Monday, April 28, 2014

Can anyone become a Billionaire? Can you plan it?

In life many things happen either expected or unexpected. Things which happen as expected normally takes the following course. We wish, then we plan and we reach our goal. For example for a person to get married(arranged marriage), she has to first wish to be married. Then the planning happens: where and who to marry, when to marry, where to marry, who to invite, at what budget, where to go for honey moon etc, This wish, plan and act process applies to any goal in life. So can someone plan to be a Billionaire?

Before answering this question let us examine the process which produces billionaires. Forbes estimates about 1600 Billionaires around the world.  All of the billionaires own businesses or invested in ventures. Those businesses are multi Billion in nature. In large corporations lot of people work. In olden days lot of people work for whom?  Kings and Lords. Today thousands of people work for large corporations which are owned by Billionaires. Billionaires are modern day equivalent of Kings and Lords.

In order to be a Billionaire one has to start a company and thousands of people have to work for them.  Not many companies grow to be multi billion in value and even if it grows it will be difficult to keep huge ownership. Very few owners have the ability to keep their shares undiluted while it grows.  If ten people work for you then you are a millionaire. If 100 people work for you then you are a Deca millionaire. If thousand people work for you then you are a Centi millionaire. If 10,000 people work for you then you are a Billionaire. How many people work for you?

While any one can wish to be Billionaire, considering the process which creates Billionaires it will be difficult to further that wish into planning and attaining. It is obvious that one cannot plan to be a Billionaire but becoming a multi millionaire is always within reach. In summary Billionairehood is the by product of  a millionairehood. One can start a company and grow to be a millionaire. If things work out then he or she becomes a Billionaire.

Do you think Bill Gates started Microsoft to be a Billionaire? If you can answer this questions then it is easy for you to be a millionaire if not a Billionaire.

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