Have you ever thought about a trillion dollars? It may sound unrealistic, but according to CNBC Bill Gates is going to make it a reality. That means others can do it too. How much exactly is a trillion dollars? I want to give you a little trillionaire math today and break it down so that you can see what it would take to make a trillion dollars in a year.
One Trillion Dollars Looks Like This —> $1,000,000,000,000
Earning 1 Trillion Dollars in a Year Looks Like This:
- $83,333,333,333 / month
- $19,230,769,230 / week
- $2,739,726,027 / day
- $114,155,251 / hour
- $1,902,587 / minute
- $31,709 / second
This isn’t millionaire math; this isn’t Powerball math… this is Bill Gates Trillionaire math. Whether you are talking about a trillion dollars, a billion dollars, or a mere million dollars, the math remains the same.
Before you hit the target, you must do the math.
For any goal to be achievable, you must believe it’s possible as a realistic and doable goal. The way to do this is simply by doing the math. It simplifies the objective.
Do the math to create possibility, then create strategy.
Wealth requires simple, basic math, and any wealthy person will tell you this. Getting to a million dollars or a trillion dollars is about numbers.
It’s time you look beyond the dumb advice of family, television pundits, blogs, get-rich articles, cute quotes on Instagram, and get your money right.
One of the things taught at the 1st Annual 10XGrowthCon this past weekend was from my friend Bobby Castro—a self-made man, an Ernst and Young Entrepreneur of the Year, and a hecta-millionaire. The one thing he focused on during his time on stage was about time and the value of it.
How much is your time worth?
Let’s say you work just a “typical” job where you work just 8 hours a day—that’s 480 minutes. If you take your weekends and holidays off like most people do, you’ll work about 252 days a year. That’s 120,960 minutes of work in a year. If you want a million dollars a year, you need to do the millionaire math:
$1,000,000 / 120,960 minutes = $8.27 a minute
Is time your obsession?
Bobby Castro has done the math and found his time is not worth $50 per hour, but $50 per minute.
How much time do you give away every day? TV, social media, sleeping, emails—the list goes on and on. Your minutes are non-refundable. Both Bobby and I know that you can always make more money, but time is limited. You can control time, and you must control it because time is your greatest currency.
How are you leveraging your time as an asset to multiply your results and revenue?
Ordinary people think of how to spend time. The greats think of how to maximize their time. You need to start waking up early, investing in yourself and writing your goals down so you can make the most of your days.
Remember that there is a difference between being busy and being productive. Time is either wasted or invested.
Whether you want to be a millionaire, billionaire, or trillionaire, do the math and then invest your time.