Eric Jorgenson

It’s much more important today to be able to become an expert in a brand-new field in nine to twelve months than to have studied the “right” thing a long time ago.

Obviously, nothing is ever completely wasted because it’s all a learning moment. You can learn from anything. But for example, when you go back to school, 99 percent of the term papers you did, books you read, exercises you did, things you learned, they don’t really apply. You might have read geography and history you never reuse. You might have studied a language you don’t speak anymore. You might have studied a branch of mathematics you completely forgot.

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom.

Learn to sell. Learn to build. If you can do both, you will be unstoppable.

Specific knowledge is knowledge you cannot be trained for. If society can train you, it can train someone else and replace you.

Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it.

Wealth is assets that earn while you sleep.

Once something works, it’s no longer technology. Society always wants new things. And if you want to be wealthy, you want to figure out which one of those things you can provide for society that it does not yet know how to get but it will want and providing it is natural to you, within your skill set, and within your capabilities.
Then, you have to figure out how to scale it because if you only build one, that’s not enough. You’ve got to build thousands, or hundreds of thousands, or millions, or billions of them so everybody can have one.

I view scientists as being at the top of the production chain for humanity.

Society, business, & money are downstream of technology, which is itself downstream of science. Science applied is the engine of humanity.