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Skills compound faster than money. Invest accordingly.

If you think about Jay-Z in the beginning of his career, the first thing he did was he learned how to >> [music] >> rap, all right? That was your Maybe he had rhythm.

Watch on YouTube Skills compound faster than money. Invest accordingly.

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    Abschnitt 1 If you think about Jay-Z in the beginning of his career, the first thing he did was he learned how to >> [music] >> rap, all right?

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Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

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0:00If you think about Jay-Z in the beginning of his career, the first thing he did was he learned how to >> [music] >> rap, all right? That was your Maybe he had rhythm. That was a skill. And then he turned He figured out how to do the lyrics. Okay. Then he figured out how to put those together. Started to make a little bit more. And then he started learning how to promote. So, he started promoting himself. Another skill. Significantly more money. And then after that, figured out how to do a record label and distribute. Even more money. And then after that, he figured out how to recruit other artists and get them [music] sound on his label. Even more money. And so, what happens is that he still needs these early skill sets. Even though he didn't monetize them hard there, he monetized them big later. And so, skills will compound.