All net worth statistics published on Inside Billionaire are from wealthygenius.com. Net worth information may not be accurate.
This guys knows where success comes from.
Forget about just thinking and visualizing alone. To grow rich you need to find your passion, find your BURNING DESIRE, make organized plans for bringing it into reality.
And then you gotta work.
That’s where the Edge really comes from. “The edge is getting so jazzed about what you do, you just spent 24 hours straight working on a project and you thought it was a couple hours” says Mark Cuban.
Billionaire Mark Cuban may have more money than you and I can even imagine right now, the guy’s net worth is $4 billion. Yet his philosophy still is “work like there is someone working 24 hours a day trying to take it all away from you”.
If there’s one habit that every billionaire I’ve studied has, and one they exercise everyday: it’s work ethic.
These guys don’t mess around. They don’t just have an “idea” and expect the execution to take care of itself.
You think that Mark Cuban could have taken the idea of streaming sports games over the internet, and turn it into multi-billion-dollar acquisition by just “thinking” alone?
Not a chance.
Mark started with an idea sure enough.
The idea was pretty simple he wanted to listen to sports games online and back in 1995 no one was streaming anything online yet.
So he set about making ORGANIZED PLANS and founded AudioNet to bring his vision into reality.
And then? He worked. Worked hard night and day to execute his plans in real life.
And by the time he was hosting literally hundreds of radio channels, sports games and even the first Victoria Secret Fashion Show…
That’s when some luck struck and the company now renamed Broadcast.com was acquired by Yahoo! for $5.7 billion.
Netting Mark Cuban a personal profit of $1.7 billion from the deal.
That’s how it’s done. That is how you do it.
Look, thinking and visualizing — planning and preparing, these are important factors. But procrastination ain’t one of them.
And so often what I see is people with actually good business ideas. But zero execution. Just plans and visualization.
And sorry, that just ain’t gonna cut it. Not in the world of business. And especially not in the world of billionaires.
Want to start succeeding like a top billionaire business man?
It’s that simple.
You think billionaires got it easy and it was all “luck”?
The harder you work the luckier you get.
“Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don’t do it”… does that sound like something coming from a guy who got lucky?
Yeah, I didn’t think so.
Mark earned his. How are you going to earn yours?
Getting rich, especially billionaire-rich, takes sacrifice.
When Nick Woodman was starting GoPro he says: “I moved back in with my parents and went to work seven days a week, 20 hours a day. I wrote off my personal life to make headway on it.”
That’s what it takes to become a billionaire from a start-up business.
“An entrepreneur is someone who can have an idea and turn it into reality” Nick says.
“I had a lot of failure along the way. Failure isn’t easy, it wasn’t like I thought ‘oh cool, I failed’…
And success has taught me that one of the most important things an entrepreneur can have: is Perseverance.”
With the courage to persevere combined with a burning desire to become rich, and organized plans to make it happen, then it just takes patience.
Patience and perseverance has made many a man wealthy beyond their wildest dreams.
And often in just years, not decades.
The richest Indian in the world, Lakshmi Mittal, worth a whopping $48 billion tells us that:
“Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and really dedicate yourself to what you are doing and setting out to achieve.”
For every top billionaire business person that you can find, you will see work, DEDICATION and continuous persistence.
This is what makes a WINNER over the long term.
Not just thinking, visualizing, and continuously researching and planning. But working, hustling and building your business everyday.
The path to riches is not an easy one. It will not always be fun. It’s about doing what is hard and necessary today so you can live free and however you like tomorrow.
Founder of Dell Computers, Michael Dell, says:
“There are a lot of things that go into creating success. I don’t just do the things I like to do. I do the things that cause the company to succeed.”
The Dell computer company started 34 years ago with $1000.
Revenues in 1984 were just $6 million. Revenues last year were over $50 billion.
“Impossible is nothing” — Dell.
If you are willing to work. Make sacrifices along the way. And persist over long periods of time YOU WILL GET RICH.
It is just a matter of time when your preparation will meet opportunity and your time will come.
And by the way, when I say preparation. I mean work.
Billionaire Michael Bloomberg tells us:
The harder you work the luckier you get. The more time on the field in this sport of business means the more chance of scoring a touchdown…
Or like oil tycoon J. Paul Getty used to say:
“FORMULA FOR SUCCESS: Rise early, work hard, strike oil.”
Without these habits, success will always evade you. Because like founder of Twitter Jack Dorsey says, “Success is never an accident”.
Behind every major billionaire success story there is sweat, blood and tears.
Here Are The STEPS To Start Working Hard Like A Billionaire
STEP 1: Stop wasting your time.
Time is an essential ingredient of success. Without the time to work on your dreams and vision, you can never achieve the great things in life.
Free up more of your time by learning to Say ‘No’, to just about everything in your life.
If something is not productively moving you toward bringing your vision into reality. Then simply say ‘no’ to it for now.
You need to save and invest all your Time, Energy and Motivation into your business. And that’s it.
STEP 2: Stop wasting your money.
Same as wasting time. Time is money. Money can be traded for time.
When first setting out and seeking your fortune, all your resources (time, energy & money) need to be focused on it.
Quit wasting your money which could be better directed toward building your business. Whether that’s investment into your business, or simply saving your money so you don’t have to work a day job therefore freeing up more Time.
STEP 3: Start focusing everyday.
If you truly want to make things happen for you in your life, you need to focus. And you need to focus everyday.
If you are continually distracted by social media, whatsapp, and email, then you are not focused on building your business.
“Focus and simplicity…once you get there, you can move mountains.” — Steve Jobs
STEP 4: Simplify your life.
Anything in your life which is not for your success and the fulfillment of your vision… is working against you. So get rid of it now.
If it’s not helping, it’s hurting.
It’s taking your time, it’s draining your energy, it’s lightening your wallet.
You don’t need it when instead you choose to focus on your goals and vision.
Simplify your life so you’re either doing focused work, or relaxing and recovering your energies. Nothing more.
STEP 5: Relax.
I get it. You may feel like you’re behind. Like you need to catch up and quick.
This actually ends up leading to wasting more time, energy and money as you flap about trying to shortcut your way to riches.
“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
Just take a deep breath, clear your mind, pull up the picture of your vision. And go to work making it happen.
When you have put in a good day’s work. Rest. Relax. Rejuvenate.
Ensure you don’t damage your energy levels in a way that they won’t easily recover.
You should either be working fully, or relaxing completely.
STEP 5: Persevere on your path.
Now that you have your idea and are beginning to work everyday with focused attention to bring it into reality.
You need to persevere at it while the transformation is in progress.
It is almost like a download. You are downloading your plans and vision into waking reality.
What happens to a download if you quit or interrupt it mid stream?
It fails. And nothing comes of it at all.
So persevere with patience until your vision is downloaded into reality.
STEP 6: Have patience with your vision.
It does take time. It’s just a fact of reality. Great things take time but are so absolutely worth it when you get them.
Having the patience to keep on keeping on and the courage to never give up, never quitting on your dreams… is what makes them a certain reality.
So keep on going.
STEP 7: Repeat.
Work. Eat. Sleep. Repeat.
You will get there. You will have the success and riches in your life you know are meant for you.
You just need to repeat the proven formula of success over and over again until you meet with it.
Seeking your fortune is the modern warriors path. I see it as the sacred journey to wealth and prosperity….
And for one, I walk my path with focus, courage and bold determination every. single. day.
STEP 8: Signup to the newsletter (optional).
If you haven’t already you may want signup to the newsletter to keep you on track and give you the tools and motivation you need. Everything in fact to take an idea contained in your mind and turn it into a fortune in your life.