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”
To achieve what humans desire, they must first tackle the tasks they are reluctant to face. If you wish to live simply, you need to organize the chaotic and complex aspects of life. It’s akin to cooking, even when it feels bothersome, to enjoy a delicious meal. Yet, we often prefer to eat only what others have prepared. If you solely seek comfort and immediate gratification, you’ll depend only on luck and chance. Some people aren’t familiar with the concept of earning their due, even when the price is offered, and it can understandably be challenging to compensate the right person. These individuals often act as if they don’t own a car, merely waiting for a bus. It’s better to have a car owner who can drive them wherever and whenever they desire, even if driving involves hard work, rather than simply waiting for a ride. Taking initiative in life is a privilege reserved for those willing to endure inconvenience and who can afford to pay the price. - Joseph’s “just my thoughts”