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The Millionaire Mind

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The Millionaire Mind

By: Thomas J. Stanley Ph.D., William D. Danko Ph.D.
Narrated by: Cotter Smith
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About this listen

 The runaway best seller 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. In this audio program, 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 grades 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; and what are their favorite leisure activities. To become a millionaire you have to think like one. The Millionaire Mind tells you how.©2000 Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D. (P)2000 Simon & Schuster, Inc., All Rights Reserved, SOUND IDEAS is an Imprint of Simon & Schuster Audio Division, Simon & Schuster Inc. Business Business Development & Entrepreneurship Career Success Entrepreneurship Leadership Management & Leadership Motivation & Self-Improvement Professionals & Academics
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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.

An insight to how the truly wealthy tick

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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.

It's a long case study, but good

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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.

Read the updated version instead

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This was just fantastic book and very well written. The take home points are extremely good for one to put into practice. Well done

The Millionaire Mind

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There are some good ideas - but also a few not-so-good ideas that promote outdated values, like the author’s much-repeated position that millionaire-couples have stay-at-home wives. Some ideas are contradictory too, like fact that ivy-league education and super high intelligence are not necessary precursors to economic success, but then the author makes a big deal about millionaire parents who scrimped and saved to send their children to expensive schools.

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