Money is a function of your identity, and its reach to others

This is my summary of the awesome podcast by Naval titled “How to Get Rich(without getting lucky)”. In short, you won’t get rich renting out your time where inputs (your time) and outputs (the value your create) are highly correlated. Instead, one way to get rich is by getting paid at scale (even when you are sleeping). That can be achieved by acquiring specific knowledge in an emerging domain, taking small risks, applying leverage. And iterating, learning, changing on all three aspects, cohesively, until a scalable identity-market fit is discovered.

Formula

Expressed mathematically, the simplified formula for getting rich looks as…

About

Bilgin Ibryam

Author of Kubernetes Patterns | Technical Product Manager @RedHat for @Debezium & Data Integration | Committer @ApacheCamel

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