Warren Buffett Startup Tips

Published on Nov 06, 2015

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

PRESENTATION OUTLINE

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Multiple Money

Never depend on a single income source.
Photo by kevin dooley

spending

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

saving

Spend what is left after saving not other way around.

risk taking

Never test depth of river with both feet.
Photo by Thinkstock

diversify

Eggs don't belong in a single basket.
Photo by zoer

honesty

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

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

Martin W Smith

@Scenttrail, www.scenttrail.com