Fortune: self made
Net Worth: $16.6 bil
Country Of Citizenship: United States
Residence: Palo Alto, California , United States, North America
Marital Status: single,
Education: University of Maryland, Bachelor of Arts / Science
Stanford University, Master of Science
Fortune: self made
Net Worth: $16.6 bil
Country Of Citizenship: United States
Residence: San Francisco, California , United States, North America
Marital Status: single,
Education: University of Michigan, Bachelor of Arts / Science
Stanford University, Master of Science
With partner Sergey Brin (see), cofounder of searching phenomenon Google. Met Brin at Stanford while pursuing graduate degrees in computer science; dropped out, launched famed search engine in 1998. Raised $25 million from starmaker venture capital firms Kleiner Perkins Caufield & Byers and Sequoia Capital. Recruited longtime tech exec Eric Schmidt (see) to run company. Took public in 2004; stock up 420% since. Sales: $10.6 billion, net margin 30%. Extended reach into satellite mapping, online payment systems, news. Founders have seen their net worth soar 130% in 2 years, outpacing early years of Bill Gates, Larry Ellison. Both have more than $2 billion outside of Google stock. Promising to "do no evil" with their riches; plan to pour $1.2 billion into Google's charitable organization.
Easy Way to Become A Billionaire!
They are the example of billionaires. :) They got no. 26 in Forbes. Can we be like them?? Is there an easy way to become a billionaire? :) Actually becoming a billionaire is simple. If u do all the things I listed below, you can become a billionaire with a bit of hard and smart work. :)
1st of all you must "Think" like a billionaire. It is the most important part because your mind will control your body to act. So beginning with your mind is essential. If you do'nt begin with your mind your plan will go wrong even it is almost perfect. It's the same if you wanna be a rich or a millionaire too. :) Think like a billionaire means you must think the exact way a billionaire thinks. To do that, maybe you can read interviews with them, buy their books and learn from a billionaire in your town. Or you can also buy Donald Trumps book, How to think like a Billionaire.
2nd one is, to act like a billionaire. What we have in mind is to use big car, buy big houses, and live like a rich. That is wrong! That is the way they act now after they became a billionaire. If we do like that we will be poor faster than we think. LoL. "Act like them" means, when we make business or investing, do like they do. They must have some secret and they also have some kind of special skills that made them a billionaire. Always learn from ppl who have experience and it will shorten down our learning curves.
After doing those 2 steps, now you need to find an idea. An idea that can make a billion. :) You can learn from Google, McD, and many more big businesses all over the world. You can come with anything, product, services, or food and beverages, oil and gas, gold and silver, anything. But make sure it is a new idea that nobody in the world had starten it yet. So you can grow faster and bigger. :)
the final one is, to sell the idea with a ratio you can make yourself that can reach $1,000,000,000 . For example, $10 per product : 100,000,000 ppl which means $10 profit for a product that you can sell to 100,000,000 of ppl. Is it possible? Think about it. The world population now is 6 billions and still increasing. 100Milllion is only 2% of it. Ok maybe you find it a bit hard. So how about we increasing the left side of the ratio to make it easier. For example $1000 per product : 1,000,000 ppl. You see the number in the right is low now. :) And it is only 0.2% of world population. :)
Or you can think about it yourself. Like McD franchises, for example $50,ooo per franchise : 20,000 franchise owner all over the world. For example in real estate, it is always easier to become a billionaire, you can build your own buildings and sell it, maybe for a ratio $100,000 net profit per building : 10000 ppl. So you need to find an idea that can support this ratio. And if you can continue doing this all your life, maybe you will also be listed in Forbes one day. :)
So good luck for all of us. Think like a billionaire!!
Sunday, March 11, 2007
A funny video I got from youtube.. :D It's about a famous real tv show The Apprentice where the candidates were always say step up! LoL.. See it for yourself..
Saturday, March 10, 2007
SUBWAY was started by a 17-year-old boy who have no money, to find some money out of nothing and pay for the college fees. Now you can find Subway all over the world with about 27,000 restaurants.
:) Do you believe in that fact? Well it is true but we always don’t realize about it. We always complain of not having much money to feed our family, or for our own expenses. And we have no idea on how to get more money. We tried to save our money in the banks, but finally we use it because we need to cover all of our bills, expenses and debts. Or, even if the money stays in the bank, it will become a loss due to the inflation rates the longer it stays in there.
