How to increase your net worth by 50%.
According to Warren Buffett.
Up until the age of 20, Buffett had a fear of public speaking.
“Just the thought of it made me physically ill. I would literally throw up.”
But he knew: “If you can’t communicate and talk to other people and get across your ideas, you’re giving up your potential.”
Hence he completed Dale Carnegie’s course on his second try. He proudly displays the certificate in his office.
"Warren E. Buffett has successfully completed the Dale Carnegie Course in effective speaking, leadership training, and the art of winning friends and influencing people. January 13, 1952."
“That $100 course gave me the most important degree I have. It’s certainly had the biggest impact in terms of my subsequent success.”
What it taught him:
“The most important investment you can make is in yourself.”
Buffet understands the value of communication.
“The one easy way to become worth 50 percent more than you are now – at least – is to hone your communication skills – both written and verbal.”
And that communication is a learnable skill.
“Whatever you do, good communication skills are incredibly important and something that almost anybody can improve upon, both in writing and speaking.”
In sum, he sees communication as the foundation of his success:
“You can have all the brainpower in the world, but you have to be able to transmit it. And the transmission is communication.”
🗣 What connection do you see between net worth and communication?
📌 Follow me Oliver Aust for daily strategies to master communications.
Finance and Strategy | Business & Communications Trainer | Mental Health Advocate
1yI agree with Confucius. Asking a question exposes you - as not simply accepting what you don’t know, or questioning what indeed may not be either factual or true. So ask the question - many other people may be happy you did. As well as yourself. How are you supposed to grow if you don’t learn anything new ?