12 Life Lessons We Can Learn From Warren Buffett
Despite all his success, Warren Buffett still manages to remain humble and approachable. Here are 12 lessons everyone can learn from the respected businessman.
3. Live below your means.
Despite a net worth of $39 billion, Buffett lives in a surprisingly modest home. He bought the Omaha, Nebraska, house for $31,500 in 1958 and today he calls it the best investment he ever made.
4. Save first, spend second.
Many people save what is left over each month after paying bills and making purchases. Buffett recommends instead that you set a certain amount of money aside each month for savings, then spend the amount that is left.
6. Hone your speaking skills.
In the early days of his career, Buffett was terrified of public speaking. Recognizing that it would be necessary to achieving his goals, he enrolled in a renowned course taught by Dale Carnegie. Today, he regularly tells young entrepreneurs that the ability to communicate effectively is essential to success.
7. Protect your reputation.
Money comes and goes but damage to a person's reputation is irreversible. Buffett emphasizes the importance of protecting the reputation of both yourself and your business.
12. Enjoy your work.
Buffett has expressed disbelief at the fact that people take successive jobs they dislike to advance their careers. He believes life is too short and we should all spend our time and effort on work we love.
For all 12 here is the link:
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