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Warren Buffett Startup Tips

ByMartin Smith|10728 views |Business

Warren Buffet's tips for startups as Bill Gates says, "Stick 'em up".

Presentation Outline

  1. 1. Slide 1

  2. multiple money never depend on a single income source.

    2. Multiple Money

    Never depend on a single income source.

    Photo by kevin dooley

  3. spending buy what you don't need = forced to sell what you do need.

    3. spending

    Buy what you don't need = forced to sell what you do need.

    Photo by RL Productions

  4. saving spend what is left after saving not other way around.

    4. saving

    Spend what is left after saving not other way around.

    Photo by Hemera Technologies

  5. risk taking never test depth of river with both feet.

    5. risk taking

    Never test depth of river with both feet.

    Photo by Thinkstock

  6. diversify eggs don't belong in a single basket.

    6. diversify

    Eggs don't belong in a single basket.

    Photo by zoer

  7. honesty honesty is expensive, don't expect from "cheap people".

    7. honesty

    Honesty is expensive, don't expect from "cheap people".

    Photo by hapticflapjack

  8. 8. Implied

    • Money amplifies character or lack of it.
    • Saving is a habit, a ritual. 
    • Spending is a drug so be careful.
    • Risk taking = drug too, keep one foot on shore.
    • Character creates trust but isn't free or easy.

    Photo by mrlins

  9. martin w smith @scenttrail, www.scenttrail.com

    9. Martin W Smith

    @Scenttrail, www.scenttrail.com