Warren Buffet Explains his Greatest Investment
He said, “I knew you were going to ask. The answer is, ‘Yes.’”
He had committed to give one personal face-to-face affirmation everyday for two weeks. I thought it was a leap. He said, “I like challenges.”
At the end of our coaching call, I asked, “What do you want me to ask you about next time?”
He said, “Ask me about giving personal affirmations.”
There was a 95% chance he would make change.
In his book, It’s Not About the Money, Bob Proctor explains research on the likelihood that you will make change.
Personal change might begin with a good idea. But good ideas aren’t enough.
- You have a 10% chance of making change if you say, “That’s a good idea.”
- You have a 25% chance of making change if you say, “”I’ll do it.”
- You have a 40% chance of making change if you set a time to do it.
- You have a 50% chance of making change if you plan HOW to do it.
- You have a 60% chance of making change if you make a commitment.
- You have a 95% chance of making change if you set a specific time to share your progress with someone. (Level 6 appointment.)
Warren Buffet’s greatest investment:
“… there’s one investment that supersedes all others: Invest in yourself. Address whatever you feel your weaknesses are, and do it now.
I was terrified of public speaking when I was young. I couldn’t do it. It cost me $100 to take a Dale Carnegie course, and it changed my life.
I got so confident about my new ability, I proposed to my wife during the middle of the course.” Warren Buffet
Invest in yourself. Think of a good idea that nudges your leadership in a positive direction. Make a “Level 6” appointment.
How might you make personal change?
How might you help others make personal change?