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”
Emotion is an asset and an expense simultaneously. Emotions can make wealth, but increase costs, and reduce wealth. What emotions increase wealth? I choose ‘Heart Fluttering’ first. The feeling of stability without heart fluttering is fiction. It never lasts. Are you excited when you work? Does your heart pound when meeting someone you love? Probably, are you cheating on yourself in the feeling of stability without flutter? - Joseph’s “just my thoughts”