{"id":1131,"date":"2012-04-22T00:54:14","date_gmt":"2012-04-22T04:54:14","guid":{"rendered":"https:\/\/matthewchan.com\/?p=1131"},"modified":"2023-05-10T05:07:00","modified_gmt":"2023-05-10T09:07:00","slug":"about-com-book-review-the-intrepid-way","status":"publish","type":"post","link":"https:\/\/matthewchan.com\/?p=1131","title":{"rendered":"About.com’s Book Review: The Intrepid Way"},"content":{"rendered":"
Read the review by About.com<\/a><\/strong> of The Intrepid Way<\/strong><\/a>. (4 out of 5 stars)<\/div>\n
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\"\"In “The Intrepid Way”, author Matthew Chan bypasses the motivational cheerleading of many other multiple income stream books and delivers a practical step-by-step method to create personal financial freedom and time freedom through the creation of passive income streams. His coverage of financial principles, work principles, the entrepreneurial mindset, and the importance of personal and professional support networks gives this book a depth not often found in others of the genre.<\/div>\n

Modest expectations and attitude make philosophy and methods approachable<\/strong><\/p>\n

In sharp contrast to many other multiple income stream wizards, Chan is remarkably modest, both in his own attitude and in the expectations he sets for the reader.In his intro, he tells the story of how he finally got motivated to write the book based on conversations with two friends envious of his lifestyle:“In both cases, they knew I was not rich, nor was I living high on the hog. I simply lived a fairly middle-class life from a material point of view. Yet, from a lifestyle point of view, I was going to different places meeting different people working on interesting projects spending time on things that matter to me working largely on my own timetable. I had the monetary freedom and time freedom to do so.”<\/em>Compared to the dreams of overnight riches offered by so many, this seems attainable to the average reader.Chan also makes the important distinction that this is not all about wealth:“There is no personal freedom if you have no time freedom. You also do not have personal freedom if you do not have some degree of monetary freedom. You must have both.”<\/em><\/p>\n

Many people mistakenly assume that if they have money, they’ll have time, but this is simply not the case. Chan’s approach emphasizes a balanced approach for a balanced life.<\/p>\n<\/div>\n

Solid business principles lay essential foundations<\/strong><\/p>\n

Rather than shying away from some of the more technical topics, Chan tackles them with a combination of visual aids, example stories, and metaphors to suit anyone’s learning style and level. His concept of income blocks and income layers, while basically a new face on some old ideas, is an extremely effective tool for communicating the concepts to a mainstream audience. He also explains the basics of (and some of the misconceptions about) cash flow, credit cards, income models, and more, in language easily understood by people who’ve never attended business school.I was also particularly impressed by Chan’s emphasis on personal support networks and business networks, devoting a full chapter to each. As host of the MasterMind Forums<\/a>, the largest business mastermind community on the Web, Matthew certainly knows the value of both. The book is particularly effective in pointing out the types of personal support relationships most people have at their disposal that they might never think of.<\/div>\n

Great first book on multiple income, good light read for “those in the know”<\/strong><\/p>\n

The most critical thing I can say about the book is that it’s not terribly original. The concepts in the book have, in bits and pieces, been introduced by many others before now. However, Intrepid Way<\/em>pulls together the information in the most straightforward, least hyped manner I have seen so far. I would highly recommend it as an excellent first book for those interested in creating passive income for themselves.For those already experienced in multiple income streams, though, it may offer little new to you. It’s a good light read, and worth it just to hear reminders of some important concepts from a new perspective. However, there’s not enough here to really use it as a reference book (that’s not what it’s intended to be, I don’t think), and the lack of an Index would make it difficult to do so, anyway.I give the book four stars, but Matthew Chan five. Whether you buy the book or not, if you’re interested in the topic, I encourage you to hook up with Matthew in the MasterMind Forums and on Ryze. He’s definitely someone you want in your network.Scott Allen
\nFormer About.com Guide<\/div>\n","protected":false},"excerpt":{"rendered":"

