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5 self-made female billionaires

September 23rd, 2010 at 02:01 pm

For some reason,

Text is I found this article interesting and Link is http://ca.finance.yahoo.com/personal-finance/article/yfinance/1833/5-self-made-female-billionaires
I found this article interesting, not so much because they are women (though more power to you ladies), but because of the wide variety of pursuits that lead to their wealth. I mean, think about it:

One of them runs a day time talk show.
One of them opened a bunch of clothing stores.
One of them is a real estate developer in China.
One of them is in marketing for a hugely successful dot com.
One of them is an author of a highly popular book series.

So, let's deconstruct this down one more step and examine their activities. What do they actually DO to make their billions?

One of them hosts a television show.
One of them sell clothes.
One of them develop real estate.
One of them does marketing for a website.
One of them write.

Let's go down one more step to the quintessential activity:

Talk.
Sell.
Sell.
Market.
Write.

Broken down to this level, I think there's an emerging common theme. Basically, you want to connect and sell products and services to a large group of people. Connect and sell.

So, how does any of that translate to me? Sadly, I'm not a great communicator I don't think. And yet, I would like to think that this blog, for example, has a pretty decent reach as far as personal blogs go. So, some way, some how, even a guy like me can "connect" if I persist long enough....

But what about the sell part? I guess that's my biggest stumbling block. I have no idea what I could or would even want to offer to the general populace. The advice not to trade stocks? Big Grin I have no idea.

Well, it's amusing to contemplate anyways. What do you think? Either way, hope you enjoyed the article.

3 Responses to “5 self-made female billionaires”

  1. pretty cheap jewelry Says:
    1285271291

    without reading the article (but taking an educated guess) perhaps the distillation is more like:

    -spiritually lead the average person (not talk)
    -improve the average person's esteem (not sell clothes)
    -construction expert (not real estate)
    -computer technology wizard (not marketing)
    -applied imagination writer (ok, writer)

    None of these are at all simple or easy. Now off to see the article.

  2. Broken Arrow Says:
    1285271767

    Yeah, I certainly wasn't trying to imply that they are not highly skilled in what they do. I'm only stating what kind of paths they traveled to become billionaires. Smile

  3. baselle Says:
    1285272520

    My favorite billionaire-ness story:

    Text is http://query.nytimes.com/gst/fullpage.html?res=9C03E5DA1030F935A25752C0A9619C8B63 and Link is
    http://query.nytimes.com/gst/fullpage.html?res=9C03E5DA1030F...
    Made a fortune in recycling waste paper, delivering it from the US (where it was generated and worth nothing) to Mainland China (where paper was in short supply and worth much more). Its really like many situations in investing where one exploits discontinuities in pricing. In investing one tries to buy money.

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