12 Empowering Lessons From The Multi Billionaire “Warren Buffett” An Entrepreneur, a philanthropist, a billionaire and an extra ordinary genius investor, Warren Buffett is the fourth richest man in the world and the second richest man in the United States after Bill Gates. Warren Buffett began investing at the ripe young age of 11 and by the age of 13 he was into his own business as a paper-boy, selling his own horse racing tip sheets. Nowadays, Buffett is the Chairman and CEO of Berkshire Hathaway, a multinational Corporation with a net worth of $162 Billion in revenues, as of 2012. But the better part of him, apart from his money and businesses, is his ethics and moral values. He is truly a philanthropist who has vowed to give away his entire wealth of $58.5 Billion to Charity. Throughout his life, Warren Buffett has shared some worthwhile thoughts on life, generosity, money and investments. Here are the top 12 Empowering Lessons from Business Magnate Warren Buffett. The Best Quotes By Warren Buffett 1. Value Your Reputation It takes 20 years to build a reputation and five minutes to ruin it. If you thing about that, you’ll do things differently. ~ Warren Buffett Value your own self and your company’s reputation the most. As he says, it may take plenty of time to build a reputation but only a single deed to lose it in a puff. So build your reputation and never do anything that could compromise it. 2. Work For a Better Future Someone’s sitting under the shade today because someone planted a tree a long time ago. ~ Warren Buffett If you aspire for a better future, then you must sow the seeds accordingly. What you enjoy now is the result of your previous efforts. You have to put all your sweat in what you do and make the most now, to lead a better future. 3. Bring Value Price is what you pay. Value is what you get. ~ Warren Buffett You value any brand because of its services, it’s the same thing which is applicable to you when you provide your own service. Your brand’s value is determined by the service you offer. 4. Be Around Better Company It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction. ~ Warren Buffett If you want to be successful than you must be surround yourself with successful people, you tend to become that with whom you spend your time most. So choose wisely the people you spend your time with. 5. Patience Is The Key NO matter how great the talents or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant. ~ Warren Buffett Apart from the talent and all the persistent efforts you make, what matters the most is patience. You need to have patience to achieve success in any endeavour you take. 6. Take Calculated Risks Risk comes from not knowing what you’re doing. ~ Warren Buffett You must take risk but it should be a calculated risk. Calculated risks are the risks which you take after considering a lot and you know exactly what you’re doing. It is better to take calculated risks rather than running from facing risks.
Posted on: Thu, 10 Apr 2014 07:06:37 +0000
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