Discussion on Voltaire's challenges as a writer. Exposing an arithmetic error in the lottery program and making millions. Strategies to attract super fans and scale business. Importance of creating content with commercial value. Simulakra and the concept of creating a human-like AI. Introducing the Voltaire Lottery Fund for independent writers.
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Quick takeaways
Developing a scaleable business engine and cultivating a tribe of super fans is crucial for financial independence as writers and creators.
Creating a 'Voltaire lottery fund' by investing a small portion of assets, such as in cryptocurrency, allows for financial security while pursuing creative endeavors.
Deep dives
Voltaire's Struggle as an Independent Writer
Voltaire, a famous writer and thinker from the Enlightenment period, encountered financial struggles as an independent writer in France. Due to the lack of copyright laws, his books were pirated in other countries, and the government censored his work. He lived in poverty until he discovered an arithmetic error in the state Lotto program. Collaborating with someone, he cornered the lottery market and made 500 French francs (equivalent to $5 million today), enabling him to focus on his craft and become a central figure of the Enlightenment.
Creating an Engine for Business Growth
To achieve financial independence as writers, creators, and thinkers, it is crucial to develop an engine that can scale our businesses and attract a tribe of super fans. The speaker plans to introduce and teach this engine, which has allowed him to scale his own business. By controlling this stable source of income, combined with investing in opportunities to generate additional wealth, such as the cryptocurrency market, it becomes possible to build a financially secure life and dedicate time to non-commercial creative pursuits.
Investing in a Voltaire Lottery Fund
The speaker proposes the idea of creating a 'Voltaire lottery fund' as a means to generate significant wealth alongside pursuing creative endeavors. Allocating a small portion of assets to investments with the potential for significant returns, such as cryptocurrency, can provide financial security and freedom. This approach allows independent writers and creators to focus on their craft without excessive concern for commercial value, while at the same time building a comfortable nest egg for the future.