I know the title
mentions these tips are for “Motivational Monday” but hey, inspiration from one
of the world’s wealthiest men is value every day of the week.
So forget what day of
the week it is and imagine that you are granted a special meeting with Warren
Buffett. Here are seven things the man would tell you, to help you improve
yourself, give yourself better opportunities for success or just light a fire
under your ass to get you motivated.
Break Bad Habits Early
What is one habit
you need to ditch, right now? For me, looking backwards, it was spending
habits. They were worse than bad. As a teen money would burn a hole in my
pocket so I would need to spend it and fast! As a young adult I would spend before I
had, and borrow to spend more. Break
your bad habits early. You do not want to learn every life
lesson the hard way.
Know Your Strengths
“You don’t have to be
an expert on everything, but knowing where the perimeter of that circle of what
you know and what you don’t know is, and staying inside of it is all
important,” Warren Buffett said. Understanding how you are created, what your
strengths are, and what your weaknesses are, is one of the most important
things you need to know, immediately.
Invest in “YOU” Before Anyone Else
Everyone around you
tells you to begin investing early. That’s a sweet story and marginal advice,
at best. Do you want to know how fast those investments can disappear? Quicker
than it took you to read these words. Gone. Nothing to show for it all. Invest in yourself. Am I suggesting you
bury yourself in debt to student loans before you are 21 years old? Absolutely
not. In our current age of internet accessibility, you can learn practically
anything you want to, as quick as you want to. Find your passion, invest in
yourself through gaining wisdom, knowledge, and never, ever, stop learning.
Never Risk the Important for the Unnecessary
When you have all of
your necessities, do not go out and risk it all for a temporary moment of
pleasure, or worse from a fit of rage. Use good, sound judgement. Use common
sense. This seems to be rare these days.
Tick-Tock, Protect Your Clock
The sooner you realise
that your time is your most valuable asset, the sooner you will begin to
protect your time. You should learn as much as you can about time management,
now! Once you manage your time, no, once you master your time,
you will be unstoppable. Master your time. Keep an agenda. Protect the clock.
Avoid Credit Cards
Seriously, avoid
credit cards. If you take the bait early on, you will find yourself being a
slave to a rapidly growing slave-master of debt. Learn to live and pay with
cash. If you don’t have the cash, don’t charge it. Learn the self-disciplines
and self-control necessary to master your money early in life.
Don’t Pass Up Good Opportunities
Sometimes good
opportunities come along and we do not realise them. Sometimes, good
opportunities require hard work and we ignore it. Don’t pass up a good
opportunity when it makes you uncomfortable. Most of the time these
opportunities will make you a little uncomfortable.
I hope this helps you
to be outstanding.
One more thing before
you go......spread the word about this article.
That is all -
David
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