7/28/2010

How To Think Like A Billionaire


Warren Buffet is considered by many to be the greatest investor in the last 50 years. Since he is the 2nd richest man in the world, I guess we can agree with that sentiment. He is a billionaire many times over (40-50 times). Certainly he has something insightful for the rest of us to improve our lives.

Buffet, true to his nature, has three keys to success in life.

1. Have The Right Heroes

Pattern your life around the actions of someone you admire. Make then a mentor by utilizing their life as a blueprint for yours. Action is the key to success and success leaves clues. Having a hero will enable you to follow the path that was already laid out for you.

2. Follow Your Passion

Warren Buffet absolutely loves the stock market. There is not a person on this planet who enjoys researching and finding quality companies at an inexpensive price. With $40 million, this man doesnt need to work but he shows up everyday even though he is more than a decade past the usual retirement age.

3. Invest In Yourself

We all need to do the things that will improve our lives. Our minds are a powerful computer. Pack it full of powerful ideas. Read the books that will enhance your mindset. Invest in a series of audio tapes so that you can cram useful information during your daily drive.

These are the three keys to success according to one of the richest men in the history of the civilized world. I think his ideas say it all. This is how you think like a billionaire.

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