Tag: entrepreneur

Most Millionaire Business Owners Never Sell to the Ultimate Consumer

By Thomas J. Stanley on Nov 18th, 2014 in Mentor's Corner

The arch type millionaire is a self employed business owner/entrepreneur.  Thus it is not surprising that many people ask, “But what type of businesses do they own?”  To these readers I say, “Well, take a look at the 6 columns of business types listed in Appendix III in The Millionaire Next Door and the 12 columns […]

Taking Risks: A Recipe for Success

By Thomas J. Stanley on Nov 3rd, 2009 in Current Events

During these uncertain times, it pays to be vigilant in recognizing economic opportunities. Over the years, more than a few millionaires have told me that during one’s lifetime, major economic opportunities will confront most of us. Unfortunately, the majority of people don’t capitalize upon them. Some just don’t recognize “gold” when they stumble across it; others […]

Economic Opportunities Next Door

By Thomas J. Stanley on Sep 17th, 2009 in Millionaire Next Door Stories

Some millionaires have more than one job. You might recall an earlier blog about Jerry, the pharmacist, who was also a business broker. Murray also has two vocations: he is a high school teacher who also owns and operates a house painting company. His case study may provide much food for thought for those who are […]