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Warren Buffett's Tips For Startups

Warren Buffett's Tips For Startups | Startup Revolution | Scoop.it

Buffett's Startups Tips
* Multiple Money - Don't depend on one source of income.

* Spending - Don't buy what you don't need or you will be forced to sell what you do.
* Saving - Spend what is left after saving not other way around.

* Risk Taking - Never test river depth with both feet.


And more tips from the Oracle of Omaha for startups in this Haiku Deck
http://shar.es/1a0BaI

Martin (Marty) Smith's insight:

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Startup & Life Tips From Warren Buffet

Startup & Life Tips From Warren Buffet | Startup Revolution | Scoop.it

There are reasons other than sheer brillance Warren Buffet has way more money than most. He lives by a strict code and these tips share some of that code. Great #startup and life tips. 

My favorites are learning to spend only AFTER saving (hard lesson that one) and the tip about honesty being expensive so don't expect it from "cheap people". I suspect Warren means "cheap" in much more than the monetary sense.  

Richard Platt's curator insight, January 20, 2014 6:31 PM

Just plain old fashioned good advice

Brett.Ashley.Crawford's curator insight, January 21, 2014 7:57 AM

Love the river analogy

Jim Bockrath's curator insight, January 21, 2014 1:51 PM

My Favorite Warren Buffet quote: "Honesty is a very expensive gift.  Do not expect it from cheap people".

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Get HIRED Or BOUGHT By Warren Buffett Tips To Practice TODAY

Get HIRED Or BOUGHT By Warren Buffett Tips To Practice TODAY | Startup Revolution | Scoop.it

Getting hired or bought by Warren Buffett would be cool. This Haiku Deck includes tips inspired by Buffett's interview process so YOU get HIRED or BOUGHT by the Oracle of Omaha.

5 Tips Inspired By Buffett's Interview Process
* Solve puzzles & challenge yourself daily. DO SOMETHING NEW today.
* Achieve a Big Hairy Audacious Goal (BHAG).
* Develop PATIENCE (take a lickin' keep on tickin').
* VIDEO yourself CONSTANTLY.
* LISTEN Better and have loved one GRADE you.

Also tossed in the 5 rules of improv (mostly because I love 'em). Do these things, practice these these ideas and you will be ready when the Oracle calls.

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