When you look at the top of the wealth totem poll, you see three very familiar names: Jeff Bezos, Bill Gates, and Warren Buffett. All three men come from different backgrounds and they have different stories to tell about how they became successful. Whether it was the launching of a world-changing business or intelligently investing for the future, there was a high level and patience and persistence that went into building their fortunes.
Bezos, Gates, and Buffett are some of the wealthiest men in the history of the United States with each individual’s net worth being valued more than the GDP of some small countries.
Now there’s come the question. How did they get there? What advice would they have for someone, like me, who is just getting started on their wealth building journey?
Well, they actually have a lot of valuable information that you can use based on the advice that they have given over the years. I have taken the liberty to compile my top ten quotes between the three men so that you can use it as inspiration on your journey to financial freedom.
Warren Buffett, or otherwise known as the Oracle of Omaha, is regarded as one of the most successful investors in history. He is known for coming from a simple life where he started small businesses as a child, such as selling gum-balls, in order to make money to make investments.
Buffett bought his first stock at the tender age of 11, and has not looked back since. Through the years, he began to acquire large businesses with his holding company Berkshire Hathaway that he originally purchased as a textile mill in 1965.
He has come a long way since his first stock purchase and now has an astounding net worth of $81.2 Billion.
Here are a few of my favorite quotes from Warren Buffett:
On taking advantage of opportunity:
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Warren Buffett
On long-term investing:
“Someone’s sitting in the shade today because someone planted a tree a long time ago” -Warren Buffett
On his investing strategy:
“We simply attempt to be fearful when other are greedy and to be greedy when others are fearful.” -Warren Buffett
On managing risk:
“The most important thing to do if you find yourself in a hole is to stop digging.” -Warren Buffett
Jeff Bezos is best known for his role in the growth of Amazon Inc, one of the largest and most dominant business in the world as of 2020. Bezos is listed as the world’s first centi-billionaire (having a net worth of over $100 Billion) and has been described by Forbes as “far richer than anyone else on the planet”.
Bezos graduated from Princeton University in 1986 with a degree in electrical engineering and computer science. He worked on Wall Street for a brief period before starting Amazon in 1994.
As of this writing, Jeff Bezos has a net worth of $116 billion.
Below are some of my favorite quotes from Jeff Bezos:
On the possibility of failure:
“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying” -Jeff Bezos
“If you double the number of experiments you do per year, you’re going to double your inventiveness.” -Jeff Bezos
On the keys to success:
The keys to success are patience, persistence, and obsessive attention to detail.” -Jeff Bezos
Bill Gates is best known for being the co-founder of Microsoft, an American multinational technology company. He has be referred to as one of the best-known entrepreneurs and pioneers of the microcomputer revolution of the 1970s and 1980s.
Born and raised in Seattle, Washington, Gates co-founded Microsoft with childhood friend Paul Allen in 1975 in Albuquerque, New Mexico; it went on to become the world’s largest personal computer software company.
As of this writing, Bill Gates has a net worth of $106.9 billion.
Below are some of my favorite quotes from Bill Gates:
On learning from mistakes:
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose” -Bill Gates
“I choose a lazy person to do a hard job because a lazy person will find an easy way to do it.” -Bill Gates
On hard work:
“I never took a day off in my twenties. Not one.” -Bill Gates
I hope that this article was able to provide some inspiration for you. I personally look to read at least one of these quotes on a daily basis to serve as a reminder of my greater purpose.
The days are long, but the years are short. It is important to not underestimate the power of compounding and persistence if you get started on your dream today.
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