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12 Empowering Lessons From The Multi Billionaire “Warren Buffett”

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An Entrepreneur, a philanthropist, a billionaire and an extra ordinary genius investor, Warren Buffett is the fourth richest man in the world and the second richest man in the United States after Bill Gates.

Warren Buffett began investing at the ripe young age of 11 and by the age of 13 he was into his own business as a paper-boy, selling his own horse racing tip sheets. Nowadays, Buffett is the Chairman and CEO of Berkshire Hathaway, a multinational Corporation with a net worth of $162 Billion in revenues, as of 2012. But the better part of him, apart from his money and businesses, is his ethics and moral values. He is truly a philanthropist who has vowed to give away his entire wealth of $58.5 Billion to Charity.

Throughout his life, Warren Buffett has shared some worthwhile thoughts on life, generosity, money and investments.

We have featured a lot of Warren Buffett Quotes and Videos on Addicted2Success over the years but here are the top 12 Empowering Lessons from Business Magnate Warren Buffett.

 

The Best Quotes By Warren Buffett

 

1. Value Your Reputation

It takes 20 years to build a reputation and five minutes to ruin it. If you thing about that, you’ll do things differently.  ~ Warren Buffett

Value your own self and your company’s reputation the most. As he says, it may take plenty of time to build a reputation but only a single deed to lose it in a puff. So build your reputation and never do anything that could compromise it.

 

2. Work For a Better Future

Someone’s sitting under the shade today because someone planted a tree a long time ago. ~ Warren Buffett

If you aspire for a better future, then you must sow the seeds accordingly. What you enjoy now is the result of your previous efforts. You have to put all your sweat in what you do and make the most now, to lead a better future.

 

3. Bring Value

Price is what you pay. Value is what you get. ~ Warren Buffett

You value any brand because of its services, it’s the same thing which is applicable to you when you provide your own service. Your brand’s value is determined by the service you offer.

 

4. Be Around Better Company

It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction. ~ Warren Buffett

If you want to be successful than you must be surround yourself with successful people, you tend to become that with whom you spend your time most. So choose wisely the people you spend your time with.

 

5. Patience Is The Key

NO matter how great the talents or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant. ~ Warren Buffett

Apart from the talent and all the persistent efforts you make, what matters the most is patience. You need to have patience to achieve success in any endeavour you take.

 

6. Take Calculated Risks

Risk comes from not knowing what you’re doing. ~ Warren Buffett

You must take risk but it should be a calculated risk. Calculated risks are the risks which you take after considering a lot and you know exactly what you’re doing. It is better to take calculated risks rather than running from facing risks.

 

Warren Buffett Quote Money
 

7. Do What You Love

There comes the time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age? ~ Warren Buffett

Simply, do what you love. Most of the people are just ruining their lives by living on other’s interest. Follow your passion; find that job in which you find leisure. The day when you don’t feel your work as a job anymore that is the day you’ll taste the satisfaction of a success.

 

8. Know Your Competition

In the business world, the rear-view mirror is always clearer than the windshield. ~Warren Buffett

Knowing your competition is always better than knowing yourself. To keep a track on your competition is a must for any business. Successful businessmen always see how their competitors have performed in the past and measure where they may need to head in the future if they want to take edge over others.

 

9. One Step At A Time

I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. ~ Warren Buffett

No one is really an overnight success; you’ve got to take baby steps towards your success. Always take small and sustained leaps to your end goal and aim for efficiency by knocking each talent down 1 at a time.

 

10. Learn To Say “No”

The difference between successful people and really successful people is that really successful people say no to almost everything. ~ Warren Buffett

You have to pick the your ventures carefully and start saying “no” to the nuisance ideas around you, by doing this you would definitely become a winner. Too many eggs in the basket can burden the load.

 

11. Honesty Is A Rare Policy

Honesty is a very expensive gift, don’t expect it from cheap people. ~ Warren Buffett

Don’t expect everyone around you to be straight forward with you. Stay close to those who are loyal, honest and true. Keep safe people around you.

 

12. Take Control

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. ~ Warren Buffett

You are the master of your life and you should never give the steering wheel of  life to any other. You must take control and sail your self, don’t get carried away by the tides. Time is your most valuable asset, so use your time very wisely.

 

warren buffett billionaire picture quote

 

What is your favorite Warren Buffet Lesson?

Vishnu Verma is the founder of CallingDreams.com. With a long time passion for blogging and Entrepreneurship, Vishnu started his blog to inspire and empower people to follow their passion and should go for their dreams. Visit his website CallingDreams to check out the latest inspiring posts.

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32 Comments

32 Comments

  1. Jullian Regina

    Sep 28, 2015 at 4:51 am

    He’s basically the God father of investing, I can’t believe how many tips Mr. Buffett has. I listened to an audio book of his once, it was a lot of note taking, such valuable advice. With the way our markets and institutional investors have been I hope more people see the world as Mr. Buffett does.
    Great article!!

    Jullian

  2. Anne

    Mar 29, 2015 at 5:27 pm

    How to be a greedy basterd.

