Thursday, March 12, 2015

Part 1: Learning How to Build Power, Wealth, and Glory

Bill Gates Net Worth

Net Worth: $79.3 Billion

Statistics
  • Source of Wealth Microsoft
  • Birth Place Seattle, Washington, U.S.
  • Height 5' 10" (1.78 m)
  • Marital Status Married (Melinda Gates)
  • Full Name William Henry Gates III
  • Nationality United States
  • Date of Birth October 28, 1955
  • Ethnicity English, German, Scots-Irish
  • Occupation Chairman of Microsoft, Businessman, Investor
  • Education Dropout, Harvard University
  • Children 3 (Jennifer Katharine, Phoebe Adele, Rory John)
 
This is what it takes to gain power, wealth, and glory. Just because your parents has money does not mean Gates will get money.
 
 


Many people in this country build Wealth, in turn create power and in turn get a lot of glory for doing it.  The richest 250 people in the world are listed below;

These people did not get up one day and say I got money.  American business magnate, computer programmer, investor, philanthropist and author, Bill Gates, has a net worth of $79.3 billion as of March 2015 according to Forbes.  The software giant and current richest person in the world co-founded the largest computer software company in the world, Microsoft, with Paul Allen.
The company officially established on April 4, 1975, with Bill Gates as the CEO.  He stepped down as Microsoft’s CEO in 2008, to concentrate with his charity work through the Bill & Melinda Gates Foundation. He started in his parents garage working on his company. He had a plan and worked his plan. In the end, he had wealth. He used his wealth to gain enough power to changing the world's computer processing industry.  He is known in every country on Earth, giving him the glory of changing how the human race does business.  

Like Bill Gates, if you want power, wealth, and glory, you have to pay the price to get it. Like me, many of us do not want to pay the price of becoming billionaires.

Warren Buffett KU Visit.jpg
 
Warren Edward Buffett is the most successful investor of the 20th century.  Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2011. In 2012 Time named Buffett one of the world's most influential people. Buffett is called the "Wizard of Omaha" or "Oracle of Omaha", or the "Sage of Omaha" and is noted for his adherence to value investing and for his personal frugality despite his immense wealth.
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From these two examples, you can see three things in common;
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1. They both worked to get to where they are. Bill Gates made it his way by developing hardware and Software that was unique to the industry. Buffett made his money by figuring out how the equities markets work; looking at  how companies react to one another in the industry.  
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2. They were committed to their work. They did not say that they will work on it 15 minutes every two weeks. They spent most of the day, every day on their plan until they perfected their product.
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3. They did not let others tell them that they were crazy or allow themselves to be talked into spending time and money on other things. Thinking about a plan and working the plan is two different things. Many people start working on a plan just to get side tracked into doing something else.
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This is why some people start a plan to make money, gain power, or become famous and make it getting some degree of these three objectives. Some will become somewhat wealthing, some very wealthy, yet a small percentage will become extremely wealthy, famous, and powerful.
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Click on the link or on the picture.
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 https://www.youtube.com/watch?v=E4Dh_71fM6U

The Black CEOs...........A View From The Top.wmv  
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In the world that I travel in, I never became very wealthy or somewhat wealthy but I am surviving better than most people.
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Note:  If you want to work to become wealthy and you have a spouse, you better have an agreement with the spouse before you start. Your  spouse can destroy your dreams because they can.  If you are not married or living with someone, don't. In fact, make your home a fortress and only let someone in when absolutely necessary or if the future spouse has the same objectives as you do.
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In this business, you never have friends. Treat everyone like they are an acquaintance.  Like on the TV show "The X-Files,"  Mulder, trust no one.    

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In Part Two, we are going to talk about the education that you will need to get started.  No, I am not talking about hard to learn college education steps. I am talking about things that I have already talked about if you have been reading my financial blogs.   
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My Book; Building Wealth with Corporate Bonds
 


I told you many times about my last book published in 2003 called, "Building Wealth with Corporate Bonds." The price is $35.00. I am selling off my final copies of this book. After that, I do not plan to produce anymore.  Some of the topics enclosed are:
 
  • Creating a Risk Policy

  • Bull and Bear Markets

  • What are Stocks and Bonds

  • Corporate Bond Strategy

  • Buying Corporate Bonds on Margin

  • How to Place orders
 
 

You can buy a copy of my book by sending a donation of $35.00 money order to: Darnell L Williams

Building Wealth with Corporate Bonds

I/O Darnell L Williams

200 A Seneca Way

Havre de Grace, MD.  21078

 

I only have a limited amount of copies so order yours today. When they are gone, they are gone.  
  
 

 

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