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Non-Financial Forms of Capital
Manage episode 299591524 series 2963994
Nội dung được cung cấp bởi Chris Coffman and Eric Knight. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Chris Coffman and Eric Knight hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
01:55 - Get out of the world of money, and get into the world of capital. Pay it forward: money, experience, skills, etc.
02:38 - He called Eric "Peter", and Eric chose not to be offended. And we also hear the cars in front of Chris's house.
04:08 - Capital (and money) is intangible, and it was entirely based on relationships and reputation to be able to pay someone back. It's a promise.
05:50 - A lot of people think of money as the only thing that's real. Tying someone's worth to their money is a shithead world view.
09:18 - Converting non-monetary forms of capital requires a monetization path to realize the financial value.
11:35 - Example of Chris's actor friend. He decided to translate Homer's The Iliad and the show has been successful.
14:00 - Rule of 72. Can it apply to non-monetary forms of compound interest? Can you get twice as good with incremental improvements?
18:28 - One of the forms of order in the universe is that very small improvements, cumulatively, create capital.
19:17 - It's not all about money. It's about bettering yourself, and bettering the lives of those around you. Like your kids.
Get Chris's first novel, Crisis Deluxe
https://www.crisisdeluxe.com
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