www.inc.com
Open in
urlscan Pro
151.101.193.54
Public Scan
Submitted URL: https://click.convertkit-mail.com/xmumx9r6kkf6hr0ezvmtgu03rnkll/qvh8h7hrn9ddg7ul/aHR0cHM6Ly93d3cuaW5jLmNvbS9iaWxsLW11cnBoeS1qci9hL...
Effective URL: https://www.inc.com/bill-murphy-jr/a-massive-new-study-says-87-percent-of-millionaires-have-1-stunning-thing-in-comm...
Submission: On March 22 via api from CA — Scanned from CA
Effective URL: https://www.inc.com/bill-murphy-jr/a-massive-new-study-says-87-percent-of-millionaires-have-1-stunning-thing-in-comm...
Submission: On March 22 via api from CA — Scanned from CA
Form analysis 2 forms found in the DOM
Name: inline-newsletter-form —
<form id="mktoForm_1192" name="inline-newsletter-form" data-testid="form-container" novalidate="novalidate" class="mktoForm mktoHasWidth mktoLayoutLeft" style="font-family: inherit; font-size: 13px; color: rgb(51, 51, 51); width: 311px;">
<style type="text/css">
.mktoForm .mktoButtonWrap.mktoDownloadItunes .mktoButton {
background-color: #52a8e8;
background-image: -webkit-gradient(linear, left top, left bottom, color-stop(0%, #52a8e8), color-stop(100%, #377ad0));
background-image: -webkit-linear-gradient(top, #52a8e8, #377ad0);
background-image: -moz-linear-gradient(top, #52a8e8, #377ad0);
background-image: -ms-linear-gradient(top, #52a8e8, #377ad0);
background-image: -o-linear-gradient(top, #52a8e8, #377ad0);
background-image: linear-gradient(to bottom, #52a8e8, #377ad0);
border-top: 1px solid #4081af;
border-right: 1px solid #2e69a3;
border-bottom: 1px solid #20559a;
border-left: 1px solid #2e69a3;
border-radius: 16px;
-webkit-box-shadow: inset 0 1px 0 0 #72b9eb, 0 1px 2px 0 #b3b3b3;
box-shadow: inset 0 1px 0 0 #72b9eb, 0 1px 2px 0 #b3b3b3;
color: #fff;
font: normal 11px/1 "lucida grande", sans-serif;
padding: 3px 5px;
text-align: center;
text-shadow: 0 -1px 1px #3275bc;
width: 112px;
-webkit-background-clip: padding-box;
}
.mktoForm .mktoButtonWrap.mktoDownloadItunes .mktoButton:hover {
background-color: #3e9ee5;
background-image: -webkit-gradient(linear, left top, left bottom, color-stop(0%, #3e9ee5), color-stop(100%, #206bcb));
background-image: -webkit-linear-gradient(top, #3e9ee5 0%, #206bcb 100%);
background-image: -moz-linear-gradient(top, #3e9ee5 0%, #206bcb 100%);
background-image: -ms-linear-gradient(top, #3e9ee5 0%, #206bcb 100%);
background-image: -o-linear-gradient(top, #3e9ee5 0%, #206bcb 100%);
background-image: linear-gradient(to bottom, #3e9ee5 0%, #206bcb 100%);
border-top: 1px solid #2a73a6;
border-right: 1px solid #165899;
border-bottom: 1px solid #07428f;
border-left: 1px solid #165899;
-webkit-box-shadow: inset 0 1px 0 0 #62b1e9;
box-shadow: inset 0 1px 0 0 #62b1e9;
cursor: pointer;
text-shadow: 0 -1px 1px #1d62ab;
-webkit-background-clip: padding-box;
}
.mktoForm .mktoButtonWrap.mktoDownloadItunes .mktoButton:active {
background: #3282d3;
border: 1px solid #154c8c;
border-bottom: 1px solid #0e408e;
-webkit-box-shadow: inset 0 0 6px 3px #1657b5, 0 1px 0 0 white;
box-shadow: inset 0 0 6px 3px #1657b5, 0 1px 0 0 white;
text-shadow: 0 -1px 1px #2361a4;
-webkit-background-clip: padding-box;
}
.mktoForm .mktoButtonWrap.mktoDownloadItunes .mktoButton::-moz-focus-inner {
border: 0;
padding: 0;
}
.mktoForm .mktoButtonWrap.mktoDownloadItunes button.mktoButton {
background: #564CB5;
}
</style>
<div class="mktoFormRow">
<div class="mktoFieldDescriptor mktoFormCol" style="margin-bottom: 5px;">
<div class="mktoOffset" style="width: 5px;"></div>
<div class="mktoFieldWrap mktoRequiredField"><label for="Email" id="LblEmail" class="mktoLabel mktoHasWidth" style="width: 100px;">
<div class="mktoAsterix">*</div>
</label>
<div class="mktoGutter mktoHasWidth" style="width: 5px;"></div><input id="Email" name="Email" placeholder="Email *" maxlength="255" aria-labelledby="LblEmail InstructEmail" type="email"
class="mktoField mktoEmailField mktoHasWidth mktoRequired" aria-required="true" style="width: 300px;"><span id="InstructEmail" tabindex="-1" class="mktoInstruction"></span>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoClear"></div>
</div>
<div class="mktoFormRow"><input type="hidden" name="optInFCModernCEONewsletter" class="mktoField mktoFieldDescriptor mktoFormCol" value="yes" style="margin-bottom: 5px;">
