally, he has been featured in these national publications: The Wall Street Journal, Newsweek, Barron's, Money, Redbook, and Reader's Digest.
Companies reported as currently active
- Enlightened Millionaire Institute, LLC
- Multiple Streams of Income, Inc.
- Education Success Inc.
Controversies
Allen's companies have been reported more than 70 times to the site Ripoff Report to charge credit cards without having ordered anything making difficult contact them to cancel and refusing to cancelThey aggressively market their products with practices that push the boundaries of what is legally allowed and questionably ethical.
Allen's companies, Multiple Stream, Enlightened Millionaire Institute, and Enlightened Wealth Institute, are also extremely aggressive telemarketers that often disregard Do Not Call laws and use automated telephone dialing systems to find prospective customers for their "get rich quick with little money" real estate seminars. Most of their telemarketing calls originate from Provo, Utah under the name of Multiple Stream and phone number (801) 852-8700 or (801) 852-8702.
Repeated complaints to the FCC and donotcall.gov by frustrated recipients of these telemarketing calls often go unprosecuted.
Robert G. Allen in the past gained some of his most influential testimonials recruiting and mentoring a large number of random volunteers for free and teaching them how to become rich quickly.
Of all the people he recruited, he only reported the ones who got the best results, ignoring those who failed miserably. Presenting the very best while ignoring the others created the impression that anyone could achieve top-notch results using his programs when, instead, most of the people that he personally mentored obtained only modest results.