Career Growth

3 Keys To Success From A Lesser-Known Billionaire

3 Keys To Success From A Lesser-Known Billionaire

When you think of billionaires, Bill Gates and Warren Buffett come to mind. But how about Charlie Munger? Ever heard of him?

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Though he’s less well known than Gates or Buffett, Charlie is Buffett’s billionaire business partner, and both Bill Gates and Warren Buffett say he’s the smartest person they know. Since we have it from a fairly good source that Charlie’s a pretty smart guy… Let’s dive into three of his best tips, which I think you’ll find helpful in your pursuit of success.

3 Keys To Success From Charlie Munger

Tip #1: Avoid These Two Terrible Traits

"What do you want to avoid? Such an easy answer: sloth and unreliability. If you’re unreliable it doesn’t matter what your virtues are. You're going to crater immediately. Doing what you have faithfully engaged to do should be an automatic part of your conduct. You want to avoid sloth and unreliability."
People seem to get worse at these over time, so it’s that much easier to stand out nowadays by being reliable and doing what you say you will do. Live by this code, and you’ll be successful long term.

Tip #2: Keep Learning, And You’ll Keep Rising

"I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you."
Be a learning machine, grow as much as you can each day, and you’ll find before long that you’re continually reaching bigger goals.

Tip #3: You’ve Got To Earn It

“The safest way to get what you want is to deserve what you want. Deliver to the world what you would buy if you were on the other end.”
In a world where we can access so much instantly, with ease, at the tip of our finger, it’s easy to fall into the trap of thinking that success should be the same way. However, we never get anything we haven’t earned. Therefore, put in your very best effort each day - the effort and value that you would want to receive if you were on the other end - and you’ll get what you want (and deserve). So, remember Charlie’s three tips: avoid sloth and unreliability, keep learning, and give the world what you would buy if you were on the other end. For more great tips on how to achieve success in your life, how to find and get your dream job, and make a real, positive impact in the world. Cheers to your success!

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