You can also see a man with a high paycheck but actually he is also not rich. They only look rich in the appearance by having big cars, big house, smart looking business suit, etc but the truth is, all their paychecks are used to pay all the bills and debts behind the good looking “assets” they have shown us.
A man cannot be considered as rich if they get $20,000 paycheck every month if their expenses are $21,000. All of these examples show us that money CANNOT make us rich. So what will make us rich??
1. Desire. Our desire and willingness to become rich and it is in our heart. If you have no feelings to become rich, and you like the way you are living now with all debts around you, for sure you won’t get rich.
2. Brain. But desire itself won’t make us rich. You also need to think about how to become rich. And it’s your mind, your brain that we are talking about. Our brain is the best thing that God had given us, so use it wisely.
3. Knowledge. But thinking itself also won’t make us rich if we don’t learn from somebody else who is already rich as our mentor. We need to learn, and never give up until we get our dream. We need to increase our financial literacy. We need to know how the game of money works. And money other things we need to know to get rich.
4. Mistakes. Fails and mistakes are always hard to face but we need them to make us rich.
Many of us avoid making mistakes and if we made some, we will blame others, feel upset, angry and anything else. But for us to be rich, mistake is a great teacher, and there are so many things that we can learn from it. So make mistake, learn from the, and get back on the track. Mistakes will only lead us to success if we are optimistic. I like the saying by Rich Dad “Losers quit when they fail, winners fail until they succeed” and it always true. Giving up, blame others, not admit your mistake will only make us a loser. But stop and think, and learn from the mistake will expand our abilities, knowledge and our experience, and as the result we will get richer and richer. And I think one day when we are relaxing in our big house, we will thank ourselves of the mistakes we had made. :D
5. And the final step is action. Which is the main point many people had missed and don’t do. Some of us have the desire to become rich, good business ideas and plans, a mentor to learn from, and also the knowledge needed in making business but the only thing that is still not done is ACTION. So, take action now!
I will sum up all of these points in a formula below.
ACTION x (desire + brain + knowledge + mistakes) = RICH
And the good news, all of them are always FREE. Good luck!
Friday, March 09, 2007
It's no doubt, that Real Estate is the best investment ever for long term investment and it is easy to manage. Many have become millionaires by doing real estate alone. But for me it's not so challenging rather than business and stocks. For you who wants to be rich without much to think, I suggest you to consider real estate. Eventhough its a long term investment, but it will for sure make you become rich, if you learn more how to do it.
I'll like to give you some example.. Lets say you want to buy a new car that you need to pay the loan monthly for about $300. My advice that I learned from Rich Dad Poor Dad is, dont buy the car first, but lets go out there and buy some properties. For example you find a good house in a good location with a good price $100,ooo. You will only need $10,000 to buy it using 10% downpayment mortgage. The rest of it you will need to pay monthly, lets say for $200.
Okay, now what do we need to do. Lets find some tenants that would like to rent that house. As I said before, you need to make survey first about the locations. Make sure it is a hot spot. To cut the story short, you found a good tenant who would have no problem to pay you $500 montly for the rent. So now you use that tenant money to pay the mortgage $200 and $300 for the car. And the good news is, the same time you have your new car, you also get a new house to put in your Assets column in your balance sheet. :) Sounds interesting right?
So what are we waiting for? Wait.. Lets make some more study about this 1st. :) Becoz with more knowledge, more money we can get. But the more important is, we won't face a big failure in investing such as real estate. :)
Enjoy the article. And if you like it plz post a comment. :) Cya
Make Big Money In Real Estate
by: Gregory Wadel
Real Estate is one of the oldest forms of investing known to man.
Real Estate investing is easy and fortunes are made in a simple manner. For example, and investor decides that a desert area will eventually become an industrial development. He purchases a number of acres at a very low price. If his guess turns out to be correct, ten years later he sells the land hundred times more than what he paid for it.This can happen in any part of the country and is not an exceptional case.
As the population keeps growing in the U.S., land prices continue to raise and it means that Real Estate will continue to offer one of the best investment opportunities in the country.
Compared to most forms of investment, Real Estate offers greater profit potential. Of course, not every piece of land will turn out to be a winner, and despite the great potential rewards in some cases risks are involved, so the necessity of careful study before invest.
One of the problem of Real Estate is his lack of liquidity.
