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How to break bad habits
How habits are formed
The importance of consistency
The economy follows a cyclic path, with a different set of dynamics for getting rich, and for staying rich.
Nothing stays the same, and change is the only constant, with the very forces that cause things to go in a certain direction also planting the seeds to push them in the opposite direction.
In economic terms, the cycle goes like this: Recessions cause sentiments to go down, causing underproduction, which leads to scarcity, sowing the seeds for growth.
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Example: Netflix was a DVD rental service before pivoting into the world's biggest content streamer.
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