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Don’t CARE What Others Think – Warren Buffett (@WarrenBuffett) – #Entspresso


good morning believe nation my name is

good morning believe nation my name is Evan Carmichael my word is believed and

Evan Carmichael my word is believed and

Evan Carmichael my word is believed and I believe that entrepreneurs will solve

I believe that entrepreneurs will solve

I believe that entrepreneurs will solve all of the world’s problems today’s

all of the world’s problems today’s

all of the world’s problems today’s message is don’t care what others think

message is don’t care what others think

message is don’t care what others think over to you Warren Buffett it never

over to you Warren Buffett it never

over to you Warren Buffett it never bothered me if people disagreed with

bothered me if people disagreed with

bothered me if people disagreed with what I thought as long as I thought

what I thought as long as I thought

what I thought as long as I thought under the facts I mean there’s a whole

under the facts I mean there’s a whole

under the facts I mean there’s a whole bunch of things I don’t know think about

bunch of things I don’t know think about

bunch of things I don’t know think about I just stay away from those so I stay

I just stay away from those so I stay

I just stay away from those so I stay within what I call my circle of

within what I call my circle of

within what I call my circle of competence you know that Tom Watson said

competence you know that Tom Watson said

competence you know that Tom Watson said it best he said you know he said he said

it best he said you know he said he said

it best he said you know he said he said I’m no genius but I’m smart in spots and

I’m no genius but I’m smart in spots and

I’m no genius but I’m smart in spots and I stay around those spots well I try and

I stay around those spots well I try and

I stay around those spots well I try and stay around those spots and I I just

stay around those spots and I I just

stay around those spots and I I just don’t have a problem if somebody says

don’t have a problem if somebody says

don’t have a problem if somebody says you know you’re wrong on something I’d

you know you’re wrong on something I’d

you know you’re wrong on something I’d go back and look at the facts and I

go back and look at the facts and I

go back and look at the facts and I think that I think that really is much

think that I think that really is much

think that I think that really is much more important frankly than having a few

more important frankly than having a few

more important frankly than having a few points of IQ or or having an extra

points of IQ or or having an extra

points of IQ or or having an extra course or two in school or anything of

course or two in school or anything of

course or two in school or anything of the sort you need emotional stability I

the sort you need emotional stability I

the sort you need emotional stability I really love that last bit to be talked

really love that last bit to be talked

really love that last bit to be talked about emotional stability I think it’s

about emotional stability I think it’s

about emotional stability I think it’s really important for entrepreneurs to

really important for entrepreneurs to

really important for entrepreneurs to understand where your threshold is of

understand where your threshold is of

understand where your threshold is of how much crap you could take from other

how much crap you could take from other

how much crap you could take from other people how much negativity how much

people how much negativity how much

people how much negativity how much feedback and criticism that you could

feedback and criticism that you could

feedback and criticism that you could take without it impacting your psyche or

take without it impacting your psyche or

take without it impacting your psyche or your self-worth I think in general as an

your self-worth I think in general as an

your self-worth I think in general as an entrepreneur you need to be prepared to

entrepreneur you need to be prepared to

entrepreneur you need to be prepared to get a lot of crap a lot of negativity a

get a lot of crap a lot of negativity a

get a lot of crap a lot of negativity a lot of stuff thrown at you and yes it’s

lot of stuff thrown at you and yes it’s

lot of stuff thrown at you and yes it’s easy to say don’t care what other people

easy to say don’t care what other people

easy to say don’t care what other people think but understanding what your

think but understanding what your

think but understanding what your tolerance level is and where you kind of

tolerance level is and where you kind of

tolerance level is and where you kind of fit on that spectrum can really help you

fit on that spectrum can really help you

fit on that spectrum can really help you design the rules so that they’re in your

design the rules so that they’re in your

design the rules so that they’re in your favor so as an example there’s a guy on

favor so as an example there’s a guy on

favor so as an example there’s a guy on my team who doesn’t handle criticism as

my team who doesn’t handle criticism as

my team who doesn’t handle criticism as well you know I’m a lot more comfortable

well you know I’m a lot more comfortable

well you know I’m a lot more comfortable in the uncomfortable where he can bounce

