Saturday, February 28, 2015

You are the Average of your 5 Best Friends -- Why you should start here


Birds of Same Feather Flock Together, and so is true of humans.
Men or Women of the Same Character Gather Together.  It used to be called a club.  On the internet, it is called a tribe.

A strange truth:  you are probably the average of your five best friends.

If most of your best friends are millionaires, you probably are one already.

If most of your best friends are fat, you probably are fat -- cause you eat out together.


In some way, this is why this blog was created.

Carlos Slims (above) refuses to interview with me.

To find a self-made billionaire as mentor is almost an impossible task. 

So, this website is created so you can find all the information you need,  plus lots of  ideas and information on how the self-made billionaires made their fortune.

You won't be able to talk to a billionaire; but you don't need to, cause the same questions have been posed to the same billionaires a thousand times by different people.


What if I don't want to be a billionaire?  I don't even want to be a millionaire.


Then please pass on this information to your daughters and sons, your brothers and sisters and your friends.  They will find you COOL and INTERESTING.

In my humble opinion, a conversation on self-made billionaires beat a conversation on self-made vampires.  A few years ago, I was a voracious vampire book reader.  I converted my interest from vampires to billionaires.   And I never look back. 

In the meantime, I hope you enjoy the content here,  and please leave a comment for any advice to improve.

Friday, February 27, 2015

Zero to Billions -- My Second Book

It was published on 2/25/2015.



What?  From Zero Dollars to Billions Dollars?  This sounds too good to be true.  It cannot be done.
No, it can be done.  In 2014,  I built up a database of all the self-made billionaires in the world, , and I have found hundreds of people have gone from zero dollars to billions of dollars .   The purpose of this book is to show how.


Actually, the theory is based on Einstein Theory of Insanity

To become a self-made billionaire, you must do different things, do extreme things,

In terms of human achievement, the self-made billionaires should be ranked equal to Nobel Prize Winners.  This is because they have  the money power to benefit millions of people by (1) creating universities and hospitals (2) creating foundations (3) building museums (4) saving millions of baby lives by giving out free vaccines etc.  I view the self-made billionaires as role models, not evil exploiters. 

My approach to this book is 50% know-hows and 50% story telling.   I find this balance makes the book fast-paced, effective and more entertaining.  And with the fascinating life and achievement of 13 great geniuses, you will be able to trace and following their footstep to go from zero to billions easily.  

I think I have selected the best billionaires and the best stories. The 13 billionaires I chose are the best and most successful billionaires.  What is most surprising is they also started life the worst circumstances.  Thomas Edison had only 3 months of schooling and he was half-deaf.  Those are two huge handicap.  Ben Franklin was a run-away kid at age 17 and he had one year of schooling.  Chung Ju-Yung, too, was a run-away kid and later became the richest man in South Korea, founding empires after empires from construction to shipbuilding to automobiles. Dhirubhai Ambani dropped out of school at age 17, and went on to build the biggest Indian company and India’s first Fortune 500 company.   Rosalia Mera dropped out of school at age 11 to work as a seamstress, co-founded Zara Fashion, and became the richest self-made women in  the world.



How did they do this?   I summarize using a simple formula; derived from Einstein Theory of Insanity, with a twist of wicked fun: called

   EEE = BBBB

This is the Quantum Theory of Money
where EEE = Einstein Theory of Extreme Entrepreneurs

and
B = Beginning
B = Beliefs
B = Behaviors
B = Billions or Bankrupt

For 90% of the self-made billionaires in this book, they went through multiple bankruptcies over many years.   So, they just persevere,  never give up, start again and eventually succeeded.





36 Self-Made Women Billionaires -- My First Book

The growth of self-made women billionaire will be the biggest event in the 21st Century.  Right now they comprises less than 4% of the world's self-made billionaires.  

This is my first eBook.  It is available at amazon Kindle for 99 cents. You can read it on your iPhone.
The second one is "Zero to Billions", is already published at Kindle too.

Sometime in June, 2015 I will make it available to the public for free.



All I can hope for is someone will buy the book.

Since I am not woman, I feel strange writing about it.

I have a database of over 1,000 self-made billionaires.  I chose to start with women, because I need to start somewhere and I need to start small.  Somehow the number 36 is a lot more doable than 1,000.


