Featured image of post How to Break Away from Poverty? What is the Difference Between the Poor and the Rich? [Interpreting the 2019 Nobel Prize in Economics] By Teacher Li Yongle (Video Transcript)

How to Break Away from Poverty? What is the Difference Between the Poor and the Rich? [Interpreting the 2019 Nobel Prize in Economics] By Teacher Li Yongle (Video Transcript)

What exactly causes poverty? Is it because the poor aren't hardworking enough and just want to slack off? Can you break away from poverty just by working hard? Regardless of whether you are rich or poor, once you accidentally fall into the poverty trap, the chances of turning things around and becoming rich become increasingly slim. The social system should allow everyone, whether rich or poor, to at least avoid falling into the poverty trap, giving everyone a goal to strive for, avoiding a sense of powerlessness in life, and allowing everyone to `Work for life, working hard to pursue a better quality of life`, rather than `Work for live, working to survive` below the poverty line.

Featured image of post Understanding Company Ownership Structure Before Joining a Startup: The Big Question on Equity

Understanding Company Ownership Structure Before Joining a Startup: The Big Question on Equity

If you have the opportunity to join a startup, you might be offered stock options. Understanding how they work is crucial to knowing what you hold in your hands and how the equity structure affects you. This way, you'll know what your dedication and youth are actually worth.