They say money can’t buy happiness, but that doesn’t stop many of us from daydreaming about raking in the big bucks and living the life of a billionaire. As a small business owner, your first billion dollars can seem a long way away. However, following the advice of the entrepreneurs that came before you can give you the best chance of living the high life in the future.
Live Frugally until You Grow Your Wealth like Mark Cuban
Mark Cuban might splash around in his cash now, but the online media mogul and owner of the Dallas Mavericks wasn’t always so flush. The American entrepreneur, who has an estimated net worth of $3.2 billion according to Forbes, has encouraged aspiring billionaires to follow his example and live frugally while building a financial cushion. Cuban slept on the floor or the couch of an apartment he shared with friends and avoided credit card debt and unnecessary luxuries. By living on a shoestring budget, he eliminated financial worries from his life and could focus on achieving his career path.
