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Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. As a result of his immense investment success, Buffett is one of the best-known fundamental investors in the world.

Warren Buffett shares two stories about women who started from nothing and sold their businesses to the legendary investor. This is one of the greatest speeches Mr. Buffett has ever delivered and he also gives really good advice to all entrepreneurs in the audience. Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career. Share this video with a friend if you found it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content!

When I was young, I didn’t really know what I was going to do when I got older. People kept asking me. But then eventually, I thought the idea of inventing things would be really cool. And the reason I thought that was because I read a quote from Arthur C. Clark which said that “A sufficiently advanced technology is indistinguishable from magic.’ And that’s really true. If you go back say, 300 years, the things we take for granted today, you’d be burned at stake for. Being able to fly. That’s crazy. Being able to see over long distances, being able to communicate, having effectively with the Internet as a group mind of sorts, and having access to all the world’s information instantly from almost anywhere on the earth. This stuff that really would be magic – that would be considered magic in times past.

Steve Jobs told students: ‘Stay hungry. Stay foolish.’ “There is no question that starting your own business will come with many challenges, but if you don’t try it now, you may never get the opportunity again. Remember, ‘Stay hungry, stay foolish.’”

Emotional self-monitoring and control Problem solving [The Problem Identification Phase, The Problem-Solving Phase] Learning Seeking support

The Book in Three Sentences 1. Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing. 2. You don’t need to earn a high income to be rich. 3. Rich people make money work for them. The Five Big Ideas 1. The poor and the middle-class work for money. The rich have money work for them. 2. It’s not how much money you make that matters. It’s how much money you keep. 3. Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets. 4. Financial aptitude is what you do with the money once you make it, how you keep people from taking it from you, how to keep it longer, and how you make money work hard for you. 5. The single most powerful asset we all have is our minds.

- Dreaming big is the first step in achieving your goals - Dreaming big can help you find meaning and purpose in life - Dreaming big will give you a sense of accomplishment, even if your dreams don't come true - People who dream big are happier than people who settle for less - Dreaming is free - A lack of dreams leaves people feeling empty and unfulfilled - Dreams are not always realistic, but they're still worth pursuing - It's important to dream big because the bigger the goal, the more likely you are to succeed - Dreaming big will help you do something that matters in your life - It's never too late to go after your dreams

Fear is the greatest killer of dreams that ever roamed planet Earth. Fear is that voice inside you that says you can’t. The voice gets louder and stronger every time you listen. Every time you let fear dictate your decision, fear grows stronger. Fear grows BIGGER.

“Work until your idols become your rivals” – Drake People have this reoccurring nightmare, that there's something, some force that's got a hold of them and it's holding them down, and they can't break free, no matter what they do, they can't break free from that force. Well, I'm here to tell you that that thing in your nightmare, that thing that is holding you back, that thing that is dragging you down, that thing is you. There are two fundamental attitudes toward life and its sorrows. Those with the first attitude, blame the world. Those with the second, ask what they could do differently. It's much easier and much more gratifying to your basic desires to blame someone else for your misery. Do you know what's so funny? We want people to make guarantees to us, But we are not willing to make guarantees to ourselves. And that's the problem with some of you, you always want to blame other people. You owe you an explanation. You need to look at yourself in the mirror and say, "Why are you only giving 50%? What's wrong with you?" You need to put yourself in punishment. You need to tell you, no more TV, no more snacks, no more desserts, no, we working out now. You need to tell you that you owe you something. Every day I demand more from myself then anyone else could humanly expect. I'm not competing with somebody else, I'm competing with what I'm capable of. My number one competition is me. It's always you versus you. You're gotta be the one to get up every morning, be disciplined, put in the consistent daily hard work, because that gains success. No couch, no trainer, no mentor, no boss can do it. You verses you. I value myself enough to give 120% or don't do it. There is no excuse for not living up to your fullest potential. No excuse. You walk out of this room, you owe yourself. I didn't get here making excuses. What changed? I changed. And I stopped being a victim. I stopped saying, I've gotta wait for good things to happen to me, and I said I'm gonna grind. I'm going to fight. I'm going to work. I'm going to press toward. I'm going to learn. I'm going to do everything in my power every single day to become a victor and not a victim. Why? Cause I owe it to myself. And can't nobody stop me but me.

I CAN DO THIS.... Being broke is only a mindset. If you can dream it, you can do it. You've done it before and you can do it now. See the positive possibilities. Redirect the substantial energy of your frustration and turn it into positive, effective, unstoppable determination. #youcandoit #motivation #believeinyourself #goals #noexcuses #believe #nevergiveup

Know your strengths and weaknesses, Remove temptations, Set clear goals and have an execution plan, Practice daily diligence, Create new habits and rituals, Change your perception about willpower, Give yourself a backup plan, Find trusted coaches or mentors, Forgive yourself and move forward.