Summary of Summaries from Top 1000 Billionaires

Summary of Summaries from Top 1000 Billionaires

==============NEWNESS==============

==ENTERING A NEW MARKET UNDERGOING DISCONTINUITY EARLY==
==BEING A PIONEER IN A VERTICAL MARKET SEGMENT AND BECOMING THE LARGEST AND MOST WELL KNOWN IN IT==
==IDENTIFYING A NEW, LARGE MARKET FOR AN EXISTING PRODUCT LINE==
==BEING ONE OF THE FIRST TO START WORKING IN A NEW MARKET==
==BEING THE FIRST TO LAUNCH A PRODUCT EVEN IF FOR A NICHE MARKET SEGMENT==
==DISCOVERING INVESTMENT OPPORTUNITIES EARLY==
==GETTING A NEW ADVERTISING / MARKETING STRATEGY THAT GELS BRILLIANTLY WITH THE PRODUCT / SERVICE==


=========CONNECTIONS===========

==USING FAMILY CONNECTIONS==
==NURTURING BIG CONTACTS==
==POLITICAL CONNECTIONS==
==BUILDING RELATIONSHIPS==
==STUDYING WITH FUTURE BIG HONCHOS==


==========OBSERVING & RESEARCH=============
==OBSERVING UNIQUE / INNOVATIVE OPPORTUNITIES==
==LOOKING FOR TRENDS THAT INDICATE PHENOMENAL MARKET GROWTH==
==REVIEWING AND ANALYSING POSSIBLE BUSINESSES BEFORE GETTING IN==
==SEEKING OPPORTUNITIES FROM EVERYDAY PROBLEMS, ESPECIALLY PROBLEMS IN USING A/THE PRODUCT==
==OBSERVING OPPORTUNITIES ALONG THE BUSINESS VALUE CHAIN OR IN A SPECIFIC PROCESS IN THE VALUE CHAIN==
==RESEARCHING WHAT COMPETITORS HAVE DONE==
==OBSERVING TRENDS AND BEHAVIOURS==
==TAKING BIG RISKS AFTER DEEP THINKING==
==GOING AROUND THE WORLD AND OBSERVING WHAT OTHERS ARE DOING IN THE FIELD==
==A GOOD EYE FOR SPOTTING BUYING OPPORTUNITIES==
==ABILITY TO FORECAST SHORT TERM TRENDS AND MOVING QUICKLY==
==TRANSLATING BROAD ECONOMIC TRENDS INTO HIGHLY LEVERAGED, KILLER PLAYS==
==BIG GAINS BY EXPLOITING SHORT TERM PRICE / ARBITRAGE OPPORTUNITIES==


=========STRATEGY============

==SPOTTING A MARKET OPPORTUNITY EITHER IN TERMS OF PRODUCT OR PRICE OR WHATEVER==
==INVESTING HEAVILY IN A MASS MARKET PRODUCT SEGMENT AND CAPTURING HUGE MARKET SHARE==
==VISION, PATIENCE AND EXECUTION==
==FOCUSSING ON BUSINESS AND KEEPING OUT OF PARTY CIRCLES AND POLITICS==
==ABILITY TO MASS PRODUCE SOMETHING THAT WAS CUSTOM MADE EARLIER AND THUS SELL AT LOWER PRICES==
==KEEPING THE COMPANY PRIVATE==
==CREATIVE DESTRUCTION==
==MAKING SURE CUSTOMERS ARE EXTREMELY SATISFIED WITH WHAT YOU OFFER==
==BUYING THINGS ON THE CHEAP, WHIPPING THEM INTO SHAPE AND RUTHLESSLY DRIVE COMPETITORS OUT OF BUSINESS==
==OFFERING COLLEAGUES TO BECOME MORE INVOLVED IN THE COMPANY FROM A FINANCIAL AND OWNERSHIP PERSPECTIVE==


===========SKILLS===========

==GREAT TEAM WITH COMPLEMENTARY SKILLS==
==FORMING JOINT VENTURES / TECH PARTNERSHIPS==
==UNIQUE INTERSECTION OF DIVERGENT AND HIGH END SKILLS==
==CHOOSING A BUSINESS PARTNER WHO COULD HIMSELF BECOME A CELEBRITY OR AN INDUSTRY/PRODUCT INFLUENCER==
==HAVING A PARTNER WHO IS A FINANCIAL GENIUS==
==GETTING ACQUAINTED TO A TECH OR A PRODUCT VERY EARLY IN LIFE==
==HAVING PEOPLE WITH COMPLEMENTARY KNOWLEDGE IS IMPORTANT IF YOU WISH TO BUILD SOMETHING THAT IS COMPLEX AND INTEGRATED==


