Rising your Strength

I have been watching the Berkshire 2017 Annual meeting.  It is very interesting to watch Warren Buffet (86 years old) and Charlie Munger (93 years old) answer questions off the top their heads about their business for 5 hours.

There are several great lessons and a ton of wisdom coming from these two men.  They really employ logic to what they do.  Some of the lessons:

1. Always keep learning
2. Work with organizations you trust
3. Minimize bureaucracy.
4. Do what you love and what you are good at.
5. Learn from your mistakes.

The main lesson I take from this is that Warren must be really good at evaluating people he wants to partner with.  This man leads one of the largest conglomerates in the world and reads 5 hours per day and has 22 people at his corporate office.  Clearly he knows how to evaluate good businesses and delegate.

What makes them unique is that they do NOT buy businesses and try to integrate them to their main business or paste them all together.  I really believe that working all of these years to your strengths minimizes stress and is one reason these guys are still doing it.

Quote of the Week

Work in a field that promotes your strengths

It is up to you to continually look for those areas.  Nobody else can do it for you.
Enjoy your week.

 

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Joe Mosed
About the Author
CEO DSS Corporation / Founder Equature Performance Suite Joe Mosed is a seasoned entrepreneur focused on profitable growth for all stakeholders including customers, team members and partners. His company serves the public safety market with the understanding that SECONDS SAVE LIVES.

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