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Showing posts with label motivation. Show all posts
Showing posts with label motivation. Show all posts

Saturday, July 21, 2012

75 Impeccable Business Advice from 39 Billionaires




Are you an entrepreneur or a small business owner? Are you seeking business advice that will help you start a business? Do you want to become a billionaire in your lifetime? Do you want to build a successful business and become a successful entrepreneur? Do you want to learn what it takes to make a million dollars and become a millionaire in less than a year? If your answer to any of these questions is yes, then read on.
Today, I will be sharing with you some business advice from the billionaires. Some of these billionaires are drop out billionaires but they have one thing in common, they all built successful businesses. So if you are ready to learn, then sit back and read on as I share with you 75 impeccable advice from 39 billionaires.

Donald Trump: Work hard and your kids will, too


Donald Trump
Donald Trump: Work hard and your kids will, too
Donald Jr., Ivanka, and Eric Trump are all part of the family business, and reportedly not just as figureheads. Evidently, this isn’t by accident: their father raised them to be astute students of real estate.
“I believe supervision, discipline and a strong example to be important,” Trump told Forbes. “My children saw how hard I worked and that created a norm for them. Likewise, they have very strong work ethics. Children watch, and adults have to realize the effect they are having on their children in their behaviors and habits. Children who are spoiled have less of a chance at a well-balanced life.”

Father's Day Advice From Billionaires: How To Not Raise Spoiled Kids

NEW YORK - APRIL 09:  (L-R) Donald Trump and h...
(L-R) Donald Trump and his children Eric Trump, Ivanka Trump and Donald Trump Jr. in New York City. (Getty Images North America via @daylife)

One of the great ironies of clawing your way to becoming super-wealthy is that your children might end up too lazy to lift a finger.

A message from Saudi's billionaire, Sulaiman Al-Rajhi


Sulaiman Al-Rajhi
“In our life, we practice some extravagance without being aware of it…. For example, there is no logic in putting heavy curtain on our windows and then lighting lamps in daytime when we get sunlight free of cost while electric lamps are costly.”
 As I read these words, I was intrigued by not only the sagacity and starkness of the idea, but also by the speaker of that statement. Sulaiman Al-Rajhi is Saudi Arabia’s rags-to-riches billionaire who was last year listed by Forbes as the 120th richest person in the world. Today, all he owns are his garments. (His interesting interview & profile can be read here.)
I’ve gleaned a number of lessons from what I read about him today. But what piqued my interest the most was his definition of extravagance. There is this notion in some religious people that wealth, by default, is bad – that piety and wealth are antonyms.
A speaker had once rightly debunked that myth and defined wealth as a magnifier of what is inside the person it belongs to. If a person is inherently good, his wealth will glorify his virtues, while a bad person’s riches will only serve to exalt his evil.
As opposed to his other famous billionaire compatriot who is renowned worldwide for his epicurean lifestyle, grand palaces and private luxury jets, Sulaiman Al-Rajhi travels modestly.
“I always travel in economy class with the conviction that Allah bestowed us wealth not for showing arrogance or spend extravagantly but to deal with wealth as a trusted property.”
That, exactly, is the point I want to adopt as my spending principle inshaAllah – that I have Allah’s property entrusted to me for judicious spending. Though Allah has helped me to keep extravagance at bay in major things in life, but after reading and reflecting on this billionaire’s example of subtle or unsuspecting acts of extravagances in our everyday lives, I’m hoping to now try to discern and deal with them around me inshaAllah.
After all, better we do this check and balance here and now, then postpone it for the Day on which no feet will move till we have explained away how we earned and how we spent each penny entrusted to us in this life.


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