Fortune requires leverage

For me, this is by far, one of the profound lessons from Naval on wealth creation.

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).

— Naval (@naval) May 31, 2018

I will try to explain this with an example! Compare the below two approaches to help people with Pronunciation.

Youglish

• It uses existing youtube videos to help us learn pronunciation - https://youglish.com/search/chevrolet
• It doesn’t even have to do voice->text. The Transcripts are already available in youtube.

Pronunciation Orator

They create a video for every word manually - https://www.youtube.com/watch?v=txe3AUR_N8s

Summary

Build a Youglish!