Bookshelf: Millionaires and football philosophy
Oct. 9, 2009 at 5:09 a.m.
You can learn how the rich really live, how one renowned football coach approached leadership and some new strategies to put to use when searching for a job with three new books that explore these diverse themes.
Researcher Thomas Stanley walks readers through hisfindings uncovering the surprising spending habits of the wealthy. The late coach Bill Walsh dishes on his philosophies about professionalism and other aspects of leadership that helped him transform the San Francisco 49ers into a football dynasty. And career coaches Richard and Terri Deems help job hunters turn their experience into ammunition for finding their dream jobs.
Here's a look at the new titles:
TITLE: Stop Acting Rich and Start Living Like a Millionaire
AUTHOR: Thomas J. Stanley
SUMMARY: Being a millionaire is not about fancy cars, expensive watches, fine dining or top-shelf liquor, Thomas Stanley argues.
Building on the sort of research results he previously reported in the "The Millionaire Next Door" and its follow-up books, Stanley explores the behaviors of millionaires and extrapolates how people who aspire to be wealthy ought to act.
Using findings from surveys of wealthy people, Stanley explains, for instance, that most millionaires don't drive BMWs, wear Rolex watches or live in million-dollar homes. He also explores the cultural impact of what he calls "the glittering rich," the celebrities whose extravagant lifestyles many people try to emulate.
In trying to live like those who have enormous wealth, he argues, ordinary people actually set themselves back and make true financial security more elusive. And since financial security is what his research shows provides for happiness, he concludes that a more frugal lifestyle that enables people to build wealth will make them happier than any Mercedes or bottle of Grey Goose vodka.
The book can be repetitive in spots but it contains some surprising data that makes for a convincing argument supporting a simple lifestyle as a path to security.
QUOTE: "I don't mean to suggest that one live like a miser; the occasional guilty pleasure is perfectly acceptable. If you work hard and save accordingly, you should enjoy a treat from time to time. The problem is that people have come to enjoy the guilty pleasure every day to the exclusion of working for a financially independent future."
—Eileen AJ Connelly
TITLE: The Score Takes Care of Itself
AUTHOR: Bill Walsh, with Steven Jamison and Craig Walsh
SUMMARY: Before his death, legendary NFL coach Bill Walsh discussed his philosophy on leadership in a series of interviews. Now those interviews have been turned into a book, written from Walsh's perspective, and drawing on his experience as a transformative figure for the San Francisco 49ers and football strategy.
In discussing the importance of professionalism, for instance, Walsh recounts how he didn't allow players to showboat or taunt the other team on the field. At the 49ers headquarters, phones had to be answered promptly and courteously. Walsh says the rules, big and small, eventually helped infuse the entire organization with an atmosphere of professionalism.
Interspersed throughout the book are insights from former colleagues, including assistant coaches Bill McPherson and Mike White.
QUOTE: "There is no guarantee, no ultimate formula for success. However, a resolute and resourceful leader understands that there are a multitude of means to increase the probability of success. And that's what it all comes down to, namely, intelligently and relentlessly seeking solutions that will increase your chance of prevailing in a competitive environment. When you do that, the score will take care of itself."
TITLE: Make Job Loss Work for You
AUTHOR: Richard S. Deems and Terri A. Deems
PRICE: $12.95 (paperback)
SUMMARY: Using their experience working people making career changes, some pop psychology and some traditional advice, the authors put together a helpful book for those who find themselves looking for work.
The book aims to help unemployed readers focus on their accomplishments at work in order to better define what they want to do. Readers are prompted to answer numerous questions and to come up with specific achievements in measurable terms — information that can later be translated into lines on a resume or cover letter.
The couple offers both traditional wisdom about organizing a job search and some unconventional advice, including the suggestion that resume writers add positive quotes from co-workers or clients to their resumes. And there's a section that reviews the sorts of questions a job seeker may have to answer during an interview.
QUOTE: "If you've not been happy or satisfied doing what you've been doing, now's the time to think through your options and design your future."
—Eileen AJ Connelly