The biggest profit-making scheme of our time is telling people to love themselves and charging them money for it. The best way to actually love yourself is to keep evolving.
Kunal Shah
@kunal-shah
Founder of CRED. India's product visionary. Second-order thinking separates great products from okay ones.
Entrepreneurs are uncertainty absorbers for everybody — for employees, for investors, for customers — and therefore they get rewarded for being those people who remove uncertainty from people's lives.
Profit pools of a country reveal what that country values. Trying to copy another country's profit pool into yours is a mistake — the market structure reflects the culture.
Wealth is nothing but information asymmetry. All the best companies in the world have unfair information asymmetry. And that comes from curiosity.
No Indian has ever been paid an hourly salary. When you're not paid by the hour, you never develop a concept of the value of time — which is why paying for convenience is so hard to sell in India.