← Principles

Leverage

Outputs are nonlinear.

The most productive people might produce millions of time more value than others, but don't work a million times harder.

This often comes down to leverage: the ability to get more out for what you put in.

The four types of leverage (as per Naval Ravikant) are:

1) Labour - Getting others to do stuff for you

2) Capital - Investing existing wealth to multiply your decisions

3) Code - Outsourcing your work to computers

4) Media - Turning ideas into freely distributable assets

In theory, you can use leverage to solve people's problems (and thus get paid) at scale.

But in practice, there's nuance.