Monday, March 16, 2009

Book Review-The Top 10 Distinctions between Millionaires and the MIddle Class by Keith Cameron Smith

This is a small , tiny 112 page book! It is well written with some very valid points! Who can't love a book that is useful and that gets right to the point? Since it is so short, I am not really going to review the book for you technically. I am going to list the 10 distinctions he wants to emphasize that are different between the rich or the middle class. They are essentially the chapter titles as well. You can glean a good bit of insight and info from the 10 points themselves. So here they are:
  1. Millionaires ask themselves empowering questions. Middle-class people ask themselves disempowering questions.
  2. Millionaires focus on increasing their net worth. The middle class focuses on increasing its paychecks.
  3. Millionaires have multiple sources of income. The middle class has only one or two.
  4. Millionaires believe they must be generous. The middle class believes it can't afford to give.
  5. Millionaires work for profits. The middle class works for wages.
  6. Millionaires continually learn and grow. The middle class thinks learning ended with school.
  7. Millionaires take calculated risks. The middle class is afraid to take risks.
  8. Millionaires embrace change. The middle class is threatened by change.
  9. Millionaires talk about ideas. The middle class talks about things and other people.
  10. Millionaires think long term. The middle class thinks short-term.

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