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The Almanack Of Naval Ravikant

What You Will Learn

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How to Make Money and Get Rich

Nival: Without ownership, your inputs are always going to be very closely tied to your outputs. The major difference between owning a bit of a business and being a salary employee is ownership versus wage work. You can either build that equity by building your own company, or you can buy that equity by buying a piece of a business. If you're paid for ranting out your time, even like the big dog, the people in the big salaries you think, will not really get rich.

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