Inspiration From Warren Buffet and Setting Healthy Financial Responsibility Goals (Breather Episode with Brad)

(Breather) Pursue your passions, be of service, make a contribution to the planet aligned with the
highest expression of your talents! Don’t you love all the high minded talk that’s come
out these days about having your cake and eating it too?

I’ve always been good about pursuing my passions and not settling for a miserable existence in the name of economic security or consumerism ideals. However, there is a fine balance to strike between irresponsible surf bum and becoming consumed by unhealthy wealth ideals, isn’t there? In this Breather show, I share some of my personal journey as a writer/content creator as well as some insights from investor legend Warren Buffett, as detailed in a great article on the Medium.com. Buffett has long been the poster boy for minimalism (in life and in investment strategy), focus, discipline and long-term vision. You’ll get some memorable insights that might help frame not only your investment strategy, but how you conduct yourself in other areas of life, such as relationships and your diet/fitness regimen.

One of the most inspiring things you can take away from today’s show is the idea that competition is good, even helpful. Don’t feel let down by those moments of extreme struggle and difficulty strewn along your path, because those hindrances are exactly what help you grow and achieve your goals. Take Mark Sisson and his super popular website, MarksDailyApple. It’s not like Mark started his blog and it was an overnight sensation: BAM, one blog post, and millions of readers! Instead, Mark’s blog was his passion project, something he did for many years before it became what it did. But when you have this kind of high-minded motivation and intention when pursuing your passions, things always seem to work out. 

Another great idea to take from Buffet is the importance of saying “No.” Don’t waste time doing unnecessary things; instead be committed to staying focused, and prioritize things on your to-do list. Discipline and minimalism will take you far, and creating strict boundaries for yourself in all areas of your life is something you should view as a necessity, not an option, because it’s in your best interest to be strict with how you spend your time. Try implementing just a few of Warren’s tips into your daily life/habits to see for yourself just how much your life changes, and stay tuned for a piggyback show where we’ll cover 13 practical tips to be like Buffett!

TIMESTAMPS:

Find the balance between pursuing your passions and the work you do to contribute to society [5:53].

Why so many similar stores are within such close proximity to one another (theory of abundance) [7:00].

The truth about our current economy. 50% of Americans have zero net worth and don’t own anything [11:30].

How MarksDailyApple went from being a side passion project to a super successful blog [13:00].

How to find a happy medium between minimalism and consumerism [15:55].

Why Warren Buffet famously says “No” to almost everything [18:01].

Warren has no computer, no smartphone, and doesn't even monitor the stock market [22:01].

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