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TechnologyBillionaire Warren Buffett: The 'one easy way' to increase your worth by 50 percent

10:55  06 december  2018
10:55  06 december  2018 Source:   cnbc.com

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Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly. “ The one easy way to become worth 50 percent more than you are now — at least — is to hone your communication skills — both written and verbal,” says Buffett in a video

Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly. "And the transmission is communication," says Buffett , who is currently worth more than billion, according to Forbes.

Billionaire Warren Buffett: The 'one easy way' to increase your worth by 50 percent © Provided by CNBC LLC Warren Buffett

Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly.

"The one easy way to become worth 50 percent more than you are now — at least — is to hone your communication skills — both written and verbal," says Buffett in a video posted on LinkedIn Monday.

The video is posted by Michael Hood, the co-founder of the Toronto based start-up, Voiceflow which enables users to design, build and launch skills for the Amazon smart speaker, Alexa, without needing to know how to code.

"If you can't communicate, it's like winking at a girl in the dark — nothing happens. You can have all the brainpower in the world but you have to be able to transmit it," Buffett continues.

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Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly. "And the transmission is communication," says Buffett , who is currently worth more than billion, according to Forbes.

Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly. " The one easy way to become worth 50 percent more than you are now — at least — is to hone your communication skills — both written and verbal," says Buffett in a video

"And the transmission is communication," says Buffett, who is currently worth more than $86 billion, according to Forbes.

Billionaire entrepreneur Richard Branson agrees that being able to communicate effectively is critical to success.

Video: This 25-year-old learned a tough business lesson from Warren Buffett

"Today, if you want to succeed as an entrepreneur, you also have to be a storyteller," the British businessman said in 2016 blog post. "Of course, it is no use being a good storyteller if your product or idea is rubbish. But it is not enough to create a great product; you also have to work out how to let people know about it."

Hood and Buffett were heading to the Canadian Walk of Fame Inductee Gala together on Saturday, Hood confirmed to CNBC Make It . The young entrepreneur posted the video on Monday.

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Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly. "And the transmission is communication," says Buffett , who is currently worth more than billion, according to Forbes.

Billionaire Warren Buffett told business students that this is the most valuable skill they can learn. Buffett was actually terrified too. Overcoming your fear. As a young stock adviser, Buffett took a Dale Carnegie The clever way Jobs packaged the content. He fooled the audience into thinking he was.

Hood, who is 22 years old, was Buffett's escort for the day, "a once in a lifetime opportunity" for a young entrepreneur, Hood tells CNBC Make It. Hood was chosen via the start-up incubator he is part of, Next 36.

Hood asked Buffet in the video, "What is one tip? So you are talking to people that are 21, 22, just graduating school. What is one tip that you can give them?"

The advice is something Buffett has learned firsthand.

"I was terrified of public speaking when I was in high school and college," Buffett said in a BBC video, published in 2009.

"I couldn't do it. I mean I would throw up and everything."

When he was younger, Buffett took a public speaking course at Dale Carnegie, the workplace training and professional skills development organization founded by author Dale Carnegie.

"I actually have the diploma in the office. And I don't have my diploma from college, I don't have my diploma from graduate school, but I have got my Dale Carnegie diploma there because it changed my life," Buffett says in the video.

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Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on learning how to write and speak clearly. " The one easy way to become worth 50 percent more than you are now — at least — is to hone your communication skills — both written and verbal," says Buffett in a video

Billionaire Warren Buffett told business students that this is the most valuable skill they can learn. Legendary investor and billionaire Warren Buffett has a tip for young people: Focus on In search of Warren Buffett quotes to help inspire a richer life? Here are 50 of his best sayings to bring out the

And it is this decision to improve his own skills which Buffett now preaches. The octogenarian tells Hood, "Invest in yourself."

See also:

Why Warren Buffett raises money for this church in a rough part of San Francisco: 'They take people who have hit bottom and help bring 'em back'

Billionaire Warren Buffett on helping the poor: 'A rich family does not leave people behind'

Billionaire Warren Buffett says 'the real problem' with the US economy is people like him

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Apple's plunge deepens Warren Buffett's book value woes.
The plunge in Apple's share price will likely cause new pain for Warren Buffett's Berkshire Hathaway after the conglomerate suffered a big quarterly decline in its net worth that will hit its bottom line. Berkshire's share price fell more than 4 percent Thursday after Apple, its largest common stock investment, slashed its revenue forecast after demand fell in China and fewer customers upgraded their iPhones. Apple slid as much as 10 percent. The Berkshire decline reflects Apple's impact on the Omaha, Nebraska-based company's book value, which measures assets minus liabilities and is a favored growth gauge for Buffett.

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