That's not really a fair assessment. He doesn't advertise it as some scammy "Make money on a startup!" like those work from home pyramid schemes. The book is largely designed for people already invested in the idea of starting a startup or possibly already progressing on one, and he advertises it as such. It's a guide of good ideas and bad ideas, not how to make as much money as possible as easily as possible.
And no, I've literally never met Mike and have zero connection to him other than I bought his book and sent him an email asking a question about it once.