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Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen Hardcover – May 1, 2004

by Thomas J. Stanley (Author)

4.5 247 ratings

Book 3 of 3: Millionaire Set

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"Most Americans are not free. They are chained to their paychecks............The women profiled herein will not tolerate such an existence. They are a different breed. They are free. They are cultivators of wealth and satisfied with life."

Dr. Thomas J. Stanley first swept aside the mythical magic curtain of wealth with The Millionaire Next Door, revealing just who and how common the truly wealthy were in this country as well as the characteristics and habits that made them so. With Millionaire Women Next Door, he now focuses on one of the least understood but increasingly rich demographics.

"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 every bit as informative and inspirational as the author's earlier works. Stanley's thoroughly researched findings and conclusions will fascinate readers everywhere. They'll definitely come away more knowledgeable and greatly inspired by women who have found the key to riches.

Book 3 of 3

Millionaire Set
Print length

320 pages
Language

English
Publisher

Andrews McMeel Publishing
Publication date

May 1, 2004
Dimensions

6.5 x 1.75 x 9.5 inches
ISBN-10

0740745328
ISBN-13

978-0740745324
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Editorial Reviews

About the Author

Dr. Thomas J. Stanley began studying the affluent in 1973. His coauthored New York Times best-seller, The Millionaire Next Door, was released in 1996, and has sold over 2,500,000 copies worldwide. Thomas followed his first book with Marketing to the Affluent, ranked among the ten outstanding business books by the editors of Best of Business Quarterly. His second New York Times best-seller, The Millionaire Mind, explored America¨s financial elite and how they became so when it came out in 1999. The author, who lives in Atlanta, holds a doctorate of business administration from the University of Georgia in Athens and was formerly a professor of marketing at Georgia State University.

Dr. Thomas J. Stanley began studying the affluent in 1973. His coauthored New York Times best-seller, The Millionaire Next Door, was released in 1996, and has sold over 2,500,000 copies worldwide. Thomas followed his first book with Marketing to the Affluent, ranked among the ten outstanding business books by the editors of Best of Business Quarterly. His second New York Times best-seller, The Millionaire Mind, explored America¿ s financial elite and how they became so when it came out in 1999. The author, who lives in Atlanta, holds a doctorate of business administration from the University of Georgia in Athens and was formerly a professor of marketing at Georgia State University.

Product details

Publisher ‏ : ‎ Andrews McMeel Publishing (May 1, 2004)
Language ‏ : ‎ English
Hardcover ‏ : ‎ 320 pages
ISBN-10 ‏ : ‎ 0740745328
ISBN-13 ‏ : ‎ 978-0740745324
Item Weight ‏ : ‎ 1.4 pounds
Dimensions ‏ : ‎ 6.5 x 1.75 x 9.5 inches

Best Sellers Rank: #265,026 in Books (See Top 100 in Books)
- #693 in Budgeting & Money Management (Books)
- #1,204 in Motivational Management & Leadership
- #3,322 in Success Self-Help

Customer Reviews:
4.5 247 ratings

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Thomas J. Stanley

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Dr. Thomas J. Stanley (1944-2015) was the author of seven award winning books concentrating on America's wealthy population and was the foremost authority on the affluent. His last book, The Next Millionaire Next Door, was published posthumously in October 2018 and co-authored by Dr. Sarah Stanley Fallaw.

He began studying the affluent in 1973. Dr. Stanley's first book, Marketing to the Affluent, was selected as a top ten outstanding business book in America by the editors of Best of Business Quarterly. Dr. Stanley wrote The Millionaire Next Door in 1996. Over 4,000,000 copies of this New York Times bestseller have been sold. In 2000, he published The Millionaire Mind, which explored America's financial elite and how they became so. The Millionaire Mind debuted at #2 on the New York Times bestseller list. His other works included Selling to the Affluent, Networking with the Affluent, Millionaire Women Next Door, and Stop Acting Rich.

The author lived in Atlanta, held a doctorate of business administration from the University of Georgia in Athens and was formerly a professor of marketing at Georgia State University. Visit Dr. Stanley's website at www.thomasjstanley.com for more information on his life and work.

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4.5 out of 5

247 global ratings

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Diane

Hopeful, helpful, and riveting book

Reviewed in the United States on July 1, 2004

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If you're a woman who didn't quite see yourself in The Millionaire Next Door, there's hope. Women are different than male millionaires in several important ways. For example, the typical male millionaire has married once and remains married, but over half of female millionaires have been divorced. Women are also more generous than men.
The book mainly talks about business owners becoming wealthy, but it also talks about alternatives to business ownership. Stanley profiles a star saleswoman, educators (a wealthier group than you realize), and stay-at-home women who act as managers of their "family office". He also discusses parenting your children so they can develop a millionaire mindset. Many situations are presented in this book, so you can probably find something that will apply to you.

As for helpful advice, the author points out cautions women need to consider. Women need to watch out for the "Marginal Bob" worthless first husbands. Women also often provide continued financial support to their grown children and grandchildren. This "economic outpatient care" hurts both parents and children.
I enjoyed reading this book. It was well written and thoroughly researched. I will buy more copies for graduation gifts.

60 people found this helpful

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Soj

Looks at most of the businesses women own and how much profit there is in each.

