Friday 20 April 2012

Best Management Skills – What Skills Should I Learn To Be The Best Manager?


The best management skills are those skills that let a person avoid any crisis situations and mitigate the risk of failure. The development of the best management skills is a required task of every manager who wants to achieve success in his/her undertakings.
The best or core management skills become the foundation from which you can start developing more advanced practices in management and leadership. Even if you feel it’s too difficult to achieve some goal or solve some problem, often the reason behind your feeling is hidden in your poorly developed basic management skills. That’s why you should consider learning and developing your best management skills to succeed in managing your business, projects and life.
There are five successful management skills that turn to be the best management skills. Here are those skills for your consideration:

1.Problem Solving And Decision Making
One of the most important and core management skills of the best managers refers to solving problems and making right decisions. When you can resolve a problem in your firm, you can make the right decision, so that your employees will not be in conflict and resources of your firm (like money) will be allocated rationally, with no waste or overspending. You should develop the best management skills considering morale of your staff, work environment, workload and subordination in order to detect problems early and take balanced yet prompt decisions to solve the problems.

2.Planning
When you know how to solve problems and make right decisions, you can start planning activities and tasks of your employees. Planning is one of the best management skills. Planning refers to an ability of a person to organize an event or an activity considering available resources (like time, people and money). When that person can organize something within an amount of available resources, then most likely he/she have got the best management skills. To become a good manager, you should be ready to learn how  plan tasks and activities .

3.Delegation
Although delegation is not often considered to be one of the best management skills, you should note that it is one of the basic management skills required for better organization of employees. The idea of the delegation skill consists in allowing tasks of your employees to be re-assigned and re-allocated better considering current workload of the employees. When you know how to delegate tasks, you can avoid a lot of problems that might be caused by a lack of employees, time or money. By learning the best management skills, you can delegate duties and authorities painlessly, without wasting productivity and disorganizing your employees.

4.Internal Communications
The way how you communicate with your employee and how you and they share information with each other defines the success of internal communication. Being one of the best management skills, internal communication allows you and your employees to share knowledge as well as any information on tasks, processes, workflows, schedules, etc. in your firm. Often internal communication is considered one of the basic management skills because it is the foundation of collaboration and team building. When learning the best management skills, you should note that internal communications in your team can be achieved and maintained in case if conflicts between employees are solved and communication computer systems are implemented; otherwise, the team members are likely to interrupt smooth information flows and knowledge sharing.

5.Meeting Management
When you know how to organize a meeting with your employees, you can take control of leading the employees. The best management skills allow you to develop your ability to organize meetings by creating agendas, meeting schedules, todo lists and presentations. Your ability to share your knowledge will significantly depend on your skill to communicate with your colleagues at meetings.

Friday 2 March 2012

Standing Advisory Committee on Radio Frequency Allocations.