Read the review by About.com of The Intrepid Way. (4 out of 5 stars) ===== In “The Intrepid Way”, author Matthew Chan bypasses the motivational cheerleading of many other multiple income stream books and delivers a practical step-by-step method to create personal financial freedom and time freedom through the creation of passive income streams. His […]<\/p>\n","protected":false},"author":1,"featured_media":1112,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11,5],"tags":[],"class_list":["post-1131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-the-intrepid-way-series","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/matthewchan.com\/wp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg","jetpack_shortlink":"https:\/\/wp.me\/p927L-if","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":1149,"url":"https:\/\/matthewchan.com\/?p=1149","url_meta":{"origin":1131,"position":0},"title":"Advanced Reader Comments: The Intrepid Way","author":"Matthew Chan","date":"April 22, 2012","format":false,"excerpt":"Read the Advanced Reader Comments of The Intrepid Way before it was published. ===== Knowing and working with Matthew has been a true inspiration that has changed my life. He has been the fuel that has sustained my entrepreneurial flame for the last few years now. He opened up my\u2026","rel":"","context":"In "The Intrepid Way Series"","block_context":{"text":"The Intrepid Way Series","link":"https:\/\/matthewchan.com\/?cat=5"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75,"url":"https:\/\/matthewchan.com\/?p=75","url_meta":{"origin":1131,"position":1},"title":"Kirkus Discoveries reviews “The Intrepid Way”","author":"Matthew Chan","date":"January 19, 2007","format":false,"excerpt":"Kirkus Discoveries recently reviewed my book \"The Intrepid Way\".\u00a0 I would say the review was mostly fair.\u00a0 However, I would say that including details was not part of the agenda of this book.\u00a0 There is no way any one book could contain all the details of everything I was explaining.\u00a0\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"The Intrepid Way","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1146,"url":"https:\/\/matthewchan.com\/?p=1146","url_meta":{"origin":1131,"position":2},"title":"Dr. Van K. Tharp Reader Testimonial: The Intrepid Way","author":"Matthew Chan","date":"April 22, 2012","format":false,"excerpt":"Read Dr. Van K. Tharp's (of the Van Tharp Institute) reader testimonial of The Intrepid Way. ===== If you want to be personally and financially free, \"The Intrepid Way\" is the book to read. Matthew Chan shows you exactly what he did in his exciting journey toward financial freedom. You'll\u2026","rel":"","context":"In "The Intrepid Way Series"","block_context":{"text":"The Intrepid Way Series","link":"https:\/\/matthewchan.com\/?cat=5"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/matthewchan.commastersitewp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":72,"url":"https:\/\/matthewchan.com\/?p=72","url_meta":{"origin":1131,"position":3},"title":"ForeWord Clarion Gives “The Intrepid Way” a 4-Star Review!","author":"Matthew Chan","date":"January 11, 2007","format":false,"excerpt":"ForeWord Clarion of ForeWord Magazine fame has granted us permission to reprint their recent review of my book, \"The Intrepid Way - 2006 Revised Edition\".\u00a0 They have given the book 4-stars out of a possible 5-star rating.\u00a0 I was pleasantly surprised at their positive review given their normally stringent standards\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"The Intrepid Way","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":42,"url":"https:\/\/matthewchan.com\/?p=42","url_meta":{"origin":1131,"position":4},"title":"Bettie Corbin Tucker’s Book Review of “The Intrepid Way”","author":"Matthew Chan","date":"October 10, 2006","format":false,"excerpt":"This well-written book review was based on the 2004 Edition of \"The Intrepid Way\".\u00a0 That book has since been updated to the 2006 Revised Edition.\u00a0 Needless to say, I was extremely flattered by this review below. As a person with an entrepreneurial spirit and, sometimes, unconventional wisdom, I was not\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"The Intrepid Way","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1127,"url":"https:\/\/matthewchan.com\/?p=1127","url_meta":{"origin":1131,"position":5},"title":"Kirkus Reviews: The Intrepid Way","author":"Matthew Chan","date":"April 22, 2012","format":false,"excerpt":"Read the review by Kirkus Reviews\u2019 of The Intrepid Way. ===== An entrepreneur shares his formula for success. Chan (TurnKey Investing with Lease-Options, 2004, etc.), once an in-demand technology consultant, found his career path too limiting\u2013like most professionals, his income was dependent upon how long and how hard he worked.\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/matthewchan.commastersitewp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"builder_content":"","_links":{"self":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/1131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1131"}],"version-history":[{"count":1,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/1131\/revisions"}],"predecessor-version":[{"id":2149,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/1131\/revisions\/2149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/media\/1112"}],"wp:attachment":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}