About the author:
In Homeless to $100 Million, his tenth book, Ron Sturgeon, Automotive Recycling Association’s 2016 Lifetime Achievement Award winner who recently appeared on CNBC’s Blue Collar Millionaire, shares his wealth-building tips. He focuses on how to build wealth, not income. When his father died, Ron used his $2,000 inheritance to begin buying, fixing, and selling used cars while still in high school. From a humble beginning that even included a stint of homelessness, Ron built one of the most successful auto-salvage yards in the United States and sold it to Ford. A few years later, he and several partners purchased Ford’s salvage division. It had 28 locations in 18 states, 1,000 employees, $130 million in sales, and was losing a million dollars per month. He and his partners turned it around and resold it to a publicly traded company in 2005. He founded and built a number of other businesses, including an auto auction that he also sold to a NASDAQ-listed company. His true passion is for small business. His previous books were about the nuts and bolts of success as an entrepreneur and covered such topics as finance, marketing, metrics, and leadership. In this book, Ron focuses here on how to accumulate substantial wealth. Drawing on his experiences, he lays out the specific steps anyone who wishes to build a fortune should follow.
Today he is a landlord with more than 1,300 commercial tenants among which are 9 auto recycling facilities. He is also founder and owner of a chain of salons with more than 300 stylist suites rented to self-employed beauty professionals. He is in demand as a consultant to business owners. His hobbies include collecting exotic cars and traveling the world with his soul mate, Linda Allen. He is still innovating with a low aversion to risk and recently completed the first office-warehouse business park in the U.S. built from more than 100 shipping containers.