The greatest thinker of the 21st century:
Naval Ravikant.
He was an early investor in Uber, Twitter, and Notion.
And he famously said, “You’re not going to get rich renting out your time.”
Here are 10 of his teachings on wealth that changed my life:
Naval Ravikant.
He was an early investor in Uber, Twitter, and Notion.
And he famously said, “You’re not going to get rich renting out your time.”
Here are 10 of his teachings on wealth that changed my life:
Don’t Chase Money, Build Wealth
"Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth."
Most people try to become wealthy by chasing dollars.
Create wealth by building systems that work for you.
"Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth."
Most people try to become wealthy by chasing dollars.
Create wealth by building systems that work for you.
Prioritise Owning Equity
"You're not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom."
Trading time for money is a losing game. The real wealth comes from ownership.
Don’t be an employee. Be an owner.
"You're not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom."
Trading time for money is a losing game. The real wealth comes from ownership.
Don’t be an employee. Be an owner.
Build Or Sell
"Learn to sell. Learn to build. If you can do both, you will be unstoppable."
• Build: The ability to create value
• Sell: The ability to communicate that value
Doing both is an unbeatable combination.
"Learn to sell. Learn to build. If you can do both, you will be unstoppable."
• Build: The ability to create value
• Sell: The ability to communicate that value
Doing both is an unbeatable combination.
Focus On The Long Game
"Play long-term games with long-term people." Success compounds over time.
Surround yourself with people who think decades ahead, not just quarters.
Your network is your net worth; build it strategically.
"Play long-term games with long-term people." Success compounds over time.
Surround yourself with people who think decades ahead, not just quarters.
Your network is your net worth; build it strategically.
Productize Yourself
Package your knowledge into a product that can be sold repeatedly.
Identify your unique combination of talents. Turn your expertise into a scalable offering.
Knowledge as a product is unlimited leverage.
Package your knowledge into a product that can be sold repeatedly.
Identify your unique combination of talents. Turn your expertise into a scalable offering.
Knowledge as a product is unlimited leverage.
The Possibilities Are Endless
"The internet has massively broadened the possible space of careers. Most people haven't figured this out yet."
The rules of wealth creation have changed. The internet allows you to reach billions.
Grow your personal brand and capitalize on it.
"The internet has massively broadened the possible space of careers. Most people haven't figured this out yet."
The rules of wealth creation have changed. The internet allows you to reach billions.
Grow your personal brand and capitalize on it.
Create Automated Offers
"Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep."
Learn to code or create content.
Both allow you to scale your impact infinitely.
"Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep."
Learn to code or create content.
Both allow you to scale your impact infinitely.
Anyone Can Create Leverage
"If you can't code, write books and blogs, record videos and podcasts."
You don't need to be technical to create scalable offers. Content creation is accessible to everyone.
You need leverage to build wealth.
"If you can't code, write books and blogs, record videos and podcasts."
You don't need to be technical to create scalable offers. Content creation is accessible to everyone.
You need leverage to build wealth.
You Decide Your Worth
"Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it."
My hourly rate is $5K/hr. Anything below that, I delegate or automate.
Your time is your most valuable asset; protect it.
"Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it."
My hourly rate is $5K/hr. Anything below that, I delegate or automate.
Your time is your most valuable asset; protect it.
Learn Constantly
"Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers."
Wealth creation requires a diverse skill set. Continuous learning is non-negotiable.
Build an uncommon skill combination to create unique value.
"Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers."
Wealth creation requires a diverse skill set. Continuous learning is non-negotiable.
Build an uncommon skill combination to create unique value.
These principles aren't just theory.
They're the foundation of my success.
I've used them to build multiple 8-figure businesses and grow my audience to 2M+ followers.
But knowledge without action is useless.
They're the foundation of my success.
I've used them to build multiple 8-figure businesses and grow my audience to 2M+ followers.
But knowledge without action is useless.
Want to learn how to apply Naval's principles to your business?
I'll show you exactly how I've used leverage to generate $13.8M per year from content alone.
Learn how to turn your content into an automated lead-generation machine: founderos.com/discover/monet…
I'll show you exactly how I've used leverage to generate $13.8M per year from content alone.
Learn how to turn your content into an automated lead-generation machine: founderos.com/discover/monet…
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1 actionable tip to grow your online business.
Bonus: You’ll get my 50 Systems to Generate $1M Per Month Guide (worth $249) for free.
Join 137,000+ subscribers here:
founderos.com/newsletter
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