Advice From Billionaires That Can Change Your Life

Advice for EntrepreneursEveryone wants to give you advice. Some will give you advice without even asking! Well, that’s the kind of advice you should steer clear of but when billionaires say something, it would serve us very well to not just listen but also implement. Billionaires are where they are today because they learnt through experience and failure. To make the path slightly easier for you, these successful entrepreneurs have given free pieces of valuable advice.

David Rubenstein (Net Worth: $2.86 billion)

He is the co-founder of The Carlyle Group and investor in Dunkin’ Donuts, Beats by Dre, and Oriental Trading Company. He says that the secret to success is persistence. When you think things are not going your way, do not give up. Persist and apply strategies that will help you find the solution. This often means that you should take risk but there’s no success without calculated risks.

Persist – don’t take no for an answer. If you are happy to sit at the desk and not take any risk, you will sitting at your desk for the next 20 years.

Warren Buffet (Net Worth: $65 billion)

Founder of the world class business Berkshire Hathaway and investor in a lot of firms including Coca-Cola and Wells Fargo, Warren Buffet gives advice about passion. He says that only when you are passionate about what you do will you be able to go a good job.
Without passion, you don’t have energy. Without energy, you have nothing.

Carlos Smith (Net Worth: $70.5 billion)

The serial entrepreneur and investor, Carlos Smith, says that you will be willing to let go off the past in order to work in the present and secure your future. You are advised to use past experiences as stepping stones instead of letting them burden you.

Live the present intensely and fully, do not let the past be a burden, and let the future be an incentive. Each person forges his or her own destiny.

Michael Moritz (Net Worth: $2.7 billion)

The Chairman of Sequoia Capital and investor in a number of firms including LinkedIn and PayPal, Moritz, gives advice about teams and talent management. He says that successful entrepreneurs always give importance to teams. In small businesses, enthusiastic teams hold the potential to take them to the top.

There’s nothing more invigorating than deeply being involved with a small company and a young team of founders out to do something incredibly special.

These advices, when put to practice, will enable you to tread down the same path as successful entrepreneurs.

Entrepreneurial Learning

Take advice from successful entrepreneurs who are now billionaires, so that you know what you are doing wrong. They have excellent guidelines and tips that will help you increase productivity and shoot for the stars consistently.

Image courtesy of [nonicknamephoto] / FreeDigitalPhotos.net

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