============FIRST============

==FIRST TO DO SOMETHING THAT HAS A MASS MARKET==


===========PERSONALITY==========

==A REBEL AND A CONTRARIAN==
==BRUSHING ALL YOUR SENSES EVERYDAY AND KEEPING THEM ABSOLUTELY ACTIVE==
==GENTLEMANLY WAY OF DOING BUSINESS==
==HELPS OTHERS, EVEN COMPETITORS IN A PERSONAL WAY==
==ABILITY TO LEAD CONFLICTS, ESP CORPORATE CONFLICTS==
==GOOD DEAL MAKER==
==QUICK TO ACCEPT MISTAKES AND TAKE ACTION==
==FOCUSSING ON ONE SINGLE THING 24 HOURS A DAY AND DOING IT REALLY, REALLY WELL==
==SHARING SPOILS WITH COLLEAGUES==


=======CRISES AND DISCONTINUITIES=====

==BENETTING FROM ECONOMIC / REGULATORY DISCONTINUITIES==
==BENEFITTING FROM CRISES==
==SEEING WHAT DISCONTINUITIES / CRISES COULD COME IN FUTURE AND ACTING QUICKLY TO BENEFIT FROM THEM==
==BENEFITTING FROM ECONOMIC AND REGULATORY DISCONTINUITIES ESP DURING NASCENT STAGES OF A MARKET==
==GOT FIRED, AND GOT FIRED UP==
==TAKING ADVANTAGE OF A MARKET VACUUM==


============LUCKY BASTARDS==============

==BEING IN THE RIGHT SPOT AT THE RIGHT TIME==
==CATCHING LUCKY BREAKS??==
==BEING THE SON OF AN INFLUENTIAL PERSON IN A RELATED INDUSTRY==
==BORN IN THE RIGHT TIME IN THE CORRECT FAMILY==


========PASSION & INTEREST===========

==HAVING A TINKERER'S MINDSET==
==PASSION ABOUT THE CORE ACTIVITY THAT HIS BUSINESS FOCUSSES ON==
==ENJOY WORKING WITH THE CORE PRODUCT AND INNOVATING IT==
==TALENT AND PASSION FOR INNOVATIONS IN THE PRODUCT==
==IF YOU LITERALLY GET SOME IDEA IN THE DREAM, IT IS POSSIBLY WORTH PURSUING==
==USEFUL PRODUCT INNOVATION==


=====================CONTRARIAN===================

==BUYING THINGS WHEN EVERYONE IS SELLING IN A DISTRESS MARKET==
==DOING IMPORTANT THINGS THAT COMPETITORS DO NOT DO OUT OF HABIT OR CUSTOM==
==CONTRARIAN THINKING==
==INVESTING IN A COUNTRY WHEN THE OTHERS ARE RUNNING AWAY FROM IT==


==================MARKETING & ADVERTISING=============
==GREAT ADVERTISING OF A BRAND==
==GETTING A NEW ADVERTISING / MARKETING STRATEGY THAT GELS BRILLIANTLY WITH THE PRODUCT / SERVICE ==


======================EARLY MOVER=========================
==TAKING A PRODUCT EARLY TO THE MARKET INSTEAD OF GETTING INTO ANALYSIS PARALYSIS==
==JOINING THE RIGHT COMPANY EARLY IN CAREER==
==SPOTTING OPPORTUNITIES EARLY AND MOVING IN==
==BEING AN EARLY EMPLOYEE OF A STARTUP THAT BECOMES VERY LARGE LATER==


==================OPTIMAL STUFF - TIME AND PLACE==================
==MOVING THE BUSINESS HEADQUARTERS INTO THE MOST OPTIMAL LOCATION==
==GETTING TO DO THE RIGHT KIND OF ACTIVITY AT THE RIGHT TIME==


======================NIMBLENESS==================
=MOVING QUICKLY IN A NASCENT MARKET TO ESTABLISH CLEAR LEADERSHIP==
==TAKING MORE ACTIONS EVEN IF IT MEANS MAKING MORE MISTAKES==
==NIMBLE BUSINESSMAN GETS VERY WEALTHY WHEN THERE ARE BIG POLITICAL DEVELOPMENTS==
==SPLIT YOUR LIFE INTO TEN MINUTE PACKETS==
==RESPONDING QUICKLY TO MARKET NEEDS==


=================THINKING BIG==================
==FOCUSSING ON BECOMING THE LARGEST==