How To Be A Billionaire

Billionaires Blog: By Bright Johnson

Many people will never be super rich because they don’t know what it takes to gather and sustain massive wealth. The rules of making money are the same--whether online or offline, in American or Asia, it is the same game. Here are five tips:

One, you will never get rich working for a corporation or government. Your salary cannot afford a Bugatti Veyron which cost $1 million, or a $20 million mansion, or a Yatch that cost $280 million. You dare not buy a plane. The level of luxury of the super rich is way high. Unless you are one of those overpaid CEOs, you have to quit your job and start building a conglomerate of moneymaking ventures.

Two, If you start a business, you need to pioneer an industry or product to make it big. Gates, Ellison, Dell, the founders of amazon.com (Bezos), ebay (Omidyar), yahoo (Young and Filo), google (Page and Brin) and other tech billionaires became rich because they were among the first to start and build computers, software, and Internet businesses. Hence don’t do what the masses are doing. Separate yourself. Sadly, there’s nothing for you to pioneer, everything seem to be taken, unless you have the intellect to brainstorm and research and come up with something new.

Three, if you are going to do what others are doing, then you need a lot of money. It is not about starting a business, is about sterling it. It is like going to a nightclub. After paying the gate fee, you will discover that only the dance floor and music is free. If you want some booze and banter, you have to pay. That is why the rich, the providers of capital, always get richer. Every business is lucrative, it all depends on how much you put into it to outsmart your competitors, hire the best brains, develop the best products, etc. Where will the money come from? Well, by any means, you have to earn, beg, borrow, or steal so that you can finance your dream.

Four, it is more than working 18 hours a day, committed employees, a network of associates, or value customers, to achieve superior financial gains, you need to take advantage of everything and anything like cutting edge technology; opportunities offered by governments, be it contracts, licenses for telecom or natural resources exploration; taking advantage of weaker currency to buy foreign assets and goods; partnering and using other people’s money to finance heavy capital intensive projects; frustrating competitors using unethical tactics, and many other rackets.

Five, the most important rule is zeal. It is not what you do, but your zeal and pace that counts. You need to take risk, make mistakes, learn, and advance until you make it. Then you start to multiply it. You are rich if you stay rich but don’t be deceived, it is a tough task and often a long chase.

source: www.iSnare.com