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The Millionaire Mind
- Narrated by: Cotter Smith
- Length: 12 hrs and 20 mins
- Unabridged Audiobook
- Categories: Biographies & Memoirs, Professionals & Academics
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Publisher's Summary
What listeners say about The Millionaire Mind
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- Insane Technologies
- 23-11-2015
It's a long case study, but good
The book is an analysis of the findings of his research into millionaires and how they live. It is quite long, but the content is great.
Very thought provoking.
1 person found this helpful
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- Anonymous User
- 27-02-2020
Read the updated version instead
Great book with great ideas. Although if you were going to read just one money book, I would recommend reading the updated version. The Next Millionaire Next Door builds on these concepts and takes into consideration how things have changed over time. You can tell the narration was taken place many years ago because it sounds dated.
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- Jan
- 11-10-2018
The Millionaire Mind
This was just fantastic book and very well written. The take home points are extremely good for one to put into practice. Well done
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- Josh Hollitt
- 28-05-2018
An insight to how the truly wealthy tick
This book summarises a comprehensive study into the attitude and behaviours of America’s truly wealthy in the mid 90’s that is a timeless piece of work that can be applied to Australia. A follow on from the millionaire next door. Some of the statistics quoted gets a bit repetitive, however is necessary to support the particular points and arguments being made. Enjoyed the simple conclusions drawn from the study that provide and insight into typical habits of those who have created significant wealth in one generation. A must read for all looking to hone their financial compass.
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- Wendy
- 19-03-2015
The Millionaire Next Door is the better choice
Any additional comments?
I've listened to both The Millionaire Next Door, and The Millionaire Mind. If you've read one, you've gotten most of the content expressed in both books, and don't need the other, and the Millionaire Next Door was the better choice because the content was much more translatable. This book seemed like it was a lot of the think positive and you'll reach your goals, which I found to be patronizing and out of touch at times. It was an interesting listen, but not a very practical application to real life.
37 people found this helpful
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- Anonymous User
- 09-02-2016
Paradigm Change.
Focuses on the behavior and thus making a compelling case for personal money management.
i am slowly changing my attitude towards money and it's working.
15 people found this helpful
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- Amazon Customer
- 21-09-2017
Such an awesome book!
learned a lot and found some weak mindsets I need to change in my daily life
5 people found this helpful
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- THoward
- 04-03-2009
Very enjoyable!
I have listened to this audio and enjoyed it a lot. I will pre-warn other listeners that a lot of numbers are given in this volume and it may be more helpful to have a paper copy at hand. The statistics are given throughout and this can sometimes be confusing. I advise other listeners to slow down their thinking and really listen to the words. Don't multi-task while listening to this tome, you'll miss the good stuff.
Multi-millionaires don't spend their money, they save it. They look for opportunities to get more for their dollar than just trying to appear rich.
The number of multi-millionaires that have been in their homes for just a few short years are very few, most have lived in the same place for 10+ years. Being wealthy isn't about how much a person paid for their car, but about which car to drive for an over-all cost per mile.
A good book to make a person think. If the statistics bother you, pick up a paper copy to read along.
17 people found this helpful
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- Sean
- 01-02-2003
No Millionaire Next Door
Do not go into this book expecting it to be as good as _The Millionaire Next Door_ (which this author co-wrote). It isn't. This book is a mess and isn't even sure what it is about. Feels like everyone was so eager to follow up the smash hit as quickly as possible that they forgot all about editing. There are some interesting (and useful) new tidbits on the habits of those who have accumulated wealth, e.g., what kind of house and neighborhood does the typical millionaire live in, but most of this volume is spent moralizing about the American education system. This is where the book becomes schizo. One the one hand it shows that most of those who have gone on to become millionaires did not do well on standardized tests, and therefore did not go on to grad or pro schools, or even college (except doctors and lawyers, obviously, but most of those aren't millionaires). But then on the other hand it decries those who discourage those students who score poorly on such tests from going on to higher education, e.g., relating the story of Dr. Martin Luther King, Jr. But I am left asking why this is something to bemoan. The author seems to accept that the tests are fairly accurate predictors of academic performance, so if future millionaires don't and won't do well in these settings (for whatever reasons), why not let them go and do what they do best (and better than most) as quickly as possible? And as for MLK, why is he in this book? Did he become a millionaire? Save your money (better yet, invest it in a good mutual), and go check the first book out from the library and read it again.
51 people found this helpful
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- Michael
- 05-01-2019
Must read for any entrepreneur with high aspirations
This was the perfect follow up book to his original “millionaire next-door “. There are so many books out there that teach you how to run a successful business , how to better your own self growth, business books, marketing books, accounting, etc. But this book, completely changed my outlook and mindset on to live as, and become a millionaire. It was such a breath of fresh air, seeing that most millionaires are actually quite frugal when it comes to materialistic items that depreciate in value. If you look at any Instagram Millionaire, they appear to be living the high life, where they may actually be balance sheet broke. It’s all an illusion. This review probably won’t give Dr Stanley’s book the justice he deserves, but it truly is fantastic. It’s one of those books you can read over and over again to keep you focused on your goals, and not get caught up in all of the “fluff” or financial booby traps that are everywhere. Thank You Dr. Stanley
2 people found this helpful
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- T.Om
- 27-11-2018
STAY POOR by OPPOSING everything in this book!
