Warren Buffett says that the difference between someone successful and the rest lies only in a two-letter word.


Warren Buffett says that the difference between someone successful and the rest lies only in a two-letter word.

The tycoon, in addition to being president of Berkshire Hathaway, is recognized for his business advice.

In addition to being a legend in the stock market, where he was dubbed the “Oracle of Omaha,” billionaire Warren Buffett, Chairman, and CEO of Berkshire Hathaway, has also become a great advisor to the business that made him one. Of the richest men in the world.

Leadership coach and writer Marcel Schwantes recalls one of those tips and claims that it may be the best recommendation for everyone who wants to do business.

Schwantes explains that the mogul learned long ago that the greatest good of all is time. That is why he protects him religiously by setting strict limits for himself. Thus, he remembered one of his famous quotes.

Buffett said, “The difference between successful people and successful people is that successful people say NO to almost everything.”

That two-letter word makes a difference.

“From a self-help point of view, if people close to you think you are taking on too much and have labeled you a ‘workaholic,’ Buffett’s no-no advice should be a target for your conscience,” says Schwantes. . The coach recalls that although many successful and high-level entrepreneurs indeed dedicate between 60 and 80 hours a week, really successful people do not neglect their mental health and self-care or the time they dedicate to their family, their hobbies or other interests. Instead, they recognize that if they can’t take care of themselves, the business suffers.

“This brings us back to Buffett’s point,” says Schwantes in his column, detailing: “We have to know what to aspire to simplify our lives. We have to know what to say no to to keep our sanity. This can mean saying no many times to things that do not serve us and saying yes to the few things that matter to advance our cause and stay balanced. “

And remember that Steve Jobs applied Buffett’s advice perhaps unknowingly when he declared: “I’m just as proud of the things we haven’t done as I am of the things I have done. Innovation is saying no to 1,000 things”.

The columnist recommends adding to the list of goals for the new year learning to manage yourself.

“I did not say that you learn to manage your time. Because we can’t manage time. There is no such thing. We all get up in the morning with the same number of hours, minutes, and seconds in a day. We cannot control the time. As it progresses, it leaves … in the past, never to be claimed again. So focus on what you can control”; recommends.

Explain that what you can do is choose how to use that time by managing it wisely.

“A good example of this is how I manage my activity on LinkedIn. Every week I receive between 50 and 75 requests from people asking to join my network. Most of them try to sell me something and try to invite me to meet with them to network and explore mutual opportunities, “he details and continues:” Before, as a professional courtesy, I responded to many messages in my inbox. Now I’m ready to be assertive, set limits, and say no to people when I need to, so my time is protected. “

Thus, Schwantes developed a list of things to which he recommends saying no:

-Say no to opportunities and things unrelated to your values ​​or that do not promote your personal or organizational mission.

-Say no to surface networks. People who succeed don’t network. They build relationships.

-Say no to the overwork of doing everything yourself. Instead, delegate and trust the abilities and abilities of others to get the job done.

-Say no to neglecting your deepest desires and longings about what you want to achieve in life. Stop accommodating yourself and giving in to the wishes of others. It is your life; take control of it and live your vocation.

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