Book Review: The 10 Distinctions between Millionaires and the Middle Class

‘The 10 Distinctions between Millionaires and the Middle Class’
By: Keith Cameron Smith
Ballantine Books

I guess the first thing in this book which would attract readers would be its title. Isn’t it so? But I think what will actually attract us towards this book would be our own wish to be successful in life. As the author writes, “The purpose of life is not to HAVE success, but to BE successful”. And he goes on to tell his own life stories and stories of others, all which would lead us to be successful in life.

I would list own the 10 ‘distinctions’ which the book elaborates. I would leave the explanation to your guess and if you are more curious, definitely the book is not beyond reach.

1) Millionaires think long term. The middle class thinks short-term.
2) Millionaires talk about ideas. The middle class talks about things and other people.
3) Millionaires embrace change. The middle class is threatened by change.
4) Millionaires take calculated risks. The middle class is afraid to take risks.
5) Millionaires continually learn and grow. The middle class thinks learning ended with school.
6) Millionaires work for profits. The middle class works for wages.
7) Millionaires believe they must be generous. The middle class believes it can’t afford to give.
8) Millionaires have multiple sources of income. The middle class has only one or two.
9) Millionaires focus on increasing their net worth. The middle class focuses on increasing its paychecks.
10) Millionaires ask themselves empowering questions. Middle class people ask themselves disempowering questions.

I highly recommend this book to all who want to learn from others’ success.

- Rahul