The Mindset Of A Billionaire – Learn How To Think

According to Forbes there are 2153

billionaires in the world out of the

seven point eight billion people on this

planet Earth

it is a tiny tiny percentage of the

population there are a lot of people

they have a lot of jealousy and

resentment towards billionaires some

have a more Asians towards billionaires

when I hear people they say I want to be

a billionaire or I see it on social media

or I’m gonna be a billionaire I don’t

think most people have the slightest

clue of what it takes to be a

billionaire you got to understand we’re

not talking about being the one out of

100 or 1 in 1,000 not even one in 10,000

not even one in 100,000 you’ve heard of

the saying one in a million

well being a billionaire is not even one

in a million it’s one in a few million

you have to be that good and that

exceptional now here’s a visual

representation here’s what $10,000 looks

like it’s small in a pile and here’s

what $100,000 looks like 11 that big of

a pile here’s what 1 million dollars in

cash looks like now you might think a

million dollars such a big number that

it will fill this entire room with cash

that’s not true actually a million

dollars you could fit in a large

backpack and here’s 100 million dollars

what it looks like and here is what 1

billion dollar looks like now so you can

see it is a huge amount of money more

money than most people could imagine

disclaimer I’m not a billionaire but

I’ve had the privilege of interviewing

quite a few billionaires on my podcast

the danlove show and I’ve had the

fortune of being mentored by some of

them and what I’m about to share with

you today these are simply my

observations notes they have dropped

down in my little

I’ve got a whole notebook of them

especially the way that they think and

their billionaire mindset and today I’m

gonna share three findings with you from

my little notebook and you don’t have to

buy any of these ideas it’s okay to

disagree I’m simply sharing with you

what has worked for me and in my own

business in my own career everyone has

an opinion of billionaires but most of

those people are never made more than 40

K here in their life and chances are

they’ll never even talk to a billionaire

millionaire mindset number one money is

not their biggest motivator they don’t

do it for the money maybe in the

beginning they did but later on think

about it if your goal simply is to live

a comfortable life a luxurious life

after a while it’s very easy to lose

motivation they don’t do it for the

money

after a while they do it for something

else they do it to win they do it to

make a difference or they do it to

disrupt an industry or they do it simply

because they could in fact I would say

that is the key difference between a

millionaire versus a billionaire a

millionaire once you reach a certain

stage of success once you are

comfortable it’s easy to get complacent

right just like my mentor says default

is a bitch when you are more successful

than the people around you like yeah you

know what I don’t want to work so hard

anymore right think about it if you are

already living in a house that you want

you’re already driving the car that you

want you’re already taking a vacation

that you want you’re staying in the best

hotels you’ve got a comfortable life if

all your motivation is based on just

things well you lose motivation real

quick

from my observation to billionaires

money is simply a way for them to keep

score not because they are greedy

because they enjoy what they’re doing

and they’re good at it and that’s why

they can’t pay a lot of money doing what

they do you see poor people saying well

you know what if I have that kind of

money I would never work another day in

my life well with that kind of mentality

chances are that’s why you’re never

have that kind of money because you are

motivated just by money itself Steve

Jobs said it best I was worth a million

dollars when I was 23 I was worth 10

million dollars when I was 24 and I was

worth a hundred million dollars when I

was 25 but they are not that important

anyway I never did it for the money

billionaire mindset number two

billionaires understand people from my

observation billionaires they have

exceptional people skills now some of

them are great communicators they are

great public speakers some of them are

world-class negotiators or closers they

could get deal done they could close

deals they know how to negotiate with

the banks now having good people skills

doesn’t mean that they want to be liked

all the time in fact most of them they

are not that nice they are tough they’re

tough because they have been screwed

over they have been taking advantage of

they’ve been sued right they have been

backstab they have a lot of scar tissues

right they have a lot of heat right a

lot of people wanting something from

them so they have thick skin and almost

without exception they all have

world-class leadership skills they know

how to lead people they understand

people they know how to motivate people

