Naval Ravikant on Freedom and Wealth: 1. Take More Risks: If you're sincere and keep trying, failure isn't a huge concern. 2. Own Equity: Ownership, not income, is the source of wealth.
3. Make Use of Leverage: Expand your work via code, media, or b
"𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐏𝐚𝐬𝐬𝐢𝐯𝐞 𝐈𝐧𝐜𝐨𝐦𝐞"
1. Mindset Shift
The book emphasizes changing your mindset from trading time for money to creating income streams that work for you.
2. Types of Passive Income
It explores various passive inco
Benefits of investing in real estate:
The value of property increases over time.
Earning rent can become a source of regular income.
Some tax exemptions may be available.
It is considered a safe investment in the long term.