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Snowball: How did Buffett make his first 1 000 dollars?
Snowball started with a few snowflakes.

1 snowflake was obtained by Warren Buffett when he was only 6 years old. When he was a child, Buffett not only sold chewing gum, but also sold red boxes of Coca-Cola, peddled soda, and proudly stuffed every coin he earned into a coin jar hanging on his belt. At the age of 6, he had his 1 passbook card, which was his 1 bank account.

When Buffett was nearly 10 years old, he and his friends began to resell second-hand golf courses. Think about what we were doing when we were 10. At the age of 10, Warren got a job selling peanuts and popcorn during football matches at the University of Omaha.

10 years old, Buffett also experienced a special thing. In their family, every child 10 years old, his father Howard will take them to travel to the east coast of the United States. This is a great event in a child's life. Warren Buffett knows exactly what he wants. He told his father that he wanted to do three things. He wants to see Scott Stamp and Coin Company, Leonard Train Model Company and new york Stock Exchange.

Father Howard Buffett did what he wanted to do, and he took his son to lower Manhattan to visit the head of one of the largest brokerage firms. He met Sidney Weinberg for the first time 1. Buffett not only met the most prestigious person on Wall Street at that time, but also talked with him for about half an hour. In this conversation, he felt that big people like Weinberg on Wall Street paid so much attention to him and seemed to care about their own ideas. What happened when I was a child was deeply imprinted in Buffett's heart.

After returning to Omaha, Buffett was deeply attracted by a book entitled "1000 tips to earn 1000 dollars". This book is full of practical business advice and ideas for making money. After reading this book, this 10-year-old child, in the Great Depression of 194 1, announced that he would become a millionaire at the age of 35. It sounds incredible, but he did it.

1942 Warren already has 120 dollars. He bought three preferred shares for himself and his sister Doris, one of which cost 1 14.75 dollars. He didn't know the stock when he bought it. All he knows is that it is a stock that his father likes very much. This stock earned $5 more for himself and Doris, but it rose $207. If he had been more patient, he would have earned $492 instead of $5. From the age of six, from selling used golf balls to selling popcorn and peanuts in baseball fields, the money earned in five years is only $ 120.

So, at the age of 65,438+00, Buffett had bought his first stock, went to the New York Stock Exchange on Wall Street, talked with the most prestigious people on Wall Street, knew his life direction, and met his first good book that influenced him.

At the age of 1 1, my father Howard became a member of parliament. So the family moved to Washington. Life in Washington is completely different from Omaha. This is a great challenge for everyone in the family. Buffett returned to Omaha to live with his grandfather during the holiday. He often goes to the community to collect and sell waste newspapers and magazines, and his aunt will take her to the waste collection station. 100 pound of waste paper sold for almost 35 cents.

Meanwhile, Buffy Warren Buffett is still under the command of his grandfather Ernest. Grandpa likes his grandson very much and loves him very much, but he will be asked to do many trivial chores. Even in winter, Buffett and his friends were asked to shovel snow for five hours, and his grandfather gave them $654.38 billion, which means that he only earned 20 cents an hour.

In this way, year after year, little by little, Buffett's sales talent has also been recognized by others. One of his adult friends, Mr. Miller, asked him to help with the warehouse in Washington, D.C., which contained hundreds of pounds of boxes containing moldy cornflakes and dog food. Because it's too far from Washington, I sent these things directly to Buffett's home, because Buffett is the only person he knows who is in Washington. No matter what price he sells, just give him half. Buffett sold these things and earned about 100 dollars. He sent Mr. Miller $50 to help him keep his job.

At this time, Buffett found a newspaper delivery job for Washington post and The Times Herald, and started his newsboy career. Buffett accumulated a lot of money by delivering newspapers. He has many jars with 50 cents and 25 cents. He not only delivers newspapers, but also caddies at a famous golf course. In fact, delivering newspapers is not easy, even extremely difficult. "It costs 30 cents a day to wear sports shoes and take out the bus card. I am sitting on the bus of the Washington Transportation Company in a daze and even reluctant to eat breakfast. He usually arrives at the newspaper delivery place at 4: 30 in the morning. " At 4: 30 in the morning, I think most of them are asleep. At the age of thirteen or fourteen, Buffett not only started the hard work of delivering newspapers, but also found the most efficient route of delivering newspapers, turning the boring and repetitive work into his own competition. At the same time, he also promoted desk calendars to customers and exhibited another sideline, that is, promoting new magazines.

At the age of 14, he had completed the 1 step proposed in his favorite book "Tips for Making 1000 Dollars"-his total savings was about 1000 Dollars.