Tuesday, July 26, 2005

Reallionaire...A real hustler

Peace,
This review is from playahata.com

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Reallionaire: Nine Steps to Becoming Rich from the Inside Out

Category: Biography, Motivational

Author: Farrah Gray, With Fran Harris

Publisher: Health Communications, Incorporated

ISBN: 0757302246

Length: 282 pages

Release Date: January 2005


Synopsis: A remarkable teenager who went from public assistance to a million dollar net worth shares his story and offers 9 key principles to success. Farrah Gray is no ordinary teenager. He wears a suit and tie; he has an office on Wall Street and another one in Los Angeles . . . and he sold his first business at the age of 14 for more than a million dollars. He invested that money in a partnership with Inner City Broadcasting, one of the most prominent African-American owned businesses in the country, and now is heading the re-launch of their signature magazine, InnerCity. According to People magazine, Farrah is the only African-American teenager to rise from public assistance to a business mogul without being in entertainment or having a family connection. Reallionaire tells Farrah's extraordinary and touching story. When he was just six, Farrah's mother became seriously ill, prompting his decision to provide for this family, and he spent the first $50 he ever made taking them for a real sit-down dinner. At the age of eight, he founded his first business club. By fourteen, with a million dollars in his pocket, Farrah was well on his way to business success. Each stage of Farrah's progress is marked by one of the principles of success he learned along the way, creating not just an extraordinary story but also a step-by-step primer for others to create success in their own lives with honor; charity and compassion. In the tradition of great motivators and leaders, this is both an instructional book and a story to inspire others to live life to the fullest. And readers don't have to be interested in business to enjoy it. In fact, Farrah is a role model for everyone-just think of him as a Les Brown for the 21st century.

Bruce Banner Says: Overall: B+

It’s funny that every time you turn around you hear brothers talking about “I’m a Hustler, I‘m Hustling, I‘m grinding, I am on my grind,” and all these adjectives about how entrepreneurial they are. It seems that they are yelling about their ability to do many things to get money legal or illegal on the radio and in everyday conversation but those really hustling and doing it legitimately are often ignored in the same communities.

I find such is the case with Farrah Gray, who became a millionaire at just 14 years old. He started hustling at age 6 after his mother became ill. The young venture capitalist is now seasoned at 20-years-old. Farrah's hustles or business ventures range from 1-Stop Mail Boxes & More, pre-paid phone cards 4 kids, Farr-Out Foods, the Teenscope interactive teen talk show, a comedy show on the Las Vegas Strip, the NE2W Fund to support young entrepreneurs, and InnerCity magazine, a joint venture with Inner City Broadcasting, Inc. The kid has his hand in everything. People from all walks of life can and should know about him. He was just an average kid from very humble beginnings and I think all can relate to him. This book is the perfect graduation present for a child graduating high school.

He can teach a lot of people about business and his business acumen is right up there with the richest people and even surpasses many of them, particularly celebrity entertainers. He actually understands how to make money in most any field. He doesn’t have celebrity status, he doesn’t dunk or sing. Entertainers and athletes have the luxury of being able to leverage their celebrity and celebrity status through PR firms to get endorsement money for games, commercial products, movies, etc but that is not really "hustling”.

He might have always had a little something extra as business woman Wendy Day of Rap Coalition says, “Most Kids his age are like, ‘Let's go to the mall.' Farrah is like let’s build a mall.” What he has done its worthy of praise and according to People magazine, Farrah is the only African-American teenager to rise from public assistance to a business mogul without being in entertainment or having a family connection of wealth.” That’s a double edged sword because while it shows how much he has accomplished it shows a contrast of how the African American community in general waste the majority of their genius dealing with entertainment activity.

On the other hand Farrah realized early on that his chances at success were much better if he chose a path outside of entertainment. He stopped watching a lot of TV and began watching the people around him and reading books. He had lots of support from his mother and his father who although he didn’t live with them was part of his life.

Farrah is a role model. He has seemingly handled his success well and hasn’t become supped up although he would have reason to after rubbing elbows with President Clinton, Michael Milken, H. Wayne Huizenga, Illinois Governor Rod R. Blagojevich, Chicago Mayor Richard M. Daley, and many other business and political leaders. But this kid is real inside and out in fact the title of his Book Reallionaire is a word he coined which means Rich In spirit and in financial terms.

The spiritual component that he incorporates into his book makes it a joy to read and you can appreciate what he has done because the balance is so obvious. Farrah uniquely presents his book as a motivational resource and an instructional book with 9 Philosophical Chapters on business

His story will definitely inspire other kids and parents despite whether or not they enjoy business. It’s written in a very simple and easy to read format. If you are not already filthy rich, then you will likely find this to be a good, light read but don't expect to be a millionaire because you read it, or more importantly, if you are working for somebody else.

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