The Education of Millionaires, Michael Ellsberg
The Education of Millionaires, Michael Ellsberg
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The Education of Millionaires
It's Not What You Think and It's Not Too Late

Author: Michael Ellsberg

Narrator: Erik Synnestvedt

Unabridged: 9 hr 42 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 01/17/2012


Synopsis

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 in 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 cofounder 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 $1,000 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 clerk with no college degree to owner of Treasure Island on the Vegas Strip.
How John Paul DeJoria went from homelessness to billionaire as the 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 on 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, whether you're a high school dropout or a graduate of Harvard Law School.

Reviews

Goodreads review by Aman on July 17, 2013

This book essentially boils down to a number of simple ideas: 1. Being good at something does not mean you'll become wealthy, and going to college or university isn't a free ride to the good life. 2. Leaning how to be successful (ie, earn money from) an activity is as valuable as becoming adept at tha......more

Goodreads review by Ryan on July 05, 2012

As a person who considers the day I dropped out of college the first real day of my education, this book told me a lot I already knew. But, I'm not a millionaire so I did learn plenty. Basically, Ellsberg flew around the world meeting billionaires and millionaires--most of whom were rejected or ejec......more

Goodreads review by Nick on November 05, 2011

Author Michael Ellsberg masterfully puts together a hard-hitting book that tackles the question, "What education or knowledge is necessary to lead a successful life?". It may surprise you like it did me that that answer has little to do with what you learn in school. Michael lays out his 7 success s......more

Goodreads review by Andrew on March 03, 2015

If you are happy with your meaningless job, college education, and mediocre life... Don't read this book. It challenges everything society thinks is normal. On the other hand, if you don't want to be chained to the miserable prison of middle class mediocrity, or if you're strongly interested in how p......more

Goodreads review by Tom on January 20, 2013

I thought the general idea of this book was great, college no longer provides students with a practical holistic education that prepares you for the modern job market (which no longer resembles the post-war US society where employees are lifers at corps like GE). Maybe I unfairly took issue with the......more