3min chapter

Smart Friends cover image

Naval Ravikant on How to Build Wealth

Smart Friends

CHAPTER

The Age of Leverige

I haven't made money in my life in one giant payout. It has always been a whole bunch of small things piling up. There are so many ways to create wealth, i just can't handle them all. You will never be worth more than you think you're worth. No one is going to value you more than you value yourself. Value your time at an hourly rate and ruthlessly spend to save time at that rate. Always factor your time into every decision. How much time does it take? It's going to take you an hour to get across town to get something? If you value yourself at 100 dollars an hour, that's base throwing 100 dollars out of your pocket.

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