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Warren Buffett's Tips For Startups

Warren Buffett's Tips For Startups | Startup Revolution | Scoop.it

Buffett's Startups Tips
* Multiple Money - Don't depend on one source of income.

* Spending - Don't buy what you don't need or you will be forced to sell what you do.
* Saving - Spend what is left after saving not other way around.

* Risk Taking - Never test river depth with both feet.


And more tips from the Oracle of Omaha for startups in this Haiku Deck
http://shar.es/1a0BaI

Martin (Marty) Smith's insight:

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"Stick 'em Up, " Gates To Warren Buffet As He Shares Startup Tips via @HaikuDeck

"Stick 'em Up, " Gates To Warren Buffet As He Shares Startup Tips via @HaikuDeck | Startup Revolution | Scoop.it

Buffet's Startup Tips Are so important I created a @HaikuDeck for his tips and for implied startup tips such as:

* Multiple Money - don't depend on one income source.

* Spending - buying things you don't need means selling stuff you do...eventually.

* Savings - Save then spend not the other way around.

* Investment - Never put all eggs in one basket no matter how beautiful the egg.
* Honesty - Honesty and character and lack of it are expensive and amplifed by money so don't expect from "cheap people".  

http://www.haikudeck.com/p/94SRtkQRzX/warren-buffet-startup-tips  

Martin (Marty) Smith's insight:

Thought this was a good Scoop to reprise given Buffet's offer to pay $1B for a perfect NCAA Tourney Bracket. Talk about how to get millions in free PR (lol). As if Warren needs "free" anything :). Smart money always makes MORE money. 

Pia Parry's curator insight, January 26, 2014 1:30 PM

Interesting statements form Warren Buffett & Bill Gates, especially about honesty ... How does that work for you?

Mark McCormack's curator insight, February 3, 2014 9:33 AM

Great Insights from the Oracle!

 

Tyler Richendollar's curator insight, March 18, 2014 9:24 AM

Simple ways to think about what your business should do when first getting off the ground.  The ideas make sense when you read them out loud, but are often missed.

Scooped by Martin (Marty) Smith
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"Stick 'em Up, " Gates To Warren Buffet As He Shares Startup Tips via @HaikuDeck

"Stick 'em Up, " Gates To Warren Buffet As He Shares Startup Tips via @HaikuDeck | Startup Revolution | Scoop.it

Buffet's Startup Tips Are so important I created a @HaikuDeck for his tips and for implied startup tips such as:

* Multiple Money - don't depend on one income source.

* Spending - buying things you don't need means selling stuff you do...eventually.

* Savings - Save then spend not the other way around.

* Investment - Never put all eggs in one basket no matter how beautiful the egg.
* Honesty - Honesty and character and lack of it are expensive and amplifed by money so don't expect from "cheap people".  

http://www.haikudeck.com/p/94SRtkQRzX/warren-buffet-startup-tips  

Mark McCormack's curator insight, February 3, 2014 9:33 AM

Great Insights from the Oracle!

 

Martin (Marty) Smith's curator insight, March 12, 2014 2:19 PM

Thought this was a good Scoop to reprise given Buffet's offer to pay $1B for a perfect NCAA Tourney Bracket. Talk about how to get millions in free PR (lol). As if Warren needs "free" anything :). Smart money always makes MORE money. 

Tyler Richendollar's curator insight, March 18, 2014 9:24 AM

Simple ways to think about what your business should do when first getting off the ground.  The ideas make sense when you read them out loud, but are often missed.