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Unique profiles, anecdotes increase Millionaire Womens net worth

Editors note: Teresa Esser will be joining WTN as a weekly columnist. Her column, The Venture Caf, will feature profiles, interviews, book reviews and opinion articles related to entrepreneurship and venture capital. Particular emphasis will be given to the psychology of entrepreneurship and the lifestyle issues associated with running one's own business.

Unlike his previous......

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Reading Millionaire Women leads one to believe that the goal of making money is not to impress one's neighbors, but rather to build financial security over the long term. To this end, Stanley describes an elderly farm couple that lives in a simple farmhouse and drives a rusty, 20-year-old pickup. Although the couple have never paid themselves more than $70,000 in any given year, the......

Full article >>> when he lapsed into jargon. He annoyed me when he used phrases like "balance sheet affluent" and "income statement affluent" to distinguish between true "prodigious accumulators of wealth" and the lesser mortals who spend every penny they earn. A better writer would have cut the self-referential jargon and packed his pages with more profiles.

I'll never understand why Stanley divided his......

Full article >>> Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen is written by Thomas J. Stanley and published by Andrews McMeel Publishing, 2004.

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'"/> By Teresa Esser 07/19/04

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