Intro 0:00
Seek Wealth, Not Money or Status 1:51
Make Abundance for the World 7:00
Free Markets Are Intrinsic to Humans 10:39
Making Money Isn’t About Luck 14:37
Make Luck Your Destiny 19:41
You Won’t Get Rich Renting Out Your Time 24:16
Live Below Your Means for Freedom 28:55
Give Society What It Doesn’t Know How to Get 31:15
The Internet Has Massively Broadened Career Possibilities 33:58
Play Long-term Games With Long-term People 38:36
Pick Partners With Intelligence, Energy and Integrity 44:36
Partner With Rational Optimists 49:20
Arm Yourself With Specific Knowledge 54:44
Specific Knowledge Is Highly Creative or Technical 1:01:04
Learn to Sell, Learn to Build 1:06:34
Read What You Love Until You Love to Read 1:12:09
The Foundations Are Math and Logic 1:16:57
There’s No Actual Skill Called “Business” 1:20:15
Embrace Accountability to Get Leverage 1:25:45
Take Accountability to Earn Equity 1:30:13
Labor and Capital Are Old Leverage 1:35:08
Product and Media are New Leverage 1:39:49
Product Leverage is Egalitarian 1:45:03
Pick a Business Model With Leverage 1:50:12
Example: From Laborer to Entrepreneur 1:55:57
Judgment Is the Decisive Skill 2:01:21
Set an Aspirational Hourly Rate 2:07:47
Work As Hard As You Can 2:11:31
Be Too Busy to “Do Coffee” 2:16:38
Keep Redefining What You Do 2:20:42
Escape Competition Through Authenticity 2:22:45
Play Stupid Games, Win Stupid Prizes 2:28:21
Eventually You Will Get What You Deserve 2:30:57
Reject Most Advice 2:35:04
A Calm Mind, a Fit Body, a House Full of Love 2:37:59
There Are No Get Rich Quick Schemes 2:42:05
Productize Yourself 2:46:46
Accountability Means Letting People Criticize You 2:48:40
We Should Eventually Be Working for Ourselves 2:52:17
Being Ethical Is Long-Term Greedy 2:56:42
Envy Can Be Useful, or It Can Eat You Alive 3:00:07
Principal-Agent Problem: Act Like an Owner 3:03:36
Kelly Criterion: Avoid Ruin 3:10:18
Schelling Point: Cooperating Without Communicating 3:11:59
Turn Short-Term Games Into Long-Term Games 3:13:39
Compounding Relationships Make Life Easier 3:16:20
Price Discrimination: Charge Some People More 3:18:49
Consumer Surplus: Getting More Than You Paid For 3:19:59
Net Present Value: What Future Income Is Worth Today 3:20:47
Externalities: Calculating the Hidden Costs of Products 3:21:49
Bonus Material: Finding Time to Invest in Yourself 3:23:31
Transcript:
https://nav.al/rich