Wealth freedom skills: commercialize yourself

The way to turn yourself into a product , One is to find yourself , One is leverage .

Skills to make money ： Turn you into a product

Making money is a skill ： Turn yourself into a product

You must learn the skill of making money , If you don't know this skill , It's about being at home all day trying to get rich overnight , It's no use .

What are the skills to make money ？ Sum up in one sentence , Namely “ Turn yourself into a product ”. Two key words ： One is to value yourself , One is called productization . What do you mean “ Value yourself ” Well ？

It's about finding your own uniqueness . Many people don't make money , Because I always hope to be similar to others . Others take a certificate , I also got this certificate ; Others have this diploma , I also have to have this diploma ; Someone else is opening this shop , I also open a shop .

You become a NPC（ Non player characters ）, They are the little people that can be replaced in the game , Because you're trying to be like everyone else .

If you really want to make money , You have to be different , Find your true self , Uniqueness is very important .

What do you mean “ Commercialization ”？

Productization is to find leverage , Can magnify your ability . for instance , Lecture every day , No product , Or this product is not easy to sell , Because the marginal cost is very high , You can only make money by lecturing , So this is not called productization .

however , When we turn the content of the lecture into a software , Everyone can download it 、 You can listen to such a thing when you register your account , This is called productization .

In life , Ask yourself two questions as you search for wealth ：

The first question is , Is this what I really want ？ This is about finding yourself ;

The second question is , Have I made it a product ？ If these two problems are solved , You can make money .

What is the essence of money ？ Money is an IOU from this society .

You have made contributions to the society , It can't give you something back in time , That's called bartering , It returns you a piece of paper , This piece of paper is money , On behalf of society now owes you 100 block , More contribution, more return . When you realize that money is an IOU , Do you know what to do ？ You have to create enough value for this society , This society will give you enough ious .

Wealth and money are two different things

Wealth is after sleep , It can still give you something that can continuously create money .

for instance , A house can be regarded as wealth , Because the house can be rented , Are you asleep? , Can also rely on it to get income , So it's a fortune .

Equity in the company , It can be regarded as wealth , If you have a particularly good company in your hands , Even if you fall asleep , The company is still running , It will bring you wealth .

For bonds , You have to be careful . Because holding bonds means that you need to take the risk of the company's decline , So bonds are not good assets .

High tech stuff 、 Shares in the company , This is the asset .

You have a patent , This is the asset . If you have a patent , You can charge a patent fee , For example, others charge 20 cents a time . Or you wrote a song , This song is on the website , Other people charge oneortwo cents for a download , This is wealth .

A writer will have a deep understanding of this , Wrote several books , Work or not every year , The happiest thing is the collection fee . This book was written ten years ago , But I can still receive the payment this year , That surprise really made people happy . Many writers become investors by collecting royalties .

Everything you can see in the market now , They are all high-tech products . Be sure to pay attention to the latest technology , Technology can bring new products .

When plastic bags were first born, they were high-tech ？ That is the high technology of chemical engineering . If you could build a factory to produce plastic bags , That must have made a fortune , Because no one can produce plastic bags , Only you can .

Li Ka Shing started by selling plastic flowers , These were all high-tech products in those days . High technology has a process of transmission , With the spread of more and more widely, it is no longer high-tech , You won't make any money .

If you want to make money , You should always pay attention to high-tech 、 The cutting edge , Pay attention to how this thing is applied , Pay attention to “ Assets after sleep ” The source of the .

Find your talent , Be yourself .

What are the ways to accumulate expertise ？

first , You need to know that expertise cannot be taught , But it can be learned . Can one make a fortune , There are a lot of accidental factors , It's definitely not something you can learn from a single course . Those who clap their chest and say that listening to my class can ensure your success , That is to “ fleece the flock ” People who , Because he was overly convinced that the method he taught was effective .

Profitable business skills cannot be taught . Why? ？ Because if I can definitely teach you , I can teach it programmatically to everyone , And if I could teach it programmatically to everyone , Then this thing must be worthless .

