By: MJ Gonzales | Executive Chronicles
Knowing the formulas of successful businessmen may encourage us to follow and think it’s the short cut to our dreams. The thing is even billionaires never stop to learn so their formulas change, combine or improve. However that’s actually their exact secret that every startup or wannabe entrepreneurs should adapt. Don’t watch and learn, but instead become an avid learner.
Merely copying someone’s journey even he or she is rich and famous is a long-almost-fantasy quest. We can try and apply the tips successful people give, but we still need to personalize those according to our situations and motivations. On the other note, its billionaires hunger for valuable lessons is their key to their unstoppable success. How and where they learn?
In the report of Dallas Morning News, most of the traits of the billionaires are connected to their aim to learn in whatever way possible. The report mentioned that these people invest in themselves through enrolling to various classes, they’re always curious that that they don’t hesitate to explore and seek advice, and they like to be with smart people to become abreast of the current trends.
“…these billionaires tend to keep things straightforward, interacting with each other on a one-on-one basis to stay sharp and informed,” DMS shared.
Most of billionaires also went through challenges, but instead of letting their bad experiences to stop them, they turn those into their biggest lessons. Each failure they encounter serves as a step towards to their dreams so in the end they have no regrets, recover, and become victors.
“Our current business model is the result of a series of failures and the lessons we learned from them. If we would have stuck to the original business model, we would be bankrupt by now,” a billionaire’s story shared in a study of UBS and PwC that involved 1,300 of the world’s billionaires.
The study also revealed that one of the unique traits of self-made billionaires is they innovate values and ideas out of the challenges they encounter.
“…Curiosity is constantly driving them to look for unmet customer needs that create a significant business opportunity,” UBS and PwC’s imparted.