Warren Buffett is the world’s most renowned investor, and at a time, was the world’s richest man. His one guiding principle for the survival of his company -Berkshire Hathaway Inc.- has remained the same for over 3 decades. As someone who has a lot of managers working for his company, you would think he (Warren…
Warren Buffett “the Oracle of Omaha, is worth over $146 billion (2015), money he made principally by investing in the stock market. His success has been the result of some guiding principles for long-term term investment which he has shared publicly in his many interviews. This blog captures some of these for you to learn…
Money myths or half-truths have a way of shaping our financial decisions, often without us even realizing it. From what money “gurus” on social media, what we may have unconsciously picked up for others, to what is conventional “wisdom, here are 7 money myths you should know. Let’s debunk some of the most common money…
Failure is oftentimes not accidental, it is the product of what we do or fail to acknowledge in our journey to achieve our dreams. Here are 10 reasons why even smart people fail in their careers or businesses, and what you should do instead to maximize your chances for success. 1. They say they can’t…
At 20, we have so much to our advantage – we have the energy, time, and ability to learn new skills quickly. Most persons at 20 are also very ignorant and stupid (in many instances). There are things I did back then that I will look at now and scream – “Why in the hell…
What leads to success? There is no better way to answer this question than to listen to the perspectives of those who have succeeded in their fields. Here are eight things that lead to success in life, career, business, or other aspects of our lives 1. Passion A force that motivates people to pursue goals,…
Only one in five new businesses are successful in their first year of launch (according to the US Bureau of Labor Statistics). Less than 1 percent of those eventually become unicorns (privately held firms with over $1B capitalization), such as Airbnb, Stripe, SpaceX, Robinhood, and Uber. With over 150 million startups globally, What one factor…
Successful Entrepreneurs think differently – they have a different mindset. You will also need to think differently to replicate their success. John Mullins – an associate professor of Management Practice at the London Business School- gives us some insights into the mindset of successful entrepreneurs. John Mullins describes these mindsets as “the Counter-Conventional Mindset of…
A large chunk of businesses fail within just a few years of launch. If you want to succeed, you want to make sure you are starting a business where your odds of success are favorable. This blog will highlight 7 businesses with the highest failure rates in the US. We shall explore why they fail,…
