Update May 2021

Welcome to my profile

May — Sun is out, and every tree and flower are fully blooming and showing their beauty. Also, we humans are affected by the energy that is flowing through the season.

Love is in the air, some say, and even for those who are single — spring is the time of the year when people want to get to know new people.

I am in love with spring, the sun, and all the colorful experiences nature offers these days in the northern hemisphere.

It is the 5th month of the year, and it is also a…

…and the 5 that didn’t make the cut

All pictures in the article are Canva Pro Stock Photos.

Did you know that speaking the same language significantly helps to build business relations? It is proven that companies putting effort into training their staff in foreign languages — especially languages of countries they want to do business with — have better returns than businesses that don’t respond to that.

What are the most important languages in the world in the coming years?

Why is it necessary to learn languages?

Let´s clarify some thoughts first to get the right frame around the ranking.

We have Artificial Intelligence in development worldwide. And Google Translate already translates entire business and legal text…

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by Christian Soschner

Newtons First Law and the 2 Minute Rule

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I got up in the morning, had many great ideas of what I can accomplish today, sat down, and made my to-do list for today.

Well, and suddenly it was 8 pm, and the list looks not much different than in the morning. Nothing that I checked off the list. It was just another one of those days - lockdown blues.

The Austrian politicians say lockdown is over, but actually, it became a not-so-hard form of the never-ending lockdown experience since last year March. …

It is all over now…

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… the institutions and politicians start pushing back, which was all over the news last week.

Why do I think this way?

Let me explain:

Last Week, the silent crypto-death showed its ugly face in the Berkshire Hathaway annual Shareholder Meeting in which Charlie Munger expressed his utmost disgust about Bitcoin and all cryptocurrencies.

Warren Buffett didn’t want to speak to this topic out of fear of hurting the feelings of Berkshire Investors who bought Bitcoin. Well, his actions speak louder than words.

India and Turkey are Going to Ban Bitcoin & Co

But that was not the first time that the Black Crypto Death showed off his ugly face…

Weekly Review May 2

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I love reading newspapers, magazines, and books, although I have to admit that since the internet revolutionized the availability of information, I switched mostly to reading online.

But there is a huge difference between reading online and offline:

Whenever I finished a book, a newspaper, or a magazine by turning the last page over, I had a feeling of accomplishment. It felt good to look back on the great content I have read, reflect it briefly in my mind, and put the book, magazine or newspaper away.

30 years ago, I had quite a significant collection of books, magazines, and…

Warren Buffett’s and Charlie Munger’s opinion on everything important

Source: Flickr

One of my childhood heroes — Warren Buffett and his successful investments with his company Berkshire Hathaway. After finishing a commercial school in 1994, I went to the university for a major in economics. My friends and I mostly discussed what Warren Buffett did when investing during these wonderful days in my early twenties.

It was just buying and holding — well, the right companies. Influenced by his example, I started reading more about what makes companies successful and have kept it up until now.

The annual shareholder meeting of Berkshire Hathaway was and is iconic. Before the pandemic, almost…

A Life’s Journey

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There was this signature noise of Bruce Lee that I cannot put into words. Everyone who knows Bruce Lee movies most likely knows what I am writing about.

His movies were the reason I got into martial arts. The way he moved in the movies was mesmerizing to me as a young boy in 1979 — me at the age of 5 watching Bruce Lee movies in a neighbor's house.

Naturally, I wanted to train in martial arts and started with Karate. …

The greatest entrepreneur of all time

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Since I got interested in entrepreneurship somewhen in the midst of the 1980s, a few personalities have caught my eye. One of my childhood day heroes was Jack Welch — the CEO of General Electrics from 1981 to 2021.

He coined the 70/20/10 Rule when it comes to developing the human resources in a company. Another childhood hero was Warren Buffett; although his investment style seems to be a bit outdated, still working well.

The thing was, these were people who were already successful basically before I consciously remember being interested in developing business. …

And the 1 to avoid with its six subtypes

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Starting a new company has become a dream for many people. Some want to change the world for the better, and others want to get rich.

There are not really more motivations to start a company, in my opinion, and most of the time, the second one results from the first one.

Just think about Jeff Bezos, Amazon or Steve Jobs Apple, or have a look at the Forbes 100 Real-Time Billionaires list.

The first 10 places go to people who have built successful companies and shows names like

  • Jeff Bezos
  • Bernard Arnault,
  • Elon Musk
  • Warren Buffett or
  • Bill Gates

Christian Soschner

Entrepreneur | Passionate Writer | Mindset Coach | Martial Artist | Lifelong Learner | Avid Reader | Investor | Speaker | http://Linktr.ee/soschner

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