(First Published in July 12, 2018)
Kylie Jenner who turns 21 in August is set to be THE YOUNGEST SELF-MADE BILLIONAIRE in history.
She is set on this course because she has masterfully leveraged on fame without any known skill set. Economists have studied and still studying the economies of scale of fame. A lot of famous people in the past have not used fame effectively to line their pockets. But there’s a generations of ‘fame geniuses’ coming up that are leveraging on fame.
But FAME is the not aim of this post but the POWER OF AN IDEA. Though Kylie has no known skill set, she has a God given skill everyone on earth has - imagination!
“Kylie Cosmetics launched two years ago with a $29 "lip kit" consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it”. - culled from Forbes
A simple idea 💡 to breach a gap (a need) in the cosmetic industry created a simple product which has single handedly turned Kylie into a billionaire. A mere combination of a lipstick and lip liner as a set. THAT IS THE POWER OF AN IDEA. The simpler the idea, the easier it is for execution!
It time to act on those ideas, action is all that is required - not seasonal action, but consistent action. We usually start but we give up too easily when expectations are not met.
One of the keys to success is to have a health expectation and a extreme doggedness.
Expectation is a good ground for faith to breed; extreme doggedness never says die in the face of failure.
Are you still reading this????? Com’on get up on your feet and GO!
Watch out for my article on healthy fame. In case your mouth popped open????? Jesus remains the most famous person in the world for the past 3 millennia. So fame is amoral.
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See you at the next one!
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