Warren Buffett is arguably the world’s most renowned investor. Born in 1930, this American businessman has enjoyed a string of successes along the way. So it’s simply hard to ignore this feat. What’s more, the best way to succeed is to take inspiration from those who have already had successful careers. Today, we’ll take a look at Warren Buffett’s advice to help you in your business.

Indeed, the “Oracle of Omaha” (a well-deserved nickname) is not only a value investor at heart. He also likes to share his views and experiences at shareholder meetings. This makes it easy to determine his course of action and learn from his experience.

WARREN BUFFETT’S N°1 TIP: START BY BUILDING YOUR SELF-CONFIDENCE
According to Warren Buffett’s advice, self-confidence is imperative if you want to succeed in the world of trading or in any other professional career. In fact, it’s an undeniable asset for achieving success in your life. You’ll be better able to move forward because you have faith in your ability to succeed. You won’t listen to people who try to hold you back. Above all, you’ll be able to follow your intuition. The American billionaire also reminds us that you don’t need to be extraordinarily intelligent to achieve your goals.

According to Warren Buffett’s advice, “You don’t have to be a genius to succeed. Investing is not a game where the 160 IQ beats the 130 IQ. All you have to do is always think things through and take your chances. After all, “Good opportunities come infrequently. So when it rains gold, get out the bucket, not the thimble.”

Don’t be afraid to step out of your comfort zone. While it’s true that there will be challenges ahead, not seizing an opportunity simply because you’re not used to it is just an excuse. By doing so, you’re holding back your evolution and you won’t be able to develop your full potential. It’s like a mental prison preventing you from moving forward. So brave your fear and go for it.

N°2 ADVICE FROM THE AMERICAN INVESTOR: ALWAYS SEEK TO EVOLVE
Warren Buffett’s advice is always to look no further for success in your personal and professional life. In fact, he often repeats that you must invest in yourself first and foremost. This means that you should start by strengthening your skills, or acquiring new ones if you feel that your current knowledge is not yet sufficient to propel you to the top. Don’t dive headlong into this adventure. Instead, think long-term.

The American investor places particular importance on not giving in to the siren song. Don’t settle for immediate pleasure. One of Warren Buffett’s most famous pieces of advice was: “Someone is sitting in the shade today because someone else planted a tree a long time ago”. So plant your tree today and take care of it. The tree is you, it’s your vision, it’s your goal. And the water and fertilizer will be the knowledge and new skills you bring to the table every day. This is what will enable you to make progress.

N°3 OF WARREN BUFFETT’S TIPS: STUDY YOUR FIELD OF ACTION
“Never invest in a business you don’t understand.”

This is also one of Warren Buffett’s tips. It’s the easiest way to avoid making mistakes. You’ve undoubtedly worked in, or discovered, many different business sectors by now. But only bet in a market where you have a thorough knowledge of how it works. This will make it easier for you to identify the most promising companies in your field.

This skill is an indispensable quality for any good investor. This doesn’t mean you can’t decide to expand your business. But approach the question with caution. And remember Warren Buffett’s advice that “you don’t have to do things extraordinarily to get extraordinary results”. So avoid anything too complex, or you’ll quickly lose your way. Concentrate on what you already know.

N°4 TIP FROM THE ORACLE OF OMAHA: SURROUND YOURSELF WITH THE BEST
Patience is golden in professional development, especially in the investment world. Warren Buffett’s advice is categorical in this regard. “Success in investing takes time, discipline and patience. No matter how hard you work or how talented you are, you have to accept that some things simply take time. So never rush things. Don’t just trust your intuitive intelligence. Use it wisely too.

For the Oracle of Omaha, you should also use it when selecting your collaborators, but above all the people around you. They will define the environment in which you will live and grow. It’s what shapes you every day. It’s what will determine your state of mind and habits, your happiness and sense of belonging, and your general satisfaction and enjoyment of life. And it’s also what will pull you down or, on the contrary, accelerate your ascent. So always choose a healthy climate conducive to evolution. Put all the chances of success on your side by eliminating all negative people.

A little bonus to end this list of Warren Buffett’s advice. “Complex studies and business schools reward complexity over simplicity. In reality, simplicity is almost always more effective.”