A Lesson From Warren Buffett That Every Entrepreneur Needs To Hear

The Oracle of Omaha has more business wisdom than just about anybody on Earth, but most people think it’s just for investors and larger companies.

I think otherwise; so many of his best lessons and quotes are perfectly applicable to entrepreneurs building and running startups as well.

I shot this quick video to share one of my favorites:

 

Here’s another related Warren Buffet gem:

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

Are you in the right boat? If not, yesterday was the right time to make a change!

Mike Cooch

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Mike Cooch

ServicesThatScale CEO, Mike Cooch has worked with small businesses his entire career and has a passion for helping them grow and thrive.

He has founded successful, seven-figure businesses in technology services, agency services, publishing, and ecommerce.

His businesses have been leaders in creating, selling, and delivering 'productized services' that scale, landing them on the INC 5000 list of fastest growing companies three years in a row, and enabling him to sell his business for a successful exit.

He has three children, is an avid skier, hiker and traveler, and is loving life in his new hometown of San Diego.