How Billionaires Are Different From Millionaires | Ep. #502

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Marketing, Business, Careers

4.6 • 1.4K Ratings

🗓️ 15 December 2017

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode #502, Eric and Neil talk about what makes billionaires different from millionaires. Tune in to hear about the attitude and outlook that drive these successful people. Time-Stamped Show Notes: [00:27] Today’s topic: How Billionaires Are Different From Millionaires [00:35] Eric shares his experience speaking with billionaire, Naveen Jain. [00:59] Based on his encounter, he believes billionaires are more hands-on, think bigger, and respond more quickly to calls and emails. [01:38] Neil thinks billionaires are really big on solving problems. [02:31] Eric uses AirBnb as an example of being a company based on problem solving. [02:54] Uber is another example of a company that made money solving a basic problem. [03:26] Jeff Bezos has been quoted as saying, “Your margin is my opportunity.” [04:05] Billionaires are billionaires because they think “big”. [04:20] Money indicates how much value someone brings at the end of the day. [04:37] Billionaires don’t know when to quit; never say die. [05:02] Elon Musk’s ex-wife says billionaires are like trying to fit a square peg in a round hole. [05:33] Warren Buffet is the final example of a archetypal billionaire. [06:14] That’s all for today! [06:18] Eric and Neil recommend the Problem Solvers podcast, because there is an episode about Burrow, the Dollar Shave Club for couches. To listen go to singlegrain.com/solve. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Get ready for your daily dose of marketing strategies and tactics from
0:06.8	entrepreneurs with the guile and experience to help you find success in any
0:11.4	marketing capacity. You're listening to marketing school with
0:14.9	your instructors Neil Patel and Eric Sue.
0:18.6	All right guys before we start we got a special message from our sponsor.
0:27.0	If you want to rank higher on Google, you got to look at your page speed time.
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0:38.5	site for low time. And one easy way to do it is use the host that Eric and I use dream
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0:49.3	great way to improve your load time.
0:51.6	Welcome to another episode of Marketing School.
0:55.0	I'm Erratu.
0:57.0	And I'm Neil Patel.
0:58.0	And today we're going to talk about how billionaires are different from millionaires.
1:02.0	So there's a pretty recent experience I can share
1:04.8	when I was at a collision conference a couple months ago and I met this billionaire
1:09.4	his name is Naveen Jane I actually had him on the Growth Everywhere podcast as well. But here's what I noticed.
1:15.2	When I spoke with him at the conference, he's like, here, let's talk, you know, and he gave me his phone number, right?
1:19.7	And what's interesting is when I called him, he instantly picked up the phone.
1:24.1	There was basically no ring, right?
1:25.5	And I've done this a couple of times with him.
	...

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