SACFA Full Form:  Standing Advisory Committee on Radio Frequency Allocations.
A High Level Committee, SET UP under the Ministry of Communications in the year 1966 after the dissolution of the Radio and Cable Board (RCB) is advisory in nature and the final responsibility for the decisions and related implementation rests with the GOVT.
Main & Broad Functions of SACFA
1.    To make recommendations on major frequency allocation problems requiring co-ordination amongst various wireless users in the Country.
2.    Siting clearance of all wireless Installations in the Country.
3.    Formulation of National Frequency Allocation Plan.
4.    Making recommendations on various issues related to International Telecommunication Union (ITU) and Asia Pacific Telecommunity (APT).
5.    To sort out the problems referred to the Committee by various wireless users.
6.    Demarcation of different cities into receiving and transmitting zones.
7.    Finalising Guidelines regarding provision of Day and Night Obstruction markings on radio masts /towers.
8.    Feasibility of sharing of an antenna mast by more than one wireless user.
9.    Discussion and seeking solution of Interference cases of special nature/cases of anomalous propagation intercepted by Monitoring Organisation.
10.  Review of frequencies authorised/licenses issued to various wireless users in the country.
11.  Infringement of Wireless operations intercepted by various Wireless monitoring stations and remedial measures taken by various wireless users.
12.  Evolution of special procedures for clearances of sites of certain services.
Procedures for siting clearance
1. Siting clearances are necessary for all static Wireless stations whether temporary or permanent, whether transmitting or receiving.
2. Siting clearances are not necessary for
  • All Wireless stations which are functionally mobile.
  • Stations in the Amateur service
3. Working arrangements
1.  The party desirous of applying site clearance shall apply in the prescribed form, depending upon the category of siting clearance to the concerned SACFA members.
2. SACFA members examine the applications according to their requirements and issues a No Objection certificate (NOC), to     Secretary SACFA.
3. Members carry out detailed technical evaluation, including field surveys, at times, if in need.
4. Technical evaluation is done primarily done for –
Ø  Aviation Hazards
Ø  Obstruction to line of sight of existing/planned networks
Ø  Interference (EMI/EMC) to existing/proposed networks.
5. Secretary SACFA issues the final clearance after getting NOC’s from all SACFA members