It's like making plastic bags , Can be taught , Because this is a method , Everyone can learn , No problem . If the whole society learns to produce plastic bags in batches 、 cement 、 Brick firing , All kinds of businesses that made money in those days have become unprofitable now . therefore , This business skill cannot be taught .

But why can it be learned ？ The same class is taught in the same classroom in the University , But there are many different kinds of students . Some people think that this university is very valuable , Can learn a lot , In fact, this is not what the teacher taught him , He learned it himself .

We can attend classes , You can learn , But don't rely on listening and learning . What we learn and listen to classes is just an inspiration , Let's broaden our horizons , Find a chance .

Can you succeed in the end , It depends on whether your own brain reacts , And whether you have tried . Only work hard enough , Just have a chance to have a good luck . This is the secret of success .

In being yourself , No one can compare with yourself .

How can we be different from others ？ The answer is to be yourself . If you just want to be someone else every day , That's out of the question . It's like 《 Amazon Chronicle 》 It mentioned that Bezos said “ There is no way to go ”.

What is entrepreneurship ？ To start a business is to have a way , Seeing others do this , Don't do it again , You have to find your way . Every successful venture is an original .

Find a way to find your most passionate area to do things , Instead of just focusing on who gives me a high salary .

“ Who gives me a high salary ” What do you get for money ？ Is to exchange time for money . It means you have no wealth , Because as long as you don't spend this time , There will be no income .

Although I exchange time for money , You can support your family , But you can never be a man of wealth and freedom , Because you have no money as long as you don't work .

Where is your specialty ？ Personal expertise must belong to the edge of the field of knowledge .

You've reached the edge of your field , Keep trying on this edge , Finally, I made a new thing , This comes from our inner passion . The most important skill to get rich is to become a lifelong learner .

A teacher in a university , Even the tutor of the doctor , It is impossible to bring you to the edge of knowledge , It must be on your own slowly 、 Walk alone to the edge of that knowledge , Be an orphan . Then you need to keep thinking , Keep exploring , Finally, we can go out . Whether it's wealth , Or relationships , Or knowledge , You have to remember one thing —— Compound interest .

The role of compound interest , It is a long-term view .

Some people say that compound interest doesn't work ？ Someone posted such a post ： Every year 5%, impossible . But you need to know , In the field of knowledge , Compound interest can work .

You keep reading so many books , The more books you read , When I read the next book , The easier , The easier it is to see the bright spots in this book , This is the compound interest effect at work , And continue to accumulate .

At the interpersonal level 、 At the level of knowledge 、 On the level of wealth , You have to believe in compound interest . What are the benefits of believing in compound interest ？ Take a long view , Because the effect of compound interest cannot be seen in the short term .

You've just been reading for a year or two , Just say why it hasn't changed , It's no use for a year or two , People will think that others have made money by moving bricks , I don't make money studying here . That's because you don't see the process of compound interest finally working . So whether investing or making friends , We should all focus on the long term .

With a long-term view, we have two priorities .

first , Personal reputation is very important . If you have no personal reputation in society , Then you can't use all kinds of levers .

What is a lever ？ You have to hire people , That's the lever ; You want to borrow money , That's the lever . But who will money and people go with ？ It must be someone with a good reputation . If you have a bad reputation , That man can't be hired , I can't find the money .

the second , In life 99% All our efforts are wasted , This is normal . Many of us are impatient , I think it's hard to start a business , I can't go on , wait . This is a typical feature of the power law effect , The first half looks bad , Suddenly good luck ,1% I have achieved all my life through my efforts .

therefore , Understand the power law , Understand the effect of compound interest , You can be more patient .

Of course some people are lucky ,20 When I was in my teens, I was 1% There it is , Behind him is the of his life 99%, It's also possible . He who has patience has the world .

Turn yourself into a product

How to get more leverage ？ You should learn to take responsibility

Why do some people only like to work ？ You let me carry bricks , I'll move the bricks , You asked me to write PPT, I'll write PPT, You just give me money . What makes working happy is that you don't have to be responsible , Even if the company goes bankrupt, I have to settle my salary first , Because I am a vulnerable group . however , You can never get leverage if you are irresponsible .

The way to turn yourself into a product , One is to find yourself , One is leverage .

What are the levers ？ It can be divided into three categories .

