Hasan Kubba Posts
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1.Social and emotional intelligence Knowing which questions to ask, how to ask those questions in a way that gets you the answers you’re after, building trust and relationships, and being assertive.
2. Common sense Knowing who you can trust, who you should approach, and getting a sense of different trends and the demand for different things.
3. Bullsh*t detection Knowing when people are trying to screw you over, reading their intentions, and having a sense of where their incentives lie.
The main thing to consider if you don’t have the unfair advantage of Money is to build a business that doesn’t have a high startup cost, and doesn’t need to burn much money before it becomes profitable.
The more unfair advantages you have, the more you are likely to accrue. The key is to start identifying and developing your own unfair advantages as soon as possible, no matter your age.
As unfair advantages lead to success when leveraged, a positive feedback loop develops which only increases the success further.
Your Unfair Advantages can’t easily be copied or bought. Your set of Unfair Advantages is unique to you.
An Unfair Advantage is a condition, asset or circumstance that puts you in a favourable business position.
Hard work, grit and perseverance are required, that’s a given. However, success also comes from identifying and then leveraging elements which are outside of your immediate, direct control. We call these elements Unfair Advantages.
hard work also plays a very important role, because it’s true that hard work beats talent when talent doesn’t work hard. But combine the two and that’s when you get rocket fuel.
every disadvantage can have a corresponding advantage, and vice versa. Your circumstances and unfair advantages, whether apparently positive or negative, can be double-edged swords.
‘Work like hell.’ Elon Musk
‘Luck enters into everybody’s life.’ Warren Buffett