People feel that being an entrepreneur is an easier option when it comes to making quick money. But in reality, being an entrepreneur is not an easy task. And it is definitely not the quickest way to earn loads of money. The journey to being one of the Richest Entrepreneurs in The World is a long one. Anyone can be an entrepreneur. But to become a successful one takes strong discipline, consistency, and years of hard work.
As stated by Corneille, “To win without risk is to triumph without glory.” still stands true considering any business has an extreme risk factor. But, despite the high risks in the start-up world, many emerge victorious as rich entrepreneurs. Jeff Bezos is the richest man in the world today. And it was not an easy ride for him, from the beginning as well.
Qualities of A Successful Entrepreneur
So, you want to be an extremely successful entrepreneur? We have for you some intrinsic and extrinsic qualities laid out which can enable you to get there faster. If you have the below-mentioned qualities, it is only a matter of a few years until you become one of the richest entrepreneurs in the world.
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Being Passionate:
Entrepreneurs are passionate about their work. Passion is the driving force that leads to success. Be it academics, business, or any other profession. Passion adds meaning to the work you are involved in. If you lack passion in your work, you are not doing what you want to do. Therefore, it is passion that pushes one to achieve the impossible.
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Being Disciplined:
This is one trait common among the richest entrepreneurs in the world. They are more disciplined and confident than most people around them. They stick to their routine without going astray. Moreover, they work on their daily goals with confidence and persistence. They do not skip or procrastinate work-related matters and deal with them in the most disciplined ways.
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Being a Good Communicator:
Many of the well-known entrepreneurs are known to have excellent communication skills. They are exceptional orators which helps them to convince customers. It will also help in creating an inspiring work environment for coworkers. Hence, increasing sales and productivity.
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Being Competitive & Creative:
All the richest entrepreneurs in the world are competitive and creative. They do not wait for anyone to get ahead of the crowd. Competition provides a kick to their dealings. Hence, competition mixed with creativity is a fabulous combination for entrepreneurs.
How to Think Like a Billionaire?
If you want to be the richest person in the world, 2021 is a great year to start thinking like one and working for it. Hence, the below-mentioned tips will help you bring mindset shift and operate like how any Billionaire does. If you want to be one of the richest entrepreneurs in the world, you have to think about ways to make money work for you and not the other way round!
- People tend to influence people. The personalities of the people you hang out with reflect on your behavior and thinking. Moreover, birds of the same feather flock together. Rich people surround themselves with smart and successful individuals.
- The richest entrepreneurs in the world do not spend on material things and assets that can benefit them and their businesses.
- They think of multiple ways to gain income.
- They work to achieve ultimate freedom, where they won’t have to compromise their beliefs for money.
- They are born leaders. Therefore, they think of attaining success and taking others up with them.
- They think twice before investing in any other business. They level up their skills and try to learn something new from every situation they encounter.
Got some? Missing some? You can always work on yourself to develop some of the skills mentioned above!
Top 10 Richest Entrepreneurs Today:
There is nothing better than being inspired by entrepreneurs who have already made it big. Below are the top 10 richest people in the world. And yes, they are all entrepreneurs. These great brains will give you all the inspiration you were looking for.
1. Jeff Bezos – Founder and CEO of Amazon
Jeff Bezos, Founder & CEO of the giant E-commerce platform, Amazon is No. 1 in the top 10 richest people in the world. Jeff initiated his online e-commerce business by selling CDs. He slowly introduced books to the platform. Later, when the popularity of the platform grew other products were added. Thus began the legacy of Amazon.com. which has more than 200 million users today.
2. Bill Gates – Founder of Microsoft
Bill Gates is second on the list after Bezos. This genius has built the Microsoft Corporation with 250 million active users. The process to reach the top was not a merry-go-round for him too. Apart from being the second richest man in the world today, he is still a very proficient software developer, an author, an innovator, and a philanthropist.
3. Warren Buffet – Chairman and CEO of Berkshire Hathaway
He is another American investor and philanthropist, 3rd on the list. With a net worth of 10,120 Cr USD, he is the owner of more than 60+ companies, one of them being Duracell. Moreover, he spends most of his earnings on charity work and funds. This element makes him one of the best entrepreneurs ever!
4. Bernard Arnault – CEO and Chairman of LVMH
LVHM is short for Moët Hennessy Louis Vuitton. Yes, you read that right. He is the CEO and chairman of those Louis Vuitton bags you see in the market. LVHM is one of the leading luxury brands worldwide and has many other luxury brands under it. The total revenue of LVHM is 44.7 billion euros with over 5000+ stores worldwide, making Bernard among the richest man in Europe.
5. Carlos Slim Helu – Owner of America Movil and Telmex
This Mexican philanthropist has made investments in many Mexican companies and has earned most of his fortune through conglomerations. America Movil is a telecommunications company with 287.5 million wireless users. Telmex is another telecommunications service provider with users estimated at around 180 million.
6. Amancio Ortega – CO-Founder of Inditex
This Spanish businessman is the CO-founder of Inditex. It is a fashion group that has the world-famous Zara collection. There are more than 2000+ Zara stores worldwide, with its users increasing day by day. The fashion industry has seen a boost because of the exquisite quality clothes of the Zara chain worldwide. He has also facilitated his earnings from Mexican conglomerate companies.
7. Larry Ellison – Co-Founder of Oracle
This American businessman and investor is the CO-founder of the Oracle Corporation. Moreover, he is also the owner of Lanai and the Hawaiian Islands. Oracle is a fast-growing database management software product, that is, Oracle. It is a high-performance software program managing a lot of information of its users.
8. Mark Zuckerberg – CO-Founder and CEO of Facebook
Everyone is familiar with Facebook, right? Let’s meet the genius who started the Facebook saga. Mark Zuckerberg comes under one of the richest people in the world 2021. He is great at making things work over the internet. He is an internet entrepreneur and a blooming philanthropist. Facebook is a social media platform with more than 2.85 billion monthly global users.
9. Michael Bloomberg – Co-Founder and CEO of Bloomberg
Meet another American businessman and politician who has Bloomberg under him. He is very active in the political realm and was elected as the Mayor in New York from 2002 to 2013. Bloomberg is a media company with more than 325000 customers worldwide. Bloomberg provides software tools for financial guidance to many companies globally.
10. Larry Page – Co-founder and CEO of Alphabet Inc.
Here is another rich online entrepreneur and a computer scientist. Larry is the Co-founder and CEO of Alphabet Inc. it is an American Conglomerate with its headquarters in California. Moreover, Larry is the Co-founder of Google as well. Google has more than 40 billion users worldwide.
These examples signify that dreaming big is easier than continuing to believe in it. But putting it into action can be a hard job. With the world blessed with so many unique and brilliant minds, the possibilities to achieve the best are endless. It is rightly said that the sky is the limit and hard work never fails to pay off. All the entrepreneurs mentioned above did not easily get to the top. It was a difficult uphill task. And the few who are determined to reach the top are the ones who truly get to enjoy the view.
Entrepreneurship is a space where you can define your growth. All you need is a good mentor and the right resources to start your game. Leveling it up will take some time. But it will happen. All you have to do is give it your all and wait for the flowers to bloom. Money is an outcome of a strong mind, smart strategies, and ethical practices throughout the course of your journey as an entrepreneur.
You can also check this out 5 Famous Businessman in India in 2021
Looking for more inspiration and tips from the richest entrepreneurs in the world? Stay tuned for our upcoming blogs!