actually going to look at a practical way to become a billionaire.

其實要看看成為億萬富翁的實用方法。

But to answer our question, we have to figure out what do all billionaires have in common.

但要回答我們的問題，我們必須弄清楚所有億萬富翁的共同點是什麼。

They have built monopolies in their respective industries.

他們在各自的行業中建立了壟斷。

The process of making a monopoly is pretty much the same in every industry,

每個行業做壟斷的過程都是差不多的。

So, today we will take a look on how to build a monopoly!

那麼，今天我們就一起來看看如何打造專賣吧!

Of course, you probably won't be able to monopolize the gasoline market as John Rockefeller did

當然，你可能無法像約翰-洛克菲勒那樣壟斷汽油市場。

over a hundred years ago, because the competition is fierce, and competing against nations with

一百多年前，因為競爭激烈，與各國競爭，有了

more oil reserves is a recipe for disaster.

更多的石油儲備是一個災難的配方。

However, if you careful build your way up, you might stand a chance to monopolize at

但是，如果你小心翼翼地建立你的方式，你可能有機會壟斷於

least a niche in any other industry.

至少是其他行業中的一個利基。

Competition is good for customers, but it sucks for businesses.

競爭對客戶來說是好事，但對企業來說是壞事。

For example, ford had a revenue of 156 billion dollars in 2017, but its net income was only

例如，福特在2017年的營收為1560億美元，但其淨收入只有

7.6 billion, while facebook who has monopolized social media made over twice that amount (15.6

76億，而壟斷了社交媒體的facebook則賺了兩倍多（15.6）。

billion) with a significantly smaller revenue 40.6 billion dollars.

億），營收大幅減少40．

Wait for a second, aren't monopolies are illegal?

等等，壟斷不是違法嗎？

Yes, they are.

是的，他們是。

But You have to be a fool to appear like you are a monopoly.

但你要像個傻子一樣，才會顯得你是個壟斷者。

A good strategy would be to acquire your competitors silently as if you have nothing to do with

一個好的策略是，默默地收購你的競爭對手，好像你與他們沒有任何關係。

them or get into different industries as if you a tiny fish in a vast ocean.

他們或進入不同的行業，猶如茫茫大海中的一條小魚。

We all know Amazon as an online retailer, but behind the scenes, it has purchased over

我們都知道亞馬遜是一家在線零售商，但在幕後，它已經購買了超過。

70 other companies that you never heard of, they appear like they are competing in entirely

70其他公司，你從來沒有聽說過，他們看起來像他們的競爭在完全。

different industries, but they all serve amazon 's objective for world dominance.

不同的行業，但他們都服務於亞馬遜的目標為世界主導地位。

If no one can give you a small loan of a million dollar, don't worry, to build a monopoly,

如果沒有人能夠給你100萬的小額貸款，不用擔心，建立壟斷。

it's better to start small.

從小事做起

You don't want to think big, Your job is to dominate a small tiny niche where everyone

你不要想得太多，你的工作是在一個很小的利基市場上佔據主導地位，在那裡，每個人都能找到自己的位置。

would come to you for that.

會來找你的。

If you merely improve an existing product or service, your neighbors will duplicate

如果你僅僅是改進了現有的產品或服務，你的鄰居們就會重蹈覆轍

that the next day, so that won't work unless you significantly improve the quality and

所以，除非你顯著提高質量，並在第二天，這將不會工作。

lower your prices such as standard oil.

降低你的價格，如標準油。

So, your best option is to provide a solution to a problem that people aren't even aware

所以，你最好的選擇是提供一個人們根本不知道的問題的解決方案

of.

的：

For example, We were perfectly fine before the existence of youtube, but today its an

比如說，在youtube存在之前，我們是完全沒有問題的，但今天它是一個。

essential part of our life.

