Accelerate Your Business (and wealth) Growth - A Book You Can't Miss (For Too Many Good Reasons)
I've just devoured a book that's set my business world on fire... again. It's not often that I find a gem that distills decades of hard-won wisdom into pure, practical gold. But this? This is the real deal.
Enter "How to Get Rich: Without Getting Lucky" by Naval Ravikant.
Now, before you roll your eyes thinking this is another fluffy self-help nonsense, let me stop you right there. This isn't your grandmother's guide to pinching pennies or your sleazy uncle's get-rich-quick scheme. Oh no, not on my watch. This is a down-and-dirty, no-BS blueprint for building lasting wealth.
Don't let the title fool you. This isn't some get-rich-quick scheme or a hollow promise of easy money. Instead, it's a down-to-earth, liberating blueprint for building lasting wealth. From the very first chapter, Ravikant challenges conventional wisdom and offers a fresh perspective on what it truly means to be rich.
Unlike many self-help books, "How to Get Rich: Without Getting Lucky" didn't originate from a writer's desk. It's a curated collection of Naval Ravikant's insightful tweets and interviews. Ravikant, a renowned entrepreneur and investor, has built a formidable reputation in the tech industry. His ability to distill complex ideas into concise, yet profound statements is evident throughout the book. This unique format not only makes the content highly accessible but also underscores the authenticity and practical nature of the advice offered. His talent for distilling complex ideas into bite-sized brilliance is on full display here, making this book as addictive as your favorite Netflix series (but infinitely more profitable).
META NOTES – As an author and a book consultant to many of my clients, I want to point out something useful if you are in the process of writing a book. Naval got down exactly what is true and foundational with a sincere desire to point the reader in the right direction. Starting from the point of what you know to be true in your subject makes it simple to write your book. Something else: he spoke his book. An interview book can be a great format. Plus, it’s very difficult to have “talker block”. The last “meta note” here… Look at how the table of contents shows you exactly the value of reading the book. You can read this book for its contents and for the experience of reading a book created in this way. Naval himself speaks about key decisions he made to create this book, like his choice of the title.
Curious? Let me tantalize you with some juicy tidbits from chapter one so that you see for yourself why to read the book.
Chapter ONE - SEEK WEALTH, NOT MONEY OR STATUS - Wealth is assets that earn while you sleep
"Wealth is the thing you want. Wealth is assets that earn while you sleep; it’s the factory of robots cranking out things. Wealth is the computer program running at night that’s serving other customers.
Wealth is money in the bank that is reinvested into other assets and businesses.
A house can be a form of wealth, because you can rent it out...
My definition of wealth is oriented toward businesses and assets that can earn while you sleep.
(…)
Wealth buys your freedom
You want wealth because it buys you freedom—so you don’t have to wear a tie like a collar around your neck; so you don’t have to wake up at 7:00 a.m. to rush to work and sit in commute traffic; so you don’t have to waste your life grinding productive hours away into a soulless job that doesn’t fulfill you.
The purpose of wealth is freedom; it’s nothing more than that.
(…)
Money is how we transfer wealth
Money is how we transfer wealth. Money is social credits; it’s the ability to have credits and debits of other people’s time.
If I do my job right and create value for society, society says, “Oh, thank you. We owe you something in the future for the work that you did. Here’s a little IOU. Let’s call that money.”
(…)
Status is your rank in the social hierarchy
There are fundamentally two huge games in life that people play. One is the money game. Money is not going to solve all of your problems; but it’s going to solve all of your money problems.
(…)
Status is your ranking in the social hierarchy.
Wealth is not a zero-sum game. Everybody in the world can have a house. Because you have a house doesn’t take away from my ability to have a house. If anything, the more houses that are built, the easier it becomes to build houses, the more we know about building houses, and the more people can have houses.
Wealth is a very positive-sum game. We create things together.
We’re starting this endeavor to create a piece of art that explains what we’re doing. At the end of it, something brand new will be created. It’s a positive-sum game.
