Warren Buffett Says What Separates Successful People from Everyone Else Really Comes Down to a 2-Letter Word - Deepstash

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Billionaire Warren Buffett , chairman and CEO of Berkshire Hathaway , learned a long time ago that the greatest commodity of all is time. That's why he is religiously protective of his own time by setting strict boundaries for himself.

This leads to a "Buffett-ism " that has garnered a lot of debate over the years since he said it. It's a quote about the difference between successful people and really successful people.


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The “Buffett-ism”

“The difference between successful people and really successful people is that really successful people say no to almost everything.”


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No To Almost Everything?

That's a tall order. Most ambitious people are driven for results and doing more, not less. If you're an entrepreneur, for example, you are relentless in your pursuit of capitalizing on every opportunity presented to you if it means growing your business and income.

That means saying a lot more "yesses" than "no's."

But is it sustainable?


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While it's true that many successful and high-profile entrepreneurs put in 60 to 80 hours per week, really successful people don't neglect their mental health and self-care or time with family, hobbies, or other interests. They recognize that if they can't take care of themselves, the business suffers.


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Learn To Manage Yourself

As we near the end of the year, this is typically the time people start thinking about what goals to set for the new year. Here’s one suggestion to add to your list based on Buffett's advice:

Learn to manage yourself .


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Manage Yourself, Not Time

Why manage ourselves and not time?

Because we can't manage time. There's no such thing. We all wake up in the morning with the same exact number of hours, minutes, and seconds in a day. We can't control time. As it ticks away, it's gone -- in the past, never to be reclaimed again.


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Focus In What You Can Control

But here's what we can do, and is very much within our control: choose how to use that time by managing ourselves wisely.


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How To Manage Yourself

  1. Say no to opportunities and things that don't speak to your values, or further your personal or organizational mission
  2. Say no to superficial networking. Really successful people don't network. They build relationships.
  3. Say no to overworking by doing all the work yourself. Delegate instead and trust in others' abilities and skills to get the job done.
  4. Say no to neglecting your deepest wishes and desires for what your want to accomplish in life. Stop accommodating and yielding to others' wishes and desires. It's your life, take control of it, and live your calling.


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“An idea is something that won’t work unless you do.” - Thomas A. Edison

Xarikleia 's ideas are part of this journey:

How To Stop Wasting Time

Learn more about personaldevelopment with this collection

Creating a productive schedule

Avoiding procrastination

Prioritizing tasks effectively

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