Quiz:  Do you know who she is?  Tips: one of 36 self-made women billionaires in this book and the richest self-made woman in Africa.


She is still single.


If you don't know who she is, watch more TV.


Quiz:  Who is she?  Tip: She is the richest self-made woman billionaire in the world in 2014
and she has the same last name as me.


Loved by billions, she is the second British Invasion of the World after the Beatles.


Rosalia Mera of Spain and co-founder of ZARA,  She dropped out of school at 11,  was richest self-made woman in the world in 2013.



Quiz:  Who is she?   Tip.  She is one of two self-made woman billionaires from Wisconsin.  She is co-founder of ABC Supply.


-----------
There are currently 36 Self-made Woman Billionaires in the world. This is a study of how these superwomen made their fortunes? I adopt the 6-W approach. (1) Why do we need to study Self-made billionaires? (2) Where do they come from? Which countries? Are there any immigrants? Are any of them from small towns? (3) Who are they? (4) How did they make their money? Which sector? (5) What did they study? What educational background do they have? Did they attend elite universities? (4) What kind of spousal support did they receive? What kind of family support did they receive? Do all of them get their start-up capital from venture capitalist or from Wall Street? (6) How many of them are married? What is their average age? What is their average number of children? What is their average number of divorce etc?

The biggest surprise I found is “You can have it all”. Besides wealth, this group is also relatively young, with an average age of 58, about 10 years younger than their male counterparts. Not bad, isn’t it? Over 95% of them are married and over 90% have children, with average number of children 2.7. And about one third of them re high school dropouts, high school graduate or college dropouts. A few of them are household names, such as Oprah Winfrey and JK Rowling,  Most are little known even in their own countries.

This is the first of a series of book on self-made billionaires. We build museum to house famous artists. We adore great athletes in Olympics and Word Cup. We adore super-entertainers, and we create Nobel Prize for super-scientist and super-politicians. So, my question is: why not celebrate self-made billionaires too? Why not build a pantheon for self-made billionaires?

There are two reasons why I chose woman group to start. The first reason is start-small, a most valuable lesson I learned in start-up failures I have had. The woman group with only 36 members, allows me to start-small. The second reason is my Christian values, which lead me to favor the disadvantaged group (woman, high school, minority) over more established group.

In alphabetical order, the 36 superwomen are:

1. Alakija, Folorunsho (Oil) from Nigeria
2. Aponte, Rafaella (Shipping) from Switzerland
3. Baturina, Elena (Construction) from Russia
4. Benetton, Giuliana (Fashion) from Italy
5. Blakely, Sarah (Fashion) from US
6. Burch, Tory (Fashion) from US
7. Chan, Laiwa (Real Estate) from China
8. Chang, Jin Sook (Fashion) from US
9. Chen, Ningning (Steel) from China
10. Cherng, Peggy (Fast Food) from US
11. Cheung, Yan (Waste Paper) from China
12. Chu Lam-Yiu (Fragrance) from China
13. Coates, Denise (Gambling) from UK
14. Cook, Gayle (Medical Equipment) from US
15. Dai, Weili (Semi-conductor) from US
16. Faulkner, Judy (Health IT) from US
17. Fisher, Doris (Fashion) from US
18. Hawken, Xiu Li (Real Estate) from China
19. He, Qiaonv (Landscape Architecture) from China
20. Hendricks, Diane (Roofing) from US
21. Holmes, Elizabeth (Blood Testing) from US
22. Ilitch, Marian (Fast Food) from US
23. Lei, Jufang (Traditional Medicine) from China
24. Liu, Xiaomeng (Electronic Retail) from China
25. Love, Judy (Truck Stop Convenience Store) from US
26. Mazumdar-Shaw, Kiran (Biotech) from India
27. Perkins. Mary (Eye Care) from UK
28. Resnick, Lynda (Agriculture) from US
29. Rowling, JK (Writer) from UK
30. Sandberg, Cheryl (Social Media) from US
31. Wang, Laichun (Outsourcing) from China
32. Whitman, Meg (eCommerce) from US
33. Winfrey, Oprah (TV) from US
34. Wu, Yajun (Real Estate) from China
35. Zhang, Xin (Real Estate) from China
36. Rosalia Mera (Fashion) from Spain (died August 2013)