Monday, December 6, 2021

 

Do you have a Billionaire mind-set?

One’s IQ is determined mostly by genetic factors (about 80% ) and 20% by early environmental influence. EQ (mostly the ability to identify and manage our own and others' emotions) is influenced by genetics and our early childhood experiences. One’s genes may influence how sensitive you are to emotional information, according to new research by a neuroscientists. But it can be improved a lot through later learning.

Childhood poverty is beyond one’s control, but it can be overcome fully in later life with personal initiatives. billionaires Like Oprah Winfrey, the richest black woman in the world in 2021, and many other rich women grew up in poor families. They have proved that family wealth isn't necessary at all even to become billionaires.

Among the world’s top self-made billionaires are known names like Jack Ma who struggled throughout his early career, failing three times to get into a college, and facing rejection from over 30 odd jobs after graduating. He became an English teacher before he founded Alibaba, a tech business, which struck gold and made him a billionaire.

 Sameer Gehlaut is another billionaire who founded Indiabulls, an Indian conglomerate, Its housing finance division is the second-largest mortgage lender in the country

The latest Forbes Billionaires List puts the total number of billionaires globally at 2,755. Some of those on the list made their fortunes through inheritance. But research has found that the majority of the billionaires are actually self-made- 68% of the total. Heredity does not decide your financial status of life.

There  are billionaires who became so from doing various types of business and there are film actors and other celebrities became billionaires too. A number of today’s billionaires/millionaires  are CEOs, business experts, or top-level executives of large corporations who had very humble beginnings. Poverty or wants need not stop you from going up.

If 68% of the world’s truly rich are self-made why not you too become rich? Well, not everyone can become wealthy. There are a number of common traits like courage, statesmanship, decisiveness, vision, passion, patience, risk-taking ability, long-term-investment-nature, etc. that are found among the wealthy. It is hence reasonable to assume that only if you have such common traits, you can become really wealthy. Do you have them? Please go through the questionnaire below and tick yes or no against each question. Once you complete answering all, look for the score at the bottom. (We assume you know to read and write with at least average IQ and with a healthy physique, all senses working normally.)     

1.       Questionnaire

1.         1. . Do you conform to the prevailing social norms of life? Yes/No                                                              2. Are you interested to follow your line of interest always?  Yes/No                                                      3. Are you willing to try the unchartered territory? Yes/No                                                                        4.  Do you have big dreams in life? Yes/No                                                                                                  5. Do you believe your dreams would come true? Yes/No                                                                            6.  Do you know what you are good at? Yes/No                                                                                            7.  Do you focus on the areas of your excellence? Yes/No                                                                          8.  If you do not know what you are good at, do you ask your family or friends about it? Yes/No            9.  Are you willing to team with others to supplement your skills? Yes/No                                                 10 Do you enjoy working 10-12 hours a day on what you want? Yes/No                                               11.Will you shrink back at the mistakes you commit? Yes/No                                                                   12 Do you have the courage to persevere even after huge setbacks? Yes/No                                             13 Do you invest money regularly for future dividends? Yes/No                                                             14 Do you invest your free time in yourself?  Yes/No                                                                                   15 Are you able to convince others of your views and ideas? Yes/No                                                       16 Do you enjoy meeting people and making lasting contacts? Yes/No                                                 17 Are you patient and willing to wait for long periods for the result? Yes/No                                       18 Do you want instant gratification for your efforts? Yes/No                                                                 19 Do you have the ability to build relationships, motivate, and inspire people? Yes/No                           20 Are you able to concentrate on long term goals? Yes/No                                                                         21 Do you have very high expectations of your own success? Yes/No                                                     22 Do you like investing in property, land, stocks on a long-term basis? Yes/No                                     23 Do you keep easily withdrawable funds for emergency purchases? Yes/No                                       24 Do you like to take credit or loans for your business or financial operations? Yes/No                       25  Do you enjoy doing charity? Do you believe giving brings returns? Yes/No                                   26,Do you like to follow the known and the predictable? Yes/No 27. Do you eat anything that comes your way? Yes/no 28. Are you a voracious reader? Yes/No 29. When something isn’t right, do you follow your instinct? Yes/No 30. Do you blame others or circumstances when something goes wrong? Yes/No 31. Do you focus on your core profession/work always? Yes/No 32. Are you market focused, selling your products or idea? Yes/No

Score: The answers of Qs 1, 11, 18, 26, 27, 30, should be No; for all others the answer should be Yes. Give one mark to each correct answer. Add them up. If you score is 29 and above you have a good aptitude to become wealthy. If it is below 25 The aptitude is less.