Real Estate Investor Magazine South Africa November 2013 | Page 68

LESSONS BY ANGIE REDMOND Be A Billionaire Learn to invest like one W ho wouldn’t want to be a billioniare? While most people think this is just a dream, the following examples of people just like you and me, who became billionaires, will show you that it can be done. Not one of these people were rich or geniuses, they just didn’t let failure or adversity stop them. So look at the lessons their lives offer you and the next time you think you can’t do something ask yourself if any of the people on this list would have given up? The answer is no, so you shouldn’t either. If you want to be a billionaire, start thinking and investing like you want to be one. 1. David H Murdock David Murdock only got a Std 9 education, and after serving in the army he returned to Detroit homeless. A loan from a good samaritan changed all of that and he moved to Los Angeles and got involved in real estate. After seeing some success in sales and acquiring some properties of his own, Murdock began to acquire businesses. One would prove to be a standout investment. Castle & Cooke was a bankrupt real estate company, which is how it caught Murdock’s eye. He developed their real estate portfolio and the rest is history, today at 90 his net worth is $2.4 billion. The lesson here: you can go from homeless to billionaire in a few years with the right investment strategy. 2. Mark Zuckerberg If you have a Facebook profile, then you know who Mark Zuckerberg is. He launched the social networking site from his dorm room in Harvard, and dropped out in his sophmore year. At the age of 23, he became the youngest billionaire. His net worth is $16.8 billion. The lesson here: sometimes you just need the right idea and a little bit of innovation to change the world and your life. 3. Steve Jobs If you haven’t already seen the Steve Jobs movie, then it’s definitely worth watching. Steve dropped out of college and continued to go to classes, just to gain knowledge. At 21 he and Steve Wozniak started Apple Computers out of his father’s garage. He didn’t play it safe, he threw in all his cards on his projects, and he wasn’t afraid to say what he thought, which is why Apple is as successful as it is today. Despite being voted off his own board, he turned Apple around and made it t ?????????????????)???M???e??????????????????????????????????Q????????????????e??????????????????????????????e???????????????)???????????((??Q?????!???????()Q?????!??????????????????????????????????????????????????????????????????????????????????????????????????)?????????????????????????????????????????????????????????????????????????????%???????????????9??e??)?????????????????????????????????????????????????????????????????Q?????Q????????????????????????????????Q??)??????????????????????????????????e??????????????????((??M??I?????? ????)I?????? ?????????????????????????????????????????????????????????????????????????????????????????????????)???????????????????????????????????????????M????????????????????????????????????????????????Y??????????)??????????????????!??????????????????????????????????????????????????????????????????????????????????Q????)I?????? ???????????????????????Q??????????????????????????????????????????????????????????????((??()9??????????M?I????????%?????()??????????????((0