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Warren Buffett's Advice, for Young People Who Want to Be Rich - YouTube
Channel: Success Secrets TV
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Warren Buffet's Advice for Young People Who
Want to Be Rich
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One day when I was in college, I went to a
particular place to study and when I was going,
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I saw this group of about 4 guys arguing.
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I think they were arguing football.
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I passed them by and spent about one and a
half hours where I went to study.
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I really enjoyed my studies as I learned new
things I never knew before.
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However, while coming back; I met the same
guys at the exact spot where I left them.
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It was still an argument about politics and
soccer.
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Then, it occurred to me that at the same time
certain people spend to make progress is the
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exact same time some other people waste on
little or useless things.
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In this video, Iâll be sharing with you
one of the most valuable advice from Warrant
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Buffet which I believe can help you to become
rich and successful in life.
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If youâre new here, consider subscribing
so that you wonât miss other interesting
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videos like this.
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Here is the thing.
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Buffett is a cool, lovely old man.
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He has spent a reasonable number of years
offering valuable advice for young people
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and anyone who is willing to listen and I
think one of the most valuable advice Buffet
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ever given is; âkeep control of your time,
and you canât unless you say NO.â
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Itâs unfortunate but true.
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Most of us own our lives, but weâre not
in control.
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Other people come into our lives with their
agenda and they bribe us to give up our own
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time for their own purposes.
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Some other times, our inability to say NO
make us sit down and joyfully waste time.
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Time & Life
I consider myself very fortunate in life and
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the reason why I think Iâm fortunate is
that very early in my life, Iâve discovered
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that thereâs a very close relationship between
time and life.
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When I was 12, I loved the TV, the soccer
and anything of such nature.
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However when I was around 14, I read a book
that made me hate the TV and most things that
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come with it, so I stopped watching the TV,
tried as much as I can to never waste time
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with other peopleâs lives and to say NO
to as many things as possible.
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Here is the thing; time is life and life is
time.
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They both are inseparable.
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Bruce Lee said, âIf you love life, don't
waste time, for time is what life is made
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up ofâ
Remember my first story earlier in this video,
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how I went to learn while some guys of my
age spent the same time arguing the life of
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others.
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This happens every minute of the day.
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The very same time some people waste doing
little things is the same time others use
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to learn or do things that matter
Keep control of your time, and you canât
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unless you say no.
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The 10,000 Hours Rule
Malcolm Gladwell wrote a book titled; Outliers
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and in this book Gladwell shares his studies
about successful people and how long it took
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them to achieve great success.
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He then came to the conclusion that it takes
the average of 10,000 concentrated effort
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to become great at anything.
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A few people have disagreed with Gladwellâs
theory of 10,000 hours and thatâs fine.
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It may not be 10,000 hours.
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It may be 7,000 hours or even 5,000 hours.
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What we can all agree on is that it does take
a whole lot of time to achieve anything worthwhile.
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The problem about this is that, if you waste
time on little or useless things, youâve
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got no 10,000 hours to invest in your music,
athletic or entrepreneurial dreams.
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Robert Greene wrote a book called, âMasteryâ.
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In this book, Mr. Robert told the stories
of great people in history and how they became
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so great.
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None of these people achieved meaningful success
with a half-hearted commitment.
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Instead, people who achieved meaningful success
in life say NO to almost everything and concentrate
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all their life on a few things that matter.
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Your time is your life.
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You have to master how to convert the time
you have to whatever other things you want
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out of life.
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You have to learn how to say NO.
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No to most TV shows, NO to the unnecessary
argument, NO to many hours on social media,
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NO to little talks and small dreams.
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NO.
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NO.
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NO.
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Keep control of your time, and you canât
unless you say no.
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The Search for Pleasure
Over the years, I have heard people saying,
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âAll work and no play makes Jack a dull
boy".
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Now that Jack wants to play, an average American
now spends 11 hours each day consuming different
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media.
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And according to a study I read from Brian
Tracy, an average salesperson only has 90
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minutes of productive activities per working
day.
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You think about that.
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Because all work and no play makes Jack a
dull boy, we now play all day, wasting 11
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hours and investing just 3.
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The reason is that weâre in search of pleasure.
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And the reason why Jacks need 11 hours to
consume media is that Jacks donât have interesting
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jobs.
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If you donât want to be like those Jacks
who waste half a day on little things, try
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and do what you care about.
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People who love their jobs donât need 11
hours of media consumption.
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They have a job that is fun so they donât
need much extra entertainment.
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The Story of Michael Jackson
Many years ago, I read the story of Michael
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Jackson.
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I read that Jackson trained 8 hours every
day.
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That was where the magic, the great dance,
the great music came from.
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It was not just talent.
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Talent isnât enough.
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It was conscious, determined practice day
after day and you need a lot of time to do
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that.
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Look around you today and see those great
creations.
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The wonderful inventions we enjoy today, the
great products, the great music, the life-changing
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books, the innovative businesses.
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They are all products of long hours of trial
and errors.
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If you want to achieve greatness in life,
you have to concentrate your life on what
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matters and say NO to almost everything else.
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Keep control of your time, and you canât
unless you say no.
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The Three Blessings of Life
Not all of us are lucky in life but most of
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us are.
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There are three blessings of life and if you
have any one of these you should not be poor
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and those three gifts are; money, talent and
time.
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If you have money, you can waste it and end
up poor.
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But that shouldnât happen if youâre smart.
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If you have talents, you can end your life
in poverty and failure.
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But if youâre smart, you should be able
to use your talent to create wealth and success.
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Now, what I hear most young people saying
is, âI donât have moneyâ.
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Yes, that may be true.
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Some other people may say, âI donât have
talentâ.
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That may be fine too.
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But do you have time?
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You probably do.
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If you have time, itâs as valuable as money
and talent put together because you can invest
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that time.
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You can acquire new profitable skills.
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You can practice your skills.
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You can pursue your dream.
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You can fail and fail and try again.
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You can turn your time to anything you want
in life.
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But you have to learn how to say NO to many
time-wasting activities
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Take Judicious Care Of Your Morning
Most people waste time and that wouldnât
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have been a bad thing.
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What makes it worse is that we waste even
the morning.
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You see, hours in the day are not the same.
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6 AM isnât the same as 6 PM.
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What you achieve within 2hrs in the morning
can take you 5hrs in the evening because when
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you wake up in the morning, your brain and
body are at their best states.
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Even if you want to waste time, can you please
waste the evening?
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If you want to watch a movie, can you please
watch it in the evening?
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If you want to spend 5 hours on social media,
can you please do it in the evening?
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If you take care of your morning, your life
will be better.
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This is not to encourage you to waste all
your evening.
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Instead, I think if at all you have the need
to entertain yourself and waste some time,
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it should never be in the morning or afternoon.
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In conclusion, donât ever forget that we
donât have a life.
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None of us has 70 years.
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All we have is the time and itâs very short
and irredeemable.
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We donât have many minutes in a day and
any second wasted is gone forever.
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If we truly care about our life, weâll care
about the seconds and the minutes.
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Keep control of your time, and you canât
unless you say no.
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Say no to little things.
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Say No to many hours on social media.
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Say No to gossips.
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Say no to the unproductive argument.
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Say no to many hours on tv shows.
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Stay focused on what matters and youâll
be successful.
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Thank you so much for watching our videos.
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Are you between the ages of 15 and 40?
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Then, we invite you to join our new channel
which was specially created to share with
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you, inspiration and lifeâs lessons to succeed
in life.
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We call it Under40 TV.
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Kindly look at the description box to join
the Under40 TV
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