Leverage: The difference between linear and exponential growth
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Leverage: The difference between linear and exponential growth
Investor and entrepreneur Naval Ravikant on the importance of leverage:
“Humans evolved in societies where there was no leverage. If I was chopping wood or carrying water for you, you knew eight hours put in would be equal to about eight hours of output. Now we've invented leverage... As a worker, you want to be as leveraged as possible so you have... See more
“Humans evolved in societies where there was no leverage. If I was chopping wood or carrying water for you, you knew eight hours put in would be equal to about eight hours of output. Now we've invented leverage... As a worker, you want to be as leveraged as possible so you have... See more
jamesclear.com • 3-2-1: On Systems vs. Goals, Endings, and the Importance of Leverage | James Clear
... See moreLeverage is the force multiplier of the world, the principle that allows the small to move the large and the few to influence the many. It’s the idea that a little force, strategically applied, can yield outsize outputs.
The key is to use leverage wisely and judiciously by understanding the systems you want to influence and considering the second-
Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).
Code and media are permissionless leverage. You can create software and media that works for you while you sleep.
Naval Ravikant
Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).
Eric Jorgenson • Almanack of Naval Ravikant
To 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.