Carefully select business partners who possess high intelligence, energy, and integrity, avoiding cynics and pessimists whose negative beliefs can hinder success. Focus on mastering the skills of selling and building, as excelling in both areas can lead to an unstoppable business. Acquire specific knowledge that is unique to you and leverage accountability and risk-taking to earn rewards like responsibility and equity. Pursue your genuine interests and passions to develop technical or creative expertise that cannot be easily replaced, outsourced, or automated.
Naval’s famous tweetstorm ‘How to get Rich’ (without getting lucky) was just the start. This episode has all of the chapters from the Building Wealth section of the book of Naval. You will learn the details of specific knowledge, accountability, building equity, finding leverage and how to play the long game. Learn the principles of wealth that tells you how Naval got rich from his startups, Angellist, and his angel investments. These principles explain how millions of people have gotten rich, and give you the ideas that you need to plan your own path to wealth.
Huge thanks to Sky King for his help. If you need help with podcast growth or monetization go to modernstoa.co or hit him up on twitter @consumersky
Artwork and illustrations by Jack Butcher of @VisualizeValue