Think Like the Billionaire Donald Trump

Now what in the world does that kind of money look like? Who makes that kind of money? What are they ways these guys or gals go to become a billionaire? The American Heritage^® Dictionary defines the billionaire as "A person whose wealth amounts to at least a billion dollars, pounds, or the equivalent in other currency." That does tell very much does it. How about this? A million is 1,000,000 or has 6 zeros. A billion has 9 zeros or 1,000,000,000. It's like saying I have one thousand times of a million dollars-that's a billionaire.

According to Forbes 2006, at about 20 years ago, they found 140 billionaires. In 2003 they uncovered 476. In 2006, the billionare forbes list found a record high of 793 billionaires. Now where and how they found these people I have no idea. Or perhaps these guys were already there and Forbes just found better ways to find them just now. Regardless, these are real people worth a combined $2.6 trillion, and their average net worth is a whopping: $3.3 billion.

Some ways I know some people become a billionaire is by being born in a rich family and inherit the family business. Donald Trump's two children Ivanka Trump and Donald Trump Jr are great examples, both age 24 yrs old and 28 yrs old respectively. Literally born with a silver spoon in the Forbes "Trump on Trump "interview they admit they were given special opportunities by their father Donald Trump. But most of us don't have that kind of opportunity, so what can we learn?

You see the key is that each of us are given different talents, gifts and opportunities in our lifetime. The Trumps have their's. Their billion dollar opportunity came by way of Donald Trump their father, but your father and mine is certainly not Donald. Our opportunity may come in other forms, ways, ideas, and so forth. We may think these 2 children of Trump had it made and perhaps you wish you were in their shoes. Do you? Do you think the Trump business stops at billion of dollars? No way! His daughter in the interview said their visio is to keep the family brand, make it known not just in the western world but internationally. She envisions all her siblings and her dad back together 20 years later talking about how successful they had been. They will have that kind of pressure to keep the name and to hold the flag flying high, so to speak. Do you still want to become a billionaire?

When I was working in the corporate world, most of the middle management don’t get paid enough to become a billionaire. Say you make $5,000 per month which to me is decent income; it will take you about 17 years to reach a million dollars. But that is assuming we don’t use any of it! Now if you are very discipline and save about $1200 per month inclusive of interest it will take you 69.5 years to save up to a billionaire dollar! The point is based on the above constants and assuming nothing happens to you or your job security or salary changes, it is theoretically impossible to become a billionaire. But that does not mean you cannot start to be on your way to be one.

Every dollar starts with one cent, every hundred dollars start with one dollar,every thousand start with one hundred dollars, every millionaire dollars start with one thousand dollars and every billion dollar start with one millionaire dollars. You get the point. You need to start somewhere. Some people start at a higher level and some start from virtually nothing. Learn from how successful billionaires and millionaire or just successful people in general. It's really cool when you hear Ivanka and Donald Trump Jr, saying that they have learnt the most from watching first hand how their dad run the real estate business from the basic laying of foundation. Ivanka Trump admired how her dad spends wisely and not be extravagant on glossy brochures. I mean here is a billionaire talking about being thrifty for several dollars between a non-glossy and glossy paper.

Trump's children have spent a lot of time in their father's business and seen how and what he does to be successful that they have began to think like him. If you and I want to be that successful person we have to think that way. I recently talked with a buddy who told me that his brother's extravagance. The brother make $13 an hour at a scrap metal plant but bought a $120.000 house (on loan of course) and is now considering buying a new Honda truck. His wife is not working and they eat at nice restaurants three times per week. Now compare that with Donald Trump trying to be prudent in his marketing brochures. Can you see the difference in thinking? One way of thinking or mentality will lead to making thousands or millions of dollars in real estate, while the other way finds the individual deeper and deeper in debt.

The ideal way I believe to getting yourself started to be a billionaire is to have your own business. Yes, you may still have to keep your day job. How many job-bed person you know is a millionaire. Most of the millionaires I know run businesses, and those who have a job make them rich. Start looking for something you are interested that you can invest some money and time on. I did say money because you will most likely not find anything that does not require any form of investment. Start changing your thinking, start being humble and learn.  Invanka Trump realizes their father' billion dollar empire did not just come from no where, it took time, it took work, it took foresight, it took wisdom. Let's get ourselves some.