This is the face of the world’s youngest self-made female billionaire, Whitney Wolfe, age 31 (Founder/CEO of Bumble). It’s clear that becoming a billionaire is more accessible than ever before. Perhaps because we are full swing into the information era, knowledge is accessible, and gatekeepers have more difficulty blocking the way. Maybe it’s because more people are online than ever before, allowing businesses to reach more customers. Whatever the case is, not everyone will be a billionaire, but it sure seems that anyone with basic education and internet access can be if they really want it. I’ve been scrolling through the internet, listening to talks and speeches by several billionaires, from Naveen Jain to Chamath Palihapitiya. Here are six lessons I learned from them:

1. solve one billion people’s problem

A millionaire will tell you to solve a million people’s problem; being a billionaire is all about scaling from millionaire mindsets.

In the case of Whitney Wolfe, she saw a problem; most women don’t approach men. Women often settle for guys that choose them. Then came culture-shifting Bumble, an app that makes women approach men. Now, how is Ms. Wolfe solving a billion people’s problem? Well, there are 4.66 billion people online, and half of them are likely women.

2. Be customer-centric

This is a lesson from the world’s second-richest man, Jeff Bezos. He credits customer centricity as the key to Amazon’s success.

Another billionaire, Naveen Jain went into more depth on the topic in a Clubhouse room. He said, “focus on your first customer, serve their needs and wants. They will put you on the path to your one billionth customer.”

3. Solve the world’s hardest problems 

This is another lesson from Naveen Jain and Chamath Palihapitiya. If it’s easy to solve, chances are anyone can do it. The harder it is, the fewer people that want to solve it. There lies your golden opportunity. After all, no one said becoming a billionaire would be easy.

4. Don’t focus on the symptoms; find the root cause and solve that 

While this is very similar to the last point, it dives a lot deeper. You see, attention to detail is essential in the billionaire realm. It could make or break that billion. Words matter. So how do you find the world’s hardest problems? By researching the root cause and diving deep into that. Climate change, world hunger, water scarcity are the problems of billions. Those who seek to solve issues like that are on the right track. Ask yourself, is my business Tylenol? Is it a bandaid? or is it a real cure?

5. Never chase money; focus on creating value

While a lot of the world perceive billionaires as selfish, considering that the self-made ones solve the world’s hardest problems and improve the lives of billions, it appears they are more selfless than most give them credit for. After all, if someone is solving your most challenging issues, don’t you think they deserve to be compensated substantially?

6. Get your money! You can’t change the world without it

While this seems to contradict the last point, there’s a huge difference between chasing money and ensuring you secure the bag. When you chase money, your life’s purpose is about making money. But when you secure the bag, you’re simply ensuring that you are paid for your products and services. Learn the difference, because it’s huge.

I hope this inspires you to go out and make that bread! While not everyone aspires to be a billionaire or can even muster up the work ethic to get there, these are great lessons even the aspiring millionaire can learn.

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