Sunday, June 9, 2013

Top 10 Distinctions Between Millionaires and the Middle Class

Last weekend, I read The Top 10 Distinctions Between Millionaires and the Middle Class by Keith Cameron Smith.  I would highly recommend this small book.  Some of the key distinctions include:
  • Millionaires think long-term (1,5 & 10 years) which develops perseverance; the middle class thinks short-term (month to month) and tend to quit when things don't work out
  • Millionaires take risks, the middle class is afraid to take risks
  • Millionaires work for profits, the middle class works for wages (this was one of the biggest contrasts that stood out to me)
  • Millionaires have multiple sources of income; the middle class has only one or two (ironically, in encouraging the reader to develop multiple sources of income, the first possibility he mentions is direct sales/network marketing)
If you want to purchase the book, you can find it here on Amazon.com The Top 10 Distinctions Between Millionaires and the MIddle Class


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