4min chapter

Smart Friends cover image

Naval Ravikant on How to Build Wealth

Smart Friends

CHAPTER

How to Get Out of the Competition Trap

I don't think there is any end goal or purpose, I'm just living life as i want to. The way to get out of the competition trap is to find the thing you know how to do better than anybody. If you love to do it, be authentic, and then figure out how to map that to what society actually wants. Apply some leverage and put your name on it. You take the risks, but you gain the rewards. Have ownership and equity in what you're doing. And just crank it up.

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