2min chapter

Smart Friends cover image

Naval Ravikant on How to Build Wealth

Smart Friends

CHAPTER

How to Outsource Your Hourly Rate

If you secretly despise wealth, it will elude you. Set a very high hourly aspirational rate for yourself and stick to it. It should seem and feel absurdly high. If it doesn't, it's not high enough. My advice to you would be to raise it. Like i said, even before i had money, for the longest time, i used five sand dollars an hour. And if you extrapolate that out into what it looks like as an annual salary, it's multiple millions of dollars per year. Ironically, i actually think i've beaten it. I work through bursts of energy where i'm really motivated with something.

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