Most of us think of Billionaires as some out-of-the-world creatures, the wisdom and life of whom are unattainable. We are not only fascinated by their lifestyle but are also amazed by their level of intelligence, diligence, and hard work. (Image Credit: Wiki)
However, the truth of the matter is that most of them, if not all, are just regular human beings, nothing more than most of us. The only thing that sets us apart from them is their level of dedication and commitment to the work they opt for themselves. As an entrepreneur, you can get yourself a nice cowork space in Beverly Hills or New York, and start pursuing your own big dreams.
We love to read about Billionaires in hope to learn from their experiences, in the hope to use that wisdom to create a better, financially stable, life for ourselves. Keeping it in consideration, we have curated a list of top five Billionaires of 2019 (according to Forbes) and their insights on how to lead a better life.
Anyone who hasn’t been living under a rock for the last decade would definitely know about the famous entrepreneur, Jeff Bezos. Most of us know him as the founder of Amazon, the multinational e-commerce giant Bezos started in his parent’s garage. But not many people know that he also owns the Washington Post and a commercial aerospace company by the name of Blue Origin.
But what particular approach led this impeccable man to build from the ground and lead such large companies to ultimate success? According to Jeff, any company should be company based and such is the approach of his companies. Jeff once said that he took an opposite approach i.e. start with the customers’ needs and then make a framework, accordingly.
Second on the list is none other than the Billionaire philanthropist Bill Gates, the founder of Microsoft. Bill Gates is known to lead the world’s largest private charitable foundation.
Gates has always been a passionate individual and a dreamer. According to him, his dreams of a better life stem from reading books. Bill Gates is known to be a prominent ambassador of reading, he truly believes in the power of knowledge.
Warren Buffett is regarded as one of the best investors of all time. Berkshire Hathaway is the company run by Warren which owns over 60 companies. Warren advises people looking to set their life on the right track to invest in themselves.
But what does investing in oneself mean? According to Buffett, it means to learn the art of communication, both vocal and in writing. Moreover, it is also important to take care of one’s body and mind. You can do that by eating the right foods, exercising regularly, and reading.
Buffett asks people to start taking care of themselves at a young age before it’s too late.
Mark is one of the most famous young Billionaires. He started his company when he was only 19 years old and now he is the acting CEO of the company. Mark gives pretty solid advice to young entrepreneurs that build a company which solves a socioeconomic problem.
Many people think of building up a company without thinking of what they want to build or why. Mark suggests discovering something you’re passionate about and think of how it can solve a certain problem in society. Building a successful company involves several hurdles and having a certain vision will motivate you to keep on going; that is how big companies are built.
Famous for founding Spanx, she is the youngest self-made billionaire who quite literally built her business all by herself, from concept to marketplace. She did all this on sheer tenacity, drive, and ingenuity. Sara taught herself how to write her own patent and persisted until she finally found the open door that led to the manufacturing of her product idea.
From the get go, she went all in, and though she kept her day job, she didn’t skip a beat when it came to what her passionate pursuit required in order to bring it to fruition. In other words, you have to do whatever it takes, within divine moral code, and work hard until your big dream becomes your beautiful reality. The key to her success, staying out of debt.
Chairman of the Reliance Industries in India, Mukesh Ambani is Asia’s richest man. Ambani’s father, the founder of the Reliance group, was his first teacher, especially in regards to the subject of entrepreneurship. Ambani shares a lot of lessons with young businessmen, however, one of the most important lessons he preaches is that failure is normal, even for a business tycoon like him.
One must never be discouraged by failure but should learn from them.
That concludes our list of the 5 famous billionaires and their insights,. We hope these insights help your business ventures and give you additional motivation when your building your business in in your awesome coworking space. Hey, you gotta start somewhere!