Скачать или смотреть Why Salary is a Drug That Keeps You Poor (The Principal-Agent Problem) | Part 6

Why Salary is a Drug That Keeps You Poor (The Principal-Agent Problem) | Part 6

"If you don't own a piece of a business, you don't have a path to financial freedom."

Welcome to Part 6 of the Naval Ravikant Series: "How to Get Rich (Without Getting Lucky)."

In this episode, we tackle the Principal-Agent Problem. When you are an employee (Agent), you care about your salary and looking busy. When you are an owner (Principal), you care about the actual results and profit. This misalignment is why you can never get truly wealthy just by earning a salary.

To escape this trap, you must own Equity. You need to own a piece of the business, a piece of the upside.

In this episode, we explore: 🏢 What is the Principal-Agent Problem? (Visual Guide). 💊 Why Naval says "Salary is a drug" given to you to forget your dreams. 🤝 How to align incentives in business. 📈 Why renting out your time is a losing game.

📺 Catch up on the series: ► Part 1 (Wealth vs Money): [Link Paste Karein] ► Part 2 (Specific Knowledge): [Link Paste Karein] ► Part 3 (Leverage): [Link Paste Karein] ► Part 4 (Accountability): [Link Paste Karein] ► Part 5 (Judgment): [Link Paste Karein]

🔊 This is Part 6 of a 10-Part Series. Make sure to SUBSCRIBE. In Part 7, we will discuss "Compound Interest"—and why it applies to more than just money (Relationships & Reputation).

Chapters: 0:00 - The Salary Trap 1:50 - The Principal-Agent Problem Explained 3:40 - Owners vs Employees (Mindset) 5:20 - Why You Must Own Equity 7:00 - Small Business vs Scalable Business 8:30 - Preview of Part 7 (Compounding)

Disclaimer: This video is a fan-curated educational summary based on the philosophy of Naval Ravikant.

#Equity #NavalRavikant #PrincipalAgentProblem #SalaryIsADrug #BusinessOwnership #NavalsEcho #WealthCreation #StartupAdvice #Economics