69 of 78 people found the following review helpful
More Like An Introduction to a Concept Without Providing Details.,
This review is from: How Rich People Think (Kindle Edition)
This book wasn't what I expected. I had no idea what it was about until I
actually received it in the mail, and when I saw the cover I was afraid it might be another one of those business books on how to be a super salesperson. Over my various careers I've found most of those lectures to be a total waste of valuable time. If the techniques worked as well as they claim they wouldn't be wasting their time sharing their business secrets.
Fortunately, this one was not about super sales techniques. It was a straightforward motivational book. It was written by a "child tennis prodigy who on the National Junior Tennis Tour from 1971 to 1982." He won 57 singles and doubles titles. The book author later played NCAA Division l Tennis. "He played professionally for two years and was ranked among the top 500 players in the world. After his retirement he became a top coach to junior tennis players specializing in Mental Toughness Training."
Most of his previous books refer to his "Mental Toughness Training." He is also a very successful keynote speaker on that philosophy.
This volume "isn't about money. It's about thinking. Each short chapter represents one of the lessons I've learned over the past 26 interviewing some of the richest people in the world. Every chapter compares the `middle class' and `world class.'" Mr. Siebold makes his living lecturing on how the average person (members of the masses) is different than the world-class thinkers who become rich.
The book is composed of 100 short, two-page chapters totaling 206 pages plus about 20 additional reading lists and advertisements for his motivational products. These chapters mostly examine a single difference between the way the author says the rich think and how the non-rich view the same thing.
The chapter headings are like an outline. "Middle class thinks about money in linear terms...World class thinks about money in non-linear terms...; Middle class believes that money is the root of all evil...World class believes poverty is the root of all evil...; Middle class believes the road to riches is paved with formal education...World class believes the road to riches is paved with specific knowledge...; Middle class believes rich people are workaholics...World class knows millionaires have lot of fun...; Middle class believes ambition is a sin...; World class believes ambition is a virtue...etc, etc." The list of chapter headings is like a speaker's outline notes of what he plans to cover in his speech.
Most readers will find many of these chapters redundant. And the book seems to lack even a single example of just what the author means when he states, "World-class thinkers direct their mental energy toward accumulating wealth through serving people and solving problems." That's the same philosophy that this reviewer learned in his church, but it was better defined there. Everyone wants to accumulate wealth through providing people with a valuable service or product or solving humanity's problems.
This reviewer measures all books about millionaires on a mental yardstick that compares them. The best book this reviewer ever found on how to become a millionaire was The Millionaire Next Door by Thomas J. Stanley and William D. Danko. I liked what it said and the insights it provided well enough to give away nearly 100 copies of it to my family and friends over the years. That book provides real, concrete insights into what makes a millionaire tick, who they are and how they made their money doing everyday things that most people can copy in the wonderful Capitalistic System America enjoys. Alas, this book doesn't.
This is a motivational book that explains how important it is to think outside the box and avoid the many traps and false myths discouraging and preventing the masses from even trying to become a millionaire. It also pops many of the myths that disparage people who make a fortune. The author points out that these people make their fortunes by "serving people and solving problems" over and over and over again. Okay, just what does the author mean by that expression? This volume seems almost like the first volume in a set of books or first half of a larger book that provides considerably more examples as is done in the above-mentioned The Millionaire Next Door. This is an introduction. It appears that the reader is going to have to buy additional books or attend some of the author's motivational lectures and workshops to get further, more detailed explanations.
Otherwise the book is a fine introduction to thinking more like "rich people" than the average members of the masses do. Each chapter also provides other useful books on the secrets of building great wealth. It only takes a couple of hours to completely read the book and its easy reading. This reviewer read it over two days while riding an exercise bike at the gym for a couple of hours.
It would have been a nice touch if the author had mentioned that a million dollars really isn't all that much money in today's world of inflation. That's why most people don't know that many of their local, hardworking neighbors are already millionaires. This reviewer sees neighborhood billionaires every morning in the local Starbucks, Dunkin Donuts and local greasy spoon cafes and most people wouldn't even recognize them. When traveling around without bodyguards, these rich folks are just like the rest of us.