Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen this question feed

asked by macfan on November 3, 2006 1:20 AM

Eight years ago, Dr. Thomas J. Stanley swept aside the mythical magic curtain of wealth to reveal The Millionaire Next Door. America found out just who and how common the truly wealthy were in this country"and we learned the characteristics and habits that made them so. Now the author of the follow-up The Millionaire Mind focuses on one of the least understood but increasingly rich demographics: Millionaire Women Next Door."Why write another book that profiles millionaires'" Stanley asks. "The vast majority of the millionaire respondents (92 percent) in The Millionaire Next Door were men. . . . I felt that it was indeed time for successful businesswomen of the self-made variety to be heard." And heard they are in this book that is destined to become every bit as informative, quoted, and inspirational as the author"s earlier works. Readers everywhere will be fascinated by Stanley"s thoroughly researched findings and conclusions. More than a simple extension of his studies of male millionaires, Millionaire Women Next Door presents groundbreaking concepts involving the nature, lifestyle, and business choices of successful American women that reach far beyond the scope of the author"s previous studies. The book examines the choice of businesses elected by self-employed women, ranking over 150 categories in terms of their profitability and probability of success. It also describes the women"s background, highlighting the fact that most millionaire women were raised in nurturing family environments that were literally training grounds for success, instilling the values that make this group one of the most generous in American society as demonstrated by its level of giving to charities, family, and friends. While many characteristics such as frugality and simplicity of lifestyle are similar to those of their male counterparts, Stanley demonstrates that most millionaire women work harder and do better"at school, in business, and in investment practices. Millionaire Women is sure to be one of the most read, reviewed, and discussed books to come out this year. Make your own wise investment for a wealth of solid sales.




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Or, "How I learned to LOVE pinching pennies & clipping coupons!"

Now there's a title to stir the very hottest of boiler-fires in this coldest of Bounders, oh yes: "Millionaire Women Next Door"! Yummy! The title conjures up visions of 90-something tottering dowagers, having crumb-cake brought to them on silver platters by decrepit butlers, toddling about the mahogany-panelled passages of O Altitudo, shepherded by manservants and maids from Library to Sunroom to Palatial Dining Hall to the Rolls-Royce (gassed-up & ready to rumble by the handy valet) for the Sunday drive in the country.

Think of it: a ninety-something bat with the ferocious desire to rut like a crazed Gambian Howler Monkey, a creature with a very weak ticker, a short life-span, millions of dividend-paying bluechips and tax-free muni bonds piled up in her hoard, and me---first in line in her will!

Or even a chummier prospect: the Millionaire Woman Next Door who primped, nipped, tucked, & aerobicycled her way to bodily perfection, all of 35, hooked up with some venerable drooling Texas Oil Tycoon-Geezer, waited for him to drop, and now is positively rolling in the Shekkels and ready to party!

Alas, those fragrant, lustrous visions are for another writer and another book: this is a Thomas Stanley tome, Stanley being the scholarly fellow who pulled back the frayed shower-curtain on America's eremite wealthy only to reveal that mysterious class wasn't comprised of Robber Barons pulling their 500-foot nuclear powered megayachts into Mediterranean Ports, oh nosirree: they were plain folk, Good Reader, just like you and me!

Only they saved, live frugal lives, clipped coupons, ate catfood from a tin, scrounged, skimped, pinched the pennies until the Little Coppery Abrahams screamed in pain, maybe even splurged every 3 months on a 1-course meal at Mickey D's for the entire clan!

And, of course, according to Stanley and his prodigious stack of statistical data that suggest---no, confirm---that the meet may not inherit the Earth, no sirree, but the skinflints sure as Hell will---they'll die loaded.

I'm not going to parse or quibble with Stanley's research: coming myself from degenerate, somewhat deranged Southern stock, I've seen, firsthand, accounts of miserliness, weal, and grasping avarice that would chill the blood.

I have an Aunt who would hook up with her (loaded) buddy, and the two biddies would have Thanksgiving Dinner at the local homeless shelter. Hey, it was a cheap meal, no doubt.

But is that any way to live? Is it worth it to you, to spend your fleeting hours scrimping and scrounging, fretting over every penny, so you can die loaded? And so, once you give up this mortal coil and your wizened soul speeds Valhalla-ward, your spoiled, nasty little nephew, the only creature left alive mentioned in your will, inherits all your booty, and proceeds to blow the entire stack on a civilian super-submarine---I mean, what's the point?

I was hoping with "Millionaire Women" Stanley would let his hair down, get all "Shaft" with us, maybe talk a little bit about Divorce, the single greatest gender-to-gender (ie, poor hapless dudes to merciless chicks) wealth transfer ever invented in the history of the world. The Big D, an easy con to pull off, and pulled off every day: Woman sinks her claws & pinions, parasite-like, into a Hapless Man, catapults out a few nasty brats so he's bound to her for Eternity, then Lawyers up and pirates his loot. Works like a charm.

But no such luck: we're spoiled even that much of a Dickensian romp.

So if you insist on looking here, know this: Stanley's 'blockbuster' first book, "The Millionaire Next Door", was all about America's truly wealthy: Stingy Dudes.

To cut to the chase, "Millionaire Women" is the same disc, spinning backwards, without even a few Satanic Verses---to wit: Stingy Chicks.

Unless you're looking for a real blue-light special, avoid.

JSG
reviewed by tacos on November 28, 2006 10:10 AM

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I thought this book was a great read, based on the power of the statistics alone. Lots of great information about profitable women- owned businesses, as well as hearing the stories from the women who made it themselves.
reviewed by runabout on November 28, 2006 6:09 PM

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