1/9/2007
Would anyone invest in you
Hello my friend:
Warren Buffet is the greatest investor that ever lived. Part
of what makes him great is that he is great at identifying
talented people. So when he looks for companies to invest in,
he doesn't look for product line or plans.
He looks for talented people.
I know of a business whose stock he turned down. That business
was later sold for nearly 400 million dollars. So why did he
decide not to buy it? Primarily, because it wasn't in business
long enough. He wants to see a 15 year track record. The
business that was before him? In business only 10 years. What
happened? After it was sold to a multi-billon dollar company,
the principles all left within a year and it's now being run
into the ground. Currently it's losing money by the truckload.
See why Warren invests in people and not plans? The people who
bought the company, that already had a great plan couldn't make
the proven business plan work.
So, when people don't follow your advice and when they don't do
what you want to do, its usually because they don't trust you.
What most people don't understand is that unless you are
enormously, and I mean enormously, persuasive, it can take a
long time to earn people's trust. Typically, it doesn't have to
take 15 years to earn most people's trust, but it does take time.
So when you don't get your way in the first 10 minutes, if you
have to pick yourself up over and over again, if you have to
fail over and over in order to reach some truly worthwhile goal,
do it.
Why do most people, including you, set goals and quit before
you reach them?
No guiding principles. Short-term view.
Most people live their lives like dry leaves in a high wind
unable to keep themselves from following every distraction that
turns their head.
If the TV is on constantly, if endless hours are wasted surfing
the Internet for nothing in particular, if many important jobs
are left undone and ignored on a daily basis, if you are not
setting important daily goals for yourself, your department,
your family and any organization to which you belong, then stop
wondering why you don't get your way more often, and why more
people don't trust you and follow you.
If Warren Buffett or a potential employer or a potential suitor
or anyone you want to join or have join you were to study your
past actions and decisions, would they invest in you or follow
you, or want you to join them?
In many ways the world is not fair.
But in many ways the world is eminently fair.
When you think the right thoughts, when your attitude is right,
when rational (as opposed to irrational) emotions drive you to
take the appropriate actions, in due time you'll get the rewards
in life you deserve, you'll be at peace, you'll forget what it
feels like to be depressed and worry will be foreign to you.
Think the proven thoughts of winners found in every Think Right
Now Accelerated, Behavior Modification Program,
- http://www.thinkrightnow.com and that will be YOU right down
to the cellular level.
I love you all,
Mike Brescia
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