I recently read Warren Buffett’s Ground Rules. It’s a book about Warren Buffett’s investing principles in his partnership years (1956 – 1970), the years before Berkshire Hathaway. The idea of the book is that he managed a relatively small sum back then so the principles are more applicable to individual investors. The book is an investing book, but also I learned life lessons from it. Here are eight timeless life lessons from Warren Buffett that can help you get ahead in life:
A while back, I read Grinding It Out. It tells the fascinating story of how Ray Kroc built McDonald’s. One interesting thing is that he only started building McDonald’s when he was already 52! You might think that at that age someone’s ‘golden age’ has passed; they wouldn’t build something new, let alone something big. But the story of Ray Kroc proves otherwise. It proves that it’s never too late to build something big in your life.
Let’s talk about stress, baby…! Have you looked around lately? Almost everybody is stressed! Everybody has too much to do and not enough time. Burnout rates are higher than ever before. Even though we live in the greatest luxury… we keep stressing ourselves. Think about it: stress sucks all the fun out of life.
The word professionalism seems so boring, and unachievable. Everyone who goes out and works majorly thinks giving their best shot during the regular work hours is what professionalism all really is. But professionalism is so much more than this. It is beyond the bounds of prescribing the most effective drugs or the long list of successfully won cases of a lawyer and apparently much more than the catchy and convincing speech of the salesman.