Make Abundance for the World

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Make Abundance for the World

FromNaval

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Length:

3 minutes

Released:

Mar 5, 2019

Format:

Podcast episode

Description

Wealth isn't about taking something from somebody else—it's about creating abundance for the world. • Ethical wealth creation makes abundance for the world 0:00 • Everyone can be wealthy 1:28 Transcript: http://nav.al/ethical-wealth

Released:

Mar 5, 2019

Format:

Podcast episode

Titles in the series (100)

Naval on wealth and happiness. On Twitter at @naval.

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Work As Hard As You Can: Work as hard as you can. Even though what you work on and who you work with are more important. by Naval
5 min listen
Give Society What It Doesn't Know How to Get: Society will pay you for creating what it wants, but doesn’t know how to get, and delivering it at scale. by Naval
3 min listen
Pick Partners With Intelligence, Energy and Integrity: Picking partners with high intelligence, energy and integrity is the three-part checklist that you can't compromise on. by Naval
5 min listen
Make Luck Your Destiny: Build your character in a way so luck becomes deterministic. by Naval
5 min listen
Making Money Isn't About Luck: Making money isn't about luck. It's about becoming the kind of person who makes money. by Naval
5 min listen
Product and Media Are New Leverage: Product and media are the leverage of new wealth. Create software and media that work for you while you sleep. by Naval
5 min listen
Read What You Love Until You Love to Read: You should be able to pick up any book in the library and read it. by Naval
5 min listen
Live Below Your Means for Freedom: People living far below their means enjoy a freedom that people busy upgrading their lifestyles just can't fathom. by Naval
2 min listen
Partner With Rational Optimists: Don't partner with cynics and pessimists. Their beliefs are self-fulfilling. by Naval
5 min listen
There Are No Get Rich Quick Schemes: Get rich quick schemes are just someone else getting rich off you. by Naval
5 min listen
Play Long-term Games With Long-term People: Pick an industry where you can play long-term games with long-term people. All returns in life come from compound interest over many turns of the game. by Naval
6 min listen
You Won't Get Rich Renting Out Your Time: You won't get rich renting out your time, because you can't earn non-linearly. by Naval
5 min listen
The Internet Has Massively Broadened Career Possibilities: The Internet has massively broadened the possible space of careers, by allowing you to scale any niche obsession. by Naval
5 min listen
Arm Yourself With Specific Knowledge: Arm yourself with specific knowledge. It can't be trained but it can be found by pursuing your genuine curiosity. by Naval
6 min listen
Embrace Accountability to Get Leverage: Embrace accountability. Society will reward you with leverage. by Naval
5 min listen
Specific Knowledge Is Highly Creative or Technical: Specific knowledge tends to be creative or technical. It's on the bleeding edge of technology, art and communication. by Naval
6 min listen
The Foundations Are Math and Logic: If you understand mathematics and logic, you have the basis for understanding everything else. by Naval
3 min listen
Compounding Relationships Make Life Easier: Life gets a lot easier when you know someone’s got your back. by Naval
2 min listen
There's No Actual Skill Called Business: There's no actual skill called business. Avoid business schools and magazines. by Naval
6 min listen
Judgment Is the Decisive Skill: Everything we've discussed so far has been setting you up to apply judgment. by Naval
7 min listen
Pick a Business Model With Leverage: Ideally, you should pick a business model with network effects, low marginal costs and scale economies. by Naval
6 min listen
Example: From Laborer to Real Estate Tech: The continuum from laborer to real estate tech company goes from low to high specific knowledge, accountability and leverage. by Naval
5 min listen
Eventually You Will Get What You Deserve: Apply specific knowledge with leverage and eventually you will get what you deserve. by Naval
4 min listen
Learn to Sell, Learn to Build: Learn to sell. Learn to build. If you can do both, you will be unstoppable. by Naval
6 min listen
Escape Competition Through Authenticity: Competition can make you play the wrong game. No one can compete with you on being you. by Naval
6 min listen
Reject Most Advice: Most advice is people giving you their winning lottery ticket numbers. by Naval
3 min listen
Take Accountability to Earn Equity: If you have high accountability, you're less replaceable and you can get a piece of the business. by Naval
5 min listen
Set an Aspirational Hourly Rate: If outsourcing a task will cost less than your hourly rate, outsource it. by Naval
4 min listen
Being Ethical Is Long-Term Greedy: If you cut fair deals, you will get paid in the long run. by Naval
3 min listen
Accountability Means Letting People Criticize You: Misunderstanding accountability, and other mistakes on the path to creating wealth. by Naval
4 min listen

