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- Dr Thomas J Stanley
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Category:Personal Development The author of the book:Dr Thomas J Stanley Format files: PDF, EPUB, TXT, DOCX The size of the: 176 KB Language: English ISBN-13: 9780743517881 Edition: SIMON & SCHUSTER AUDIO Date of issue: 1 September 2000 |
Description of the book 'The Millionaire Mind':
Do you have the millionaire mind? The runaway bestseller 'The Millionaire Next Door' told us who America's wealthy really are. 'The Millionaire Mind' tells how they got there, and how to become one of them. Inside, you'll discover the surprising answers to questions such as.. What success factors made them wealthy in one generation? What part did luck and school play? How do they find the courage to take financial risks? How did they find their ideal vocations? What are they spouses like and how did they choose them? How do they run their households? How do they buy and PDF sell their homes? What are their favorite leisure activities? To become a millionaire, you have to think like one. 'The Millionaire Mind' tells you how.Reviews of the The Millionaire Mind
To date regarding the guide we now have The Millionaire Mind feedback customers are yet to however remaining their particular review of the overall game, or not read it still. But, for those who have currently check this out ebook and you really are able to help to make the discoveries well ask you to be tied to to go out of a critique on our website (we could release the two negative and positive critiques). Put simply, 'freedom associated with speech' Many of us totally helped. Your current opinions to reserve The Millionaire Mind -- some other readers should be able to determine of a ebook. Such help will make people much more Usa!Thomas J Stanley The Millionaire Mind Harper Collins 2000 Surveys 733 USA millionaires to determine what it is that distinguishes them from rest. Quote from NBR review page 36 Aug 4.
Dr Thomas J Stanley
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Leave a Comment The Millionaire Mind
Author | Thomas J. Stanley |
---|---|
Country | United States |
Language | English |
Genre | Finance Book |
Published | 2000 April 1, 2000 Andrews McMeel Publishing, LLC |
Media type | Hardback |
Pages | 416 |
ISBN | 978-0-7407-1858-8 |
OCLC | 47920746 |
Preceded by | The Millionaire Next Door |
Followed by | Millionaire Women Next Door |
The Millionaire Mind is a book by American finance professor Thomas J. Stanley[1] published in 2000.
A follow-up to his earlier The Millionaire Next Door, Stanley draws upon research of America's affluent to examine the ideas, beliefs and practices of the segment of the financial elite. His findings are contrary to common belief, noting for example that high-wealth Americans typically use little or no consumer credit and tend to avoid conspicuous consumption of high-cost or high-status items. While The Millionaire Next Door focused on those with a net worth of at least USD$1 million, The Millionaire Mind emphasizes those with a net worth of at least USD$10 million.
The book debuted at #2 on the New York Times Bestseller list on February 18, 2000 and received press and reviews from Fred Barnes, Katie Couric and Donald Trump.[2]
- 3External links
Summary[edit]
Following up the bestseller The Millionaire Next Door, The Millionaire Mind analyzes the common environmental and lifestyle factors that preceded and resulted in this researched segment's ability to accumulate wealth. The book raises the following questions:
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What success factors made them wealthy in one generation?
What part did luck and school play?
How do they find the courage to take financial risks?
How did they find their ideal vocations?
What are their spouses like and how did they choose them?
How do they run their households?
How do they buy and sell their homes?
What are their favorite leisure activities?
Stanley's research on how the average American millionaire attained financial success are based on in-depth surveys and interviews with more than 1,300 millionaires. Personal details from this research are shared in the book include memories from their school days, personal thoughts on being 'the smart kid in the dumb row,' making difficult financial decisions, selecting a vocation and spending habits.
Reception[edit]
A review for Bainvestor gave the book a mixed reception, writing that it was an improvement on The Millionaire Next Door due focusing more on why high-wealth people have certain beliefs or habits and providing a good guide to those interested in accumulating wealth, but the flaws included too much editorializing from Stanley and a lack of emphasis on entrepreneurs which the reviewer suspected were underrepresented in Stanley's sample.[3]
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Tom Butler-Bowdon's review of The Millionaire Mind summarized the book as somewhat repetitive, but wrote: 'here are a multitude of revealing facts and ideas besides, including the five 'foundation stones' of financial success most often mentioned by millionaires, enjoyable case histories and anecdotes of specific millionaires.[4]
Trent Hamm of The Simple Dollar wrote that The Millionaire Next Door was probably superior overall for general-audience readers, but that The Millionaire Mind had the advantage of 'focus[ing] on what I like to call 'life management' skills more than financial planning, which might be of interest to you if you’re looking for behavioral aspects of how millionaires act.'[5]
Jim Lippard, a telecommunications professional and blogger, gave the book a negative review: 'This is a deeply flawed book. It purports to be a description of the characteristics and attitudes that make wealthy people wealthy, but it is based mostly on their self-assessments without comparison to a control group. I suspect that this heavily underplays the role of random chance in success, and attributes causation where there is only correlation. Further, the author displays clear biases on a number of topics, which leads him to engage in ad hoc interpretation of his data, sometimes to argue for conclusions that are contrary to the clear implications of the data—such as his arguments for the importance of religion in the lives of millionaires.'[6]
Donald Mitchell, author and finance consultant, criticized The Millionaire Mind saying, 'because of the way the sample was selected, you won't get much variety..[and that a] control group is essentially missing..[7] Microsoft windows server 2003 r2 enterprise edition iso download.
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External links[edit]
Reviews[edit]
Thomas J Stanley Phd
Other[edit]
Author of Millionaire Mind Thomas J. Stanley official website and blog
The Millionaire Mind Thomas J Stanley Pdf free. download full
References[edit]
- ^ISBN978-0-7407-1858-8
- ^Time line of author's achievements
- ^The Bainvestor
- ^Commentary by Tom Butler-Bowdon from the book 50 Success Classics
- ^http://www.thesimpledollar.com/review-the-millionaire-mind/
- ^Lippard, Jim (July 2, 2006). 'Review of The Millionaire Mind'. The Lippard Blog. Retrieved 2009-09-09.
- ^Mitchell, Donald (February 10, 2001). 'A Limp Follow-On to The Millionaire Next Door'. Amazon.com. Retrieved 2009-09-09.