Know how valuable your time is.
No matter how much money you have, you can’t buy more time. There are only 24 hours in everyone’s day. Warren (Buffett) has a keen sense of this. He doesn’t let his calendar get filled up with useless meetings. On the other hand, he’s very generous with his time for the people he trusts. He gives his close advisers at Berkshire his phone number, and they can just call him up and he’ll answer the phone.
(Good advice for all business owners…spend time doing what you do best, and leave the other details to those who know those details best. Contact us today (firstname.lastname@example.org) if you’d like to stop dealing in the bookkeeping details!)
via Three Things I’ve Learned From Warren Buffett | LinkedIn.