Three Things to Learn from Warren Buffett

 

Warren Buffet pic
Warren Buffet
Image: inc.com

The founder of Iyer Health Shield, Krishen Iyer has turned from the insurance industry to real estate in recent entrepreneurial endeavors. In addition to buying and selling key properties throughout the state of California, Krishen Iyer enjoys following the work of Warren Buffett.

The success of Warren Buffet includes several important lessons for anyone who wishes to succeed in business:

1.Work hard. After purchasing his first stock at age 11, Warren Buffett made the equivalent of $53,000 by the age of 16 from his work delivering newspapers, polishing cars, and selling collector stamps and golf balls. He chose to work hard while his fellows enjoyed comic books and played sports.

2. Read. Warren Buffett claims to spend approximately 80 percent of his time reading, and he considers this practice one important key to his success. He gains his knowledge from the newspapers and books he reads, an accrual he likens to compound interest.

3. Persevere. When Warren Buffett started out, his father-in-law told him he would fail, and Harvard Business School rejected him. Despite these setbacks and other disappointments, he never let anything stop him.

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