Warren Buffet’s Secret

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Warren Buffett I was chatting with my dad about success, and we got onto the subject of Warren Buffet and his extraordinary success.

Of course he’s know as an investor, but there are many investors - what makes him so successful?

And then I realised - it’s because Warren Buffett invests in people, not companies, not stocks, not tangible assets - but people. Before he invests, he talks to the people behind the business. And he’s developed the skill in spotting people who are a good investment, a good bet.

And if the people are a good bet, whatever they will do is also a good bet. With good people, you don’t need to know what they are involved in, you can trust them, knowing that whatever they get involved in will be an expression of them, and they will do their best to create value and success - whether or not you had invested in them.

What a smart guy.

So this, as usual, brings up the question - How Can We Use This In Our Own Life? Well, there are always the two main contexts - outside and inside.

Inside - we invest in ourselves - pursue self-development, expand you awareness, and develop your ability to ‘use’ yourself effectively.

Outside - this is all about our interaction with the world around us. For success, this is often about relationships.

I’m reminded of a poll that Marcus Buckingham mentions - he asks ‘What is the single most positive factor that contributes to a successful and long term relationship?’ - in this context it was about marriages.

After interviewing thousands of happily long-term married couples, there was one clear winner.

Was it ‘a sense of humour’? - no

Was it ‘good money management’? - no

Was it ‘good sex life’? - no

Was it ‘mutual respect’? - no

The single biggest factor - was where each partner, saw more within the other person, than that person saw within themselves.

So the husband saw more within the wife, than the wife saw within themselves.

And the wife saw more within the husband, than the husband saw within himself.

Kind of like seeing the potential within our partner, and investing in our partner and that potential, by giving to them, and the relationship and committing for the long term..

See more in other people, than they see within themselves.

This also happens to be a core component of successful coaching and counselling.

- to your success,

Paul.

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