The easy way your assets increase in value by 50% more than they are now, at least, is to hone your communication skills - both written and verbal.

Legendary investor and billionaire Warren Buffett has a tip for young people: "Focus on learning how to write and speak clearly."

Buffett shared this in a video on the LinkedIn recruitment network.

The video was posted by Michael Hood, the co-founder of Toronto-based startup Voiceflow. This startup allows users to design, build and launch skills for Amazon's Alexa smart speakers without knowing how to code or program.

"If you can't communicate, it's like winking at a girl in the dark - nothing happens. You can have all the brainpower in the world, but you have to be able to transmit it. And the transmission is communication " - Buffett said.

"And the transmission is communication," said billionaire Buffett, who has a net worth of more than $ 86 billion according to Forbes.

Billionaire entrepreneur Richard Branson has also agreed that the ability to communicate effectively is crucial to success.

"Today, if you want to succeed as an entrepreneur, you also have to be a good storyteller," said the British businessman in a 2016 blog post. " Good storytelling doesn't help if your product or idea is trash. But if it's not enough to make a great product; you also have to find a way to let people know about it. "


This advice is also the first thing that Buffett ever learned.

Buffett said in a BBC video that appeared in 2009: "I was terrified of public speaking when I was in high school and college."

"I can't do it. I mean I'll give up and everything," Buffett said.

But when he was young, Buffett did a public speaking course at Dale Carnegie, a workplace development and training organization founded by author Dale Carnegie.

"I do have a diploma in communication. And I don't have a college degree but I have a Dale Carnegie. That's where it changed my life," Buffett said in the video.

And it was a decision to improve his own skills, something Buffett is currently sharing. The billionaire insisted to Hood that "Invest in yourself".