2021-07-26 20:00:03
“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.
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An army of robots is freely available—it’s just packed in data centers for heat and space efficiency. Use it.
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If you can’t code, write books and blogs, record videos and podcasts.
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Leverage is a force multiplier for your judgment.
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Judgment requires experience but can be built faster by learning foundational skills.
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There is no skill called “business.” Avoid business magazines and business classes.
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Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers.
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Reading is faster than listening. Doing is faster than watching.
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You should be too busy to “do coffee” while still keeping an uncluttered calendar.
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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.
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Work as hard as you can. Even though who you work with and what you work on are more important than how hard you work.
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Become the best in the world at what you do. Keep redefining what you do until this is true.
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There are no get-rich-quick schemes. Those are just someone else getting rich off you.
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Apply specific knowledge, with leverage, and eventually you will get what you deserve.
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When you’re finally wealthy, you’ll realize it wasn’t what you were seeking in the first place. But that is for another day. [11]
Summary: Productize Yourself”
Excerpt From
The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
Eric Jorgenson
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