2 tips for business success from entrepreneurial icon Warren Buffett

Culture plus leadership plus trust equals wealth; so goes the simple formula Warren Buffett adheres to. Here are two business tips for success from the renowned CEO, according to a Forbes report.

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•    Build your business on economic principles, not accounting principles. Focus on long-term results, rather than devoting time to quarterly earnings calls.
•    Create trust. Ensure leadership trusts the its team and works to earn that trust in return.

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