Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).
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From the eponymous tweet storm of Naval Ravikant. I have benefitted heavily from this guy.
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Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).
Leverage is a force multiplier for your judgment. 3 options:
Product leverage is where the new fortunes are made
The new generation’s fortunes are all made through code or media. Joe Rogan making 50 to 100 million bucks a year from his podcast, Jeff Bezos and Mark Zuckerberg are all code-based leverage.
Add in Capital and you...
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