我們生活中必不可少的一部分。

When Amazon started, they didn't aim to sell everything to everyone online but focused

當亞馬遜開始的時候，他們的目標並不是把所有東西都賣給網上的所有人，而是專注於

on shipping books.

在運輸書籍上。

Once the idea proved itself, they began selling a bunch of other things.

一旦這個想法被證明了，他們就開始賣一堆其他東西。

However, you have to keep in mind that your idea should be scalable since the beginning.

然而，你必須記住，你的想法從一開始就應該是可擴展的。

If your business won't get stronger as it grows bigger, you re doomed to fail.

如果你的企業不會隨著規模的擴大而變得更加強大，你就註定要失敗。

For example, for a wallmart to get new customers, they will have to spend millions to build

例如，為了獲得新的客戶，牆面超市將不得不花費數百萬美元來建立。

another store but for Amazon, it costs almost nothing, and a new customer is simply few

另一家店，但對於亞馬遜來說，幾乎不需要什麼成本，一個新客戶根本就是幾

clicks away.

的點擊率。

And that's the case with every other monopoly that exists (google, facebook, ber).

而其他所有存在的壟斷企業（google、facebook、ber）都是如此。

They only get stronger and efficient as their number of users grow.

隨著用戶數量的增長，它們只會變得更強大、更高效。

Their power lies on their scalability because that's what prevents new competitors to take

他們的力量在於他們的可擴展性，因為這可以防止新的競爭者採取

over them.

在他們身上。

However, Becoming a monopoly isn't as difficult as staying a monopoly.

然而，成為壟斷並不像保持壟斷那樣困難。

Many have conquered industries and rose to the top, but lost their innovative spirit

很多人征服了行業，登上了巔峰，卻失去了創新精神。

along the way, so were brought down by new rivals.

一路走來，所以被新的對手打倒。

That's why you should acquire your potential competitors while they are still small like

這就是為什麼你應該在你的潛在競爭對手還很小的時候收購他們，比如說

facebook does.

facebook的做法。

Instagram had all the chances to break Facebook's monopoly, but Facebook gave them an offer,

Instagram有所有的機會打破Facebook的壟斷，但Facebook給了他們一個提議。

they couldn't refuse.

他們無法拒絕。

The same thing happened to WhatsApp and messenger.

同樣的事情也發生在WhatsApp和Messenger身上。

In case, if your competitors aren't willing to work with you, you should shut them down

如果你的競爭對手不願意和你合作，你就應該把他們關掉

while you still can.

趁你還能。

Otherwise, your downfall might be on a horizon.

否則，你的下場可能就在眼前。

When snapshot refused facebook's offer, Facebook turned Instagram into a snapshot

當snapshot拒絕facebook的提議時，Facebook把Instagram變成了snapshot。

killer, and its valuation is falling ever since.

殺手，此後其估值不斷下降。

John Rockefeller would invite his competitors and show them his books so that they could

約翰-洛克菲勒會邀請他的競爭對手，並向他們展示他的賬本，這樣他們就可以

see he can operate longer at a loss than they can survive and then make them an offer they

看到他能在虧損的情況下經營的時間比他們能生存的時間長，然後向他們開出一個他們能接受的條件

will have to accept.

將不得不接受。

With these 3 rules in your mind, you can start your journey of building a monopoly.

心中有了這3條規則，你就可以開始你的造壟斷之旅了。

So, which industry would you, let me know in the comments below.

那麼，你會哪個行業呢，在下面的評論中告訴我吧。

Let's see who has the best idea.

讓我們看看誰的主意最好。

And that's it for this video, give this video a huge like if you have enjoyed this video

這就是這個視頻，給這個視頻一個巨大的喜歡，如果你喜歡這個視頻。

and if you want the next video to appear on your homepage, then subscribe and turn on

如果您希望下一個視頻出現在您的主頁上，那麼請訂閱並打開

your notification.

你的通知。

Thanks for watching and I will catch you in the next one.

謝謝你的觀看，下期再見。