This week, I’m talking about 5 lessons that Warren Buffett can teach us about being successful investors. 

Warren Buffett is arguably the greatest and most successful investor of all time. He is still an active investor today, and luckily for us, he has immortalized his investment acumen through shareholder letters, countless TV interviews, and several books written about him and his investing principles. 

Today, I’m cheating a little bit and giving you perhaps the best lesson that Buffet has to offer for you, but it’s not actually about investing in the stock market. 

It’s about investing in yourself. Lesson #5 from Warren Buffett, is this statement. He says: “Now, you can improve your value by 50 percent just by learning communication skills-public speaking.”

Interesting. It’s the investment he made in himself in his early 20s to become a better public speaker that he credits much of his success. 

Fortunately, for all of us, there are inexpensive ways to become better at speaking and more comfortable. 

You could do a daily podcast like me, but since that’s not in the cards for well...all of you I’m sure...YouTube, countless, books, and organizations like Toastmasters to help you. 

I was in Toastmasters for about 10 years and I credit much of my confidence on stage speaking (which I do often), in a meeting with a client, speaking off the cuff or remaining calm when being put on the spot to the training I received from Toastmasters. 

So I would encourage you to work to improve your public speaking skills, and if you have kids or anyone you mentor at work who is early in their career, tell them that you know the one thing that will increase their value by 50%, and then encourage them to take the steps to banish their fears and improve their skills. 

I suspect that with our continued absorption with technology and smartphones, strong communication skills will only become more valuable over time. 

That’s it for today. Thanks for listening. Tomorrow, we’re going to recap the week and I’m going to give you a little preview of next week’s theme. 

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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