Different Siting Clearances
  • Restricted or Mast Height Clearances.
    • Site Clearance Exemption
    • Full siting Clearance
    • Additional Antenna Clearance.
Mast Height Clearance can be obtained for
Stations whose mast/tower height do not exceed 30 meters above ground level provided
1.    HF stations with power output 125 W or less
1.    VHF stations below 174 MHz with power output of 50 W or less except broadcast stations
2.    VHF stations in the band 174-230 MHz with an output    power upto 25 watts except broadcast stations
3.    Broadcast stations in the band 30-230 MHz with an output power upto 100 watts
4.    VHF/UHF stations below 608 MHz with a power output   upto 10 watts
Application for this type of clearance in form WPC-S1 are  to be forwarded to SACFA members.
Site Clearance Exemption is for
1.    Mast Height cases with following conditions are exempted from Mast Height clearances.
1.    Antenna mast installed on roof of a building.
2.    Mast height on roof top not more than 3 meters
3.    Site at least 3 Kms away from the nearest Airport.
Applications form WPC-S1 to be forwarded to   Secretary, SACFA for this category.
Full Site Clearance is required for
1.    HF Stations with Power Output more than 125 watts.
1.    VHF stations below 174 MHz with Power Output > 50 watts.
2.    Broadcasting Stations in the band 30-230 MHz with Power Output > 100 watts.
3.    UHF stations with Power Output > 10 W
4.    Station in Microwave band, Line of sight Radio relay systems.
5.    Radar stations, space satellite communications system, Radio Navigation and Radio location system.
6.    Receiving stations in services like space research, radio Astronomy.
7.    Any other change in existing parameters other than reduction in power & mast height of the approved parameters.
8.    Applications form WPC-S2 to be forwarded to members as per list in Annexure-II.
Additional Antenna Clearance for
Antenna which are to be installed in the existing mast   -  already cleared by SACFA.
Applications form WPC-S3 to be forwarded to SACFA members as per Annexure-III for this category.
Special Procedures for certain types of Wireless Stations.
1.    V-SAT/Micro-Earth Station in C band, extended C-band & Ku band with power restricted to 5 W and with a maximum Antenna size 3.8 m
2.    Procedures in respect of sites of software units and for last mile connectivity for sites of Internet services in the frequency band 2.4-2.4835 GHz using spread spectrum techniques with maximum E.I.R.P of 4 W.
1.    Value added Services.
2.    MARR
V-Sat of antenna Dia up to 3.8 m
Exemption Category:
Siting clearance exempted for antenna height of 4 m above ground level (AGL), & ³ 7 Km from airport reference point (ARP).
Mast Height Category
1.    For antenna height between 4 m and 20 m AGL, or antenna installed on top of an existing building, irrespective of its height, clearances has to be obtained from Army, Air and Naval Hqrs, JCES and AAI.
2.    Applications in WPC S-4. to be circulated by the applicant to the above organisations with a copy to Secretary SACFA
3.    Clearance needed from Army,Air and Navy Headquarters; JCES and AAI under Mast Height category.
4.    SACFA secretariat will issue a formal site clearance after receipt a NOC from the above agencies. However, for a distance of more than 7 KM from ARP and antenna height less than 20 m (inclusive height of the building), NOC has to be obtained only from AAI.
Full siting category
1.    For antenna height more than 20 m AGL, irrespective of whether the antenna is installed on ground or on roof top, the cases will be treated under full siting procedures of SACFA
2.    Applications form WPC-S4 to be forwarded to SACFA members as per Annexure-III.
Procedures in respect of sites of software units and for last mile connectivity for sites of Internet services in the frequency band 2.4-2.4835 GHz using spread spectrum techniques with maximum E.I.R.P of 4 W.
=  application need to be circulated to the SACFA members in application form WPC S-2
=  Site cleared on receipt of NOC from AAI & Air Hqrs within 6 weeks. Member(s) having any objection may indicate the same to Secretary (SACFA) within this time
=  In case of interference to the existing users from software units, immediate remedial action should be taken; otherwise operation has to be stopped.
=  Applications form WPC-S2 to be forwarded to SACFA members as per list at Annexure II.
Sites of Value added Services
Procedures
1.    Applicant permitted to apply for frequency assignment and site clearance simultaneously.
