You can display high social status all you want, but if you're still dependent on active income then you're one very vulnerable fella.Ĥ.Their parents did not provide economic outpatient care - Pretty good training ground, don't you think? They train their kids to be survivors and in the end, to be winners. Pretty cool.Ģ.They allocate their time, energy, and money efficiently, in ways conducive to building wealth - How else did they get there right? Well this goes for those millionaires who didn't inherit their wealth.ģ.They believe that financial independence is more important than displaying high social status - Practical. I learned that there are seven characteristics or common denominators among millionaires in America.ġ.They live well below their means - They are frugal,frugal, frugal. At Georgia State University he was named Omicron Delta Kappa’s Outstanding Professor.
He was a university professor for 20 years, leaving to pursue a career in research and writing about America’s millionaires. Stanley received his doctorate in business administration from The University of Georgia. He served as the chief advisor for DataPoints, a technology and research company based on his research and work, from 2013 to 2015. Stanley served as chairman of the Affluent Market Institute through which he has developed research based marketing and selling strategies for identifying, attracting and retaining wealthy clients. His work has been cited in the national media, including The Wall Street Journal, The New York Times, Forbes, Fortune, Time, Money Magazine, U.S. Stanley appeared as a featured guest numerous times on The Today Show, 20/20, and The Oprah Winfrey Show. Stanley authored more than 40 published articles which deal with the affluent in America. Stanley’s books have been sold worldwide.ĭr. In total, more than three million copies of Dr.
Stanley’s first three books, Marketing to the Affluent, Selling to the Affluent, and Networking with the Affluent and Their Advisors, were all designated as outstanding business books.
His Millionaire Women Next Door was selected as a finalist for the business book of the year by the Independent Publishers Association and was on several business best sellers lists. These books spent more than 170 weeks combined on the New York Times’ Best Sellers list.
Stanley wrote The Millionaire Next Door and The Millionaire Mind.
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