The Secrets Of Success In Business And Life


Following is a summary of the book:’Secret Millionaires Club-Warren Buffett’s 26 Secrets to Success in the Business of Life’.

1. Don’t be afraid to make mistakes. Try to learn from your mistakes – better yet, learn from the mistakes of others! Even when you make mistakes, keep your eyes ahead – on the future. See your future. Be your future. Try to work together and pool your ideas. Toss out what does not work and focus on what works. Remember, the more you will learn, the more you will earn.

2.Don’t borrow money. Think twice before you either borrow money or loan money to someone – especially a friend. The best way to pay back a debt is to never have one. Friendship gets strained when you squabble over debts.

3.Love what you do. Following your passion is the key to success. Be honest. Deal with integrity. Give your customers a bargain.We all need to work for a living. Work at something you like. Pursue your dreams. Be excited and always have a dream.

4.Make time for both work and play. It is important to make the right trade-offs between work and play so live a balanced lifestyle. Study everyday and try to learn something you didn’t know before. Do not try to do too much. Do only those things that are most important to you and keep a balance between work and play. Read more of this post

The Monk Who Sold His Ferrari

wealthymattersI have just finished with this book by Robin Sharma.I can’t say I liked it very much.I am something of a purist and mixing the philosophies and practices of different cultures and mis attributing them, really put me off.That said,I don’t deny that the book does a decent job of compiling useful techniques to get more out of life.The following is my summary of tips to life a fuller life,culled from this book.

1.Remember the following nonsense story.It will help you remember the most important things to get more out of life:

You are sitting in the middle of a magnificent, lush, green garden. This garden is filled with the most spectacular flowers you have ever seen. The environment is supremely tranquil and silent. Savor the sensual delights of this garden and feel as if you have all the time in the world to enjoy this natural oasis. As you look around you see that in the center of this magical garden stands a towering, red lighthouse, six stories high. Suddenly, the silence of the garden is disturbed by a loud creaking as the door at the base of the lighthouse opens. Out stumbles a nine-foot-tall, nine-hundred-pound Japanese sumo wrestler who casually wanders into the center of the garden.The Japanese sumo wrestler is naked! Well, actually he is not totally naked. He has a pink wire cable covering his private parts.As this sumo wrestler starts to move around the garden, he finds a shiny gold stopwatch which someone had left behind many years earlier. He slips it on, and falls to the ground with an enormous thud. The sumo wrestler is rendered unconscious and lies there, silent and still. Just when you think he has taken his last breath, the wrestler awakens, perhaps stirred by the fragrance of some fresh yellow roses blooming nearby. Energized, the wrestler jumps swiftly to his feet and intuitively looks to his left. He is startled at what he sees. Through the bushes at the very edge of the garden he observes a long winding path covered by millions of sparkling diamonds. Something seems to instruct the wrestler to take the path, and to his credit, he does. This path leads him down the road of everlasting joy and eternal bliss. Read more of this post

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