How To Build Wealth. (with Naval)
While not everything can be taught, anything can indeed be learned.
These notes were taken from Naval Ravikant’s podcast, which aired four years ago from 2024.
Name of podcast: Naval Host: Naval Ravikant
Even though this podcast is super long (3 hours!) and pretty old, it still has the same valuable insights as Naval's tweetstorm.
Here are the notes from 1 hour in, I have broken this down into 3 three The Facts, The Story, and the Action. don’t forget to practice
The Facts:
4. Specific knowledge:
While not everything can be taught, anything can indeed be learned. Specific knowledge is what guarantees you get paid at scale; it's the thing that helps make up you. It's not a thing that can be taught; it's a thing you figure out from observations, looking back at your past and seeing to yourself what do I have based on my genuine curiosity and how can I build on that. And while building, put an eye out for the commercial aspect of things while following your own obsessions.
5. Learn to be a Builder and a Seller:
Building is hard, and selling is also hard. That's why most times you find two founders where one is a builder and the other a seller. But ultimately, the person who can both sell and build is going to be unstoppable. That's the person who as a CEO will win most of the time as long as they put in the energy.
Building is the hardest skill to develop as it requires these specifics…
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