
Bill Gates and Warren Buffett give credit to this ‘one word for' for their success; it might change your life too
Bill Gates and Warren Buffett give credit to this 'one word for' for their success; it might change your life too
When asked to sum up their success in just one word,
Bill Gates
and
Warren Buffett
both responded with the same answer. Despite coming from different industries, their paths to becoming two of the world's most influential billionaires were shaped by an intense dedication to their respective passions. Gates revolutionised personal computing while Buffett transformed the investment world with long-term strategies. Their routines, habits, and decisions were rooted in purpose rather than chance. Their journeys offer lessons that apply well beyond boardrooms or billion-dollar deals. Whether you're a student, professional, or entrepreneur, understanding what shaped their success can provide insight into how to shape your own path.
One word that defined the success of Bill Gates and Warren Buffet
In a 2016 conversation moderated by Charlie Rose, Bill Gates and Warren Buffett were each asked to write down one word that best explained their success. Without any prior discussion, both chose the same word: focus. This shared answer reflected a deep truth about their lives. Gates had focused himself in computer programming during his teenage years, eventually leading to the creation of tech giant Microsoft. Buffett, on the other hand, began investing at the age of 11 and built his empire through disciplined long-term strategies. Their ability to concentrate on one area for decades helped them to develop unmatched expertise and build lasting success.
Bill Gates' early passion for technology
Bill Gates has often said that the things you focus on as a teenager can shape your entire future. In a 2016 interview with Charlie Rose, he shared how his obsession with computer programming between the ages of 13 and 18 laid the foundation for what would become Microsoft. His interest in technology was sparked when he got access to a computer at his school and started learning codes. He was fascinated by the potential of software to solve problems. In 1975, he dropped out of Harvard and co-founded Microsoft with Paul Allen. Gates led the company through major innovations like Windows that made personal computing accessible to millions. That early focus turned into one of the most successful tech companies in the world. By age 20, Gates had already become a millionaire. Today, his net worth is estimated at about $127 billion, making him one of the richest persons on Earth.
Warren Buffett's lifelong commitment to investing
Warren Buffett showed a strong interest in money and business from an early age. He bought his first stock at the age of 11 and never stopped learning about investing. Fascinated by numbers and value he spent hours reading financial reports and books like The Intelligent Investor by Benjamin Graham which shaped his thinking. Buffett studied economics and built a strategy based on buying undervalued but strong companies. As the head of Berkshire Hathaway he turned a small textile firm into a powerful holding company with stakes in Geico, Coca-Cola, American Express and Apple. Known for his discipline and patience he rarely follows market trends. His focus on long-term value helped him become one of the most successful investors in history. With a net worth near 160 billion dollars Buffett's life shows the strength of staying focused on a single goal.
The story of a shared word by Gates and Buffett
At an event hosted by Gates' father, both Gates and Buffett were asked to write down one word that explained their success. Without consulting each other, they both wrote the same thing—focus. Buffett later explained that they had each found their strength early and stuck with it. Gates focused on software. Buffett focused on investments. Their ability to commit and stay on track made all the difference.
Lessons anyone can apply to be successful in life
You don't have to be a billionaire to apply these lessons. Start with these three simple ideas:
Start early if you can: The earlier you begin, the more time your skills or investments have to grow. But even a late start can be powerful if you're consistent.
Stay consistent: Both Gates and Buffett focused deeply and stuck with their mission over decades. They didn't change direction often, and that gave their efforts time to succeed.
Think long term: Buffett believes in long-term investing and sticking with quality companies. Gates built a company with a long-term vision for the future of computing.
The takeaway is clear. Whether your dream is to build software, run a business, or master a craft, the key is to find your focus and stick with it. In a world full of distractions, staying true to a single direction can be the biggest advantage of all.
