5 Wealth Tips from 5 of the World’s Billionaires:
[THREAD]
“Advice on getting rich and STAYING rich”
[THREAD]
“Advice on getting rich and STAYING rich”
1. Warren Buffett
~ PLAY THE LONG GAME ~
“Successful investing takes time, discipline and patience.
No matter how great the talent or effort, some things just take time”
~ PLAY THE LONG GAME ~
“Successful investing takes time, discipline and patience.
No matter how great the talent or effort, some things just take time”
When you begin working on a new project, give yourself a long-term deadline..
Everyone wants to hit $10,000/mth within 30 days of “trying”
But it’s extremely unrealistic.
What if it took you 3 years to hit $10k/mth?
Would you still be happy?
*Take consistent action.
Everyone wants to hit $10,000/mth within 30 days of “trying”
But it’s extremely unrealistic.
What if it took you 3 years to hit $10k/mth?
Would you still be happy?
*Take consistent action.
2. Mark Zuckerberg
~ THINK LIKE A HACKER ~
“The Hacker Way is an approach to building that involves continuous improvement and iteration.
Hackers believe that something can always be better, and that nothing is ever complete.”
~ THINK LIKE A HACKER ~
“The Hacker Way is an approach to building that involves continuous improvement and iteration.
Hackers believe that something can always be better, and that nothing is ever complete.”
In business, staying relevant is important..
In order to stay relevant, you must constantly improve your product.
Why? Because your competitors will do whatever they can to steal your share of the market.
Don’t let this happen.
*Improve & optimize always.
In order to stay relevant, you must constantly improve your product.
Why? Because your competitors will do whatever they can to steal your share of the market.
Don’t let this happen.
*Improve & optimize always.
3. Bill Gates
~ FOCUS ON DEVELOPMENT ~
“You know, development sometimes is viewed as a project in which you give people things and nothing much happens
- But occasionally, you get successes, you fund a Google or something”
~ FOCUS ON DEVELOPMENT ~
“You know, development sometimes is viewed as a project in which you give people things and nothing much happens
- But occasionally, you get successes, you fund a Google or something”
I like to think of this concept as “giving and expecting nothing in return.”
If you deliver immense value to many people over an extended period of time, there is a very small chance you lose.
*Always aim to overdeliver and be PATIENT
If you deliver immense value to many people over an extended period of time, there is a very small chance you lose.
*Always aim to overdeliver and be PATIENT
4. Jeff Bezos
~ HAVE A MISSION ~
“I strongly believe that missionaries make better products; they care more.
There has to be a business, and the business has to make sense, but that’s not why you do it.
You do it because you have something meaningful that motivates you."
~ HAVE A MISSION ~
“I strongly believe that missionaries make better products; they care more.
There has to be a business, and the business has to make sense, but that’s not why you do it.
You do it because you have something meaningful that motivates you."
Simple.
In the beginning, many entrepreneurs focus on the $$$.
However, after acquiring mass amounts of $$, they must develop a mission.
Something that provides happiness and fulfillment.
Otherwise motivation will be lost and business will suffer.
In the beginning, many entrepreneurs focus on the $$$.
However, after acquiring mass amounts of $$, they must develop a mission.
Something that provides happiness and fulfillment.
Otherwise motivation will be lost and business will suffer.
5. Michael Bloomberg
~ NEVER STOP LEARNING ~
“I’ve never met a Nobel Prize winner who didn’t think they had an awful lot more to learn and wasn’t studying every single day.“
~ NEVER STOP LEARNING ~
“I’ve never met a Nobel Prize winner who didn’t think they had an awful lot more to learn and wasn’t studying every single day.“
What to learn from this:
- You never know everything
- Learning shouldn’t stop after school
- There’s always room for improvement
There is an infinite source of learning opportunities in this world.
But learning is active & you must SEEK education
*Read, write, experience.
- You never know everything
- Learning shouldn’t stop after school
- There’s always room for improvement
There is an infinite source of learning opportunities in this world.
But learning is active & you must SEEK education
*Read, write, experience.
source: google.com/amp/s/www.busi…
The focus of this thread is on “getting and STAYING rich”
The content in this thread is NOT “groundbreaking”..
It’s simple advice that works when followed & is followed for an extended period of time.
You can not rush wealth creation.
Patient & consistency is pivotal.
The content in this thread is NOT “groundbreaking”..
It’s simple advice that works when followed & is followed for an extended period of time.
You can not rush wealth creation.
Patient & consistency is pivotal.
All RTs are greatly appreciated.
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