Saturday, April 20, 2024

4 billionaires’ workable tips on how you can be a millionaire

1). KEVIN O’LEARY: WORK FOR YOURSELF AND WORK LIKE A DOG.

kevin-oleary

“First of all, you’re not going to become a millionaire working for someone else. That’s a highly unlikely outcome, unless it’s an entrepreneurial situation where you’re getting some equity in the company. If you can afford to take a risk and you’re young enough, either start your own company or be involved with one where you’re racking up equity. There’s no other path to becoming a millionaire. No employer is going to let you make a million dollars off of their business. They don’t have to.

“Realize that if you want that path, that journey to becoming a millionaire, you have to sacrifice a lot and work like a dog. I did. There was no balance in my life. I wasn’t even around when my kids were young. But today, I can afford to gather them with me every weekend anywhere on Earth I want to.”

2). ROBERT HERJAVEC: FIND A NEED AND SOLVE A PROBLEM.

robert-herjavec

“You don’t become a millionaire because you’re singularly focused on making a lot of money. You’ve got to go back to the basics. Find a need, solve a problem and, most importantly, make sure you have a customer. If those things are in place, and you have the ability to scale, now we’re talking. It’s going to be incredibly hard work. Harder than you’ve ever imagined, but it’s the best time in America to start a business. The time is now!”

3). DAYMOND JOHN: FIND YOUR PASSION AND PURSUE WHAT YOU LOVE.

daymond-john

“Don’t think about the money. Go out there and do something that you really, really love, even if it’s not something you went to school for. Find out what your passion is. I can’t guarantee that you’re ever going to make a dollar doing anything, but do something that you absolutely love and you’re going to look back over the years and say that you enjoyed life.”

4). CHRIS SACCA: DON’T BLOW YOUR MONEY AND STAY OUT OF DEBT.

 

chris-sacca

“My best piece of advice for the quickest way to get rich is to not spend any of your money, and then you’ll have more than you need. People get out ahead of themselves in debt with spending on all of their desires. But if you learn to live pretty simply and well, well under your means, you feel incredibly, incredibly rich and that frees you up and gives you the option to start something new, to leave the job you’re not excited about, where there might be a glass ceiling on you.

“Just don’t spend your money and you’re well on your way to becoming a millionaire. You don’t get rich blowing your money, that’s for sure.”

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