Billionaire Success Secret - Share Your Vision To Achieve Your Goals

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Jack Welch, the former Chairman and CEO of General Electric said,

"Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion."

Bill Bartmann is certainly an individual who falls into this category. In the 1980s, he was facing bankruptcy. Even after liquidating all his assets was still over a million dollars in debt. So while experiencing a financial crisis he had a business idea which blossomed into a grand vision.

His vision was to revolutionize the debt collection industry by making a gentler, kinder, more sympathetic industry. But you don't achieve your goals far less a vision of this magnitude alone.

So he shared his vision with his wife and partner, Kathy. He shared his vision with the bank he already owed a million dollars and borrowed a further $13,000 to fuel his dream.

And he kept sharing his vision. Many laughed at him but he was undeterred and relentless. He knew:

"If you really want big, and big has 6, 7, 8, 9 zeros behind it, you're going to need a lot of help. And the only way people can help you is if they know what it is you're trying to accomplish and the only way they can know is if you tell them."

And so he continued to spread the word of what he wanted to accomplish. He steadily amassed a team of supporters and motivated a workforce that swelled to 3,900 people.

The company he founded, Commercial Financial Services (CFS), grew at an astounding rate 15,000% per year. The company won the Inc. 500 Award for being one of the fastest growing companies in America 4 years in a row. And over a period of 13 years CFS grew to a point where revenues were in excess of $1 billion and earnings were in excess of $182 million.

Impressive huh! But it wasn't just sentimentality that helped Bartmann to achieve such phenomenal growth in an industry that he really didn't know anything about and that from first glance seemed pretty much saturated. He had to apply shrewdness and dogged determination for his company to be such a success.

Also, if Bartmann had entered the debt collection business as just another debt collector he probably wouldn't even warrant a footnote. However, his aim was to create a completely new type of debt collection agency. And he literally created it from nothing but his passion and an idea because at the time he had nothing.

It just shows what goals you can achieve if you believe in yourself, dare to think big, take action and have the courage to share your vision. But your vision has to be big enough to excite and enthuse others. Don't waste time with puny plans when you can envision a grand design. But also remember that your vision needs to have some structure to it. People need to be able to see that what you propose can actually work and that you're the person to do it. As Daniel H Burnham said:

"Make no little plans; they have no magic to stir men's blood and probably themselves will not be realized. Make big plans; aim high in hope and work, remembering that a noble, logical diagram once recorded will not die."

And this is exactly what Bill Bartmann has accomplished. Although, a chain of events outside of his control swiftly destroyed the company he had so passionately created, the template for the business had been created for eternity. Thousands of people have benefited from his transformation of the debt collection industry and not just people who were in debt. By sharing his vision he breathed life into an entirely better way to manage the debt collection business and he achieved his vision and achieved billionaire success.

"Bill Bartmann has built a big business of bad debt. He also may have made bill collectors kinder and gentler. And on the way, he became one of the USA 's richest men. None of it would have happened if he hadn't gone broke."
USA Today


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