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https://www.youtube.com/watch?v=bEgfOF5u8bI boring video but explains the difference between account profit and economic profit and normal profit. I think driving for Uber there isn't much economic profits. 1. It's low barrier to entry and exit (you just need a car), 2. everyone selling...

It's not a mean saying. Understanding normal profit and economic profit is the first step towards escaping the rat race. it's to do with competitive market. and perfect competition. Nothing to do with leveraged profits.

Rent out spare rooms to international students. Host (home stay) charge $200 - $240 per room. Through universities. (That's an extra $12k a year.) Is 55k a year TR or profit? Study economics and understand what is normal profit and economic profit. Once you understand this; get into an...