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”
The basis for judging whether a person’s life can truly change lies in observing how someone continues to engage in meaningful activities every day, regularly and consistently. What matters is that the person does not stop doing a lot of work at once, but instead continues steadily every day, even if the efforts are small. Lao-tzu said, “Nature doesn’t rush. But it has been accomplishing everything.” If you want to be healthy, you can engage in small but consistent exercise each day. If you want to build wealth, you can pursue small production and investment activities daily. If you want to be smart, you can read or study even a small amount each day. Life consists of both simple-interest life and compound-interest life. - Joseph’s “just my thoughts”