Goddys:
The fact is that it is extremely hard. You need to have a unique business idea that can solve problem of humanity like discovering of coronavirus vaccine and selling it to top pharmaceutical company or a robot that can give one the type of hairstyle one desires. Even billionaires have a haircut and if there's such, it can sell

If you have a huge inheritance, it is also possible through hedge fund and buying of certain stock by predicting their volatility if you have an insider information before you invest in a stock but it is a crime.

You need a special grace from God too.

phr33man:
I strongly believe one can become whatever he wants to become irrespective of the odds around.

If people are still becoming millionaire from zero with these odds, nothing stops them to become billionaires than themselves. Though, it's not that easy. You just to repeat what you did from zero to millionaire but harder with God's favour, you are there. It's easier for youths who are into entertainment,sports , IT(you just need that unique idea to break even). Other businesses may strive to get to this point these days sha. But with the right innovative continuously growing idea(from God) and good strategy of execution, you are there.


Cobhams Sef acknowledge God for him song " Give me one hit song).

naijacutee:
The reason there aren't too many billionnaires is that people who have broken into that level of earning have a completely different mindset.

Nobody will make that sort of money copying others or doing the same things others are doing. That kind of money is made by networking (not just networking to beg, but networking to be of value to billionaires).

grandstar:
Oga, there are far more important things than becoming a billionaire. Money isn't everything.

Yes, it's possible to become a billionaire with nothing as the highly paid oil guy showed you.

Haim Saban, an Israeli billionaire were so poor growing that they shared a house with prostitutes. For most billionaires from wretched backgrounds, white collar jobs were usually the foundation their wealth was founded on. I'm talking of those from wretched backgrounds.

Some like the Domino's pizza guy who partly grew up in an orphanage with his brother because at a time, his single mum couldn't afford to take care of them, did not follow that route. He and his brother got some capital and just started the business.

Before long, his brother lost interest and he bought the brother out. He later started franchising the restaurant and soon had thousands of restaurants worldwide. He later sold the company for $1b

Today, at least in Nigeria, if no white collar work is forthcoming, your laptop can be your starting point. There are freelancers here who make half a million or more on Fiverr and Upwork monthly.

The only problem is scaling. You may find it difficult scaling the business because it is mostly sweat equity. You'll need to add more and more hours. If it takes you 10 hours a day to make half a million, how many hours to make 5m? 100 hours. Can you work 100 hours a day?

ModestGal:
Hey Nairalanders, kindly share your thoughts

Is it possible for someone to become a billionaire, someone from no where, not from a rich family, with no one to help?

Some people would say, why aiming to be a billionaire? There's this math, I used while in school, if you aim for an A, you will either end in an A or a B. You might be our next billionaire, aim HIGH

Can an individual later on in his/her life achieve this status through consistent hardworking/smart working?
Or is it only through LUCK that the individual can become one, all these Nigerian billionaires didn't start from a rich family.

Please, don't compare with white people because I know they already have an enabling environment once they are diligent, focused and smart working.
I'm talking about a typical Nigerian youth, from a poor/average home.
I know some billionaires from wretched homes that became one, but he was oppurtuned to get a job with NNPC or oil company, and from there he started having his oil mining whatever.

In this 21st century, can a youth realize that dream legally?

I'm a motivator, and sometimes I feel I could tell myself & some people that, we should forget becoming a billionaire, or when I see people Praying to become a billionaire. Sometimes, teenagers that I guide will jokingly call themselves ''billionaire squad'', and tell me, AUNTY, my money will shock you. I do observe little children when they are playing, they are often saying, when I become a billionaire

My fellow Nairalanders, do these people have hope? Is it only through luck? Are they limited to becoming millionaires or thousandnair, hundrednaire alone? Please share your thought and give examples, if you are also a billionaire/millionaire, share with us what you think of yourself before becoming one, were you always with the thought that, surely, I would be a millionaire, or you never thought of becoming one and it just happened.
If you are a NOTHING now, do you think you have the chance of becoming a billionaire? What are the steps you are taking towards this


For the purpose of viewers, I'm going to extract the best comments and put it up here for others to read and learn

God bless viewers, God bless sharers, God bless you

ModestGal:

Your cohesion isn't clear bros. Are you saying its not possible or saying its possible.

kflex0:
investment, buying softwares which doubles your bitcoin hourly.

ModestGal:

Its not for my sake only, its for the sake of readers

Javalist:
The thing is, only people who are really billionaires will tell you how to become one.

Unfortunately, no billionaire will waste their time surfing a thread on Nairaland because they're at the other end busy accumulating more money.

Efe94:
Accumulation of assets that produces income and whose prices appreciates, especially in down times. E.g

Stocks
Bonds
Indexes
Cryto
Gold
Real Estate
Patents
Bills etc

And keep reinvesting.

The eight wonder of the world "compound interest" will also work in your favor.

kflex0:
investment, buying softwares which doubles your bitcoin hourly.

DoubleEngine007:
Talent! If its business,education, entertainment,sports.. In fact just be the best at what you like doing.. Do what people in that field hasn't done before.. But,the truth is, E NO EASY O.. I repeat, E NO EASY O ..

Who no go no know..cux If say e easy,i for dey England dey play for one big team since ..

In Teni's voice.. I wanna be a billionaire.. Billionaire arrh arrh...

Goddys:
The fact is that it is extremely hard. You need to have a unique business idea that can solve problem of humanity like discovering of coronavirus vaccine and selling it to top pharmaceutical company or a robot that can give one the type of hairstyle one desires. Even billionaires have a haircut and if there's such, it can sell

If you have a huge inheritance, it is also possible through hedge fund and buying of certain stock by predicting their volatility if you have an insider information before you invest in a stock but it is a crime.

You need a special grace from God too.

Lamb101:
I know a particular stock that will skyrocket. It was predicted by the man who predicted Trumps presidency even before trump became a politician. The man is late now. The stock is BB something... Has to do with metals

ModestGal:

What is that?

Lamb101:
I know a particular stock that will skyrocket. It was predicted by the man who predicted Trumps presidency even before trump became a politician. The man is late now. The stock is BB something... Has to do with metals

Goddys:


I am very sure you know nothing about prediction and spirituality. No future event is ever static in the astral realm. The most clear possible event has a likelihood of change..

Don't base your investment on that..Even if it works, the universe would take it back from you another way unless you have a strong force protecting your wealth. Google stories of people that won millions of dollar on lottery.

Everything is connected to everything else here. That's why karma is real or you contract with a force to help you clear your bad karma.

Lamb101:
hmmm i see that you are far from the holy spirit

Goddys:


I am a man of knowledge and wisdom. Is Holy spirit averse to knowledge and wisdom?

ModestGal:

What is that?

Lamb101:
his name is Kim Clement.
Check his prophecies on YouTube.

Lamb101:
his name is Kim Clement.
Check his prophecies on YouTube.

ModestGal:

I absolutely agree, networking is great, but do you think billionaires would want to network with a poor youth?

Lamb101:
1 Corinthians 3:19
For the wisdom of this world is foolishness with God.