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The Millionaire Dropout Book Vince Stanzione | The Millionaire Dropout

This Book Isn’t About Me, it’s About YOU

by on February 19, 2013 in About the Book

This Book Isn’t About Me, it’s About YOU
The Millionaire Dropout Book
 

So you’re thinking, ‘Why should I buy this book?’, then let me tell you. I can help YOU have an amazing life. I haven’t written this book to impress you, but to impress upon you what a non-academic, near bankrupt, occasionally homeless social dropout can achieve in a relatively short period of time.

I haven’t written this book to make money. I’m already a multi-millionaire, and have been for many years.

This is a school of hard knocks ‘how to’ manual, and there is no exam or fancy degree at the end. But if you follow my advice and take action, you can live a lifestyle others only dream about. You can join the new rich – and I don’t mean only rich in money. I mean rich in time and fulfilment.

But let’s go back a few years … I didn’t come from a privileged or well-educated background. My father came to the United Kingdom from a small, poor town in South Italy. He was escaping the mafia, and had nothing but a battered case and a few shillings. He couldn’t speak a word of English.

By working as a hairdresser by day and a waiter by night (I know … all Italians are hairdressers or waiters!) he made enough to start his own hairdressing salon and built up a successful chain.ZXSpectrum48k

He then retired and dropped dead a few years later, at the relatively young age of 55. I had no interest in joining the family business, but I did share the family ethos of hard work.

At the age of twelve, I was doing payroll for the hair salons, washing hair and cleaning. However, I knew I wanted a business of my own.

I set up my first mail-order business at that age, selling computer games stored on tapes. Remember the Commodore 64 and ZX Spectrum?

 

I was the fairly quiet kid who never fitted in. We moved around a lot, so I was always the new kid at school. I was badly bullied for years, and teased for being overweight and having the wrong accent.

I had about every illness you could think of – including serious asthma, eczema so bad that I struggled to hold a pen and sight problems that meant I couldn’t see the board at school.

The only thing I liked about school was selling stuff to other kids (and a few teachers too).

At sixteen, I landed my first job – as a junior in a Foreign Exchange Dealing Room. This paid £100 ($150) a week, and was an awful job.

I was treated like dirt by the dealers (many of whom took drugs and smoked sixty cigarettes a day), but because I didn’t want to become a hairdresser I stuck it out. I learned how to trade financial markets and read everything I could at the local library.

I ate the dealer’s leftovers in the staff canteen, and owned one cheap Marks & Spencer grey polyester suit that stank of smoke.

Within six months I was promoted, and within two years I was dealing multi-million dollar positions. I then moved into equities, and traded for others and myself.

Life was good. I was living the Thatcher dream – or so I thought. Then the 1987 crash wiped me out and I lost everything. In fact, more than everything. I was ready to be declared bankrupt by my ex-employer, who wanted to claw back commission. Luckily, the judge felt sorry for me and threw the case out on the grounds I had no money to pay.

I then worked various commission-only jobs to get a bit of income. I started my own business selling car phones, and then mobile phones.

Working from a studio apartment, I built that business up from one newspaper advert, merged it with another dealership, and sold my share for a substantial sum a few years later.

The truth is, it was worth a lot more than I sold it for, but considering I was only twenty one and had nearly been declared bankrupt not so long ago, it felt like an amazing sum of money.

I bought my first Rolex watch, which I still own today – not to be flash, but because I knew if I was ever hard up and needed to start again, I could pawn it. Fortunately, I never had to.

So what can you learn from a millionaire dropout? I don’t claim to have all the answers. I don’t claim that every business or every investment I made has been successful. However, I do know that if I share my secrets, YOU will be successful and avoid many of my mistakes.

Along my journey, from selling computer games on tape, to washing hair, to dealing currencies, to standing in bankruptcy court, to sleeping in a Ford van, to being forced to use a credit card to pay the staff, to escaping from the Russian mafia (trust me, you can’t make this up!), to floating a business on the London Stock Exchange, to making millions in sales, I have picked up a few tips and secrets. If I can pass on just a few of those to you, I am certain you’ll cover the cost of this book many times over.

Do you want to come on a journey with me?

I sincerely hope so.

Vince Stanzione

The Millionaire Dropout

 

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