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Tag Archives: Successful people

Financial Mindset: Become a Richer Person by Thinking Like One

habits of rich people

You’ve heard of the power of positive thinking, right? Well, there is a ring of truth to it. How do successful people get to be so successful? They thought about how successful they would be before they actually became so. It’s the power of positive thinking – here’s how you can use it to become a richer person.  Selfishness Is A Virtue This is a very difficult concept for a lot of people to wrap their head around. Rich people often take the view that selfishness is a virtue, rather than a vice. To a poor person, or average person, selfishness means benefiting at another person’s – or anyone’s – expense. To a rich person, selfishness means benefiting one’s self and, by extension, benefiting others. So, a wealthy businessman may create jobs for others, but only because he has enriched himself first. It’s true that he may make more than all of his employees combined, but those employees would not otherwise have a job without him. Some people believe that rich people are exploitative because of this. Really, it’s a meritorious system. Unless the businessperson is using the heavy hand of government (i.e. rent-seeking) to make money, he’s achieving his ...

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5 Life Changing Lessons From Billionaire Warren Buffett

How Warren Buffett became a billionaire

This is a post from Shelby at Investing Tips 360. Enjoy! There’s no doubt we could all learn a thing or two from Warren Buffett. He’s one of the most successful investors of all time with a net worth of $62 Billion. His company, Berkshire Hathaway, owns and operates a few of the largest corporations in the world, and he’s been starting and growing businesses longer than most of us have been alive. Lucky for us, Buffett has always been happy to share his opinion and advice over the years, which is quite well documented. You’ll find enough quotes from Buffett on everything from business, investing, and life to fill a book the size of an encyclopedia. Here are 5 of the most meaningful lessons we can take away from the life of Warren Buffett to help us be more successful at anything life throws our way. 1. Confidence breeds success “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffett Confidence is key to success (some argue overconfidence is even better), and Buffett developed it at a young age. Next to his 1947 senior high yearbook photo ...

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