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Success Story

Success Story – Warren Buffett | Success Story By Motivational Ideas

This success story is about One of the most successful investors of the world, Warren Buffett.

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently

Warren Buffett.

Success Story: Warren Buffett(childhood)

Warren Buffett was born in 1930 in Omaha. His father’s name is Howard Buffet and his mother’s name is Leila.

The Buffett was interested in savings, business, investment, and in share market from his childhood. In his childhood, he has his interests in economics, business studies and he started investing his money from a very young age. Buffet purchased his first stock when he was only 11 years old. It shows that he was born with business in his blood.

Warren buffet displayed his investing, money-saving, and money-making skills from his young age. He sells chewing gums, coca-cola, newspapers, and magazines door to door and also worked in his grandfather’s grocery store.

WARREN BUFFETT (YOUNG AGE):

At the age of fifteen years, Warren Buffett collect resources and buy a pinball machine and place it in a barbershop. After a few months, he owned several machines across many shops.

Rule no. 1 : Never Lose Money . Rule No. 2 : Never Forget Rule No. 1  : Warren Buffett 

Also, read: Success Story of Thomas Edison

Along with his entrepreneurial success, his father forced him to continue his education and buffet agreed to attend the University of Pennsylvania.  He then transferred to the University of Nebraska, where he graduated with a degree in three years.
At nineteen Buffett graduated from University with a Bachelor of Science degree in business administration before progressing to earn a Master’s in Economics from Columbia after being rejected by Harvard Business School. He chose the Columbia Business School after finding out that Benjamin Graham, a well-respected investor worked there.

There he studied under Benjamin Graham and David Dodd.
After completion of his studies, Buffet asked for a job from Graham but he refused to hire him at that time. Then Buffett returned to his home and started work for his father’s brokerage firm.
After some time buffet got married and Benjamin Graham also changed his mind and offered him a job in New York.

SUCCESS (WARREN BUFFETT):

Once he had arrived in New York, Buffett had the opportunity to test and develop the theories he had learned from Graham during his studies.
Buffett returned to Omaha in 1956 and he launched Buffett associates limited. In 1962 Buffett made a collaboration with Charlie Munger and then they purchased Berkshire Hathaway. Warren Buffett’s investments haven’t always been successful, but he made all the investments after full study, and all the investments are followed by value principles. He never brings his emotions in the trade. He always keeps his eye on new opportunities and always sticks to consistent strategy. This thing made him different from others and help him in achieving success in his life.

Also, check out: Motivational Quotes From The Most Successful People

After all of his efforts, hard work, dedication, business skills, money-making, and money savings skills he becomes one of the most successful entrepreneurs in the world.

Now Buffett is a great American businessman, investor, speaker, and philanthropist. He is considered one of the most successful investors in the world. He has a net worth of US $89.9 Billion as on May 4, 2019. And he is the third richest person in the world after Jeff Bezos and Bill Gates.

According to an analysis, Warren Buffett is the most charitable American billionaires. According to that analysis Buffett has given away more than $46 billion since 2000.

Warren Buffett’s success story teaches us that knowledge is much more important than money. If you have knowledge and decision making power then you can earn any amount of money. He taught us to work hard in life, never give up, and always follow your passion.

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Success Story

Thomas Edison Inspirational Success Story

This success story is about the great scientist, whose positive thinking, hard work, and dedication have changed the world.

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.

:Thomas Alwa Edison 

Who didn’t knows Thomas Edison. He was the great scientist of his time. He did many great inventions like the phonograph, the motion picture camera, and the electric light bulb, and many more. Edison did almost 1093 successful inventions in his lifetime.

Thomas Edison was born on 11th February 1847 in Milan, Ohio. His father’s name was Samuel Ogden Edison and his mother’s name was Nancy Mathews Elliott. Edison was the youngest of seven children of his parents.

Thomas Edison Inspirational Success Story

When Edison grow up his parents did his admission in a school. After a few days, One day when Thomas Edison got back home from school and gave a paper to his mother. He said to her Mother, my teacher gave this paper to me and asked me just you have to open it. When her mother read that paper her eyes filled with tears. What does it say, Edison asked. She read the letter :

Your son is a genius. This school is too small for him and doesn’t have enough good teachers for training him. Please teach him yourself.

Many years later Edison’s mother passed away, at that time Thomas Edison had become one of the greatest inventors of the Century. One day, he was checking his cupboard and found a letter, and it was the same letter that his childhood teacher wrote to his mother that day. Edison opened the letter and read it:

Your son is addled [mentally ill]. We won’t let him come to school anymore.

Edison cried for hours and then he wrote in his diary:

Thomas Alva Edison was an addled child that, by a hero mother, became the genius of the century.

Edison was a hard worker. At the age of 12, he sold newspapers and fruits on the train.  He even printed his own newspaper, the Grand Trunk Herald, on a moving train.

Thomas Edison: (At Young Age)

After that Edison faced many ups and downs in his life but Edison never gives up and always fight with all the problems with courage.

He tackles all the situations very bravely. He taught us an important lesson of never giving up.

At a young age, Edison made many inventions. The Telegraph was one of his most popular inventions. After some time he became so good at using the telegraph that he got a job as a telegrapher to send signals between the United States and Canada.

After that Edison moved to New York and set up a laboratory there.

At the time of the invention of the light bulb, he has failed more than ten thousand times but he still keeps trying, and finally, he got success.

When a news reporter asked him how does it feel by failing 10,000 times and finally got success then he replied :

I didn’t fail 10,000 times, but I Found 10,000 ways that won’t work.

This thought of Thomas Edison has changed the world. It is the most popular thought of Edison.

Before he died in 1931, Edison patented 1,093 of his inventions. The wonders of his mind include the microphone, telephone receiver, universal stock ticker, phonograph, kinetoscope (used to view moving pictures), storage battery, electric pen, and mimeograph.
Edison died on 18th October 1931.

The whole nation of the United States of America Honoured him by switching off the lights throughout the entire country for one minute.

He was really a great person – He taught us many lessons. This is the Success story of the great scientist Thomas Edison. If you like it then please comment below and you can share it with your friends to motivate them, inspire them, and to tell this great story of the great inventor.

There are many more articles related to success, motivation, and never give up that you must read including Never give up attitude.