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Book Description

The Millionaire Mind targets a population of millionaires who have accumulated substantial wealth and live in ways that openly demonstrate their affluence. Exploring the ideas, beliefs, and behaviours that enabled these millionaires to build and maintain their fortunes, Dr Thomas J Stanley provides a fascinating look at America's financial elite and how they got there. For example:
* What were their school days like?
* How did they respond to negative criticism?
* What are the characteristics of the millionaire's spouse?
* Is religion an important part of their lives?
The author uncovers surprising answers, showing readers just what it is that makes the wealthy prosper while others feel dejected or beaten. The Millionaire Mind delves deep into the minds of America's wealthy and answers universal questions with solid statistical evidence in an approachable, anecdotal style.
--This text refers to the Paperback edition.

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Amazon Review

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 Chris Tarrant's hit show "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 grade point 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 LSU, instead, because the numbers show the average millionaire had a lowly 2.92 GPA, SAT scores between 1,100 and 1,190 and teachers who told them they were mediocre students but personable people. "Discipline 101 and Tenacity 102" made them rich. Stanley got straight Cs 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, Amazon.com --This text refers to the Paperback edition.

Review

"Readers with an entreprenerial turn of mind will devour The Millionaire Mind because it provides road maps on how millionaires found their niches" (USA Today) --This text refers to the Paperback edition.

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on 25 May 2017
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on 24 June 2013
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VINE VOICEon 31 July 2007
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on 18 October 2009
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on 12 January 2017
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on 1 January 2015
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on 10 April 2014
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HALL OF FAMETOP 500 REVIEWERVINE VOICEon 4 August 2004
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