Companies that start by redesigning the economics of an industry often finish by redesigning the whole industry-and owning it.
Fun things happen when you earn dollars, live on pesos, and compensate in rupees.
There are certain things I will automate, but when it comes to quality control, I want to keep a very close eye.
The best entrepreneurs I’ve ever met are all good communicators. It’s perhaps one of the very few unifying factors.
As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income and mobility, in descending order of importance. Most people focus exclusively on income.
Nothing can match the wonderment that comes from staring up into the star-filled canopy above and realizing that you are a part of that creation.
For the employee, the goal is to have full access to necessary information and as much independent decision-making ability as possible. For the entrepreneur, the goal is to grant as much information and independent decision-making ability to employees or contractors as possible.
Sometimes you need to go on a low-information diet.
$1,000,000 in the bank isn’t the fantasy. The fantasy is the lifestyle of complete freedom it supposedly allows.
The bottom line is that you only have the rights you fight for.
Learn to be difficult when it counts. In school as in life, having a reputation for being assertive will help you receive preferential treatment without having to beg or fight for it every time.
Most people are fast to stop you before you get started but hesitate to get in the way if you’re moving.
Uncertainty and the prospect of failure can be very scary noises in the shadows. Most people will choose unhappiness over uncertainty.
Just because you are embarrassed to admit that you’re still living the consequences of bad decisions made 5, 10, 20 years ago shouldn’t stop you from making good decisions now. If you let pride stop you, you will hate life 5, 10, and 20 years from now for the same reasons.
Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it. I call this the freedom multiplier.
Short, sweet, and to the point. Clear writing, and therefore clear commands, comes from clear thinking. Think simple.
Doing less is not being lazy. Don’t give in to a culture that values personal sacrifice over personal productivity.
The best way to improve mental performance is to improve physical performance.
Just because something has been a lot of work or consumed a lot of time doesn’t make it productive or worthwhile.
Don’t suffer fools or you’ll become one.