An entrepreneur, a genius investor, a billionaire, a philanthropist. Known as “The Man” widely for his ethical and sustainable living has definitely caught the world’s attention. A man who began investing since the age of 11 and a philanthropist who has vowed to give away his entire fortune of $53.5 Billion to charity is a household name throughout the world. Warren Buffett is the fourth richest man in the world and second richest man in the United States, only behind Bill Gates.
tBy the age of 13, Warren Buffett was running his own business as a paper-boy and selling his own horse racing tip sheet. That same year, he filed his first tax return, claiming his bike as a $35 tax deduction. There was something extraordinary to Buffett since a very young age, given his knack for mathematics and financial matters.
Buffett is the Chairman and CEO of Berkashire Hathaway, a conglomerate multinational corporation with a whooping $162 Billion in revenues, as of 2012. His business include Investments, Bonds, Finance, Media, Retail, Flight services, clothing, etc.
More often referred to as the “Sage” or “Oracle” of Omaha, Warren Buffett is widely viewed as one of the most successful investors in the entire history.
The much better part to him, apart from his money and businesses, is his ethics and morale values. When most of the people are looking forward to become rich the easiest way, Buffett has shared some valuable thoughts on life, generosity, money and investments. His ethical values and his hate for callous business deeds make him stand out from the crowd.
Eye Opening Quotes by Warren Buffett
This man has given the world hundreds of inspirational lines to ponder upon and re-think the way we take on life. Here are a few of them. Read on to the Best eye opening quotes by Warren Buffett.
Value your Reputation
Value your own self and your company’s reputation the most. As the man says, it takes years to build a reputation for yourself or your company and only a silly deed to lose it in a puff. Build on your reputation and do not do anything that could jeopardize your reputation.
One for the future
Sow the seeds today, for a better future. Do what’s possible for you today, to reap its benefits later. What you enjoy now is a result of previous efforts. Make the most of now, and lead a better future.
As Oscar Wilde said, “People nowadays know the price of everything, but the value of nothing”; Warren Buffett has just found the meaning of value. You value things as you get them. You value a brand from its services, and the same goes when you provide some service. Your brand’s value is determined by the service you offer.
A better Company
Keep yourselves in better company all the time to have a easy ride. You become who you spend your time with most, so choose them wisely. Choose wisely the people you spend your time with.
Master the art of Patience
The guy just nailed it with his quote. Apart from persistent efforts and talents, patience is an art that needs to be mastered to achieve success in any endeavour you take.
Take calculated Risks
Taking risks and taking calculated risks are two completely different things. Calculated risks are the risks you take, the ones on which you have pondered a lot and know what you’re doing. Taking calculated risks is way better than running away from facing risks.
Do what you love
The man again at his witty best has simply nailed the fact the of life. Do what you love. Have you ever thought of becoming a writer, a poet, a hockey player, an entrepreneur, or anything? Do it right away. You are never too old to learn a thing or two.
Honesty is a rare policy
Most importantly, understand the face of humanity and its limitations. Don’t expect everyone around you to be honest, they have their right to mask the truth. Never expect everyone to be honest with you, that won’t be the case with everyone. Harsh, but true.
Its okay to Jump Ship
Its okay to jump ship if you are stuck with a sinking ship. It is better to jump ship rather than go down with the sinking ship. But make sure you don’t change base every time you face a hurdle. Try and face the challenges, last resort is the man’s suggestion.
Know thy competition
Know yourself good, know your competition better. That’s a notion in the business world and the man re-asserts it here. What’s ahead of you is blurry compared to who’s behind you. Tracking your competition is a must for any business.
Don’t get carried away by the tides, take control and sail your life. Your time is your most valuable asset and never let anyone else set agendas for you. You deserve your time and try and make the most of it. Steer clear of time-thieves and do what you do best.
Success: One step at a time
Success – One step at a time. Take baby steps towards your success. Overnight success is a myth and wishing so is a disease. Take small and sustained leaps towards success.
Learn to say “NO”
“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things.”
Saying NO to the nuisances around you would definitely make you a winner.
K.I.S.S failure goodbye
Make the most of “Keep It Simple Stupid” principle and K.I.S.S failure goodbye. The majority of people whom success evades is because of their habit of making things complicated. Success comes to those who keep things simple.
“A little greed is good”. Make it a habit of thinking for yourselves first. Your time, your energy, your health matters to you a lot. Give your health first priority and make giving yourselves a good night’s sleep on the top of that list. A healthy body reflects a healthy mind. Treat yourselves the best way you could.
That was him. Did we miss out on any of your favourite quote by the business magnate Warren Buffett? Shout out your thoughts and comments below.