HOW TO MANAGE A COMPANY LIKE A BILLIONAIRE

Manging a company

Apart from having a great idea building a big company is dependent on managing your team effectively. first of all you will start of by hiring the best team to get you from zero to the biggest name in the business. once that is executed then the challenge of motivating the team to give their best becomes the next strategy.
Big companies like Amazon and Tesla have been so successful because they adopt this kind of strategy into their system.
these people rely on personal excellence and are explorers in nature. as far as i know. No one supported Elon Musk idea of statrting his spaceX and building Rocket. what am trying to pinpoint here is great entrepreneurs surround themselves with those who possess great talent so they can together push themselves into greatness.
the use of surrounding yourself with other great minds is the ability for them to motivate you even when you are weak.
These men who became successful in building big companies and co-operation learned most of the thing by themselves. here is how they started.
They started the whole journey from zero. went through all the difficulties and challange and passed through the learning curves of failures.
They didnt just arrive where you find them today. it is as a result of decade to effort and dedication to hard work. this long time experience enabled them to be able to manage their companies effectively.
and when they become Billionaires they don't have the problem of managing their company. at this point they set vision and listen because they have long past the point where they would have to worry over their daily activities.
Millionaires have this problem much more accurately than billionaires. A millionaire needs to be presently active and good at figuring out where there are loop holes.

Here is what millionaires who become billionaires do to learn how to managae their business more effectively.

1. They hire more experienced people than them where they know they are weak at
2. They read as much as they can so they can no what they dont know.
3. They hire consultant on a one off basis to aggregate insight for them.
4. They talk to everyone and capitialize on every reasonable ideas unleashed.

Millionaires who do not become billionaires do the opposite.
1. They hire people who agree to their opinion all the time. generally where there is an argument there is generally great idea unleashed. but this millionaires do not follow this part. they simply accept those who just agree with them and ona long run there is no more great idea generated.

2. They hire less experienced people and train them to be one of them. the truth is no matter ho great you are if you do not attach yourself to those greatr than you. then it means you may not be better than you are.
these people hire the less experienced people and teach them and they do not really advance their own learning.

3. They do not hire consultant: hiring a consultant is really important in business because it takes your business to the next level knowing fully well that he or she the consultant knows better than you know so its logical to say their knowledge will be of great impact to your organisation.