There are three types of leverage: labor leverage, capital leverage, and product leverage with zero marginal cost of replication.
Labor leverage: It means getting others to work for you. This is the most backward form of leverage. But success in this way will make your parents and friends respect you. The condition is comprehensive personal charm, including cognition, communication skills, resources, leadership and other multi-dimensional interweaving.
Capital leverage: Use money to expand influence. The typical representative is Buffett. This is also the main form of leverage in the 20th century. There is no opportunity for ordinary people unless you can have a circle of rich people and convince them to invest in you.
Product leverage with zero marginal cost of replication: There are books, media, movies, and codes. This is the most important leverage now, especially the code is the most powerful. Douyin is this kind of leverage, and it is also the only leverage that most ordinary people have a chance at this stage.
