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Recommendations wishing to get rich from investor Warren Buffett
1. Reinvest profits
When you earn a lot of money first, you might be tempted to spend it. Do not do that. Better put them in a business that seems profitable to you. I figured it out early, while still in high school. My friend and I bought a used pinball machine and installed it at the hairdresser. We did not spend the money we received, as ordinary teenagers would do in our place, but began to buy other automata. For 26 years I had been $ 174,000, which in today’s money is $ 1.4 million
2. Be ready to be different Continue reading
Why is passion important to business?
You have to love what you do – otherwise you will never succeed in life. If you love your work, you will work tirelessly, try to surpass your achievements and eventually become much more enjoy life. The most important moments on the road to success is to know your business and love what you do. This allows you to solve many complex problems.
Here is the very first paragraph from my first book, The Art of Making Deals: “I don’t do this for money. I have enough money – more than I can ever need. I do it for the sake of the case itself. Continue reading
Success Lessons from Henry Ford
1. Serve others.
“A business absolutely dedicated to services will have a slight concern for profit. It will be indecently big. ”
The secret to success is serving others. All successful people serve, the greater the success, the greater the service. Wealth is created from services, and comes only through services. Ford said: “Wealth, exactly, like happiness, cannot be achieved by direct search. It comes as a by-product of providing useful services. How do you serve?
2. Focus. Continue reading
