The Millionaire Dropout Book Summary - The Millionaire Dropout Book explained in key points
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The Millionaire Dropout summary

Vince Stanzione

Fire Your Boss, Do What You Love, Reclaim Your Life!

4.2 (73 ratings)
25 mins

Brief summary

The Millionaire Dropout by Vince Stanzione is a guide to achieving wealth through investing in stocks, shares, and property. It provides insights into the author's own success story and strategies for taking control of your financial future.

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    The Millionaire Dropout
    Summary of 9 key ideas

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    Start turning your life around by breaking out of your comfort zone.

    Do you love your life the way it is right now? Do you earn more than you’ll ever need and feel fulfilled by your job? If your answers to these questions are “yes,” then congratulations – you can stop reading right now! But what if you sometimes wake up dreading work or struggle to stretch your paycheck to cover all your wants and needs? Well, welcome to the club. Like millions of others, you’re not living your best life. But that’s about to change.

    Let’s get one thing clear from the get-go: turning your life around won’t be easy. Change is a long and occasionally arduous journey – but that can’t come as too much of a surprise. Whether it’s overeating, drinking too much, failing to save money or giving up on learning, most of us spend a good twenty or thirty years messing up our lives. Tidying that up takes time and effort. But here’s the silver lining: it can be done.

    So where do you start? Well, as an old Chinese proverb has it, a journey of a million miles begins with one step. The first item on your travel itinerary is breaking out of your comfort zone. It’s the most familiar place in the world and includes everything that has become so routine you do it on autopilot: commuting, grinding out another day at the office, watching TV on the sofa in the evenings and sleeping for as long as possible before it all restarts the next morning.

    The truth is that most people live in their comfort zones. They regard it as both acceptable and normal because they’ve given up on their old dreams. They’ve lost all hope of doing something dazzling and achieving fame and fortune – in other words, they’ve come to terms with the fact that their highest priority is simply getting by. It was this which moved Benjamin Franklin to remark that “most men die at 25, we just don’t bury them until they’re 70.”

    Think of this as your wake-up call. Your time on earth is too precious to spend it simply existing. In the following blinks, we’ll be taking a closer look at how you can get out of your rut and start truly thriving. First, let’s get down to basics and ask the most important question of all: What do you actually want?

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    What is The Millionaire Dropout about?

    The Millionaire Dropout (2013) is an inspirational how-to manual for anyone ready to increase their income and their standard of living. Based on self-made multimillionaire Vince Stanzione’s first-hand experience of bootstrapping himself to success, these blinks will guide you through the difficult but ultimately rewarding journey of turning your life around and making the most of your potential.

    The Millionaire Dropout Review

    The Millionaire Dropout by Vince Stanzione (2013) is a compelling book that offers practical advice on building wealth and achieving financial success. Here's why this book is worth reading:

    • Full of actionable strategies, it equips readers with the tools to create their own successful business and financial independence.
    • By sharing real-life examples and personal experiences, the book offers valuable insights that make it relatable and applicable to readers' lives.
    • With its down-to-earth approach and engaging storytelling, this book keeps readers captivated, ensuring that learning about wealth creation is anything but boring.

    Best quote from The Millionaire Dropout

    Your present circumstances dont determine where you can go; they merely determine where you start. – Nido Qubein

    —Vince Stanzione
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    Who should read The Millionaire Dropout?

    • Entrepreneurial self-starters
    • Anyone in a rut looking for a jumpstart
    • Would-be internet moguls

    About the Author

    Anglo-American author and businessman Vince Stanzione started out as an apprentice hairdresser before making his fortune in the heady days of the Thatcherite financial revolution in London. After going bust in the financial crash of 1987, he rebuilt his empire by focusing on mail order businesses and commodity trading. His debut title The Millionaire Dropout is a New York Times bestseller.

     

    © Vince Stanzione: The Millionaire Dropout copyright 2013, John Wiley & Sons Inc. Used by permission of John Wiley & Sons Inc. and shall not be made available to any unauthorized third parties.

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    The Millionaire Dropout FAQs 

    What is the main message of The Millionaire Dropout?

    The main message of The Millionaire Dropout is to challenge conventional wisdom and create financial success on your own terms.

    How long does it take to read The Millionaire Dropout?

    The estimated reading time for The Millionaire Dropout varies depending on your reading speed. However, the Blinkist summary can be read in just 15 minutes.

    Is The Millionaire Dropout a good book? Is it worth reading?

    The Millionaire Dropout is worth reading as it provides valuable insights and practical strategies for achieving financial independence.

    Who is the author of The Millionaire Dropout?

    The author of The Millionaire Dropout is Vince Stanzione.

    What to read after The Millionaire Dropout?

    If you're wondering what to read next after The Millionaire Dropout, here are some recommendations we suggest:
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    • Everyday Millionaires by Chris Hogan
    • The Self-Made Billionaire Effect by John Sviokla and Mitch Cohen
    • Million Dollar Habits by Brian Tracy
    • How to Make a Few Billion Dollars by Brad Jacobs
    • Deep Work by Cal Newport
    • Superintelligence by Nick Bostrom
    • Tiny Habits by BJ Fogg