The rules for making money in modern society are actually quite simple. With a clear path and principles, you'll find that money comes like the wind—
This statement may seem like clickbait, but it is not false:
1️⃣ Fundamental Logic:
You must understand this: the ability to make money is not about who is more versatile, but rather about who can be a more focused specialist!
1) Focus on one thing: Concentrate on what you are good at and excel at it!
2) Leverage: Use leverage (such as technology, capital, connections, etc.) to amplify your abilities or the impact of your products.
When thinking about this issue, I just saw Lao Xue share an article from Uncle Cai's public account "Please Debate," which states:
Making money is about doing one thing well, doing it extremely well, and then finding ways to amplify its power—this is a very straightforward mindset for making money, but many people do not do this and do not believe it.
Naval has also discussed this topic: "The creation of wealth in modern society comes from providing value that others need, so it is relatively simple. You can specialize in a certain skill or knowledge and then use some form of leverage (code, media, capital) to expand the value of that specialization. In the past, this was almost impossible, but now, as long as you are unique enough, you can be a media outlet or a capital source."
2️⃣ Focus and Excellence Plus Leverage:
So making money is quite simple; it is about executing along the simplest logic. The more factors you add that you need to handle yourself, the further you move away from success, and the harder it becomes to replicate simply.
In simple terms, you need to create value through focus and excellence, and then make money by amplifying that value through some form of leverage.
From a methodological perspective, for example, if focusing on self-media writing and video production is your niche, then emerging industries (like AI or Crypto) or certain people who are genuinely willing to guide you are your leverage. Emerging industries offer opportunities and potential returns that are exponentially greater than traditional industries for the same effort. Additionally, having someone willing to guide you can save you ten years of detours, which is very important!
So I say, as long as you enhance your unique skills and make good use of leverage, it will be easy to carve out a path, and making money will come naturally!
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