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Warren Buffett’s 10 Inspiring Tips For Young People

Warren Buffett’s 10 Inspiring Tips For Young People

Advice from One of the World’s Wealthiest Men…and Wisest

I know the article title mentions these tips are for “young people,” but hey, I did not realize the value of self-development until I was in my late twenties and early thirties.  Imagine right now you have received a special meeting with Warren Buffett. Here are ten things he would tell you, to help you improve yourself, give yourself better opportunities for success in the future, or just light a fire under your rear-end to get you motivated.

Invest in “you” before anyone else.

Listen, you will probably hear everyone around you telling 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.

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Break your bad habits early.

What is one habit you need to ditch, right now? For me, looking back, it was spending habits. They were worse than bad. Beyond horrible. As a teenager and 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.

Hire a mentor.

Finding someone you admire is cute. Many people have their “role models”, there is not anything wrong with this. Find an influence in your particular area of interest, find someone to mentor you. Don’t be a taker all the time from them either. Your mentor, if you are lucky enough to find someone to pour into you, is there to help you, give back to them, or you won’t have them long.

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.

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Do what you love.

Warren Buffett once said, “Work at a job you love.” Why would a billionaire say this? I believe it is because he understands nothing can bring you happiness if you spend your life in misery.

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 from a fit of rage. Use good judgement. Use common sense. This seems to be rare these days.

Don’t pass up good opportunities.

Sometimes good opportunities come along and we do not realize 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.

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Tick-tock, protect your clock.

The sooner you realize your time is your most valuable asset, the sooner you will begin to protect your time. Listen, 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.

Be kind.

Kindness is one of the lost arts of our society. Love others. Do we always agree? Of course not. Does this mean we have permission to be raving jerks? Nope. Learn kindness, learn it early, use it often.

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Featured photo credit: KIZAZ via cdn.kizaz.com

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J. A. Davis

Founder & Owner of Enlivify Total Solutions, LLC

Why Complainers Are The Most Miserable Ones In The World 10 Things to Know Before You Say “I Do” to Lifetime Commitment Warren Buffett’s 10 Inspiring Tips For Young People

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Last Updated on July 18, 2019

What Makes People Happy? 20 Secrets of “Always Happy” People

What Makes People Happy? 20 Secrets of “Always Happy” People

Some people just seem to float through life with a relentless sense of happiness – through the toughest of times, they’re unfazed and aloof, stopping to smell the roses and drinking out of a glass half full.

They may not have much to be happy about, but the simplicity behind that fact itself may make them happy.

It’s all a matter of perspective, conscious effort and self-awareness. Listed below are a number of reasons why some people are always happy.

1. They Manage Their Expectations

They’re not crushed when they don’t get what they want – or misled into expecting to get the most out of every situation. They approach every situation pragmatically, hoping for the best but being prepared for the worst.

2. They Don’t Set Unrealistic Standards

Similar to the last point, they don’t live their lives in a constant pursuit towards impossible visions of perfection, only to always find themselves falling short of what they want.

3. They Don’t Take Anything for Granted

Happiness rests with feeling fulfilled – those who fail to stop and appreciate what they have every now and again will never experience true fulfillment.

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4. They’re Not Materialistic

There are arguing viewpoints on whether or not money can really buy happiness; if it can, then we know from experience that we can never be satisfied because there will always be something newer or better that we want. Who has ever had enough money?

5. They Don’t Dwell

They don’t sweat the small things or waste time worrying about things that don’t really matter at the end of the day. They don’t let negative thoughts latch onto them and drain them or distract them. Life’s too short to worry.

6. They Care About Themselves First

They’re independent, care for themselves and understand that they must put their needs first in order to accommodate the needs of others.

They indulge, aim to get what they want, make time for themselves and are extremely self-reliant.

7. They Enjoy the Little Things

They stop to smell the roses. They’re accustomed to find serenity when it’s available, to welcome entertainment or a stimulating discussion with a stranger when it crosses their path. They don’t overlook the small things in life that can be just as important.

8. They Can Adapt

They’re not afraid of change and they work to make the most out of new circumstances, good or bad. They thrive under pressure, are not overwhelmed easily and always embrace a change of pace.

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9. They Experiment

They try new things, experience new flavors and never shy away from something they have yet to experience. They never order twice from the same menu.

10. They Take Their Time

They don’t unnecessarily rush through life. They work on their own schedule to the extent that they can and maneuver through life at their own relaxing pace.

11. They Employ Different Perspectives

They’re not stuck in one perspective; a loss can result in a new opportunity, hitting rock bottom can mean that there’s no where to go but up.

12. They Seek to Learn

Their constant pursuit of knowledge keeps them inspired and interested in life. They cherish information and are on a life-long quest to learn as much as they can.

13. They Always Have a Plan

They don’t find themselves drifting without purpose. When something doesn’t go as planned, they have a plan for every letter in the alphabet to fall back on.

14. They Give Respect to Get It

They are respectful and, in turn, are seen as respectable; the respect they exude earns them the respect they deserve.

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15. They Consider Every Opportunity

They always have their eyes open for a new road, a new avenue worth exploring. They know how to recognize opportune moments and pounce on them to make the most of every situation. Success is inevitable for them.

16. They Always Seek to Improve

Perpetual self-improvement is the key towards their ongoing thirst for success. Whatever it is they do, they take pride in getting better and better, from social interactions to mundane tasks. Their pursuit at being the best eventually materializes.

17. They Don’t Take Life Too Seriously

They’re not ones to get offended easily over-analyze or complicate matters. They laugh at their own faults and misfortunes.

18. They Live in the Moment

They don’t live for tomorrow or dwell on what may have happened yesterday. Every day is a new opportunity, a new chapter. They live in the now, and in doing so, get the most out of every moment.

You can learn how to do so too: How to Live in the Moment and Stop Worrying About the Past or Future

19. They Say Yes

Much more often than they say no. They don’t have to be badgered to go out, don’t shy away from new opportunities or anything that may seem inconvenient.

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20. They’re Self-Aware

Most important, they’re wholly aware of themselves. They self-reflect and are conscious of their states of mind. If somethings bothering them, they fix it.

We’re all susceptible to feeling down every now and again, but we are all equipped with the necessary solutions that just have to be discovered.

Lack of confidence, inability to feel fulfilled, and susceptibility to stress are all matters that can be controlled through the way we handle our lives and perceive our circumstances.

Learn about How Self-Reflection Gives You a Happier and More Successful Life.

Final Thoughts

The main philosophy employed by the happiest includes the idea that life’s simply too short: life’s too short to let things get you down, to take things for granted, to pursue absolute and unrealistic perfection.

For some, employing these characteristics is a second nature – they do it without knowing. For others, a conscious effort must be put forth every now and again. Self-Awareness is key.

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Featured photo credit: Charles Postiaux via unsplash.com

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