Legendary investor Tim Draper

Some of the superstar companies that are ventured and funded by Tim Draper:

1. Tesla
2. Skype
3. Path
4. Box
5. Baidu (China's Google)
6. and others (400 companies)

Even have his own Draper University of Heroes.

From http://fundersandfounders.com/inside-the-vc-mind-tim-draper-riskmastering/

Quora Finance 2

More finance question

I am 35 and I haven't achieved much in life. Is it too late?

Superentrepreneur

Wow now there are superentrepreneur.

"SuperEntrepreneurs" are the Cinderellas of the business world. They're the most entrepreneurial of entrepreneurs, the extreme rags to riches stories: they are self-made billionaires.

Self-Made Billionaires Around the Globe: Where and Why They Thrive (Infographic)

Almost always

Almost always, almost there.. Everyone will become an entrepreneur

Via FundersandFounders.com

Retire

Retirement. Why do I have this in mind. Probably can retire now if I made a lot of millions by now, and invest them.

Courtesy of: iMoney.my

Malaysia's Billionaires

Infographic on Malaysian Billionaires
Courtesy of iMoney.my

Habits of Entrepreneurs

What are habits of entrepreneurs that some people don't have any?

I found some on Quora

1. Most people spend their money to get the most utility - fun, food, whatever. Entrepreneurs spend their money to make the most money. This one habit pretty much accounts for everything, and it's a big reason why the rich get richer, and the poor stay poor. 

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2. Time and attention conscious. Time and our attention are the only truly finite constraints - incalculably precious and easily squandered. Successful entrepreneurs are absurdly conscious of the fact, and tend to become highly organised, intolerant of inefficiency and laser focused. Many famous figures famously wear the same outfit every day (Zuckerberg, Jobs) claiming that anything else is an unnecessary waste of their attention.
3. Develop skills that compound. Entrepreneurs even think of their own skills as an investment; whatever time they put in should have the greatest possible return. For example: creating software, leading others, spotting future trends. They are typically self-taught, and diligently so. They work to make themselves the type of person who would be wealthy.
4. Constructive attitude. True entrepreneurs look for ways to make ideas work, while regular people focus on why they won't work. If entrepreneurs hit an obstacle, they mobilize and seek ways to overcome it. Regular people see it as an excuse to give up.
5. Focus on Value.  Entrepreneurs understand the idea of value. Whatever they do, they make sure the value created is larger than the cost of resources used. Regular people tend to focus on expenses. Remember those driving around parking lots for 30 minutes just to save 5 minutes of walking?
6. Sense of Urgency. Successful entrepreneurs are usually out of time. Presented with a task, they seek the most efficient, fastest path to complete it and move on, keeping an eye on a big picture. Regular people tend to dwell on minor details and get stuck in the woods.
7. Crossing the tightrope without a net. This is not to say successful entrepreneurs don't perceive risk, or that they take inordinate amounts of risk.  Or that they don't worry all the time they won't make payroll, or will fail, or not make it.  Not at all.  They see all of this.  In fact, in my experience at least, they are highly risk averse where they see risk they cannot overcome.

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8. They get shit done. They don't just come up with ideas and tell their friends and then slowly forget about them. They execute. 
9. They don't have a problem with uncertainty. What kind of health insurance will I have? What if the competition just copies my idea? How will I raise money? What if somebody already has a patent for this? These kinds of unanswered questions would cause most people not to create Facebook even if they were given a time machine and flown back to 2003. They don't bother successful entrepreneurs. They have confidence they'll be able to figure things out and they are at peace with the fact that what they are doing is inherently risky.

Success Thinking

How successful people think differently?

How Successful People Think Differently | Successful People Book from Akash Karia

World's Billionaires 2

Explore more visuals like this one on the web's largest information design community - Visually.

Worlds Billionaires

When do I ever be one of them.

Sorry Addicted2Success, I have to hotlink the image. Picasa just won't display the right resolution.
Also credit to Exceptional Villas.

Billionaire paths

Billionaire's career path to greatness

Via http://fundersandfounders.com/serial-entrepreneurs-how-to-pursue-multiple-opportunities

How to make your child a millionaire

Your child’s wealth can be your financial success story. If you have failed in your quest to become a millionaire, it doesn’t mean that your child should too. Time is on his side and all it takes is for you to start things rolling. Here, parents and financial practitioners relate how you can put your child on the millionaire’s path.

