The Review of Barnes & Noble
Who makes up the typical millionaire? Does he consume quick food or fine dining? Does he travel in style, drive expensive automobiles, and indulge whenever and whenever he pleases? Or does he spend a lot of time at home with close friends and family, resole his shoes, and switch off the air conditioning when he leaves the house? In The Millionaire Mind, Thomas J. Stanley, Ph.D. addresses these issues and gives us more information on the ideas and lifestyles of this affluent demographic via his surveys of over 1,000 millionaires.
The Millionaire Mind, Stanley's follow-up to his New York Times bestseller The Millionaire Next Door, can surprise readers with its insights into the true nature of millionaires. It's interesting to note that a large number of billionaires did not attend elite universities or graduate from high school with honors. Rather, from their early years, they were often informed that they lacked intelligence and that they would not succeed. These difficulties inspired them to work harder and take more chances in order to succeed financially. They also taught them how to overcome barriers.
These millionaires have taken, and still take, financial risks as their main concerns. They have to get over their fear of taking chances and keep this bravery throughout their adult lives. Stanley found that a lot of billionaires use similar strategies to calm their fears and manage their money. A few of them consist of:
Having faith in oneself Gratitude is something I do every day. Using constructive ideas to counter negative ones expressing worries to the partner imagining yourself successful surpassing the competitors in effort, intelligence, and fortitude Employing skilled counselors Continually expanding my understanding of my field of work Investing a lot of work in preparing for my success Regularly working out Having a deep religious conviction
Stanley also demonstrates that billionaires often lead reasonably modest, economically productive lives and are frequently successful in both marriage and business. The average millionaire has been married to the same spouse for over 25 years. Readers will likely find Stanley's explanation of how millionaires choose the careers that would most likely bring them success to be the most intriguing.
So don't 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.
Author, speaker, and researcher Thomas J. Stanley, Ph.D. He has spent more than 25 years researching the rich. Since its 1996 release, more than one million hardback and over one million paperback copies of The Millionaire Next Door have been sold. Over 150 weeks in total have passed since the book debuted on the New York Times Best Sellers list.
His prior publications include Selling to the Affluent, Networking with the Affluent, and Marketing to the Affluent, which Best of Business Quarterly called one of 10 exceptional business books.
Atlanta is home to Dr. Stanley. He was honored as an Omicron Delta Kappa Outstanding Professor while teaching marketing at Georgia State University. He holds his doctorate from the University of Georgia in Athens.