According to USA Today, “Only 13% of Americans with at least $1 million of investable assets feel wealthy… The fear of running out of money in retirement and their reliance on their own savings – rather than Social Security and employer-funded pensions during their golden years – make it harder for even well-positioned Americans to feel financially wealthy…”
These are people who have accomplished what 97% of Americans have not – they have successfully accumulated at least $1 million dollars. Yet, building wealth is more than just accumulating, it also includes keeping that wealth, for lifetime financial security and for a lasting legacy.
The challenges to building and keeping wealth are myriad and formidable. Often cited as the biggest challenge is taxes. The most successful have historically shouldered the bulk of the tax burden. According to the Tax Foundation, in 1980, the top 10% of income earners in the U.S. paid 49% of all taxes. In the latest data, the percentage of taxes paid by top income earners has skyrocketed to 69%, an increase of over 40%!
However, there are also numerous strategies to preserve, protect, and pass on wealth. In this book, readers will hear from the original Shark on ABC TV’s Shark Tank, Kevin Harrington, international business growth coach, Scott Keffer, and 29 other leading authorities who share sound strategies, practical tips, and real-world stories on how to Build Wealth Like A Shark. The co-authors were carefully selected by Harrington and Keffer.
Readers will discover the biggest financial and tax obstacles to build and keep wealth; the principle of “true wealth”; the seven major financial blind spots; how to avoid one of the worst retirement-income strategies; the three reasons never to invest in real estate; and how to avoid financial divorce disasters, among others.
Besides gaining fame on Shark Tank, Kevin Harrington is the creator of the As Seen on TV brand, a co-founding board member of the Entrepreneur’s Organization. His behind-the-scenes work in business ventures has produced well over $5 billion in global sales, the launch of more than 500 products, and the making dozens of millionaires. Twenty of his companies have each topped $100 million in revenue.
Scott Keffer, CEO of Scott Keffer International, is an international business growth coach, best-selling author, and keynote speaker. As an authority on business growth and marketing, Keffer has been interviewed on radio and TV and has spoken at most major financial industry conferences. Keffer, known as The Million Dollar Mentor, has been called an “industry transformer” for his innovative systems and processes. Through his speaking engagements, training, and coaching, Keffer has trained tens of thousands of financial planners, investment advisors, and wealth managers from across the U.S., Canada, and Australia.
“Our desire was to create one place where business owners, executives, professionals, and others could easily access sound wealth-building insights, strategies, and tips from a diversity of industry authorities. I’ve always profited for the ‘One Solid Idea’ philosophy: All I need from a book, training, or coach is One Solid Idea,” said Keffer.
