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1.Don’t Be Afraid to Make Mistakes: Try to learn from your mistakes—better yet, learn from the mistakes of others!
2.Don’t Borrow Money: Think twice before you either borrow money or loan money to someone—especially a friend.
3.Love What You Do: Following your passion is the key to success.
4.Make Time for Both Work and Play: It is important to make the right trade-offs between work and play so we live a balanced lifestyle.
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5.Listen to What Others Can Teach You: The experience of others is the best classroom you will ever find!
6.Always Think of New Ideas: Try to come up with alternate ways of doing things.
7.Always Have a Plan: When you fail to plan, you plan to fail.
8.If You Fail, Try Again: Failure is not falling down; it is staying down.
9.Protect Your Reputation: It takes years to build a reputation but only minutes to ruin it.
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10.The Customer Comes First: Take care of your customer and your customer will take care of you.
11.Open Minds Let In Better Ideas!: Opening your mind can open the door of success.
12.Always Promote Yourself: Successful businesses successfully promote and advertise themselves.
13.Location Is Very Important: Location is a vital part of most businesses.
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“The first three rules for making friends are:
Be pleasant, be respectful, and care for others.
The fourth rule is to pay attention to the first three rules!”
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14.Don’t Be Fooled: If it seems too good to be true, it probably is.
15.Don’t Judge Others: With businesses, like with people, you should get to know them before you judge them.
16.Be Willing to Change Your Ideas: Chains of habit are too light to be felt until they are too heavy to be broken.
17.Your Image Is Important: Price is on the price tag; value is in the eye of the beholder.
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18.Be Thoughtful of Others: If your service is outstanding, you’ll always stand out.
19.Pay Attention to Details: A good business is disciplined to do the little things right every day.
20.How to Present Yourself: It’s not just the outside that counts. It’s the whole package.
21.Your Decisions Affect Your Future: Make sure you stay in school. Failing to complete your education can lead to not achieving your dreams in the future.
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22.Save for the Future: Save money for things you need instead of spending it all on things you want!
23.Be Someone in Demand: Prices are determined by supply and demand.
24.Confidence Comes with Understanding: Don’t get involved in a business you don’t understand.
25.A Lifetime of Learning: Be smarter at the end of the day than you were at the beginning.
26.Partners Make it Easier: Great partnerships will make any job easier.
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“In life, we are all subject to the simple law that there are two things that everyone can supply without limitation: knowledge and love. Do your best to share both of these with others.”
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IDEAS CURATED BY
The more one seeks to rise into height and light, the more vigorously do ones roots struggle earthward, downward, into the dark, the deep — into evil.
CURATOR'S NOTE
Warren Buffett's 26 Secrets to Success in the Business of Life..
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Learn more about books with this collection
How to develop a healthy relationship with money
How to create a budget
The impact of emotions on financial decisions
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