Mar 12, 2025

9 Lessons from Warren Buffet for Entrepreneurs

Kuhu Verma

Create Short-term Goals

Increase operating earnings while reducing the number of outstanding shares.

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Celebrate Wins

Big-or-small, all wins are alike. Celebration is a part of getting people to work in a team.

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Don't Predict, Focus

Don't spend your energy focusing on market movement, spend that energy building a great business.

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Circle of Competence

A Mental Model for success that urges you to build on your strengths. You must have full knowledge of a problem you wish to solve.

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Big Idea

Focus on your core ideas, your driving force and strength. Build on them to achieve a successful business.

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Unique Skills

Monetise on the unique skills of your team but great founders in startups work hard to make themselves replaceable.

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Enjoy the Journey

A startup's journey has many failures; enjoying the process ensures longevity.

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Earn Your Obituary

This critical wisdom for founders acknowledges failures but also reminds you to work hard - consistently.

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Driven by Passion

As a founder, always remember to love the subject of your business than the money.

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