in the uncomfortable where he can bounce

in the uncomfortable where he can bounce around a lot more of who on top of the

around a lot more of who on top of the

around a lot more of who on top of the world like this is great and then

world like this is great and then

world like this is great and then negative feedback comes in and it really

negative feedback comes in and it really

negative feedback comes in and it really impacts them hardly and then the

impacts them hardly and then the

impacts them hardly and then the positive one comes in any jokes back up

positive one comes in any jokes back up

positive one comes in any jokes back up and so for someone like him you can’t

and so for someone like him you can’t

and so for someone like him you can’t design as much risk as much a negativity

design as much risk as much a negativity

design as much risk as much a negativity or potential negativity so you got to

or potential negativity so you got to

or potential negativity so you got to take

take

take a safe path up where for me I’m more

a safe path up where for me I’m more

a safe path up where for me I’m more comfortable in the uncomfortable I know

comfortable in the uncomfortable I know

comfortable in the uncomfortable I know that eventually something’s going to

that eventually something’s going to

that eventually something’s going to work out and I know that at the

work out and I know that at the

work out and I know that at the beginning of any project it’s going to

beginning of any project it’s going to

beginning of any project it’s going to be rough that it made a hut workout then

be rough that it made a hut workout then

be rough that it made a hut workout then we’re going to get some criticism and so

we’re going to get some criticism and so

we’re going to get some criticism and so I’m more willing to jump all in and play

I’m more willing to jump all in and play

I’m more willing to jump all in and play in that field even though it’s painful

in that field even though it’s painful

in that field even though it’s painful at the moment because I know the faster

at the moment because I know the faster

at the moment because I know the faster I get to that pain the fast we’re going

I get to that pain the fast we’re going

I get to that pain the fast we’re going to come out the other side I want that

to come out the other side I want that

to come out the other side I want that feedback and criticism negativity as

feedback and criticism negativity as

feedback and criticism negativity as soon as possible so that I can make it

soon as possible so that I can make it

soon as possible so that I can make it better better for you better for me

better better for you better for me

better better for you better for me better for everybody and so

better for everybody and so

better for everybody and so understanding what your tolerance level

understanding what your tolerance level

understanding what your tolerance level is of emotional stability how much you

is of emotional stability how much you

is of emotional stability how much you can take from your friends and your

can take from your friends and your

can take from your friends and your family and your customers and your

family and your customers and your

family and your customers and your audience and the people watching you

audience and the people watching you

audience and the people watching you before you break and then be able to

before you break and then be able to

before you break and then be able to play just below that limit because you

play just below that limit because you

play just below that limit because you can’t just play super safe because

can’t just play super safe because

can’t just play super safe because that’s not going to make you happy as an

that’s not going to make you happy as an

that’s not going to make you happy as an entrepreneur but no one your limit isn’t

entrepreneur but no one your limit isn’t

entrepreneur but no one your limit isn’t playing just below it so that it’s

playing just below it so that it’s

playing just below it so that it’s uncomfortable it’s painful but you’re

uncomfortable it’s painful but you’re

uncomfortable it’s painful but you’re still going to be able to get through it

still going to be able to get through it

still going to be able to get through it I think is really important that

I think is really important that

I think is really important that self-awareness I think is really

self-awareness I think is really

self-awareness I think is really important as an entrepreneur so the

important as an entrepreneur so the

important as an entrepreneur so the question day today is I’m curious how

question day today is I’m curious how

question day today is I’m curious how high is your tolerance level for taking

high is your tolerance level for taking

high is your tolerance level for taking criticism for other people how much does

criticism for other people how much does

criticism for other people how much does it bother you and can you get through it

it bother you and can you get through it

it bother you and can you get through it or not really curious to find out please

