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For Musk, it wassustainable transport and energy.
For Bezos, it was simplifying how people shop.
At my companies, we focused on solving supply chain inefficiencies and making customer engagement more efficient.
If you build something that enough people really need, growth can be rapid, he said.
First, solve a problem that matters to a huge number of people, he said.
Growth came fast because so many businesses needed solutions.
Ive studied how billionaires like Musk and Bezos shaped industries by solving problems at scale, Blain said.
Musk tackledsustainable energy and transport, Bezos simplified shopping.
At [my company], we identified how to minimize tax liability and maximize wealth through proactive planning.
By solving a need affecting huge markets, the growth can be fast, Blain noted.
The key is building something truly meaningful that enough people really need, he said.
Klesinger agreed, noting thatBezos and Muskalso targeted enormous markets ripe for innovation.
If you build something many truly need, scaling is easy, he said.
Think Long Term
Another key lesson, according to Gollu, is to think long term.
Billionaires shape industries over decades, not quarters.
They invest inambitious, risky ideasand have tremendous perseverance, he said.
It took us over 10 years to become the leader in yard management software.
Had we only thought short-term, we would have missed the opportunity.
You have to be willing to lose money for years to ultimately win big.
He explained that it took years of dedication to become a leader in holistic financial planning.
Musk and Bezos built teams of brilliant engineers, scientists and operators.
With the right team, you’re able to accomplish 10 times what you ever could alone.
Klesinger shared this belief and learned to hire people far smarter in certain areas.
Musk and Bezos built all-star teams to accomplish the impossible.
Blain has done the same.
Ive also learned to hire people far smarter than me, he said.
My co-founders and team were brilliant in ways I wasnt as engineers, CPAs, attorneys.
Together, we provided integrated solutions I never could have alone.
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