Little Elijah's mother knew that the little man's knowledge was good. Even then, when the Oitukun boy raised 50 by raising turkeys, selling chocolates to friends and working for neighbors, he was quite surprised. Speaking of time, 50 is not a waste of money. More than 170 years ago. The value of that 50 dollars is now equal to one and a half thousand dollars. In Bangladeshi rupees which is about 1 lakh 27 thousand rupees. Eliza once asked her son to lend the money to a poor farmer in the area. John was only 12 then. After listening to his mother's words, John lent money to the farmer. However, the little boy gives up the condition. He will have to pay 7 percent of the profit that will come from using that money. The farmer returned the dollar with a profit a year later.
The full name of this guy in the story is John Davison Rockefeller. He is the first billionaire in US history. His total wealth was about 40 trillion as of today. From his own experience, Rockefeller believed, "It's better to work for money than to work for money."
In 1916, John Rockefeller became the first billionaire in the United States with a population of 100 million. The story of all the rich people of the world crossing the path of becoming rich is different.
1. Follow your own mind
Do you know how the ride sharing app Uber came about? In 2008, a young man could not find any transportation on the streets of Paris. He stood for a long time. And that incident inspired young Canadian entrepreneur Garrett Camp to create this ride sharing app. He is currently on Forbes' list of billionaires. Many people know the name of Dropbox 7, a unique service for storing information online. The story of making it is also interesting. It was founded in 2007 by Drew Houston and Arash Ferdousi, two graduate students at the Massachusetts Institute of Technology (MIT). One of the reasons they made it was that they often forgot to take the USB port to store their data. JK Rowling was 25 when he first got the idea for the Harry Potter story in 1990. Rowling, waiting for a train four hours late, began writing the first Harry Potter series at the station that day.
2. Must dream big
At the age of 19, Bill Gates realized that a personal computer could revolutionize business, education, communication, and entertainment — if it could be made easier to operate. It should be done in such a way that everyone can use it. And this is one of the motivations behind his creation of Microsoft. Amazon founder Jeff Bezos also had big dreams. The dream is to provide all kinds of services starting from low cost virtual retail products.
3. Completely committed to success
Mark Cuban has a successful career as a businessman and inventor. He also owns the film distribution company Magalonia Pictures, the professional basketball team Dallas Mavericks, and Landmark Theaters, the largest chain cinema hall in the United States; Chairman of HDTV cable network ‘AXS’ TV. The author of How to Win at the Sport of Business was once employed. He graduated from college in the 1980s and took a job as a salesman in a computer store. But he lost his job because of the store owner's dislike. That's when you decide, no more jobs. Started thinking of starting a new type of business.
After losing his job, he set up a company called Micro Solutions. In a short time, he earned 240 billion. Mark Kuban, 62, is now considered one of the most successful businessmen in the world.
4. Fear of failing
The story of American millionaire Sam Walton is quite inspiring. The founder of the famous supermarket Walmart in the United States capitalized on goodwill. But when Walton decided to do business, there was nothing like capital. Sam Walton borrowed 25,000 from his father-in-law. Then, at the age of 42, he set up Walmart in Arkansas. Since its inception in 1962, the value of the company has risen to more than 17 crore 60 million by 1976. The key to his success was low prices, high sales. The funny thing is that Walton's first store in Arkansas broke down. However, Walton did not back down.
There are also interesting stories about Steve Jobs. The founder of the 2 trillion company Apple has also tasted failure many times. Steve also had to leave the company due to the failure of Lisa Computer. Apple Computer also has a history of failure. The story of the patience of Sir James Dyson, the father of the Dyson vacuum cleaner, almost lost to the Scottish warrior Barrett Bruce. He was successful after making 5,128 products for 15 years.
5. Attention to small things
Harvey S. Firestone, founder of the Firestone Tire and Rubber Company, thinks, ‘Success is the sum of the details.’ Steve Jobs would not give up even the smallest thing in his invention. One weekend morning, he told a Google executive that he did not like the Google logo on the iPhone. He wants to change that. Jobs also kept a close eye on all the small details of his product.
6. Put side by side with trusted mentors, friends and partners
The story that I started with John Rockefeller's first biography shows that his mother played a big role in his success. Behind every success lies the contribution of a trusted mentor. Much like Robin with Batman. Paul Allen was Bill Gates. Wozniak was a friend of Steve Jobs. The two of them first made an Apple computer sitting in the garage of a house.
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