Their first billion dollars...
How long did it take them to make their first billion?
- Henry Ford, 23 years
- Sam Walton, 20 years
- Bill Gates, 12 years
- Jeff Bezos, 3 years
Source: Future Living, by Frank Feather
It's interesting to note that they all used a system* to build their fortune (assembly line system, logistics system, computer operating system, e-commerce system).
It's also interesting to note that what they were selling got smaller and smaller -- from cars to consumer products to software CDs to pure bits and electrons (Amazon doesn't sell anything, it's just a Web interface for conducting e-commerce).
* Robert Allen coined the acronym S.Y.S.T.E.M., meaning Save Your Self Time, Energy & Money.
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