Smash Notes

Back to Give Society What It Doesn't Know How to Get.

How Does Naval Ravikant Say Someone Actually Gets Rich?

On Naval's episode Give Society What It Doesn't Know How to Get, Naval Ravikant says you will not get rich renting out your time. Society pays you for creating something it wants but does not yet know how to make, then delivering it at scale. He points to oil for John D. Rockefeller, cars for Henry Ford, and the pocket computer Steve Jobs and Apple put in people's hands. Quoting Alan Kay, he says technology is whatever does not quite work yet. The job is to create that thing and scale it until it pays for itself. Uber, in his telling, took the chauffeur from the rich and made a private driver ordinary.

Transcript

Give Society What It Doesn't Know How to Get ·

Naval

More from this episode

  1. How Can I Make Something People WantStart as an act of creativity because you want something to exist. Build it for yourself. Then figure out how to get it to other people.
  2. What Is EntrepreneurshipEntrepreneurship is an act of creating something new from scratch, predicting the society would want it, and then figuring out how to scale and get it to…

Featured in: Naval on Wealth, Happiness and Judgment: 15 Key Moments

More answers like this

The other side

Related episodes

Plays from this note through the rest of the episode.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.