---
title: "Meaning & Key Takeaway of: Building a business and becoming a…"
description: "\"Building a business and becoming a billionaire is it's not championship. It's the competence; the competence in your sector with other companies not lo..."
image: "https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png"
---

#  Building a business and becoming a billionaire is it's not…

![“Building a business and becoming a billionaire is it's not championship. It's the competence; the competence in your sector with other companies not looking to have some kind of records in this issue.” quote by Carlos Slim](https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png)   [Download](https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png) [Open image](https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png)

> “Building a business and becoming a billionaire is it's not championship. It's the competence; the competence in your sector with other companies not looking to have some kind of records in this issue.”

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Success in business is portrayed as mastery in one's field rather than a competitive title, emphasizing competence over rivalry.

**In simple terms:** Business success is about expertise, not winning a championship.

Key Takeaway

Focus on building expertise.

Themes

business expertise competition

Mood

determined analytical

Type

motivational strategic

When to use this quote

- entrepreneurship
- market expansion
- product development
- team building

Key Concepts

strategic management industry leadership

Questions to Reflect On

- What skills uniquely differentiate you?
- How can you measure competence beyond profit?

A Different Perspective

Competence alone may not guarantee wealth.

★ ★ ★ ★ ★   No ratings yet

[Becoming](https://sms4smile.com/quotes/about/becoming/) [Billionaire](https://sms4smile.com/quotes/about/billionaire/) [Billionaire Championship](https://sms4smile.com/quotes/about/billionaire-championship-1170895/) [Building](https://sms4smile.com/quotes/about/building/) [Building a business](https://sms4smile.com/quotes/about/building-a-business/) [Building Business](https://sms4smile.com/quotes/about/building-business-1121651/) [Business](https://sms4smile.com/quotes/about/business/) [Business Billionaire](https://sms4smile.com/quotes/about/business-billionaire-1170896/) [Championship](https://sms4smile.com/quotes/about/championship/) [Championship Competence](https://sms4smile.com/quotes/about/championship-competence-1170897/) [Company](https://sms4smile.com/quotes/about/company/) [Competence](https://sms4smile.com/quotes/about/competence/) [Competence Sector](https://sms4smile.com/quotes/about/competence-sector-1170898/) [Issues](https://sms4smile.com/quotes/about/issues/) [Kind](https://sms4smile.com/quotes/about/kind/) [Records](https://sms4smile.com/quotes/about/records/)

## Related quotes

> [Building a business is a marathon, not a sprint. I don't believe it when people tell me they've been working 80-hour weeks for five…](https://sms4smile.com/quotes/taavet-hinrikus/building-a-business-is-a-marathon-not-a-sprint-i-don-t-believe-it/)

[Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/)

> [Building a business is not rocket science, it's about having a great idea and seeing it through with integrity.](https://sms4smile.com/quotes/richard-branson/building-a-business-is-not-rocket-science-it-s-about-having-a-great/)

[Richard Branson](https://sms4smile.com/quotes/author/richard-branson/)

> [As an entrepreneur the way I look at it is if I build a great business, and if Im building a business that fills…](https://sms4smile.com/quotes/gagan-biyani/as-an-entrepreneur-the-way-i-look-at-it-is-if-i-build-a-great/)

[Gagan Biyani](https://sms4smile.com/quotes/author/gagan-biyani/)

> [When you're building a business or joining a company, you have to be transparent; you can't have two sets of information for two sets…](https://sms4smile.com/quotes/howard-schultz/when-you-re-building-a-business-or-joining-a-company-you-have-to-be/)

[Howard Schultz](https://sms4smile.com/quotes/author/howard-schultz/)

> [“Building a business doesn't mean getting venture capital funding. It means finding customers and making money.”](https://sms4smile.com/quotes/ziad-k-abdelnour/building-a-business-doesn-t-mean-getting-venture-capital-funding-it/)

[Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/)

> [Become better at firing than hiring - it's crucial for building a business.](https://sms4smile.com/quotes/barbara-corcoran/become-better-at-firing-than-hiring-it-s-crucial-for-building-a/)

[Barbara Corcoran](https://sms4smile.com/quotes/author/barbara-corcoran/)

