Vikas Shah, a Professor of Entrepreneurship has interviewed the likes of Sir Richard Branson, Sir James Dyson, and Steve Ballmer and here he reveals their simple secrets. Their secret formula is captured in these ten points and unsurprisingly, passion is a vital ingredient. These people set out to pursue something they love doing and make a change without intending to make crazy money in the first place.

1. Find your passion: The vast majority of people who have made their billions didn’t intend to make that money; they found something they were unbelievably passionate about, and made it their life. It just so happened their timing was perfect, and it became a huge wealth generator – but that passion was the starting point.

2. Be resilient: The overwhelming majority of billionaires I’ve met advise me that you have be resilient. You have to be able to get back up after the knocks, you have to be prepared to fail and to embrace that, and you have to be prepared to operate outside the comfort zone of your normal life.

3. Don’t chase wealth: Without exception, every single billionaire I’ve met has told me that starting a business for them was never about the money – it was about making a big change in the world, whether that’s revolutionising technology, solving a problem, improving lives, or creating something. That was the driver.

4. Look after your health: It’s a common mistake to think that these individuals are working 23.5 hours a day. The overwhelming majority of billionaires I know are extremely committed to their health - they sleep well, eat well, take breaks, and make sure they are in peak-performance (otherwise they can’t lead). you can visit newsphases.com to keep up with health and fitness tips

This isn’t just a ‘nice perk of being rich,’ but rather something that’s been an important part of their lives from the start.
5. Think about how you can help people: One inspiring characteristic of all the billionaires I’ve met has been a deep sense of philanthropy (which has often been with them from the start of their journeys).

Most have been committed to changing lives in a positive way, and have applied their contacts and skills to helping charities at a community level initially, and then as they grow, in a wider sense through their foundations. More than a few have told me that they feel this is a ‘moral imperative’

6. Think about the long-term: Very few (if any) billionaires think about the short-term; most are constantly thinking about how they can make their business sustainable, often long after they’re gone. It’s about the generation-length time frame, not a quick buck - and that’s a powerful part of how they’ve been successful.

7. It’s about execution: Ideas are important, but just because you’re an ideas person- doesn’t mean you’ll make it. As one billionaire told me, ‘having a great idea is great, but you have to execute it!’

8. Be a people person: Without exception, every single billionaire I’ve met has significantly credited their success to their team. To make this kind of money you need to have a brilliant team, who are motivated and led by your vision, and that you can take on the journey. This means you have to be a people person; you have to have a high emotional intelligence.

9. Be open and find a mentor: Every single billionaire I know has a mentor, a coach or a close friend they can confide in. Nobody knows all the answers and having a space to challenge and be challenged is important.

10. Be yourself: Don’t try and be someone else, don’t try and be some pantomime villain of a boss: be who you are, and leverage that. As Richard Branson told me when I asked him ‘who’ he is: 'I am the tie-loathing adventurer, philanthropist and troublemaker, who believes in turning ideas into reality.'

so what do you think

remember to follow me to get more updates and I will follow you back immediately.

Succinctly compiled. Only the poor sees money as an end itself, thus, they live and cherishes superficial lifestyle. And they live on expediency over principle, because to them treachery, opportunism and conceit are signs of smartness and confidence. Conceit is truly God's gift to petty people.

The true wealthy knows that money is just a means to an end and never an end itself - and that it doesn't answer all things. Superficiality is not their thing. . . No wonder petty people do term them "money miss road." The know that honesty is the best policy in business, thus they live life on principle over expediency. They earn to share with associates they never eat from associates. Ah! But they're no saints o!

In summary, the difference between the poor and the wealthy is same as the difference between lie and diplomacy.

Diplomaticbeing:
Succinctly compiled. Only the poor sees money as an end itself. Thus, they live and cherishes superficial lifestyle. And they live on expediency over principle, because to them treachery, opportunism and conceit are signs of smartness and confidence. Conceit is truly God's gift to petty people.

The true wealthy knows that money is just a means to an end and never an end itself - and that it doesn't answer all things. Superficiality is not there thing. . . No wonder petty people do term them "money miss road." The know that honesty is the best policy in business, thus they live life on principle over expediency. They earn to share with associates they never eat from associates. Ah! They're no saints o!

In summary, the difference between the poor and the wealthy is same as the difference between lie and diplomacy.

so what about you??

What are you doing now to attain the billionaire status... or are you are motivational speaker?

will get there soonest!!!!!!!

will get there soonest!!!!!!! ;Dwill get there soonest!!!!!!!

tchimatic:
will get there soonest!!!!!!!

We can simply share ideas.... if you read that article closely one of the way to attain success is to Be open and find a mentor: Every single billionaire I know has a mentor, a coach or a close friend they can confide in. Nobody knows all the answers and having a space to challenge and be challenged is important.

so what do you think? are your ideas worth sharing?

Newbeginnings:


so what about you??

What are you doing now to attain the billionaire status... or are you are motivational speaker?

Do you know me from Adam?

