Warren Buffett knows a thing or two about wealth investing. The Oracle of Omaha also knows plenty about building a successful career and living a more successful life.
Here are three useful tips to consider for your own personal and professional development:
1. Do the thing you love.
Buffett once lectured at the University of Florida’s school of business and gave students sage counsel that you don’t hear much of in the cutthroat business world: finding work that you love. “You really should take a job that, if you were independently wealthy, that would be the job you would take,” Buffett said in his speech. “You will learn something, you will be excited about it, and you will jump out of bed. You can’t miss.”
In other words, choose work and a career that aligns with your sense of purpose — make it a calling and a mission in life. Money, then, serves a greater cause: to impact human lives and make the world a better place.
Buffett said, “I love every day. I mean, I tap dance in here and work with nothing but people I like. There is no job in the world that is more fun than running Berkshire, and I count myself lucky to be where I am.”
2. Do the things you’re good at.
One of Buffett’s best tips is purely common sense but a good reminder to stay in your lane. He advises that success depends largely on knowing your own strengths and weaknesses:
You don’t have to be an expert on everything, but knowing where the perimeter of that circle of what you know and what you don’t know, and staying inside of it, is all important.
To expand on Buffett’s quote, it’s capitalizing on the things that you do well while avoiding the risks that come from dabbling in things outside your perimeter. It’s to simply exercise your strengths and skills but also to eliminate wasting precious time and energy chasing after things outside of your wheelhouse.
3. Learn and practice good habits.
Buffett advised students to catch and change bad habits before it changes you for the worse. He told them, “You can get rid of it a lot easier at your age than at my age, because most behaviors are habitual.” He added, “The chains of habit are too light to be felt until they are too heavy to be broken.”
Bad habits can be changed at whatever age or stage of life in your career journey, and hopefully before they become “too heavy to be broken.” But there is one thing that will make change a lot easier. It’s resisting making the wrong choices due to your current surroundings, existing patterns, and the people with whom you associate.
Those things may trigger unwanted thoughts and actions, causing you to do the opposite of what you should be doing to build successful career, and life.