Warren Buffet, over the years, has given various ideas to young people about how they can be productive and successful.
In this article, we’ll share with you 10 of the most inspiring advice from Warren Buffet.warren Buffett quotes:10 inspiring advice
Advice number 5 is significant, so you need to read this article till the end.
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Advice No. 1
I will mention to you how to become rich. close the doors. and be fearful when others are greedy. be greedy when others are fearful.”
As a young person, if there’s any single advice you should take very seriously from anyone, that advice is; Be Different.
Go against the tide. find out what everyone is doing and do just the opposite. but why is this important?
Well, it’s essential to do the opposite of what everyone else is doing because most people in the world aren’t thinking.
Most of the peoples in the world find it hard to use their brains so most at times what they do
are determined by social proof, which in turn does their decision wrong. take, for instance, and most people will only invest in stocks when stock prices are crazily going
high, unfortunately, that’s when smart individuals are selling. if you’re average, you can’t succeed, Don’t Be Normal!
Advice No. 2
It does not matter how great the talent or efforts. you can not produce a baby in one month by getting nine women pregnant”.
What do you think the number one reason why most people in the world are poor and unsuccessful?
Well, it takes time, crazy dedication, and unusual persistence to create wealth and success.
you must patiently endure the tough times, or you won’t be able to go through the rough road that leads to success. great things take time.
You can’t have a baby next month by impregnating nine women today.
Advice No. 3:
It is better to hang out with the peoples better than you. pick out buddies whose conduct is higher than yours, and you will flow in that direction.”
One thing young people do more than anybody of other age demographic is that young people associate a whole lot.
Unfortunately, most people are not conscious of who they hang out with. we have an essential exercise for you. pause this video and make a list of 5 people you spend most of your time with.
Close your eyes and imagine where these people are likely to be in the next five years. sorry, that’s where you’re going. It’s pretty simple.
If your associates are not ambitious or positive about life, you can’t be.
If your friends don’t know more than you, you’re never going to grow and become a better person. So what should you do?
Cut yourself off from negative and unmotivated people. choose your friends carefully because you can’t be better than who you associate with.
Advice No. 4:
You will now not maintain manipulate of your time, unless you can say ‘no.’you can’t let different human beings set your agenda in life.”
Look around you. What do you see?
Social media, TV, parties, and movies.
All these are interesting stuff that brings little or no value to who we are.
The more “NO” we can say to distractions, the more time we’ll have to be productive at things that matter.
Advice No. 5 :
- You do not have to be smarter than the rest.
- You have to be more disciplined than the rest.”
- Forget everything you’ve been told about talents and IQ.
- Talents are as standard in the world as table salt.
- Hundreds of people with 200 IQ scores are broke.
- Discipline, practice, dedication, and persistence are what you need to be successful.
Advice No. 6:
Risk comes from not knowing what you are doing.
Take, for instance, more than 90% of people who are planning to start their businesses
will never take time to study or read even ten books about business, not talk of 100, yet, we all believe that business and investing are risky.
Why won’t they? The real risk is in your ignorance. The more you know about your field and the less risky it becomes
To reduce risk, seek knowledge.
Advice No. 7 :
“The chains of dependency are too mild to be felt until they are too heavy to be broken.”
Did you ever see a drug addict looking helpless and wishing some powers rescue him from his addiction? The best thing you can do with your life is to avoid bad habits altogether.
Experimenting with them is like playing with fire because when your bad habits grow, you become their slaves.
Advice No. 8:
According to a Gallup Poll study, 85% of people all over the world hate their jobs.
Since you’re going to spend more than 50% of your entire adult life working and planning to work, you better do all you can to do what you enjoy.
It may not be easy, but if you will be willing to pay the price and go through the necessary pains, you can create for yourself the kind of job or business you enjoy.
Advice No. 9:
“You can not buy what is popular and do well.” This is very similar to our first point.
You see, whenever anything becomes popular, the game is over. be it a business idea or an investment opportunity.
When you read about it in the news, it’s too late to call it an opportunity.
Don’t live by the noise.
The real thing is in secret.
So, how do you get the hidden opportunities no one is seeing?
Read the books; no one is reading.
Search for knowledge when others search for entertainment.
If you know what others don’t know, you’ll see opportunities long before they see them.
Advice No. 10:
Never invest in a business you can not understand.” Don’t be a generalist. Be a specialist.
Choose one or a few fields you’re interested in, study every day to know what nobody knows about such an area, and say “No” to any other thing you don’t understand.
If you can’t take time to study any business, don’t ever invest in it because everyone is doing so.
