Hey there!Yesterday I posted a new video:Naval Ravikant | The REAL Purpose of Money AND The Principles to GET RICH📝 The following are my takeaways…👇 Naval Ravikant 👇- The purpose of money is Freedom from your money problems.- Retirement (end goal)* When you stop sacrificing today for an imaginary tomorrow.* When today is complete in and of itself.• How to get there?• * Earn Passive Income that covers your spending level.• * Spend nothing. ** Do what you LoveWEALTH CREATION:"You will get rich by giving society what it wants but does notyet know how to get. At scale." - Naval Ravikant• Implies:** Leverage (e.g./ Code and Media)** Do what you Love (Authenticity) -- Unique Skillset -- Specific Knowledge --- source of Creative Work("Competition is for losers" - Peter Thiel)"Building specific knowledge will feel like play to you but willlook like work to others" - Naval Ravikant** Accountability* Put your name on it -- You own the Risks and Rewards.** Product-Market fitTRAPS- Trap 1: To work for material rewards.• Recipe for self-imprisonment.- Trap 2: to say "That's easy for (someone rich) to say"• It is not easy to get rich, but all the tools needed are out there. 🔶 If this content was valuable to you, consider supporting the channel :)https://www.buymeacoffee.com/pickingnuggetsUntil next time,Julio xx
Share this post
Picking Nuggets - Sharing my Notes #11
Share this post
Hey there!Yesterday I posted a new video:Naval Ravikant | The REAL Purpose of Money AND The Principles to GET RICH📝 The following are my takeaways…👇 Naval Ravikant 👇- The purpose of money is Freedom from your money problems.- Retirement (end goal)* When you stop sacrificing today for an imaginary tomorrow.* When today is complete in and of itself.• How to get there?• * Earn Passive Income that covers your spending level.• * Spend nothing. ** Do what you LoveWEALTH CREATION:"You will get rich by giving society what it wants but does notyet know how to get. At scale." - Naval Ravikant• Implies:** Leverage (e.g./ Code and Media)** Do what you Love (Authenticity) -- Unique Skillset -- Specific Knowledge --- source of Creative Work("Competition is for losers" - Peter Thiel)"Building specific knowledge will feel like play to you but willlook like work to others" - Naval Ravikant** Accountability* Put your name on it -- You own the Risks and Rewards.** Product-Market fitTRAPS- Trap 1: To work for material rewards.• Recipe for self-imprisonment.- Trap 2: to say "That's easy for (someone rich) to say"• It is not easy to get rich, but all the tools needed are out there. 🔶 If this content was valuable to you, consider supporting the channel :)https://www.buymeacoffee.com/pickingnuggetsUntil next time,Julio xx