> [At a relatively early age, I began to believe that building a business was perhaps the greatest opportunity for making an impact, because it's…](https://sms4smile.com/quotes/elizabeth-holmes/at-a-relatively-early-age-i-began-to-believe-that-building-a-business/)

[Elizabeth Holmes](https://sms4smile.com/quotes/author/elizabeth-holmes/)

> [I think the moment that I'm very proud of is building a business without using animals. And, hopefully, changing people's perception of how you…](https://sms4smile.com/quotes/stella-mccartney/i-think-the-moment-that-i-m-very-proud-of-is-building-a-business/)

[Stella McCartney](https://sms4smile.com/quotes/author/stella-mccartney/)

> [Building a business is like building a home. If the foundation rests on an unstable setting or is constructed with subpar materials, it doesn't…](https://sms4smile.com/quotes/thomas-j-stanley/building-a-business-is-like-building-a-home-if-the-foundation-rests/)

[Thomas J. Stanley](https://sms4smile.com/quotes/author/thomas-j-stanley/)

> [I always think of it you know building a business, building a brand, a friend of mine gave me a metaphor for it which…](https://sms4smile.com/quotes/karen-walker/i-always-think-of-it-you-know-building-a-business-building-a-brand-a/)

[Karen Walker](https://sms4smile.com/quotes/author/karen-walker/)

> [Effective philanthropy requires a lot of time and creativity - the same kind of focus and skills that building a business requires.](https://sms4smile.com/quotes/bill-gates/effective-philanthropy-requires-a-lot-of-time-and-creativity-the-same/)

[Bill Gates](https://sms4smile.com/quotes/author/bill-gates/)

> [There's no seminar in the world that will give you multi million-dollar advice on building a business from scratch!](https://sms4smile.com/quotes/dan-pena/there-s-no-seminar-in-the-world-that-will-give-you-multi-million/)

[Dan Pena](https://sms4smile.com/quotes/author/dan-pena/)

> [When you're building a business, you're either all in, or you're not.](https://sms4smile.com/quotes/barbara-corcoran/when-you-re-building-a-business-you-re-either-all-in-or-you-re-not/)

[Barbara Corcoran](https://sms4smile.com/quotes/author/barbara-corcoran/)

> [Building a business where everyone thrives](https://sms4smile.com/quotes/kip-tindell/building-a-business-where-everyone-thrives/)

[Kip Tindell](https://sms4smile.com/quotes/author/kip-tindell/)

> [Building a mission and building a business go hand-in-hand. It is true that the primary thing that makes me excited about what we're doing…](https://sms4smile.com/quotes/mark-zuckerberg/building-a-mission-and-building-a-business-go-hand-in-hand-it-is-true/)

[Mark Zuckerberg](https://sms4smile.com/quotes/author/mark-zuckerberg/)

