The Education of Millionaires

The Education of Millionaires

It's Not What You Think and It's Not Too Late

Book - 2012
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Penguin Putnam

The myth: If you get into a good college, study hard, and graduate with excellent grades, you will be pretty much set for a successful career.
The reality: The biggest thing you won't learn in college is how to succeed professionally.

Some of the smartest, most successful people in the country didn't finish college. None of them learned their most critical skills at an institution of higher education. And like them, most of what you'll need to learn to be successful you'll have to learn on your own, outside of school.

Michael Ellsberg set out to fill in the gaps by interviewing a wide range of millionaires and billionaires who don't have college degrees, including fashion magnate Russell Simmons, Facebook co-founder Dustin Moskovitz and founding president Sean Parker, WordPress creator Matt Mullenweg, and Pink Floyd songwriter and lead guitarist David Gilmour. Among the fascinating things he learned:

  • How fashion designer Marc Ecko started earning $1000 a week in high school with his own clothing business, and later grew it into an empire.
  • How billionaire Phillip Ruffin went from lowly department store employee with no college degree, to owner of Treasure Island on the Vegas Strip.
  • How John Paul DeJoria went from homelessness to billionaire as founder of John Paul Mitchell Systems Hair Care Products.

    This book is your guide to developing practical success skills in the real world. Even if you've already gone through college, the most important skills weren't in the curriculum-how to find great mentors, build a world-class network, learn real-world marketing and sales, make your work meaningful (and your meaning work), build the brand of you, master the art of bootstrapping, and more.

    Learning the skills in this book well is a necessary addition to any education. This book shows you the way, whether you're a high school dropout or a graduate of Harvard Law School.

Baker & Taylor
Draws on interviews with a wide range of successful, wealthy individuals who never attended or finished college, identifying their winning principles and mindsets to counsel readers on such areas as networking with high-powered mentors and designing a lucrative career path. 15,000 first printing.

& Taylor

Draws on interviews with successful, wealthy individuals who never attended or finished college, identifying their winning principles to offer advice on networking with high-powered mentors and designing a lucrative career path.

Publisher: New York : Portfolio/Penguin, c2012
ISBN: 9781591844204
Characteristics: xi, 258 p.; 24 cm


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Jul 21, 2013

Yes, both Gates and Zuckerburg dropped out of Ivy League school, also known as the criminal factory. Then they both predominantly hired Ivy League grads and top b-school grads - - so you'd better either be a Gates or Zuckerburg, with their connections. Now Zuckerburg, and the occasional Microsoft person, attends the international banker forum called the Bilderbergers. Hurray, hurray! There, perhaps they learn ever greater criminal techniques and such. Reverse engineer the achievements of others, steal operating systems, use close relatives to get your financing (preferably have an uncle who is a vice-president of a bank, and so on and so on). Yes, real rags-to-riches types exist (albeit somewhat rarely) - - case in point, Joshua Levine (, but he came in contact with the right people at the right time - - and that's where the random factor comes in!

Oct 08, 2012

A great read. The author gathers a number of different sources to give you some valuable ideas and much food for thought. Just finished reading it today - I must say it left me feeling very inspired. Recommended.

Mar 03, 2012

Thanks PatEe! Looks like it's not available in my library system, and I won't go out of my way to find it!

Mar 03, 2012

Just another self proclaimed genius, who hasn't reached adulthood yet, who is gutsy and made a fortune.
Don't bother unless you're into smooth marketing and sell, sell, sell, sell, sell......


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