How to Get Rich

Intro 0:00

Seek Wealth, Not Money or Status 1:51

Make Abundance for the World 7:00

Free Markets Are Intrinsic to Humans 10:39

Making Money Isn’t About Luck 14:37

Make Luck Your Destiny 19:41

You Won’t Get Rich Renting Out Your Time 24:16

Live Below Your Means for Freedom 28:55

Give Society What It Doesn’t Know How to Get 31:15

The Internet Has Massively Broadened Career Possibilities 33:58

Play Long-term Games With Long-term People 38:36

Pick Partners With Intelligence, Energy and Integrity 44:36

Partner With Rational Optimists 49:20

Arm Yourself With Specific Knowledge 54:44

Specific Knowledge Is Highly Creative or Technical 1:01:04

Learn to Sell, Learn to Build 1:06:34

Read What You Love Until You Love to Read 1:12:09

The Foundations Are Math and Logic 1:16:57

There’s No Actual Skill Called “Business” 1:20:15

Embrace Accountability to Get Leverage 1:25:45

Take Accountability to Earn Equity 1:30:13

Labor and Capital Are Old Leverage 1:35:08

Product and Media are New Leverage 1:39:49

Product Leverage is Egalitarian 1:45:03

Pick a Business Model With Leverage 1:50:12

Example: From Laborer to Entrepreneur 1:55:57

Judgment Is the Decisive Skill 2:01:21

Set an Aspirational Hourly Rate 2:07:47

Work As Hard As You Can 2:11:31

Be Too Busy to “Do Coffee” 2:16:38

Keep Redefining What You Do 2:20:42

Escape Competition Through Authenticity 2:22:45

Play Stupid Games, Win Stupid Prizes 2:28:21

Eventually You Will Get What You Deserve 2:30:57

Reject Most Advice 2:35:04

A Calm Mind, a Fit Body, a House Full of Love 2:37:59

There Are No Get Rich Quick Schemes 2:42:05

Productize Yourself 2:46:46

Accountability Means Letting People Criticize You 2:48:40

We Should Eventually Be Working for Ourselves 2:52:17

Being Ethical Is Long-Term Greedy 2:56:42

Envy Can Be Useful, or It Can Eat You Alive 3:00:07

Principal-Agent Problem: Act Like an Owner 3:03:36

Kelly Criterion: Avoid Ruin 3:10:18

Schelling Point: Cooperating Without Communicating 3:11:59

Turn Short-Term Games Into Long-Term Games 3:13:39

Compounding Relationships Make Life Easier 3:16:20

Price Discrimination: Charge Some People More 3:18:49

Consumer Surplus: Getting More Than You Paid For 3:19:59

Net Present Value: What Future Income Is Worth Today 3:20:47

Externalities: Calculating the Hidden Costs of Products 3:21:49

Bonus Material: Finding Time to Invest in Yourself 3:23:31

[shaziya]

Who is here after watching reel on instagram 😂😂

[memesbycowbelly]

This will influence an entire generation of entrepreneurs, thank you Naval

[susannnico]

This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

[alwayscreatingio]

Found this at 19. Hopefully I look back at this in 5 years

[milktop]

This 3 hour podcast could be a 4 year university degree!!! Amazing stuff

[itsaithomas]

I have this podcast on my schedule each night. And I can definitely tell you that if you have heard it only once, I guarantee you that you are going to miss 80% of the most important things. Highly recommend you to listen to it for one week and you will see how much more you will remember on a daily basis. Insane that this is online for free. This literally can 100% change anyone's life.Good luck everyone!

[sourov_]

Who is come from insta reel 😁💙

Edit: useless comment got 3k likes 😳
What the heck 🌚🤣

[jamesperez]

“The means of learning are abundant, it’s the desire to learn that is scarce.” -Naval

[Skellybr]

Found this at 32. Never too late. The best has only begun

[ericwilde]

Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after months with 40k in the bank. Invested 30k in the S&P stocks. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into it with my Financial advisor James Fletcher Brennan, Cashed out 350k from the S&P Cashed out and Semi retired at 31. Took a year off. Traveled. Came home and started working part time just for the insurance, entertainment and pocket change and still investing in stocks with a 3 million net worth, Work isn't work when you don't have to work. Becoming wealthy can be done in few years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!

[artofflux]

Perhaps some of the most invaluable insights ever compressed into 3.5 hrs. Huge replay value, a real gem of a gift for all.

[badoodle]

Can we just appreciate he didn’t spam ads/no ads, he really wanted to share this with us

[dbassociates]

1:19:47 Five most important Skills 1. Reading 2. Writing 3. Arithmatic 4. Practical Persuasion 5. Computer Programming ..skills for life

[sauraabh]

I am commenting here today so when I get rich, i can come back here and reminisce this moment again

[ashhden]

This podcast is liquid gold...extracted from whole experience of his life!..which he is giving us for free!!

[tenzinsangay]

Crazy how he talks without taking breaks and barely uses any filler words

[RottenPieces]

Wow. im 6 minutes in and im already absolutely blown away. This is the best thing ive seen on youtube. How it only has 260k views just shows how we as a society know very little about the money game: wealth vs status.

[Money-Mastery-Mindset]

Every time i listen to this, i understand new thing, i understand old things betters, get new ideas and also ways to implement them. This is an absolute gem.

[PerryThePlatypus]

Found this podcast at the beginning of my entrepreneurship/"mindset enlightenment" journey. Revisit it annually. So on point.

[sagarrai]

I learnt more from this one podcast than the entire school and college combined. Information on this podcast is ESSENTIAL and TIMELESS.