Yes, some millionaires inherited some or all of their wealth. Big Ideas I Loved From the Book Most Millionaires Are First Generation Rich living below your means, investing), and building wealth. When it comes to money, I tend to think this applies less than normal, because it’s easy to point out the mechanistic connection between many habits of the wealthy (e.g. There’s a potential flaw in the premise though: What if not everyone who followed the same strategies ended up wealthy? Many books and articles are based on this premise. It seems reasonable: If you want to be rich, find out what the rich did and copy them. The information from the book comes from studies done by the authors that consist of interviews of millionaires. Survivorship Biasīefore we break down the big ideas that I love from the book, a word of caution. The book also gives some counter-intuitive advice for how to conduct yourself in order to have the best chances to accumulate wealth. The subtitle- The Surprising Secrets of America’s Wealthy-is what we would call “click bait” in the internet age (“Surprising” and “Secret” are classic click bait words). Secrets Of The Millionaire Mind Book Review
