The Top 10 Billionaires And Their Success Mantra - 1862 Words

THE TOP 10 BILLIONAIRES AND THEIR SUCCESS MANTRA â€Å"Wealth is the ability to fully experience life†- Henry David Thoreau. Money is the one thing that defines the magnitude of success in this commercial world. Money paves the way to power and power drives the way to more money. This is a vicious cycle yet a gratifying one. The way the world sees success is through the eyes of money and power. However, success doesn’t come easy. Success creates this iceberg illusion, where people just see the success of great people. What goes into the making of success are a plethora of factors such as persistence, dedication, hard work, good habits, sacrifice, perseverance and the ability to thrive through disappointments. So how do great people stay great? What is their success mantra? How did the billionaires become the billionaires as we know them? Let us see their success stories and their advices of wisdom. BILL GATES Forty years ago, two teenagers started off their business with the goal of a computer on every desk and their software in each of these computers. Today the dream is a reality. Thanks to the amazing vision of these young lads; they were none other than Bill Gates and Paul Allen. The small computer software business they started decades back has grown into a multi-billion company with thousands of employees. Bill Gates is an American entrepreneur, investor, philanthropist and a technology giant. He is the co-founder of Microsoft, the company which revolutionized the fieldShow MoreRelatedWarren Buffet s Leadership Style859 Words   |  4 Pagesmost successful investor in the history of the world. (1) He is the Chairman and CEO of Berkshire Hathaway, USA, leading over 300,000 employees with values-based and authentic style of leadership. He makes his employees his top priority and gives them equal credit in the success he achieves. This has resulted in making the company the fifth-mos t-valued, in America. (2) Buffet is known for his authenticity and ethics. He is also described as generous, trustworthy and supportive. He is the 3rd wealthiestRead MoreMicrosoft began when two inspirational young men, Bill Gates and Paul Allen, to develop BASIC1800 Words   |  8 PagesMicrosoft practices an extensively used practice of a board of directors. Each affiliate of this board supports in the company’s decision-making method. Because of this type of top-level structuring, Microsoft ensures that not one single individual is making all the decisions for the company. Total board members number 10 that compose the board and within that team of board members is also a group of five committees. 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As Fortune magazine stated in late 1996, â€Å"If a vehicle is in demand and generates high profit margins, you can bet Chrysler’s making it.†4 While Chrysler’s success and relatively conservative management style attracted praise from industry observers, it also attracted the attention of Las Vegas billionaire Kirk Kerkorian, w ho with the help of retired Lee Iacocca, mounted a hostile bid for Chrysler in 1995. The (U.S. dollar) $55 per share ($27.50 today following a 2-for-1 stock splitRead MoreExploring Corporate Strategy - Case164366 Words   |  658 PagesECS8C_C01.qxd 22/10/2007 11:54 Page 597 CASE STUDIES ECS8C_C01.qxd 22/10/2007 11:54 Page 598 ECS8C_C01.qxd 22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow theRead MoreMarketing Mistakes and Successes175322 Words   |  702 PagesASSISTANT DESIGN DIRECTOR SENIOR DESIGNER SENIOR MEDIA EDITOR George Hoffman Lise Johnson Carissa Doshi Dorothy Sinclair Matt Winslow Amy Scholz Carly DeCandia Alana Filipovich Jeof Vita Arthur Medina Allison Morris This book was set in 10/12 New Caledonia by Aptara ®, Inc. and printed and bound by Courier/Westford. The cover was printed by Courier/Westford. This book is printed on acid-free paper. Copyright  © 2009, 2006, 2004, 2001, 1998, 1995, 1992, 1989, 1986, 1981, 1976 John WileyRead MoreCase Study148348 Words   |  594 Pageselectronic, mechanical, photocopying, recording, or otherwise without either the prior written permission of the Publishers or a licence permitting restricted copying in the United Kingdom issued by the Copyright Licensing Agency Ltd., Saffron House, 6-10 Kirby Street, London EC1N 8TS. This book may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published, without the prior consent of the Publishers. 2  © PearsonRead MoreInside the Meltdown49737 Words   |  199 Pagesinstruments are credit default swaps (CDS). What are they?] Credit default swaps  are like bond insurance. You hear bond insurance and think, what could be safer and more boring than that? ... But what smart financial engineers figured out in the last 10 years is that you can use bond insurance to make huge bets on companies. Before these credit default swaps, let s say I thought when Ford sold bonds, that they were underpriced. †¦ I could buy the bond for $100, and then let s say it s paying 6 percent;