This Is the Story of a Rich Japanese Investor
There was a wealthy man who had over 200 girlfriends, each giving birth to his child. Surprisingly, over a hundred of t…
He who fulfills others' needs creates wealth.
You need to casually complete an investigation of the world in your own learning, work, and life processes.
In the workplace, you need to make four key preparations—essentially, clarifying four things.
The first thing you mu…
What Isn’t in Demand Is Inventory; What Is in Demand Is Wealth.
Side Hustles in the United States in 2022
According to a survey, 40% of Americans have a side hustle, up 6% from a year ago. Nearly half report spending less than 10 hours per week on their side hustle, while those with one earn an average of $12,689 annually. About 37% earn $5,000 or more per year from their side hustle, and roughly 17% earn $15,000 or more (roughly $500 a month).
Younger people are more likely to have a side hustle.
Many people cannot escape the dynastic cycle inherent in their own lives.
The more mature a system becomes, the more it tends to prioritize its own continued existence. Tools are meant to solve…
Potential Transaction Costs
Buy ten boxes of apples, sell ten boxes—unsold boxes are still a cost. Buy ten cases of soda, half-week sell-through versus half-year sell-through, is that the same thing?
Cost isn't just rent, utilities, and purchase price. Those fixed expenses aren't the real cost. The true cost is transaction cost—sales loss and sales turnover rate (velocity).
This world is very realistic: you worry about everyone else, but no one has time to worry about you.
No matter how big the cake is, if you don't have the ability to make money, not a single bite belongs to you. No matter…
You run a supermarket, and your niche is helping residents in the community live better lives.
First, you need the right timing (business qualifications, cost issues), the right location (a prime spot where custome…