Everyone dreams of becoming a billionaire. Isn’t it? Well, who doesn’t want to be in the list of top 10 richest people in the world? I’m sure each person has dreamt of it. Though many of you want to get rich, however, all you do is sit and complain about everything but do nothing to achieve it.
Rather than learning from the real-life examples of people and inserting yourself into a circle of individuals who are making bigger efforts in adding an abundant amount of value to the world, all you do is wonder how one can become a self-made billionaire with no money!
Well, to become a billionaire, there is no prerequisite as such that you need to have plenty of money or you should be a son or daughter of a prestigious wealthy personality. While we all aspire to become rich, very few of them have the benefit of already available extraordinary wealth, and looking at them, we tend to believe that millionaires are born, not made. However, this viewpoint is not entirely true.
Not everyone has the benefit of inheriting wealth. Instead, many of them earned it either by founding their own business or by investing their funds. There are many self-made billionaires, who made it from broke to billions and today are in the list of wealthiest people around the world. To name a few, Jeff Bezoz (Amazon), Bill Gates (Microsoft), Warren Buffet (Berkshire Hathaway), Larry Ellison (Oracle Corporation), Amancio Ortega (Zara), Mark Zuckerberg (Facebook), Larry Page (Google) etc. (Later, we can make pages on them) So, if you observe the world’s billionaires are a pretty diverse bunch, one who inherits the wealth and the others who are self-made from zero to billionaire. These people have started it either from no money, or little but the things that you might find common among all these people is dedication, perseverance, and focus to achieve their goals. Always remember, you can’t become a billionaire until you become a millionaire first. It is well said, “Self-made billionaires don’t get to the three-comma club without first becoming a millionaire.”
With no further delay let us find out what it takes to become a billionaire. Probably, you are asking yourself how you can be rich? But not just this much, indeed you are asking yourself how to REACH at the highest level of being RICH? To become a self-made successful rich person you must follow a few ground rules and the most vital part of this journey has to start with the right mindset, attitude, skills, cash flow, and discipline.
The attitude and vision of self-made rich people is clear. They always focus on their goals and stay on the path of success. They never deviate their mind on less important matters. They have a mindset to achieve their goals, and believe in staying put, instead of running after money. With utter determination and discipline, they chase their goals, cut their expenses, but also find out ways to increase their income. The bottom line is to stick to your goals, and don’t stop until you reach your goals. Keeping yourself motivated through the entire process is essential.
Link: What Motivates the World’s Richest Man, Jeff Bezos?
Work on Your Skills
If you are willing to start your own business, always choose something that you are passionate about. If you are looking for success, wishing to become rich like the billionaires in the world, you have to chase your dreams, and be eager to hone those skills that many self-made billionaires have. Also, If you are stuck as to where to begin, thinking of how you can start a business, the answer to this question lies within your ideas, your dreams, and goals that you want to achieve.
To run a successful business, you have to clearly distinguish between the long-term goals and short-term goals, with deadlines set up, and ask yourself the question of what you want from the business and how you will get it. Most of the people don’t want to come out of their comfort zone, but in case of billionaires, they push themselves beyond the horizon, because they have the urge of making a difference to create better opportunities. Be firm with your vision, and clear of the things that you want to exclude from your current life, and what you need to add in the next few years to get closer to your dreams of becoming a self made entrepreneur-from zero to billionaire.
Be More Innovative
One of the top-most secrets of billionaires is that they never stop learning. They are voracious readers, have knowledge about the market trends, and are always eager to expand their learning curve. As the technology or the market industry changes, rather than being a part of the crowd and getting vanished away, they always try to adapt to the new changes on a regular basis. They reinvent, and renovate themselves and their business to another level each day. It is rightly said, invest in yourself first, even if you know nothing. Instead of pulling yourself from the change, actively accept the change, understand what might have caused the change, and try to capitalize a solution to draw a new opportunity for yourself.
Look for a Bigger Picture
The billionaires have a tendency of working for their long term goals. They believe in expanding their focus from short term goals to a bigger picture, so that they have a clear vision of what they want from their life in the upcoming years.
If your aim is to be one of them, try to keep yourself focussed for a bigger picture, and not to just work on the short term goals and say it is done. Instead, if you think about the motivating reward awaiting for you in the long run, it will help you to achieve your goals.
Try to shift your focus from spending money to investing. You won’t be able to become a billionaire, if you keep losing money from the wallet more than what you are earning. You don’t have to become wealthy, to become a rich person, but what you do with the money defines you! The rich people don’t just spend their money, instead they invest their money in productive aspects.
Well, you might be knowing that the self-made billionaire Warren Buffett is famous for his smart investments. So, investing requires some money and understanding of the accurate insights of which investment will be fruitful and which one will be a loss. If you can do this, one day you will be a self-made billionaire like him.
Link: A blog may be related to Warren Buffet investment/ or may be how he earned money (the one that you have sent me to write)?
To conclude, it is not necessary to have lots of money to become rich. It requires passion, hard work, and dedication to become successful. The ability to take risks, learn from failures, and still create new opportunities makes a difference between the normal people and successful people. Without risks, or tough decisions, you won’t be able to grow. Billionaires are not made in a day, and the self-made millionaires or billionaires, definitely have something in them that makes them special and set them apart from the rest of the world. Remember, talent and sheer hard work makes you what you are!
What You Do Is What You Are!