Let’s face it, each of us have dreams of becoming rich or wealthy one day. Achieving a few millions seem daunting enough and out of reach but try to imagine what it would be like to be a billionaire. Not everyone can aspire to be one as it takes a unique person to become one.

Do you have what it takes to be a billionaire?

Below is a set of questions developed by top psychologists Debra Condren, David Ballard and Joan Kane to assess your ability to reach that high.

1. “Can you tolerate and manage ambiguity?”
An aspiring billionaire can see through a maze of information or data and does not get confuse easily. He is able to see a successful venture when others run away from the idea.

2. “Can you deal with isolation?”
It can be a lonely place at the top. Of course there are lots of people who want to be your friend. An aspiring billionaire knows how to differentiate a true friend from the fake ones.

3. “Why go big at all?”
An aspiring billionaire has goals especially long term ones and has charted out a road map to reach them.

4. “Can you see around the corners?”
An aspiring billionaire can transform an existing industry and create a brand new one. For example, Bill Gates and Sam Walton who go beyond ordinary and achieve unbelievable heights in their respective lives.

5. “Do you prize independence?”
If you answer yes, that would have been your motivation to start your own business, striking out fearlessly. You are your own boss. Later on however, when your business empire has grown, you have to deal with a group of people like the board members and investors.

6. “Do you have the guts to double-down?”
Not everyone has a strong character and is tough enough to weather all the problems and tackle the hurdles of going out to build a great business. Even with massive risks, an aspiring billionaire has what it takes to tackle any obstacles and come out a winner at the end.

7. “Are you willing to make tough decisions for the growth of the company?”
Being the leader or the boss means making difficult decisions that protect your business or company. For example, replacing or firing staff or workers that do not contribute to your goal, even if the staff concern is your best friend or relative.

8. “Do you like speaking in public?”
Any business will gain from massive public exposure. This may come from having meetings with various groups of people like your staff, shareholders and customers, attending a public function or giving a television interview.

9. “Are you a consensus builder?”
An aspiring billionaire must have the talent to garner the consensus of the people around him to support him. It is not suppose to be a one-man-show only. Also, it is not suppose to be the kiss of death for the person who goes against or disagree with your idea.

10. “Can you delegate?”
An aspiring billionaire is smart enough to delegate parts of the work to others, while overseeing the whole business successfully.

11. “Are you inspired by creativity or more process-oriented?”
There is nothing wrong with being creative. However, an aspiring billionaire must know how to implement the ideas and work systematically to make them successful.

12. “If you say you need it on your desk by 9 am, will it get done?”
An aspiring billionaire has to be somewhat strict which is to be expected from a leader of a big company. He must have some level of respect from his employees even if it means sacrificing a bit of friendship or goodwill in the process.

13. “Can you work on Christmas?”
An aspiring billionaire is willing to make sacrifices to reach his goal even if it means missing out on important family occasions.

The person who fulfills all of the above is not contented in achieving a 7-9 figure net worth only. This person is shooting for the stars aiming for a 10 figure net worth and the billionaire status.

Reference source: www.forbes.com

Read other articles by Jacquelyn at WParent.com on parenting matters and Tips4Everyone.com on solving marriage problems.

This article is posted at: KCLau's Money Tips

Dream Big, Be a Billionaire