What is the Difference between a Millionaire and a Billionaire?

What is the Difference between a Millionaire & a Billionaire?

I will clearly explain you in this article that what is the basic core difference between Millionaires & Billionaires?

The basic core difference between Millionaires & Billionaires is – Mindset

Yes, Both of them have a different mindset. And this mindset makes 2 basic difference in the long run. These are those 2 differences.

01) Millionaires BUILD WEALTH While Billionaires CREATE NEW WEALTH in the Economy

02) Millionaires DO INVESTMENTS While Billionaires CREATE INVESTMENTS in which millions of people want to Invest in.

The different mindset makes the above 2 basic differences. So How Billionaires Create New Wealth & Create Investments in the Economy? Well, They do it by developing a successful Business and later on taking that Business to the public.

Taking your Business to the public means creating new wealth in the economy. It means that you are creating new Investments in the economy in which millions of people want to invest in. Millionaires invest in someone else’s profitable Businesses while Billionaires are so much confident about themselves that they keep investing and re-investing in their own Businesses and make their Businesses Giant.

Google, Microsoft, Reliance, Tata, Amazon, eBay, McDonalds, Coca-Cola are the few Examples of Giant Billionaire Businesses. The founders of all of these Businesses are Billionaires because they have think and acted in the different manner in the past.

The founders of all of the above Businesses have not just think about building a portfolio of bluechip stocks. But they have think of taking their Businesses to the public. They have think of creating new Wealthy in the economy and that’s why they are Billionaires.