Naval Ravikant - How To GET RICH WITHOUT LUCK (Build Wealth in a Deterministic Way)

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I share 23 powerful Nuggets from top Influential Doers (in their own words), with added 🎆 visuals (to make it super easy to understand) and my own 💭 reflections.
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📓 Check out the most powerful nuggets of this video in my blogpost - pickingnuggets905.substack.co...
👨 People
Naval Ravikant is the co-founder of AngelList and co-author of Venture Hacks. He has invested (early-stage) in companies like Uber, Twitter and FourSquare.
Babak Nivi is also the co-founder of AngelList and co-author of Venture Hacks. He received his PhD in Electrical Engineering at MIT.
🧠 Quotes
“In 1,000 parallel universes, you want to be wealthy in 999 of them. You don’t want to be wealthy in the 50 of them where you got lucky. We want to factor luck out of it.”
- Naval Ravikant
“You build your character in a certain way, and then your character becomes your destiny.”
- Naval Ravikant
"Extreme people get extreme results"
- Sam Altman
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★ Sources:
► Naval Ravikant // Make Luck Your Destiny - • Make Luck Your Destiny
► Naval Ravikant // Making Money Isn't About Luck • Making Money Isn't Abo...
► Marc Andreessen Blogpost on the 4 kinds of Luck - pmarchive.com/luck_and_the_en...
► Carrie Rose at the DeepDive Podcast - • How To Build A Million...
► Steve Jobs (Connecting the Dots) - • Steve Jobs' 2005 Stanf...
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⏰ Time Codes
0:00 - Is Not Luck
00:45 - Blind Luck
00:55 - Luck from Hustling
1:34 - Luck from Preparation
1:51 - Create your Destiny // Get Rich in a Deterministic Way
7:30 - Reflections
10:13 - Shortform: My Favorite Platform to Learn from Books!
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[@alphabeta8403]

*GOOD STUFF!* 1:40 I will prepare and someday my chance will come 6:30 You can't be normal and expect abnormal results 9:45 The future belongs to those who learn more skills and combine them in creative ways

[@PickingNuggets]

thank you!

[@El_Diablo_12]

7:37 really like this

[@adz333]

This was a great one. Great work

[@PickingNuggets]

Thank You !!

[@tobiastho9639]

4:25 reminded me of CuratedTV buying and selling super rare cars. Also having the mechanics to painstakingly go over them.

[@shahidlal238]

Be authentic, build trust, stack skills and help others solve a specfic problem.

[@ClaudioPascual]

I'm going to enroll in a diving course and I'm going to create my own luck :)

[@qanishque]

The common cliche for the fourth luck - Be yourself!

[@thequestion3953]

A better way of phrasing it is: “Don’t be afraid to be strange”

[@VenturiLife]

Looking back, if I knew what I know now, I would have formed a lot more healthy relationships and business relationships. Often who you know opens up all those opportunities, that you'd otherwise just miss, or meet people moving in the same direction and learning from each other.

[@mihirrege3920]

What was the name of the book he mentioned about luck at the beginning?

[@vci_ds]

What I understand from this video is that you might require one of the lucks he described earlier to be in the position where “Luck Finds You”. By the time you’re in that Golden “Luck Finds You” position, you’re already stable enough, and this position would make you more wealthy.

[@SHANONisRegenerate]

The harder i work the luckier i get

[@theluckshow9617]

I know a thing or two about luck. Don’t believe in it. Create it.

[@coder_rc]

✅

[@WtfReal]

I don’t really believe in “creating your own luck” there’s a reason why there’s always a certain amount of people in each level of hierarchy. Not everyone will become rich even if you play your cards right. Just like how there are only 100 spots in the NBA, I’m sure there are plenty of people that “worked” harder than Michael Jordan

[@Carrocip]

metoo

[@sp123]

There's 1 in 1000 luck and there's 1 in 10000000 luck. Being an NBA player is the later

[@filmawayvlad]

Totally not. Skill-set plus luck

[@nobody983]

Tired of these millionaires saying that they can rebuild wealth if they lost everything. OK then do it, giveaway everything, become homeless and start over or STFU!

[@alaypatel6050]

No kidding 😂😂😂 nobody has umlimited time, opportunities and what they call luck. You still have to die one day.

[@sp123]

Naval owes his wealth to winning the Stuvesant high school lottery, he admits the school turned him from blue collar to white collar

[@billy3603]

Guys… invest. This is a capitalist country. Lol that’s it. Know what your doing and invest.

[@CodyGestro23]

There is no such thing as “luck” it’s a lie

[@iam_kxylee]

It’s probability

[@JayYangInspires]

This was gold, Julio 🫡

[@PickingNuggets]

Thanks for watching :)