Showing posts with label 100 Billion Dollars. Show all posts
Showing posts with label 100 Billion Dollars. Show all posts

100 Billion Dollars

100 Billion Dollars that’s like, * Google  Number*

$100,000,000,000

Sad reality but true…

Most People do not have what it takes to become  MILLIONAIREs.

Here’s why:

1. Lack of Purpose

The majority of People in the world lack purpose. What this means is that most 

People don’t really know why they exist.

The most important question is not HOW TO BECOME A MILLIONAIRE but WHY YOU 

SHOULD BECOME A MILLIONAIRE.

Many MILLIONAIREs didn’t just start off following selfish interests and Goals 

to buy luxury cars and expensive homes. They had bigger purposes and Goals to 

uplift the lives of their families and communities.

2. Lack of Ambition

Ambition is the fuel that drives purpose, therefore if you lack purpose then 

you will automatically lack ambition.

As such the majority of People in the world lack ambition. Lack of ambition 

means you cannot grow inwardly and outwardly as a person.

Many People who conquered the world such as Alexander the Great, Julius Caesar 

and Napoleon, all had great burning ambitions.

This is the same for People who became great athletes, boxing champions and 

MILLIONAIREs.

3. Procrastination

Procrastination is the Failure to take positive action.

Procrastination is perhaps the greatest enemy of Success and as such, the 

greatest roadblock to becoming a MILLIONAIRE.

Most People just drift by in life, without any particular purpose or Direction. They spend many hours just drooling and dayDreaming and doing nothing.

As a result they end up becoming poor.

4. Lack of Discipline

Lack of discipline is perhaps one the greatest hindrances to Financial  Success.

The world is full of Failures who simply lacked Financial discipline and 

proper planning.

There’s no such thing as an accident. Every Failure is a result of an error in 

human judgment.

Opportunities and chance come to everyone, although not at the same time but 

they really do, and when they come, lack of vision, Financial discipline and 

unpreparedness greatly undermines Financial Success.

For example, Mike Tyson made a neat fortune in boxing during his hey days.

However, due to lack of Financial discipline (about that later) and a 

MILLIONAIRE mindset he squandered it all through reckless living.

See this answer by Dave McKagan on Quora:

Dave McKagan's answer to How did Mike Tyson lose his money?

5. Lack of Patience

Most People simply do not have the patience to become MILLIONAIREs.

Consider when you plant a seed in the ground, you probably don’t understand 

how the seed germinates a few days or weeks later. Neither does it help by 

checking the progress each and every day.

But a few weeks later when you check it, you’ll Find that the buds have shot 

up and the plant is beginning to grow. A few more weeks and it becomes a big 

plant. All this takes some work, time and a process.

This is where patience comes to play.

Seed is the raw material you put into the soil and work is the time and effort 

you invest. Process is what takes effect without your interference. It is 

beyond your control.

Most People would probably want to plant a seed and eat its fruit the 

following morning.

6. Lack of Focus

The Successful warrior is the average man with laser-like focus

— Bruce Lee, Kung Fu Martial arts legend.

Perhaps the greatest hindrance to Financial Success is lack of focus. Most 

MILLIONAIREs I know are highly focused individuals.

Chinese Billionaire and Chairman of the Alibaba Group, Jack Ma, often says 

that he gets about 5,000 new business ideas every day. Unfortunately, he is 

forced to turn them all down preferring to remain focused on delivering 

quality service to the Millions of customers and suppliers who visit his 

online stores daily.

7. Hard Vs Smart Work

Most People will not become MILLIONAIREs because they never learned how to 

work smart.

You have heard it said that hard work pays off. I would say that smart work 

pays off.

In the 19th century, it took about 30 years to become rich.

In the 20th century, it took less than twenty years to become rich.

in the 21st century, it takes as little as six months to become rich.

All this depends on the smart implementation of a simple law called leverage.

MILLIONAIREs learn how to leverage other People’s time.

MILLIONAIREs learn how to leverage other People’s money.

MILLIONAIREs learn how to leverage other People’s skills and talents.

MILLIONAIREs learn how to leverage machines and automation.

