The Millionaire Mind is a revolutionary new book that reveals what drives successful people to be wealthy and how you can become one of them. For over two decades, Thomas J. Stanley has interviewed hundreds of the richest people in North America and studied their backgrounds, habits, and wealth management techniques. He now shares his findings with us in this exclusive interview.
In this groundbreaking book, Thomas J. Stanley challenges the conventional wisdom that millionaire millionaires do not share their good fortune with their families and friends. Instead, he offers a different perspective—far more realistic and possible than ever—about the wealth creation process: how to build profitable businesses and become financially free so you can spend more time with your family and loved ones.
In a masterful synthesis of psychological science, research, and practical advice, Thomas J. Stanley chronicles the untold story of how ordinary people earn only $20,000 per year to become millionaires by increasing their income, reducing their debts, and developing emotional wealth. This book is timely and essential as ever more Americans seek financial security and emotional health in their pursuit of happiness.
About The Millionaire Mind Book
The Barnes & Noble Review
Who is the average millionaire? Does he eat gourmet or fast food? Does he drive fancy cars, take chic vacations, and indulge wherever and whenever he can? Or does he resolve his shoes, turn off the air conditioning when he leaves the house, and spend much time at home with close friends and family? Through his surveys of over 1,000 millionaires, Thomas J. Stanley, Ph.D., answers these questions and provides further insight into the thoughts and lives of this wealthy population in The Millionaire Mind.
A follow-up to Stanley’s New York Times bestseller, The Millionaire Next Door, The Millionaire Mind may surprise readers with its findings about the kinds of people that millionaires are. Interestingly, many millionaires were not straight-A students in high school, nor did they attend prestigious colleges. Instead, they were often told when they were younger that they were not bright and would not be successful. These challenges taught them how to surmount obstacles and motivated them to try harder and to take risks to get ahead financially.
The major risks that these millionaires have taken and continue to take are financial ones. They must overcome the fear of taking risks and maintain this courage throughout their adult careers. Stanley discovered that many millionaires share similar techniques to allay their anxieties and stay on track financially. Some of these include:
Believing in myself Counting my blessings every day Countering negative thoughts with positive ones Sharing concerns with spouse Visualizing success Outworking, outthinking, out-toughing the competition Hiring talented advisors Constantly upgrading my knowledge about my occupation Spending considerable time planning my success Exercising regularly Having strong religious faith
Stanley also reveals that millionaires are very often successful in marriage and work (the typical millionaire has been married to the same spouse for over twenty-five years) and usually lead relatively frugal, economically productive lifestyles. Perhaps most interesting to readers will be the section that Stanley devotes to how millionaires chose the career in which they would be most likely to succeed.
So don’t miss out on picking apart and analyzing the thoughts and habits of millionaires with Thomas Stanley and The Millionaire Mind, a book sure to be as brilliantly revealing and fascinating as his previous bestseller on millionaires.
Thomas J. Stanley, Ph.D., is a researcher, author, and lecturer. He has studied the wealthy for more than 25 years. The Millionaire Next Door, published in 1996, has sold more than one million copies in hardcover and nearly one million in paperback. The book has been on The New York Times Best Sellers list for more than 150 combined weeks.
His previous books include Marketing to the Affluent, which Best of Business Quarterly named one of 10 outstanding business books, Selling to the Affluent, and Networking with the Affluent.
Dr. Stanley lives in Atlanta. He was a professor of marketing at Georgia State University, where he was named Omicron Delta Kappa Outstanding Professor. He holds his doctorate from the University of Georgia in Athens.