7 Money-Making Iron Laws:

1. Learning and Imitation

Reading is different from social logic; top students are not necessarily great at making money
Society is an open-book exam; the best teachers are peers
Surpass them, learn from them, and go beyond them

2. Profit and Risk

Profit is tied to risk; the higher the profit, the greater the risk
Evaluate whether the risk is within your capacity before investing
Making money is for living, not risking your life

3. The Importance of Circles

Circles matter; associating with the wealthy will make you wealthier
Different mindsets and habits—poor people talk about principles, rich people talk about interests
Learn to be used; let rich people use you (if you are useful)
If you want to dine with the boss, first understand what the boss wants

4. The Essence of Benefit Exchange

The essence is trading what you have for what you want
When lacking resources, learn to borrow; resource integration is about leveraging and gaining momentum
The first step for small people climbing up is to start by borrowing

5. The Importance of Listening

In business, learn to listen—motives, purposes, needs, concerns
Motives are the starting point, goals are the end point, opportunities are in between
Needs are what they want, concerns are what they fear losing
Understanding these two points allows you to address human weaknesses and achieve results

6. Nonlinear Growth of Wealth

Wealth does not grow linearly; it jumps by seizing opportunities
Develop opportunities cautiously; avoid reckless actions and large investments
Use momentum to go with the trend; if momentum is absent, observe the trend
Making money should follow the rules to seek certainty; bad luck can wipe you out