The wealth of Warren Buffet is often talked about today from a negative viewpoint, but I for one am always curious how people made it to the top. If you ask me, it pays to learn as much as you can from those that have acquired great wealth, because I just want to know their “secrets”.
In reality, there aren’t many secrets out there, especially when you are talking about men that are selfmade billionaires. With a networth of $53.5 billiion as of March 2013, it stands to reason that something Buffet did was well worth noting. As the CEO of Berkshire Hathaway, is it a surprise that Buffet would make his home in Nebraska? Why not a place known for glitz and glamour?
At the age of 82, Buffet would have much to teach us, and I am sure he is willing to share as he does in all of his books. This is why I want to share some information on the wealth of Warren Buffet, so that you can get a glimpse into what made this made great, and who he is as a person.
Roots of Wealth of Warren Buffet
The life of Warren Buffet isn’t all that different from others, except for one thing; he got started really early in life. Much like Bill Gates took a huge interest in computer programming at the age of 13, Warren Buffet began investing at the age of 11 and running a small business by the time he was 13. It wasn’t too much later that Buffet started a firm called Buffet Partnership, right in his hometown of Omaha, Nebraska.
His father was a stockbroker and a Congressman, giving him an inside view of how the business works, and in this aspect he could have been considered to have the edge in his field. However, it was up to him to decide to refine his business acumen and pursue it. The first lesson we typically learn from the billionaire is that they actively pursue something they love rather than waiting for it to happen.
Is it unusual that like Gates, he started so young? It seems that in this case, we know these things to be true:
- They took an early interest in their field
- Their fathers were both professionals and the mothers were homemakers
- These men and women are typically born into a family of two or more siblings
- These men and women tend to be family oriented
Coincidence? Not at all, and he was willing to take risks. His early investing taught him when and how to hold on to something and when to sell. However, without taking risks, would he have learned much? No, not at all. In fact, if you aren’t willing to take risks, don’t even think about obtaining the wealth of Warren Buffet. So, what was his first venture as an entrepreneur?
Buffet and his friend at Woodrow Wilson High bought a pinball machine. Once they made some profit they bought two more machines and kept going. Pretty smart eh? What if you could do the same?
Live Like the Wealth of Warren Buffet
If you haven’t yet figured out how wealthy people have gotten to where they are, then perhaps you need to rethink how you live. Remember, wealth isn’t always automatic. In fact, some of the wealthiest people are truly selfmade.
Bill Gates and Warren Buffet were both driven, and they both took risks early in life. They found it was better to do so early than wait until they were older and had regrets. Can you relate? Is there something you have been wanting to do or try but you haven’t taken that step yet? It’s time for you to decide what you want and go for it. Life is short.
If you want more success, then pursue it. If you want more money then pursue it and don’t give up until you get what you want. Remember, living the wealthy lifestyle dosen’t come overnight and it’s not easy. You can have whatever it is you want in life if you only decide and move forward.
If you would like to learn more about how you can have the wealth of Warren Buffet, just go HERE to learn more NOW!