You will get rich by giving society what it wants but does not yet know how to get. At scale.
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.
Pick an industry where you can play long term games with long-term people.
Pick business partners with high intelligence, energy, and, above all, integrity.
Learn to sell. Learn to build. If you can do both, you will be unstoppable.
Arm yourself with specific knowledge, accountability, and leverage.
Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.
Building specific knowledge will feel like play to you but will look like work to others.
When specific knowledge is taught, it’s through apprenticeships, not schools.
If you can’t code, write books and blogs, record videos and podcasts.
Judgement requires experience but can be built faster by learning foundational skills.
Become the best in the world at what you do. Keep redefining what you do until this is true.
Apply specific knowledge, with leverage, and eventually you will get what you deserve
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.
These are wise words from Naval
, I hope you found them helpful.
Author: Victor Adeyemo
Victor Adeyemo is a Leadership and high performance coach, an Event decorator and MC. He is the team leader of Leaders Digest