What do billionaires sell? or capitalizing on an idea

Super rich.

I have no intention to become one, I am too lazy for that as a philosophy student. Yet I am fascinated by the concept of these super rich billionaires as it comes often in my twitter feed. It's unavoidable. Just a few decades into the past we even did not hear the word 100 billion worth individuals. It was extremely difficult to accumulate such wealth in the past as the global free economy was not well established until the Internet became a sensation. Unless you are willing to risk your life conquering cities and robbing wealth it is impossible. Nowadays we are connected globally conceptually by the world wide Web. The contribution from each individual from this vast network is going to make billionaires overnight. For that matter, consider simple math. If all the eight billion people on earth contributed one dollar to a poor person, he would be among the richest people on the planet overnight. The problem is how to make people donate one dollar?

Super rich

This raises the question: What do modern billionaires sell? Can we do that by selling electric cars? Consumer products? How about a futuristic phone? Or a social media network? An addicting game? A super power pill? I saw a lady who vanished after making her super rich by selling crypto, which means stealing from people. But let's get facts straight. What do these billionaires sell? 

What do billionaires sell?

I can give you an idea. Let's look at some billionaires, obviously the ones who are known to everyone come from the land of dreams. Let's go down the order, Elon musk claims he sells electric cars. But I say otherwise. I say Elon sells a brand of "futuristic cars" that everyone is willing to and dream of buying, an idea. Some say his cyber truck looks like a brick. But I can still see proud owners on the road. It's the Tesla brand which sells. And investors want to put their money in. Similarly, his space X doesn't sell anything significant. Yet it has miraculously accumulated funds, billions of them. Just to be burnt on the space. And it seems absurd, and this proves what he sells is not a product. But an idea of a "multiplanetary consciousness". Remarkably people respond as we all are inclined to believe in something in our lives. One or the other. Even a kid's dream would be enough if it is iced enough for the monkey mind to believe. 

So let's look at some more examples. Let's look at Steve Jobs. His apple company does not sell the iPhone 16. An essential smart device which gets updated with the newest technology each year. So there would be no end to the number of iPhone as it's just an idea. Facebook sells nothing, but still accumulated a billion dollars worth as globally everyone uses it. Maybe they just get a small contribution from the amount of time you spend by paying for data. Can you see? You are just paying your one dollar indirectly by paying for your Internet service provider. 

Selling Ideas

Capitalizing on an idea 

At this point you may think what do Magical mindful living know about being a billionaire as it is about mindfulness and philosophy. I would agree. Maybe I am day dreaming. Maybe it's just an idea. Can I sell it?. But look at Mr Warren buffet tells about being rich. And that was the whole starting point for this article.

Once in an interview Mr Buffet said it is easier than ever today to become wealthy. You can just "capitalize on an idea". And this is exactly how these brands work in today's global market. It's not about the product anymore. It's about the brand and the belief of humans about the brand that matters. And you can sell anything once people believe in your brand. Maybe a prototype of a space X rocket would add a nice atmosphere into your living room. How about crypto currency? So my suggestion is if you are hoping to become an entrepreneur or a CEO, to put more focus on philosophy as it might harbour ways to be successful than any other subject.