Top 7 Ways of Thinking Like A Billionaire

“I owed billions upon billions of dollars - $9.2 billion to be exact. That’s nine billions, two hundred million dollars. I’ve told this story many times before, but it bears repeating: In the midst of the crash, I passed a beggar on the street and realized he was wroth $9.2 billion more than I was.

… I’ll never forget the worst moment. It was 3am and Citibank phoned me. They wanted me to come over to their office immediately to negotiate terms with some foreign banks - 3 of the 99 banks to whom I owed billions.

At 3 o’clock on a cold January morning, in the freezing rain I walked 15 blocks to Citibank because there were no cabs available. That was the low point.

Don’t make the mistake I did. Stay focused.” - Donald Trump

What I learned from Trump: How to Get Rich

• Stay Focused

• Maintain Your Momentum

• Get a Great Partner

• Problems Are Just Another Way To Prove Yourself

Ask Yourself 2 Questions:

1. Is there anyone else who can do this better than I can?

That’s just another way of saying: Know yourself, and know your competition. If your competition is better than you are, you need to offer some quality they lack.

1. What am I pretending not to see?

We can all get swept up in the euphoria of a creative moment, but before the dream lifts you into the clouds, make sure you’ve looked hard at the facts on the ground.

Bullshit Will Only Get You So Far

Billionaires don’t care what the odds are. We don’t listen to common sense or do what’s convention or expected. We follow our vision, no matter how crazy or idiotic other people think it is. One way to do this is to question your surroundings: don’t assume you have to accept the hand you were dealt.

Surround yourself with people who have absolutely no doubt in your ability - and then build unshakable confidence in yourself.

“My father told me he had absolutely no doubt that my business would be fine. He’d say, ‘You are a killer. You are a king.’”

If my father hadn’t shown me how to think about business, I never would have made it to the billionaire club. “

Billionaires devote their talent with unrelenting focus to achieving their dreams, even if it’s sometimes at the expense of those around them. Almost all successful alpha personalities display a single minded determination to impose their vision on the world, an irrational belief in unreasonable goals, bordering at times on lunacy.”

Top 7 Ways of Thinking Like A Billionaire

1. Don’t Take Vacations

What’s the point? If you’re not enjoying your work, you’re in the wrong job. I never stop and I’m usually having fun. Move yourself to an environment that makes you happy and just never stop working.

2. Have a short attention span

Most successful people have very short attention spans. It has a lot to do with imagination.

3. Don’t sleep anymore than you have to

No matter how brilliant you are, there’s not enough time in the day.

4. It’s often to your advantage to be underestimated.

You never want people to think you’re a loser but it’s not a good idea if they think you’re the smartest in the room, either.

5. Success breeds success

The best way to impress people is through results. It’s easier for me to do deals now because I’ve had so many triumphs. You have to create success to impress people in the world of business. If you’re young and you haven’t had any successes yet, then you have to create the impression of success. It doesn’t matter whether the success is a small one of a big one - you have to start with something and build on it.

6. Treat each decision like a lover

Vast fortunes are accumulated through dozens of decisions a day, thousands a month, and hundreds of thousands in a career. Yet each decision is different and special in its own way. Sometimes you decide immediately - love at first sight. Sometimes you go slowly - the long engagement. Sometimes you gather people in a room and consider various opinions - the equivalent of asking your friends what they think of the person you’ve been dating. If you treat each decision like a lover - faithfully, respectfully, appropriately - you won’t be locked into a rigid system.

You’ll adapt to the needs of that particular decision. Sometimes you’ll think with your head. Other times you’ll think with other parts of your body, and that’s good. Some of the best decisions are made out of passion.

Sometimes people are surprised by how quickly I make big decisions, but I’ve learned to trust my instincts and not to overthink things. I like to compare a decision to a lover because it reminds me to keep in touch with my basic impulses, the drives that excite us, attract us, give us inspiration and energy. We are all drawn to beauty, whether it’s the allure of a person or the elegance of a home. When ever I’m making a creative choice, I try to step back and remember my first shallow reaction. The day I realized it can be smart to be shallow was, for me, a deep experience.

7. Be curious

A successful person is always going to be curious. I don’t know why this is true, but it’s definitely the case. You have to be alive to your surroundings and hungry to understand your immediate world. Otherwise, you’ll lack the perspective to see beyond yourself.

Next Up On Tomorrows Newsletter…

Leadership

The 5 Levels of Leadership are:
1. Position – People follow because they have to.
2. Permission – People follow because they want to.
3. Production – People follow because of what you have done for the organization.
4. People Development – People follow because of what you have done for them personally.
5. Pinnacle – People follow because of who you are and what you represent.