Fortunes require leverage.Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).Capital means money.To raise money, apply your specific knowledge with accountability and show resulting good judgment.Labor means people working for you.It’s the oldest and most fought-over form of leverage.Labor leverage will impress your parents, but don’t waste your life chasing it.Capital and labor are permissioned leverage.Everyone is chasing capital, but someone has to give it to you.Everyone is trying to lead, but someone has to follow you.