12 Empowering Lessons From The Multi Billionaire “Warren Buffett”

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.

 

7. Do What You Love

There comes the time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age? ~ Warren Buffett

Simply, do what you love. Most of the people are just ruining their lives by living on other’s interest. Follow your passion; find that job in which you find leisure. The day when you don’t feel your work as a job anymore that is the day you’ll taste the satisfaction of a success.

8. Know Your Competition

In the business world, the rear-view mirror is always clearer than the windshield. ~Warren Buffett

Knowing your competition is always better than knowing yourself. To keep a track on your competition is a must for any business. Successful businessmen always see how their competitors have performed in the past and measure where they may need to head in the future if they want to take edge over others.

9. One Step At A Time

I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. ~ Warren Buffett

No one is really an overnight success; you’ve got to take baby steps towards your success. Always take small and sustained leaps to your end goal and aim for efficiency by knocking each talent down 1 at a time.

10. Learn To Say “No”

The difference between successful people and really successful people is that really successful people say no to almost everything. ~ Warren Buffett

You have to pick the your ventures carefully and start saying “no” to the nuisance ideas around you, by doing this you would definitely become a winner. Too many eggs in the basket can burden the load.

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