Liquid assists are those easily converted into cash like stocks or bons. Most Real Estate investments take years before you can make some money, so it is not wise to tie up all your assets in this type of investment. Your financial situation will determine how much you can wisely invest in properties.
There is a difference between a land speculator and an investor.
A speculator buys land with the intention to make a quick sale and fast profits and will not hold land for a long period of time. An investor, on the other hand, looks for a long time gain, and usually buys only what he can afford to keep for an indefinite period of time.
If you are new at this field, it is wise to refrain from any a speculation until you become more informed, and you will have to devote considerable time to study and research. It is wise also to consult specialists before you act.
Without realizing it, you already made a very successful investment in Real Estate if you bought your own home.
Before you look for areas to invest, consider the condition of your own house. If you have any plan for selling it, good landscaping has been known to considerably increase the value of a home.
Large profits can be attained by purchasing run-down homes and restoring them for eventual selling, but some factors have to be considered:
* You must know something about architecture and remodeling and get and idea of how much it will cost to get the house back into shape. Consider what you will be able to do yourself and what it will cost you if you have to have it done.
* The location of the house is the most important factor to consider. Study the neighborhood, shopping, and transportation facilities.
It can also be profitable to lease land for commercial use. Land which borders highway is extremely valuable for purpose such as warehouse, gas station, etc.
Land development companies frequently run advertisements offering country retreats. Be wary of these offers as they themselves make a large profit at the time they sell you the land, so it is much more profitable for you to buy your own.
When you buy property, buy at a price that involves a minimum financial risk. Invest only a modest amount of your own capital, when you sell, determine if a cash or installment sale is the best, based on your over-all income tax status. Learn by looking back on the mistakes made in the past and by reviewing the opportunities you have missed.
Prepare a list of all properties available in your area and think up the best future use of the properties. Learn to purchase land before there is a demand. To buy land well in advance is the only economical way at today's prices. Then hold the property until you can resale for large profits. Don't sell all your desirable properties and keep just lemons.
If you are willing to leave the cities, you should not have any trouble finding inexpensive land for sale. If you discover a tract of land appealing to you but not listed for sale, contact the Country Register's Office and he will tell you who is the owner. Get in touch with him and he could be willing to sell.
As a rule purchasing tracts of land within thirty miles from a growing city is often a sound investment. Deal only with qualified realtors. Be careful of individuals who offer quick profits.
Before taking any action, study what has been written about the subject. Know why you should and should not buy. Stay conventional and don't buy white elephants. Look for hidden defects and make the property attractive before offering it for resale. Study local conditions and be sure it is practical.
Constantly look for bargains and quality properties with exceptional features that will make the sale easier. Follow up on For Sale signs, make inquiries.
When discouraging elements occur, minimize your losses by whatever means available. Don't throw away money on repairs for poorly located property or in an area of surplus rental units.
Before you attempt to sell, find out how the prospect can use the property profitably. Ask yourself if you would purchase it if you were in the prospect's shoes. Ask yourself if the future use will fit any of the many types of specific businesses. Can a hospital, a bank, an apartment complex, condominium or professional building be located on the property.
Learn to analyze the pros and cons of a real estate problem.
Break it down into its various elements. Know if the answers you come up with are satisfactory and practical. Try different approaches to the problem.
You are necessary looking for the "top" or "bottom" of the market, or the current economic situation. You are looking for a variety of properties which have a higher value dependent on the use that can be established for them.
There are always opportunities in Real Estate during good times and bad, but it is up to you to pick and choose only those very best deals, especially during times when it appears that Real Estate values and demand have reached their peak or in times when it is practically impossible for most anyone to get bank loans due to the tight money market or impossible interest rates.
You can make big money in realestate.
About The Author
If You would like to find out More about RealEstate, Please Check Out my Blog at:
Friday, March 02, 2007
Wow!! I really love this article. And if u want some details of it, Michael E Gerber also wrote about it in his books The E-Myth Revisited. Its more spesific and he gave a lot of examples and easy to understand. Suitable for an entrepreneur like you who wants to make your business grows bigger than you had never imagined before. :) Enjoy this article..
3 Keys to Grow Your Business
by: Grant D. Robinson
Are you on pace to accomplish your important sales and financial goals this year?
The truth is, a good majority of US Organizations have been unable to grow their businesses this year. They are not reaching their sales and financial goals and many have all but given up.
