This man can predict the future. He was an early investor in Uber,...

@thefernandocz
Fernando Cao@thefernandocz
49 views Aug 06, 2024 ~3 min read
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This man can predict the future.

He was an early investor in Uber, Twitter, and Notion.

And he just said "In 50 years, everyone will be working for themselves."

Naval Ravikant's 5 predictions on the future of wealth creation (and why you should care):
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1. The Rise of Micro-Entrepreneurs

Naval says in 50-100 years, we'll all be working for ourselves.

Most of human history has operated in hierarchies: The idea of "working for someone else".

But the 'Information Age' is bringing a surprising trend:
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The internet provides infinite connectivity & scale. Your unique skills can be seen by people around the world.

You're no longer confined just to the jobs near you.

Here's Naval's vision for the world:
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You wake up every morning automatically matched with people who require your unique skills.

You get the choice to accept/reject those gigs.

No more bosses, no more suit & ties, no more 9-5.

This one's a promising trend. The next one not so much:
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2. The fight for attention

Your attention is becoming the world's most sought after commodity.

Everyone's fighting for it — from news outlets to video games.

And there's something making you particularly vulnerable to distraction:
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Isolation.

In all of history, we had community — whether that be tribes or family.

Today? Most of our lives are spent disconnected.

We live in apartments by ourselves. We move away from family. Etc.

Which means when distraction comes, you're alone...
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And it means power is in the hands of a few small groups of people:

For one, the people who write the algorithms. You see what they want you to see.

And two, creators. They're magnets for today's currency of attention.

Speaking of which:
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3. The rise of the individual creator

The number of creators will more than double in the next 5 years. Why?

People crave authenticity & in a world of corporate BS, personality becomes the only advantage.

That's why individual brands are the biggest money makers today...
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And these creators have an advantage over traditional jobs:

Their income is diversified. They're not liable to one person switching off their salary.

And as paid media becomes expensive & ineffective, content creators' personal brands become valuable assets:
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4. Personal brands will win

Naval believes in doing work with 'permissionless leverage'.

There are 4 types of leverage: code, media, capital & labor.

Code and media are the best — why?
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"Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep'"

That's why a personal brand is a must:
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Your unique advantage today?

YOUR struggles. YOUR experiences.

No one else can say they've got those.

That makes your content unique. Combined with the infinite scale of the internet, you become your own brand.

And creating personal content comes with a host of benefits...
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Your content will bring you:

• Connections
• Authority
• Wealth

On autopilot. While you sleep.

A personal brand brings people to you — rather than you chasing them.

It's this generation's real estate...
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Either you can build something that pays dividend for life.

Or, you carry on simply consuming other people's content.

One option builds you an asset.

The other is today's equivalent of paying rent.

The choice is yours...
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Founders: We’ll build your entire personal brand on 𝕏 without you lifting a finger.

To date, we've already helped 30+ founders get 1.3 Billion combined views.

Interested in how we can do this for you? Book a call here:

shorturl.at/2Y4hM
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