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…

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. …

… 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…

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…

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…

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. …

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. …