Return to site

5 Lessons For Every Entrepreneur From The Life Of Warren Buffet

March 30, 2021

Obviously! Warren Buffet is a true non-conformist man with an extraordinary insight for making ample money in the boundless world of business. He is a successful businessman as well as a good human being, too emerging out as a perfect model for the entrepreneurs out in the business world.

WHO IS WARREN BUFFET?

Warren Buffet (born August 30, 1930) is worth $85.6 billion alongside running a multinational company, Berkshire Hathaway with a sharp-minded, witty, and frumpy appearance. He is a business tycoon, philanthropist, as well as the most successful American investor in the world.

WHY EVERY ENTREPRENEUR SHOULD LOOK UP TO WARREN BUFFET?

Warren Buffet is confident, consistent, determined, workaholic, and also humble enough to offer his wisdom to others. Therefore, he is highly regarded and admired in the unpredictable world of business for his work ethic and humility. These all little, simple, but worth-considering character habits make him the perfect model among entrepreneurs to look up to.

THINGS EVERY ENTREPRENEUR SHOULD LEARN FROM WARREN BUFFET

Out of all the good things about Warren Buffet, 5 simple but workable lessons from his life to helping thrive as an entrepreneur in the business world or maybe to become a better person in the world are as follows:

1. EXPOSE YOURSELF TO READING

One of the secrets of Buffet’s successful business journey is he reads a lot. Warren has the perspective that nothing in this world can “beat reading” because it helps an individual developing an “inquisitive mind.” Warren takes the habit of reading as a must-to-do thing for an entrepreneur because it helps him “having an array of great ideas” he/she can be “exposed” to in order to thrive in the world of business.

2. APPRECIATE THE WAY WHO YOU ARE AND WHERE YOU ARE

The reason he still lives in his old house although he is worth $85 billion makes him a perfect model for every entrepreneur to glean one or two good things from his life. He eats the same meal as a commoner. He rides his same gold Cadillac to reach his workplace all by himself. These simple little habits of accepting his real self are the secret of Buffet’s success.

3. MONEY OR FAME ARE NOT THE PARAMETERS TO MEASURE SUCCESS

One of his set rules, in order to be successful in the business world, is money or fame neither can bring you happiness nor can buy you success. He always says that he knows loads of people “famous in their activities, but their lives were not at all successes.” Success for him is having the love, trust, and care of people around you like your children, spouse, and co-workers.

4. PURSUE WHAT YOUR HEART WANTS

Warren Buffet always performs and invests in what he loves. He truly loves what he does and he does only the things his heart wants to pursue. Despite he is the world’s 4th wealthiest person; he considers it a mistake to pursue anything just for the sake of status or money.

5. CONSISTENCY IS A GREAT HALLMARK TO SUCCESS

Consistency is a key to Warren’s success as at the age of 87 now he is still performing the most difficult things in the world. His control of himself helps him critically to be consistent in achieving the heights of success. He still performs mentally-intensive tasks as he was performing a decade back.

CONCLUSION

There is a list of so many good things to learn from the life of Warren Buffet which is a bit daunting task to curate. So, pay heed to the above-mentioned top 5 Warren Buffet’s life-lessons to land into the business world with dignity and a guaranteed success rate. Happy hunting!