2.    Applicant must ensure all SACFA members receive their siting applications in time.
3.    Applicant must select more than 1 site for base station & discuss with AAI, Air & Naval Hqs before formally filing applications.
4.    SACFA members to forward their comments/clearances to Secretary, SACFA within 8 weeks from date of circulation.
5.    Secretary, SACFA will convene meeting from time to time for expeditious clearance of sites.
6.    Applicant will forward a copy of the “agreement letter” issued by LR section, WPC to Secretary, SACFA. SACFA will thereafter clear the site provided all the SACFA members have cleared the site.
MARR
1. Frequency Band of Operation
1.    146.45 – 147.95 MHz
2.    151.5 – 153 MHz
3.    164.5 – 166.5 MHz
4.    171 – 173 MHz
5.    Power Output 5 Watts
2. Antenna Height:
a. Base Station: 50 meters
b. Subscriber Station: 15 meters
1.    Base Station with above parameters would be considered under Mast height Clearance Procedure with NIB/NPB.
1.    Subscribers station considered under exemption category provided
2.    proposed site is located at a distance of ³ 3 km from the boundary /outer fencing of an aerodome and from any navigational aid/radar.
3.    Top elevation (Mast height + site elevation) of the proposed mast did not exceed 100 feet above ARP elevation of the nearest aerodome.
4.    Second Harmonic radiation should be suppressed to –50 dB.
5.    MARR stations of DOT would not be installed around Narayangaon, Pune (19°05’30”N, 74°02’53”E)
6.    within 65 Kms in frequency band 151.5 – 152 MHz
7.    within 400 Kms I frequency band 152 – 153 MHz
8.    DOT would take necessary measures for protection of existing RF 1 sensitive radio installation of DOS.
9.    Normal Procedure of siting clearance in vogue would be followed
10.  For all subscriber stations within 100 Kms of national boundary of the country with minimum use of frequency band 151.5 – 153 MHz.
11.  For all stations not covered as stated above.
Guidelines for filing Site Applications
Necessary information may be furnished keeping in view
1.    Geo-Coordinates of the site in 6 digits.
2.    Height of the site AMSL should be obtained from Survey of India except in the case of additional antenna category for which AAI clearance is needed.
3.    Name of the nearest airport and it’s distance from the site.
4.    For site within 5 Km from airport, site map to be authenticated by either AAI or municipal/town bodies etc.
5.    The map should be of scale 1cm=1km or nearest & should cover 12 Km radius from the site and should mark  scale location name and geo-coordinates of the site.
6.    contain at least 2 parallel lines of latitude and longitude.
7.    Geo-Coordinates on the map should be authenticated by applicant himself.
8.    Applications hard copy along with soft copy on a floppy of 3.5” be submitted for examination, verification and issue of ID No’s to SACFA Secretariat.
9.    Not more than 5 copies should be submitted in 1 bunch.
10.  Separate applications for different freq. bands/sites.
11.  After obtaining ID’s, siting application is to be circulated as per list applicable to each category of siting clearance
12.  Applications for additional antenna category need to be circulated to all members of SACFA but NOC’s from DD, Army HQ, JCES & DOS are necessary for approval of site.
13.  For Mast Height Clearance, applications to be sent to the members as listed in Annexure IV
14.  Copy of the agreement letter assigning the frequencies from WPC should be attached with application.
15.  Copy of DOT’s license agreement may also be endorsed in case of value added service.
SACFA Application Forms
1.    Mast height Clearance                    4              WPC S-1
1.    Site Clearance Exemption               4              WPC S-1
2.    Full Site Clearance                          4               WPC S-2
3.    Additional Antenna Clearance         4               WPC S-3
4.    Mast Height Clearance V-Sat          4                WPC S-4
Day and Night Obstruction Markings
Day
1.    All antennae to be painted with orange and white bands of 5m width
2.    All antennae above 45 m height, guy wires, where used, should have 60 cm diameter plastic/fiber glass orange and white balls
Night
1.    In addition to above for antennae above 45 m height-
2.    A red light of 1800 cp blinking @ 20 times per minute on top of the antenna
3.    2 red lights to be installed at every 45 m for antenna height higher than 45 m (e.g. an antenna of 118 m would be provided with a pair of red light @ 45 m, another pair at 90 m and a blinking red light at the top of the area.

