Forbes: How Do The Self-Made Chiefs Create Wealth?

You are unlikely to succeed in your first venture, and failure is inevitable.

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Forbes, Steven Bertoni, wrote that almost no one can be lucky enough to succeed in his first business. Failure is always ahead of success as a forerunner.

The success of well-known entrepreneurs who are familiar with the outside world is that they have more confidence, resilience and motivation than ordinary people.

Steven Bertoni said that these rich people were brave enough to throw away their failures and to make necessary adjustments for success.

The billionaires who accept the "acquisition" interview include Mark Cuban, the owner of Dallas Mavericks, and Donald Trump, the US real estate tycoon.

First, the key character of success.

Mark Cuban (owner of the Dallas Mavericks, net worth: $2 billion 500 million): I work very hard and are smarter than most of the people I have worked in.

Darwin Deason (founder of alliance computer services): quick action and self-control.

Diane Hendricks (founder of rooftop products): perseverance.

I always try very hard to know that I can never give up if I want to achieve my goal.

Two, what should be done before success.

Mark Cuban (Dallas Mavericks owner): go home and turn off the lights because you can't afford the electricity bill.

This is a frustrate but stimulating experience.

John Kasimatis (real estate and energy giant, personal net value: $1 billion 900 million): going through every position in your company or industry is the only way to get to know your employees and businesses.

Then you look at your business with the eyes of consumers.

You have to stand on the consumer's side to look at the problem.

Diane Hendricks, founder of the rooftop product company, has a net worth of $2 billion 100 million: trying to make others understand your dreams and make them believe that they can be realized is a process that everyone must go through.

This may hurt your self-confidence, because others often do not understand your ideas, but you must devote yourself to your dreams and make them come true.

You must be able to express your dreams clearly, willing to take risks and put forward your reasons. This is part of your dream.

Darwin Deason (founder of the alliance computer services company, personal net value: $1 billion): you have to experience success and failure. The two can make you progress, help you learn and reduce the possibility of failure.

You must be prepared for all two.

Leon Cooperman (personal net: $1 billion 500 million, source of wealth: hedge fund) you have to experience setbacks.

A few years ago, I set up my own hedge fund, but in 1994, the business decreased by 23%.

But I worked hard, persevered and struggled forward.

In the second year, business rebounded by 30%.

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Three, about "inherit one's father's career"

Donald Trump (US real estate tycoon): genes, hard work and luck are key.

It is not good to mix family and business together. Children do not necessarily have the qualities of their fathers, or for many reasons they cannot succeed.

The success of family businesses needs luck, genetics and hard work.

If your child happens to be excellent, but not smart, you can't succeed.

It requires genetic genes and hard work.

Besides, let them learn to be grateful for life.

Let them appreciate everything they have.

Let them know that the world is not necessarily so beautiful.

And let them set up a concept of work - the idea that they really want to work and enjoy working.

Four. The most readable book

Mark Cuban (Dallas Mavericks owner): The Fountainhead.

Darwin Deason (founder of alliance computer services): many great leaders are famous for their quick action and the Bible.

Diane Hendricks (founder of the rooftop product company): I will never limit the answer to one, and extensive hunting is the key.

Five, the proposal to create wealth

Mark Cuban (Dallas Mavericks owner): cash is the most important.

Darwin Deason (founder of alliance computer services): it all depends on your age, your health and your financial goals.

But I have two general suggestions: understand your long-term goals, and actively manage risks.

Diane Hendricks (founder of the rooftop product company): it's important to talk with others and learn from their experiences.

I especially like talking to people who have been in a situation similar to their own.

We should also talk to successful entrepreneurs and learn from their experiences so that you can avoid some traps that come with wealth.