This new year once again comes with many new hopes and many new dreams. However, like always, it is not the new year that brings you success, but we ourselves. It is very interesting to hear and know about great people who made their name in the industry and who are now iconized for their ways of doing things that has given them success. One such person who we all know is Warren Buffett.
Warren Buffett has a unique way of identifying someone who he can bet on. This is a model that talks a lot about what as a professional we should be investing in now and in our future so that we become someone who investors and opportunity givers look to bet upon.
Buffett would bet on someone who has intelligence. This is no big deal as everyone would look for highly intelligent people. But no. He is not looking for highly intelligent people who have very high IQ or would have scored very high in their university grades. His intelligence means someone who can deflect a problem that comes on day to day basis and understands how not to repeat the mistakes. In our day to day life we should look at using our intelligence by looking around, gathering data and analyzing those patters to arrive at best decisions. I have seen very few highly intelligent individuals who have made it big in life. Most of the leaders were intelligent enough to deflect problems and not repeating their mistakes. They know how to market themselves and how to get smarter and more intelligent people to work for them. True intelligence is something that can be put to use for a better cause and that is what Buffet would probably like to see in someone who he would like to bet upon.
The second important trait Buffett would look in someone who he feels can be the right person to take a business ahead is someone who has energy. With energy, he does not mean a person who can run a marathon every day or someone who can do hundreds of pushups at a drop of a hat. His energy is directed at the mental energy a person exhibits. Someone ho is passionate to achieve something and is driven by his passion and conviction to do the things they feel worth doing. Most of the successful people have been highly passionate in doing what they did. Successful sportsmen, scientists, leaders and even housewife who have had good mental energy and a conviction with them are those with the right kind of energy that Buffet would like to see in someone he would like to bet upon.
The third and the most important aspect of the filter he puts in is that of ‘Being Ethical’. Most of us see ethical as something that ensures that we do nothing against the law or doing nothing that is not deemed right. However, being truly ethical goes beyond this very obvious definition. Most of us miss this definition by miles when we do not understand that we owe a lot to others whenever we get anything in our lives. By being truly ethical, we try to give back more than what we got from any one. More to our mothers who gave us so much affection when we were kids. More love to our brothers and sisters who sacrificed their own to see smiles on our face. Respect to our teachers by teaching more children who cannot afford to go to school. Give back to the doctor who treated us by giving back help to someone who truly deserves. Giving back more return to the investor who put faith in us by putting money in our business. A true ethics is about being fair and giving back every goodness that we received and turning our society a great one to live in for us and our children.
If we take a resolution to be doing all of these three things, I am sure, one fine day, there would be some ‘Warren Buffett’ who would come in to change our lives by betting their money on us and help us become someone we truly deserve to be.