The first is called labor force lever

Just like the industrialized production of Ford in those days , That is, it can hire a lot of people , These people become the leverage to enlarge the company's wealth , This is called labor leverage .

The second is called capital leverage

For example, a friend is a fund manager , A fund manager must have a high reputation , When he said he was willing to help others with their money , Someone will give him billions . He can raise billions , Help others to operate , This is called capital leverage .

Both need a good reputation and the ability to take responsibility .

The third is the carrier with zero marginal cost

This is also a lever . Including code 、 The media 、 book 、 Records and patents , Although these things don't seem to bring in the same revenue as a company , But it is a lever that can help you enlarge infinitely .

bill · Gates just writes code to make DOS System 、Windows The system is all made into software , Keep copying , Until the marginal cost is zero , In fact, its production cost is almost zero .

A writer wrote a Book , Unlimited replication , If you can sell 10 million copies , Sell 100 million copies , This is a huge lever .

These three kinds of levers can help us enlarge our wealth .

Why encourage us to take responsibility ？

Because failure is not as terrible as you think . A great invention in the field of Commerce in human history , The limited liability company system , It has promoted the substantial development of the market economy , In the past, many people were afraid to start a business , Because once you compensate, you may have to pay for a lifetime , In case the business fails , You may have to pay your father's debts to your son , You can't turn over .

later , Set a bottom line , It's over when the company loses money , Personal salary 、 Dividends you can take back these assets , With this guarantee , A large number of entrepreneurs have emerged .

This is to use institutional creation to design an anti fragile figure . Why entrepreneurship is cost-effective ？ Because there is a limit for entrepreneurs to lose money , It's over when the company loses money , This is the limited liability company system .

If you are particularly worried about taking responsibility , Then you are likely to spend your whole life worrying about money , Because you dare not try . This society still has some protection for the bankrupt .

Unlike 《 Merchant of Venice 》 The debtors in the are going to jail , It is even possible to cut off the flesh to pay off the debt . Today we have no debtors' prison , Even if you are in debt , You're broke , Your reputation has been damaged , But you still have a chance to start all over again . therefore , You have to learn to take responsibility .

How to find the lever ？ The way is not to follow the trend 、 Find love .

Whatever you do , We should aim at the things themselves , Instead of aiming for money .

The less desire you have for one thing , Less worry , The less obsession , On the contrary, the more you let nature take its course , Follow your heart . You will do what you are good at , Do it consistently , The quality of work will be improved …… If society can train you , Then one day , Society can also write code , Replace you with a computer .

If you want to be a good seller , You have to do something similar to others , Then someone else will take your place , Because others can do it without any effort , In the end, no one can make money .

To get financial rewards , You need to provide what society needs , But something you can't get . Schools don't teach us the skill of doing business , What the school teaches us is basically what we try to standardize , What we can learn is what makes us different . Whatever you do , We should aim at the things themselves , Instead of aiming to make money .

Three levers ： Labour 、 capital 、 Products with zero marginal cost . If you use labor as leverage , This has a very high demand on your management ability , If you can't lead a team , You can't manage a factory with thousands of people . If you use capital as leverage , This has a high demand on your social reputation , You don't have a high enough social reputation , You can't get capital money .

What ordinary people should consider most seriously , It is the lever that takes the product with zero marginal cost as the carrier .

Simply divided into books 、 The media 、 The movie 、 Code . If you can program , Be able to write programs , This is a kind of bill · Gates' lever ; If you can make a movie , Like Disney 、 Marvel is like this ; If you can write a Book , Like Yu Hua 、 Mo Yan is like this ; If you can have media , You can even make a official account 、 Video Number 、 Tiktok .

There are two kinds of people , With and without leverage

People with leverage even if they don't work , There are also things that help him make money ; People without leverage don't work , There is no money to make today .

If you have expertise , Sense of responsibility , And know how to use leverage , The money that society offers you will match your value . At this time , You can save more time , And become super efficient .

You don't have to meet for a meeting , You don't have to try to express yourself , There is no need to reflect your workload through reporting materials —— You just have to focus on the job itself .

What is the biggest problem of working for others ？ You're selling your time .