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The Deutsch Files III: Proving something about AGI is inherently impossible 0:00 Creativity is not just mixing things together 3:05 The superiority of explanatory knowledge 7:48 Knowledge laden information is more resilient than any physical object 12:36 The problems of... by Naval
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The Deutsch Files II: The universality of computation and explanation 0:00 The growth of knowledge begins with problems 4:56 Problems are clashes between ideas 9:57 Evolution is not the survival of the fittest 14:50 Bad philosophy in quantum theory 26:46 Free will is... by Naval
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The Deutsch Files I: Good Science Fiction is Hard to Vary 2:08 ChatGPT is Not a Step Towards AGI 5:36 Creativity is Fundamentally Impossible to Define 13:35 The Binary of Personhood and Non-Personhood 23:41 David Deutsch’s Life Philosophy 32:06 The Clash of... by Naval
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David Deutsch: Knowledge Creation and The Human Race, Part 2: Brett Hall and I interview David Deutsch, physicist and author of The Beginning of Infinity. Also see Part 1 by Naval
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David Deutsch: Knowledge Creation and The Human Race: I interview David Deutsch, physicist and author of The Beginning of Infinity. by Naval
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Vitalik: Ethereum, Part 2: Haseeb and I interview Vitalik Buterin about Ethereum and blockchains by Naval
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Vitalik: Ethereum, Part 1: Part one of my interview with Vitalik Buterin about Ethereum and blockchains by Naval
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The Beginning of Infinity, Part 2: Part 2 of my interview with Brett Hall about The Beginning of Infinity by Naval
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New Knowledge Creates New Resources: To a caveman very few things are resources by Naval
3 min listen
Knowledge Makes the Existence of Resources Infinite: We’re going to keep creating new knowledge and new resources by Naval
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Groups Never Admit Failure: What happens is you get a schism instead by Naval
2 min listen
Making Something Social Destroys the Truth of It: Science’s biggest breakthroughs came from unpopular people by Naval
2 min listen
Free Markets Provide the Best Feedback: The alternative is who has more guns by Naval
3 min listen
The Poverty of Compromise: Compromise tests ideas no one ever thought were correct in the first place by Naval
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Innovation Requires Decentralization and a Frontier: Technology has swung us towards centralization in the last decade by Naval
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Don’t Rely on Credibility Stamps: The generation-long shift from institutions to individuals will be messy by Naval
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One Einstein Is Worth A Legion Of PhD Drones: Creativity goes from 0 to 1 and bodies aren’t going to solve the problem by Naval
1 min listen
Ideas Are the New Oil: New fortunes are created with ideas by Naval
3 min listen
Aliens Would Visit for Knowledge, Not Resources: The only thing they will lack is the knowledge they don’t have by Naval
2 min listen
Aliens Might Just Be Too Far Away: We may not be alone in the universe, just too far apart by Naval
2 min listen
If You Can’t Program It, You Don’t Understand It: Evolutionary algorithms don’t produce living beings by Naval
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The Probability of Human Existence Is Infinitesimally Small: From an evolutionary standpoint, it’s near impossible by Naval
1 min listen
Intelligent Species Have Only Risen Once on Planet Earth: Creative intelligence wasn’t inevitable by Naval
3 min listen
Where Are the Aliens?: The universe should be teeming with aliens by Naval
1 min listen
It’s Mind Blowing That Our Minds Can’t Be Blown: Humans can understand every idea given enough time and effort by Naval
3 min listen
More Compute Power Doesn’t Produce AGI: Even the most powerful computers can’t answer ‘why?’ by Naval
2 min listen
We Are Qualitatively Different From Other Species: There is no continuum between humans and chimpanzees by Naval
2 min listen
Humans Are Exceptional: Humans aren’t just a form of bacteria that overran the planet by Naval
2 min listen
Genetic Evolution Was a Prelude to Mimetic Evolution: Ideas undergo the same evolutionary process as genes by Naval
2 min listen
There Can Be No Final Theory of Gravity: All we have is better and better approximations to reality by Naval
3 min listen

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Discover this podcast and so much more

Make Abundance for the World

Make Abundance for the World

Description

Titles in the series (100)

More Episodes from Naval

Related podcast episodes