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Discover Everything Carbon County - Business & Tourism
Your Guide to Jim Thorpe, Lehighton, Palmerton, Penn-Kidder, Weatherly & Panther Valley.


                            FIND YOUR FUN IN CARBON COUNTY THIS FALL!



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Highlights from This Year's CCEDC "The Sturm Cup" Golf Outing...

 

 

 

Video courtesy of the Full Moon Video Services/Full Moon TV.






We Aren't Your Ordinary Chamber!

UPCOMING FEATURED CHAMBER EVENTS


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What Would Warren Buffett Do? 



We have all heard of Warren Buffett, the investment guru otherwise known as the "Oracle of Omaha".  Mr. Buffett has amassed a fortune by actually doubling or in some cases tripling his net worth in every decade of his life and is now estimated to be worth over $67 billion. 

A single share of his company's stock is $191,396.  Yep that's right.  A single share of Berkshire Hathaway stock is enough to buy a house.

There are hundreds of articles and books on how he accumulated his wealth, but not much information on what he does in his spare time.

Not very surprising given the fact that we are a culture of workaholics and to have someone as successful as Mr. Buffett actually spend time doing something besides working is practically unheard of.  Yet, the way he balances work and life is something that should make many of us who work long arduous hours sit up and take notice.  

Here are 5 things Warren Buffett does each day that we could all learn from:

1. Read 500 pages.

According to Mr. Buffett, "I do more reading and thinking, and make less impulse decisions than most people in business." Makes sense; the better read you are, the more informed you are, the less impulsive you are.

2. Exercise a little.

In 2007 (at the age of 77), he revealed that his doctor had given him a simple choice: "Either you eat better or you exercise." Mr. Buffett chose exercise, "the lesser of two evils."

3. Be grateful, not wasteful.

Mr. Buffett has pledged to give away 99 percent of his fortune during his lifetime.  Now I know that for most of us that would not amount to much when compared to Warren Buffett.  But we can still be grateful for what we have and share what we can with those less fortunate.  That includes time and talent and not just money.

He is also very frugal. Not only does he live in the same house he bought in 1958 for $31,500, he also likes to treat people to McDonald's for lunch.

4. Play a game that requires patience.

Mr. Buffett has admitted that he manages his ever-growing fortune like he's playing a game. He enjoys regularly playing financial "mind games" such as Bridge that help him better see patterns in his investments.  "You're seeing new situations every ten minutes...Bridge is about weighing gain/loss ratios so you're doing calculations all the time."

5. Have a hobby that's just for fun.

To people who often work more than the normal 40 hours a week something as mundane sounding as a "hobby" is unheard of. But Mr. Buffett likes his hobbies and is reportedly a pretty good ukulele player even writing his own songs.  

Take time for yourself to recharge your brain.  Sign up for one of the Chamber's events.  We will also work with you to find your business solutions from marketing ideas to low interest loans.  After all, we are not your grandfather's Chamber! 

 

 

Looking to Expand and Grow Your Business and Need Financial Assistance?
The CCEDC Can Help!

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The CCEDC currently offers two loan programs that are administered through the CCEDC: The Revolving Loan Program and the Small Business Expansion Loan. In addition, we also offer PIDA loans on behalf of the Department of Community Economic Development (DCED).

CLICK HERE to Learn More and for Application.