3min chapter

Smart Friends cover image

Naval Ravikant on How to Build Wealth

Smart Friends

CHAPTER

The New Form of Leverage

This is the new form of leverage. This was only invented in the last few hundred years. Now you can multiply your efforts without involving other humans, and without needing money from other humans. Joe rogan making 50 million to a hundred million dollars a year from his podcast. You're going to have pewty pie. And of course there's jeff bazos, mark zuckerberg, larry page, sirgey brynn, bill gates and steve jobbs. Their wealth is all code based leverage. All these means we live in an age of leverage. In life, optimize for independence rather than pay. If you have independence and you're accountable on your output

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