Vyshnav Gangadharan
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The Almanack of Naval Ravikant by Eric J ...

The Almanack of Naval Ravikant by Eric Jorgenson - Book Notes📙️

Jun 03, 2021

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Making money is not a thing you do—it’s a skill you learn.

  • Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

  • 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.

  • Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.

  • Pick business partners with high intelligence, energy, and, above all, integrity.

  • Don’t partner with cynics and pessimists. Their beliefs are self-fulfilling.

  • Learn to sell. Learn to build. If you can do both, you will be unstoppable.

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