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Naval Ravikant’s Blueprint for Wealth and Happiness Revealed

Posted on July 8, 2024August 22, 2024

📖 The Almanac of Naval Ravikant

The Almanac of Naval Ravikant

Author(s): Eric Jorgenson
Published: 2020

Category: Self Help (click to see more books)

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⏱ Quick Read

The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric Jorgenson distills the profound wisdom of Naval Ravikant, a successful entrepreneur, philosopher, and angel investor. This book offers a unique blend of life lessons and practical advice on how to achieve both wealth and happiness. Ravikant emphasizes that wealth is not just about financial riches but about owning assets that generate income even when you're not actively working. He argues that true wealth comes from creating value in society, leveraging technology, and owning equity in businesses. On happiness, Ravikant believes it is a skill that can be cultivated through mindfulness, presence, and inner peace. He challenges conventional wisdom by asserting that happiness is a choice and can be developed through habits, acceptance, and a deep understanding of oneself. The book is not a step-by-step guide but a collection of thoughts, tweets, and interviews that encourage readers to think deeply about their own paths to wealth and happiness, urging them to question norms and find their unique way to success.


"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."

– Eric Jorgenson


🔑 Key Takeaways

  • Wealth is generated by owning assets that earn while you sleep.
  • Specific knowledge, which feels like play to you, is key to success.
  • Leverage your efforts with code, media, and capital for exponential impact.
  • Avoid status games; focus on ethical wealth creation instead.
  • Happiness is a skill that can be cultivated through mindfulness and presence.
  • Success in business comes from playing long-term games with long-term people.
  • Productize yourself by combining unique knowledge and accountability.
  • Embrace accountability and take risks under your own name.
  • Learning how to think clearly and make decisions is more valuable than hard work alone.
  • True wealth and happiness come from aligning your work with your authentic self.

📝 Actionable Lessons

  • Invest in building specific knowledge that is unique to you and hard to replace.
  • Prioritize creating or owning assets that generate income independently of your time.
  • Focus on long-term relationships and ethical practices in both business and personal life.
  • Embrace mindfulness and cultivate habits that lead to sustained happiness.
  • Leverage technology and media to scale your efforts and impact.

✒️ Author Snapshot

Eric Jorgenson is a product strategist, writer, and early team member at Zaarly, a home services marketplace. He is known for curating and distilling the wisdom of thought leaders, most notably in The Almanack of Naval Ravikant. His work focuses on making complex ideas accessible and actionable for readers.

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