What do the world's billionaires have in common?Self-Made Billionaire Mindset Traits

After observing and contacting several self-made billionaires, I found that these world billionaires all have common thinking and common characteristics.

We have summarized these billionaires’ ways of thinking and common characteristics, so we record and share them here.

What do the world's billionaires have in common?

1. Choose a super industry
2. many products
3. Products need to be constantly iterated
4. must be able to manage
5. super super hard

Choose a super industry

The market is big, such as beauty cosmetics.

They are in a large industry with an annual profit of over XNUMX million. It does not mean that if you want to start a business, you must choose a large industry, because everyone has different goals.

In terms of past experience, we advise new entrepreneurs not to choose a large industry at the beginning, but to start with a small industry.

This requires you to look at it differently. A large industry is the most critical point for their success.

For example, in the beauty industry, why are they able to do so well?

• In fact, they say that they are just "little shrimps" in the beauty industry, and many of them have a turnover of 5 million or more than 10 billion (such turnover in the beauty industry belongs to the second-tier fighters and cannot enter the first-tier fighters) .
• Because beauty is a huge industry, we can find such huge products.
• Choose a product at random, at least tens of millions, XNUMX million, so there will often be hundreds of millions of big hits,

many products

Because even if you make a single product very large, if there are only a few such single products in this industry, the opportunity may be in the hands of some top leaders, and it is unlikely that many people will get it.

productunlimitedMore means more opportunities and unlimited products.

• For example, beauty makeup can be done from head to toe, and there are various corresponding products for each point.
• They do not rely on one or two products to make a lot of money, but rely on many, many, many products.
• For example, inTaobaoOperated by sellers who sell copper lamps on the Internet, they can make hundreds of thousands or millions by relying on hundreds of these lamps.

Therefore, a large number of products is also a very important core.

Products need to be constantly iterated

As long as the product continues to iteratively upgrade, there will be new opportunities.

In the changing industry, we can constantly seize new opportunitiesmeeting.

• Bosses with an annual profit of over XNUMX million are all very sharp-sighted. They can spot these opportunities for change in the first place and continue to create new miracles, so they can keep growing.
• One of the reasons why they can earn faster than some traditional brands is because they are constantly seizing opportunities in a changing industry.
• Therefore, rapid changes are very important for young people who want to earn hundreds of millions of assets.

If you enter an industry, basically nothing will change, how can newcomers have a chance to enter?

must be able to manage

If you want to make an annual profit of over 3 million, you must learn to manage. None of these people's teams have less than XNUMX people.

The annual profit is more than 300 million, which basically requires a team of 1000 to XNUMX people.There are also teams of nearly 2000 people.

The more people there are, the lower the individual output will be, but if you add it up, it will be a lot.

Must have strong management skills:

• Only in this way can we make a lot of products;
• Ability to manage large teams;
• To be able to create this kind of profit that has no upper limit for replication.

super super hard

The most important thing is super super hard work.

Many people think that rich people have so much money, when can they retire?

• In fact, these bosses with annual profits of over XNUMX million are working harder than most ordinary people.
• It is in them that they do not see the so-calledLife, 95% of the time is all work.

do you think theyWorkIs it to make more money?What is one of the core?

• That is, they already regard work as part of their lives.
• Work is their game, their way of life.
• For ordinary people, if you can look at your work like this, everyone will do miracles!