Billionaire Advice Every Biz Kid Should Hear

There’s no doubt about it: being a young entrepreneur requires the DNA of a pioneer. But groundbreaking doesn’t require that one go it alone. Many of today’s most wildly successful entrepreneurs started out as Biz Kids. In this week’s post, we dig through magazine articles, biographies, and newspapers to uncover 11 pieces of sage advice from some of the most brilliant entrepreneurs of our time. 

Warren Buffett
Warren Buffett

Name: Warren Buffett

First Income: Door-to-door egg sales

Advice: “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

Oprah Winfrey
Oprah Winfrey

Name: Oprah Winfrey

First Income: Grocery Store Clerk

Advice: “You are where you are in life because of what you believe is possible for yourself.”

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Name: Jeff Bezos

First Income: McDonalds Short-Order Cook

“One of the only ways to get out of a tight box is to invent your way out.”

Sarah Blakely
Sarah Blakely

Name: Sarah Blakely

First Income: Walt Disney World Cast Member 

Advice: “Don’t be intimidated by what you don’t know.” 

Sean Combs
Sean Combs

Name: Sean Combs a.k.a. P Diddy

First Income: Record Company Intern

Advice: “It always seems impossible until it’s done.”

Thomas Edison
Thomas Edison

Name: Thomas Edison

First Income: Selling candy on the train

Advice: “Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.”

Beyonce
Beyonce

Name: Beyonce Knowles-Carter

First Income: Star Search television appearance fee

Advice: “Embrace mistakes. They make you who you are.” 

Elon Musk
Elon Musk

Name: Elon Musk

First Income: Video game code

Advice: “I think it is possible for ordinary people to choose to be extraordinary.” 

Melinda Gates
Melinda Gates

Name: Melinda Gates

First Income: Math tutoring

Advice: “If you are successful, it is because somewhere, sometime, someone gave you a life or an idea that started you in the right direction.”

Steve Jobs
Steve Jobs

Name: Steve Jobs

First Income: Part-time employee for Hewlett-Packard

Advice: “Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.”

Daymond John
Daymond John

Name: Daymond John

First Income: Flyer distribution

Advice: “Don’t focus on you, focus on what you can give others.”