Smash Notes
What Is the Difference Between Wealth and Money · Naval

Naval

Seek Wealth, Not Money or Status

The difference between wealth, money and status. - Wealth is assets that earn while you sleep: 0:56 - Money is how we transfer wealth: 2:28 - Status is your rank in the social hierarchy: 3:08 Full show notes and transcript: https://startupboy.com/2019/02/28/seek-wealth This is the first interview between Naval and Nivi on How to Get Rich. See them all…

Notes

  1. What Is the Difference Between Wealth and Money at 0:57

    Wealth is the thing you should really want to acquire. Full answer

  2. Why Is Social Status a Zero-sum Game at 3:44

    Status is your ranking in the social hierarchy, and unlike money, status is a zero-sum game. Full answer

  3. Why Should You Avoid Status Games in Your Life at 5:11

    In order to have a winner, a status game must have a loser. Full answer

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