7 Tips from Warren Buffet

Warren Buffett was the most successful investor of the 20th century.
He is the chairman, CEO and largest shareholder of Berkshire Hathaway, consistently ranked among the world's wealthiest people.

7 Excellent tips by Warren Buffet

1) On Earning:
Never depend on single income. Make an investment to create a second source.

2) On Spending: 
If you buy things you do not need, soon you will have to sell things you need

3) On Savings: 
Do not save what is left after spending but spend what is left after saving

4) On Taking Risk:
Never test the depth of river with both feet

5) On Risk: 
Risk comes from not knowing what you’re doing.

6) On Investment:
Do not put all eggs in one basket

7) On Expectations:
Honesty is very expensive gift. Do not expect it from cheap people.

Motivational Quotes

Nothing can stop the man with the right mental attitude from achieving his goal;
nothing on earth can help the man with the wrong mental attitude.
W.W. Ziege

There is only one success--to be able to spend your life in your own way.
Christopher Morley

People often say that motivation doesn't last.
Well, neither does bathing - that's why we recommend it daily.
Zig Ziglar

That some achieve great success, is proof to all that others can achieve it as well.
Abraham Lincoln

Ones best success comes after their greatest disappointments.
Henry Ward Beecher

Real difficulties can be overcome;
it is only the imaginary ones that are unconquerable.
Theodore N. Vail

Triumphs without difficulties are empty. Indeed, it is difficulties
that make the triumph. It is no feat to travel the smooth road.
Source Unknown

If you can't make a mistake, you can't make anything.
Marva Collins

We learn wisdom from failure much more than from success; we often
discover what will do, by finding out what will not do; and probably
he who never make a mistake never made a discovery.
Samuel Smiles

If you want to increase your success rate, double your failure rate.
Thomas Watson, Sr

What ever the mind of man can conceive and believe, it can achieve.
Napolean Hill

In the confrontation between the stream and the rock,
the stream always wins - not through strength, but through persistence.
Buddha

Motivation is like food for the brain. You cannot get enough
in one sitting. It needs continual and regular top ups.
Peter Davies

What Motivates Your Customer

You must consider five main motivators that consumers react to:


Basic needs - They are easy to understand, and that are things which we need to survive, as, food, shelter and water. Consumers don't want to pay extra for basic needs. If your consumer is motivated by basic need than the price would be the main factor in the purchase.


Convenience - Here is all about saving time, effort and money. Paying for convenience is common in today's society. Consumers are in this case interested in saving time and easing life.


Security/Safety - Here is about of peace in mind. It is triggered by fear. This motivator drives consumer to buy insurance, smoke detectors and security alarms ...Everyone is looking to feel safe and secure.

Self image/ego - Everyone has ego. People like to look good, feel good and to be envied by others. This motivator is strongly driven by emotions, and the purchase decisions triggered by this motivator aren't logical decisions. This motivator can be very strong.

Fun - Fun can be strong motivator. It is about leisure, entertainment, relaxation  and enjoyment

Making New Habits

You can compare habits with auto-pilot on plane. They are important in business, and life. Here are some tips for creating new habits, and making them stick:

1. You must know the benefits - Learn the benefits of making a change. Notice any changes in energy levels after you take on a new diet. Imagine effect of start exercising to your body and health. Making to do list every night for next day, to economize your time. Daily reading of motivational quotes, to keep your motivation high, etc.

2. It takes some time – Three to four weeks is all the time you need to make a habit automatic. If you can make it through the initial conditioning phase, it becomes much easier to sustain. A month is a good block of time to commit to a change since it easily fits in your calendar.

3. You need consistency – Consistency is critical if you want to make a habit stick. If you want to start exercising, go to the gym every day for your first thirty days. The more consistent your habit, the easier it will be to stick. If you want to start exercising, try going at the same time, to the same place, for your thirty days. When cues like time of day, place and circumstances are the same in each case it is easier to stick.

In the beginning you would feel initial resistance, and you must also know, after that comes satisfaction.

 

Goals, energy level

Motivational Quotes

Nothing can stop the man with the right mental attitude from achieving his goal;

nothing on earth can help the man with the wrong mental attitude.

W.W. Ziege

There is only one success--to be able to spend your life in your own way.

Christopher Morley

People often say that motivation doesn't last.

Well, neither does bathing - that's why we recommend it daily.

Zig Ziglar

Motivation is like food for the brain. You cannot get enough

in one sitting. It needs continual and regular top ups.

Peter Davies

That some achieve great success, is proof to all that others can achieve it as well.

Abraham Lincoln

Ones best success comes after their greatest disappointments.

Henry Ward Beecher

Real difficulties can be overcome;

it is only the imaginary ones that are unconquerable.

Theodore N. Vail

If you can't make a mistake, you can't make anything.

Marva Collins

We learn wisdom from failure much more than from success; we often

discover what will do, by finding out what will not do; and probably

he who never make a mistake never made a discovery.

Samuel Smiles

If you want to increase your success rate, double your failure rate.

Thomas Watson, Sr

What ever the mind of man can conceive and believe, it can achieve.

Napolean Hill

Surround yourself with only people who are going to lift you higher.

Oprah Winfrey

In the confrontation between the stream and the rock,

the stream always wins - not through strength, but through persistence.

Buddha

"The quieter you become, the more you are able to hear."

How to keep your energy level up

You can keep your energy level at work high with these six rules:


1. Set the goal of your work. Prepare the good plan for your work and than just follow that.

2. Setting realistic goals. If you are focused on achieving a goal you are motivated by it.

3. Set a deadline for each task. For example to write 1 article each day.

4. Time management. At the end of day, you can make brand new to do list.

5. Stay clean, don't focus on things that happened in past and meditate.

6. Take a vacation. Some new place....