<div class="mktoClear"></div>
</div>
<div class="mktoFormRow"><input type="hidden" name="brandFC" class="mktoField mktoFieldDescriptor mktoFormCol" value="yes" style="margin-bottom: 5px;">
<div class="mktoClear"></div>
</div>
<div class="mktoFormRow"><input type="hidden" name="mostRecentSource" class="mktoField mktoFieldDescriptor mktoFormCol" value="Modern CEO End of Article Form" style="margin-bottom: 5px;">
<div class="mktoClear"></div>
</div>
<script src="https://www.google.com/recaptcha/api.js?onload=captchaCallback" type="text/javascript" async="async" defer="defer"></script>
<div>
<script type="text/javascript">
var formId = 1192;
var captchaCallback = function(a) {
var b = document.getElementsByClassName("grecaptcha-badge");
if (b.length > 0)
for (var c = 0; c < b.length; c++) b[c].style.visibility = "hidden";
if (a) {
var d = this.MktoForms2.getForm(formId);
d && d.setCaptchaValue(a)
}
};
</script>
</div>
<div id="captcha" class="g-recaptcha" data-callback="captchaCallback" data-expired-callback="captchaExpired" data-sitekey="6Ld4EkIlAAAAAPaw-a5FFAsKRpizgjLo0NDMBilQ" data-size="invisible">
<div class="grecaptcha-badge" data-style="bottomright"
style="width: 256px; height: 60px; display: block; transition: right 0.3s ease 0s; position: fixed; bottom: 14px; right: -186px; box-shadow: gray 0px 0px 5px; border-radius: 2px; overflow: hidden; visibility: hidden;">
<div class="grecaptcha-logo"><iframe title="reCAPTCHA" width="256" height="60" role="presentation" name="a-q2e23iv55z17" frameborder="0" scrolling="no"
sandbox="allow-forms allow-popups allow-same-origin allow-scripts allow-top-navigation allow-modals allow-popups-to-escape-sandbox allow-storage-access-by-user-activation"
src="https://www.google.com/recaptcha/api2/anchor?ar=1&k=6Ld4EkIlAAAAAPaw-a5FFAsKRpizgjLo0NDMBilQ&co=aHR0cHM6Ly93d3cuaW5jLmNvbTo0NDM.&hl=en&v=YurWEBlMIwR4EqFPncmQTkxQ&size=invisible&cb=j64lcrugaesy"></iframe></div>
<div class="grecaptcha-error"></div><textarea id="g-recaptcha-response" name="g-recaptcha-response" class="g-recaptcha-response"
style="width: 250px; height: 40px; border: 1px solid rgb(193, 193, 193); margin: 10px 25px; padding: 0px; resize: none; display: none;"></textarea>
</div><iframe style="display: none;"></iframe>
</div>
<div class="mktoCaptchaDisclaimer">This site is protected by reCAPTCHA and the Google <a href="https://policies.google.com/privacy" target="_blank">Privacy Policy</a> and
<a href="https://policies.google.com/terms" target="_blank">Terms of Service</a> apply.</div>
<div class="mktoButtonRow"><span class="mktoButtonWrap mktoDownloadItunes" style="margin-left: 6px;"><button type="submit" class="mktoButton">Sign Up</button></span></div><input type="hidden" name="formid" class="mktoField mktoFieldDescriptor"
value="1192"><input type="hidden" name="munchkinId" class="mktoField mktoFieldDescriptor" value="610-LEE-872">
</form>Name: inline-newsletter-form —
<form name="inline-newsletter-form" data-testid="form-container" novalidate="novalidate" class="mktoForm mktoHasWidth mktoLayoutLeft"
style="font-family: inherit; font-size: 13px; color: rgb(51, 51, 51); visibility: hidden; position: absolute; top: -500px; left: -1000px; width: 1600px;"></form>Text Content
logo * Newsletters * Subscribe * account icon * Login * navigation logo Combined Shape STARTUP * Best Industries * Funding * Incubators * Business Plans * Naming * Home-Based Business * The UPS Store GROW * Strategy * Operations * Sales * Marketing * Customer Service * Franchises * Build LEAD * Black in Business * Your Next Move * Taking Care * FEMALE FOUNDERS * Best Workplaces * Company Culture * Public Speaking * Hiring * HR/Benefits * Productivity * All the Hats TECHNOLOGY * Leading Tech * Digital Transformation * Artificial Intelligence * Bringing Innovation to Market * Cloud Computing * Social Media * Security * Data Detectives INNOVATE * Creativity * Invent * Design * Pivot MONEY * Exit Interview * Bootstrapping * Crowdfunding * Venture Capital * Borrowing * Business Models * Personal Finance * Founder Friendly Investors EVENTS * Upcoming Events * Inc. 5000 Vision Conference * Become a Sponsor BRANDVIEW * Cox Business * Deloitte * Intel * PPG * The UPS Store * Principal * Verizon Business * Whoop * Branded Content INC. 5000 * Inc. 5000 * Inc. 5000 Regionals * Apply Inc. 5000 US INC. UNLIMITED * Subscribe INC. UNLIMITED * Subscribe * Watch * Guides Follow: * Group 5 * * Fill 1 * Group 3 * Group 3 INC. UNLIMITED * Subscribe * About * Staff * Columnists * Help Center Follow: * Group 5 * * Fill 1 * Group 3 * Group 3 Top Stories Top Videos Startup Reddit Is Going Public. Here Are 7 Things You Didn't Know About the Company The Future of Work Going Remote Saved This PR Firm $90,000 a Year in Rent. So It Took the Team to Universal Studios Sustainability Court Pauses SEC Climate Disclosure Rules Artificial Intelligence Sam Altman Says ChatGPT-4 'Kinda Sucks.' It's a Reminder of Why Entrepreneurs Innovate Small Business Week When It Comes to Woman-Owned Businesses, the West Coast Is the Best Coast Lead How Costco's $1.50 Hot Dog Combo Serves Up a Lesson in Building Brand Loyalty Grow 5 SXSW Movies and Shows For Entrepreneurs logo * Newsletters * Subscribe * account icon * Login * navigation logo Combined Shape STARTUP * Best Industries * Funding * Incubators * Business Plans * Naming * Home-Based Business * The UPS Store GROW * Strategy * Operations * Sales * Marketing * Customer Service * Franchises * Build LEAD * Black in Business * Your Next Move * Taking Care * FEMALE FOUNDERS * Best Workplaces * Company Culture * Public Speaking * Hiring * HR/Benefits * Productivity * All the Hats TECHNOLOGY * Leading Tech * Digital Transformation * Artificial Intelligence * Bringing Innovation to Market * Cloud Computing * Social Media * Security * Data Detectives INNOVATE * Creativity * Invent * Design * Pivot MONEY * Exit Interview * Bootstrapping * Crowdfunding * Venture Capital * Borrowing * Business Models * Personal Finance * Founder Friendly Investors EVENTS * Upcoming Events * Inc. 5000 Vision Conference * Become a Sponsor BRANDVIEW * Cox Business * Deloitte * Intel * PPG * The UPS Store * Principal * Verizon Business * Whoop * Branded Content INC. 5000 * Inc. 5000 * Inc. 5000 Regionals * Apply Inc. 5000 US INC. UNLIMITED * Subscribe INC. UNLIMITED * Subscribe * Watch * Guides Follow: * Group 5 * * Fill 1 * Group 3 * Group 3 INC. UNLIMITED * Subscribe * About * Staff * Columnists * Help Center Follow: * Group 5 * * Fill 1 * Group 3 * Group 3 Money A MASSIVE NEW STUDY SAYS 87 PERCENT OF MILLIONAIRES HAVE 1 STUNNING THING IN COMMON. (IF YOU'RE NOT A MILLIONAIRE, IT MIGHT BE VERY HARD TO UNDERSTAND) 'LET ME TELL YOU ABOUT THE VERY RICH,' WROTE F. SCOTT FITZGERALD. 'THEY ARE DIFFERENT FROM YOU AND ME.' * Shape * * Expert Opinion By Bill Murphy Jr., Founder of Understandably and contributing editor, Inc. @BillMurphyJr Aug 6, 2019 Getty Images There's a new study out about a truly surprising thing that an overwhelming number of millionaires have in common. First, a quick story. Then, we'll get to the data. A while ago, I was visiting a good friend. We have a lot in common. We're about the same age, roughly similar education, same strong work ethic. Article continues after video. Featured Video The Most Important Business Book of the Year: 'How Big Things Get Done' Every business leader who's ever embarked on an ambitious project can learn from the detailed research and instructions laid out in this book. More Videos 0 seconds of 1 minute, 23 secondsVolume 0% Press shift question mark to access a list of keyboard shortcuts Keyboard ShortcutsEnabledDisabled Shortcuts Open/Close/ or ? Play/PauseSPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Offc Fullscreen/Exit Fullscreenf Mute/Unmutem Decrease Caption Size- Increase Caption Size+ or = Seek %0-9 Next Up Raising Money Isn't Easy. Here Are 2 Big Things You Need to Know 02:05 Live 00:00 01:23 01:23 We've followed different paths though, and frankly he's a lot more financially successful than I am. Even though I've met a lot of very wealthy people as a result of my writing, he might be one of the richest people I know. It's not a big deal in our friendship; I've got no complaints about my own situation, and it doesn't get in the way of anything. But that doesn't mean it's not noticeable. In fact, when I was out with him and a half dozen of his work colleagues that day, it meant spending the day with people whose