Also read |
Sam Altman just dropped a big AI prediction for 2026; experts are skeptical
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
2 hours ago
- Economic Times
Meta's $14.8 billion Scale AI deal latest test of AI partnerships
Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals, which some have criticized as an attempt to evade regulatory scrutiny. The deal, announced on Thursday, was Meta's second-largest investment to date. It gives the owner of Facebook a 49% nonvoting stake in Scale AI, which uses gig workers to manually label data and includes among its customers Meta competitors Microsoft and ChatGPT creator OpenAI. Unlike an acquisition or a transaction that would give Meta a controlling stake, the deal does not require a review by US antitrust regulators. However, they could probe the deal if they believe it was structured to avoid those requirements or harm competition. The deal appeared to be structured to avoid potential pitfalls, such as cutting off competitors' access to Scale's services or giving Meta an inside view into rivals' operations - though Reuters exclusively reported on Friday that Alphabet's Google has decided to sever ties with Scale in light of Meta's stake, and other customers are looking at taking a step back. In a statement, a Scale AI spokesperson said its business, which spans work with major companies and governments, remains strong, as it is committed to protecting customer data. The company declined to comment on specifics with Google. Alexandr Wang, Scale's 28-year-old CEO who is coming to Meta as part of the deal, will remain on Scale's board but will have appropriate restrictions placed around his access to information, two sources familiar with the move confirmed. Large tech companies likely perceive the regulatory environment for AI partnerships as easier to navigate under President Donald Trump than under former President Joe Biden, said William Kovacic, director of the competition law center at George Washington University. Trump's antitrust enforcers have said they do not want to regulate how AI develops, but have also displayed a suspicion of large tech platforms, he added. "That would lead me to think they will keep looking carefully at what the firms do. It does not necessarily dictate that they will intervene in a way that would discourage the relationships," Kovacic said. Federal Trade Commission probes into past "aquihire" deals appear to be at a standstill. Under the Biden administration, the FTC opened inquiries into Amazon's deal to hire top executives and researchers from AI startup Adept, and Microsoft's $650 million deal with Inflection AI. The latter allowed Microsoft to use Inflection's models and hire most of the startup's staff, including its co-founders. Amazon's deal closed without further action from the regulator, a source familiar with the matter confirmed. And, more than a year after its initial inquiry, the FTC has so far taken no enforcement action against Microsoft over Inflection, though a larger probe over practices at the software giant is ongoing. A spokesperson for the FTC declined to comment on Friday. David Olson, a professor who teaches antitrust law at Boston College Law School, said it was smart of Meta to take a minority nonvoting stake. "I think that does give them a lot of protection if someone comes after them," he said, adding that it was still possible that the FTC would want to review the agreement. The Meta deal has its skeptics. US Senator Elizabeth Warren, a Democrat from Massachusetts who is probing AI partnerships involving Microsoft and Google, said Meta's investment should be scrutinized. "Meta can call this deal whatever it wants - but if it violates federal law because it unlawfully squashes competition or makes it easier for Meta to illegally dominate, antitrust enforcers should investigate and block it," she said in a statement on Friday. While Meta faces its own monopoly lawsuit by the FTC, it remains to be seen whether the agency will have any questions about its Scale investment. The US Department of Justice's antitrust division, led by former JD Vance adviser Gail Slater, recently started looking into whether Google's partnership with chatbot creator was designed to evade antitrust review, Bloomberg News reported. The DOJ is separately seeking to make Google give it advance notice of new AI investments as part of a proposal to curb the company's dominance in online search.


