E03 – Warren Buffett: The Life, Lessons & Rules For Success

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This week we are pondering on the life lessons we can learn from Warren Buffett around cultivating financial and business success in our own lives.

Check out the book on amazon at Warren Buffett: The Life, Lessons & Rules For Success.

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What are some of the KEY take aways in the book:

Learn how to save!!

Have integrity – do what you say and say what you do! Build trust with the people you work with.

FOCUS, according to Bill Gates and Warren Buffett is the number one attribute you require in life to achieve success.

SUCCESS PLAN

Have a goal (SMART goals)

Make a plan with specific measurable milestones

Take action. Start taking action on the first step in your milestone list.

Failure is a milestone, not a destination. Persistence, consistency is essential until you achieve your goal.

Never doubt your ability to achieve success. In Warren Buffet’s words “I always knew I was going to be rich. I never doubted it for a minute.” Believe in yourself!!!

One of the most important decisions you will ever make in your life is who you choose as your life partner.

You want to associate with people who are the kind of people you would like to be.

Ultimately – they will have the most influence on you in the long term and this includes your career.

A study done in St Louis by Brittany Sullivan and Joshua Jackson at Washington University has shown us that having a conscientious spouse who is involved in the career of the other spouse can boost one’s salary significantly.

Why?

Because conscientiousness means taking the time to involve oneself in the activities that allow the other partner to flourish.

This attentive attention comes across as support.

People with a conscientious partner are 60% more likely to become promoted and flourish in succeeding at their long term goals.

Published by

sueellisonwhyte

Australian legal practitioner

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