An asset is the foundation of all economic activity. If you have assets, you can run a business and settle your debts. The ways to create assets are ‘how one works,’ ‘how to receive gifts from others,’ and ‘how to purchase assets made by others.’ There is a way to steal, but it is a crime. If you don’t initially own an asset, the simplest and almost the only way to create one is to produce something with your own labor. Whether the product is a service or a good, it must be produced unconditionally. Trading products creates added value. Thinking about trading later and making products first is the fastest and most basic way to escape poverty. Therefore, produce even the smallest things every day. Knowledge, records, art—whatever! - Joseph’s “just my thoughts”
When a cow dies, it becomes beef , and when a human being dies, it becomes a corpse. If you can’t live with honor , your life isn’t even as valuable as beef. Beef is food, but a corpse is merely a cost. Cows help humans until they die, but humans are worthless once they pass away. The sooner you understand this futility , the better your life will be. - Joseph’s “just my thoughts”