8. Lack of Life-Long Learning

For most People, learning stops as soon as they graduate college or 

university.

Although continuous learning is a lifestyle, most People will never learn 

anything new to improve their lives.

For example, a computer comes with default settings from the manufacturer’s 

assembly line. We hardly use the computer before customizing it with our own 

settings and preferences, most of which involves installing custom software.

Humans have many similarities to a computer but we rarely realize it. As such 

most People will never learn new ways to improve their lifestyles and 

Financial well being.

9. Lack of Consistency

Most People will not become MILLIONAIREs because they lack consistency.

Most MILLIONAIREs and Billionaires I know implemented just one business idea 

or product, and remained faithful and consistent with it for a long time.

Coca-Cola is remarkably one of the most consistent brands in the world. Known 

for its consistent advertising campaigns that often change, the general themes 

expressed in the ads do not. Coca-Cola is known for reinforcing the ideas of 

happiness, togetherness and refreshment in ads across the globe.

During its 132-year history, this strategy has heavily paid off bringing a lot 

of money to its investors. How many companies last that long?

10. Mindset

The biggest difference between the rich and average People is not found in 

their education, luck, skills, or choice of investments — it's found in their 

mindset.

Mindset defines how you think, speak and act. It deFines your vocabulary.

Frankly, most People do not have the mindset of a MILLIONAIRE. The most 

difficult project on earth is not to Earn an MBA or PhD Degree, but to change your mindset.

Most People have a lot of money but still have the poverty mentality. This is 

true when you consider that many People win large sums of money through 

lotteries but lose it all after only a couple of years.

The poverty mentality is taught through our social and education system by our 

parents, peers, schools and the job market. In fact our education system still 

uses the 19th century education model which was to provide the labour market 

with qualified staff.

That’s why most People still look for jobs after graduating college, instead 

of chasing the entrepreneurship Dream, which although laden with risk, gives 

you the greatest opportunity to become a MILLIONAIRE.

A MILLIONAIRE mindset is the ability to make a Million dollars even after 

losing a Million dollars. In other words, losing a Million dollars is nothing 

compared to losing your MILLIONAIRE mindset.

11. Fear of Failure

The greatest roadblock holding most People back from becoming rich if FEAR.

The process of building and acquiring wealth feels out of reach and impossible 

to most People.

When we were kids, most of us liked to take big risks and as such we learned 

how to crawl, how to walk, how to run and Finally how to ride a bicycle. As a 

kid brimming with faith, I can vividly remember how I used to believe that one 

day I would become rich and eliminate all our family’s Financial problems.

However, as we grew older, we began to listen to a barrage of constant voices 

from adults warning us that we shall fall if we try this, or we shall Fail and 

get embarrassed if we try that and so on. Gradually, we lost our inner courage 

and eventually, we completely replaced our courage with fear.

Life is about taking risks, but the risks must be calculated. Learning how to 

analyze, calculate, manage and take calculated risk is a common trait many 

MILLIONAIREs have.

I think it is safe to say that because most People fear to Fail they will 

never become MILLIONAIREs.

12. Fear of Success

Believe it or not, most People fear Success as much as they fear Failure. As 

such most People are afraid of becoming MILLIONAIREs.

I recently read with shock, an article on Insider, about a Texas engineer who 

fears that she’s earning a lot of money.

Convinced that she was unable to manage all the money, she approached a 

Financial consultant to manage the money on her behalf and recommend Good ways 

to invest her money.

The Financial consultant recommended a Financial plan that included maxing her 

401(k) and savings, investments, giving to charity, tax plans and a host of 

other ways to ensure a comfortable retirement.

Chrometophobia (intense fear of money) is a common condition with most People. 

Nobody knows exactly why this happens, but it is commonly believed that the 

condition has something to do with upbringing.

Most People are brought up in an environment of lack of money, therefore they 

believe that money is associated with evil. The condition doesn’t go away even 

when we become adults, because by then our minds are already conditioned.

This affects our spending habits and our ability to become rich, which makes 

it difficult to save any money for the future. This happens because we are 

subconsciously trying to get rid of this ‘perceived’ evil called “money”.