Time of India
7 hours ago
- Time of India
Empowering farmers through knowledge sharing held by CAFRI
Jhansi: The 15-day long campaign aimed at enlightening the farmers of Bundelkhand with new technologies and technical knowhow to increase their crop productivity, organised by ICAR-Central Agroforestry Research Institute, concluded here on Thursday. During a press brief held here on Friday, principal scientist CAFRI RP Dwivedi said that the main objective of the campaign, termed 'Viksit Krishi Sankalp Abhiyan-2025', was to reach farmers before the monsoon, equipping them with technical knowledge. The initiative also sought to create awareness about various govt schemes, promote good agricultural practices, and encourage active farmer participation. According to Dwivedi, The campaign's focus rested on improving farmers' understanding through field demonstrations, direct interactions, and expert consultations over a period of fifteen days, he said and added the key goals of the campaign included dissemination of information on improved agricultural methods, adoption of modern technologies suitable for Kharif crops, promoting crop selection using soil health cards, and ensuring the efficient use of approved inputs. Principal Scientist AK Handa said that during the campaign, a team of seventeen scientists along with technical staff from CAFRI visited ninety villages in the region and conducted awareness and outreach activities. The team worked to increase awareness regarding agroforestry systems, distributed quality seedlings, provided literature on smart farming, and delivered site-specific guidance to the farming community. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like One of the Most Successful Investors of All Time, Warren Buffett, Recommends: 5 Books for Turning... Blinkist: Warren Buffett's Reading List Click Here Undo Demonstrations on soil health management and agroforestry-based models were conducted alongside interactive sessions. The campaign concluded on June 12 with an online programme attended by the Union minister of agriculture, Govt of India, Shivraj Singh Chauhan, and the director-general of ICAR, ML Jat. All scientists, officers, and institute staff participated virtually in this closing event. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .


Time of India
7 hours ago
- Time of India
Iran-Israel war: Iran airspace shut, international flights from India to take longer
Representative image NEW DELHI: Flights between the West and India, mainly Delhi and Mumbai, will get even longer following the Iranian airspace closure on Friday after Israel attacked the country's nuclear sites. Sixteen Air India (AI) flights were impacted Friday, with the majority diverting and the others returning to origin. AI had resumed overflying Iran shortly after Pakistan had closed its airspace to Indian carriers on April 24 to partially mitigate the longer route its flights had to take since then. While AI will have to take longer routes to and from the West, IndiGo between Delhi and Tbilisi and Delhi and Baku will become one-stop flights now. With both Pakistan and Iran no-go areas, Indian carriers will have to take really longer routes to reach Central Asia. "We are studying the situation and some AI flights may become one-stop after closure of Iran airspace," said sources. Also, if and when Iran retaliates, the airspace of countries near Israel, like Jordan and Lebanon, also be impacted. This has in the past forced airlines to take longer detours in that area whenever conflict escalates. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List "Due to the emerging situation in Iran, subsequent closure of its airspace, and in view of safety of our passengers, (some) Air India flights are either being diverted or returning to their origin. We regret the inconvenience caused to our passengers due to this unforeseen disruption and are making every effort to minimise it, including providing accommodation for passengers," Air India said Friday. "Refund on cancellation or complimentary rescheduling is also being offered to guests who opt for it. Alternative arrangements are being made to fly passengers to their destinations. We advise passengers to check their flight status," AI added. Air India flights impacted Friday were AI-130 (London Heathrow-Mumbai), diverted to Vienna; AI-102 (New York-Delhi), diverted to Sharjah; AI-116 (New York-Mumbai), diverted to Jeddah; AI-2018 (London Heathrow-Delhi), diverted to Mumbai; AI-129 (Mumbai-London Heathrow), returned to Mumbai; AI-119 (Mumbai-New York), returned to Mumbai; AI-103 (Delhi-Washington), returned to Delhi; AI-106 (Newark-Delhi), diverted to Vienna; AI-188 (Vancouver-Delhi), diverted to Jeddah; AI-101 (Delhi-New York), diverted to Frankfurt/Milan; and AI-126 (Chicago-Delhi), diverted to Jeddah. Also impacted were AI-132 (London Heathrow-Bengaluru), diverted to Sharjah; AI-2016 (London Heathrow-Delhi), diverted to Vienna; AI-104 (Washington-Delhi), diverted to Vienna; AI-190 (Toronto-Delhi), diverted to Frankfurt; and AI-189 (Delhi-Toronto), returned to Delhi.