Wednesday 8 February 2012

Successful Entrepreneurs and World's Richest School Drop Out Billionaires


Hi Friends,
Do you feel dejected or left behind by your peers because you don't have a college degree? Do you see your supposed illiteracy as a limitation to achieving your dreams? Or are you in the group that thinks education is the ultimate yardstick for success? If any of these questions best describes you, then please read on.
How does it sound to your ears that most of the world's richest men and women were school drop outs? Well don’t be surprised; it’s the truth.
"I have nothing against education. But at times, education gives people false confidence. It makes people relax, trusting in the power of their certificates rather than in working hard." – Rasaq Okoya
Today, I will be sharing with you a brief compilation of the entrepreneurial success stories of self made men and women; who took the bull by the horn by building a business, without being held back by the lack of a college degree. These men and women found their entrepreneurial spirit, surmounted business challenges, completed the entrepreneurial process and became successful entrepreneurs.

"I have been within the four walls of school and I have been on the street. I can confidently tell you that the street is tougher, challenging, daring, exciting and more rewarding. In school; you play alone. But on the street, you play with the big boys." – Ajaero Tony Martins

 Warren Buffett, Mo Ibrahim, Mike Adenuga, Oprah Winfrey, George Soros, John D. Rockefeller, Sam Walton, Jerry Yang and David Filo, Anita Roddick, Sergey Brin and Larry Page, Jeff Bezos, Pierre Omidyar, Martha Stewart, Henry Ross Perot and Aliko Dangote; the richest black man in the world did not make the list because they possessed college degrees. Without wasting much of your time, below is acomprehensive list of some of the world's richest school drop out billionaires.
"Behind every adversity is an opportunity. If you lament over the adversity, you will miss the opportunity." – Ajaero Tony Martins
Successful Entrepreneurs: The World's Richest School Drop Out Billionaires
1.  Bill Gates: He is the billionaire co-founder of Microsoft Corporation, the world largest software company. Dropped out of Harvard to focus on building Microsoft. According to Forbes magazine, Bill Gates has held the position of the world richest man for thirteen consecutive yearsand he not showing a sign of letting go that position.
"To win big, you sometimes have to take big risks." – Bill Gates
"We were young, but we had good advice good ideas and lots of enthusiasm." – Bill Gates
2. Thomas Edison: Thomas Edison was labeled dumb and scatterbrain by his school teachers but he went on to become one of the world's greatest inventors and founded General Electric; one of the most powerful companies in the world.
"Many of life's failures are people who did not realize how close they were to success when they gave up." – Thomas Edison
3.  Orji Uzor Kalu: He is one of the richest men on the soil of Africa. This young billionaire was rusticated from college for his participation in a student's protest. Instead of lamenting over his predicament; he started trading on palm oil and from that humble beginning, he grew his business into a conglomerate "Slok Group." Though he was later pardoned by the school authorities, he rejected the amnesty offer thereby refusing to return to school.
"A good businessman must have nose for business the same way a journalist has nose for news. Once your eyes, ears, nose, heart and brain are trained on business, you sniff business opportunities everywhere.” – Orji Uzor Kalu
4.  Li Ka Shing: Billionaire owner of Hutchinson Whampoa; one of the largest conglomerates in Hong Kong, with operations that span over fifty countries and more than 220,000 staff worldwide. Dropped out of school at the age of 15 and started out by selling watch bands.
"The first year, I didn’t have much capital so I did everything myself. I had to keep my overhead low by learning everything about running a business, from accounting to fixing the gears of my equipment. I really started from scratch." – Li Ka Shing
5. Richard Branson: Best known for his adventurous spirit and outrageous business tactics. He dropped out of school at the age of 16 to start his first successful business venture; Student Magazine, bought his own 79-acre Caribbean island when he was just 24 and he was knighted in 1999. He is the billionaire founder of the Virgin brand and its 360 companies. His companies include the famous Virgin Atlantic Airways.
"I wanted to be an editor or journalist. I wasn't really interested in becoming an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going." – Richard Branson
6. Lawrence J. Ellison: Larry Ellison dropped out of college twice and was told by his adoptive father that he would never amount to anything but he went on to become a billionaire by building Oracle, the world's second largest software company.
"I have had all the disadvantages required for success." – Larry Ellison
