Berkshire Hathaway CEO Warren Buffett cemented his status as the greatest investor of all time.
If you are a student, fan or follower of Warren Buffett, you also know that many of his secrets to success go far beyond investing, but are designed to help you live better successful life.
Here are four that really stand out:
1. Say no to almost everything
The tycoon once said, “The difference between successful people and really successful people is that the really successful people Say no to almost everything. “
It’s a tough job. Most ambitious people are driven by results and do more, not less. But from a self-help/self-care perspective, Buffett’s “no” advice should be a bullseye on your conscience if you think you’re taking on too much responsibility and being labeled a “workaholic.”
This advice in practice may mean saying no more than a few times to the things that are not good for you, and saying yes to the things that really matter in advancing your personal mission.
2. Face Your Fears
Buffett is no stranger to fear. In fact, he used to be very afraid of public speaking. Until he took Dale Carnegie’s course to improve this very important business skill. Since overcoming his fear of speaking, he has become one of the most quoted speakers in the world.
Now Buffett is giving his followers an invaluable lesson of courage, illustrated in four powerful words: Face your fears.
Buffett advises young and old alike not to let fear limit them from accomplishing what they need to do to be successful.
3. Play the long game
One of his best pieces of advice is to trust that good things will happen to those who wait. Buffett used his own words:
No matter how much talent or effort, some things just take time. You can’t have nine women having one baby in one month of pregnancy.
Usually, those who want to make hasty, impulsive Those who choose are also those who focus on short-term gains and instant gratification. This is the antithesis of the Buffett way.
Buffett believes in the important lessons of slowing down and thinking long-term. In the end, true success comes from focusing on those steady, small, consistent day-to-day actions that pave the way for long-term results. In these endeavors, your best weapons are patience and discipline.
4. Make the people around you more successful than you
Buffett has repeatedly mentioned the importance of mentoring to someone’s career development, including his own.
Beyond that, Buffett has always suggested that success depends on being with the right people. He said: “Pick colleagues who behave better than you, and you’ll drift in that direction.”
This is a good life lesson to let the traits of successful people follow you. Because when you do, you expand your reach and network.
As the saying goes, we are the average of the five people we’ve been with the longest. Make sure to network with people who may help you learn new things, grow and advance your career.