Tag: #Naval
Redefine Your Niche Until You Are the Best
"Become the best in the world at what you do. Keep redefining what you do until this is true."
Code and Media: The Great Equalizers of Leverage
Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and...
When Work Feels Like Play, You've Found Your Edge
"Building specific knowledge will feel like play to you but will look like work to others."
The Power of Untrainable, Specific Knowledge
"Specific knowledge is knowledge you cannot be trained for. If society can train you, it can train someone else and...
The Unstoppable Combination: Building and Selling
"Learn to sell. Learn to build. If you can do both, you will be unstoppable."
The Three Crucial Traits of a Business Partner
"Pick business partners with high intelligence, energy, and, above all, integrity."
Life's Returns Come from Compound Interest in Long-Term Games
"Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest."
The Importance of Equity for Financial Freedom
"You're not going to get rich renting out your time. You must own equity—a piece of a business to gain your...
Avoid Status Games to Focus on Wealth Creation
"Ignore people playing status games. They gain status by attacking people playing wealth creation games."
The True Definition of Wealth vs. Money and Status
"Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time...