Like anyone else, I have always been intrigued how others acquire their wealth. The best practices of people who make millions yearly, is something that I have been widely studying.
Recently, I picked up New York Times Best Seller “The Millionaire Mind” by Thomas J. Stanley, Ph.D. The book is very interesting and enlightening. Dr. Stanley shows, through hundreds of surveys conducted, what millionaires accredit to achieving their financial freedom.
To my surprise, integrity is one of the leading reasons why these millionaires have their wealth. Within the integrity realm, being honest with all people is at the top of the list. This squashes many folks’ theory that to acquire wealth you must be dishonest.
Another whammy for me was the high concentration on getting along with people – or being a people person, to acquire wealth. You can make money not being nice to people, but it is harder and takes longer. Who wouldn’t want to work for or with someone who naturally and generally gets along with others?
The last fact that I found very interesting was the majority of millionaires surveyed also certify being physically fit as a reason for their wealth. Being in good shape helps you in business. The reasoning behind this is that it keeps a person energized and on their toes. It also is a tactic that makes all the haters (critics) upset.
There are many other things accredited to the millionaire’s wealth, but these three factors; integrity, social skills and physical fitness, were the most interesting to me.
These things, among others, made me realize that being wealthy has absolutely nothing to do with GPAs or SATs. It also made me realize that you don’t have to be an heiress to get there. Many of the millionaires surveyed started from ground zero to make the millions they now have today.
I know you’re probably saying to yourself, “what does this book have to do with you as a writer?”
It has everything to do with me as a writer.
Many statistics say that unless you are the Stephen King’s or James Patterson’s of the world, the odds of you making hundreds of thousands, let alone millions, is highly unlikely. Many writers don’t even earn enough to make ends meet.
It’s not all about money because anyone who knows me knows that I honestly love to write and love to be a part of the literary world. That just brings me to another point made by the survey, a very high percentage say that you must love your vocation in order to truly acquire wealth from it.
When it comes to me, my career, and my business; I have never wanted to be like everyone else, lost in the fray of things. I have never liked being average. And I would like to be the anomaly of the writer’s statistics.
What this book is showing me, is that I can become wealthy as a writer because by the survey’s standards of the book, I actually have a “millionaire mind”. The only thing I need to do is to execute the intellect that I already have and use it to bring my words into fruition.
So with all that being said, I must get back to work. ;-)
Until next time.