naval's how to get rich (without getting lucky), 14 lines

the ones I actually go back to. from nav.al/rich, wording follows the commonly republished paraphrase of each tweet, not raw tweet formatting

01
Seek wealth, not money or status. Wealth is assets that earn while you sleep.
02
You're not going to get rich renting out your time. You must own equity, a piece of a business, to gain financial freedom.
took a job change to actually believe this one
03
Ethical wealth creation is possible. If you secretly despise wealth, it will elude you.
04
You will get rich by giving society what it wants but does not yet know how to get. At scale.
the 'at scale' part is the whole game
05
Pick business partners with high intelligence, energy, and integrity.
06
Play long term games with long term people. All the returns in life come from compound interest.
easier said than actually done
07
Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication.
capital and people leverage need someone's permission. code and media don't
08
Arm yourself with specific knowledge, accountability, and leverage.
09
Specific knowledge is knowledge you can't be trained for. If society can train you, it can also train someone to replace you.
10
Specific knowledge is found by pursuing your genuine curiosity, not whatever is hot right now.
hardest one to actually follow
11
Learn to sell, learn to build. If you can do both, you'll be unstoppable.
12
Read what you love until you love to read.
13
The internet has massively broadened the possible space of careers, most people haven't figured this out yet.
this line is aging really well
14
There's no skill called "business." Avoid business magazines and business classes.
reread the whole thread again this week, from the source

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