3 Secrets To Becoming A Billionaire

Founder and director of China Market Research Group Shaun Rein contributes a very interesting article to Forbes.com.

Shaun and China Market Research Group ask: “What does it take to become super-rich?” and answer by interviewing:

Chinese Real Estate Tycoons
Playboy American Internet Moguls
Indian Conglomerate Magnates
European Retail Heirs

According to Mr. Rein, though “…almost everyone we interviewed said luck and timing played a role in their success”

Rein and his team were able to summarize all they learned to 3 secrets of the super rich.

Number 1: Don’t be afraid to fail

Most of Rein’s interviewees told him that at some point they had had a choice to either stick to an easy, secure route or take a calculated risk.

“To reach the truly heights of wealth, some risk is needed. If you look for security in a job or are scared to try something different, you won’t get far in the pursuit of true wealth.”

And when they fail…the truly rich learn from their mistakes and get right back up avoiding ” the real failure of letting a bad experience destroy their optimism and their passion.”

An Internet executive told us how his net worth had surpassed $1 billion during the dot-com bubble. He had partied with Elton John and jetted around the world on in his own Gulfstream. His net worth collapsed when the bubble burst. Instead of letting failure and financial difficulty stop him, he went out and tried again. He learned from his mistakes and created another tech company that actually had a business model and didn’t rely merely on eyeball hits and being cool. The result? He just sold his last company for several hundred million dollars. He has that jet back, but he isn’t resting on his laurels at the beach. Instead, he has started yet another company.

Number 2: Look Creatively At Problems To Find New Ways To Make Money

Mr. Rein’s subjects said they tend to look at problems differently and try new things.

They may not do something different just for the sake of doing something different but they definitely don’t do the same thing just because everybody else is doing it.

An oil executive told us how decades ago he had wanted to make better use of gas stations. They were profitable, but he felt they wasted space. People would drive up, fill up and then drive off again from the expensive real estate. His solution? Put in convenience stores, so people could buy gas and snacks at the same time. At first, he got a lot of ridicule for the idea. Who would buy petroleum and coffee together?

Most new ideas are met with resistance.

But the truly rich look at problems creatively and don’t let a little criticism stop them from doing what they believe is right.

Now the third secret is going to throw you a little bit (at least it threw me)

Number 3: Marry well

Well maybe it threw some of you Moguls out there…but many of you Models already know what time it is.

According to Shaun Rein, this is important!

But maybe not how you might think.

Its not so much that you have to become rich by marrying a rich person (thought don’t rule it out)….

Its more that to become rich you need a spouse who will stick by you thick and thin through the struggle, stress and sacrifice it takes to become truly rich.

Many of the rich we talked to had been through long patches of poverty. They rented rather than bought their homes or took out triple mortgages to get cash flow for their start-ups. Some spent years working out of the garages or working double jobs to pursue their passions. Some made it big but then lost it all before bouncing back again. Make sure you find someone who believes in you and is willing to accept the hardship it takes to get to the top.

Rein reminds us not to forget family and health in the pursuit of wealth (somethings are priceless).

So these are the 3 secrets to becoming a billionaire or “truly wealthy” as Reid puts it.

Number 1: Don’t be afraid to fail

Number 2: Look Creatively At Problems To Find New Ways To Make Money

Number 3: Marry well

Shaun Rein has given you 3 very valuable secrets, on becoming a billionaire, straight from the mouths of billionaires and multi-millionaires themselves.

Another source of valuable, real-life information on building a million dollar empire comes from Rob Benwell.

Rob Benwell is the young blogging millionaire from the UK who has released a digital download of secrets he learned through years of trial and error that helped make him a million dollars blogging!

Want to download your own copy of blueprint that makes Rob Benwell up to $101,919 per month….blogging?

Just click below to download it now:*

http://www.modelsandmoguls.com/How-To-Make-A-Million-Dollars-Blogging.html