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The Gateway to Success: How Omidyar Became an Overnight Billionaire

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The Gateway to Success: How Omidyar Became an Overnight Billionaire

“When you look at the accomplishments of accomplished people and you say, ‘Boy, that must have been really hard,’…that was probably hard,” says Omidyar. “And conversely, when you look at something that looks easy, that was probably hard. And so you’re never going to know which is which until you actually go out and do it.” Whether Omidyar’s accomplishments look easy or not, they are undoubtedly significant, having not only revolutionized the way people do business, but making a multi-billion dollar fortune along the way. How did he do it?

Confidence: Omidyar was a risk taker, and he believed in himself enough to follow through on his gambles. He quit his day job to put all his energy behind an idea that most people thought could never work. Others might have doubted his vision, but he refused to give up. Omidyar remained committed to his goals and knew he had what it takes to see them through.

Passion: “I want people to be entrepreneurs,” says Omidyar, “but I want them to do it for the right reasons, because they think they can change the world, because they think they have got something of value to give to the world. Not because they think they can make a lot of money.” From day one, Omidyar knew he had a passion for computers and nothing was going to stand in his way from that pursuit.

Principles: “Fundamentally, everything we do in human activities is related to trade and there’s something, I think, that’s wired in human beings that drives us to commerce,” says Omidyar. “But you know, so very, very quickly, I learned that it was actually the human element that was really driving it more than the commerce.” Omidyar’s insistence on creating a community based on the principle of respect supported the building of trustworthy relationships, and thus further fueled his success.

Preparation: “You can’t predict growth and success – no one in their right mind would predict 30 percent monthly growth for another year every year,” says Omidyar. Indeed, no one, not even Omidyar himself, could have predicted the rapid growth eBay experienced in its first few years. Nevertheless, he positioned his company in such a way that it would be able to seize whatever opportunities came its way.

Determination: “Be an enzyme – a catalyst for change,” suggests Omidyar. “As a slogan, I don’t know if that’s ever going to be right up there with ‘Ich Bin Ein Berliner’, or ‘I Have A Dream,’ but there’s a lot of truth to it.” Through the ups and downs, the service disruptions and the disbelievers, Omidyar remained committed to making his company a success.

Omidyar grew up in a technological world that was primarily concerned with building software packages. Today, in a more interactive world of global communication, he notes that entrepreneurs have abundant opportunities in front of them. “I think it is exciting to see what kinds of ideas they will come up with, things the world has never seen before,” says Omidyar. “That is what I’m waiting for.”





The Gateway to Success How Omidyar Became an Overnight Billionaire

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Dianne Crampton

Dianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here.

Dianne's contribution to the 2010 Pfeiffer Consulting Journal (an imprint of John Wiley and Sons Publishers) entitled TIGERS Hearted Teams is available in November 2009.  Her new book TIGERS Among Us: 5 Winning Business Team Cultures And Why, Three Creeks Publishing will release in March 2010.  To receive publishing discounts, subscribe to the free TigerTracks Newsletter here.

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Leanne Hoagland-Smith
Are your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website

Linda Richardson
Linda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website


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