Doing business is inherently a game of effort without certainty about when returns will come.
Running a business is inherently a game of staying committed, even when you can’t predict when the returns will come.
The space between what one can endure and what one can achieve is the room to survive.
The further your two lines diverge from everyone else's, the greater your room to operate—and this holds true for any competitive game.
A high ceiling and a low floor mean ample maneuvering space.
Every additional step eliminates half the people and drastically reduces success rates
Most people's expectation of the world is that there's a button on Earth: I press it, beep beep, and gold coins explode…
The value of hard work is inherently linked to feelings of unworthiness
It’s the belief that you’re unworthy as you are right now, and that you must earn the right to live through hard work.
Writing diaries from the perspective of an error notebook is meaningful.
Grind problems, categorize, correct errors, and advance iteratively.
Self-blame is just a negligible interjection; t…
Don’t Follow the Path: Dare to Overturn the Table and Rewrite Your Fate
First, stick it in like a nail.
Second, think about what others have, what they want, and what they're willing to give up. On something truly unfeasible, it's better to do someone a favor or maintain your role as the wronged party—let them owe you one, and you'll cash in later.
Only by being willing to play a pawn can you ever have the chance to become a player.
Too many people have sky-high ambitions but only a day's patience.
Decision-making is inherently the ultimate test of true capability.
Decision-making is exactly like this: you can't judge by appearances. On the surface, it might seem like the husky won by luck, and the German shepherd looked tough. But in reality, a dumb dog is just a dumb dog, and a wolf-like dog is a wolf-like dog.
Decision-making is a person's most authentic ability—commonly known as the ability to choose well.
Trade Doesn’t Require You to Produce—Selling Others’ Goods Can Be Profitable, Depending on Your Customer Acquisition Ability.
Whether one business model can reach 100 million users or just 10,000 makes a huge difference in your profitability. That's the leverage game.
When you can add leverage, the time horizon moves faster; when you can't, it moves slower.