Warren Buffet’s Big Success Tip

People often look to Warren Buffet for investment tips. So we took note when Buffet claimed that often the best investment you can make is in your ability to communicate.  Buffett has stated that investing in developing your communication skills can "improve your value by 50 percent." 

Buffett says, "If you can't communicate…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."
Writing in Inc., contributing editor Marcel Schwantes offers these tips for heeding Buffet’s words:

• Tell stories, especially inspiring ones:  Storytelling is as old as humanity. It engages listeners like no other kind of content and it builds trust. Notice that super-successful entrepreneurs like Steve Jobs and Richard Branson were master storytellers.
• Use analogies and metaphors:  Is something new and unfamiliar like something more well known and understood? Point out the similarities so people can feel comfortable with even bold, breakthrough ideas. Metaphors and analogies provide clarity. 
• Know how to confront someone:  It is natural to want to avoid confrontation, but the reality is that engaging in challenging conversations is often the quickest route to solving problems and deepening trust. Calmly stating your case without judging can cut though a lot of communication clutter.

Do you agree that improving your communication skills has upped your personal value? To join the conversation, click on "comments" above.

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