
HOW TO GET RICH: (without getting lucky)

"Find three hobbies. One that makes you money, one that keeps you fit, and one that makes you creative."
Naval Ravikant • HOW TO GET RICH: (without getting lucky)
This idea that it’s stolen is this horrible zero-sum game that people who are trying to gain status play.
Naval Ravikant • HOW TO GET RICH: (without getting lucky)
Nivi: My little equation is that your eventual outcome will be equal to something like the distinctiveness of your specific knowledge times how much leverage you can apply to that knowledge times how often your judgment is correct times how singularly accountable you are for the outcome times how much society values what you’re doing. And then you
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Then on the hobby that keeps you fit, I don’t really have one. Closest thing I have is yoga, but that’s where I sort of fell apart. I think people who, early in life, discover something like surfing or swimming or tennis or some kind of a sport that they continue doing throughout most of their life are very lucky because they found a hobby that
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You should always be thinking about how your users, your customers, can add value to each other because that is the ultimate form of leverage. You’re at the beach in the Bahamas or you’re sleeping at night and your customers are adding value to each other.
Naval Ravikant • HOW TO GET RICH: (without getting lucky)
I would change that slightly. I would say one that makes you money, one that makes you fit, and one that makes you smarter. In my case, my hobbies would be reading, making money as I love working with startups. Either investing in them, brainstorming them, starting them. I just love that ideation and initial creation phase around startups.
Naval Ravikant • HOW TO GET RICH: (without getting lucky)
Technology is an intellectual frontier for gaining specific knowledge
Naval Ravikant • HOW TO GET RICH: (without getting lucky)
Anything you have to do, just get it done. Why wait? You’re not getting any younger. Your life is slipping away. You don’t want to spend it waiting in line. You don’t want to spend it traveling back and forth. You don’t want to spend it doing thing that you know ultimately aren’t part of your mission.
Naval Ravikant • HOW TO GET RICH: (without getting lucky)
For example, I made good investments and figured out the venture business. I could have kept doing that and making money. Instead, I co-founded Spearhead to train up-and-coming founders to become angels and venture investors. We give them a checkbook to start investing.