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What I've learned so far reading the "wealth" section The Almanack of Naval Ravikant, I strongly recommend everyone to read it.
by Eric Jorgenson
Humanity has used several forms of leverage to create wealth through history, Naval Ravikant summarizes them into four kinds: Labour, Capital, Media and Code.
Besides leverage, the way we put work into our careers and proje...
Leverage is about disconnecting your inputs from your outputs, or increasing the ratio between one and the other.
For example, if you're a lumberjack and work by yourself, 8 hours of work will equal roughly "8 hours worth" of output, depending on your physical capacity and...
Easier and more efficient than leveraging work in which "hours worked" is the main input, you can leverage work based on iterations.
If you have the knowledge required for some manual kind of work – let's use baking as an example – you can productize the information itself ...
"But I'm not qualified enough to do it" False. Not only can you market it as beginner friendly and sell it for cheaper, you will also learn even more by creating, and then be able to reiterate and make new, diferent kinds of content.
Thanks to the new forms of leverage, you...
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