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Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen [Paperback]

Thomas J. Stanley
4.1 out of 5 stars  See all reviews (12 customer reviews)
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Book Description

Aug. 1 2005
"Most Americans are not free. They are chained to their paychecks. . . . The women profiled herein will not tolerate such an existence. They are a different breed. They are free. They are cultivators of wealth and satisfied with life. They are in control of their own destiny."Eight years ago, Dr. Thomas J. Stanley swept aside the mythical magic curtain of wealth to reveal The Millionaire Next Door. America found out just who and how common the truly wealthy were in this country-and we learned the characteristics and habits that made them so. Now the author of the follow-up The Millionaire Mind focuses on one of the least understood but increasingly rich demographics: Millionaire Women Next Door, available in paperback for the first time.
"Why write another book that profiles millionaires?" Stanley asks. "The vast majority of the millionaire respondents (92 percent) in The Millionaire Next Door were men. . . . I felt that it was indeed time for successful businesswomen of the self-made variety to be heard." Readers everywhere will be fascinated by Stanley's thoroughly researched findings and conclusions. They'll come away considerably more knowledgeable and greatly inspired by women who have found the key to riches.
Millionaire Women Next Door explores the meaning of wealth and the avenues that female entrepreneurs and businesspeople have traveled. The book examines their choices, natures, working styles, and lifestyles.

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About the Author

Dr. Thomas J. Stanley began studying the affluent in 1973. His coauthored best-selling book, The Millionaire Next Door, released in 1996, has sold 2,000,000 copies. Thomas followed his first book with Marketing to the Affluent, ranked among the ten outstanding business books by the editors of Best of Business Quarterly. In 1999, he published The Millionaire Mind, which explored America's financial elite and how they became so. The Millionaire Mind has sold 750,000 copies. The author lives in Atlanta, holds a doctorate of business administration from the University of Georgia in Athens and was formerly a professor of marketing at Georgia State University.

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

4.1 out of 5 stars
4.1 out of 5 stars
Most helpful customer reviews
2 of 2 people found the following review helpful
5.0 out of 5 stars Did you really read the book 1 star reviewer July 15 2004
When I read reviews like the one that precedes mine and says that this bookis just a rehash of Dr. Stanleys earlier work, I have to wonder why people post reviews who obviously never read the book.
But upon checking reviews on The Millionaire Mind, I couldn't help but notice the same nonsense that The Millionaire Mind was supposedly the same as The Millionaire Next Door. And then upon reading some reviews on The Millionaire Next Door, people were comparing that book to books written by other authors.
I guess the millions of copies that were sold were purchased by people who must be extremely ignorant and naive right? WRONG! DEAD WRONG!
Each one of Sr. Stanleys book's are different. The fact that this book is titled Millionaire Women Next Door should be a hint that this book is different. As a female, I am glad that Dr. Stanley decided to profile the many millionaire women out there. In fact, it's past due time for the female sect to get ample recocgnition for our accomplishments.
And let's not forget that it was and still is more difficult for females to move ahead in corporate America than their male counterparts, even if the females do have better skills. Fortunately, that trend is slowly changing.
Men and women are different. Comparing this book to The Millionaire Next Door which profiled the men is like a doctor giving medication for male sexual disorders to a female.
I am glad that Dr. Stanley wrote this book and grateful that he has given the female sect the recocnition and praise they deserve. To me, this book is an inspiration to achieve in a world dominated primarily by the male sect. Dr. Stanleys great work gives hope and purpose for females who feel overshadowed by the men.
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2.0 out of 5 stars Rehashed Bestseller July 14 2004
By csg
If you enjoyed , The Millionaire Next Door, skip this book ! This new book, " Millionaire Women" is a rehashed version of the first book. It is written to answer the question, " How are female millionaires different from male millionaires ? ". It gives tidbits about how much more men spend on shoes then women, etc. It would be an interesting magazine article but there is not enough new information to warrant a new book. I was left wondering if the author signed a multi book contract after the success of "The Millionaire Next Door".
The worst chapter has to be the one on part time workers. The two people profiled ( one male, one female ) both own rental real estate. Dr. Stanley gushes that they "... make money even while they sleep !". This chapter reads like a script from a late night info-mercial ! It doesn't cover any of the practicalites of purchasing a rental, finding tenants, legal problems, maintenace issues or what to do if the tenants don't pay the rent. If you believe the description of being a landlord in this book, you will believe that you work less then 20 hours a week and due nothing more then deposit checks.
Another disappointment was the chapter on Stay at Home Moms. The author calls these, Family Office Managers. They are frugal with their spending and invest on a regular basis to accure wealth over time. The chapter was disappointing because it was only 8 pages long and includes a long letter from a woman who created family wealth this way but must give all of the credit to her husband.
If you have never read anything by Dr. Stanley on this topic, It is well worth your time to read one of his books.
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5.0 out of 5 stars Hopeful, helpful, and riveting book June 30 2004
By Diane
If you're a woman who didn't quite see yourself in The Millionaire Next Door, there's hope. Women are different than male millionaires in several important ways. For example, the typical male millionaire has married once and remains married, but over half of female millionaires have been divorced. Women are also more generous than men.
The book mainly talks about business owners becoming wealthy, but it also talks about alternatives to business ownership. Stanley profiles a star saleswoman, educators (a wealthier group than you realize), and stay-at-home women who act as managers of their "family office". He also discusses parenting your children so they can develop a millionaire mindset. Many situations are presented in this book, so you can probably find something that will apply to you.

