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It’s no secret that these hard times have been even harder for the Black community.
Approximately 35 percent of African Americans had no measurable assets in 2009, and 24 percent of these same households had only a motor vehicle. Dennis Kimbro, observing how the weight of the continuing housing and credit crises disproportionately impacts the African-American community, takes a sharp look at a carefully cultivated group of individuals who’ve scaled the heights of success and how others can emulate them. Based on a seven year study of 1,000 of the wealthiest African Americans, The Wealth Choice offers a trove of sound and surprising advice about climbing the economic ladder, even when the odds seem stacked against you. Readers will learn about how business leaders, entrepreneurs, and celebrities like Bob Johnson, Spike Lee, L. A. Reid, Herman Cain, T. D. Jakes and Tyrese Gibson found their paths to wealth; what they did or didn’t learn about money early on; what they had to sacrifice to get to the top; and the role of discipline in managing their success. Through these stories, which include men and women at every stage of life and in every industry, Dennis Kimbro shows readers how to:
· Develop a wealth-generating mindset and habits
· Commit to lifelong learning
· Craft goals that match your passion
· Make short-term sacrifices for long-term gain
· Take calculated risks when opportunity presents itself
Books with free ebook downloads available Download The Wealth Choice: Success Secrets of Black Millionaires [Kindle Edition]
It's surprising that so many people would rate this book five stars and state that it's a must read. It's actually one of those books that I have grown to try to avoid.
After reading many books on business and developing wealth, I've learned to weed out the books that talk about absolutely nothing. If you read think and grow rich or any of the other books that focus on the the law of attraction and a kind of religious aspect to becoming wealthy you don't really need to read this book. It goes over similar concepts and doesn't necessarily give any real insight on how to develop wealth. The assumption is that wealth would come to you if you believe in god and are persistent.
If you read his earlier book, Think and grow rich: The black choice, don't waste time with this book. It's basically the same book with new stories. The author even admits that he has not been able to develop wealth implementing the practices that he preached in his books.
If you are simply looking for inspiration or motivation from an African American context then you should check out this book. But if you're an actual business person looking for business knowledge or if you're not into religion, you probably wont enjoy this book.
By Julius
This is an awesome resource to see how the best did it. Their combined stories share a common thread of being in a place of humble beginnings but choosing to not let their temporary impoverished position dictate their final status in life. This is a must read for all that want to propel to financial success!
By Amazon Customer