Secret Millionaires Club: Warren Buffett's 26 Secrets to Success in the Business of Life

SECRET #11

Open Minds Let In Better Ideas!

SECRET #11 Opening your mind can open the door of success.

Is your mind open or closed?

In a successful business, managers show respect for others' opinions by encouraging different ideas. Put another way, these managers are open-minded.

By being open-minded, a business can create a positive environment for its workers by inviting everyone to suggest new ideas to improve the company and make it more successful.

In life, being positive and open-minded is also very important. It's always a better choice to be optimistic about the future and project a positive attitude.

So remember: Successful people look for new ideas. They don't automatically say “no”; they ask, “What are the terms and conditions of ‘yes’?”

Radley learned about keeping an open mind when BILL GATES, a very successful businessman, visited Secret Millionaires Club headquarters.

Mr. Gates asked if Radley, Starty, Lisa, Elena, and Jones would travel to a small African village that didn't have electricity. He explained that if they could find a way to bring electricity to the village, the villagers would then be able to read books at night and access the Internet, as well as keep food and medicines cold.

Secret Millionaires Club was up for the challenge and, two days later, arrived at the village! It was nestled in a valley with a fast-flowing stream running beside it.

When ...