In my last blog, I highlighted an e-mail I received proposing that the material in The Millionaire Mind be included in high school curriculums. However, this material would not likely be considered for such programs. The respondents profiled in The Millionaire Mind represented the top 1% of wealth holders in America [a net worth and income of more than three times that of those profiled in The Millionaire Next Door]. I wrote The Millionaire Mind in response to people who urged me to study those with substantial amounts of wealth who “don’t live like monks.”
This by itself may turn off some educators. But there are more significant issues. Respondents were asked to rank the importance of 30 success factors in terms of explaining their substantial economic achievements. Rated least important (30th) was “graduating near/at the top of my class.” The top five were: integrity, discipline, social skills, a supportive spouse and working harder than others.
I also asked these multimillionaires the following: During your high school years, how do you think your teachers in general judged or evaluated you? The percentage of these millionaires who indicated that their teachers were likely to judge them as the most intellectually gifted-11%; having the highest level of intelligence-12%; being most likely to succeed-20%, and having the highest grade point average-10%.
Interestingly school experiences often motivated millionaires to succeed financially. These experiences helped them forge tenacity. Fully 76% said that they were influenced by understanding that hard work is more important than high genetic intellect in achieving success. And most millionaires never allowed poor grades to destroy their goal to succeed.