How to increase the growth rate?
"I'm a slow person, but I never back down. —Abraham Lincoln
Hello, in this issue, we will learn the 37th concept of Li Xiaolai's "The Road to Wealth and Freedom": improving the growth rate.
1. Concepts generate values
1.The operating system in the brain is composed of concepts, and the clear, effective and correct connection between concepts and concepts produces values and formulas.
Values tell us what is most important, and then the resulting party ** tells us how to implement it.
The above two sentences will explain the operating system in the brain, but it is very difficult to do it, first of all, you have to accumulate clear, effective, necessary concepts, polish a concept to understand the use of a long distance, it takes 10 hours of effective time to really master a concept and explain it, to apply the concept to life, it takes at least 1-3 months, even so, it will often be used wrongly, and even forget the concept.
Before, you didn't know the concept of "growth rate", your brain world is one thing, and then after learning the 36th concept "growth rate", your world is a different ......Because you learn to use this concept to judge whether a startup project is qualified or not.
The next time a friend shows you a startup project, you can use this "growth rate" concept tool to judge whether it is an excellent project.
You see, learn more of a necessary, clear, and effective concept to improve your brain into something else.
To borrow an analogy from Li Xiaolai:
Education is like a pair of glasses. The world in which your body is located is the same before you put on your glasses and after you put on your glasses, but the difference is that after you put on your glasses, you see a clearer world ...... with your glasses
Imitate this analogy:
Reading is like a lighthouse. You walk on a mountain road in the dark, and the mountain road you are on is the same, but the lighthouse can guide you to a safe path.
Correct, clear, necessary concepts are like education and a beacon.
2. Use your own money to invest in the secondary market
Back to the topic of "business" to sort it out:
Growth Rate", Growth, Earnings, Making a Living, (Food and Clothing), ......
From the above ordering, the path to financial freedom is constructed:
1.Make a company or product with long-term growth (or long-term growth rate) on your own.
2.Use your own money to invest in companies or products that have proven themselves to have long-term growth (or long-term growth rates......).
The second path can be further subdivided into two levels:
1.In those companies with long-term growth (or long-term growth rate)**, the investment when it has not yet been publicly issued and circulated (such as: angel investment, venture capital, PE, ICO, IPO, etc. are all initial investments), this is the "primary market".
2.Investing in companies with long-term growth (or long-term growth rate) after they have been publicly issued and circulated is the "secondary market". This may be a better choice for ordinary people, the threshold of participation and the identification and control of risks.
Because a company can be listed, the company's finances are disclosed in accordance with the law, and it can already show that the company has at least proved that it has been growing continuously for a period of time.
If you can't make a listed company at this stage, you can at least use your own money to find companies with long-term growth and invest in them. It is also a path that deserves serious study.
Third, the use of multi-dimensional competitiveness
The early or late investment is not the decisive factor, the most important thing is whether the investment is correct or not, either 0 or 1, and there is no intermediate state of investment.
1.The New York Times Company: Founded in 1851, Pepsi CoInc., a brand founded on August 28, 1898, you see that these companies are more than 100 years old. There's a good chance they're still growing.
Therefore, the right decision is not afraid of being late, as long as it is in the right direction.
How to use the multi-dimensional competition side**:
1.The first "learning" is to learn this skill first; The second "learning" is active learning; The third "learning" is to review, to learn from the past, and to add new dimensions and perspectives to learn.
2.Learning more skills, without one more skill, is equivalent to giving yourself a life cheat.
3.Long-term continuity, what makes you excellent is long-term continuous practice.
Think and act.
1.We have learned 37 concepts, have you reviewed and thought about the mastery and relevance of these concepts?
2.What skills are you learning now, and how can you make them more proficient and solve real production problems?
3.What do you do to keep yourself practicing for a long time?