  3. David

    Mar 27, 2015 at 5:30 pm

    Wow this’s a great Lessons and powerful post, very impressive

  4. Nigel Abery

    Mar 23, 2015 at 10:50 am

    Buffett may be uber rich but his wealth of knowledge is greater. He also seems like a great guy. His quotes in this post a pretty awesome also. Nice one!

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6 Inspiring Quotes From Lucille Ball That Will Motivate You to Stand Out and Reach for the Stars

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Image Credit: Getty Images

The original “Queen of Comedy” Lucille “Lucy” Ball, continues to be an icon of fiery sass and humor for every generation. Her timeless comedic talent still sets the standard for those desiring to follow in her celebrated entertainment footsteps.

Here are six inspiring quotes from her that will motivate you to stand out from the crowd and never give up on your dreams:

1. “One of the things I learned the hard way, was that it doesn’t pay to get discouraged. Keeping busy and making optimism a way of life can restore your faith in yourself.”

In business and our personal lives, we are bombarded daily by outward criticism and inward self-doubt. In order to realise the success we strive for and attain the goals we hope to achieve, it’s important to practice a strong positive outlook.

Although Ball was known for being an inherently shy girl, when she was 15 years old, she convinced her mom to allow her to attend New York Drama School. The administrator of the school, unable to see the talent hidden behind the shyness, wrote to her mother telling her not to “waste her money and the school’s time with this shy, awkward young lady.”

Refusing to be deterred by the shortsighted criticism, Ball dug in her heels, overcame her shyness, and went on to become the talented comedic actress and icon we know and love today. Just imagine how unfortunate it would have been if she had taken the negative criticism to heart and decided to give up her passion.

2. “Luck? I don’t know anything about luck. I’ve never banked on it and I’m afraid of people who do. Luck to me is something else: Hard work—and realising what is opportunity and what isn’t.”

Today, we are very much conditioned to expect instant gratification in all areas of life. It’s important to remember, however, that true personal and professional success is achieved through tenacity and hard work. Very seldom does “luck” play a substantial role in building a solid and promising future.

Few people may realise that beyond the laughter and crazy shenanigans that Ball is so well known for, she was a trailblazing businesswoman who mapped out her professional path and keenly took advantage of opportunities that came her way.

Behind the scenes, she was co-creator, owner, and partner of Desilu Productions with her husband, Desi Arnaz. I Love Lucy was the first real sitcom developed by a husband and wife team, and under Desilu Studios, the show pioneered the multi-camera shot and filmed in front of a live audience—something no one else was doing at the time.

Being a female owner of a film production company in the 1960s was unprecedented. But, Ball didn’t stop there. Instead, she would eventually buy out Desi and become the first female CEO of a major television and movie production company. Her hard work and perseverance created a legacy to last for generations.

3. “I’d rather regret the things I have done than the things that I haven’t.”

Regrets are a fact of life both personally and professionally. However, most of us would probably admit that we learned some valuable things about ourselves from past mistakes and mishaps. Most would agree that our biggest regrets are related to the opportunities and experiences that we didn’t seize when we had the chance.

Ball’s career in the entertainment world was full of various ups and downs that included many B movies and lackluster performances. However, she continued to forge ahead learning from each and every experience. She was forty years old when she finally hit her stride and began her journey with I Love Lucy. Ball didn’t let the fact that Hollywood considered her to be “old” to stop her from fulfilling her dreams.

Instead of letting the long road of disappointments and closed doors discourage her, Ball refused to give up and found a way to create her own destiny and achieve the success that she had worked so hard for.

4. “I dyed my hair this crazy red to bid for attention. It has become a trademark, and I’ve got to keep it this way.”

We live in a culture where most of us just want to fit in. There is a pressure to conform to a set of expectations in both our professional and personal lives. However, it’s often when we take a risk to set ourselves apart, that doors of opportunities and experiences open for us.

For example, Ball’s natural hair colour was a light to medium brown with reddish tones. Early in her career, she bleached it blonde in hopes of being able to compete with the plethora of bombshell blondes of the era. She eventually realised, however, she needed to stand out, not blend in!

In a past interview, Ball is quoted stating, “Not being a beauty, I hated any part in a picture which depended on beauty. I resented work where looks were that important. There are so many glamour girls that I felt it was silly for me to try to compete with them.”

Dyeing her natural brown hair the colour red was one of the greatest risks Ball took early in her career, but it became one of the late comedian’s most beautiful physical features that helped her stand out and succeed in Hollywood. She shared, “I had to learn to concentrate on developing my personality—to have an individual approach. The way you feel about yourself has a lot to do with the impression you make.”

5. “The more things you do, the more you can do.”

We should never stop striving to learn new skills and grow in knowledge. Taking the steps to constantly evolve in our understanding of our professional and personal life—as well as the world around us—helps build a firm foundation for our present and future.

Ball was a true pioneer for the women of her time. She was not afraid to tackle new things or learn more about the production and business side of her career even though she was encroaching on a man’s world at the time. She knew that any knowledge she gained about the entertainment business would help ensure her future success.

