The Education of Millionaires book cover

The Education of Millionaires by Michael Ellsberg Summary

The Education of Millionaires
Michael Ellsberg
3.91 (3667 Reviews)
Entrepreneurship
Business
Self-growth
Overview
Key Takeaways
Author
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Overview of The Education of Millionaires

Skip college, get rich? Michael Ellsberg's controversial manifesto reveals seven essential skills millionaires master outside classrooms. While critics demand more statistics, thousands of readers have embraced his counterintuitive roadmap to success. What career-defining skills are your professors hiding from you?

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Key takeaways

1

The Myth We've All Been Sold

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Bryan Franklin once posted a simple data entry job on Craigslist. Within days, hundreds of applicants flooded his inbox-JDs, PhDs, MBAs from prestigious universities. A Harvard MBA showed up in a three-piece suit, talking about "leveraging relationships" for a $10-per-hour position. Franklin hired a high school dropout instead. Why? The dropout demonstrated genuine enthusiasm, practical competence, and excellent work ethic. Within months, this individual was managing three people and streamlining operations. This story cuts to the heart of a troubling reality: everything we've been told about the connection between formal education and success might be fundamentally wrong. As college costs skyrocket and graduates drown in debt with diminishing returns, a crucial question emerges-what if the skills that create real-world prosperity are rarely taught in classrooms? What if the most valuable education happens entirely outside formal institutions?

2

When Credentials Stop Mattering

3

The Art of Earning a Living

4

Building Connection Capital

5

Marketing and Sales: The Skills That Actually Pay

6

Your Story Matters More Than Your Resume

7

Reclaiming Your Education, Reclaiming Your Life

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@Erin, Investment Banking Associate , NYC
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@Raaaaaachelw
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@Matt, YC alum
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likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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254
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@djmikemoore
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@Jaded_Falcon
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