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Module 1: Wealthology: Know the Game

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Key points covered in the module are:

The history of money starts with the gift economy to barter, community money, representative money, and virtual money.
The simple wealth formula includes the value you can add then multiply it by the number of people you can help substrate the number of people who can do what you do and the cost to serve.
Serving richer customers create more value and value is determined by output, not input.
The perceived value determines what a customer is willing to pay.
The history of knowledge involves caveman demonstrating live how to make fire, drawing pictures in the cave to teach others, printing press, television then the invention of the internet.
American became the richest country in the world because its entrepreneurs created products and services that people love around the world, also media promoted entrepreneurs and had access to a large uniform market.
The big four information niches include, business and make money, relationship advice, health and fitness, and irrational passion.
Establish systems and processes so that your business can grow.
The internet has a massive impact on education, work, government, relationships, and culture.