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Nobody Can Be The Richest Man Forever

Name: Nobody Can Be The Richest Man Forever
Uploaded: 2024-09-22T13:00:06+00:00
Duration: 33 s
Channel: Shanli Liu, CPA, CTP
Description: In this monologue, the speaker argues that the ultimate aim in business should not be to become the number‑one or the richest person, because such a…

22 Sept 2024 · 1 min

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In this monologue, the speaker argues that the ultimate aim in business should not be to become the number‑one or the richest person, because such a status is inherently temporary and defined by finite metrics like enterprise value, growth, profit, or revenue. Historical evidence shows that no individual has ever remained the richest forever; any peak is fleeting. Instead, the speaker proposes that the true winner is the competitor whose objective is to keep playing the game indefinitely. By focusing on continuity and sustained participation, this competitor cannot be truly beaten, as the act of ongoing play itself constitutes a win.

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The point of the game is to keep the game going. Even if your goal was to be number one at business, it's like, by what metric? Enterprise value, growth, profit, revenue? All of a sudden, okay, maybe it's richest man in the world. Okay, for how long? Look at the history of mankind. Not one person has ever been richest man forever. You get to touch the top, even if you're that one guy, for a moment, and then it's gone again. And so you can't have that as the, the endpoint because it is by its very nature finite. But the competitor whose objective is to continue to play can't be beaten because Because by playing, he wins.