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The experience of the past leaves little doubt that every economic system must sooner or later rely upon some form of the profit motive to stir individuals and groups to productivity. Substitutes like slavery, police supervision, or ideological enthusiasm prove too unproductive, too expensive, or too transient. Normally and generally men are judged by their ability to produce-except in war, when they are ranked according to their ability to destroy.
The Lessons of History
Will Durant and Ariel Durant
So, my definition of wealth is much more businesses and assets that can earn while you sleep. [78]
> Technology democratizes consumption but consolidates production. The best person in the world at anything gets to do it for everyone.
Society will pay you for creating things it wants. But society doesn’t yet know how to create those things, because if it did, they wouldn’t need you. They would already be stamped out.
The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
Eric Jorgenson
Having a product or service that your early customers love, but having no clear way to get more traction is a major problem. To solve this problem, spend your time constructing your product or service and testing traction channels in parallel.
Traction
Gabriel Weinberg
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