A few nights ago I was out with the kids and we headed over to Jimmy John’s near Terminus. As we were waiting for our sandwiches to be made I noticed a sign on the wall: Warren Buffet’s 10 Rules. Much like the Jimmy John’s sign How Much is Enough, this one is packed with wisdom.
Here are Warren Buffet’s 10 Rules:
- Reinvest your profits
- Be willing to be different
- Never suck your thumb
- Spell out the deal before you start
- Watch small expenses
- Limit what you borrow
- Be persistent
- Know when to quit
- Assess the risks
- Know what success really means
The next time you’re at a Jimmy John’s read the signs on the wall — they’re worthwhile.
What else? What do you think of Warren Buffet’s 10 Rules?
Nice ones… i especially like “Dont suck your thumb” and “spell out the deal before you start”…
keep them coming David, love them blogs’
Good advice for business and personal finances as well.
Warren Buffet is the best I’ve ever seen at translating real world problems to investing/business principles
Great tips for both small and big businesses. Thanks.