Success secrets of self-made billionaires
Many billionaires have built their wealth from scratch like Steve Jobs, Bill Gates, Mark Zuckerberg, Richard Branson and John Paul DeJoria. All these are self-made billionaires. And here are some of the inspiring lessons you can learn from their journeys to the top.
Steve Jobs: Focus is everything
There isn’t a better teacher than Steve Jobs the legendary CEO of Apple, if you want to learn how to get the most out of your life.
The Focus was ingrained in Steve Jobs personality and had been honed by his Zen training (training to reduce stress, gain more clarity, and enhance creativity). He relentlessly filtered out what he considered distractions and refuses to shift his laserlike focus until he was ready.
Bill Gates: Give back
Bill Gates (Microsoft co-founder) has taken charge to help others by guiding them in the right direction, imparting knowledge, and experience, or even providing the necessary resources that will improve the lives or careers of others. He always took a selfless approach to his leadership, spending much money and time in philanthropic efforts to give to others. As a leader in return he receives happiness by knowing he is providing benefits that can create the leaders of the future who will then shape the planet for those generations to come.
He is one of the founding members of The Giving Pledge, through which wealthy person commit to donating more than half of their fortunes. The Gates have also co-founded the Bill and Melinda Gates Foundation, which work to lift children out of extreme poverty.
Mark Zuckerberg: Stay in Learning Mode All the Time
Mark Zuckerberg (Facebook co-founder) advised would-be entrepreneurs to “Explore what you want to do before committing. Keep yourself flexible. Zuckerberg suggests that young entrepreneurs should always pick their business carefully. Before signing a business deal explore and do your research prior, otherwise you could land into trouble.
If you want to do your best then you need to love your work says Richard Branson (Founder Virgin Group). Keep on bringing the passion to your work. Love what you do for your living. That is the number one route to happiness.
A person should stop wasting time doing things they hate, as that will only suck the joy and happiness out of life.
John Paul DeJoria: Launch business in an industry driven by repeat customers
Earlier the co-founder of Paul Mitchell hair products and Patron Tequila in his life was homeless and collecting cans for money. His best advice for entrepreneurs is to build a business in an industry that doesn’t require lots of persuading buyers. Instead, an entrepreneur seeks out products or services that will become part of a customer’s routine.