3min chapter

Smart Friends cover image

Naval Ravikant on How to Build Wealth

Smart Friends

CHAPTER

What Is Wealth?

Technology democratizes consumption, but consolidates production. The best person in the world at anything gets to do it for everyone. Sales skills are a form of specific knowledge. You run into them all the time in start ups and venture capital. Find and build specific knowledge. There's such a thing as a natural in sales. Once something works, it's no longer technology. And if you want to be wealthy, you want to figure out which one of those things you can provide for society that it does not yet know how to get, but it will want.

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