Tips from the 5 most important tycoons to reap success

If someone tries to convince you that they have The secret of success, you should not believe him, it sure is a sham. In any case tips can really help. The best way to distinguish whether or not some advice is effective is by observing who it comes from.

If you receive tips on success and fortune from influencerss and that they have actually achieved succeed in business, you can make sure that you are not falling, in principle, into any deception. Underestimating discipline, prudence and perseverance would be a serious mistake, they are the key elements that will serve for whatever you undertake. However, it is necessary to know that this alone is not enough, you also have to develop skills and qualities that are not learned in any school. It's about the empathy, cheerful humor, and knowing how to choose good company, as well as knowing how to choose them. Nothing can be discounted when it comes to reaching our goals. 

From speeches and advice from the most famous tycoons, we present here the teachings of those who appear in the top 5 positions of the renowned magazine Forbes: Is Jeff Bezos, Bill Gates, Bernard Arnault, Warren Buffet y Amancio Ortega. They are entrepreneurs who have made themselves. Who is most appropriate to take their examples?

Jeff Bezos, fortune and customers

You have luck estimated at 117.000 million, and with an agenda that leads to almost nothing. The CEO of Amazon Anyway, he gives talks in which he reveals some of the fundamentals of his incomparable success that can be of great use to us. We will take one of the lectures that I gave in Las Vegas last year, in a famous conference called "Re: invent". In this congress he took the time to explain that passionate and insistent work is not enough. These elements are more than necessary, but the insists that a large part of the achievements he achieved must be traced to focusing on the full satisfaction of his love Lóleo.

Here empathic work is elementary, get out of oneself and place oneself in the other's situation. This appears as a great key to success, the extent to which the skill is conducted correctly. It is not only about putting customers in the shoes, but also succeed in identifying your needs.

For this you have to get rid of fear, tells us that "The biggest barrier is yourself, of course they will fail more than once and nothing happens". This is undoubtedly an invitation to take risks and learn to bear the frustration that failure can generate. Failure that is never complete, because you always learn something if you are alert. That is why it is so important to dare to change, "They will be an experiment, an experience that will mean another step on your path to success", tells us.

Success Bill Gates, investment and hobbies

It is, of course, the creator of Microsoft. He is a great philanthropist and accumulates nothing more and nothing less than 94.700 million, of course he is not afraid of defeat either. Highlight that "It's important to celebrate success, but it's even more important to pay attention to the lessons of failure." He himself tells us that one of their tactics is to know the stock market thoroughly and invest in it. More than half of his fortune is invested in various funds.

The great tycoon has insisted many times on the importance of surround yourself with people "valuable”, To learn from them and inevitably inspire you. As he says, "when you have smart people working with you, you want to keep them stimulated." Furthermore, he tells us that while focusing on success is certainly important, he also insists on pay attention to our hobbies to disconnect, "Reset" the brain and thus return, already rested, to work with much more force.

Bernard Arnault, millions, patience and luxury.

Knead one wealth of more than 86.000 million who, like other fellow entrepreneurs, began to accumulate working from below. We talk about the owner of the group LVMH, offering luxury items. Just being a university student, he began helping his father in the family business; he himself convinced his family to start investing in much more powerful and visionary businesses. It was in this way that he began his great empire. For the French magnate perseverance and appearance are core elements"I think in business you have to learn to be patient. Maybe I'm not very patient with myself. But I think what I've learned the most is being able to expect something, and get it at the right time. "

He insists that both the technical and creative dimensions are extremely important, but it is also invest in quality, despite the fact that the products are more expensive this way. “What made Louis Vuitton famous was quality. We don't do marketing; We only create products that are exceptional in design and craftsmanship. I firmly believe that success lies in the combination of talent and business knowledge, and that the magic comes from the partnership between the two ".

Warren Buffett, earn your fortune while you sleep

Of the largest investors in the world, The American businessman has deployed his commercial strategy that has been great for him, taking into account that he brings together some 63.000 million. He is a great expert on the stock market and advises not to have a single source of income. Convinces us of make investment a second support. "If you can't find a way to earn money while you sleep, you will work until you die.". He also insists on always having a plan B in business, taking into account all possible scenarios to succeed in any situation, for him "Predicting rain doesn't count, building coffers does".

Anyway, we will highlight one of his phrases considering it one of the most important and the ones that most invite us to think: "Never ask a hairdresser if he needs a haircut." Said in a different way it is extremely important take into account the intentions of all people with which you work and with which you surround yourself. Only in this way will you know how to predict their behavior and get it right.

Amancio Ortega, the success of working since the age of fourteen

The humble origins of the founder of the clothing company Zara are impressive. Amancio began working at the age of 14 as a shirt delivery man in a store in “La Coruña”. Later he would start working as a salesperson in a clothing company, to then take the first step in founding what is now the Inditex Group. This is the fifth richest man in the world, more than 58.000 million. Despite this, it can be seen in him that he is still a humble person and that he enjoys the small pleasures of life. Many have to consider humility as extremely key when it comes to reaping success, an element that is repeated in various tycoons.

Of course we must look at the strategy that has made Zara what it is. One of the most important keys resided in shorten production and distribution processes with respect to the rest of the firms. This means that the Galician businessman knows without a doubt listen and use your imagination with the aim of supplying new demands. He insists that we should not focus only in wealth: "If I have made so much money it has been because my goal has never been to make money."

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