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The Psychology of Money

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The Psychology of Money

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Warren Buffett's 26 Secrets to Success in the Business of Life:

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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WARREN BUFFETT

“The best way to pay back a debt is to never have one.”

WARREN BUFFETT

245

3.74K reads

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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3.07K reads

ANDY HEYWARD

“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!”

ANDY HEYWARD

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2.97K reads

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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2.18K reads

BEN FRANKLIN

"A penny saved is a penny earned!"

BEN FRANKLIN

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2K reads

Respect The Customers

  • Do all the little things right every day, then the big things will follow.
  • Treat other people the way you would like to be treated—that’s the best advertisement of all!
  • One of the best ways for a business to stand out is for it to be respectful of its customers, to care for them as if they were friends. Customers almost always prefer to do business with companies that treat them with respect.

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WARREN BUFFETT

“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.”

WARREN BUFFETT

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2.26K reads

WARREN BUFFETT

“The more you learn, the more you’ll earn”

WARREN BUFFETT

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2.51K reads

CURATED BY

prince_rahul

"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."

CURATOR'S NOTE

Warren Buffett's 26 Secrets to Success in the Business of Life..

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