(…)
Status is a very old game
Status, on the other hand, is a zero-sum game. It’s a very old game. We’ve been playing it since monkey tribes. It’s hierarchical. Who’s number one? Who’s number two? Who’s number three? And for number three to move to number two, number two has to move out of that slot. So, status is a zero-sum game.”
Let me share with you the table of contents as final nudge to get the book...
CONTENTS
1: Seek Wealth, Not Money or Status
2: Make Abundance for the World
3: Free Markets Are Intrinsic to Humans
4: Making Money Isn’t About Luck
5: Make Luck Your Destiny
6: You Won’t Get Rich Renting Out Your Time
7: Live Below Your Means for Freedom
8: Give Society What It Doesn’t Know How to Get
9: The Internet Has Massively Broadened Career
Possibilities
10: Play Long-Term Games With Long-Term People
11: Pick Partners With Intelligence, Energy and Integrity
12: Partner With Rational Optimists
13: Arm Yourself With Specific Knowledge
14: Specific Knowledge Is Highly Creative or Technical
15: Learn to Sell, Learn to Build
16: Read What You Love Until You Love to Read
17: The Foundations Are Math and Logic
18: There’s No Actual Skill Called ‘Business’
19: Embrace Accountability to Get Leverage
20: Take Accountability to Earn Equity
21: Labor and Capital Are Old Leverage
22: Product and Media Are New Leverage
23: Product Leverage is Egalitarian
24: Pick a Business Model with Leverage
25: Example: From Laborer to Entrepreneur
26: Judgment Is the Decisive Skill
27: Set an Aspirational Hourly Rate
28: Work As Hard As You Can
29: Be Too Busy to ‘Do Coffee’
30: Keep Redefining What You Do
31: Escape Competition Through Authenticity
32: Play Stupid Games, Win Stupid Prizes
33: Eventually You Will Get What You Deserve
34: Reject Most Advice
35: A Calm Mind, a Fit Body, a House Full of Love
36: There Are No Get Rich Quick Schemes
37: Productize Yourself
38: Accountability Means Letting People Criticize You
39: We Should Eventually Be Working for Ourselves
40: Being Ethical Is Long-Term Greedy
41: Envy Can Be Useful, or It Can Eat You Alive
42: Principal-Agent Problem: Act Like an Owner
43: Kelly Criterion: Avoid Ruin
44: Schelling Point: Cooperating Without Communicating
45: Turn Short-Term Games Into Long-Term Games
46: Compounding Relationships Make Life Easier
47: Price Discrimination: Charge Some People More
48: Consumer Surplus: Getting More Than You Paid For
49: Net Present Value: What Future Income Is Worth Today
50: Externalities: Calculating the Hidden Costs of Products
Bonus: Finding Time to Invest in Yourself
Why This Book Is Essential For Your Business
As a coach, trainer, consultant, or independent professional, your success hinges on your ability to create value, build lasting relationships, and achieve financial independence. How to Get Rich: Without Getting Lucky provides a blueprint for accomplishing all three.
Moreover, the book's emphasis on avoiding status games aligns perfectly with the principles of building a strong personal brand. By focusing on delivering exceptional value and cultivating genuine relationships, you can position yourself as an industry leader while achieving financial success.
In a world filled with noise and distractions, How to Get Rich: Without Getting Lucky offers a refreshing and practical guide to building a thriving business. It's a book that will challenge your assumptions, expand your perspective, and ultimately empower you to achieve your full potential.
Ready to unlock the wealth potential hidden in your business?
GET YOUR COPY NOW!
Full Disclosure - I'm a proud Amazon affiliate. (But trust me, I'd recommend this book even if Jeff Bezos himself was my arch-nemesis. Mr. Bezos, we love you here, just in case.)
Till next time, remember… your brilliance is portable. You can take it with you anywhere and everywhere, including growing your business.
With all my love,
Ana
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