If you read the books "The Millionaire Next Door" or "The Millionaire Mind" you may be surprised to learn that most millionaire's are just ordinary people.
The majority of millionaires aren't living in gaudy mansions or driving Ferrari's. They have average sized homes and drive Ford F150's. They DON'T regularly drink champagne or eat caviar. They drink beer and eat hot dogs. They DON'T wear designer clothes they wear Levi jeans.
In a 10 part series we will discuss the misconceptions many people have about being a millionaire. Truths that may just burst your wanting to be a millionaire bubble.
In part 7 we learn that most millionaires say they were a B student. According to the book "The Millionaire Mind," The average college grade point average for millionaires is 2.9 and the average SAT score is 1190, hardly Harvard material. According to the American Express/Harrison Group study, 59 percent of millionaires attended a college or university.
Millionaires rank hard work, followed by education, determination and treating others with respect when asked to list the keys to their success. Jim Taylor, vice chairman of the Harrison Group says, they also say what they absorbed in class was less important than learning how to study and stay disciplined. Forty-eight percent of millionaires hold an advanced degree, and elite colleges do open doors to Wall Street and in Silicon Valley. For every PH.D millionaire, there are many more who squeaked by. Robert Kiyosaki says, "we cheated like crazy." The only way he survived college calculus was by sitting by the smart kids.
Your Mom is right when she says good grades were the key to success...just not necessarily a big bank account.
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