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The one trait every billionaire has

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I’m Steve Sorensen, and I love reading and discussing business with friends and strangers. However, I must say that many of the people I converse with don’t really see the bigger picture. By bigger picture, I mean people don’t realize just how much the CEOs of the largest companies in the world go through to get where they are. Image Source: addicted2success.com Countless of today’s billionaires weren’t born billionaires. In fact, they went through years of frustration and anguish, failures and setbacks and heartbreaks, to be where they are now. For a lot of them, it was never about getting rich quick. While the Bill Gates and Jeff Bezos and Richard Bransons of the world all have different personalities and all have overcome different test and trials, they all did so because of one trait – persistence. Without persistence, no one would be successful. If you’re the type of person who bows out of an endeavor or a project because you believe it won’t be worth your effo...
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Online shopping: More lucrative than ever

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I’m business and investment strategy student, Steve Sorensen. I’ve studied how companies have boomed and the people behind the scenes. I’ve also seen how different eras featured different towering industries. In today’s world, no one can discount just how massive the online industry has become. From social media platforms to app markets, it just seems that online is the way to go. Image source: sinuatemedia.com One of the more obvious areas of the internet that’s becoming more lucrative than ever, is online shopping. Financial experts have estimated that by 2021, the growth rate of e-commerce will balloon to a whopping $4.5 trillion. No one can deny the convenience online shopping has to offer. A few swipes and taps has replaced walking in crowded malls all day, jostling for position for that last Gucci handbag, or having to deal with traffic going to these crowded malls. And with delivery services finding new ways to become more efficient than ever, online shopping...
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Huawei's new net worth after US ban

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Image source:  techradar.com Beginning in 2018, the US government has taken on a tougher stance on Huawei technologies, a Chinese telecommunications manufacturing company which has just recently overtaken Samsung as the biggest maker of phones in the world. Huawei technology had seemingly painted a target on its back thanks to reports from intelligence agencies that the company’s devices have backdoors for Chinese spies. This prompted US president Donald Trump to issue a ban on the company for national security according to Steven Sorensen Networth . Huawei had gained some breaks since the ban with the President Trump allowing some companies to continue selling commodities like chips to Huawei but the US government has since rescinded these exceptions. The company has suffered around $30 billion in 2019 and the company’s CFO has also been extradited to the US based on charges. Despite these setbacks, Huawei did not plummet but posted a $64.8 billion in profits on the strength ...
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