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10/12/2010

Millionaire Status Highest Among Business-Owners & Entrepreneurs

The recurring themes in Thomas J. Stanley�s book, The Millionaire Spirit, are:

1)    Before you can become a millionaire, you must learn to think like one.

2)    You must learn how to motivate yourself; to counter fear with courage.

3)    Making critical decisions about business, investments, and your career conjures up fear�fear that is part of the process of becoming a financial success.

4)    Academic achievement was not an important factor. Millionaires had a solid but hardly spectacular under-graduate point average of 2.92 on a 4.0 scale.

5)    Getting along with people is more important than graduating at the top of your class.

Stanley says if you are creative enough to select the ideal vocation, you can win big time. �The really brilliant millionaires are those who selected a vocation that they love�one that has few competitors, but generates high profits.�

Not surprisingly, business owners and entrepreneurs made up the biggest group of top �wealth accumulators� � about 32% of the millionaires surveyed by Stanley. (Another 16% were senior corporate executives.)



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