## More by Carlos Slim

> [It is not important NOT to make mistakes, but the mistakes to be small](https://sms4smile.com/quotes/carlos-slim/it-is-not-important-not-to-make-mistakes-but-the-mistakes-to-be-small/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [I studied engineering in the national university, the Universidad Autonoma, in San Ildefonso.](https://sms4smile.com/quotes/carlos-slim/i-studied-engineering-in-the-national-university-the-universidad/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [It's not a question of arriving and putting in a whole new administration, but instead, arriving and "compacting" things as much as possible, reducing…](https://sms4smile.com/quotes/carlos-slim/it-s-not-a-question-of-arriving-and-putting-in-a-whole-new/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [In this new wave of technology, you can't do it all yourself, you have to form alliances.](https://sms4smile.com/quotes/carlos-slim/in-this-new-wave-of-technology-you-can-t-do-it-all-yourself-you-have/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [In high school, I loved history. I also loved cosmography, algebra. Mexico is so rich in culture and history, and I have always enjoyed…](https://sms4smile.com/quotes/carlos-slim/in-high-school-i-loved-history-i-also-loved-cosmography-algebra/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [When we face our problems, they disappear. So learn from failure and let success be the silent incentive.](https://sms4smile.com/quotes/carlos-slim/when-we-face-our-problems-they-disappear-so-learn-from-failure-and/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [When there is a crisis, that's when some are interested in getting out and that's when we are interested in getting in.](https://sms4smile.com/quotes/carlos-slim/when-there-is-a-crisis-that-s-when-some-are-interested-in-getting-out/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [If you are in business, you are not enjoying. You are working.](https://sms4smile.com/quotes/carlos-slim/if-you-are-in-business-you-are-not-enjoying-you-are-working/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [Mistakes are normal and human. Make them small, accept them, correct them, and forget them.](https://sms4smile.com/quotes/carlos-slim/mistakes-are-normal-and-human-make-them-small-accept-them-correct/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [You cannot make thousands of universities or hundreds of thousands of professors, but with technology and the Internet you can have great courses and…](https://sms4smile.com/quotes/carlos-slim/you-cannot-make-thousands-of-universities-or-hundreds-of-thousands-of/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [Work well done is not only a responsibility to yourselves and society; it is also an emotional need.](https://sms4smile.com/quotes/carlos-slim/work-well-done-is-not-only-a-responsibility-to-yourselves-and-society/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [My mother born in Mexico, but was Lebanese in origin. She born 1902 the same year my father arrived to Mexico when he was…](https://sms4smile.com/quotes/carlos-slim/my-mother-born-in-mexico-but-was-lebanese-in-origin-she-born-1902-the/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [Technology is going to transform people's lives and society everywhere in the world. I spend most of my time studying new technologies. My main…](https://sms4smile.com/quotes/carlos-slim/technology-is-going-to-transform-people-s-lives-and-society/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [It's important to give a better country to your children, but it is more important to give better children to your country.](https://sms4smile.com/quotes/carlos-slim/it-s-important-to-give-a-better-country-to-your-children-but-it-is/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

> [Do not allow negative feelings and emotions to control your mind. Emotional harm does not come from others; it is conceived and developed within…](https://sms4smile.com/quotes/carlos-slim/do-not-allow-negative-feelings-and-emotions-to-control-your-mind/)

[Carlos Slim](https://sms4smile.com/quotes/author/carlos-slim/)

[Explore all 48 Carlos Slim quotes ](https://sms4smile.com/quotes/author/carlos-slim/)

## More Becoming quotes

> [Focus on becoming more to achieve more while doing less](https://sms4smile.com/quotes/hal-elrod/focus-on-becoming-more-to-achieve-more-while-doing-less/)

[Hal Elrod](https://sms4smile.com/quotes/author/hal-elrod/)

> [If the media is sending girls the message that their value lies in their bodies, this can only leave them feeling disempowered and distract…](https://sms4smile.com/quotes/jennifer-siebel-newsom/if-the-media-is-sending-girls-the-message-that-their-value-lies-in/)

[Jennifer Siebel Newsom](https://sms4smile.com/quotes/author/jennifer-siebel-newsom/)

> [But I already saw no great difference between the psyche and spirituality. To amass knowledge without becoming wise is not my idea of progress…](https://sms4smile.com/quotes/m-scott-peck/but-i-already-saw-no-great-difference-between-the-psyche-and/)

[M. Scott Peck](https://sms4smile.com/quotes/author/m-scott-peck/)

> [It's easy to say, let's go in and get the bad guys. But you have a divided country of Sunnis and Shias. The United…](https://sms4smile.com/quotes/tulsi-gabbard/it-s-easy-to-say-let-s-go-in-and-get-the-bad-guys-but-you-have-a/)

[Tulsi Gabbard](https://sms4smile.com/quotes/author/tulsi-gabbard/)

> [The path I choose through the maze makes me what I am. I am not only a thing, but also a way of being--one…](https://sms4smile.com/quotes/daniel-keyes/the-path-i-choose-through-the-maze-makes-me-what-i-am-i-am-not-only-a/)

[Daniel Keyes](https://sms4smile.com/quotes/author/daniel-keyes/)

> [Becoming famous is a really shocking thing, especially when you don't have aspirations to it. It got to the point where I would try…](https://sms4smile.com/quotes/alison-moyet/becoming-famous-is-a-really-shocking-thing-especially-when-you-don-t/)

[Alison Moyet](https://sms4smile.com/quotes/author/alison-moyet/)

> [When other boys dreamt of going to the moon or becoming doctors, I wanted to be a designer.](https://sms4smile.com/quotes/olivier-theyskens/when-other-boys-dreamt-of-going-to-the-moon-or-becoming-doctors-i/)

