Showing posts with label Warren Buffet. Show all posts
Showing posts with label Warren Buffet. Show all posts

Wednesday, December 24, 2008

Making money with Warren Buffet (Part 3): Tests and measurements for success and wealth

Sexy moeny making

To want more money is just not enough these days. As the world economy change, changed and will change – you should stick with success stories like Warren Buffet's in order to make money.

1. Don't give up - Courage is what makes a winner out of an underdog. Use your motivation to overcome your opponents. Years of straggling are good experience.


2. Stop while you can - Anxiety may harm your business plans. You should know what makes you lose and drop it from your plans. Warren once got into track racing and lost twice, leaving his weekly income in the hands of others. The third time never came.


3. Know the risks - Check yourself, your business and mostly your goals and business steps with a simple test-case tool in shape of a simple single three word question sentence: "And then what?".


4. Set goals to measure your success - Warren Buffett never measures success by dollars. In his age, so he says, the success is the percentage of people who love you from the total amount of people you want to love you.


That's it for now, Check out PART 1 and PART 2 for the basics.

Tuesday, December 16, 2008

Making money with Warren Buffet (Part 2): Show me the money Buffet


Warren Buffet is one of the world's most richest people and yes, it means you should listen to him, if you're looking for the big KWAN. What is it and how should you go approach it? Stay tuned.

According to Warren, there are several key methods every business man should practice, in order to make and make more money. Warren Buffet gave 10 major tips you should try your own, here you can find another 3:

1. Double check the terms – Even with your friends and relatives, you should always keep the deals details 'on the table'. Don’t start something you don't know how and when you will get money back.


2. Every small expense which stays in your pocket is a profit – It is very simple to throw thousands of dollars on small, irrelevant and not ROI deals. Watch the small details for small expenses.


3. Have limits – Banks hate this tip, they're all about you borrowing money from them, and that way your success is there's eventually. If you'll limit what you borrow, your loans, credit cards etc will disappear from your life.


That's it for now, come back soon for Part 3 of Warren Buffet money making tips.

Thursday, December 11, 2008

Making money with Warren Buffet (Part 1): Easy tips for wealth and happiness


Warren Buffet has an estimated fortune of over $60 billion and is considered the richest in the world. Yes, that why we all should listen carefully to what he has to say and how he thinks everyone should and could get even a little richer. Try so you won't cry.


These days, even after the big finance crashes all over the world, Warren finds the time to corporate with his fans and colleagues and was whiling to explain how can everyone should and could get richer.


According to Warren, there are several key methods every business man should practice, in order to make and make more money. Warren Buffet gave 10 major tips you should try your own, here you can find the first 3:


1. Profits should be reinvested – Reinvesting profits makes the world go around, makes your bank account dynamic, makes your opportunities choosing skills more better and give you the benefits others straggling to get.


2. Know you can and be different – If you'll base your daily decisions upon what everyone else do and say, you'll make as much as everyone makes, max. The average is the others, and if you want to be – and you want to be – above the average, you should make think differently. Measure yourself according to your own scorecard.


3. A decision should be taken after an easy & fast process. EVERY TIME! – It's worthless to have one decision if 3 minutes and the other in 3 months. Every one of your daily decisions should be taken after a short and very efficient process of 'mind making'. Brian storm about getting the perfect decision making processes.


That's it for now, come back soon for Part 2 of Warren Buffet money making tips.