6 Practical Things You Can Learn From Billionaires

Amazon is one of the biggest companies on the planet and its founder, Jeff Bezos, currently pulls in a mind-boggling $230,000 a minute. Bezos has said that he lives his life by "minimizing his regrets." Meaning, it's better to go after something you want and fail, then to not try at all.

Here are five more pieces of practical advice from men who know a few things about success.

The saying "the early bird gets the worm" is true for just about every billionaire on the planet. Starbucks' founder and CEO, Howard Schultz has been an early-riser since his teens and still regularly gets up at 4:30 a.m. to start his day.

Business tends to slow down as the day wears on and waking up early ensures you won't be late to the action.

George Soros, founder of Soros Fund Management LLC, is quoted as saying "I'm only rich because I know when I'm wrong." There's always going to be critics, but that doesn't mean you should let their opinion stifle you from trying something.

The key is being able to recognize and acknowledge when something is and more importantly, isn't working.

It might sound cliche, but Virgin founder Richard Branson's advice is worth taking to heart. The benefits of dreaming big outweigh the risks and without those who dreamed and went after the seemingly impossible, we would never have most of the inventions and opportunities that make life worth living.

Microsoft founder Bill Gates views the barrier to change as not a lack of caring, but failure to rise above complexity. Problems are going to arise in every part of our lives from business to family relationships.

Sometimes there's an easy solution sometimes not. But you should always look to see if a simple solution presents itself first, rather than complicating the problem further.

It's a simple motto, but one that is guaranteed to keep you in business. Co-founder of Paul Mitchell hair products and Patron Tequila, John Paul DeJoria, says you don't want to be in the selling business, but rather the re-ordering business.

Whatever product or service you're offering the consumer, you want it to be quality enough that they come back to it in the future.