You want people to give you more money , Then you need to show that your time is valuable . Why is there office politics in many companies , There are palace fights , When it comes to performance appraisal, we fight like hell ？

Because everyone is trying to prove “ I am valuable ”. This and doing it well , There is no relationship between the two . The harder you try to prove yourself valuable , It is possible that no one will do what you are responsible for , On the contrary, it will not do well .

People like jobs , Why can I retire after so many years , All of a sudden, I want to be a iPod, Or make a iPhone Such things ？ He belongs to ！ The brain is relaxed , He doesn't have to prove anything to anyone , He is focused on solving problems , This will lead people into a virtuous circle .

Once you find the lever , You will enter a virtuous circle , And if you don't find the lever , You can easily enter a vicious circle .

How to achieve leverage ？

If you want leverage , Two abilities are important , Or you have strong sales ability , Or you have a strong ability to construct .

for instance CTO（ Chief technical officer ）、 Make APP People who 、 People who write code , These are people who are very constructive ; The person in charge of sales in the marketing department 、 Do live 、 A speaker , This is a person who has the ability to sell .

If you have the ability to sell , And have the ability to construct , The congratulations , You may have become a CEO 了 . If you don't become CEO, Then these two abilities are enough to give you some leverage .

Learn to make money with your head , Instead of making money with time .

Some people can make a lot of money with their time , Like a dentist 、 The lawyer 、 ball-game star . Let's talk about football stars , There are a lot of stars who can have a lot of money all their lives , Because he is good at managing money , Like O'Neill 、 People like James , He will invest when he has money 、 Buy company . O'Neill is a shareholder of Google .

We have seen a lot NBA（ American Professional Basketball League ）（ retire ） Of the players are on the streets , Become homeless , Even go begging . Why is this so ？ Because once the income of some people increases , He will quickly improve his living standard , And the promotion rate often exceeds the growth rate of wage income . So don't simply use your time to make money , Even if your time is expensive , It is not an asset either .

plumber

A plumber , What kind of money does he make ？ Time money , How long will you be working today , Just make as much money .

contractor

His boss is a contractor . The contractor is willing to contract for the next project , The contractor has to take more risks , Then pay the worker , So contractors make more money , A little more risk , Need more knowledge .

developers

The developer is not only paying the contractor to build a building , Developers also have to buy land 、 planning 、 Design building book , A lot of things to do , Therefore, the developer bears a greater risk , The profit is a little higher , Need more knowledge , But he is closer to wealth .

Real estate fund manager

Real estate fund managers earn money from investing in many real estate projects , This goes further up the food chain , But his demands are a little higher .

Real estate trading platform

Real estate trading platform , All second-hand housing transactions are conducted on the platform , 80% or 90% of the transactions are monopolized by the platform , The platform will make more money . This requires a higher ability 、 Stronger construction ability and stronger sales ability .

So we should keep learning 、 aim high , To be able to step by step to the top of the food chain .

Set yourself an hourly salary . If you spend an hour doing this, you won't get paid , Don't do it , Would rather entrust the express runner to do , Delegate to others to do sth . Let yourself focus on doing things that have more power effect , Things that are more likely to compound interest .

What should a fledgling young man do ？

There are three major problems to be solved ： The first is where to live , The second one is with whom , The third one is what kind of occupation to be engaged in . These three questions have a great impact on one's life , But most of us haven't thought about it , We have solved these three problems .

Where to live 、 With whom 、 What kind of career do you have , Are drifting with the tide . We need to devote time to thinking . For example, choose a city , Do you choose the east or the west , Do you choose coastal or inland , Do you choose the political center or the economic center , Do you choose a big city or a small city , You have to think about it , It's about your values 、 Life orientation has a lot to do with .

Turn yourself into a product

How to find retirement status ？

Retirement is not to sacrifice today for the imagined tomorrow . When you can live in the present , Spend every day with your heart full , You have reached the state of retirement .

When looking for a job , To find work like play , Will soon reach retirement status .

What is not retired ？ You are still working . If you divide life into work and rest , It will prove that you are sacrificing yourself when you work .

