The Millionaire Mind by Thomas J. StanleyThe Barnes & Noble Review
Who is the average millionaire? Does he eat gourmet or fast food? Does he drive fancy cars, take chic vacations, and indulge wherever and whenever he can? Or does he resole his shoes, turn off the air conditioning when he leaves the house, and spend a lot of time at home with close friends and family? Through his surveys of over 1,000 millionaires, Thomas J. Stanley, Ph.D., answers these questions and provides us with further insight into the thoughts and lives of this wealthy segment of the population in The Millionaire Mind.
A follow-up to Stanleys New York Times bestseller, The Millionaire Next Door, The Millionaire Mind may surprise readers with its findings about the kinds of people that millionaires really are. Interestingly, many millionaires were not straight-A students in high school, nor did they attend prestigious colleges. Instead, they were often told when they were younger that they were not bright and that they would not be successful. These challenges taught them how to surmount obstacles and motivated them to try harder and to take risks to get ahead financially.
The major risks that these millionaires have taken and continue to take are financial ones. They must overcome the fear of taking risks, and they must maintain this courage throughout their adult careers. Stanley discovered that many millionaires share similarities in techniques to allay their anxieties and stay on track financially. Some of these include:Believing in myself Counting my blessings every day Countering negativethoughtswith positive ones Sharing concerns with spouse Visualizing success Outworking, outthinking, out-toughing the competition Hiring talented advisors Constantly upgrading my knowledge about my occupation Spending considerable time planning my success Exercising regularly Having strong religious faith
Stanley also reveals that millionaires are very often successful in marriage as well as in work (the typical millionaire has been married to the same spouse for over twenty-five years) and that they usually lead relatively frugal, economically productive lifestyles. Perhaps most interesting to readers will be the section that Stanley devotes to how millionaires chose the career in which they would be most likely to succeed.
So dont miss out on picking apart and analyzing the thoughts and habits of millionaires with Thomas Stanley and The Millionaire Mind, a book sure to be as brilliantly revealing and fascinating as his previous bestseller on millionaires.
Thomas J. Stanley, Ph.D., is a researcher, author, and lecturer. He has studied the wealthy for more than 25 years. The Millionaire Next Door, published in 1996, has sold more than one million copies in hardcover and nearly one million in paperback. The book has been on The New York Times Best Sellers list for more than 150 combined weeks.
His previous books include Marketing to the Affluent, which Best of Business Quarterly named one of 10 outstanding business books, Selling to the Affluent, and Networking with the Affluent.
Dr. Stanley lives in Atlanta. He was a professor of marketing at Georgia State University, where he was named Omicron Delta Kappa Outstanding Professor. He holds his doctorate from the University of Georgia in Athens.
How Rich People Think - Secrets Of A Millionaire Mind
6 Millionaire Traits That You Can Adopt
Richard Branson. Aside from the size of their bank accounts , billionaires possess a unique series of traits that most people don't exhibit. Maybe some attributes they were born with, but most of these traits don't come naturally; they are skills that these billionaires honed and habits that they nurtured on their road to riches. Because these traits aren't inherent, anyone can work on acquiring these attributes and applying them in their lives to see greater success and wealth. Start developing some of them on your own and you might be well on your way to striking it rich.
Some people work hard their whole lives, scrimping and saving, in the hope of attaining millionaire status by retirement. What is the secret to success for those who cross the millionaire threshold before they enter middle age? Read on for the 8 common traits of millionaires under 30 and how you can develop them for yourself. Those who make it big early on have a sense of urgency. They simply cannot be held back from acting on their ideas and passions now. And then they go after that vision with gusto. No one becomes a young millionaire by allowing complacency to take hold.
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Back in , Forbes Magazine reported that all over the world there are a total of billionaires, and according to Capegemini, a financial consultancy firm, in there are about 10 million millionaires. If prima ballerinas have the characteristics of grace, flexibility and poise, and if football athletes train to be resilient and strong, millionaires also share certain character traits that groom them to become the financial successes that they are today. The first thing I did was commit to my success and playing to win. I swore I would focus and not even consider leaving this business until I was a millionaire or more. Many motivational speakers and millionaires are preaching about the importance of finding your passion and committing to it until you reach success.