Newbeginnings:


We can simply share ideas.... if you read that article closely one of the way to attain success is to Be open and find a mentor: Every single billionaire I know has a mentor, a coach or a close friend they can confide in. Nobody knows all the answers and having a space to challenge and be challenged is important.

so what do you think? are your ideas worth sharing?

yes...pm me for it.

tchimatic:

yes...pm me for it.

actually the mail I have for this account isn't functional anymore (lost the password).... so you can just contact me through hearts6055@gmail.com or write your mail down for me...

Diplomaticbeing:


Do you know me from Adam?

No... but I am interested in knowing

I wish its that easy.

Laveda:


I wish its that easy.

It is actually very easy.. but that is what lazy people don't know since they make a lot of mistakes...

But I remember you stated clearly that you will never want to click to read or even comment on any of my threads... so why are you doing it now?

Newbeginnings:


It is actually very easy.. but that is what lazy people don't know since they make a lot of mistakes...

But I remember you stated clearly that you will never want to click to read or even comment on any of my threads... so why are you doing it now?

Do you know how many hardworking hustling people we have out there who are still feeding from hand to mouth?

Lol I don't keep tabs of all these, can't even remember.

Laveda:

Do you know how many hardworking hustling people we have out there who are still feeding from hand to mouth?

Lol I don't keep tabs of all these, can't even remember.

It is not about how hard you work... it is about how passionate and smart you work... so all those hustling people out there are making this mistake over and over.. and that is why they walk in circles..

I remembered you threw insults at me.... saying all sort of demeaning words and then you came back again to comment on my thread and I chased you out... and now you are back again.....

Newbeginnings:


It is not about how hard you work... it is about how passionate and smart you work... so all those hustling people out there are making this mistake over and over.. and that is why they walk in circles..

I remembered you threw insults at me.... saying all sort of demeaning words and then you came back again to comment on my thread and I chased you out... and now you are back again.....

It doesn't go easy for everyone, while others need to do just a little and live well, others need to really work hard.

I'm sorry.

Laveda:


It doesn't go easy for everyone, while others need to do just a little and live well, others need to really work hard.

I'm sorry.

When life gives you lemons you make lemonade (which means that whatever life throws at you.. you use it to your advantage)... but you have to understand that there are many kinds of lemonade...

So simply what you use the opportunities given to you to do...and what you understand of those opportunities is what begets either success or setbacks..

I don't want you to talk about anyone else.. just relate this to yourself... ..


Before that apology can cool my belle... you need to follow (so that you wont miss any updates), dont worry I will follow you back

Newbeginnings:


When life gives you lemons you make lemonade (which means that whatever life throws at you.. you use it to your advantage)... but you have to understand that there are many kinds of lemonade...

So simply what you use the opportunities given to you to do...and what you understand of those opportunities is what begets either success or setbacks..

I don't want you to talk about anyone else.. just relate this to yourself... ..


Before that apology can cool my belle... you need to follow (so that you wont miss any updates), dont worry I will follow you back

Okay then.

I always see them..

Laveda:
Okay then.

I always see them..

you know one thing about you Nigerian ladies.. is that you don't want to be rich.. billionaire rich... you just want to have enough and that is all (enough to take care of yourself, family and maybe friends and that is alll) even the ladies I have dated felt same....

but why?

Newbeginnings:


you know one thing about you Nigerian ladies.. is that you don't want to be rich.. billionaire rich... you just want to have enough and that is all (enough to take care of yourself, family and maybe friends and that is alll) even the ladies I have dated felt same....

but why?

You just said having enough? What more do I need?

Laveda:


You just said having enough? What more do I need?

lol.. oh my God... what about the millions who starve and sicken and die everyday... what about the mothers who die during labour because of lack of adequate hospital care.. what about the girls who go into prositituion because of lack of finances..

But here you are with enough... Why wouldn't you want the happiness of other people just like you have happiness.. why wouldn't you want to bring laughter to other people just like you laugh... If I were poor and crawling on the street, with sadness lined on my face, wouldn't you want me to smile the way you smile because you have enough?..

so why do you think of yourself alone? when there are millions out there.. that wish you could think of them just for a minute??

Newbeginnings:


actually the mail I have for this account isn't functional anymore (lost the password).... so you can just contact me through hearts6055@gmail.com or write your mail down for me...

udehchima@gmail.com

Newbeginnings:



lol.. oh my God... what about the millions who starve and sicken and die everyday... what about the mothers who die during labour because of lack of adequate hospital care.. what about the girls who go into prositituion because of lack of finances..

But here you are with enough... Why wouldn't you want the happiness of other people just like you have happiness.. why wouldn't you want to bring laughter to other people just like you laugh... If I were poor and crawling on the street, with sadness lined on my face, wouldn't you want me to smile the way you smile because you have enough?..

so why do you think of yourself alone? when there are millions out there.. that wish you could think of them just for a minute??

I don't need millions before I can help people out there, even at this stage of my life I still help when I have.

Like I said, if I have enough, I'm fine.

Laveda:


I don't need millions before I can help people out there, even at this stage of my life I still help when I have.

Like I said, if I have enough, I'm fine.

Interesting and impressive....