Ask Your Customers About Their Unfulfilled Needs

By Thomas J. Stanley on Feb 3rd, 2015 in Other

The co-founder of Nine West Shoes, Vince Camuto, recently passed away, see The Wall Street Journal.  The Nine West brand certainly rings a bell with me.  In the national survey of millionaires that was the base for my book, Stop Acting Rich, respondents were asked: What brand of shoes (for dress and/or for work) do […]

Selling to the Affluent

By Thomas J. Stanley on Apr 8th, 2014 in Other

Selling to the Affluent is more than just the title of my second book.   From mansions to Maserati cars, selling to the affluent is a vocation that has enormous potential for job seekers.  Households with realized incomes of $250,000 or more make up less than 3% of the population yet account for 25% of total […]

Wealth? No, Not Yet!

By Thomas J. Stanley on Nov 30th, 2013 in Other

Prior to writing The Millionaire Next Door I published a series of articles that dealt with the topic of wealth in America.  I recently reviewed one of these, Why You’re Not as Wealthy as You Should Be.  It was originally published in Medical Economics and then republished by Reader’s Digest.  Are people with high realized […]

You: The Mentor

By Thomas J. Stanley on May 16th, 2013 in Other

A few weeks ago, readers of my blog and AMI panelists were asked to recount their “ah-ha!” moments as part an ongoing research effort examining wealth building in America. We appreciate the honesty and courage that many of you exhibited in sharing your stories and how they changed your lives. Nearly 250 of you participated […]

Your Ah-ha! Moment

By Thomas J. Stanley on Apr 25th, 2013 in Other

In an earlier blog post, we discussed how career experiences, both successes and failures, can lead to moments of clarity (Working for those Ah-ha! Career Moments, August 2012). This post highlighted the fact that many successful millionaires have a wide range of experiences that help them determine a successful career path. Of course, a life-changing […]

8 Wal nut Chairs

By Thomas J. Stanley on Jan 29th, 2013 in Other

Comment on Bologna on Black Friday blog:   I just started reading Stop Acting Rich for the second time. I love this book! BA is our goal. My wife and I just discovered estate auctions. We purchased a 9×12 Karastan area rug for $45 (retails new for $2500), and 6 antique walnut dining room chairs […]

Small Expenses Add Up

By Thomas J. Stanley on Jan 22nd, 2013 in Other

A newspaper article reported on a “low level employee” who has been accused of stealing from his employer.  His theft went unnoticed for more than two years.  And his crime was discovered only when an investigation outside the firm led to his arrest.  No, the fellow did not steal cash, coins, checks, motor vehicles, etc.  In just […]

Buffett Outtakes

By Thomas J. Stanley on Dec 10th, 2012 in Other

Buffett not only excelled at building his own fortune/  he made it possible for many of his shareholders to do the same.  According to NYT, 12-4-12,  For Buffett long view still trumps quick return: “In 1966 . . . Berkshire Hathaway was trading at $22 a share.  Today it is almost $133,000 a share.”  The millionaire population […]

College Ranking Not Among Millionaires’ Key Success Factors

By Thomas J. Stanley on Dec 4th, 2012 in Other

The national survey which served as the base for The Millionaire Mind represented a fraction of the top 1% of the wealth holders in America.  Some of the myths about these people are that they were all straight A students, scored at the top on the SAT, attended elite private schools, etc.  The average SAT score for the sample was 1190.  Their […]

Want to Live Next Door to a Pro Athlete?

By Thomas J. Stanley on Oct 17th, 2012 in Other

I was reminded of the following case study after reading an article recently published in The Wall Street Journal about football coaches and their expensive homes.  Will and Helen sold their business just before the current economic meltdown.  They received top dollar for their more than 25-year-old business.  Up until then the couple lived the millionaire next door lifestyle […]