I wish I read this book when I was sixteen or at least I wish I had listened to my parents ;) !
If you plan to be rich in the future then make sure you read this today!
This book is a product of intensive research on more than 700 affluent millionaires in America. The author has intensive experience in the field as it is his life's long work. He is very insightful and shares so many insights, such as:
How they made their money and how they invest it? Do they own so much stuff?
What were their academic performance in high school and college?
Who do they marry, do they have kids?
How much do they spend for leisure and what are their priorities in life?
You would be surprised to know the answers because having a millionaire mindset is not what you see in Hollywood, but a rather more meaningful lifestyle.
2 people found this helpful
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- Anthony DiStefano
- 30-08-2018
Informative and Motivational
The enjoyment was increased by knowing most of the attributes of the millionaires are similar to the practices I keep. Some statistics were mind blowing and informative on opportunities to align with a solid group as written in the book.
2 people found this helpful
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- Rigsman
- 08-07-2003
Like football commentary
Once, while listening to Monday Night Football, I heard the announcer state that a certain team was in trouble because "only 50%" of teams in that situation had ever recovered from such a point deficit/yard loss/injury etc. Such statistics are nonsense because the announcer could have just as easily said that the team had a great shot because a full 50% of teams in the same situation had turned things around.
Dr. Stanely does the same here. He takes a statistic and shoves it at you without telling the whole story. On several occassions he spoke of how a percentage of his survey takers reported activity X was important to their success. The percentage would be less than 50%. Dr. Stanley, however, would not bother to explain how the majority accomplished their success without performing activity X.
Dr. Stanley also contradicts himself at many points in the book. In one chapter, he explains that integrity is absolutely key to success. If you want to be a millionaire in one generation, you should make it a point to be honest with everyone. A chapter later, Dr. Stanley holds up a man as an example of the type of success he's talking about. This man beat the odds by becoming a top executive in the carpet business without having completed college, let alone graduating from a top ranked school. How did he do it? Dr. Stanley makes a point of the fact that the man had a special gift for sales. He also mentions, hurriedly and in passing, that the man LIED to his company about his education level. He informed this company on his application and in his interview that he was a college graduate. Hardly a man of integrity but undoubtedly successful. Dr. Stanley does not elaborate how one example reconciles with the other.
This book was a waste of time. Nothing is here that isn't common sense (work hard, love your job, invest wisely) or that isn't contradicted later (be honest, unless it pays to lie). Give this one a pass.
33 people found this helpful
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- Forrest
- 19-12-2003
It is about time
I was very impressed with this book. At first, I too was somewhat skeptical, thinking it might be another one of those gee-whiz books. However, Dr. Stanley did his research and in eloquent language, blows the cover on the wealth myth. So many people in America are either trying to be the Jones or catch up with them, that we are spending our way to poverty and financial bondage. Stanley sheds important light on the truth about wealth and those who know how to acquire it and keep it. I recommend this book to anyone that is serious about true prosperity.
10 people found this helpful
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- Luke
- 28-08-2010
Excellent work
This is a fascinating insight into the Millionaire mind, this is the kind of book that you need to know. It can get a little heavy going at times but take it in smaller chunks and you will learn a lot. I have listened to this many times since downloading it.
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- Tinashe
- 08-04-2018
Brilliant
Brilliant read and a lot of hidden gems . totally recommend this bad boy for sure
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- Charlene Allison
- 26-01-2015
One of The Most Insightful Books I've Listened To
This is my second time through this book. Everyone I know should listen to it. Paradigms will be shifted and there is enough food for thought to render us all obese. Maybe we don't all want to become millionaires, but Thomas J Stanley's book will really make you think about your choices in life.
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- Filips Baumanis
- 06-12-2014
Excelent work based on real survey data
Would you consider the audio edition of The Millionaire Mind to be better than the print version?
Audio book allows you to listen while driving a car or doing other things, but for this book I also purchased a paper version so I could listen to it and read along to gain maximums concentration. it is that good!
1 person found this helpful
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- Nuno Balseiro
- 14-04-2021
Pure gold
This is not your common get rich book. This is basically a guide on how to live and make decisions that go way beyond building wealth, but will influence the foundations on how you live.
Pure gold.
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- The Seeker
- 21-10-2020
Very interesting and well researched.
This is a very interesting book that goes deep into the mindset of the economically successful: values, lifestyle choices, etc. The narrator is excellent too. Thoroughly recommended.
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- Eden Mahachi
- 08-10-2020
mind and life changing
great audio book
thoroughly enjoyed it
great life and money lessons
highly recommended listening
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- Sauti
- 19-06-2020
captivating
Good narrating and many case studies to keep you listening. I actually enjoyed reading this and learned a few life lessons like the value of honesty.
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- stephen opoka
- 02-02-2020
One of The best books I’ve listened
I chose the ratings because it’s the highest rating I could give it. Great listen with the facts that make it measurable and lessons in there that could be apply for generations
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Performance
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- Anil
- 21-12-2018
Enjoy life and best thing in life comes for free.
Save and Invest, earners and busy people miss the investment part and never become weathly. Great deal on spouse selection and the revelation that most of millionaire have one person on job or both work in same business owned by them.
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