How to become worth 50% more than you are right now

Earlier this year a Canadian entrepreneur in his 20’s whipped out his smart phone, pointed the video camera at Warren Buffett (who was sitting next to him in the back seat of a car), and asked the billionaire this question:

“So, you are talking to people that are 21, 22, just graduating from university. What is one tip that you can give them?”

His response:

“Invest in yourself.

“The one easy way to become worth 50 percent more than you are now is to hone your communication skills--both written and verbal. If you can't communicate, it's like winking at a girl in the dark – nothing happens. You can have all the brainpower in the world, but you have to be able to transmit it. And the transmission is communication.”

This brilliant advice hits close to home for Buffett. The billionaire has publicly admitted that, during high school and college, he was "terrified of public speaking" to the point of throwing up.

After taking a public speaking course at Dale Carnegie, he said it changed his life. To this day, you can see the communications diploma he received in 1952 from Dale Carnegie displayed on his office wall.

Source: One Simple Skill article in Inc magazine

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Jurek Leon is a storyteller, speaker and trainer. Subscribe to Jurek's FREE monthly 'Terrific Tips' e-newsletter at http://www.terrifictrading.com/terrific-newsletter/. Alternatively, email info@terrifictrading.com.