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How To Get Rich Naval - Every Episode

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Why happiness is the ultimate goal

The importance of creating value

How to create wealth in the modern era

How To Get Rich Naval - Every Episode

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It takes just

17 mins to read

It takes time

When you've applied your specific knowledge, judgment, accountability, and reading, you'll eventually get what you deserve.  

Everyone wants to make money quickly. But it doesn't work. You have to put in the time. You have to put yourself in that position with your specific knowledge, accountability, beverage and skillset and enjoy it and keep on doing it.

The outcome will be how much leverage you can apply to your specific knowledge, how you can improve, h many times your judgement is right, and how accountable you are for the outcome.

66

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MORE IDEAS ON THIS

Work as hard as you can have two meanings

Work as hard as you can have two meanings

  1. If you're an employee or in a lifestyle business, your aim is not to get wealthy but to have a job, family and life.
  2. However, the founder, who works very hard, aims for something different. They are working towards the gold medal and trying to build ...

75

868 reads

Impatience with actions, patience with results

When you have to do something, get it done. Do them as quickly as you can and with full focus. Then, be patient with the results. You likely dealing with complex systems and a number of people. It takes time for people to get comfortable working together.

When there is a problem, don't rest...

79

742 reads

Make up your own mind

Most advice is what other people find helpful for them, but it may not apply to you. 

There is something you can learn, but you can't take their exact circumstance and apply it to yourself. If you get advice, decide if it is true in your context and figure out how you can apply it.

T...

69

520 reads

Work with purpose

Ensure that you work with the best people possible. Pick the people with the highest intelligence, energy and integrity. When you've set your bar, raise it. 

People don't consistently work 80 to 120 hours a week. They sprint for that long when they feel inspired, then take long breaks, reas...

74

777 reads

Working for the long-term

If you want to get paid, you want to be the best at whatever you do. It can be niche. For example, Oprah gets paid for being Oprah. Keep changing what you do until you can use your specific knowledge, skillset, position, capabilities and interests to be number one.

Don't compete because yo...

74

565 reads

Don't do meetings without an agenda

Networking is important early in your career. You'll desire to "do coffee" and build relationships. But later in your career, you have more things coming at you than what you have time for. 

This makes it vital to ruthlessly cut meetings. First, see if a simple text would suffice. If a meet...

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589 reads

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Apply Specific Knowledge with Leverage

Apply Specific Knowledge with Leverage

Apply specific knowledge with leverage, and eventually you will get what you deserve.

There are no get rich quick schemes. That's just someone else getting rich off you.

Elaboration

When you explain and describe an idea in your own words, you consciously associate what you want to learn with what you've already learned.

Why it works: It encodes information into your long-term memory more effectively. The more you connect new knowledge to what you alrea...

Blog it

One of the best ways to form a habit is to put it on your blog. 

If you don’t have one, create one. It’s free. Have your family go there and give you book suggestions and comment on the ones you’re reading. It keeps you accountable for your goals.

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