How self made billionaires created most profitable business empires while starting with nothing ?

It is amazing to know that 10 % of the world's population enjoys 80% of the world's resources. It's a frightening figure but it's also a very encouraging statistic, because these people are stellar examples of how to make money. They have never collapsed to destiny; instead of criticizing poverty or their poor family background they fixed their focus on well thought out plans to make money without or with limited capital.A lot of Money can be made either without capital or with limited resourses. There are infinite examples of this around us and yes it's a calculated act. Most billionaires in the world today are very brilliant people with smart and bright ideas being the foundation of their successful business empires. There will never be shortage of funds for people with perfect ideas and business plans. Investors keep scouring the map in search of ideas that can generate profit. Create a new and unique product, market it properly and investors will come running to you desperate for a chance to make fortune. In the process they will make you rich. All you need to do is make them like your idea.

MAKING A FORTUNE FROM SCRATCH:

Dhirubhai Ambani's story from rags to riches

His rags to riches story, is very encourging. He worked as a petrol pump assistant. He didnot get any chance to get a college degree. He had no money but had limitless desire to become wealthy. To realize his dreams,he started learning everything about business and marketing.After resigning from his job, he started thinking about starting a profitable business but he had limited capital. Where you have limited capital, you sould have business perception, innovative ideas so that you can turn these into money. With his foresight he realized that polyester was going to be replacement of cotton in the future. Using his acquired knowledge and some smart planning he made millions in the polyester industry. There were thousands of businessmen at that time but why only he was able to find this business opportunity. It's all in your mind. You have to back yourself and always be on the look-out for a new opportunity. Now his company hires top talent form around the world. So even if you are working as an employee you must have a goal in mind and that goal should not be to die on that desk behind which you have been slaving for the past 10 years. You must look to the future and keep working on a plan, learning everything about business, finding ways to create wealth out of nothing.

There are thousands of opportunities available to do business in a legal way:

It is important to note that "smart work" does not mean illegal ways to earn money. It just means that you are more aware of the opportunities around you as well as your own strength and weaknesses. All the methods that I would detail in this document will involve legal ways of making money. To snatch the rights of others is no way of getting rich. As I present to you their stories I will highlight the qualities they possessed that made them leave all the others behind in the ultimate 'rat race'.

Make millions by turning others ideas into riches : Bill gates

My next example is extremely motivational. This man highlights all the things that I want to point out. I won't tell just yet who he is. First hear his story and then be amazed when I reveal the name. He was born in Seattle, Washington to a middle class family. His family wanted him to become a lawyer. At 13 he enrolled in the Lakeside School. When he was in the eighth grade, he took an interest in programming the GE system in BASIC and was excused from math classes to pursue his interest. He wrote his first computer program on this machine: an implementation of tic-tac-toe that allowed users to play games against the computer. He was fascinated by the machine and how it would always execute software code perfectly.
He enrolled at Harvard but did not finish because he founded Microsoft. Yes ladies and gentlemen I am talking about Bill Gates. He understood that software was going to rule the world. This is the opportunity he identified but then he also had a killer plan. He bought DOS and marketed it to make billions. Understand that though Gates himself was a genius with computers his true edge lay in the fact that he realized how important computers were going to become. These little differences like I said above are what set these people aside. Note here that Bill Gates started making money using someone else's ideas. He did not create DOS.He improved and added something more. Later on using the money he had made he became an investor in talents and hired people to come up with ideas that he could fund and then market to make more money.
In the world there are two types of people. One type knows how to create a useful product but don't know how to find a commercial use for the product or don't have the means to market their product. The second type of people is those that look for the first type of people in order to market and sell their product so that both can become rich. They are the real marketers and make millions by the process. There are thousands of such products you can find and market them either as it is or after adding some innovation.
Just check patents and research until you find a product that you believe will make you a millionaire. In later chapters we will let you know some of the recourses to find out such ideas.

From scratch to billionaire: Li-ka-shing

This is what a Harvard Business School article says about Li's career; that is going to be my next example:
"From his humble beginnings in China as a teacher's son, a refugee, and later as a salesman, Li provides a lesson in integrity and adaptability. Through hard work, and a reputation for remaining true to his internal moral compass, he was able to build a business empire that includes: banking, construction, real estate, plastics, cellular phones, satellite television, cement production, retail outlets (pharmacies and supermarkets), hotels, domestic transportation (sky train), airports, electric power, steel production, ports, and shipping."
Right now Li Ka-shing's business empire covers every facet of life in Hong Kong. From electricity to the real estate to the internet; his empire is making money from it all. The Cheung Kong Group's market capitalization is HK$1,230 billion (US$157 billion) as of January 2008. The group operates in 55 countries and employs over 260,000 staff worldwide. From being a refugee to becoming the owner of an empire that has around 260,000 workers, it's a remarkable journey but what we need to understand from it is the basic fact that from nothing he went to US $157 billion and we are not talking about Bill Gates who still came from an upper middle class background. We are talking about a refugee. No points for guessing what the net worth of a refugee is.
Li was forced to leave school before the age of 15 and found a job in a plastics trading company where he labored 16 hours a day. This was due to the untimely death of his father which transferred all the burden of supporting a family on Li's young shoulders. But he paid attention and learnt about plastics and color mixing. He learnt about colors that made plastic flowers look real and using this knowledge he set up a small shop/company. Soon the product of his quality made its name and not soon afterwards he became the largest supplier of plastic flowers in Asia.
Again notice that he found an opportunity and then distinguished his product from others. Plastic flowers were already being made but by hiring the best technicians available to him Li took his product above his competitors and once his product had been successful he made himself a fortune.

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