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From Amazon.com
What do you do after you've written the No. 1 bestseller The Millionaire Next Door? Survey 1,371 more millionaires and write The Millionaire Mind. Dr. Stanley's extremely timely tome is a mixture of entertaining elements. It resembles Regis Philbin's hit show (and CD-ROM game) Who Wants to Be a Millionaire, only you have to pose real-life questions, instead of quizzing about trivia. Are you a gambling, divorce-prone, conspicuously consuming "Income-Statement Affluent" Jacuzzi fool soon to be parted from his or her money, or a frugal, loyal, resole your shoes and buy your own groceries type like one of Stanley's "Balance-Sheet Affluent" millionaires? "Cheap dates," millionaires are 4.9 times likelier to play with their grandkids than shop at Brooks Brothers. "If you asked the average American what it takes to be a millionaire," he writes, "they'd probably cite a number of predictable factors: inheritance, luck, stock market investments.... Topping his list would be a high IQ, high SAT scores and gradepoint average, along with attendance at a top college." No way, says Stanley, backing it up with data he compiled with help from the University of Georgia and Harvard geodemographer Jon Robbin. Robbin may wish he'd majored in socializing at L.S.U., instead, because the numbers show the average millionaire had a lowly 2.92 GPA, SAT scores between 1100 and 1190, and teachers who told them they were mediocre students but personable people. "Discipline 101 and Tenacity 102" made them rich. Stanley got straight C's in English and writing, but he had money-minded drive. He urges you to pattern your life according to Yale professor Robert Sternberg's Successful Intelligence, because Stanley's statistics bear out Sternberg's theories on what makes minds succeed--and it ain't IQ.
Besides offering insights into millionaires' pinchpenny ways, pleasing quips ("big brain, no bucks"), and 46 statistical charts with catchy titles, Stanley's book booms with human-potential pep talk and bristles with anecdotes--for example, about a bus driver who made $3 million, a doctor (reporting that his training gave him zero people skills) who lost $1.5 million, and a loser scholar in the bottom 10 percent on six GRE tests who grew up to be Martin Luther King Jr. Read it and you'll feel like a million bucks. --Tim Appelo --This text refers to an out of print or unavailable edition of this title.
From Library Journal
In The Millionaire Next Door, read by Cotter Smith, Stanley (Marketing to the Affluent) and Danko (marketing, SUNY at Albany) summarize findings from their research into the key characteristics that explain how the elite club of millionaires have become "wealthy." Focusing on those with a net worth of at least $1 million, their surprising results reveal fundamental qualities of this group that are diametrically opposed to today's earn-and-consume culture, including living below their means, allocating funds efficiently in ways that build wealth, ignoring conspicuous consumption, being proficient in targeting marketing opportunities, and choosing the "right" occupation. It's evident that anyone can accumulate wealth, if they are disciplined enough, determined to persevere, and have the merest of luck. In The Millionaire Mind, an excellent follow-up to the highly successful first analysis of how ordinary folks can accumulate wealth, Stanley interviews many more participants in a much more comprehensive study of the characteristics of those in this economic situation. The author structures these deeper details into categories that include the key success factors that define this group, the relationship of education to their success, their approach to balancing risk, how they located themselves in their work, their choice of spouse, how they live their daily lives, and the significant differences in the truth about this group vs. the misplaced image of high spenders. Narrator Smith's solid, dead-on reading never fails to heighten the importance of these principles that most twentysomethings should be forced to listen to in toto. Highly recommended for all public libraries. Dale Farris, Groves, TX
Copyright 2001 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
Copyright 2001 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
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First Sentence
THEY LIVE IN LOVELY HOMES LOCATED IN FINE neighborhoods. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
THEY LIVE IN LOVELY HOMES LOCATED IN FINE neighborhoods. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
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Most helpful customer reviews
6 of 6 people found the following review helpful:
3.0 out of 5 stars
Are you allowed to do this?,
By Holly Rose (Texas) - See all my reviews
This review is from: The Millionaire Mind (Paperback)
Hmm....I guess you can technically take the same material, rearrange it and then publish it with another title if you really want to but I kind of thought that was looked down upon in the literary world! This is a 10 star book only they wrote it already and it was titled The Millionaire Next Door. This is literally and I mean LITERALLY the same exact book only rewritten, rearranged, retitled and republished. It really doesn't matter which of the books you read. Either will do. Both are 10 stars on their own but I gave it 3 because all in all I thought it was rather rude to scam people out of their money by selling the same exact book under a different title all in the name of some dough! But then again maybe they were millionaire minded, saw an easy way to make some more bucks and went for it!
3.0 out of 5 stars
Millionaire Next Door Rewrite,
This review is from: The Millionaire Mind (Paperback)
Nothing really new here that the original didn't tell you. A few extra tidbits and more personality trait-based but overall more of the same. It does give you a slightly fuller picture if you have already read TMND.
5.0 out of 5 stars
A look into the millionaire mind,
By A Customer
This review is from: The Millionaire Mind (Paperback)
Who wants to b ecome a millionaire? No, this is not a plug to watch reruns of Regis Philipins tv show or a get rich scheme or a suggestion to buy a lottery ticket. Rather, it is an opportunity to look inside the minds of America's wealthy--real true blood millionaires.You will find some things that you don't want to hear like the richest of the group are no physicians, lawyers or executives but business owners. You will also be surprised to find that the wealthiest of the group do not own new home The majority own homes that are over 10 years old. This book may not tell you what you want to hear, but it will tell you what you need to hear, if you want to seriously become a millionaire and if you want to know how the millionaires became millionaires. Great book. Even better than The Millionaire Next Door in my opinion.
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