73 of the world’s 100 wealthiest are self-made. Here’s how they did it.
Self-made millionaires now dominate the ranks of the world’s richest. Not surprisingly, a few uncontrollable factors make it easier to be that rich, including the country and culture you are born into. However, even those who find themselves in less-than-ideal situations can make it.
Anna Vital recently came up with another infographic that outlines the these self-made billionaires have in common.
Source
What orphan billionaires without a degree did:
- Bought ruined ventures
- Eat with employees
- Made investments
- Had a single, life-changing deal
- Micromanage
- Foresee trends
- Tried multiple businesses
- TOOK RISKS
Observations
- Just because you can make it without a degree or support from family doesn’t mean those things don’t help.
- Could you still be called “self-made” if you’re one of the 64 billionaires who weren’t born to poor parents?
- Where does “self-made” even begin?
- Investments help offset risk.
- Blue collar doesn’t necessarily translate to poor, such as in IKEA founder Ingvar Kamprand’s case.
- Most of these billionaires live frugal lives, comparatively anyway, compared to their sizable fortunes.
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