Reading Notes – Page 9

The Human Side of Business

The first is fear. People tend to follow the crowd. In a red ocean, there are many players—the downside is it's crow…

February 7, 2026 Read more →

Corporate: Two Types Only

One approach is to avoid monopoly. If you don't monopolize, you can't make money. If you can't make money, you're left …

The length of a person’s life is limited, and when money is no longer a constraint, time becomes the limiting factor.

How to make the most of your time is the weak point; how to enjoy life with high quality is what's truly lacking.

If you observe the underlying logic of all human behavior, it boils down to this: most people are selling their time, while a few are truly enjoying themselves. The only reason a few can acquire the time of the many is that the game you created is also enjoyable to others.

The Crabs Principle: The Upper Class Lifts Each Other Up, the Lower Class Steps on One Another

If you put a single crab in a bamboo basket, it can quickly crawl out. But if you put a group of crabs in there, none o…

February 2, 2026 Read more →

An opportunity is something you only realize after you’ve lost it.

Without action, it's all just talk—nothing comes of it.

How to Use Money

What should you do with money? Use it to attract people. As a boss, you need to be generous. You should take the ini…

There are only two choices in life: buy assets or buy liabilities.

Don't buy liabilities; learn to buy assets. The same applies to time. Learn to invest in time assets, not time liabilities. When you buy time assets, you become more and more free; when you buy time liabilities, you become increasingly out of control.

Every time a desire arises, you'd best think about whether it's truly an asset or a liability when measured on the timeline of your life.

The Chain of Contempt and Cash Flow

I drink Maotai, smoke Huazi cigarettes, drive BBA cars, and live in a big house. I look down on you for drinking Erguot…