Self Help

Difficulties are constantly arising. Despite this, you still must consistently do things that are significant to your future every day. The time you spend on this won’t exceed 10 minutes, but it is those 10 minutes that will make everything different. Most people remain stagnant at the current level precisely because they haven’t dedicated these 10 minutes. They always expect the situation to change in their favor, but they overlook one thing: they must change themselves first.

When you decide to do something, you must complete it within 72 hours, otherwise, you will likely never do it again.

The most important thing is that you genuinely have this desire, otherwise, you’ll give up the moment things get tough. I always tend to focus on the negative side of things, and I absolutely must change this habit.

You can imagine your life as a large mail-order company. If you write to a mail-order company saying, “Please send me some good things,” you definitely won’t receive anything. Our desires are the same. We must know exactly what we truly desire.

The reality is, life is a single-player game. Humans are born alone, die alone, and interpret everything in the world by themselves. Your memories belong only to you. Before you are born, no one cares, and after you leave the world, no one cares. You exist in the world for only a short few decades; life is a single-player game.

I took a risk. Same with crypto. Early on, I took a risk. But when you put your name out there, you take a risk with certain things. You also get to reap the rewards. You get the benefits.

Highly intelligent people are often unconventional. They insist on independent thinking and hands-on involvement to fully grasp the context and origins of things.

Without ownership, your inputs are very closely tied to your outputs. In almost any salaried job, even one paying a lot per hour like a lawyer or a doctor, you’re still putting in the hours, and every hour you get paid.

Owning equity in a company basically means you own the upside. When you own debt, you own guaranteed revenue streams and you own the downside. You want to own equity. If you don’t own equity in a business, your odds of making money are very slim.

Essentially, you’re working for somebody else, and that person is taking on the risk and has the accountability, the intellectual property, and the brand. They’re not going to pay you enough. They’re going to pay you the bare minimum they have to, to get you to do their job. That can be a high bare minimum, but it’s still not going to be true wealth where you’re retired but still earning.

Time investment is necessary, so I believe what you need to do is cultivate expertise, responsibility, and influence, leverage the effect of leverage to gain a world-class skill set, and be the foremost in your professional field.

You have to do it by yourself.

Don’t expect to buy it at a very low price. (Don’t expect to spend 100 to get 10000; you should just bid 9900) Two robbers passed a gallows. One sighed, “How great it would be if there were no gallows.” The other replied, “Are you crazy? Without it, others will come and rob us.” Quickly send the signal of “inevitable success.” (Like breaking the cauldrons and sinking the boat, tell others that I will get it even if it bankrupts my family) Only fight for the steamed bun, not for the spirit. Without the bun, the spirit eventually dies. (Be pragmatic; don’t let emotion get the better of you) High vision, far-reaching foresight. (Think three times before acting; you must be able to anticipate that this is a trap)

The more significant a potential loss is, the stronger our aversion to that loss becomes. In other words, the more dangerous the situation, the more likely we are to quickly make irrational decisions.

Everyone can fail; what’s important is realizing the mistake, cutting losses, and accepting the consequences. Focus on the future and don’t make the same mistake. Where there is silent cost, there will be a ten-thousand-yuan trap.

The less desire you have for something, the fewer worries and obsessions you will carry. Instead, you are more likely to go with the flow and follow your inner self. You will continue doing it unwaveringly in your own skilled way, and the quality of your work will improve as a result.

Decision is everything. In fact, a person with an 80% decision accuracy rate is hundreds of times more valuable in the market and yields hundreds of times higher returns than a person with a 70% accuracy rate.

Knowledge everyone can acquire won’t make you rich. Any skill that can be mass-trained is an employable skill. Only what you learn yourself is a unique ability that belongs to you, and that is what can lead to successful entrepreneurship.

If someone uses ornate language and habitually discusses grand and complex concepts, they likely don’t understand what they are talking about.

If a person constantly boasts about how honest they are, they are likely dishonest. This is just a small warning sign that I have learned. When a person continuously promotes their values or brags about themselves, it means they are concealing something.