As for helpful advice, the author points out cautions women need to consider. Women need to watch out for the "Marginal Bob" worthless first husbands. Women also often provide continued financial support to their grown children and grandchildren. This "economic outpatient care" hurts both parents and children.
I enjoyed reading this book. It was well written and thoroughly researched. I will buy more copies for graduation gifts.
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5.0 out of 5 stars Fascinating Study of Successful Women May 31 2004
We have long known that women and men approach both work and money differently. The nature of the differences, though, is not what most people expect. In fact, Thomas Stanley leads the book with an illustration of exactly this: a man is vociferously insisting that businesswomen are cold, obsessed, unfriendly, tyrannical, unmarried and even dangerous and, as a result, are not worthy of study.
Stanley knows otherwise, though, and shows through exhaustive interviews and surveys that successful businesswomen have a great deal in common with their male counterparts in that they are next to impossible to define by qualitative measures alone. They are married and unmarried, mothers and not, formally educated and self-taught. One way they differ sharply from the male millionaires Stanley studied in a previous book is in their greater tendancy to allow family members to become "economic outpatients" - persons whose constant need for money is met by the successful person over whom they exercise emotional control.
One of the greatest gifts that Stanley gives all women in this book is showing in detail and with great care that one need not be born with a silver spoon to be financially successful (in fact, having ample financial resources while growing up may hinder self-directed success). In fact, several of his cases are of women who were neglected and/or abused in the most horrible ways and still managed to look within themselves and create success. It is clear through this work that if a woman truly desires to be free of economic pressure, she can be so regardless of her background and upbringing.
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Most recent customer reviews
5.0 out of 5 stars Outstanding book - Hooray for the wealthy women!
This is vintage Dr. Stanley. Thoroughly researched and accurate. I suspect that the 1 star reviews and unhelpful votes are from men who are jealous of the opposite, but very... Read more
Published on July 7 2004
1.0 out of 5 stars Too much fluff
I enjoyed Stanley's book The Millionaire Next Door tremendously, but in this one it looks like he took a couple dozen pages worth of material, and then took it and stretched it,... Read more
Published on June 30 2004
5.0 out of 5 stars Fantastic!
This book has changed my life! It is full of wonderful information and interesting facts. It is a true road map for success. Thank you Dr. Stanley.
Published on June 19 2004 by Julie Johnson
1.0 out of 5 stars Big Disappointment
This is a lousy book, don't waste your hard-earned money on it. Its very poorly written, a dry and boring recitation of statistics. Read more
Published on June 18 2004
5.0 out of 5 stars Great book!
Just like Thomas Stanley's previous books, The Millionaire Mind and The Millionaire Next Door, Millionaire Women Next Door really delivers facinating information in a clear text. Read more
Published on June 13 2004
5.0 out of 5 stars Intriguing look at powerful, successful women
For all the fans who loved Dr. Stanley's previous book, Millionaire Next Door, this fascinating follow-up will exceed your expectations. Read more
Published on June 8 2004 by Audrey Matthews
5.0 out of 5 stars A must read!
This is an important book for all women - from all walks of life. The most important message: Stay in control of your own destiny! Read more
Published on May 27 2004 by Marion E. Gold
5.0 out of 5 stars And now The Millionaire Women Next Door
I bought this book for my wife over two weeks ago at our local Borders. Having been a fan of Stanley & Danko's first great work, The Millionaire Next Door I was anxious to see... Read more
Published on May 24 2004 by Chuck Kimbriel
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