Advice From The Rich

“If you’re so smart, why aren’t you rich?” is a smartaleck question to ask, but sometimes the wealthy have useful advice to impart. Here are a few words of wisdom from some of the world’s richest people:

Steve Jobs (co-founder of Apple): “When I was 17, I read a quote: ‘If you live each day as if it was your last, some day you’ll most certainly be right.’ It made an impression on me, and for the past 33 years I have looked in the mirror every morning and asked myself: ‘If today were the last day of my life, would I want to do what I am about to do today?’ And whenever the answer has been ‘no’ for too many days in a row, I know I need to change something.”

Michael Dell (founder of Dell): “Try never to be the smartest person in the room. And if you are, I suggest you invite smarter people, or find a different room.”

J.K. Rowling (author of Harry Potter): “Had I really succeeded at anything else, I might never have found the determination to succeed in the one arena I believed I truly belonged.”

Warren Buffett (chairman of Berkshire Hathaway): “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”

Mark Zuckerberg (co-founder of Facebook): “If we want to have the biggest impact, the best way to do this is to make sure we focus on solving the most important problems.”


Breathe New Life Into Old Thinking

When trying to decide a new direction in life, or when simply trying to put new energy into a project, try these techniques:

  • Select two or three thinkers who specialize in your area of interest. Study them to inform your perceptions.
  • See how others do it. Sometimes reaching out to a worker in another company but similar job can create a dynamic relationship that propels you both forward without office politics getting in the way.
  • Widen your perspective. Talk to people outside of your expertise in completely different areas of interest.

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