2022.10.6 "Naval Book", this book solves two major problems: How to have the ability to make money? How to have the ability to be happy?
Methodology for creating wealth 123:
1. You need to find/cultivate your own uniqueness
In the matter of "being yourself", no one is better at it than you. In your most passionate field, expertise in edge exploration, lifelong learning, looking at the long term, believing in compound interest, 99% of your efforts are in vain, be patient.
Note: Personal reputation is important, you must be completely honest at all times. You have to be willing to take responsibility.
2. Find leverage that can be borrowed
Naval divides leverage into three categories:
• Labor leverage: refers to hiring people to do things for you, which is a relatively primitive and inefficient leverage;
• Capital leverage: Use money to expand the influence of decision-making, but you need to complete the original accumulation first;
• The carrier for copying margin to become zero: such as patents, codes, books, movies, music and other pure information products. Make money with your mind, not with time.
3. Enhance judgment using lever
Naval mentioned that the way to enhance judgment is to think clearly.
The premise of thinking clearly is to understand the basic knowledge thoroughly and record a large number of facts.
When you find your own uniqueness, learn how to use leverage, and enhance your judgment of using leverage, you complete your productization and build yourself into a system that continuously creates wealth.
The purpose of our pursuit of wealth is actually for happiness.
And happiness is not a result, but a ability.
We must always remember Naval's words:
The so-called happiness is the moment when desire is absent!
Naval's method of getting rich is to teach, but you can learn it. Reading is not to improve oneself, but to improve oneself is not to improve oneself.
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