Becoming a self-made billionaire puts you in a league of your own. Self-made billionaires made it through hard work, sheer will, tenacity, and being in the right place at the right time with the right idea. Let’s face it, we all want to know their secret to success. Well, you’re in luck, we’ve compiled some of the best pieces of advice offered up by self-made billionaires and if you use these tips wisely, you might even be on this list in a few years!
- Jeff Bezos
Estimated net worth: 194.7 billion USD
“Take risks. You have to be willing to take risks. If you have a business idea with no risk, it’s probably already been done.”
Jeff Bezos delivered that message at Amazon’s Re: Mars conference a month ago in Las Vegas after he was asked what advice he would give to anyone looking to start their own business. Jeff Bezos founded Amazon in 1995 with just 10 employees. He has since turned it into one of the most valuable public companies in the world, with a market capitalization of nearly $860 billion where he owns 12% of its shares.
- Elon Musk
Estimated net worth: 177.6 billion USD
“When something is important enough, you do it even if the odds are not in your favor.”
Elon Musk is a technology entrepreneur, investor, and an engineer. Is the co-founder of Tesla, Inc., PayPal and Neuralink. He is also the founder, CEO, and lead designer of SpaceX and the founder of The Boring Company.
- Bill Gates
Estimated net worth: 131.2 billion USD
“Your most unhappy customers are your greatest source of learning.”
Bill Gates also had his fair share of unsatisfied customers, but he never considered this as something negative. Instead, he took their insights by heart and used them to improve his work. Gates started programming when he was only 13 years old. He founded Microsoft with childhood friend Paul Allen in 1975 after dropping out of Harvard.
- Mark Zuckerberg
Estimated net worth: 109.8 billion USD
“Finding your purpose isn’t enough. The challenge for our generation is creating a world where everyone has a sense of purpose.”
In his address to the 366th class of Harvard University in 2017, he called upon graduates to build a world where everyone has a sense of purpose. Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world’s youngest billionaires.
- Warren Buffett
Estimated net worth: 102.8 billion USD
“The best investment you can make is in your own abilities. Anything you can do to develop your own abilities or business is likely to be more productive.”
Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all time. He formed the Buffett Partnership Ltd. In 1956. Less than 10 years later, he was in control of Berkshire Hathaway, an American multinational conglomerate holding company.
- Michael Bloomberg
Estimated net worth: 59 billion USD
“Being an entrepreneur isn’t really about starting a business. It’s a way of looking at the world: seeing opportunity where others see obstacles, taking risks when others take refuge.”
Michael Bloomberg is an American businessman, politician, author, and philanthropist. He is one of the founders, CEO, and owner of Bloomberg L.P., a financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
- Jack Ma
Estimated net worth: 48.2 billion USD
“If you want to win in the 21st century, you have to empower others, making sure other people are better than you. Then you will be successful.”
Jack Ma is one of the richest men in China and the whole world. He is a Chinese business magnate, investor, politician, and philanthropist. He is the co-founder of Alibaba Group, a multinational technology conglomerate and one of the most important e-commerce consortia in the world.
- Mark Cuban
Estimated net worth: 4.4 billion USD
“There are no shortcuts. You have to work hard and try to put yourself in a position where if luck strikes, you can see the opportunity and take advantage of it.”
Mark Cuban is an American businessman and investor. He is the owner of the National Basketball Association’s Dallas Mavericks, co-owner of 2929 Entertainment and chairman of AXS TV. He is also one of the “sharks” from Shark Tank, an American business-related reality television series on ABC where 5 investors choose whether to invest in a person’s company as business partners.
9. Oprah Winfrey
Estimated net worth: 2.6 billion USD
“The key to realizing a dream is to focus not on success but significance, but then even the small steps and little victories along your path will take on greater meaning.”
Oprah figured out that the intention with which you do something determines your outcome and changed everything she did on her show. Oprah Winfrey is best known for her talk show, The Oprah Winfrey Show, which was the highest-rated television program of its kind in history. She’s also dubbed as the “Queen of All Media” and was the richest African American of the 20th century and North America’s first black multi-billionaire.
10. Sara Blakely
Estimated net worth: 1 billion USD
“Don’t be intimidated by what you don’t know. That can be your greatest strength and ensure that you do things differently from everyone else.”
Sara Blakely went from just having $5,000 in the bank to founding the legendary women’s undergarment company, Spanx. It all began when she wanted to wear white pants to a party and didn’t have the right type of garment to go underneath, so she took a pair of pantyhose and cut out the bottoms. The company has then expanded its product range and generated an estimated $400 million in annual sales.
These are awesome tips that you should follow, but never forget that money is not everything. It is not worth sacrificing your health, family, friends, or other experiences for it.
If you need any help on starting your road to success, give us a call -> Australia: 1300 800 965/US & Canada: +1 678 701 8337. We can give you a helping hand by offering you a team of experts with world-class standards that can help you with your day-to-day business which generates business growth.
