Warren Buffet Says This Is the Key to Success, and Bill Gates Agrees
There are a few people in this world who have found riches beyond our wildest imaginations, and names like Bill Gates and Warren Buffett come to mind whenever we think about them.
You may not know this, but Buffett and Gates are actually very good friends in real life. In fact, according to multiple interviews given by both of them, they have exchanged some very valuable lessons over the course of their friendship.
Learning from Buffett
According to Gates, one invaluable lesson that Buffett taught him was about the scarcity of time. Buffett told Gates that the number of opportunities which were going to present themselves to him was going to be endless, as he was always going to be invited to partake in some cause, a social gathering, a project, or any other activity which required his time.
Buffett’s advice to Gates was this: learn to say no to requests which take up your time when you have other, more important priorities.
This way, you would have more time to focus on achieving your main objectives. For Buffett, this important life principle had manifested itself because, even though he had money and could buy whatever he wanted, there was one thing he could not buy: time.
This is why Buffett believes that saying no can be a very powerful tool to optimizing your life and maximizing its utility because you get to sharpen your focus on tasks which contribute to your long term growth in life.
The Wisdom Of Steve Jobs
While there are many differences in the approaches to success between the two billionaires mentioned above and Steve Jobs, one thing they all agree upon is the value of time.
For Jobs, the most important factor for success was maintaining focus, something he exemplified through his company Apple by focusing the company’s product line to a few key offerings, a move which ultimately led to the groundbreaking and innovative technologies such as the iPod and the iPhone.
And Jony Ive, the design chief working for Apple, tries to apply the same principle in his working methodology as well. Ive has worked with Jobs and has learned how to remain completely focused.
According to him, focus means that one must reject any other thought or idea, no matter how appealing and enticing, in order to remain committed to the task at hand.
The Importance Of Saying No
All of us are presented with options which we can either accept or reject. Whether we are at work or at home, or simply hanging out with friends, there are multiple choices which we have to make which either improve our focus or end up distracting us completely.
The important thing is to set your priorities or objectives which you want to achieve in the long term, and then accept only those activities which contribute to the achievement of those objectives while rejecting those which de-track you from achieving them. This exercise is essential to maintaining focus and, as we have seen above, many successful people endorse it as a key to success.
More in Inspiration
Story Time: Here Are Some Of The Most Interesting Stories From People Working For The Rich And Famous
When people think of the most wealthy people they know, one of the first questions that may come to mind is,...July 5, 2022
TikTok Data Privacy: Does China Have Access To American Users’ Data?
Since the inception of video-sharing social media apps, data privacy has been a keen concern of all leaders in the U.S....June 27, 2022
Most Expensive Homes For Sale Around The U.S.
As the Covid-19 pandemic ravaged countries and shut down economies and business hubs, many of us moved from major cities to more...June 22, 2022
Kate Middleton & Prince William Exchange Smiles During Ellie Goulding’s Christmas Performance
With the holiday season around the corner, everybody is busy organizing feasts and get-togethers. Some call up old friends, some check...June 20, 2022
Too Busy Working as a Corporate Executive to Manage Your Finances? These Are The Simple Steps You Can Take Today
Corporate executives often find themselves in an interesting predicament. After they’ve managed to put in the work to nab the high-paying...June 20, 2022
Baby Mama Olivia Munn Welcomes First Child With John Mulaney
You might think that this is wholesome news and there is nothing problematic about it – but guess again! As it...June 20, 2022
Asking $295 Million, Bel Air’s ‘The One’ Mega-Mansion Is Finally Slated for Auction
The 105,000 square foot mansion, also known as “The one” is to be set up for auction this coming February. The...June 20, 2022
‘1883’: All you need to know about the latest ‘Yellowstone’ Prequel Series
After Yellowstone‘s remarkable successful season three, Paramount+ announced a prequel series over the Dutton family and their origins in Montana. Coming...June 20, 2022
Why Professors Use ‘The Wire’s’ Stringer Bell To Teach Students
Given the fact that “The Wire” is one of the greatest shows of all time, we’re still benefiting from some of...June 12, 2022