Why sacrifice yourself ？ To make money , Only after making money can I have fun , This is called “ Sacrifice today for tomorrow ”. When you are in a state of sacrificing today for tomorrow , This is called work . Even if you 80 Year old , If it's still like this , It's still called work .

If you can do it without sacrificing today for tomorrow , Everything I have done today will come to 100 Years old do the same , It's fun , This is not a pain 、 Not pressure , Then you have reached retirement status .

warren · Buffett waltzes to work every day , Dancing to work . He said , He didn't feel like he was working , I am doing these things happily every day , Investment is a game , He thought it was very interesting .

Deficit 、 In fact, earning has little effect on him , He can't spend that much money , But life is happy . He and Charlie · Both Munger worked until 90 How old , Charlie · Munger has 98 Year old , Still working , This is really something .

Work and life are one , Is your only pleasure , So what you actually do every day is a fun thing . How to reach retirement status ？

The first way is to save money , As long as you deposit enough , Your passive income is enough to cover your expenses , Then you can stop paying for tomorrow immediately , You retire .

The second method is to reduce the cost , Spend less .

The third way is to do what you love , It was totally fun , It doesn't matter whether you have money or not .

The best way is the third , You can learn to work happily , To like what you do . This one “ Be yourself ” It's one thing . Be yourself , And find the lever , Then go straight to retirement .

In retirement , Maybe your work efficiency will be better , Because the more relaxed your mind is , The easier it is to generate creative thinking .

If you are calculating nervously at work every day , Struggle nervously , For fear of offending others , Quarrel with team members , It is impossible to be creative . I can't cope with these things . Only let the mind relax , To be creative .

Do you want to continue to start a business after you succeed ？

We don't hate money , But we are also very careful about greed .

That means I don't hate money , But I am “ Grande ”, I like money so much , I think about it all day long , I'm not comfortable without money , I always want to turn other people's money into my own , Then I can't stop in my life , It must be painful .

You don't hate money , You can have wealth , You can live a leisurely life , But don't overdo your desires .

Don't rush to upgrade your lifestyle

This suggestion is especially good . Many successful entrepreneurs are very short of money , Raise money all day long , Why? ？ Because when he had money , Start to set up a bigger office , Rent a better apartment , Then I will pay for the upgrade myself , Even rent a yacht 、 The plane . Upgrade too fast , Cause to feel like a poor person forever , I can't make enough money .

It's wrong to lie on your back and have luck , There are four kinds of luck ？

The first kind of luck is unexpected luck , For example, you suddenly meet someone who gives you a sum of money , You'll be rich ; Suddenly I met a man who proposed to you , It turned out that the other party was a millionaire , Get rich . This is a kind of luck .

The second kind of luck comes from perseverance 、 diligently 、 Often hurt often war 、 Keep trying , It is obtained by individuals taking the initiative to create opportunities .

The third way to get good luck is to be good at finding good luck . If you are skilled in a certain field 、 Experienced , So when there is an unexpected breakthrough in this field , You will know at the first time . You have to be a master , You have to walk along the professional boundary every day , When there is a breakthrough in this major , Others don't see , But you see . Do you think this is luck or skill ？ This must be luck based on high ability .

The fourth kind of luck is the most wonderful 、 It's the most difficult , That is to create a unique personality 、 Unique brand 、 Unique mentality , Let luck find you .

A friend said that getting rich depends on luck , Because there was a man looking for him , I have to work for him , The last man became his partner , They founded a company , And the company went public , Become a very well-known company .

The feeling at that time was that people get rich by luck , How else could he have met such a man ？ Because he had already succeeded before , I have proved my ability , Is a well-known investor , So good luck came automatically .

It's important to emphasize luck , It doesn't mean that we can be resigned . What we can do is to improve our ability , Let yourself walk on the edge of the profession , To be able to go to the forefront of my field . Don't take part in invalid social activities

As a nobody , Getting to know Steve Jobs is almost unhelpful for you , What you should try to do is do something , Let jobs find you , Let jobs call and ask , Who made that thing , Help me find .

When you can make something interesting , Your values 、 Your ability will attract others who want to connect with you , That's when the connection is valuable .

