Friday, March 23, 2012

Billionaire Strategies

Billionaire Strategies

What is a billionaire strategy?

You must crystallize your thinking – build the image. Determine what you specifically want to achieve. Then dedicate yourself to its attainment with un-swerving singleness of purpose.

Very clear and precise action to an attainment of your focus, this is not the achievement of a goal, though this is very powerful, or the completion of an action as Carlos Slim writes in an article on this site, there are no exits strategies in this game. The player is in it to play the game for the long term.

Quoting from Carlos' article;

It’s not a coincidence that all the World’s wealthiest entrepreneurs continue to work long after they need to. They don’t see it as work, so there’s nothing to retire from. If retiring means giving up work to do what you enjoy, Warren Buffet retired the moment he started investing. Pilots don’t exit. They’re too busy having fun flying.

Exit strategies are for the passengers, not for the pilots. The last thing you want to hear when you get on a plane is that the pilot will be bailing out at 30,000 ft. The last thing you want to hear if you’re investing in Microsoft is that Bill will be bailing out once the stock price hits $40.

The article goes in more detail about other billionaires that have come into their wealth by chance though it is clear the focus that these people have in the attainment of their mission in life, living everyday immersed in what they love to do and by chance they have become extremely wealthy.

What are your thoughts? Have you ever been so immersed in the attainment of a goal or an action that you have not only achieved the goal you went far beyond it, and you completely surprised yourself?

Enjoy.