Billionaire Strategies: How Billionaires Become Billionaires
Who dares, wins. - SAS Regimental motto
Fortune favors the brave. - Virgil
Entrepreneurship is like a 25-level computer game. Do you want to play at the top level? Do you want to engage in Full Contact Capitalism? If you answered yes to these questions, read on about the best "how to buy a business" course on the planet, and yes, this course does incorporate many in-depth lessons from self-made billionaires on how to become a billionaire.
If you're asking what billionaires and buying businesses have to do with one another, allow me to explain. The majority of billionaires made their fortunes wheeling and dealing in businesses. In many cases, they started off small and slow acquiring tiny businesses. Then as their skill and confidence increased over the years, they started buying bigger businesses. In some cases, they ended up doing M&A deals with large public companies. My belief is that if you're going to learn about business then learn from the best.
- Ancient Chinese Proverb
Do you have the courage to take even the first step?
WARNING!
However, before you read on you need to understand that this is not a get-rich-fast course by any stretch of the imagination. Rather it's a course for serious entrepreneurs who want to learn how to grow their business through acquisitions as either a primary or secondary strategy. That's how most billionaires become billionaires. They are deal-makers who acquire control of a business--or "cashflow," as I prefer to call them--and then just keep acquiring more and more. Many continue on into their 90s because it's a fun way to go through life and don't stop until it's time for the Big Dirt Nap, as my friend likes to put it.
Think of it this way, this course is about building systems and adopting best practices for:
-finding deals
-determining if they are do-able
-negotiating the deal
-financing the purchase,
-increasing the acquisition's value,
-managing them remotely, and finally
-selling them at the best price.
Yes, the course incorporates a lot of insights into the above topics from billionaires who made, in some cases, 500 or more acquisitions. The point of taking the course is to learn from the best and then see how far you can get. Most of us will never be billionaires but that doesn't mean that we can't be lesser tycoons.
If you're looking for something that promises to make you a billionaire, I can put you in touch with a Nigerian prince who needs help in extracting $43 billion from his homeland to the USA. Last I heard, he was willing to split the proceeds 50/50.
How Billionaires Become Billionaires
Anyone who has built a company from the ground up understands that the initial high growth rate levels off all too quickly. At that point the entrepreneur has a choice between:
1) fighting the Law of Diminishing Returns to extract every last inch of growth from the existing company, or
2) adding growth through acquisitions of competitors and related companies to his strategy.
In the vast majority of cases, the first route provides far slower growth than the second. Moreover, most people go with the former simply because they don't have the skill set and confidence to employ an acquisitions strategy.
A study of how billionaires become billionaires shows that they employ the second route because it offers the possibility of 50% per annum growth rates, or better, over a prolonged period of time. That's why they're billionaires.
By the way, this is also by far the most fun way to make money because you will never have a chance to get bored. There's always a new deal to work on. The people who can grow just one business for four or five years without burning out are rare. Meanwhile billionaires frequently work well into their eighties and nineties because what they do is actually fun.
In fact, it's so much fun that the people who start off by employing this strategy as a secondary one frequently adopt it as their main one once they have a deal or two under their belts.
Here's one more reason why you should seriously consider learning how to grow your business this way: there's less competition. While the masses today are focused on building the 3,876,734th "social networking" site, you will be operating in a rarefied atmosphere with a much smaller number of competitors.
Are These Real Billionaire Strategies?
The answer is a resounding "yes!"
This is a course for both deal-makers and aspiring deal-makers. We study self-made billionaires and focus in on their early days so that you can start off on the right foot, so to speak. There's nothing like starting off on a new adventure with a reliable road map. It boosts your confidence level.
The most sure-fire way to go after billionaire status, if that's your goal, is through a combination of multiple-company building and mergers & acquisitions activity over an extended period of time, usually covering a decade or more. Billionaires do not rely on one company to make them billionaires. (In most cases, that's as realistic as pinning one's hopes on winning the Powerball Lottery.) Instead they understand that the road to wealth consists of a long series of deals involving the purchase, improvement, and sale of many business assets.
Unfortunately, it's a seemingly tough line of work to step into. Why? Well first of all, deal-making is normally a game for established players. By "established" I mean that they have achieved the critical mass in both financial strength and reputation necessary to be taken seriously by the other players in the field. Second, most people are terrified of even taking the first step into this lucrative field because they don't understand that there's a proven winning formula they can employ successfully.
This course is designed to teach you the proven strategies of people who have been successful at it and how to start using them today.The program will accomplish this by:
1) teaching you advanced entrepreneurial and intermediate-level mergers & acquisitions (i.e., "M&A") strategies, and
2) helping you to create workarounds for any obstacles (e.g., lack of capital, experience, and reputation) you may face in entering this field. As the old saying goes, where there’s a will, there’s a way.
However, if you're held back by wimpiness or laziness, I can't help you.
Nothing can.
The meek shall not inherit the world. We happen to live in a very Darwinian world.
Action or Excuses?
My traffic logs show that 74% of people reading this page bail out now and do not proceed to the next page. Will you be one of them? Are you one of the people that takes themselves out of the game at the first excuse? If you are, you need to be aware of it.
Now let's continue.
The course requires that you have basic entrepreneurial skills as well as the ability to recognize opportunities in your industry. The great thing is that the course will show you how to spot both existing and emerging opportunities. The course also requires that you have the patience and self-discipline to study, learn, and practice the strategies and tactics it will teach you.
The most important quality to have for success is a willingness to learn and implement new lessons. This is not for the meek or those seeking get-rich-quick schemes.
The true entrepreneur is a doer, not a dreamer.
- Nolan Bushnell, founder of Atari and Chuck E. Cheese's
Raising Capital
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