The richest people in the world climbed their way to the top of the fiscal food chain with business savvy, smart investments and dreams of making a meaningful impact on the world.
Find out how to become rich — and how to stay rich — with 10 inspiring tips from billionaires like Bill Gates and Warren Buffett.
SEE ALSO: Why you shouldn't quit your job to become a full-time entrepreneur
1. Bill Gates: Focus on development
Net Worth: $77 Billion
Microsoft founder Bill Gates has built a reputation for being not only the richest man in the world, but also one of the smartest and most serious thinkers alive today. So, it should come as no surprise that Gates got to where he is by focusing more on development and innovation and less on the business side of things.
In 2014, Gates told Rolling Stone, “You know, development sometimes is viewed as a project in which you give people things and nothing much happens, which is perfectly valid, but if you just focus on that, then you'd also have to say that venture capital is pretty stupid, too. Its hit rate is pathetic. But occasionally, you get successes, you fund a Google or something…."
2. Warren Buffett: Think long-term
Net Worth: $66 Billion
Self-made billionaire Warren Buffett believes in using long-term investment strategies. In fact, he accumulated most of his impressive wealth after turning 50 and continues to make smart investments to this day, pulling off what Forbes called his “biggest-ever deal” in August 2015.
Buffett once said, “Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”
3. Jeff Bezos: Be a missionary to stay motivated
Net Worth: $52.1 Billion
Amazon.com founder and CEO Jeff Bezos is a self-made billionaire and businessman whose many accomplishments include successfully launching a rocket into sub-orbit with his aerospace company, Blue Origin.
In a 2010 interview with Fortune, Bezos revealed that he thinks of business as a mission. “I strongly believe that missionaries make better products," he said. "They care more. For a missionary, it’s not just about the business. There has to be a business, and the business has to make sense, but that’s not why you do it. You do it because you have something meaningful that motivates you."
See the rest of the story at Business Insider
