#003 Nick Huber: How to Leverage Twitter, an Abundance Mindset, and A Love of Chaos
Nick Huber owns a real estate private equity company (http://boltstorage.com) in the self storage space. He owns 24 properties and over 630,000 rentable square feet in 4 states. He employees a team of 17 individuals and has raised over $10m in outside capital. Artwork and illustrations by Jack Butcher of @VisualizeValue Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking). If you want to support the podcast, here are a few ways you can: >> Buy a copy of the Navalmanak: www.navalmanack.com/ >> Share the podcast with your friends and on social media >> Give the podcast a positive review to help us reach new listeners >> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa >> Follow me on Twitter: @ericjorgenson >> Follow @FirstsFamous on Twitter >> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage >> Join the Course Correctly community: https://coursecorrectly.com/about/ I appreciate your support! Important quotes from Naval on building wealth and the difference between wealth and money: How to get rich without getting lucky. - Naval Ravikant Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant I came up with the principles in my tweetstorm (below) for myself when I was really young, around thirteen or fourteen. I’ve been carrying them in my head for thirty years, and I’ve been living them. Over time (sadly or fortunately), the thing I got really good at was looking at businesses and figuring out the point of maximum leverage to actually create wealth and capture some of that created wealth. - Naval Ravikant Seek wealth, not money or status. - Naval Ravikant Wealth is having assets that earn while you sleep. - Naval Ravikant Money is how we transfer time and wealth. - Naval Ravikant Ignore people playing status games. They gain status by attacking people playing wealth creation games. You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy. - Naval Ravikant