Don’t fool yourself: keep your thoughts and vision for the future clear
Don't fool yourself; your thinking, your ideas, and your thoughts about the future must be clear.
When Broke, Tread Lightly with Generosity; When Wealthy, Be Openly Frugal
When you're broke, you have to be generous carefully. When you're wealthy, you can be stingy openly. #ReadingNotes#
What Exactly Is Wisdom?
The degree to which a person can manipulate and utilize their time is wisdom. #ReadingNotes#
How We Relate to Money Shapes Our World
If you want to know what lower-income groups will eventually spend their money on, look at what high-income groups are …
When You Treat Everything Around You as a Monetizable Means of Production, You Increase Your Chances of Making Money
Everyone understands stories differently.
Your vision determines your trajectory. When someone treats everything around them as capital—something that can be monetized—they easily find opportunities to make money. Starting with small profits and building from there, they eventually step up to a larger stage.
Advantages are always changing, so it’s crucial to understand what gives you the edge at any given moment.
A group of people submit resumes. If you're the only one with a prestigious degree among them, it becomes your advantage. Once you're in the company, everyone's from top schools—then it's no longer an advantage. You notice everyone's a tech guy except you, who's articulate—then articulateness becomes your edge. But when everyone's articulate and you're the only one who understands tech, that becomes your advantage.
You can’t know the world’s extent at the start—you have to take two steps forward
Making money — did you actually pull it off? Spending money — can you deliver on what you buy? Achieving either of those is impressive.
So if you can't do it, the first thing you need to learn is respect — respect for those who can.
Storytelling is effort-driven, but true success is 30% effort and 70% fate.
Success is rarely replicable, but failure can be avoided by learning from past mistakes.