How to Get Rich Without Getting Lucky

Dec 17, 2024

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In the pursuit of wealth and success, it is easy to become engrossed in conventional wisdom and the pressure to comply with industry standards. True success, on the other hand, is frequently characterized by your ability to stand out rather than fit in. Long-term success is based on a strong blend of competence and authenticity. The world is hungry for people who are genuinely skilled and capable, and if you can consistently deliver on your promises, you can carve out a distinct place for yourself, even if your approach is unconventional. Today, we are joined by Eric Jorgenson to talk about how to get rich without getting lucky.

Eric is the CEO of Scribe Media, the largest Professional Publisher. Scribe helps entrepreneurs, executives, and experts write, publish, and market their books. Eric is the author of The Almanack of Naval Ravikant, A Guide to Wealth and Happiness, and The Anthology of Balaji. He has sold over 1 million copies. He is also an investor in dozens of deep-tech startups through Rolling Fun. Eric writes at ejorgenson.com and hosts the podcast, Smart Friends. His blog has educated and entertained more than one million readers since 2014. He is on a quest to create—and eat—the perfect sandwich. Eric’s next project coming in 2025 is The Book of Elon Musk.

EPISODE HIGHLIGHTS

[05:27] The importance of identifying and reflecting on the principles that guide your life.

[07:40] The difference between seeking wealth versus seeking status.

[11:15] The broader definition of wealth.

[15:17] The impact of mindset: optimism vs. pessimism.

[20:49] The importance of complementary skills in building successful partnerships.

[24:48] The definition of accountability.

[30:13] The types of leverage.

[33:59] The importance of leverage in business and the need to attract the right people and resources.

[40:21] The importance of delegating tasks.

[43:55] The value of customer experience and effective communication.

[19:51] Competence and authenticity.

KEY TAKEAWAYS

Focus on creating lasting value, not just seeking external validation.
Diversify your wealth by developing skills, influence, and the ability to be self-reliant.
Surround yourself with optimistic, solution-oriented people who believe in progress and improvement.
Recognize and leverage your strengths while seeking out partnerships with those whose skills complement yours.
Focus on building leverage in multiple areas.
Focus on tasks that only you can do and delegate the rest.
Go beyond basic service and focus on providing an exceptional customer experience.
Embrace your unique style and authenticity, but make sure your competence backs it up.

RESOURCES

Connect with Eric Jorgenson

LinkedIn - linkedin.com/in/erjorgenson

Website - ejorgenson.com/

Instagram - instagram.com/erjorgenson/

Twitter - x.com/EricJorgenson

Goodreads - goodreads.com/author/show/4029970.Eric_Jorgenson

THE SHIFT

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Is an executive or leader in your company struggling? Reach out to Eric to discuss how his transformative executive coaching approach can help. Schedule a 10 minute call with Eric today to learn more: 10minuteswitheric.youcanbook.me