Success Advice
Multi-Billionaire Warren Buffett’s 5 Tips To Live By

Multi Billionaire Investor ‘Warren Buffett‘ who once was ‘The Richest Man In The World‘, shares his 5 major rules to living a successful life.
Warren Buffet’s 5 Life Tips
On Earning: “Never depend on a single income. Make Investments to create a second source.”
On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
On Savings: “Do not save what is left after spending, spend what is left after saving.”
On Taking Risks: “Never test the depths of the river with both of your feet.”
On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”
Here are five lessons that the Oracle of Omaha – Warren Buffett passed on to his son, Peter Buffett.
Stay in Milwaukee
In other words, follow your own path, not the approach taken by everyone else. After his big career breakthrough – scoring the memorable “Fire Dance” scene in the Oscar-winning film ‘Dances with Wolves’ – Peter Buffett didn’t move to Hollywood. Instead he continued to live in Milwaukee, and remained true to himself. His father, of course, did the same thing, remaining in his home town of Omaha instead of following the investing herd and moving to Wall Street. Warren Buffett has said this makes him a better investor, because he doesn’t get caught up in the fear, greed or conventional wisdom that other investors fall prey to.
Give Your Kids Opportunity, Not Handouts
Peter Buffett says his father helped him get started, but didn’t give him so much money that he could just sit back and live off the inheritance. As Warren Buffett put it: “Enough to do anything but not enough to do nothing.” It’s a useful starting point even if you’re not in Buffett’s league when it comes to wealth. You might decide to pay your children’s way through college, for example, but tell them that after that, they’re on their own.
Give to Charity, and Get a Lot Back
Sure, Peter Buffett may have a little more to drop in the collection plate than you do, but the lesson he learned still applies. In 2006, Warren and Susan Buffett gave each of their kids $1 billion to give to charity. With his wife, Jennifer, Peter launched the NoVo Foundation, which helps girls and women around the world who “suffer from violence, poverty and discrimination simply because they are female.”
Peter remembers his dad asking: “Do you think this will affect your music?” “I didn’t know what he was talking about,” Peter says — but then the work he was doing with girls in Africa started to seep into his art. “My music has taken all these interesting turns because of the foundation. Which I never would have expected.”
Invest in Potential
Great investors and smart bettors understand that biggest returns come not from the best company or the fastest horse, but the most undervalued stock or the least appreciated steed. Peter Buffett said he applied his father’s investing wisdom to his charitable foundation: “If you invest in an undervalued asset and just let it grow, the market will catch up and recognize its value and you’ll get a huge return,” Peter Buffett says. “To me, that’s an adolescent girl in the developing world.”
Do What You Love
“[My Dad] always said, ‘Do what you love,’” says Peter. “That was critical. Really, my Dad and I do the same thing … He told me: ‘Don’t settle for anything other than your passion – if you’re lucky enough to find it.” But finding it, Peter says, is the hardest part.
5 Lessons for Peter Buffett from Warren Buffet originally appeared here
Success Advice
Is Leading Exhausting? This Strategy Will Change Your Business
The future of leadership isn’t about doing more, it’s about leading differently

Managing a team often feels like a constant battle. You’re buried in meetings, overwhelmed by emails, and always fighting fires. Just when you think you’ve got a grip on things, new demands, shifting priorities, and AI-driven changes throw everything into disarray. Finding time to think strategically seems impossible, let alone feeling in control of your work. (more…)
Success Advice
The Real Secret Behind the Law of Attraction And How to Use It Effectively
The Law of Attraction isn’t just a mystical concept. It’s a mindset

The Law of Attraction recently captured my attention again when I watched The Secret on Netflix on July 19, 2020.
Although I’ve written about it before in various formats across my award-winning books, I felt inspired to explore it more deeply here for the benefit of new readers and those curious about how this principle works in everyday life. (more…)
Success Advice
Want to Set Goals and Achieve Them Like Never Before? Try the KASH Method
Goals aren’t just about achievement. They’re about growth

Everyone should have goals in life. Goals give us direction. They motivate us to take action, stay focused, and keep moving forward even when things get tough. When you have something to aim for, each day feels more purposeful. (more…)
Success Advice
7 Lessons My Mom Taught Me That Every Young Man Needs to Hear
These 7 lessons turned me into the man I am today
-
Success Advice4 weeks ago
How to Stay Calm, Think Smart, and Lead When Everything Feels Uncertain
-
Success Advice4 weeks ago
7 Lessons My Mom Taught Me That Every Young Man Needs to Hear
-
Success Advice3 weeks ago
Want to Set Goals and Achieve Them Like Never Before? Try the KASH Method
-
Entrepreneurs3 weeks ago
How Savvy Entrepreneurs Use Their Homes to Build Wealth
-
Success Advice2 weeks ago
The Real Secret Behind the Law of Attraction And How to Use It Effectively
-
Entrepreneurs2 weeks ago
Starting a Business Was the Most Spiritual Thing I’ve Ever Done
-
Life1 week ago
The Surprising Mental Health Tool You Probably Haven’t Tried
-
Success Advice1 week ago
Is Leading Exhausting? This Strategy Will Change Your Business
13 Comments