7Michael Dell: He dropped out of college at the age of 19 to start PC’s Limited; laterrenamed Dell Computers Inc. Dell became the most profitable PC manufacturer in the world makingMichael Dell a billionaire.
“I had to give it a full go and see what happened.” – Michael Dell
8. Steve Jobs: Billionaire co-founder of Apple Inc and Pixar; dropped out of Reed College to start Apple.
9. Henry Ford: This automobile billionaire was born in abject poverty. He never saw the four walls of school but he went on to build Ford Motor Company and become one of the richest men that ever lived.
"Thinking is the hardest work to do, that's why so few people are engaged in it." – Henry Ford
10. Walt Disney: Walt, regarded as the most influential animator because of his creativity with cartoons. He dropped out of high school at 16 and founded Walt Disney; a company which now has an annual revenue of about $30billion.
"If you can dream it, you can do it." – Walt Disney
11. Ray Kroc: Billionaire Ray Kroc never saw the four walls of school and spent most of his life working as a salesman. He bought McDonald's in 1961 for $2.7m and grew it into a multi billion dollar company.
"Press on. Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent." – Ray Kroc
12. Debbi Fields: A 20 year old housewife with no education and business experience started Mrs. Fields Chocolate Chippery and became the most successful cookie company owner. She later renamed, franchised, and then sold Mrs. Field’s Cookies.
“You don’t have to be superhuman to do what you believe in.” – Debbi Fields
13. Cosmos Maduka: Nigerian Elementary school drop out and billionaire founder of the Coscharis Group.
14. Ingvar Kamprad: Billionaire founder of IKEA. He dropped out of high school at the age of 17 to start IKEA; now the top home furniture retailer in the world, with over 90,000 employees working in its 200-plus stores, and annual revenues in excess of $10 billion.
"I'm not afraid of turning 80 and I have lots of things to do. I don't have time for dying." – Ingvar Kamprad
15. Carl Lindner: Billionaire investor and founder of United Dairy Farmers. He dropped out of high school at the age of 14 to deliver milk for his family diary.
16. Simon Cowell: Famous for his involvement in American Idols, he dropped out of school at age 16 and started his own record label "Fanfare" at the age of 23.
“Good is not enough; you’ve got to be great.” – Simon Cowell
17. Mary Kay Ash: Founder of Mary Kay Inc and best known as the most outstanding business woman in the 20th century. Mary never saw the four walls of school.
"When you reach an obstacle, turn it into an opportunity. You have the choice. You can overcome and be a winner, or you can allow it to overcome you and be a loser. The choice is yours and yours alone. Refuse to throw in the towel. Go that extra mile that failures refuse to travel. It is far better to be exhausted from success than to be rested from failure." – Mary Kay Ash
18. Coco Chanel: Fashion magnate and founder of the Coco Chanel brand, she never saw the four walls of school.
19.  Wayne Huizenga: Wayne is the only person in history to build three Fortune 1000 companies practically from scratch: Waste Management Inc, Blockbuster Entertainment and AutoNation. He is the only person to have developed six NYSE-listed companies.
He also owns the Miami Dolphins and is previous owner of the Florida Marlins baseball team and the Panthers hockey team, making him the only person ever to own three pro teams in a single market, two of which won national championships. He dropped out of college to join a friend in a garbage collection business.
20.  Barry Diller: This billionaire media magnate dropped out of college to start Fox Broadcasting Company. He is chairman of Expedia, and was once the CEO of IAC/InterActiveCorp which includes Home Shopping Network and Ticketmaster.
“There’s a world in which reasons are made up because reality is too painful.” – Barry Diller
21. Andrew Carnegie: Founder of Carnegie Steel Company and one of the richest men that ever lived. Born in abject poverty, Andrew never saw the four walls of school.
"I shall argue that strong men conversely know when to compromise and that all principles can be compromised to serve a greater purpose." – Andrew Carnegie
 22. Sir Philip Green:  Billionaire retail mogul and owner of the Arcadia brand, hedropped out of school at the age of 16. After four business failures, Philip Green made his first million  
 at the age of 33.
“If you’ve got a natural talent, I think it’s fantastic. If I wasn’t in retail, being a singer or a tennis player would be a better idea.” – Sir Philip Green
23. Madame C. J. Walker: She was born into the family of ex-slaves and farmers. Despite being widowed at the age of 20 and faced with extreme hardship, she started a cosmetics business and went on to become the first American self made female millionaire.
"I had to make my own living and my own opportunity! But I made it! Don't sit down and wait for the opportunities to come. Get up and make them" – Madam C.J. Walker