Tell them why

While many parents want their children to be wealthy, one fear they all have is that the little ones may grow up to be too materialistic. “There is nothing wrong in ‘being rich’. Teach your children the ‘concept’ of being wealthy, which is more important than being wealthy itself,” says C T Lim, senior partner of IPPFA Sdn Bhd, a Capital Markets Services Licence holder for financial planning with the Securities Commission.

“Explain to them the purpose of making good money. For example, I always explain to my three kids that although their mother is educated and we can afford to hire a servant, she chooses to devote all her time to their needs; and for this to happen, I have be the sole breadwinner of the family.”

Tell your child that money is not evil but it is an enabler, says Brandon Liew, CEO of Moneytree (M) Sdn Bhd, a company that coaches children and youth about money, investing and entrepreneurship.

“Make it clear that money is not everything, but almost everything needs money. Once you have set the right foundation and the values are in place, it is unlikely that your children will pursue material things.”

Create opportunities for them to earn

A million-ringgit gift to your child may sound impossible. But it is very much within reach, says Ong Shi Jie, head of wealth management of OCBC Bank (M) Bhd. “A monthly contribution of about RM300, made diligently from the time your child is born until he turns 18, and then left untouched until his retirement at 55, will hit the million-ringgit mark [assuming returns of 6% pa].”

But, is “giving” the right way to help your children? Ong takes a leaf from personal finance book, The Millionaire Next Door, in which Thomas J Stanley and William D Danko show readers how to become millionaires: “Built on years of research, it profiles people who have already become millionaires. Their research indicates that most millionaires were supported financially by their parents and ‘the more dollars adult children receive from their parents, the fewer they accumulate, while those who are given fewer dollars, accumulate more’,” says Ong.

However, don’t give them the money without asking them to do anything. “Or else, the level of appreciation is nominal. You don’t want your child to have the perception that ‘no matter what, I will have my mum/dad to fall back on to help me out,” says Liew. “Create opportunities for your child to earn the money.

The plans can be tied to their academic achievements or other milestones. When you make them earn the money, the level of responsibility is far higher. This gives them a clear mindset that they have to ‘do something’ to achieve the million-ringgit goal.”

Teach them millionaire habits

Planning financially for your children is not sufficient, you need to teach them some financial ground rules. “they also need to be equipped with the skills to save and grow the money,” says Liew. “Instil the knowledge and money habits so that they can responsibly handle any money you hand over. This will also give you peace of mind.”

It helps to understand the habits of millionaires and inculcate them in your children. “Teach them simplicity and frugality,” says Lim. “The focus should be how to manage money as a limited resource.”

25 Entrepreneurs advice

25 entrepreneurs advises us on starting/founding.

25 Entrepreneurs Tell What They Wished They’d Known before Founding Their First Startup from Rejoiner

Books

I sometimes read the following. Not necessarily in order. Not necessarily finished.

1- Zero to Zillionaire - Chellie Campbell
2- Why we want you to be rich - Robert Kiyosaki, Donald Trump
3- 365 Stories to make you rich - Chellie Campbell
4- The Only Leadership Book You Ever Need - Stark & Flaherty
5- CEO Priorities - Neil Giarrattana
6- What they teach you at Harvard Business School - Philip Delves Broughton
7- Awaken the giant within - Anthony Robbins
8- The Path to Power and Transformation - John Mcgrail
9- The Millionaire Next Door
10- The Lazy Millionaire - Marc Fisher
11- The Success Principles - Jack Canfield
12- The Richest Man in Babylon
13- Secrets of the Millionaire Mind - T Harv Eker
14- Cashflow Quadrant - Robert Kiyosaki
15- How to get from where you are to where you want to be - Jack Canfield
16- 7 Habits of Highly Effective People - Stephen Covey
17- Think and Grow Rich - Napoleon Hill
18- Think Your Way To Wealth - Napoleon Hill
19- 7 Habits of Highly Effective Families - Stephen Covey
20- 10 Day MBA
21- Syed Mokhtar Albukhary - Biography
22- I Love Stocks - Pauline Yong
23- I Love Financial Planning - Pauline Yong
24- The Personal MBA
25- The Education of Millionaires
26- Delivering Happiness - Tony Hsieh
27- Choose Yourself! - James Altucher
28- The Secret

And numerous eBooks.