Close Ad

According to Bill Gates and Warren Buffett, Breaking This Bad Habit Is the Key Element of Success
warren-buffet-life-and-success-advice
Skills

According to Bill Gates and Warren Buffett, Breaking This Bad Habit Is the Key Element of Success

We all waste a lot of time. It’s hard not to -- we work too hard, we’re tired, and sometimes our minds wander and we get distracted.

But, according to powerful figures like Bill Gates and Warren Buffett, the secret to success is to channel our energy toward the most productive past times and hobbies and stopping activities “with low returns” – the more time we waste, the less time we have for what really matters.


As Warren Buffett famously said, "It's the

only thing you can't buy. I mean, I can buy anything I want, basically, but I

can't buy time."

2009

study from the University of Adelaide's School of Psychology

found that people are "far less willing to keep many options open"

when some have bigger rewards than others. And that’s an important

message.  Look at Bill Gates and Warren Buffett – they have learned to give up

some activities to focus on the ones that are more rewarding.

"I stopped listening to music and watching

TV in my 20s. It sounds extreme, but I did it because I thought they would just

distract me from thinking about software," the billionaire wrote in a blog

post

Buffett  does not like distractions either, in fact, he

doesn’t even have a computer in his office! By using a flip phone, he limits

internet distractions. We don’t’ quite want to go THERE though…

Ultimately it’s not about being all work and no

play, being productive can be fun, it just shouldn’t waste time or distract

from your goals. For example Buffett likes to play bridge. "It's got to

be the best intellectual exercise out there," he claims. "You're

seeing new situations every ten minutes. Bridge is about weighing gain-loss

ratios. You're doing calculations all the time."

In the end, it’s all about moderation and

knowing that the more time you spend on what doesn’t matter, the less time you

will have for what does. Plan accordingly.

Hot Stories

Why Paul Walker Left His Only Daughter With Vin Diesel

Vin Diesel & Paul Walker were more than just friends, they were …

content.jwplatform.com

When the tragic news of Paul Walker's death surfaced, the world was left in shock. As one of the most beloved stars of the Fast and Furious franchise, his passing was felt deeply by fans around the globe. But perhaps the most devastating impact was felt by his daughter, Meadow Walker, who was left without a father.

Keep ReadingShow less
Life Stories
stranger pays for man's huge bill

We've all been there: you’ve loaded up your shopping cart or ordered a service, only to reach for your wallet and realize that it’s not there. It can be an embarrassing and anxiety-inducing scenario, one that sets the tone for the day.

A man faced a similar situation one day when he couldn’t remember his new PIN at a gas station. But when a stranger stepped in to help, he did more than save this man’s day.

Keep ReadingShow less
Uplifting News
rapper eminem poses for a picture
Eminem
UNITED KINGDOM - NOVEMBER 09: ASTORIA Photo of EMINEM (Photo by Nicky J. Sims/Redferns)

There is no doubt Eminem is a complicated person. His 25-year career has been defined by feuds, violence and toxic male aggression. However, amid the chaos, the rapper has maintained the ability to lay bare his vulnerabilities and acknowledge his weaknesses. Nothing illustrates that complexity better than the fraught relationship between Eminem and Eminem's mom, Debbie Nelson Mathers (maiden name Nelson).

Marshall Mathers, better known as Eminem, didn’t have the best upbringing. Raised in poverty, his parents grappled with addiction and relationship troubles, scarring the young rapper as he was beginning to carve out an identity. As such, he harbored resentment for his mom and dad, and swore he would break the pattern when it came to his own daughter.

Keep ReadingShow less
Celebrities