Reviewed in the United States on February 21, 2021

Verified Purchase

Everyone should read this book and THE MILLIONAIRE NEXT DOOR. They don't tell you where to invest your money or what to invest it in. Instead they tell you how to avoid the mistakes that keep people from being able to retire comfortably. Well written and easy to understand. Well worth the time it takes to read it.

8 people found this helpful

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AmazonAddict

Smart read, flaws and all...

Reviewed in the United States on March 9, 2008

Verified Purchase

This book is definitely worth a read for two reasons:
(1) the subject matter is an area where there just aren't a lot of books, and
(2) this book says some of the non-politically correct things that most books / shows / people in society like to side step, but that its really validating to hear.

Like his other books, his focus is almost entirely on self-made women, rather than those who come from financial means. I was a bit startled to read that one woman's mother told her to pick a job working with men - not competing with women - because the work and pay would be better. Hadn't heard that from anyone but my own grandmother - and it's proven to be some of the best career advice I ever received.

On the other hand, this book did feel much less organized and less thoroughly researched than Stanley's earlier books. Like some reviewers have noted, there is a chapter on a dyslexic gentleman who does well for himself. It's a good story, but leaves the reader wondering why it's in THIS book, exactly.

The tone can be rather patronizing - it acknowledges that women's relationships can be a huge factor in how they save money (working at home v. careers, dodging the egos of husbands and male coworkers, etc.), but it also very clearly and supportively acknowledges a woman's need to be capable of financial independence. You walk away from the book feeling like a woman's best option is to achieve as much as a man does, but keep her mouth shut about it. Which may be true - if it is, kudos for having the guts to say it. But either way, I'd have preferred a little more examination of the socio-economic factors that come into play in this regard, since based on the author's coverage, it's a bigger factor for women than the millionaire men he's covered previously.

I'd also have loved a more in-depth look at HOW women make the money, rather than how it affected them to have the success that they did. Other than an admittedly great story about ONE car saleswoman, we don't get much of a look at the in-depth beliefs and daily work habits of these women. Instead, we get an in-depth look at their upbringings, their marriage habits ... which is all well and good, but it'd be better with both the past and the present (financial and non-) being examined.

The reader gets jumped from investigations of millionaire women's relationships and upbringings, to their professional choices, spending habits, bits of wisdom, etc. and it all is never really tied together as a cohesive whole. It seems that he just grabbed a cool story here, a reader's letter there, and made a passing grab at a spreadsheet or two, and threw it all together for the reader to sort out.

The book is a definite potluck - a little bit of everything. But the individual components are very interesting, very rare, and its information that I - and a lot of other women - are definitely interested in hearing. I've recommended it quite a bit. It's well worth wading through the hotchpot of goodies to pick and choose the items that motivate and instruct you.

27 people found this helpful

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Professional Ed Resource

Have your daughters, …..and sons, read this text!

Reviewed in the United States on July 10, 2023

Verified Purchase

The full packet of information, but with a very positive feminine focus.

2 people found this helpful

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Boru Judas Dederich

Great subject, but lacked content and too marketed

Reviewed in the United States on August 1, 2011

Verified Purchase

Like most here, I greatly enjoyed MMND. Seeing my wife started to do well, I bought MWND for her...but I couldn't help reading it.

OMG...the author really did repeat the same notions over and over...apparently to *reach* the female audience. To show them that he understands how they feel. That is condescending and a big waste of the readers' time.

Still, the content that is there (minus the repeative parts) is very good if you are serious about becoming wealthy.

Specifically, I was very interested by the comparison of women raised by nuturing parents to women not raised in nuturing parents. The difference is very motivating in creating nuturing environments in one's *present* life...something that is fairly easy to overlook...not only in relationships, but also physically (office space, no clutter, nutrition, exercise, etc.).

10 people found this helpful

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Elizabeth

Very good future ahead of me

Reviewed in the United States on February 13, 2006

Verified Purchase

I absolutely loved this book! When I originally read Stanley's Millionare Next Door, I was put off that all the data was regarding men (but that it is still a very good book). I was suprised to stumble on this book and am very glad that I did!

Recently, before reading the book, I made the assumption that for women, money correlates with charity. Look at Susan Sarandan w/ the Heffer program and Oprah w/ her various charity beliefs...Awesome women who know how to give back to the world.

I feel it in my bones that this book is one of the variables in my life to lead me to success. It has opened my eyes and confirmed my assumptions to obtain success. And has also provided me w/ many other aspects and details I found interesting.

This is a definite book to have in your collection if you are serious about obtaining success. Not just monetary success but happiness w/in yourself and the community/world you live in.

33 people found this helpful

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Hard Rock Girl

Great book, but learn what a UAW, AAW and PAW is.

Reviewed in the United States on September 19, 2015

Verified Purchase

It is an awesome book. My suggestion is to know what an AAW is an Average accumulator of wealth a UAW is an Under accumulator of wealth and a PAW is a Prodigious accumulator of wealth. I'm reading it on the kindle so I couldn't just page back to easily and he talks about this a lot throughout the book. So much that I googled what they were.and wrote them down. So if you get the book write these down so you can remember them as well.

12 people found this helpful

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