See If You’ve Got What It Takes to Be a Billionaire

Black and white group of people doing teamwork in contemporary office.
UberImages / iStock.com

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

It isn’t easy rocking a 10-figure salary — but for many, cracking the list of the world’s richest is the real end game of a life-long career.

Do you have what it takes to be a billionaire? Read on to learn how to think like a billionaire with these useful traits.

Billionaire Tip No. 1: Start and Commit to Your Business

The richest of the rich tend to have one common tie that binds: They are their own bosses. It seems that to maintain a massive salary, you need to take matters into your own hands — usually in the form of entrepreneurship.

Billionaire Tip No. 2: Make Smart Investments

One of the most notable billionaires in the world, Warren Buffett, didn’t amass his $87 billion net worth by making crazy choices. Buffett’s money moves were always calculated and intentioned — they don’t call him “the Oracle of Omaha” for nothing.

Click here to learn 11 ways Buffett lives frugally.

Billionaire Tip No. 3: Invent a Solution

Money doesn’t buy happiness, but it does buy convenience — so instead of focusing on the “next big thing,” focus on making the current thing a little better. Innovation is worth a lot of green — and it all starts with improvements.

Also See: This Is How Rich You’d Be If You Invented These Iconic Products

Billionaire Tip No. 4: Collaborate

One of the first things you learn as a child is the importance of a solid team. No single person has all the answers, which is why it’s pertinent to surround yourself with other great thinkers that complement your skillset and vision. A great co-founder should be the yin to your yang — and they could catapult you further than you ever could’ve gone on your own.

Today's Top Offers

Billionaire Tip No. 5: Adopt a Billionaire Mentality

The first step in being a billionaire starts with your attitude. Making major money is about creation, innovation, assistance and resilience. As a billionaire, you want to create new products, improve the ones you have, help people and always keep persevering — even when things get tough.

Up Next: The 16 Craziest Things These Billionaires Spend Their Money On

BEFORE YOU GO

See Today's Best
Banking Offers

Looks like you're using an adblocker

Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.

  • AdBlock / uBlock / Brave
    1. Click the ad blocker extension icon to the right of the address bar
    2. Disable on this site
    3. Refresh the page
  • Firefox / Edge / DuckDuckGo
    1. Click on the icon to the left of the address bar
    2. Disable Tracking Protection
    3. Refresh the page
  • Ghostery
    1. Click the blue ghost icon to the right of the address bar
    2. Disable Ad-Blocking, Anti-Tracking, and Never-Consent
    3. Refresh the page