Warren Buffet’s name is synonymous with legendary.
But it was filled with sweat and hard work. He sold cold drinks, weekly magazines, stamps and chewing gums door to door and delivered newspapers. He even worked in his grandfather’s grocery shop.
His first success in business was when he and one of his friend installed a pinball machine in a barber’s shop. After the first investment, they soon installed more machines in other barber shops.
After college, Warren offered to work for Graham without a salary. But he was refused the job.
Next, he bought a gas station but it did not turn out to be profitable for him.
However, in 1962 he became a millionaire through the partnerships he made. Even after the rejections and losses he suffered, he continued to search, build, and fail over and over until he was proficient.
The story of his struggle is inspirational because it emphasizes that to be successful, you need to have good principles.
Today, he remains one of the richest people in the world but still, his lifestyle has not changed. Despite his wealth and success, his life is still as simple and frugal as it was before.
His story is not only an epitome of success but also of humility and hard work.
“Risk comes from not knowing what you are doing.”
“A person’s main asset is themselves, so preserve and enhance yourself.”
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
“Honesty is a very expensive gift. Don’t expect it from cheap people.”
“Someone’s sitting in the shade today because someone planted a tree a long time ago.”
“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”
“There seems to be some perverse human characteristic that likes to make easy things difficult.”
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
“In the world of business, the people who are most successful are those who are doing what they love.”
“You keep doing the same things and you keep getting the same result over and over again.”
“You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.”
“Tell me who your heroes are and I’ll tell you who you’ll turn out to be.”
“Not doing what we love in the name of greed is very poor management of our lives.”
“Intensity is the price of excellence.”
“The most important investment you can make is in yourself.”
“What the wise do in the beginning, fools do in the end.”
“I believe in giving my kids enough so they can do anything, but not so much that they can do nothing.”
“Life is like a snowball. The important thing is finding wet snow and a really long hill. ”
“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
“Price is what you pay. Value is what you get.”
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Do you want to live your life with purpose and meaning, but you struggle to figure out how to do this without needing to completely change your life in the process?
Most modern day approaches to living with purpose and meaning involve trying to visualize a different life for yourself.
The problem is that doing this distracts you from the life you're already living right now.
In this free salon, Ideapod founder Justin Brown shares a very different approach to aligning with your purpose and creating meaning in your life, without needing to drastically change your life.
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