How to Make Wealth
paulgraham.comSaved by Matthew Giampetroni and
How to Make Wealth
The essential task in a startup is to create wealth; the dimension of wealth you have most control over is how much you improve users' lives; and the hardest part of that is knowing what to make for them. Once you know what to make, it's mere effort to make it, and most decent hackers are capable of that.
Paul Graham • Startups in 13 Sentences
Brie Wolfson added
get rich you need to get yourself in a situation with two things, measurement and leverage. You need to be in a position where your performance can be measured, or there is no way to get paid more by doing more. And you have to have leverage, in the sense that the decisions you make have a big effect.
Paul Graham • Hackers & Painters: Big Ideas from the Computer Age
Jordan Bester added
Wealth is what people want, and if people aren’t using your software, maybe it’s not just because you’re bad at marketing.
Paul Graham • Hackers & Painters: Big Ideas from the Computer Age
“People are good at learning by imitation,” Housel notes. “But the hidden nature of wealth makes it hard to imitate others and learn from their ways.” We can’t imitate many of the actions that lead to wealth because the most important action that leads to wealth—not spending every dollar we make—is an anti-action. Wealth comes, in part, from the th... See more
Luke Burgis • Cargo Cult Startups
Sixian added
Nobody becomes superwealthy through paychecks—it takes equity in growing assets to create real wealth. Just compare the net worth of CEOs to the founders of their companies. Cash compensation will improve your lifestyle, but not your wealth—it isn’t enough, and saving is counterintuitive and just plain hard. High-income individuals tend to flock to
... See moreScott Galloway • The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google
The Ladders of Wealth Creation: A Step-by-Step Roadmap to Building Wealth
Nathan Barrynathanbarry.com
sari and added