Quotes that every young entrepreneur and small businessmen should know from the Mexican Billionaire Carlos Slim.
(Photo : Reuters)

Quotes from Mexican Billionaire Carlos Slim that will help small entrepreneurs and small businessmen become a business tycoon, according to a published article in We Are Mitu.

Carlos Slim is one of the most successful and wealthiest people in Mexico. He studied engineering at the National Autonomous University (UNAM) in Mexico before he ventured into business and later become head of one of the leading business empires in the country. 

His wealth and fortune come from businesses such as finance, industrial, telecommunications, media sectors, and more. At present, Slim has more than 200 companies, and he was also responsible for one of the largest stocks. This year, Forbes included him as the 5th richest man in the world, making him the richest man in Mexico. 

With the triumph and success that he has had in the business industry, it is just worthy to hear some words of wisdom that will ignite the young entrepreneurs and businessmen to think big. Here are some quotes from Carlos Slim:

1. "Firm and patient optimism always yields its rewards." 

Carlos Slim always believed that there is a purpose for being patient. Latinos should know it too well that patience is the key in life. An example of this is waiting in long lines or counting down the days until the weekend. Just like the old saying goes, "Patience is a virtue."

2. "Success is not about doing things well or even very well, or being acknowledged by others." 

Success could be a tricky thing. Sometimes we get frustrated because of outcomes we did not expect or want. We picture things in our minds and expect that it will happen that way. However, we should be reminded that pursuing our goals is to satisfy ourselves and not the expectation of others. 

3. "Do not allow negative feelings and emotions to control your mind." 

It is hard nowadays to deflect negativity in our lives. It could be from social media, friends, or even from our family. However, we need to learn how to block negative messages and not to allow them to control our lives and emotions. We have to act positively.

4. "If you are in business, you are not enjoying it. You are working." 

When Carlos Slim was asked if he will consider buying the New York Yankees this is exactly what he said. However, it is true. If you are in business it is hard to balance or separate work from fun, but you have to make a way to find true balance in life.

5. "Shorter workweeks are a solution to civilization shifts."

Studies have shown that long weekends make employees happier. Imagine your life as an employee having a shorter workweek, you will have more time with your family and would return back to work with more enthusiasm. 

6. "When you give, do not expect to receive." 

There is always a point in our lives where we expect to receive something after we give. However, this should not always be the case. When we give, we do it because we want to help. It is just like helping the homeless or the elderly without expecting something in return.

7. "Twitter is not a way to negotiate." 

Carlos Slim said that social media is not the starting point of communication. Slim was prompted to speak on this matter after a twitter rant from President Donald Trump caught his attention. Albeit Trump is richer, so there's that.