Is this you? Are you now looking to next year to be the year you shatter previous productivity, sales and revenue records?
Regardless of whether you are on pace to meet your goals or not this year, it's a great idea to start preparing for your best year ever; but you will need to prepare.
You've surly realized, it takes much more than just setting a goal to accomplish it. The mere act of putting the goal on paper, sharing it with your managers and giving the extra effort to accomplish the goal is really secondary to the preparation required.
Before you begin to work toward an objective, you must insure all of the past barriers that stood in the way of prior goal accomplishment are eliminated. If they aren't, the unfortunate fact is, you'll fail to meet the objective once again… for the same reasons as before.
The following are the three keys market leading organizations have used to grow their businesses. I suggest you consider them to take your organization to the next level of success also.
1. Operational Systems
There are two types of systems in your organization. The first is your operational systems, including:
1. Vision & Mission 2. Financial & Budgeting 3. Production, Manufacturing & Distribution 4. Sales & Marketing
All four of these systems are in place for one reason: to efficiently grow your business. They are the standards to how your organization operates from day to day. More importantly, they are the standards to how your workforce operates from day to day.
To improve productivity this quarter and prepare for your best year ever, it is vital to analyze your operational systems. In the next month, recognize what current productivity barriers must be eliminated, what operating expenses must be reduced, what unique cultural standards must be maintained and what marketing promises must be upheld.
2. Managerial Systems
In answering the previous questions, most organizations realize an important fact. Changes to operational systems are almost always made to improve the productivity of their workforce. But the truth is, these changes alone rarely help.
Organizations failing to accomplish their goals tend to make irrational decisions. They feel if they rewrite a vision, increase spending on technology, reorganize production procedures or alter their marketing messages, workforce performance and profits will magically improve.
However, the opposite is usually the case. The changes usually end up harming efficiency, production and morale. The usual outcome is, those employees who naturally performed the job they were hired to do before the changes, still naturally do. Those who failed to produce before the expensive operational modifications, still underachieve.
The second type of system in your organization is your managerial systems. The five most important processes of your managerial systems are: recruiting, hiring, training, developing and retaining (productive employees). When you create a successful managerial system, your hiring success rate, employee motivation and the effectiveness of your leaders will naturally improve.
To prepare for your best year ever, there is only one question to ask yourself: Why haven't we been able to hire, develop and retain TOP Performing employees in every position.
3. Focus on People
Market leading organizations realize "people" are the key to growing a business and meeting goals. The more productive their individuals are, the more productive their teams have become.
A recent study of over 2,200 managers by Watson Wyatt Worldwide in Human Resource Executive Magazine found: Of the hundreds of management functions, "Selecting Staff" and "Retention" are the second and third most important management functions in business today. Recruiting was rank fifth.
Since almost three of four new hires fail to meet our expectations within the first year and managers are forced to constantly replace underachievers, recruiting is the number one management expense in business today. Although selecting staff and retention are rated very important, they rank 36th and 44th in management effort and spending respectively.
Although executives understand the importance of Top Performers in every position, their time, energy and financial priorities have become operational. With the amount of organizations failing to meet their goals or grow their businesses, it should be apparent that this strategy just doesn't work.
Hiring Top Performers for every position in your company, the first time, is the only way to insure your productivity and profits will improve. Traditionally, Top Performers are five to eight times more productive then their counterparts.
You've probably learned the hard way, no modification to an operational system will ever increase your organization's performance five to eight times. If you are like the most effective executives, you'll understand this and will double or triple the productivity and profits of your organization by giving your managers the tools to hire, develop and retain your greatest value; your people.
Great customer service, work ethic, motivation, productivity and sales success comes from employees that fit your culture, their team and the job they were hired to do. Whether it takes developing your underachievers or replacing them with someone who will naturally produce, it is now time to focus on your people to prepare for your best year ever.
About The Author
Grant D. Robinson is the President of People Values and the Author of the Market Leadership System. To improve your “Hiring Success Rate” of TOP Performing Employees, watch a free, 5-minute, on-line video at: http://www.peoplevalues.com.
Thursday, March 01, 2007
This story is very inspiring and motivate me. It makes me feel that it is not possible to be rich even when we had no money. So guys, just dream what you dream, and lets make sure it will be coming true. Enjoy this interview with the real guy of the movie Pursuit of Happyness-Chris Gardner.