What sets a billionaire businessman apart??
Discussion
I'm always interested in what is actually being measured and quoted wealth wise.
I am told that there is a certain amount of journalistic licence with rich lists, ie assets being counted but not liabilities.
As with any cohort of entrepreneurs some will be much more successful than others, wish I was one of them.
I am told that there is a certain amount of journalistic licence with rich lists, ie assets being counted but not liabilities.
As with any cohort of entrepreneurs some will be much more successful than others, wish I was one of them.
Globulator said:
In general I think these qualities are needed:
1 )Luck.
2) Opportunity. I.e. Bill Gates didn't have to get a job right away did he?
3) Luck.
4) Actually doing it. Many many, many people fall at this hurdle
5) Luck.
EFA.1 )Luck.
2) Opportunity. I.e. Bill Gates didn't have to get a job right away did he?
3) Luck.
4) Actually doing it. Many many, many people fall at this hurdle
5) Luck.
Many successful people play down just how lucky they were because it makes them appear less talented.
ProfessorPeach said:
Wacky Racer said:
Richard Branson, Philip Green, Bernie Ecclestone, Mike Ashley, Warren Buffett, Ken Morrison, Roman Abramovich, Rupert Murdoch, Sergey Brin
I notice that none of these people are married to my wife.Coincidence?
Guvna said:
I think that taking the step from multi-millionaire to multi-billionaire takes real balls and luck. I would be tempted to call it a day at £100 million... if I ever get there
I don't know you personally, but I'm almost certain you wouldn't.It's usually a gradual process amassing that kind of wealth, and by the time you're at £80 million, £100 million won't seem that much, and you'll probably be focussed on the next milestone.
I hope you get the opportunity to prove me wrong though...
There is lots of speculation about all the big players having mob ties and it wouldn't surprise me.
I still think the key factor, is determination. Even though it's not often mentioned, a lot of these people must have had failures on the way which would have put any normal person off carrying on.
That's what I admire the most about these people.
I still think the key factor, is determination. Even though it's not often mentioned, a lot of these people must have had failures on the way which would have put any normal person off carrying on.
That's what I admire the most about these people.
Edited by al1991 on Friday 2nd July 20:37
traxx said:
yeah - funny enough Richard Branson doesn't mention his little early run in with Customs and Excise much does he?
Err, he even discusses it in his own autobiography..! 
As to the rest, clearly written by someone much more successful than RB.
Politics of envy? Just a tad maybe...
Balls (sorry Nolar), aptitude, luck.
Balls to get other peoples money (never use your own), blag your credentials to sell your products/idea, brilliant sharp business brain, charisma - if people don't like you they won't buy you product no matter how good it is.
Same as running any business, but with huge bollicks.
Balls to get other peoples money (never use your own), blag your credentials to sell your products/idea, brilliant sharp business brain, charisma - if people don't like you they won't buy you product no matter how good it is.
Same as running any business, but with huge bollicks.
So much of it seems to be the will to risk everything. Many seem to have spent much of their time very nearly bankrupt until they actually made it. Most people would like to be successful, but how many would risk their home? their parents home and their partners parents home if it all goes wrong. For every billionaire who made it there are thousands who ended up broke and destitute. A lot is undoubtedly being in the right place at the right time though, but really, how many of you really want it that badly? so much that you will continually risk everything until you finally have made it? But then, how do you know when you have 'made it' how much is enough? How many yachts, islands and private jets are enough? For many of these people, they are not driven by material gain, but by their sheer competitiveness, trying to beat the next guy. That is why many of them never 'retire', it is simply not in their nature.
How many of you who wonder 'why isn't that me?' can honestly say that is the way you think?
How many of you who wonder 'why isn't that me?' can honestly say that is the way you think?
LD1Racing said:
Most people would like to be successful, but how many would risk their home?
This didn't used to be such a common requirement - hence the invention of the Limited company. Banking these days however wants you to take all the risk, which they take none.Probably why many now don't even try.
LD1Racing said:
How many yachts, islands and private jets are enough?
Glad you ask I will take two £100mil plus boats. One parked at Monaco and the other in the Caribbean. This one owned by Dubai would do until I can design my own one
Just the one private Jet. Probably an A380
I would want to buy every property in Zanzibar and rename it ''Guvna Island''
Then I will know I have made it
[/pistonhead talk]
monthefish said:
by the time you're at £80 million, £100 million won't seem that much, and you'll probably be focussed on the next milestone.
I agree. I think that once you go past the 100 million cash mark you probably have everything that you could ever want. Gaining more wealth is more of a challenge that a requirement.Edited by Guvna on Friday 2nd July 21:46
Dick_Phallus said:
Becoming a millionaire requires brains, ambition and a lot of hard work (in the main) with very little of it being luck. Becoming a billionaire depends a lot more on luck I'd imagine.
Who really knows?. A lot of very clever people arent wealthy, or dont appear to be motivated by money, some people of very average intelligence become millionaires. Dont no about the hard work thing either, i no people who bust a gut and never have a bean. Being born into money helps, its such a massive boost in life, its the easiest way to be wealthy, on a plate, but only if you take it and run, depends on the indivduals personality. Being ugly helps, ecclestone, sugar, branson etc; abromovich just looks haunted, although that might be because hes worried someone might shoot him!.Rocksteadyeddie said:
titly said:
YOU HAVE more chance of being a billionaire if you are Jewish!!!!
Really? Sure?Go on, give us a clue.
On what basis?
Edited by titly on Friday 2nd July 23:08
titly said:
i was reading somewhere that a high % of billionaire were jewish, steven spielberg abromavich, phill green, ralph lauren, etc.... and alan sugar if hes a billionaire.
The rest however live in a police state, with high taxes and low quality of life due to their subservience to the war masters who run the place.In Canada however there are not a huge percentage of Millionaires - but people are happy. If you want to meet the most number of millionaires and see how happy they are, take a walk around The City (in London) and see how contented they are
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