Saturday, April 25, 2009

Hidden Secrets Of World Billionaires

It is very easy to rise to become a billionaire in so many ways. It is not only by hard work but by smart work. I interviewed and took time to study the lives of many billionaires today to discover the secrets to their massive wealth. I will disclose these secrets in this article so that people can practice them to achieve greatness in life.
I will break these secrets into 5 steps;

Think Out An Entirely New Idea
Make sure your idea will provide services which will reach out to or patronized by the entire world or at least a big nation or a continent for free or at the lowest possible cost. A good example of such ideas is Facebook which helps people to connect with friends worldwide for free. These services should be such that people will need on daily basis. Concentrate more on satisfying your customers than thinking of the money you will make. If possible, target on improving the quality of your services and reducing their cost at the same time. One thing many people don’t about business is that when your customers get addicted to your services, they will stick to you and you will make more money than you may have expected.

Fund Raising
Look for a job or invest in an everyday business to provide your basic needs and give you money to run around to carry out your plans. If possible, you can raise fund from people and banks. Never depend on anybody but make them believe you have trust in them because they can fail and delay your plans. People are full of promises which they may never keep instead they end up making you believe that it is not easy to break through. This has made many people to drop the plans that would have blown them to greatness in life only to live managing and struggling so hard day and night only to provide their daily bread.

Learn To Keep Secrets
Never tell people your plans. Ensure that you have studied the person very well to know if he is the kind that believes in ideas and will be willing to support.
Build Good Relationships And Contacts
Build good relationship and contact with successful and influential people whom you know have the power to move you ahead in life. Be respectful to people who are above you in business and honour them since you may have nothing much to offer at your level. This will impress and make them love you more. Don’t let yourself down before anybody because you are destined to be even greater than them.

Partner With People
Partner with people who have the same dream as you do and can play a vital role to realize them. This is very important because you may not have the capability to implement your plans on your own. Your partners should be able to help you raise fund, get connections, and bring new ideas which will help in facilitating your plans.