10 most inspiring Advice From Warren Buffet In summary, if you want to be rich, do the opposite of what every

10 most inspiring Advice From Warren Buffet In summary, if you want to be rich, do the opposite of what everyone else is doing, say no to unproductive activities, avoid bad habits select your friends carefully, be disciplines and patient because it takes time to achieve anything worthwhile. Advice number#1. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful Be different! Advice number#2. No matter how great the talent and efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant Advice number#3. It is better to hang out people who are better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction. Cut yourself off from negative and unmotivated people. Advice number#4. You won’t keep control of your time unless you can say ‘no’. You can’t let other people set agenda in life The more “NO” we can say to distractions, the more time we’ll have to be productive at things that really matter. Advice number#5. You dont have to be smarter than the rest. You have to be more disciplined than the rest Discipline, practice, dedication and persistence are what you need to be successful. Advice number#6. Risk comes from not knowing what you’re doing Take for instance, more than 90% of people who are planning to start their own businesses will never take time to study or read even 10 books about business, not to talk of 100, yet, we all believe that business and investing are risky. The real risk is in your ignorance. To reduce risk, seek knowledge Advice number#7. The chains of habit are too light to be felt until they are too heavy to be broken. Advice number#8. Enjoy your work and work for whom you admire Since you are going to spend more than 50% of your entire adult life working and planning to work, you better do all you can do what you enjoy. Advice number#9. You can’t buy what is popular and do well. Whenever anything becomes popular, the game is over. Be it a business idea or an investment opportunity. When you read about it in the news, it’s too late to call it an opportunity. Don’t live by noise. Advice number#10. Never invest in a business you cannot understand. Don’t be a generalist. Be a specialist. Choose one or few field you’re interested in, study every day to know what nobody knows about such field and say “No” to any other thing you don’t understand. If you cant take time to study any business, dont ever invest in it because everyone is doing so.