If you share the aspiration of getting rich, this post has some valuable insights by Naval Ravikant for you. Naval is the founder of Vast, Epinions, AngelList, Startupboy and author of Venture Hacks. He previously co-founded Epinions (which went public as part of Shopping.com) and Vast.com. He is an active Angel investor, and have invested in dozens of companies, including Twitter, Uber, Yammer, Stack Overflow and Wanelo. In a set of Tweets he published on 31st May, 2018 he shared some very valuable insights on getting rich (without getting lucky). We have compiled a few of these Tweets that have extremely valuable lessons on getting rich. This is one of the best pieces on life advice we've ever come across on Twitter.
1. Earn While you sleep
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.
2. Focus on Wealth, Not Status
Ignore people playing status games. They gain status by attacking people playing wealth creation games.
3. Internet has broadened career options
The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.
4. Specific Knowledge
6. Your time is important
7. Learn to Sell & Build
Learn to sell. Learn to build. If you can do both, you will be unstoppable.
8. Work Hard
Work as hard as you can. Even though who you work with and what you work on are more important than how hard you work.
9. Be the best at what you do!
Become the best in the world at what you do. Keep redefining what you do until this is true.
10. You can't get rick quickly
There are no get rich quick schemes. That's just someone else getting rich off you.
11. Final lesson
When you're finally wealthy, you'll realize that it wasn't what you were seeking in the first place. But that's for another day.
Image courtesy: Noah Madden
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