How To Get Rich According to Naval Ravikant

There are a million ways to make a million dollars and this is how Naval Ravikant does it.

For those of you who don’t know, Naval Ravikant is a philosopher-entrepreneur whose insights on happiness, wealth creation and personal growth have gained a dedicated following.

As the CEO and co-founder of AngelList, he’s a respected figure in the startup world.

With an estimated net worth of 60 million USD, his reflections, often shared via podcasts and social media, are a blend of wisdom drawing from both Eastern philosophy and Western entrepreneurship.

How To Get Rich According To Naval Ravikant?
How did Naval Ravikant got rich?

_______
00:00 - Intro
00:41 - Seek wealth, not money or status
01:32 - Happiness is a skill
02:31 - Play long-term games with long-term people.
03:33 - Embrace radical honesty.
04:28 - Specific Knowledge is key
05:50 - Leverage technology for scale.
07:47 - Develop deep work habits.
09:25 - Practise Rational Optimism
10:57 - Detach from outcomes
11:45 - Learn to sell and learn to build

-

-
Social Media:
---

--
--
For businesses inquiries we're available at:

[alux]

Hello ALUXERS! Have you downloaded the ALUX App yet?

[AvaCharlotte-pniv]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $100k now to put in the market.

[Stanley]

Great video. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

[alphabeta]

1:50 Happiness from within
3:30 Radical honesty
4:20 Specific knowledge
7:40 Deep work
10:55 Detach from outcome
11:45 Sell and build

[DiversityCristian]

Thanks Alux !!! Another great content! God bless you!❤

[hugh]

Read his book when it first came out. I have specific knowledge in my niche that I have honed over 23 years. I actually was involved with one of my artist clients where we took her paintings and scaled them because one of the leading companies in sheets and pillow cases wanted her best art on their products!

[jomarleyduncan]

Here before the millions
Health and wealth FAMS

[manatelanganavantalu]

That's great to hear! Videos can be a and information. They often provide a visual and auditory experience that can be and memorable. Whether you're watching content, tutorials, documentaries, or even entertaining videos, they can be a valuable tool for acquiring knowledge expanding your understanding on a wide range of topics. If you have any specific questions or need further assistance, feel free to ask!

[DiversityCristian]

Hi Alux, what do you meant when you say to build something and sell it to a stranger? What exactly are you referring to? Can you please give us a clue or some examples ?
They have to do with our passion or talents?
Thanks in advance for the answers ❤🙌🤗
You're the best!

[Luxury_Affairs]

Amazing inspiration for my channel too! :)

[imqevet]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly😊

[hasithalakshansilva]

can you put motivation video, finanncial video i like there plz

[ladygrim]

Grand rising. I'm ready to make this money!! Thank you Alux

[gibrillajalloh]

Special thanks to all Aluxers for this series of stories. Naval is one of the most incredible people I am trying to flow and imitate through life. Always love his taught. ❤❤❤

[setforlife_media]

Have a nice day, future millionaires! 🎉

[fiorikiriza]

I am here early! I am also ready to become a billionaire.

[MrBlackjack]

The provided transcript is a summary of a YouTube video featuring insights from Naval Ravikant on how to get rich and lead a fulfilling life. Key takeaways from the video include:

1. Seek Wealth, Not Just Money or Status: Ravikant emphasizes that true wealth is the ability to live life on your own terms, achieving financial independence, and focusing on long-term sustainable happiness rather than just accumulating money or seeking status.

2. Happiness is a Skill: Ravikant believes that happiness is a skill that can be developed from within through practices like meditation and mindfulness, rather than relying on external circumstances or possessions for happiness.

3. Play Long-Term Games with Long-Term People: Building trust and nurturing long-lasting relationships in business and life is crucial for success and wealth. Reputation is a valuable asset in long-term games.

4. Embrace Radical Honesty: Ravikant places a high value on being honest, both with others and oneself. Radical honesty fosters trust, simplifies decision-making, and creates straightforward relationships.

5. Specific Knowledge is Key: Ravikant highlights the importance of acquiring unique and specific knowledge that cannot be easily outsourced or automated, as it provides a competitive advantage in the modern economy.

6. Leverage Technology for Scale: Mastering digital skills and leveraging technology is essential to multiplying one's impact and reach in the modern world, allowing individuals and small teams to compete at a global level.

7. Develop Deep Work Habits: Engaging in deep, distraction-free work is crucial for productivity and personal growth in today's knowledge economy.

8. Practice Rational Optimism: Ravikant advocates for maintaining a positive and hopeful perspective while acknowledging challenges and focusing on actionable solutions.

9. Detach from Outcomes: To find happiness and success, detach from the outcome of your efforts and focus on the process itself.

10. Learn to Sell and Build: Developing skills in both creating and persuading is essential for success in the modern economy.

11. Strive to Be the Best: Aim to be the best in the world at what you do, or at least learn from those who are at the top of their fields.

The video provides valuable insights into Ravikant's philosophy on wealth, happiness, and success.

[michaelandrenio]

Most people venture into crypto to be a millionaire meanwhile I just want to be debt free

[daleupthegrove]

You can't sell bread if you hate being in the bakery. That phrase is gonna stick with me.

[Debbie_ay.]

Thank you Jesus, $32, 000 weekly profits Our Lord Jesus have lifted up my Life.