Developing your communication skills can make 'a major difference in your future earning power' according to Warren Buffett. (via CNBCMakeIt)
That's because, "what's really essential is being able to get others to follow your ideas," the Berkshire Hathaway chairman and CEO told Segal. "If you're a salesperson, you want people to follow your advice. If you're a management leader, you want them to follow you in business."chairman and CEO of Berkshire Hathaway
Communication isn't something that came naturally to Buffett. "Up until the age of 20, I was absolutely unable to speak in public," he told Segal. "Just the thought of it made me physically ill." When he was at Columbia Business School, he decided to do something about it and paid $100 to take a Dale Carnegie public speaking course.
The class met once a week for a couple of months, but Buffett continued to practice public speaking even after it ended. "As soon as the course was over, I went to the University of Omaha and said, 'I want to start teaching,'" he recalled. "I knew that if I did not speak in front of people quickly I would lapse back to where I'd started.
He doesn't have his diploma from the University of Nebraska or Columbia on display in his office, but he does have the Dale Carnegie graduation certificate visible. It "gave me the most important degree I have," he said, adding: "It's certainly had the biggest impact in terms of my subsequent success."
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