While academics frequently conduct research to try to unlock the secrets of garnering great wealth, Esquire editor D'Agostino took a more direct-and more entertaining-route: he picked the 20 wealthiest neighborhoods in America and went door to door, garnering interviews with 50 very wealthy, very different individuals-including doctors, art dealers, real estate moguls and one shrimp-peeling-machine manufacturer. Many of the author's subjects confessed that they have been less motivated by a drive for wealth than a desire for a certain lifestyle, an obsession with a certain field and a need for independence, and that focus, passion and street smarts have contributed more to their success than luck or any formal training. Several of his interviewees leveraged their success through reinvestment, often in real estate, raising the question of how well their net worths have survived in the current credit crunch. While D'Agostino freely admits that his sample is far from scientific, weighted heavily to friendly people who happened to be at home when he went calling, his debut is witty and inspiring. (Jan.)Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Rich Like Them: My Door-to-Door Search for the Secrets of Wealth in America's Richest Neighborhoodsby Ryan D'Agostino
Ryan D'Agostino, former senior editor at Money, wanted to know how the wealthiest in America got that way. So he asked. Knocking on 500 doors in some of the most affluent zip codes in America, D'Agostino met with men and women who welcomed him in and shared their most difficult financial decisions, toughest setbacks, greatest strategies, most triumphant/b>
Ryan D'Agostino, former senior editor at Money, wanted to know how the wealthiest in America got that way. So he asked. Knocking on 500 doors in some of the most affluent zip codes in America, D'Agostino met with men and women who welcomed him in and shared their most difficult financial decisions, toughest setbacks, greatest strategies, most triumphant moments, and deepest insights. In RICH LIKE THEM, he weaves together what he learned and offers maxims for achieving wealth, such as "Never Let Pride Get in the Way of Profit," and "When you fail miserably, be thankful." Filled with inspiring stories and straight-up advice, RICH LIKE THEM is a lively and practical get-rich guide that any reader can follow.
Have you ever passed a neighborhood of palatial homes and wondered who lives inside, what their lives are like, and how they can afford such lavish lifestyles? D'Agostino (Esquire) has, and here he chronicles his journey into some of America's 100 wealthiest ZIP codes, where he went door to door looking for insight into how the rich become rich. While D'Agostino discovers that "not everyone who makes $1.6 million a year is Lao-tzu," he does manage to gain some insight into the personal traits and principles that have helped some of America's wealthier people achieve their successes. He weaves anecdotes of his visits with the wealthy into chapters on the ability to see what others don't see, make one's own luck, be obsessed with something, understand the nature of risk, and keep a kind of humility even in the midst of success. Most of what he finds isn't revolutionary, but readers will get a certain voyeuristic pleasure in peering into some of America's richest homes, and they may pick up some useful tips for personal financial success. Recommended for public libraries.
Elizabeth L. Winter
- Little, Brown and Company
- Publication date:
- Product dimensions:
- 6.30(w) x 9.30(h) x 1.10(d)
Meet the Author
Ryan D'Agostino is Articles Editor at Esquire magazine and former Senior Editor at Money magazine. His writing has also appeared in The New Yorker, New York, the Wall Street Journal, Ski, the New York Times, and Budget Living, among others.
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I had high hopes for this book since the reviews were good, but I was disappointed. The author spends too much time talking about the the actual act of going to different locations and uses flashy, unnecessary vocabulary to describe his own feelings and the neighborhoods he visits. He does not spend enough time talking about the actual conversations that were had with the wealthy individuals.
Journalist Ryan D'Agostino wore out his walking shoes compiling this breezy, unconventional look at how a random set of rich people became wealthy. He gathered his information by ringing 500 doorbells in some of the 100 wealthiest neighborhoods in the United States, and found 50 people who not only opened their doors, but also were willing to answer his questions about how they earned their money. D'Agostino asked what advice they would offer others who want to end up in similar neighborhoods. What he learned isn't particularly original, and it isn't a blueprint to certain wealth, but his approach is unusual enough to make his findings personable and valuable. Given that the book doesn't offer traditional tips for making money, it won't serve financial planners or money managers. Yet it successfully merges rich people's stories, ideas and suggestions in an easy, enjoyable read. Yes, it's pep-rally material for budding entrepreneurs or high rollers, but it's good pep-rally material. getAbstract suggests this book to business students, young businesspeople, entrepreneurs, managers and worker bees hoping to get ahead. Way ahead.
Excellent book. Very easy to read. Filled with loads of great information. I would highly recommend this book to everyone.
With very simple, clear, and to the point stories, D'Agostino recounts what he learned from his rich subjects. Reading the accounts reminds the reader of the power of the human mind, the power of dreaming, setting goals, and staying focused on seeing that goal or dream realized.
I had to wait a bit after I finished "Rich Like Them" by Ryan D'Agostino to get my thoughts together. I was surprised by how different the book was from the ideas I got after after reading the cover blurbs. One of my pet peeves is a book that is very different from the information provided to pique my interest in reading. This book is NOT a how-to guide. When the front cover says "...the Secrets of Wealth in America's Richest Neighborhoods", I had no idea I was going to get a series of advice articles. But that's how I think of the book now.
The author's idea was to isolate the wealthiest zip codes and then just go door-to-door asking to speak to the owners. Now that takes some cojones! But amazingly enough, he was successful about ten percent of the time and this book is his recounting of the advice he was given by those living the 'high life'. These aren't movie stars...they are (mostly) normal folks who earned their money (although a few did inherit). They view opportunity a bit differently and aren't afraid of risk or hard work. They were also (mostly) quite down to earth in terms of day-to-day living and seemed surprisingly willing to talk to a stranger who showed up on their doorstep...who knew?
So if you're looking for a book that will give you a step-by-step primer on how to get rich...don't look here. But if you're looking for a book that will help you adjust your thinking and learn the work habits and ethics of the uber-wealthy...then this might be the book for you.