This text is based on an article on Entrepreneur.com.
Continuous development and education
What all three of the American billionaires mentioned have in common is that they are constantly educating themselves and staying interested in new trends. They know that being the first at something or the first to take advantage of new modern technology is the difference between success and failure. Gates, for example, reads around 50 books a day, Bezos emphasises learning from wins and losses, and Zuckerberg challenges himself every year with new skills he intends to learn.
Focusing on long-term results and long-term planning
Entrepreneurs, managers and workers who focus only on the short-term outlook and short-term planning will ultimately only be short-term successful. Truly successful entrepreneurs plan for the long term and take a long-term view. They build their businesses in a sustainable way, with a view to all possible circumstances that may arise in the future.
Data-driven decision making
Bill Gates is known for using statistics and hard data not only in running his businesses, but also in managing his many charitable projects. The other two entrepreneurs mentioned have a similar approach. Making decisions based not on feelings and assumptions, but instead measurable metrics and data, allows for more accurate and better decisions. It also enables you to stay one step ahead of your competitors, who often make decisions based on non-exact data.
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