net worth was a multiple of mine, many times over. Here's what I realized: It's never enough. Even the wealthiest people in the group spent a lot of time talking about things they wished they could afford: Bigger houses, more expensive boats, more extravagant cars, more impressive vacations. All that kind of stuff. They were completely self-aware about this, by they way. They even joked about it -- a sort of rich people's gallows humor. But the memory popped to mind recently ?when I read a fascinating statistic from Ameriprise Financial, which surveyed "more than 3,000 U.S. adults ... with at least $100,000 in investable assets, including more than 700 millionaires." The eye-opening takeaway: Only 13 percent of people with more than $1 million in investable assets think of themselves as "wealthy." Note that "investable assets" means only easily liquid assets. You exclude things like the value of your home, which is what makes up the lion's share of a lot of people's net worth. So these are people who likely are worth several million dollars, at least. Business Insider, which reported on this statistic, also cited two other studies with similar results: * The 2019 Modern Wealth Survey from Charles Schwab found that Americans think it takes $2.3 million for someone to break into the ranks of the wealthy. * A separate study with Morning Consult that found wide disparities among how much money people think you need in order to go from the middle class to the wealthy. In some cases, people earning as little as $50,000 a year felt rich; in others, people earning $100,000 felt poor. Of course, $1 million today is not what it was 20 or 50 or 100 years ago. Neither is $2 million or $5 million or $10 million. It also matters a lot where you live, and how old you are, whether having a few million puts you in line with or ahead of your peers. But still, the median net worth of a U.S. household is only about $97,300, according to the Federal Reserve's Survey of Consumer Finances. Even at just $1 million, you'd be 10 times above that. So, does a few million dollars make you wealthy? I guarantee you that a lot of people in America would say yes, it absolutely does. But I can see how it feels differently when you get there. How wealthy are you? For the vast majority of millionaires, apparently, the answer is basically: Compared to what? I can't help but think of a quote, something the author F. Scott Fitzgerald wrote nearly 100 years ago: "Let me tell you about the very rich. They are different from you and me." The stars of CNBC's West Texas Investors Club explain why they prefer investing in and helping out startups founded by common people instead of multi-millionaires. More Videos 0 seconds of 1 minute, 39 secondsVolume 0% Press shift question mark to access a list of keyboard shortcuts Keyboard ShortcutsEnabledDisabled Shortcuts Open/Close/ or ? Play/PauseSPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Offc Fullscreen/Exit Fullscreenf Mute/Unmutem Decrease Caption Size- Increase Caption Size+ or = Seek %0-9 Next Up 3 Steps You Can Take Today to Be a Visionary Leader 01:05 Live 00:00 01:39 01:39 Now accepting applications for Inc.’s Best Workplace awards. Apply by February 16 for your chance to be featured! Like this column? Sign up to subscribe to email alerts and you'll never miss a post. The opinions expressed here by Inc.com columnists are their own, not those of Inc.com. A refreshed look at leadership from the desk of CEO and chief content officer Stephanie Mehta * This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sign Up This site is protected by reCAPTCHA and the GooglePrivacy PolicyandTerms of Serviceapply. Privacy Policy Sponsored Business Content * Privacy policy * Notice of collection * do not sell my data * Ad vendor policy * terms of use * Advertise * help Center * About Us * sitemap COPYRIGHT 2024 MANSUETO VENTURES Inc.com mostly adheres to basic standards of credibility and transparency. Learn More search by queryly Advanced Search We use cookies on our websites to support technical features that enhance your user experience and help us improve our website. By continuing to use this website you accept our Privacy Policy and Terms of Use. Accept