The Naval Podcast – Ethical Wealth Creation Makes Abundance for the World

Check out Naval’s Episode Page & Show Notes

This podcast clip is part of a conversation between Naval Ravikant and Babak Nivi. Unless otherwise noted, quotes are from Naval. For reference, check out Naval’s famous How to Get Rich tweet storm.

Key Takeaways

  • “What I am basically focused on is true wealth creation. It’s not about taking money. It’s not about taking something from somebody else. But it’s from creating abundance.”
    • Basically all of the wealth society has today was created – we’re not still sitting around in caves figuring out how to divide pieces of firewood
  • “Everyone can be rich”
    • In the First World, everyone is basically richer than almost anyone who was alive 200 years ago 
    • Furthermore, it’s better to be poor today than it was to be the richest man 200 years ago
  • Here’s a thought experiment…
    • Imagine if every human had the knowledge of a good software engineer – just think what society would look like 20 years from now
      • We’d ALL be living in massive abundance

These notes were edited by RoRoPa Editing Services