they know how to put a team together

they understand that it takes people to

get stuff done you need to know how to

get people together work together as a

team and not working against each other

and that is tough I also noticed they

are willing to invest time in developing

key relationships and most of them are

very generous and they are willing to

help people as long as you are sincere

that you don’t have a victim loser and

teittleman mentality that you’re like a

blood sucking leech that you want

something from them

as long as you are sincere they are

willing to help I’ll tell you a quick

story through a mutual friend and

introduction he introduced me to one of

the most successful one of the

wealthiest men in my city in Vancouver

and I got his phone number I call him up

and I said I

was introduced by a friend and I just

want to seek his advice and I wonder if

I can buy him lunch and immediately I

call him me in the morning he said sure

let’s do lunch is I got some time why

didn’t you come to my hotel because he

owns one of those hotels in Vancouver he

said come to my hotel and I will see you

in my lobby just at lunchtime I said

great so I dressed up I drove there and

I saw him in the lobby and he greeted me

and he was very very nice and then he

said well why don’t we just eat at my

restaurant and because he owns that

restaurant as well at the bottom floor

Hotel so we went in and he was greeted

by everyone you could see the people the

guests a lot of people known him there

saying hi how’s it going is she was

shaking hands with everybody right

they’re welcoming and we sat down and we

had lunch and I was asking him I was

taking notes of of what advice he would

give me and by the end of that lunch I

said okay great I pulled out my credit

card because I wanted to treat him he

said no don’t worry about it you are

eating in my restaurant I’m not gonna

let you pay and my restaurant you know

maybe next time as a young guy I got

nothing to offer to him there’s nothing

that he needs a once from me not only he

gives me his precious time give me

advice but also bought me lunch it’s

incredible billionaire mindset number 3

billionaire they see things that other

people don’t he’s a piece of land poor

people they would see just a pile of

dirt right some might see it got it

middle-class would see a house that they

could live in a nooner might see a

four-plex that they could build but a

billionaire could see a skyscraper

maybe with commercial real estate at the

bottom part and then condos at the top

they would see they could build a train

station here maybe they could also quiet

that property next door they see things

completely different they have a mindset

what I call resourceful without

resources they are very very creative

when they cannot do

something or someone tells that they

cannot accomplish that they will always

find a way they have a very compelling

vision have a lot of clarity of what

they want to accomplish and because they

have that compelling vision it’s very

easy for them to attract the right

people and say hey I want to help you

accomplish that vision because

billionaires they know how to paint that

picture and they know how to craft that

vivid vision that if you could help him

to get what he wants that you will get

what you want as well so it is a win-win

they know how to mobilize a team they

know how to motivate people they know

how to solve problems they know how to

make connections so they have some

exceptional skills and they think

long-term they think very very

strategically that’s one of the things

that I have learned Alibaba has a

business plan for 102 years they are

planning to be around 402 years and I

know that’s when I listen to my

billionaire mentors they’re talking

about a a five-year plan a 10-year plan

a 15-year plan a 20-year plan they have

this long-term vision and they are

willing to wait they are patient and

because they think long-term they could

put themselves in positions to

capitalize on certain opportunities

versus other people with shiny object

syndrome or short-sighted and one more

thing that I noticed maybe is a bonus

mindset tip and that is they don’t think

about niches they don’t think about a

small market chances are almost all of

them to either think nationally how to

dominate an industry in a whole country

or the think globally how they dominate

industry globally not just locally they

don’t believe in small niches they don’t

believe in small categories they want to

be the leader in a global industry they

think big that’s what they are very very

competitive right they want to win they

want to win big and that’s why in order

to win big they need that ten twenty

thirty year plan and they’re willing to

pay the price and work towards that and

those are some of my observations of the

mindset of a

billionaire if you want me to share more

of those observations with you from my

little notebook comment below and let me

know !

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