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Founders: #191 Naval Ravikant (A Guide to Wealth and Happiness)

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What I learned from reading The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Naval Ravikant and Eric Jorgenson. Read the book online for free here. ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- Naval has changed my life for the better, and if you approach the following pages like a friendly but highly competent sparring partner, he might just change yours.Books make for great friends, because the best thinkers of the last few thousand years tell you their nuggets of wisdom.If you don't know yet what you should work on, the most important thing is to figure it out.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.Ignore people playing status games, They gain status by attacking people playing wealth creation games.You will get rich by giving society what it wants but does not yet know how to get. At scale.The internet has massively broadened the possible space of careers

[00:00:00] I grew up in a single-parent household, with my mom working, going to school, and raising my brother and me as latchkey kids. We were very self-sufficient from a very early age. There was a lot of hardship, but everyone goes through hardship. It did help me in a number of ways. We were poor immigrants. My family split up. My mother uniquely provided, against the background of hardship, unconditional and unfailing love. If you have nothing in your life, but you have at least one person that loves you unconditionally, it'll do wonders for your self-esteem. The library was my…

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