Naval Ravikant Quotes to Show You How to Build (Real & Lasting) Wealth

#28. There are no get rich quick schemes. That’s just someone else getting rich off you

Naval Ravikant can shift your perspective on lifelong barriers in an instant.

Back in 2018, he disclosed his most powerful secrets to his financial, personal, and business success.

Challenge your daily unconscious behaviors with these simple yet ingenious knowledge bombs.

1. Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy — Wealth allows freedom of choice and following your wildest dreams, decade after decade. Money allows you to do things once if that. Status boxes you in and takes away choice.
2. Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you — You are driven by your unconscious dominant force. Make the unconscious conscious.
3. Ignore people playing status games. They gain status by attacking people playing wealth creation games — Be your own man and play the long game.
4. You’re not going to get rich renting out your time. You must own equity — a piece of a business — to gain your financial freedom — Time is limited. Equity is limitless.
5. You will get rich by giving society what it wants but does not yet know how to get. At scale — Deliver to market a solution to an existing market. Don’t tell the market what it needs.
6. Pick an industry where you can play long term games with long term people — Learn a sense of control and how to deal with your impulse for instant gratification.
7. The Internet has massively broadened the possible space of careers. Most people haven’t figured this out yet — A.I. has broadened your opportunities to create wealth, not reduced them.
8. Pick business partners with high intelligence, energy, and, above all, integrity — Associated with people that you can trust. Things will get rocky.
9. Don’t partner with cynics and pessimists. Their beliefs are self-fulfilling — Negative breeds more negativity. Objectivity is required.
10. Learn to sell. Learn to build. If you can do both, you will be unstoppable — People want to buy what you have. Do you believe in yourself? If not, build yourself up.
11. Arm yourself with specific knowledge, accountability, and leverage — Learn what is relevant to where you want to go. Do what you learn. Employee others to do what you have learned.
12. Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you — Learn through your experiences.
13. Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now — Look to understand for learning’s sake, not to get something from someone.
14. Building specific knowledge will feel like play to you but will look like work to others — Burnout happens to only those that are doing what they don’t want to do.
15. When specific knowledge is taught, it’s through apprenticeships, not schools — Find a willing mentor. It will save you decades of wasted time.
16. Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage — People want to be around courageous leaders.
17. The most accountable people have singular, public, and risky brands: Oprah, Trump, Kanye, Elon — Wear your heart on your shelf.
18. Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep — Give away your best content and put the rest behind a paid wall. Most do it the other way around.
19. An army of robots is freely available — it’s just packed in data centers for heat and space efficiency. Use it — Use A.I. to your advantage.
20. If you can’t code, write books and blogs, record videos and podcasts — Play the long game. Mr. Beast didn’t get to be a beast overnight.
21. Judgment requires experience, but can be built faster by learning foundational skills — Don’t be a business by passer. Know how a cash flow statement, P & L, and balance sheet work.
22. There is no skill called “business.” Avoid business magazines and business classes — Magazines and short courses are MacDonalds like calories. You will be hungry for more in 5 minutes.
23. Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers — These are the fundamentals. Learn them for yourself.
24. Reading is faster than listening. Doing is faster than watching — Confidence comes after you complete the task. No before.
25. You should be too busy to “do coffee,” while still keeping an uncluttered calendar — Eliminate unnecessary things. Focus on the essentials.
26. Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it — Be smart. Virtual assistances are available.
27. Become the best in the world at what you do. Keep redefining what you do until this is true –The path to self-discovery is a path of subtraction.
28. There are no get rich quick schemes. That’s just someone else getting rich off you — If it sounds too good to be true, it is.
29. When you’re finally wealthy, you’ll realize that it wasn’t what you were seeking in the first place. But that’s for another day — The purpose of life is to know who you are at your essence. What wetness is to water.

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