[Olivier Theyskens](https://sms4smile.com/quotes/author/olivier-theyskens/)

> [One is not born a genius, one becomes a genius; and the feminine situation has up to the present rendered this becoming practically impossible.](https://sms4smile.com/quotes/simone-de-beauvoir/one-is-not-born-a-genius-one-becomes-a-genius-and-the-feminine/)

[Simone de Beauvoir](https://sms4smile.com/quotes/author/simone-de-beauvoir/)

> [The dream of coming back is becoming a reality. A lot of the uncertainty about the future has been cleared up. A lot of…](https://sms4smile.com/quotes/paul-tagliabue/the-dream-of-coming-back-is-becoming-a-reality-a-lot-of-the/)

[Paul Tagliabue](https://sms4smile.com/quotes/author/paul-tagliabue/)

> [I'm getting to a point where everything is becoming streamlined in my life. I'm learning how to stand onstage for two hours and play…](https://sms4smile.com/quotes/john-mayer/i-m-getting-to-a-point-where-everything-is-becoming-streamlined-in-my/)

[John Mayer](https://sms4smile.com/quotes/author/john-mayer/)

> [The term 'Pre-Raphaelite' is in danger of becoming one of the most misused tags in art history](https://sms4smile.com/quotes/christopher-wood/the-term-pre-raphaelite-is-in-danger-of-becoming-one-of-the-most/)

[Christopher Wood](https://sms4smile.com/quotes/author/christopher-wood/)

> [We are somehow the children of the planet, we are somehow its finest hour; we bind time, we bind the past, we anticipate the…](https://sms4smile.com/quotes/terence-mckenna/we-are-somehow-the-children-of-the-planet-we-are-somehow-its-finest/)

[Terence McKenna](https://sms4smile.com/quotes/author/terence-mckenna/)

> [The reason so many of us are obsessed with becoming stars is because we are not yet starring in our own lives. The cosmic…](https://sms4smile.com/quotes/marianne-williamson/the-reason-so-many-of-us-are-obsessed-with-becoming-stars-is-because/)

[Marianne Williamson](https://sms4smile.com/quotes/author/marianne-williamson/)

> [In a personal way, to do with family and the father-son relationship, in a kind of artistic way with regard to him being an…](https://sms4smile.com/quotes/andy-serkis/in-a-personal-way-to-do-with-family-and-the-father-son-relationship/)

[Andy Serkis](https://sms4smile.com/quotes/author/andy-serkis/)

> [Trying to be perfect may be inevitable for people who are smart and ambitious and interested in the world and its good opinion...What is…](https://sms4smile.com/quotes/anna-quindlen/trying-to-be-perfect-may-be-inevitable-for-people-who-are-smart-and/)

[Anna Quindlen](https://sms4smile.com/quotes/author/anna-quindlen/)

[Browse all 4,715 Becoming quotes ](https://sms4smile.com/quotes/about/becoming/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "Building a business and becoming a billionaire is it's not championship. It's the competence; the competence in your sector with other companies not looking to have some kind of records in this issue.",
            "creator": {
                "@type": "Person",
                "name": "Carlos Slim"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/carlos-slim/building-a-business-and-becoming-a-billionaire-is-it-s-not/",
            "about": {
                "@type": "Thing",
                "name": "Becoming"
            },
            "@id": "https://sms4smile.com/quotes/carlos-slim/building-a-business-and-becoming-a-billionaire-is-it-s-not/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png",
                "contentUrl": "https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png",
                "url": "https://sms4smile.com/quotes/i/55a/carlos-slim-13936_becoming_building-a-business-and-becoming-a-billi_1703258.png",
                "width": 1080,
                "height": 1080,
                "caption": "“Building a business and becoming a billionaire is it's not championship. It's the competence; the competence…” — Carlos Slim",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Carlos Slim",
                    "item": "https://sms4smile.com/quotes/author/carlos-slim/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Building a business and becoming a...",
                    "item": "https://sms4smile.com/quotes/carlos-slim/building-a-business-and-becoming-a-billionaire-is-it-s-not/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/carlos-slim/building-a-business-and-becoming-a-billionaire-is-it-s-not/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
