You Won't Get Rich Renting Out Your Time

[@iVuDang]

This is extremely insightful and inspiring advice. "you can do one hour of creative/high leverage work and have a huge effect, or you can do thousands of hours for an employer and have no effect" Naval's mind is amazing.

[@abartholome1]

Gold nuggets here, to show to any 18 years old who want to go out of their parent’s house and work for in a corporate job. Stay home and start a business with not operating cost, minimum investment and with a digital product you can make once and sell twice

[@UncleTezzy]

not always the case tho. i moved out my moms house and i’ve now felt more happier and productive than ever. only like 5% actually are productive staying in their parents house for an extended amount of time. most people need to be thrown out on their own to be pinched figuratively and put some fire in their @ss!

[@judahfund4668]

Taleb defined this as scalability and said that back in his college days that's what he was looking for. Something scalable with a disconnect between input and output

[@federicoalvarezgarcia5602]

Yes, Taleb makes the comparison between mediocristan and extremistan. He points that inequality of income in sclable jobs is huge, and that more secure, steady flows of cash is also a good option for some people depending on character. Sure, if you want to be a billionare you gotta go with the second type, but there is a possibility to make good money in more deleveraged jobs.

[@luissberenguer_]

You want to work in areas where *your imputs don't match your outputs.* If you can be tought to do it eventually you'll be replaceble.The real wealth is by starting your own companies. Businesses that have high *crativity* and high *leverage.* Tools and leverage are what creates the disconnection between imputs and outputs.

[@erikvillegas8411]

What are area where inputs don’t match outputs besides building a company?

[@missionpupa]

well someone has to work those jobs, otherwise we wont get anything done. these businesses that make a lot of money also need workers.

[@MosesRabuka]

This is the reason why only 5% are successful because we are taught from a young age to go to school, get a job and retire. The bubble, Chained to the Rhythm

[@PrithivirajSaminathan]

i found this channel and found the real purpose of my life :) thank you so much Naval !!

[@instaindian4559]

Curious to know what's the purpose @Prithiviraj Saminathan?

[@montyi8]

@@instaindian4559 Watching motivational self help videos :|

[@aliahmadi8004]

yes uploading in clips is much better than one long 1 hour podcast

[@jacksorsky343]

Pillar content

[@secondtake6549]

How to gain wealth may have been a more attractive title 😂🙏🏽 this is amazing so far thank you

[@codesymphony]

guaranteed there's 1000 different videos already titled that

[@secondtake6549]

symphony I just think the title has a negative connotation with how it’s worded I don’t think it will attract the amount it’s capable of

[@akc7100]

Very true

[@JPWingate]

🔥🔥🔥🔥🔥💯

[@Sam-rp4hy]

Can we also get snippets from your clubhouse

[@abramrabbi5216]

I work hard, i think hard and always creat my own prolem for face.

[@MuseSunday]

I am wealthy 🐷

[@thetruths7389]

Or you can be a NBA basketball player and get pay $200K to play one game. lol

[@Revivalheb]

Joe Taylor you also have to be genetically gifted

[@thetruths7389]

@@Revivalheb Spud Webb was only 5'-7" tall when he made millions of $ in the NBA. He just work harder.

[@jozasfrogas2915]

Okay, you go and become an NBA player 👍

[@facundomiranda3391]

@@thetruths7389 Yes, but the chances are that from millions of aspirant NBA players, only 300 a year make it, in a business you got higher chances ( still a great margin for failure) You have to understand the probabilities that you have

[@Szechaun_Don]

@@thetruths7389 spud Webb was genetically gifted tho...he was 5'6 and dunking easily and still didn't play much