Tuesday, April 8, 2008

So You Want to Become a Billionaire

So you and ten million other people want to become billionaires. I am not a billionaire, but I will give you some ideas that will at least give you a chance to become a billionaire. In Forbes.com a few years ago, I read that the world would see trillionaires by 2030. Where will these trillionaires come from? Probably nanotechnology, robotics, organics, alternative energy, bio and neurotechnology. So as you can imagine, these fields will likely produce many billionaires.
If you have a mind for science, it seems like a good idea to start or even less preferably to join a disruptive technology firm. If you can’t, here is what you do: piggy back on top of disruptive tech entrepreneurs by buying their traded stock. Sure we are a ways off from real disruptive technology, but start amassing capital and keep up on the news surrounding disruptive technology. If you look at the Forbes Billionaires and Forbes 400 issues, you will see that billionaires come from a lot of fields. So don't think you need to ditch the real estate or Internet field or another field to become a billionaire. Acquire capital and piggy back on talented tech entrepreneurs as an investment. Don't overlook venture capital firms and excellent technology mutual funds.
There are obviously no guarantees and you can fail. But if you insist on becoming a billionaire, these ideas will give you a shot. In the meantime, start studying investments, looking for the right stockbroker, reading about disruptive technology, and finding more money to invest.

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