Eric Jorgenson

The people who have the ability to fail in public under their own names actually gain a lot of power.

Think about what product or service society wants but does not yet know how to get. You want to become the person who delivers it and delivers it at scale. That is really the challenge of how to make money.

The final form of leverage is brand new—the most democratic form. It is: “products with no marginal cost of replication.” This includes books, media, movies, and code.

You’re never going to get rich renting out your time.

Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.
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Building specific knowledge will feel like play to you but will look like work to others

“Give me a lever long enough and a place to stand, and I will move the earth.”
—Archimedes
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Getting rich is about knowing what to do, who to do it with, and when to do it. It is much more about understanding than purely hard work. Yes, hard work matters, and you can’t skimp on it. But it has to be directed in the right way.

If you don’t know yet what you should work on, the most important thing is to figure it out. You should not grind at a lot of hard work until you figure out what you should be working on.

How to Get Rich (Without Getting Lucky):

Pick business partners with high intelligence, energy, and, above all, integrity.