In today’s blog post I wanted to share a couple of infographics. The first one features the”10 Youngest Billionaires of Our Time: How Did They Do it?” shared with me by one of my readers (thanks Madeline). These young billionaires have done some amazing things and most of us have been affected in one or another by what they have achieved (I mean, who has not been affected by Facebook or what it has done to change social media). You may notice that many of these young billionaires did have an advantage and that in most cases is family money or the means to attend a very prestigious school (could be money could be intelligence) so the question begs – do you have to have that advantage to become a billionaire? Well, I wondered this as I don’t have either (family money or the means to attend Harvard, Stanford, or MIT) and of course who wouldn’t like to become a Billionaire Entrepreneur (or at least a Millionaire)!
So I did a little digging and the good news is there is hope for anyone who wants to work hard, take risks and persevere to become a billionaire entrepreneur! Sara Blakely who invented Spanx and was added to the billionaire list in 2013, (from as far as I can tell) she was an everyday person who attended a public high school and a State university. She came up with an idea that she believed in. She worked long and hard to research and develop the idea and her entrepreneur road wasn’t easy but she persevered and as we know today the rewards were great. Then I found another infographic that shows what self-made billionaires have in common. The most well-known (for me anyway) was Larry Ellison, the founder of Oracle, who was an orphan, was brought up by relatives on the South Side of Chicago, was not born into money and did not have a college education. He learned computer programming on his own and one of his first jobs had to create a database. He then started Oracle databases, one of the most used database in the world.
Okay so some of the becoming a billionaire usually does require a bit of luck, whether it is being in the right place at the right time, making the right contact or having family money to back you up, but you won’t get there without hard work, perseverance, taking risks and belief in your idea. So get going on developing your idea and developing yourself as an entrepreneur (you are not getting any younger)!
Sources: 10 Youngest Billionaire Infographic: Masters-in-Accounting.org; Sara Blakely story: spanx.com; Self-made billionaires’ infographic; entrepreneur.com; Larry Ellison story: businessinsider.com.
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