Naval admitted this was a clickbait title. It should read “How to Get Wealth”, which he admits requires luck/timing.
One criticism I have of Naval is he thinks anyone can get wealth.
Overall his material is A+ for anyone with average intelligence.
One criticism I have of Naval is he thinks anyone can get wealth.
Overall his material is A+ for anyone with average intelligence.
100% agree. The only thing I think is meaningful, and its not specific to gaining wealth, is the part about becoming the person you want to be, about making your own luck. I'm not particularly wealth (yet?), but I think broadly in life, making your own success is something people don't do enough, at every level in life. You're not going to win the lottery without buying a ticket, and planning has better odds than the Powerball.
Specifically, I've noticed some people are always waiting. Waiting for the right moment, waiting for a sign, waiting for enough experience, waiting for an opportunity, waiting for something. For example, I have a good job. People want my job, and ask me how I got it. Yes, I have a good degree, and had prior good jobs, and did well, etc. But people with more experience and better degrees bring up how they wish they could have my job. They could! They're just waiting for one more successful project on their resume, or a less busy time to start interviewing, or a few more academic accolades, or whatever.
Many people I talk to about their career (friends, family etc, I'm not a coach) will tell me the exact steps they think they should take to be successful, and why it's the right steps, but few of them are taking those steps. My cousin is 35yo wants to be an artist, but she struggles to sell her art (understandable struggle, but IMO her art seems particularly monetize-able). I asked her how she might succeed, since she complained she wasn't satisfied, and she immediately listed off a bunch of things she could do (put art on pillows, create art for tourist souvenirs in her city, illustrate for books, etc). BUT she only tried one thing a few years prior, and it didn't work so she stopped while waiting for the right opportunity to try again. Would she succeed? IDK, art is hard to succeed in. But I know she won't succeed without trying again, and she probably shouldn't wait for an unsolicited email from Hallmark or MOMA to give her a big break.
I think one reason for this is the fear of failure. If I say “in the future I’ll do X and be successful” then I can live in that fantasy: “I am successful - just not yet”. If I actually do X I know there’s a chance it might not succeed.
As much as planning is important to success, I also think, action is equally or more important. If one acts, one may fail, but they would also be closer to understanding why did they fail, and they can course correct. And if one repeats this enough time, I believe, long enough, one will eventually succeed.
I feel the 2 main things that paralyze or keep the people in fantasy world is 1. Fear of failure 2. Not knowing what they really want.
They want something, but they don't want it enough (or) the expectations of the society overpowers their own motivations / desires.