On long-term wealth creation

Entrepreneurship

Recently Naval Ravikant posted one of his best Tweetstorms.

The topic is how to become wealthy.

After my 27th birthday, I started seriously thinking about wealth creation. I've always been decent at managing my own money, but things deeply changed when I set targets and started getting more aggressive about this goal.

It became an important goal in my life since I realized I wanted to become an early-stage venture capitalist. It is well-known that one of the largest sources of happiness in life is that moment you know you'll never have to worry about paying a single bill. That, combined with a fit body and long-term trustworthy relationships is the source of all happiness.

I'm not there yet, but I have a clear plan on how to rise to this point.

His tweets made me reflect on how I’ve been living my life and what is about to come in the next chapter as I officially launch the VC firm I co-founded.

Quitting my job at FundersClub to start ONEVC made me willing to go through as many sacrifices as possible to achieve my dream. It re-wired my mindset to build something that could outlast me while producing significant wealth. It made me ready to endure pain.

I highly recommend you the entire thing out. Better, read The Almanack of Naval Ravikant, where all of his best tweets are compiled, not only from this specific tweetstorm. For you to get a taste of his wisdom, here are some of my favorites:

Other blog posts

On trading with leverage

I have made 30+ trades in the past 18 months using over US$100K in margin. Interesting to see that margin soared this year. It can be quite useful.

Read more
Listen to Brian Requarth (Latitud) on Inevitable Podcast

Welcome to another episode of the Inevitable Podcast, today I have the honor of being here with Brian Requarth whom I have known for almost a decade.

Read more
Suicide and founder depression

2017 was the most challenging year of my life. I had depression. I thought about suicide a couple of times. Often things felt scary.

Read more

Receive new essays as soon as they're published

You won't receive spam and you can unsubscribe at any time