How to become a rich person?
From a technical perspective, it only takes two things.
1. You own equity in something.
2. Sell as much of that equity as you can to others.
The most straightforward is interest rates.
When you deposit money in a bank, the bank pays you interest. When you take out a mortgage to buy a house, you pay interest to the bank. Over a 30-year loan term, the interest equals the principal—on a $200,000 mortgage, you repay $400,000 in total ($200,000 principal plus $200,000 interest). This already represents the lowest cost of capital.
The public perception may make it sound derogatory, but it isn't actually a failure.
Because compared to people in similar circumstances, he clearly stands far above them.
The greatest value lies in self-awareness.
Self-awareness means seeing what you lack and recognizing what others possess, yet still finding contentment in what you already have. #ReadingNotes
As an individual, you can just do what you think is right—once you decide, go for it. But a team is much more complex. Sometimes, doing what’s right won’t work; if you insist on the “correct” approach, you might end up shutting yourself down in the process.