American businessman and philanthropist Warren Buffett gives three career tips for anyone looking to build a successful career.
Key Details
- Warren Buffett, who is widely considered the most successful investor of the 20th century, gives three of his tips on building a successful career.
- His tips for personal and professional development…
- Do the things you love.
- Do the things you’re good at.
- Learn and practice good habits.
- The investment tycoon gives tips to anyone wanting to build a career, starting with his three basic steps around changing bad habits.
Why it’s important
Legendary investor Warren Buffett has many tips about wealth investing, and he says it all starts with changing bad habits.
He says the three main tips for personal and professional development are to do what you love, do what you’re good at, and learn and practice good habits.
Buffett gives the advice to do the things you love, which isn’t heard much in the business world. He says to choose a career path that you enjoy and aligns with your beliefs. He says he thoroughly enjoys his job, and it makes him happy.
“I love every day. I mean, I tap dance in here and work with nothing but people I like. There is no job in the world that is more fun than running Berkshire, and I count myself lucky to be where I am,” he says.
His next step seems to be common sense, but it remains important—do the things you’re good at. He says that successful people know their strengths and weaknesses.
“You don’t have to be an expert on everything, but knowing where the perimeter of that circle of what you know and what you don’t know, and staying inside of it, is all-important,” he says.
It is important not to waste time trying to do things you are not capable of
and excel in what you are good at.
His last tip is to learn and practice good habits. He says it is extremely important to catch bad habits and change them before they change you for the worse.
“You can get rid of it a lot easier at your age than at my age because most behaviors are habitual,” he said in a speech given at a college. “The chains of habit are too light to be felt until they are too heavy to be broken.”
He says that bad habits can be changed later on, but it is easier to address the concern before it becomes a problem and change it so you can be the best version of yourself.