Words from billionaire investor Charlie Munger:
“…it is in the nature of things that many hard problems are best solved when they are addressed backward”
With that in mind, instead of asking:
- How can I build a successful online business?
Apply the inversion principle and ask yourself:
- What’s stopping me from building a successful online business?
You’ll probably find that the success you seek can largely be achieved by getting out of your own way.
Or, as Munger put it:
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
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