or not really curious to find out please

or not really curious to find out please leave it down in the comments below I

leave it down in the comments below I

leave it down in the comments below I also want to give a quick China to

also want to give a quick China to

also want to give a quick China to leaflet Lian Wheatland thank you so much

leaflet Lian Wheatland thank you so much

leaflet Lian Wheatland thank you so much for picking up a copy of my book your

for picking up a copy of my book your

for picking up a copy of my book your one word I really really appreciate the

one word I really really appreciate the

one word I really really appreciate the support and I hope you’re enjoying the

support and I hope you’re enjoying the

support and I hope you’re enjoying the read so thank you guys again for

read so thank you guys again for

read so thank you guys again for watching I believe in you I hope you

watching I believe in you I hope you

watching I believe in you I hope you continue to believe in yourself and

continue to believe in yourself and

continue to believe in yourself and whatever your one word is and I’ll see

whatever your one word is and I’ll see

whatever your one word is and I’ll see you again

you again

you again tomorrow morning for another shot events

tomorrow morning for another shot events

tomorrow morning for another shot events Press

if the rest of the people really feel

if the rest of the people really feel they meet as a politician furthermore

they meet as a politician furthermore

they meet as a politician furthermore bad politicians and I feel sad or

cunning great cunning liar politicians

cunning great cunning liar politicians then of course no problem

then of course no problem

then of course no problem the one son says I’m the good person

the one son says I’m the good person

the one son says I’m the good person sons a bad person and dull matter some

sons a bad person and dull matter some

sons a bad person and dull matter some of my own motivation for thinking is

of my own motivation for thinking is

of my own motivation for thinking is honest since a that’s it that’s

honest since a that’s it that’s

honest since a that’s it that’s important that’s simple Buddhist monks

important that’s simple Buddhist monks

important that’s simple Buddhist monks actually easy but that is it taught

actually easy but that is it taught

actually easy but that is it taught don’t care for the others are the same

don’t care for the others are the same

don’t care for the others are the same if one say too much praise then at that

if one say too much praise then at that

if one say too much praise then at that time should think oh I also have the

time should think oh I also have the

time should think oh I also have the critics and then one says it one

critics and then one says it one

critics and then one says it one criticism then you should think or some

criticism then you should think or some

criticism then you should think or some people pissing me the so doesn’t matter

people pissing me the so doesn’t matter

people pissing me the so doesn’t matter too much so because of the pay much

too much so because of the pay much

too much so because of the pay much attention these things are silly how did

attention these things are silly how did

attention these things are silly how did you ignore all those naysayers and

you ignore all those naysayers and

you ignore all those naysayers and continue to sort of blaze the trail

continue to sort of blaze the trail

continue to sort of blaze the trail about 90 95 % of all new ventures fail

about 90 95 % of all new ventures fail

about 90 95 % of all new ventures fail so if you just bet against all new

so if you just bet against all new

so if you just bet against all new ventures the odds or 90% you’re going to

ventures the odds or 90% you’re going to

ventures the odds or 90% you’re going to be right 90% of the time but you’re

be right 90% of the time but you’re

be right 90% of the time but you’re going to miss that one out of 110 or 120

going to miss that one out of 110 or 120

going to miss that one out of 110 or 120 chances to to really hit a home run and

chances to to really hit a home run and

chances to to really hit a home run and I wasn’t worried about Dom then they say

I wasn’t worried about Dom then they say

I wasn’t worried about Dom then they say are saying it wasn’t going to work I

are saying it wasn’t going to work I

are saying it wasn’t going to work I just I just laughed about it because I

just I just laughed about it because I

just I just laughed about it because I knew it was and you worked very hard at

knew it was and you worked very hard at

knew it was and you worked very hard at it is well I I wasn’t going to let it

it is well I I wasn’t going to let it

it is well I I wasn’t going to let it fail and even if you read my book it’s

fail and even if you read my book it’s

fail and even if you read my book it’s right there that I wasn’t going to let

right there that I wasn’t going to let

right there that I wasn’t going to let it fail and I’m not going to let all I’m

it fail and I’m not going to let all I’m

it fail and I’m not going to let all I’m not going to let humanity fail to get

not going to let humanity fail to get

not going to let humanity fail to get rid of nuclear weapons and and now and

rid of nuclear weapons and and now and

rid of nuclear weapons and and now and and and and handle this energy thing I’m

and and and handle this energy thing I’m

and and and handle this energy thing I’m going to keep fighting till till we

going to keep fighting till till we

going to keep fighting till till we start getting it right pay a lot

start getting it right pay a lot

start getting it right pay a lot attention to reviews and those kind of

attention to reviews and those kind of

attention to reviews and those kind of things well you know you’re always

things well you know you’re always

things well you know you’re always affected by opinion but the

affected by opinion but the

affected by opinion but the the more opinions there are of you the

the more opinions there are of you the

the more opinions there are of you the more I the less I look at them because I

more I the less I look at them because I

more I the less I look at them because I just can’t live my life based upon what

just can’t live my life based upon what

just can’t live my life based upon what other people think about me so I can’t

other people think about me so I can’t

other people think about me so I can’t concern myself too much with what other

concern myself too much with what other

concern myself too much with what other people think you know it’s just not

people think you know it’s just not

people think you know it’s just not healthy I don’t think I can I could

healthy I don’t think I can I could

healthy I don’t think I can I could continue to do what I do if I was

continue to do what I do if I was

continue to do what I do if I was constantly worrying about what somebody

constantly worrying about what somebody

constantly worrying about what somebody thought about it

”

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