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Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen Paperback – Aug 1 2005

4.1 out of 5 stars 12 customer reviews

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Product Details

  • Paperback: 320 pages
  • Publisher: Andrews McMeel Publishing (Aug. 1 2005)
  • Language: English
  • ISBN-10: 0740755706
  • ISBN-13: 978-0740755705
  • Product Dimensions: 15.5 x 3.6 x 22.9 cm
  • Shipping Weight: 499 g
  • Average Customer Review: 4.1 out of 5 stars 12 customer reviews
  • Amazon Bestsellers Rank: #406,973 in Books (See Top 100 in Books)
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Product Description

About the Author

Dr. Thomas J. Stanley began studying the affluent in 1973. His coauthored New York Times best-seller, The Millionaire Next Door, was released in 1996, and has sold over 2,500,000 copies worldwide. 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. His second New York Times best-seller, The Millionaire Mind, explored America¿ s financial elite and how they became so when it came out in 1999. The author, who 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. --This text refers to an out of print or unavailable edition of this title.


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Customer Reviews

4.1 out of 5 stars
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Top Customer Reviews

Format: Hardcover
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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Format: Hardcover
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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Format: Hardcover
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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Format: Hardcover
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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