Naval

Making Money Isn't About Luck

63 snips
Mar 6, 2019
Making money isn't just a game of chance; it's about cultivating the right mindset. Discover the four types of luck and how hustling plus preparation lead to success. Journey through the idea that wealth accumulates gradually, one strategic decision at a time. Learn how to become the person who attracts wealth, and see financial freedom as a path built on consistent effort rather than mere luck.
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INSIGHT

Wealth is a Skill

  • Wealth creation is a skill, not luck.
  • Develop this skill to become the kind of person who makes money consistently.
INSIGHT

Four Types of Luck

  • There are four types of luck: blind luck, luck from hustle, luck from preparation, and luck from unique character.
  • Develop skills and position yourself to capitalize on opportunities.
ADVICE

Deterministic Wealth

  • Strive for wealth deterministically, minimizing reliance on chance.
  • Build wealth steadily through multiple opportunities and investments.
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