21 Traits of Billionaires

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Here are 21 traits of billionaires that propelled them from ordinary beginnings to extraordinary success. Because these traits aren’t inherent, anyone can work on acquiring these attributes and applying them in their lives to see greater success and wealth.

1. Grateful — Oprah Winfrey

fans are inspired by her words of wisdom like, “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.”

2. Patient — Warren Buffet

Warren Buffet has a “set it and forget it” investing philosophy, saying, “It’s pretty easy to get well-to-do slowly. But it’s not easy to get rich quick.”

3. Humble — Bill Gates

Bill Gates and his wife Melinda have devoted the better part of their fortune to improving the lives of the world’s poorest people.  Bill Gates said in a video interview for Reddit. “I essentially sacrifice nothing that I want, and there are people who are out in the field and they are giving more.”

4. Inquisitive — Larry Ellison

Larry Ellison, founder of Oracle Corporation, “The most important aspect of my personality, as far as determining my success goes, has been my questioning conventional wisdom, doubting experts and questioning authority,” Ellison said. “While that can be painful in your relationships with your parents and teachers, it’s enormously useful in life.”

5. Brave — Michael Bloomberg

In 1982, started his own company based on an unproved idea – making financial information available to people right on their desktops.  He says, “Life is too short to spend your time avoiding failure.”

6. Persistent — Mark Zuckerberg

What drove Mark Zuckerberg to success was his relentless and early development of Facebook. Which continues to reign and push boundaries in the social media space by collecting sensitive data on users, constantly changing algorithms, and offering paid advertising products, but it’s this kind of persistence that has earned Mark Zuckerberg a net worth of $33 billion, reports Forbes.

7. Tenacious — Sheldon Adelson

Sheldon Adelson, the CEO of the Las Vegas Sands Corporation, was listed by Forbes as the sixth-richest person in the U.S. with a fortune of $30 billion. He started his business career at the age of 12, but by his 30s he had already built and lost a fortune twice. Despite his losses, his tenacity never wore thin and since the opening of Sands Macao in China, Adelson’s personal wealth has multiplied by more than 14 times, according to The New Yorker.

8. Innovative — Sergey Brin

Sergey Brin wasn’t after the money when he co-founded Google – he was simply a hacker who wanted to build the best search technology in the world. And that he did. Thanks to the success of Google AdWords, he finally figured out how to get paid from all that traffic and racked up a net worth of $29 billion

9. Passionate — Donald Trump

Billionaires do not find success on their own; they use their passion to inspire and energize others and drive forward. “Without passion, you don’t have energy; without energy, you have nothing,” said Donald Trump, who has called business his greatest passion. “Nothing great in the world has been accomplished without passion.”

10. Courageous — Jeff Bezos

Amazon founder Jeff Bezos says his willingness to fail makes him a successful innovator Bezos says, “I cannot overstate how important incremental innovation is. But for the big innovation, you have to be willing to fail.”

11. Curious — George Soros

Soros is more emotionally tied to his business, and allows his natural curiosity to influence his decisions. Soros has a love of philosophy and views investing as a means for testing his theories.

12. Competitive — Carl Icahn

Carl Ichan, a billionaire investor, exhibited his competitive nature early on in life. “When I was applying to colleges, my teachers told me, ‘Don’t’ bother with the Ivy League, they don’t take kids from this area,’” said Icahn. “I took the boards anyway and got into all of them. I chose Princeton.” Ignoring the naysayers and beating the odds helped him build a net worth estimated at $25 billion by Forbes.

13. Detail-oriented — Steve Ballmer

According to one former Microsoft co-worker, Steve Ballmer “is a master of precision questioning to analyze and get to the root issues of any problem whether it is business or technology related.” This kind of detail-oriented critical thinking and problem solving helped Ballmer break down flawed conclusions and build one of the greatest software companies in the world.

14. Determined – Phil Knight

Phil Knight, co-founder of Nike,  With an initial investment of just $1,000, Knight sold his shoes and grew the company to  $27.8 billion in revenue in 2014.

15. Confident — Michael Dell

Michael Dell started selling computers from his dorm room and eventually dropped out to start Dell Computer Corporation. He says, “You don’t have to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.”

16. Visionary — Charlie Ergen

Charlie Ergen, the former President and CEO of Dish Network and EchoStar Communications Corporation, is a pioneer in satellite broadcasting.

17. Intuitive – Larry Page

Larry Page didn’t know if there were any practical applications to his work when he co-founded Google, he just knew he was onto something.

18. Strategic — Charles and David Koch

They are strategic in every decision they make, including hiring. “A lot of companies — and we’ve been guilty of this in the past  want to hire the smartest person, the most talented person,” Charles Koch said. “Well, the worst thing we can do, as we found, is hire a very talented person with poor values. If we are going to hire somebody with poor values, we want somebody who’s not very smart, because he or she will do less damage.”

19. Creative — Jan Koum

The WhatsApp owner is a self-made billionaire with a net worth of $7.1 billion, reports Forbes.

20. Fearless — Richard Branson

Richard Branson didn’t become a billionaire by playing it safe. The founder of the Virgin Group,  He says, “You don’t learn to walk by following the rules. You learn by doing, and by falling over.”

21. Charming — Mark Cuban

You’ve got to be a people person if you want to build an empire. Mark Cuban, says “People hate dealing with people who are jerks,” Cuban said. “It’s always easier to be nice than to be a jerk. Don’t be a jerk.” You got it, Mark.

There ya have folks…..   Read the full article here.

http://www.gobankingrates.com/personal-finance/21-habits-highly-successful-billionaires-like-warren-buffett-mark-cuban/

Dorothy Johnston

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