For example, behind the scenes, Ball was an integral part of the business operations of Desilu Productions. She was one of the final voices in all decisions made regarding the show and the production company. And it didn’t stop there. In front of the camera, she portrayed a determined woman diligently trying to work outside of the home in various careers while still tackling the responsibilities of being a housewife and a mother. To put it simply, she just wasn’t scared to try something new.

It’s important to not let fear of failure, or the unknown, deter us from taking chances to break the mould and step out of our comfort zone. The possibilities for growth, success, and achievement are endless.

6. “Love yourself first and everything else falls into line. You really have to love yourself to get anything done in this world.”

It’s quite profound how much we can learn from the fortitude and spunk exuded from Lucille Ball, the “Queen of Comedy.” As we’ve seen through these quotes, Ball refused to let others dictate who she would become or what she would achieve. Instead, she had a firm grasp on her own self-worth and was determined to forge ahead to fulfill her dreams.

She demonstrated that self-confidence and inner strength are vital to professional and personal success—a lesson that we would all be wise to remember.

Which one of the above Lucille Ball quotes was your favorite and why? Share your thoughts with us below!

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30 Inspirational Quotes by Michelle Obama That Will Lift Everyone Up

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Image Credit: Crown Publishing

Michelle Obama, wife of former United States President, Barack Obama, an American lawyer and writer, a former First Lady of the United States of America, a mom, an author and a style icon. In the eight amazing years that she served as the First Lady of the United States of America, she managed to become an inspiration for women all across the globe.

She has always spoken and worked towards equal rights for women, education for girls and healthy living. She is the proper definition of the modern-day revolutionary woman. Over the last couple of years, she has been encouraging people everywhere with her incredible words of wisdom and motivation. Every single person – young or old, is sure to take inspiration and motivation from her words.

Here are 30 quotes spoken by Michelle Obama:

1. “When they go low, we go high.”

2. “Success isn’t about how much money you make. It’s about the difference you make in people’s lives.”

3. “Always stay true to yourself and never let what somebody else says distract you from your goals.”

4. “The only limit to the height of your achievement is the reach of your dreams and your willingness to work hard for them.”

5. “Being a healthy woman isn’t about getting on a scale or measuring your waistline. We need to start focusing on what matters – on how we feel, and how we feel about ourselves.”

6. “As women, we must stand up for ourselves. As women, we must stand up for each other. As women, we must stand up for justice for all.”

7. “No matter who you are, no matter where you come from, you are BEAUTIFUL.”

8. “Always stay true to yourself and never let what somebody says distract you from your goals.”

9. “No country can ever truly flourish if it stifles the potential of its women and deprives itself of the contribution of half of its citizens.”

10. “You don’t have to say anything to the haters. You don’t have to acknowledge them at all. You just wake up every morning and be the best you can be. And that tends to shut them up.”

11. “Instead of letting your hardships and failures discourage or exhaust you, let them inspire you. Let them make you even hungrier to succeed.”

12.Empower yourselves with a good education, then get out there and use that education to build a country worthy of your boundless promise.”

13. “When girls are educated, their countries become stronger and more prosperous.”

14. “Success is only meaningful and enjoyable if it feels like your own.”

15. “Choose people who lift you up.”

16. “The difference between a broken community and a thriving one is the presence of women who are valued.”

17. “Don’t be afraid. Be focused. Be determined. Be hopeful. Be empowered.”

18. “Just do what works for you because there will always be someone who thinks differently.”

19. “Every girl, no matter where she lives, deserves the opportunity to develop the promise inside of her.”

20. “Just try new things. Don’t be afraid. Step out of your comfort zones and soar.”

21. “Do not bring people in your life who weigh you down. Trust your instincts, good relationships feel good, they feel right, they don’t hurt.”

22. “The one way to get me to work my hardest was to doubt me.”

23. “Don’t ever make decisions based on fear. Make decisions based on hope and possibility. Make decisions based on what should happen, not what shouldn’t.”

24. “I have learned that as long as I hold fast to my beliefs and values – and follow my own moral compass – then the only expectations I need to live up to are my own.”

25. “Changing the big picture takes time… and the best thing to do is focus on the things that we can make in our lives. If we’re doing all that – that becomes the collage of real change.”

26. “People who are truly strong lift others up. People who are truly powerful bring others together.”

27. “We need to do a better job of putting ourselves higher on our own ‘to do’ list.”

28. “You can’t make decisions based on fear and the possibility of what might happen.”

29. “I am an example of what is possible when girls from the beginning of their lives are loved and nurtured by people around them. I was surrounded by extraordinary women in my life who taught me about quiet strength and dignity.”

30. “If my future were determined just by my performance on a standardized test, I wouldn’t be here. I guarantee you that.”

What is your favorite quote from Michelle Obama? Comment Below!

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90 Success Quotes You Should Have Tattooed On Your Body!

Joel Brown (Founder of Addicted2Success.com)

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Today we have 90 of the Beefiest Success & Motivation Quotes you should have tattooed on your body. (more…)

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42 Les Brown Quotes That Will Intensify Your Motivation

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35 Les Brown Quotes That Will Intensify Your Motivation

As a motivational speaker, author and politician, Les Brown has risen to international prominence by delivering a high energy message which tells people how to shake off mediocrity and live up to their greatness. (more…)

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