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.

— Naval (@naval) May 31, 2018

Naval

@naval

·

31.05.2018 г.

You will get rich by giving society what it wants but does not yet know how to get. At scale.

The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.

Arm yourself with specific knowledge, accountability, and leverage.

Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.

Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.

Building specific knowledge will feel like play to you but will look like work to others.

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.

An army of robots is freely available - it's just packed in data centers for heat and space efficiency. Use it.

If you can't code, write books and blogs, record videos and podcasts.

There is no skill called “business.” Avoid business magazines and business classes.


-
@naval Can you explain more deeply "Leverage is a force multiplier for your judgement."

@naval ·2.06.2018 г.

Judgement is making decisions. Leverage magnifies the consequences of those decisions. Invest $100 of your money or $10,000 of someone else’s. Work on a project for 1 year or work with a team of 10 on that project for a year. Advise a friend or advise many via Twitter.