Best 34 Quotes & Tweets on Money

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1

Wealth is the power to choose. Financial wealth is the power to choose how to spend money. Social wealth is the power to choose who to hang out with. Calendar wealth is the power to choose how to spend your time. Mental wealth is the power to choose your thoughts.

James Clear

James Clear

@JamesClear

2

The more time you spend complaining about what you deserve, the less time you have to focus on what you can earn. Focus on what you can control.

James Clear

James Clear

@JamesClear

3

3 crucial questions to ask when considering a new opportunity: (1) Power: How can I find an advantage relative to others? (2) Probability: How likely am I to succeed? (3) Payoff: How large is the payoff if I succeed? Great opportunities are favorable on all 3 dimensions.

James Clear

James Clear

@JamesClear

4

If people pay $5 for a Starbucks, they will pay $5 to learn something from you. The main difference is that everyone knows about Starbucks but very few people know about you. That's what you need to work on. The opportunities will follow.

Daniel Vassallo

Daniel Vassallo

@dvassallo

5

Freedom is monetizing your curiosity.

Jack Butcher

Jack Butcher

@jackbutcher

6

This is the age of one-person media companies. Here’s the business model: • Build an email list. • Grow your list with free content. • Monetize with a subscription. • Fans pay for podcasts, ask-me-anything episodes, and behind-the-scenes videos. Small teams. Big margins.

David Perell

David Perell

@david_perell

7

Ideas are not worthless, they are just hard to monetize without great execution.

Sahil Lavingia

Sahil Lavingia

@shl

8

If I ran an investment fund, I’d have a simple thesis: • People are increasingly willing to pay for productivity software. • Online learning is about to explode because we’re losing faith in the traditional college system. • It’s becoming easier to monetize social capital.

David Perell

David Perell

@david_perell

9

"I know a lot about X. How do I monetize my knowledge?" There are many ways, but I'm only familiar with one: Give away everything you know for free. Then wait for people to start asking you questions. It's the questions that tend to reveal the monetization opportunity.

Daniel Vassallo

Daniel Vassallo

@dvassallo

10

Trade time for experience. Trade experience for money. Trade money for time.

Jack Butcher

Jack Butcher

@jackbutcher

11

To make money while you sleep, build things that don't sleep.

Jack Butcher

Jack Butcher

@jackbutcher

12

If you want to make a living on the Internet, invent a name for what you do. Build expertise. Find your unique perspective. Coin your own term. Then, tell the world about it.

David Perell

David Perell

@david_perell

13

To make money while you sleep, figure out how to help people while you sleep. How? Build things that educate, enable or entertain without your physical presence. This process forces you to create better things, because you have to figure out how it'll work without you.

Jack Butcher

Jack Butcher

@jackbutcher

14

Three trends I'd bet on: 1) Monetization for individual creators, especially podcasts. 2) Live, community-based online education. The social experience is more fun and helps people learn faster. 3) Media companies that use content as a marketing channel, not a revenue stream.

David Perell

David Perell

@david_perell

15

Make something people will pay for.

Sahil Lavingia

Sahil Lavingia

@shl

16

You should be nervous right now if your business: - Relies on a platform (FB/Google) - Relies on advertising revenue - Is burning money/venture backed - Has low gross margins or hasn’t figured out monetization

Andrew Wilkinson

Andrew Wilkinson

@awilkinson

17

To make money while you sleep, figure out how to help people while you sleep. To do this, build things that educate, enable or entertain without your physical presence. It forces you to create better things, because you have to figure out how it'll work without you.

Jack Butcher

Jack Butcher

@jackbutcher

18

To make money while you sleep, build things that don't sleep.

Jack Butcher

Jack Butcher

@jackbutcher

19

Monetize or be monetized.

Jack Butcher

Jack Butcher

@jackbutcher

20

Where attention is monetized, emotion is weaponized.

Jack Butcher

Jack Butcher

@jackbutcher

21

Better to monetize what you can sustain than sustain what you can monetize.

Jack Butcher

Jack Butcher

@jackbutcher

22

Treating money as a taboo subject is the reason most people don't have any.

Jack Butcher

Jack Butcher

@jackbutcher

23

Your fear will be monetized.

Jack Butcher

Jack Butcher

@jackbutcher

24

Freedom is monetizing distraction.

Jack Butcher

Jack Butcher

@jackbutcher

25

Monetize your opinion.

Jack Butcher

Jack Butcher

@jackbutcher

26

Money is what you can count. Wealth is what you can't.

Jack Butcher

Jack Butcher

@jackbutcher

27

Creator monetization is growing fast. Creators want to create, not run a business. Now they can. Creator-focused agencies are rising up just as software tools are removing a lot of the complexity. Wealth is transferring from big-name media companies to solo creators.

David Perell

David Perell

@david_perell

28

Your attention will be monetized.

Jack Butcher

Jack Butcher

@jackbutcher

29

The time/money paradox: Time is more valuable than money, but you need money to buy time. Therefore, spend time to make money, then spend money to make time.

Jack Butcher

Jack Butcher

@jackbutcher

30

Idea: Show notes for conversations. The app listens to your conversations, and curates a list of links mentioned, people referenced, and books recommended. Monetize with advertising or subscription revenue. Free version for consumers. Paid version for businesses.

David Perell

David Perell

@david_perell

31

Gaming Monetization offers frameworks for building revenue models. Strategies that gaming apps helped create: 1. Gating: Limit how often the game can be played. 2. Boosting: Resources/entities to reduce game difficulty. 3. Differentiating: Ability to unlock alternate play modes.

Jeff Morris Jr.

Jeff Morris Jr.

@jmj

32

Monetization, the surest way to ruin a hobby.

Brian Norgard

Brian Norgard

@BrianNorgard

33

The counterintuitive thing about some B2B startups is that some exist mainly because they charge more than competitors, not less.

Garry Tan

Garry Tan

@garrytan

34

A simple metaphor for thinking about monetizing your online presence. You're building a "web": Blogs Videos Tweets Guest posts Emails All trapping traffic. The center being a website you own that hosts your ultimate objective; a sale, a conversation, an application, etc.

Jack Butcher

Jack Butcher

@jackbutcher