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This is really the easiest way to increase your worth by 50%

Buffett shared in a video posted on LinkedIn: “An easy way to become at least 50% more valuable than you are now is to cultivate communication skills yours, whether written or spoken”

”If you can’t communicate, it’s like winking at a girl in the dark, no matter how hard you try, nothing will happen. You can own all the wisdom in the world, but you must be able to transmit it. And that transmission is the result of communication.”said the sage of Omaha.

Billionaire and businessman Richard Branson also agrees that good communication is the key to success.

“Today, if you want to be a successful entrepreneur, you need to be a good storyteller first. Of course, being a good storyteller won’t help if your product and idea aren’t. But it’s not enough to create a great product, you need to find a way to make it known to more people.”the British billionaire wrote in a blog published in 2016.

When asked for advice for young people 21, 22 years old just graduated Warren Buffett affirmed that there is nothing better than ”invest in yourself” and that one of the important factors is skill. communicate.

This advice is given from the billionaire’s own experience. In another video on the BBC channel, Buffett shared: ”I used to be scared of public speaking when I was in high school and even in college”.

Stock god Warren Buffett asserts: This is really the easiest way to increase your value by 50% - Photo 1.

After that, Buffett attended a public speaking course at Dale Carnegie – a training and professional development organization founded by writer Dale Carnegie.

Buffett takes credit for the things that college has given him, but he doesn’t take them too seriously. “I don’t hang my University of Nebraska diploma in my office, and I don’t display my Columbia diploma on it either – but I always put my Dale Carnegie diploma in a place that’s formal and visible. Because it is a proud milestone for today’s success.”the legendary investor emphasized.

It can be said that that $100 course gave him the most important degree in his life. It was the factor that had the greatest impact on his later success.

The lesson here is that it doesn’t matter what career path you take – no matter what you do in life, basic public speaking skills are crucial to your success. “In college, you get to learn all this complicated theory, but what’s really important is being able to get other people to follow your ideas,” Buffett said.

“If you’re a salesperson, you want people to follow your advice. If you’re a management leader, you want your employees to follow your lead in business. Whatever you do. Anyway, good communication skills are extremely important and it’s something that almost anyone can improve on, even for someone like me who used to be afraid to say their name in public.”he said.

Some lessons to improve public speaking skills that you can apply every day

1. Write every day

When asked about the common habits of successful people, famous speaker Tim Ferriss said that 80% of his guests write every day. The reason is simple: communication needs to be clear, and there is no faster exercise than putting thoughts on paper.

You can start by answering common interview questions, jotting down favorite stories, or making notes about a book you’re reading. Try writing down every business idea that comes to mind, or simply answer a question you’ve always been curious about.

2. Watch famous speeches and learn from them

To be a good speaker, you must have a thorough understanding of what effective communication is. Watching and learning from popular lectures like TEDs will help you do this.

Stock god Warren Buffett asserts: This is really the easiest way to increase your worth by 50% - Photo 2.

As you watch, you have to ask and answer a few questions, for example:

– How did the speaker lead the audience into the speech? What tricks do they use: a personal experience or a shocking statement?

– What is the structure of the speech? When and when do they stop?

– Are their conclusions concise, understandable, and memorable?

– How often do they make eye contact with the audience or use hand gestures?

3. Observe the people who are good at talking around you

Every time you meet and talk with these people, you have the opportunity to learn. Pay attention to how they handle difficult situations and how they use their vocabulary to explain complex ideas, and see the reactions of the people they’re interacting with. You should write down the points they are doing well. If there are points that are not clear, you can think about what else you can do.

4. Practice speaking in front of the camera for 3 minutes and record it

According to Conor Neill – a famous youtuber for the art of communication and leadership, speaking in front of the camera is a great way to practice communication skills.

Stock god Warren Buffett asserts: This is really the easiest way to increase your own value by 50% - Photo 3.

Try starting out by recording yourself answering the classic question: “Tell me about yourself.” Make a note of the times you stumble, as well as the times you get it right. Repeat this routine every day. You will be surprised how much you can improve with just 3 minutes a day.

5. Volunteer to teach what is within your power

You do not need to become an English teacher, but can guide or train colleagues at the office. Start by mentoring new hires, teaching them how to do their jobs before expanding to the whole team.

This will greatly improve one’s ability to simplify complex thinking. Besides, it also helps people to be more active and sociable.

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