Warren Buffett’s wealthy mindset enabled him to build wealth over time through discipline, patience, and a long-term focus on investing in companies that have strong fundamentals such as Coca-Cola and Apple. Known for his frugality, he still lives in the same house he bought in 1958 and drives a modest car.

Buffett reads extensively and surrounds himself with successful people.

He also believes in continuous learning and self-improvement. He focuses on investing in companies with strong fundamentals and a good management team for the long term. He’s not interested in making quick gains. Most people don’t think about investing until their 30’s or later, not realizing the power of compound interest.īuffett’s wealth mindset is characterized by his patience and long-term focus. I don’t think I ever doubted it for a minute.” Buffett started investing at age 10 giving him an immediate jump on compounding his wealth. He’s quoted as saying, “I always knew I was going to be rich. He is known for his disciplined approach to investing, and his long-term focus on building wealth. Warren Buffett is widely considered to be one of the most successful investors of all time, with a net worth of over $100 billion dollars. It is imperative that you shift your thinking to create a wealthy mindset. (Many lottery winners have experienced this.) Your actions stem from your beliefs about money and prosperity. If you don’t get your head in the right place, even if you come into millions you’ll fritter it away. If you want to become wealthy or retire early, the first step is to create a wealthy mindset.

The money makeover