Naval Ravikant | The REAL Purpose of Money AND The Principles to GET RICH

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  • เผยแพร่เมื่อ 21 ส.ค. 2022
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    -------------
    ✅ Naval Ravikant
    Naval is an entrepreneur and angel investor, a co-author of Venture Hacks, and a co-maintainer of AngelList.
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    - The purpose of money is Freedom from your money problems.
    - Retirement (end goal)
    * When you stop sacrificing today for an imaginary tomorrow.
    * When today is complete in and of itself.
    • How to get there?
    • * Earn Passive Income that covers your spending level.
    • * Spend nothing.
    ** Do what you Love
    WEALTH CREATION:
    "You will get rich by giving society what it wants but does not
    yet know how to get. At scale." - Naval Ravikant
    • Implies:
    ** Leverage (e.g./ Code and Media)
    ** Do what you Love (Authenticity) - Unique Skillset -- Specific Knowledge -- source of Creative Work
    ("Competition is for losers" - Peter Thiel)
    "Building specific knowledge will feel like play to you but will
    look like work to others" - Naval Ravikant
    ** Accountability
    *** Put your name on it -- You own the Risks and Rewards.
    ** Product-Market fit
    TRAPS
    - Trap 1: To work for material rewards.
    • Recipe for self-imprisonment.
    - Trap 2: "That's easy for (someone rich) to say"
    • It is not easy to get rich, but all the tools needed are out there.
    ✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎ ✎ ✎ ✎ ✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎✎✎✎✎✎✎
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ความคิดเห็น • 29

  • @jdb1135
    @jdb1135 ปีที่แล้ว +18

    Picking nuggets is going a good job of getting specific info when sometimes people don't have time to watch an entire podcast. Keep it coming. Love the content. Don't stop posting the gold nuggets ! ✨

  • @tomh2425
    @tomh2425 ปีที่แล้ว +13

    This channel is just great, well done again.

  • @ammarqureshi2155
    @ammarqureshi2155 ปีที่แล้ว +12

    great summary, keep it up :)

  • @wasthataflute
    @wasthataflute ปีที่แล้ว +3

    You are indeed a gold mine among largely automated and impersonal summary channels.

  • @MSSirAcademy
    @MSSirAcademy ปีที่แล้ว +5

    Great insight Ravi.

  • @satyav2101
    @satyav2101 9 หลายเดือนก่อน

    This is frikkin’ awesome content.. thank-you

    • @PickingNuggets
      @PickingNuggets  9 หลายเดือนก่อน

      thanks for watching :)

  • @Maximilianniclasklee
    @Maximilianniclasklee 3 หลายเดือนก่อน

    This channel is pure gold.

  • @hi-vs4hq
    @hi-vs4hq ปีที่แล้ว +5

    Thanks for these videos

  • @ElBillonario
    @ElBillonario ปีที่แล้ว +1

    Great one

  • @user-Xy2
    @user-Xy2 ปีที่แล้ว +1

    Amazing 💯

  • @the3rdworlder293
    @the3rdworlder293 ปีที่แล้ว +2

    On the last note, you can figure out what you'd want/love to do.. But how do you figure out what the society would want? Is there a general rule of thumb or something like that.

    • @PickingNuggets
      @PickingNuggets  ปีที่แล้ว +3

      I try to follow the advice of Tim Ferriss to have a clue on what society wants. Which is to "scratch your own itch". Meaning that is a good idea to create something that you would love to consume (either by the emotions or utility that creates). When you have a certain market of one (that is, you), it is very likely that other people will also want to consume it. If you also happen to enjoy the process of creating that thing, and there is a big enough market (to make a living), then you can have some potential!

  • @digitalmarketerken
    @digitalmarketerken 11 หลายเดือนก่อน

    Awesome 🇰🇪🇰🇪🔥🔥

  • @bossgd100
    @bossgd100 ปีที่แล้ว

    Good video !

  • @qanishque
    @qanishque ปีที่แล้ว

    hey man, love your work. please keep it up!

  • @virgilhorghidan7496
    @virgilhorghidan7496 ปีที่แล้ว +1

    no comic sans please!

  • @sieugiatri6740
    @sieugiatri6740 ปีที่แล้ว

    nghỉ hưu là khi bạn hi sinh ngày hôm nay cho ngày mai ?
    tiết kiệm đủ để thu nhập thụ động lớn hơn tiêu
    cố giảm tiêu về 0 ?;
    tạo ra một cái gì đó mà đám đông còn chưa biết họ sẽ cần nó thông qua bạn
    đòn bẩy code, media
    kỹ năng đặc biệt, kiến thức đặc biệt, trách nhiệm giải trình,