What’s the price of “sustained success?” How does one stays ahead of the curve….that is to say…sustained success? Hard work; long hours; deep commitment; on-going integrity; continued education; efficient and dedicated staff. Adequate capital; market comprehension; reasonable overhead; product demand. Luck? There is no such thing as luck……..everything has a price…..including success. I am confident that Bill Gates, Warren Buffett, Mark Zuckerberg, Steve Jobs (until his death), and even the popular Mark Cuban, worked very hard, and continue to work very hard, to MAINTAIN their wealth. According to “Forbes: The combined wealth of Forbes’ 2014 ranking of the richest people in America “The Forbes 400” (p. 125 of the October 20, 2014 Forbes magazine issue) is $2.29 trillion. For the complete Forbes 400 ranking, go to: Forbes.com. There were 276 members of the list who are self-made billionaires; 58 inherited their wealth, and 66 inherited at least a portion but are still increasing it.
Obviously the Walton Family Billionaires probably don’t work very hard, as theirs is all inherited wealth. But, I would venture to say that Buffett continues to outpace everyone in his age bracket. But, you can bet that those who are just your “run of the mill BILLIONAIRE’S” like Mark Cuban, and even #11, Mark Zuckerberg; are “working hard” every day. These types probably feel that they could “lose it all,” and hence, CONTINUE to work such that the likelihood of “going broke,” is mute. But, considering the advanced TECHNOLOGY that we all benefit from; someone like Mark Zuckerberg; probably “runs a bit scared.” I know that I would.
Hard work; long hours; deep commitment; on-going integrity; efficient and dedicated staff is, I believe, are STILL the HALLMARK of the “continued success” of these giants of wealth. Their ability to ATTRACT, and pay for, the “very best” in supporting STAFF, is also one of the main ingredients of their continued success. Dancing with the STARS “is not,” necessarily, a good way to maintain one’s wealth. Too, it would seem that Bernie Madoff, even though he was “up to no-good,” had to WORK VERY HARD to keep his ship from sinking. But, in the end… hard work failed him. A lesson to learn from.
The popular Paul Allen, who has PROVEN that he has “billionaire talent” beyond Microsoft; helps to fund the GATES/BUFETT Charitable Trust. But the Billionaire who stands out the most (among a few others) is David Green (worth 4 ½ billion) who takes ½ of his HOBBY-LOBBY “pretax earnings” and plunges it directly into a portfolio of evangelical ministries. Green keeps the total amount of his charitable contributions private, but based on information received from him and discussion with various recipients, FORBES estimates his lifetime giving at upwards of $500 million.
While a minuscule of us will ever amass much of a fortune, we can, take a lesson from David Green on “giving back.” Green says…” I don’t care if you’re in business or out of business, God owns it. How do I separate it? Well, it’s God’s in church and it’s mine here? I have purpose in church, but I don’t have purpose over here? You can’t have a belief system on Sunday and not live it the other six days.”
There are very few members of The Forbes 400 who bring religion to work. Several notable would be Chick-fil-A’s Truett Cathy, Forever 21‘s Jin Sook, and Do Won Chang, born-again Christians who keep Bibles in their office and print John 3:16 on the bottom of each shopping bag.
Be reminded of 1 Timothy 6:10 – “For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” And also, Acts 20:35 tells us – “In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.”
Jesus was born poor, He lived poor, and He died poor. During Jesus’ 3-year ministry, He speaks about “spiritual wealth,” being more important that material wealth; which He CAUTIONS man-kind against. …Blessings…cjlb…5/4/15