Climbing all day long , Want to be a member of other people's circle , This is ridiculous , If you get involved, no one will take you to play . therefore , Ability and values are important . How to improve judgment ？

Saving money is not as important as saving time , Learn to save more time in life .

One thing has been overestimated in our career , Just try ; One thing is underestimated , It's judgment .

If you just try to do something over and over again , That probably doesn't give you any improvement in judgment .

What is judgment ？ Judgment is knowing the long-term consequences of an individual's actions .

Reading lets you know more about the long-term consequences of things . for instance , Many people ask me , Why can't you hit the child . He has no idea what the long-term consequences of beating a child are , He doesn't know how to hit a child 、 Roar at children 、 What effect does insulting a child have on the child's brain .

Someone asked , Why not scold the employees . Because he doesn't know how to scold employees , Or I like to work 、 I like to interfere in the affairs of employees 、 I constantly shape “ The boss is always right ” The personal authority of , What is the long-term impact of these things on the company .

therefore , A person's judgment is that he has a better understanding of the long-term consequences of what he has done .

The real wisdom is clear thinking

If a man says he is a physicist , But he couldn't explain the truth of physics , It means that he didn't understand .

People like Feynman can become masters , Speaking physics can avoid writing on the blackboard as much as possible , You can even talk about the principles of physics on TV , And let the TV audience understand , I really understand . He really understood this thing , To make it clear , This is called clear thinking , He is very clear about these causal relationships .

A leisurely brain can produce great ideas

Take at least one day a week to think , If the position is a little higher , Take two days a week to think . If a person wants to constantly improve his thinking ability , Learn to collect mental models .

for instance , You never heard of evolution when you were a child , How do you think the world is made up . And evolution is a new mental model , You've finished studying evolution , The world turns out to be a natural selection 、 The survival of the fittest , This is when you create a new set of thinking patterns .

There is more than one mode of thinking ： Theory of evolution 、 Game theory 、 Charlie · Munger's thought 、 Taleb's thought 、 Benjamin · Franklin's thought 、 Complex system theory 、 Compound interest principle 、 mathematics （ Including calculus ）, And the falsifiability of Science .

When there's one thing you can't decide 、 When it is difficult to draw a conclusion , Then don't do it .

Should I marry this man , You are hesitant , Don't get married ; Should I work in this company , You are hesitant , Don't go. . Because hesitation means you may not want to go .

When you have to choose between the two , Or when you have to choose one of the two paths , And if you can't judge , Then choose the more difficult path .

We don't guarantee that the harder way is right every time , But it will often bring you subsequent competitiveness , Because you overcame the hard part first . So when you have no choice , Don't flip a coin , Choose the harder one .

How to become a person who has many models to solve problems ？

There is only one way , A lot of reading .

Reading is my first love , Love reading . Don't be afraid to read bad books , Don't be afraid to read bad articles , Even a rotten book 、 A rotten article , Will help you form the habit of reading .

Don't read faster than anyone . The better the book , The more you read slowly 、 Slowly absorb . There are only a few intensive reading , These books form the basis of knowledge .

A book in hand , I don't feel like wasting time . Take a book with you everywhere , Where do you need to wait or queue for something , Not in a hurry , Because there are books to read, I don't think I'm wasting my time .

Point out the obvious bias in others' opinions , It means that either the target you attack is not smart , Or you are not smart . Many of us read , Great efforts have been made to find faults in the book .

If this problem is so obvious, you will see it , Then it's not worth picking , Because the book itself is not smart . If this problem is so obvious to you , But this book has a good reputation 、 A famous book , Then you should be careful , Do you not understand .

Or you overestimate your opponent , Or you overestimate yourself . But there is no need to find fault with others all day , How to think 、 It is important to reflect more .

Don't pursue how many books you have read , Instead, keep an eye on new concepts that can predict future trends . The difference between people is not ‘ Educated ’ and ‘ Uneducated ’, It is ‘ Like reading ’ and ‘ I don't like reading ’.

Avoid joining the so-called ‘ book club ’, Avoid pursuing any community identity , Don't put truth above community identity . The books selected for reading are various , What is fun to read , Emphasize the freedom of reading .

essays ／ The fragrance of eternity