The measure of success is not how much money is in your account, but how many people love you
In her biography of Buffett, ”The Snowball: Warren Buffett and the Business of Life”, author Alice Schroeder wrote about the Omaha sage’s lecture at the University of Georgia. Ask him about the definition of success.
Buffett’s answer surprised many students because he replied that when life is almost over, your only measure of success should be the number of “people who love you and who you love”.
“I know people who have a lot of money and they have lavish dinners and hospitals that bear their name, but the truth is they are not loved by anyone. If you come to my age and no one thinks well of you, life is a disaster, I don’t care how much money you have,” Buffett said.
Indeed, the self-made billionaire said that how much you are loved – not wealth or achievement but this is really the ultimate measure of success in life. So how can we follow Buffett’s principles of success?
Selfless and don’t expect things in return
The law of love is give and take. When we choose to love someone unconditionally by encouraging and trusting them, our love is reciprocated in a powerful way through respect, admiration, trust, and loyalty.
Moreover, when we receive those things, we become more selfless. A 2011 University of California study found that compassion can increase motivation, willpower, and resilience after failure. Another study published in 2007 in the Journal of Research in Personality concluded that people with compassion are generally happy, optimistic, and exhibit personal initiative.
Empathetic
Empathy is one of the most common traits of talented people. Empathy is only possible when you can step into the other person’s shoes and see their point of view.
Empathy also plays an important role in the ability to influence others. In a DDI study surveying 15,000 leaders in 20 industries, researchers found that the ability to listen and respond with empathy was the single most important factor in the overall performance of a team. job.
Create joy at work
When you’re doing what you love, you’re enjoying life. In Carol J.Loomis’ biography of Buffett, “Tap Dancing to Work: Warren Buffett on Practically Everything” mentioned a quote from Buffett: “I work with the people I love. There’s no more exciting job than running Berkshire and I consider myself lucky to be in this position.”
This is very clear. In a positive environment where everyone shares the same values, beliefs, and standards, you’ll find that high-performing teams attract people with those same standards.
Treat others the way they want
As children, we are often taught the Golden Rule: “Treat others as you want to be treated.” However, the diamond rule is “Treat others the way they want to.” ‘.
By following this rule, we can be sure that we are respecting what they want, rather than the individual’s values and preferences. This is not to say that we should ignore the golden rule altogether, but recognize its limitations as every person and every situation is very different.
According to CNBC
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