13. Shinny Object Syndrome

Most People will not become MILLIONAIREs because they are distracted by the 

shinny object syndrome.

They believe that to become a MILLIONAIRE one needs to have that one lucky 

break like winning a lottery or stumbling upon a secret formula. In fact most 

People believe that the MILLIONAIRE trait is something you’re born with.

What a myth!

According to Forbes, 80% of the world’s richest People in 2017 were self-made 

meaning that only 20% inherited their wealth. In fact 20% of those 80% are 

women.

14. Time Management

It has often been said that “Time is Money” and it is.

Most People will not even come near to becoming MILLIONAIREs because they 

cannot manage their time.

There are only 24 hours in a single day and this is the only time available to 

each one of us.

We are obligated to spend 8 of those hours either working, going to school or 

attending college.

And we are mandated by nature to spend 8 of those hours sleeping. The 

remaining 8 hours are to be spent at our discretion. We can spend the time 

either on the couch watching television, movies, playing games or on a beer-

drinking spree at the local pub.

The proliferation of social media has ensured that entertainment is brought 

into our bedroom.

Alternatively, we can also spend the time attending a business course or 

building a business that would one day make us MILLIONAIREs.

The difference between the rich and the poor is decided on how we spend the 

discretionary 8 hours.

15. Bad Choice of a Financial Model

Since most People shun Financial education, they’ll never learn how to select 

the best Financial vehicles.

As such most People opt to consult Financial advisors because they never spent 

time learning about money, and how to identify the best investment vehicles.

Unaware that even these Financial advisors need subsequent Financial advice 

from other experts, they trust their money to these People who end up 

investing their hard-earned cash in slow investment vehicles that cannot even 

beat inflation.

Well the first thing I’m going to is get myself a lawyer because somebodies 

gonna try and get taxes off my money. After all the formal stuff is taken care 

of, here’s what I’d do.

“Congrats Mom and Dad! Here’s twenty Billion dollars!”

*reluctantly gives Million dollars each to two sisters* “Spend it wisely you 

two.”

“Here other family members! Here’s a Million! Split it evenly and make your 

own lives better!”

Average 80 Billion, left… Might as well give Millions to charities!

79 Billion left.

Store 31 Billion for future use so I don’t spend it all.

50 Billion left.

*sits at desk stumped* What do I do with 50 Billion dollars?

*snaps Fingers* I know what to do!

*goes out and gives some to the homeless* *gives some to People who need a 

little help* *starts a new charity* *Buys a truck load of ice cream* **sneaks 

into the nearest college and starts handing out 100 dollar Bills to students* 

*buys a mansion* *goes to animal shelters and takes in all the cats* *gives 

People who need a job one by taking care of the mansion full of cats* *starts 

community gardens* *travels to the poorer countries and converts money to 

their money to give to those in need* *travels to Japan with sister and buys a 

lot of anime merch* *takes a break from money to spend time with other sister* 

*attends as many comic-cons and anime-cons as I can* *considers future 

hobbies*

I lost track of how much money I spent. Might not be the best idea to give me 

that much money.

The most important thing is I would try to be happy and make others around me 

happy. That’s what I would do.
================================

REVENUES ($M)

1Walmart$500,340
2State Grid$348,900
3Sinopec Group$326,900
4China National Petroleum$326,000
5Royal Dutch Shell$311,800
6Toyota Motor$265,170
7Volkswagen$260,020
8BP$244,580
9Exxon Mobil$244,360
10Berkshire Hathaway$242,130

===============================

Here's where the CEOs of the top 10 Fortune 500 companies went to school

10 highly Successful People who wake up before 6 a.m.

Doug McMillon, Walmart. ...
Darren Woods, Exxon Mobil. ...
Warren Buffett, Berkshire Hathaway. ...
Tim Cook, Apple. ...
David Wichmann, UnitedHealth Group. ...
John Hammergren, McKesson. ...
Larry Merlo, CVS Health. ...


==============
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Apple. ...
ExxonMobil. ...
McKesson. ...
UnitedHealth Group. ...
CVS Health. ...
General Motors.

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