3 Life Hacks from Rebel Billionaires
Article written by Librarily
There are roughly 2000 billionaires on this planet. If you’re not in this rare group of individuals, your chances of joining them is about one in 4 million.
In fact, you are more likely to be struck by lightning rather than becoming one of these billionaires too.
Of course, if you intend to become one, then that requires you to take a very different approach than otherwise. And there’s no one better to show how to become billionaires ourselves than a group of rebel billionaires.
Here are 3 life hacks from this rare group of achievers:
Sir Richard Branson is the best example of this. Not only is he known for working hard but he is also known to play hard too. Whether it involves bungee jumping off building or hot air balloon rides, he truly understand living Life to the fullest. No matter what, always take time away from work to recharge your batteries.
2: Follow your passions
When it comes to building a business around something you are passionate about, the founder of GoPro, Nick Woodman, is the best example. His action-camera company was literally built on the backs of adventure seekers and extreme athletes around the world. Not only does it help them share their passion but he made a fortune from it too. So, if you love something and others share your passion, then you can definitely make money from it.
3: Take smart risks
This life hack is definitely embodied by Mark Cuban during the dotcom bust. His company, Broadcast.com, was acquired by Yahoo in 1999 for $5.7 billion. However, in seeing that a crash was inevitable, he made the call to short an index fund that was a sizable stake in Yahoo and which helped balance out his overexposure. While it cost him $20 million, it prevented the loss of a bigger number. Yes, take smart risk but always prevent overexposure.