Fortunes require leverage. Business leverage comes from capital, people,... - Deepstash

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).

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alibinnaseer

Writer | Content Creator | Physics Lover | Programmer | Muslim

This is not a summary, nor anything of my own. This is a life-changing thread from Naval's twitter account. Follow him on X, @naval

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Fortunes Require Leverage

Fortunes Require Leverage

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).

3 Positions of Leverage

3 Positions of Leverage

Leverage is a force multiplier for your judgment. 3 options:

  • Labor: making other humans working for you. It is the oldest form of leverage, and actually not a great one in the modern world. Because managing other people is incredibly messy.
  • Money

<p><strong><u>Find a Position ...

Find a Position of Leverage

13. We live in an age of infinite leverage, and the economic rewards for genuine intellectual curiosity have never been higher.

14. PRODUCTS WITH NO MARGINAL COST OF REPLICATION.

15. The higher the creativity component of a pro...

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