For instance, don’t invest in Cryptocurrency because everyone is doing so, if you can’t take time to study Cryptocurrency.
Do not invest in stock market if you can not take the time to read ten good books about stocks.
Don’t invest in real estate if you can’t take the time to read at least five good books about real estate.
Send your money to only where your knowledge lies. if you want to be rich do the opposite of what everyone else is doing, say no to unproductive activities,
avoid bad habits, select your friends carefully, be disciplined and patient because it takes time to achieve anything worthwhile.
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Andrew Kenny was a Scottish American industrialist business magnate, and philanthropist Kenny G led the expansion of American steel industry in the 19th century and is often identified as one of the wealthiest people in the world
They became a leading philanthropist in the United States and in the British Empire as a successful in chirping young Canada gave some valuable advice
which can be useful for you if you want to be productive and successful in this article we’ll be sharing with you 10 of most inspiring information from Andrew Kenny G, and we hope some of them change your life
If you aren’t able to motivate yourself, you must be content with your critique no matter how impressive your talents I know so many people who work hard and do tough things because their bosses push them to do them
in return for your paychecks these same people often talk about how much they really want to start your own business or pursue your own dreams,
but they never do anything about it because it’s tough how can people who do harsh things for others be afraid of doing tough things for themselves
The answer is straightforward others force them to be motivated, but they can’t push themselves. They are not self-motivated; they are weak souls who only run when pursued less than Niccole Machiavelli said.
There is no avoidance of war we can only postpone it for others’ advantage if you do not motivate yourself to pursue your dreams someone else will
prompt you to pursue his dream and that will be for his advanced agent you think about that
so many people today are seeking other people’s ideas with all their might these same people have personal goals for the unknown self-motivated to
pursue them let me repeat if you don’t motivate yourself to pursue your dreams someone else will drive you to pursue this only train, and that will be for his advantage
Success of Michael Jackson:
The men who have succeeded a men who have chosen one line and stopped to it Warren Buffett began investing at age 11 and that is what he does still today Michael Jackson started singing as early as five, and that is what he
did all his life Tiger Woods began playing golf when he was three, and that’s what he has done all his life most lives failure is as a result of lack of concentration the first problem comes
Because most people do not discover who they are on time because people don’t know who they are, they simply try to fit into whatever is available. When such isn’t available anymore, they look for whatever else is available
I’ve seen another set of people these people start pursuing specific goals, and after a few failures they get tired and drop such purposes for another thing if you want to become successful in life you must learn how to stick
with your goals you can be fast but don’t be in a hurry things simply take time and you must be willing to make the necessary sacrifices don’t be distracted don’t try to do many things at a time concentrate on something at a time
the secret of success lies not in doing your work but in recognizing the best person to do it most people are lone Ranger’s if you want to be rich you must know how to build a team and how to get people to do what you ought to do
Believe on yourself:
This is where most people in the world visit they are perfectionist they believe in themselves they think they are the best person who can handle
their businesses but won’t roll because they don’t know how to delegate get others to do what you want to do so that you can grow faster and be more successful
the first man gets the hoister the second man gets the sell-in business there is what we call the first-mover advantage it merely means the first product to get to the market is far more likely to be the king than any other product think about Coca-Cola
Mark Cuban said I always ask myself where is the world going and how can I get there before everyone to be successful you must have insight into where the world is going and figure out how to get there before everyone
do not look for approval except for the consciousness of doing your best if you have to wait for everyone around you to approve your decisions you might as well remain forever some people you care about will always have
opinions about what you think you should do with your life most times these people are judging your capacity based on your ability, for instance, my brother warned me not to become an entrepreneur at the time I wanted
to because he thought I was too young that judgment wasn’t about me it was about himself he believed you would not have made such decision at my age imagine if you expect such people to approve you before you can do something with your life
Acquired by showing yourself:
the men’s spa is acquired by showing yourself in your secret reveries that you were born to control affairs just listen to people and your complaints about everything you’ll get the picture you see an average human being on
the street sees himself as a tiny insignificant part of the world that’s not the right way to see yourself to be successful you have to see yourself as an
essential part of the world or mover and a determinate you’re in control of your life, and you can change anything about it any time you choose to
concentrate your energies your thoughts and your capital the wise man puts all these eggs in one basket and watches the basket Deepak Chopra said
what we pay attention to grows whatever you pay attention to either good or bad will grow the mistake I see many people making is being attentive to
what they don’t want or what doesn’t matter much what the government is doing what is trending on social media what is happening in the entertainment industry all these waste your most valuable resource which
is time to be successful in life you have to let go of many things and concentrate all your support on a few things that matter to your success in life