Tag: asked

Here’s what Warren Buffett said when Tony Robbins asked him how he got so rich

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Everyone has to start somewhere, even the wealthiest, most successful people.

Billionaire Warren Buffett hasn’t always been as incredibly rich as he is today. In fact, 99% of his wealth was earned after his 50th birthday.

The investing legend has been slowly building his fortune over the years, and today, the 85-year-old billionaire is one of the richest men in the world, with an estimated net worth of over $60 billion.

How did he come to earn such a mind-blowing amount of money?

Tony Robbins, motivational speaker and author of “Money: Master the Game,” decided to ask him.

“I asked Warren Buffett — I said, ‘What made you the wealthiest man in the world?'” he tells entrepreneur and business coach Lewis Howes in an episode of his podcast, “The School of Greatness.”

“And he smiled at me and said, ‘Three things: Living in America for the great opportunities, having good genes so I lived a long time, and compound interest.‘”

Buffett has always been an advocate of keeping things simple and focusing on the long term — that’s why he recommends low-cost index funds.

One of the keys to Buffett’s wealth is simply time: 60-plus years of smart investing has allowed him to reap the benefits of compound interest.

Compound interest is when the interest earned on your investments earns interest itself. It’s what causes wealth to rapidly snowball, and in Buffett’s case, snowball to billions of dollars.

SEE ALSO: Tony Robbins shares the one thing you should teach your kids about money

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Here are 13 of the strangest, toughest job-interview questions people in Britain have been asked

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Job interviews are a nerve wracking experience at the best of times. You want to put the best of yourself across and ensure that you get the job.

Interviews can get even more stressful if you’re thrown a really tricky, or slightly weird question by your prospective employer. But what sort of strange questions do people get asked?

To find out, Business Insider looked to Glassdoor, the job and careers marketplace. Glassdoor picked out some of the hardest and strangest questions asked by employers in the UK.

Explaining why employers ask tricky, off-the-wall questions, Susan Underwood, Glassdoor’s Head of Global Recruiting and Talent Acquisition said: “Employers want to determine how different candidates respond to challenges, and those who respond well may have the edge when it comes to receiving a job offer.”

Check out the questions below.

“You are lost at sea. You saved 15 items — put them in order of importance.”

For a position as a Customer Service Advisor at BT in Swansea.

 

“You are scuba diving with a friend. They are running out of oxygen but you’ve got plenty. What do you do?”

For a position as an Account Executive at Autotask, an IT management software company in Richmond.

“If I told you that you had to run 5km in 30 minutes in two weeks time, and your life depended on it, how would you prepare?”

For a position as a Corporate Foreign Exchange Broker at Alpha FX in Windsor.

See the rest of the story at Business Insider

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14 difficult questions companies like Google and SpaceX have asked job candidates during an interview

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If you think interview questions like “What’s your biggest strength?” and “Where do you see yourself in five years?” are tough, you’re in for a rude awakening. 

Some companies are asking far more challenging — an in many cases, oddball — questions of job candidates, like “How many basketballs would fit in this room?” and “How would you sell hot chocolate in Florida?”

Job site Glassdoor recently combed through its tens of thousands of interview questions shared by job candidates during the past year to find some of the most difficult and bizarre questions. 

“Job candidates at employers across all industries should be ready to answer any question, from the most basic to the most challenging,” says Susan Underwood, Glassdoor’s head of global recruiting and talent acquisition. “Employers are asking tough interview questions to test a job candidate’s critical thinking skills, see how they problem solve on the spot, and gauge how they approach difficult situations. Employers want to determine how different candidates respond to challenges, and those who respond well may have the edge when it comes to receiving a job offer.”

Interestingly, Glassdoor found that there is a statistical link between a tough interview process and greater employee satisfaction. Across six countries, more challenging interviews upfront were associated with higher employee satisfaction later on. 

Here are some of the strangest and most challenging questions companies are asking job candidates right now, according to Glassdoor:

SEE ALSO: The favorite job interview questions of Elon Musk, Richard Branson, and 26 other highly successful executives

‘When a hot dog expands, in which direction does it split and why?’ —SpaceX Propulsion Structural Analyst job candidate

‘Would you rather fight one horse-sized duck, or 100 duck-sized horses?’ —Whole Foods Market Meat Cutter job candidate

‘If you’re the CEO, what are the first three things you check about the business when you wake up?’ —Dropbox Rotation Program job candidate

See the rest of the story at Business Insider

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