24. Mark Zuckerberg: The youngest billionaire in the world, dropped out of Harvard topromote his social networking platform; Facebook. As at 2010, he was 23 years and worth $4billion.
25. Ted Turner: Billionaire drop out media mogul and founder of CNN; pledged a billion dollars to the United Nation.
"All my life, people have said that I wasn't going to make it." – Ted Turner
"Over a three year period, I gave away half of what I had. To be honest, my hands shook as I signed it away. I knew I was taking myself out of the race to be the richest man in the world." – Ted Turner
26. Cornelius Vanderbilt: Dropped out of school at the age of 11, began operating his own boat at the age of 16 and became one of the richest men in history.
“If I had learned education, I would not have had time to learn anything else.” -  Cornelius Vanderbilt
27. Mayer Amschel Rothschild: was born in a ghetto; started business as a money lender and built the largest private fortune in history. He never saw the four walls of school.
“Give me control over a nation’s money supply and I don’t care who make the laws.” – Mayer Amschel Rothschild
28. Ty Warner: Billionaire real estate investor, hotel owner, sole owner, CEO, and Chairman of Ty, Inc. Ty Warner is a savvy, yet private business man. Ty, Inc; made $700 million in a single year with the Beanie Babies craze without spending money on advertising. He has since expanded to include Ty Girlz dolls, directly competing with Bratz dolls.
29. Howard Hughes: Dropped out of California Institute of Technology and Rice University; founded Hughes Aircrafts and Co and went on to become a billionaire.
“I intend to be, the richest man in the world.” Howard Hughes
30. Giorgio Armani: Billionaire founder of the fashion brand; Giorgio Armani S.P.A.Dropped out of medical school at the University of Bologna because he couldn’t stand the sight of blood.
"Remain true to yourself and your philosophy." – Giorgio Armani
31. Asa Candler: Founder of the Billionaire company and world’s most popular brand; Coca Cola. He dropped out of school at the age of 10.
32.  Jenny Craig: With no college degree, this woman started Jenny Craig Inc from scratchand grew it to become one of the largest and most recognized companies in the weight management industry.
"If I make a commitment to something, I will stick to it no matter what." – Jenny Craig
33. Rachael Ray: Despite having no formal training in culinary arts, Rachel Ray made a name for herself in the food industry. With numerous shows on the Food Network, a talk show and cookbooks, high-energy Rachael never slowed down. She has also appeared in magazines as well has having her own magazine debut in 2006.
34. Milton Hershey: With only a fourth grade education, Milton Hershey started his own chocolate company. Hershey’s Milk Chocolate became the first nationally marketed chocolate.
35. Frank Lloyd Wright: surpassed all odds to become the most influential architect of the twentieth century. Frank Lloyd Wright designed more than 1,100 projects with about half actually being built. He never saw the four walls of high school.
36. David Geffen: billionaire founder of Geffen Records and co-founder of DreamWorks.
“I never went to business school. I was just bumbling through a lot of my life. I was like the guy behind the curtain in the Wizard of Oz.” – David Geffen
37. Billy Joe (Red) McCombs: founder of Clear Channel media, real estate investor.
38. Craig McCaw: billionaire founder of McCaw Cellular.
39. Dave Thomas: billionaire founder of Wendy’s.
“There’s no one to stop you but yourself.” – Dave Thomas
40.  ay Van Andel: billionaire co-founder of Amway.
 41. Micky Jagtiani: billionaire retailer, Landmark International
42.   John Paul DeJoria: billionaire co-founder of John Paul Mitchell Systems and Patron Spirits tequilla.
43.  David Green: billionaire founder of Hobby Lobby.
44.  Frederick “Freddy” Laker: billionaire airline entrepreneur.
45.  Kirk Kerkorian: billionaire investor, owner of Mandalay Bay and Mirage Resorts, and MGM movie studio.
46. Leandro Rizzuto: billionaire founder of Conair
47. Leslie Wexner, billionaire founder of Limited Brands.
48. Marc Rich: billionaire commodities investor and founder of Marc Rich & Co.
49. S. Daniel Abraham: billionaire founder of Slim-Fast.
50.  Theodore Waitt: billionaire founder of Gateway Computers.
51.  Y.C. Wang: billionaire founder of Formosa Plastics.
52.  Paul Allen: billionaire co-founder of Microsoft Corporation; dropped out of Washington State University.
53.  Ralph Lauren: Billionaire fashion mogul. Studied business at Baruch College for two years and dropped out.
54.  Dean Kamen: Billionaire Kamen holds more than 80 US patents; famous for the Segwey PT, Auto syringe and IBOT robotic wheelchair; dropped out of Worcester Polytechnic.
55.  Dhirubhai Ambani: Famous founder of Reliance Group and father to two billionaires; Anil and Mukesh Ambani. Started Reliance Industries from scratch and never saw the four walls of school.