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Valuable advice from a well-known businessman

Warren Buffett Valuable Advice to Success

Warren Buffett, a businessman and investor who sharpness of his mind so extraordinary that he described as a mix between the physicist Einstein, Picasso artist and creator of the wealthy king Croesus gold coins, in one body.

Here is an interview he had done with CNBC. In the interview some very interesting aspects of his life: and can give advice to us indirectly to success

"Encourage your child to invest"
He bought his first share at age 11 and he now regrets that he started too late.

"Encourage your child to start learning to do business"
He bought a small farm at age 14 with savings from delivering newspapers.

"He still lives in a house with three small rooms in mid-town Omaha, that he bought after he got married 50 years ago"

"Do not buy what is not needed, and encourage your child to do the same"
He says that he has everything he needs in that house. Although the house was no fence.

"Be what you is"
He always drove by yourself if you want to go and he does not have a driver or security of person.

"Enjoy savings"
He never travels by private jet, although he owns the biggest jet company in the world. Berkshire Hathaway, his company, owns 63 companies.

"He writes only one letter each year to the CEOs of these companies, giving them goals for the year"

"Assign the job to the right person"
He never held meetings or calls them on a regular basis.

"Create a clear purpose and focus to make sure nominally for the purpose"
He only gave two rules to the CEOnya. Rule number one is: do not lose any money the shareholders. Rule number two: Never forget rule number one.

"Do not Show off, be yourself and enjoy what you do"
He does not socialize much with the upper classes. His spare time he spent at home watching television while eating pop corn.

Bill Gates, the richest man in the world met for the first time 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet, he had scheduled his meeting only for 30 minutes.

But when he met him, the meeting lasted for 10 hours and Bill Gates keen to learn a lot from Warren Buffet. Warren Buffet does not carry a cell phone on his desk and no computer.

Here is his advice for people who are young:

Stay away from credit cards and invest for yourself and remember: "Money does not create man but the people is what creates the money. Live simply."

"Do not do what others say, listen to them, but do what you think is good."

"Do not force yourself to have branded goods, if only wear what is comfortable for you."

"Do not waste your money on things that are not needed, use the money to help those in need."

"After all people still can not manage your own life.'s You who controls your life completely"


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