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.
California resident Krishen Iyer has accumulated years of experience as a successful entrepreneur. Previously serving as the CEO of Iyer Health Shield, he founded a real estate firm in Fresno, where he currently works as a real estate developer. An avid reader in his leisure time, Krishen Iyer enjoys material authored by Warren Buffet.
A famed investor and philanthropist, Warren Buffett is one of the richest men in the world. Born in Nebraska in 1930, Buffett founded Buffett Partnership Ltd. in 1956, and took control of Berkshire Hathaway less than ten years later. Buffet led the firm with an investing style that included the purchase of holdings in the entertainment, insurance, energy, and consumables sectors.
The Intelligent Investor, a book first published in 1949, greatly influenced Buffett’s investing and business philosophy. The book was written by Benjamin Graham, an investing expert who also served as a mentor to Buffet.
In addition to teaching various methods of investment safety, Graham taught a model of investing known as value investing. Value investing involves investing in stocks that are undervalued by the market. These stock prices are often deflated due to market overreactions, and can provide high returns when purchased with a long-term investment outlook.