Learn Vocabulary Through Article 66 - 5 Valuable Lessons from 'The Almanack' | Learn English

Naval Ravikant is an entrepreneur, advisor, and investor who has gained fame in the tech world by investing in success stories like Twitter and Uber. 'The Almanack of Naval Ravikant', compiled by Eric Jorgenson, provides some important lessons for improvement in our personal and professional lives.

Build Wealth Efficiently Plan your wealth creation. Create something that earns income for you even while you sleep. Strategy: Invest in business or intellectual property.
Use Leverage Wisely Increase the impact of your work through technology and media. Learn Coding or start blogging and podcasting. Formula: Wealth = Assets that earn even while you sleep.
Identify Unique Knowledge Identify your own passion and skills. Tip: Develop a brand around what you enjoy.
Build Long-term Relationships Work with those who have long-term vision. Build trust and collaborate.
Pursue Happiness Enjoy life's small moments and avoid excessive desires. Focus: Balance money and time for happiness.

5 Valuable Lessons from 'The Almanack' Details

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Emoji	Word	Meaning	Example Sentence	Synonyms	Antonyms

#981 💰 ••••••	wealth wɛlθ noun ••••••	The state of being rich; material prosperity; an abundance of valuable possessions or money. ••••••	Wealth creation involves building assets that earn while you sleep. ••••••	riches, prosperity, fortune, affluence, opulence, assets ••••••	poverty, debt, destitution, penury, need, want ••••••
#982 📈 ••••••	invest ɪnˈvɛst verb ••••••	To put money, effort, time, etc. into something to make a profit or get an advantage. ••••••	Investing in intellectual property can generate passive income. ••••••	fund, finance, back, sponsor, support, capitalize ••••••	divest, withdraw, spend, squander, waste, consume ••••••
#983 ⚖️ ••••••	leverage ˈlɛvərɪdʒ noun ••••••	The use of borrowed capital or resources to increase the potential return of an investment; using something to maximum advantage. ••••••	Leverage amplifies your efforts and scales your work. ••••••	advantage, influence, power, force, weight, clout ••••••	disadvantage, weakness, powerlessness, helplessness, impotence, inability ••••••
#984 💵 ••••••	earn ɜrn verb ••••••	To obtain money, typically as payment for work or through investment; to acquire or deserve through one's efforts. ••••••	Assets help you earn income even while sleeping. ••••••	gain, make, receive, obtain, acquire, secure ••••••	spend, lose, waste, forfeit, squander, give ••••••
#985 🌱 ••••••	develop dɪˈvɛləp verb ••••••	To grow or bring to a more advanced or effective state; to start to exist, experience, or possess gradually. ••••••	Develop a brand based on your passion and skills. ••••••	build, create, establish, form, grow, advance ••••••	deteriorate, decline, destroy, demolish, ruin, regress ••••••
#986 👁️ ••••••	vision ˈvɪʒən noun ••••••	The ability to think about or plan the future with imagination or wisdom; a mental image of what the future will or could be like. ••••••	Working with people who have long-term vision ensures success. ••••••	foresight, insight, perception, imagination, dream, goal ••••••	shortsightedness, ignorance, blindness, myopia, narrowness, limitation ••••••
#987 🤝 ••••••	trust trʌst noun ••••••	Firm belief in the reliability, truth, ability, or strength of someone or something; confidence placed in a person by making that person the nominal owner of property. ••••••	Building trust is essential for long-term relationships. ••••••	confidence, faith, belief, reliance, assurance, dependence ••••••	distrust, doubt, suspicion, mistrust, uncertainty, skepticism ••••••
#988 😊 ••••••	happiness ˈhæpɪnəs noun ••••••	The feeling or state of being happy; a pleasurable or satisfying experience; contentment and joy. ••••••	Happiness lies in enjoying the small things in life. ••••••	joy, contentment, pleasure, cheerfulness, delight, bliss ••••••	sadness, misery, sorrow, grief, unhappiness, depression ••••••
#989 ⚖️ ••••••	balance ˈbæləns verb ••••••	To keep or put something in a steady position so that it does not fall; to give equal importance to two contrasting things or parts of something. ••••••	Balance your time and money to achieve true happiness. ••••••	equilibrium, stability, harmony, proportion, symmetry, poise ••••••	imbalance, offset, disproportion, instability, asymmetry, unevenness ••••••
#990 🎯 ••••••	focus ˈfoʊkəs verb ••••••	To concentrate attention or effort on something; to direct one's attention or efforts towards a particular activity, subject, or problem. ••••••	Focus on what truly matters to simplify your life. ••••••	concentrate, center, direct, aim, target, emphasize ••••••	distract, neglect, ignore, disperse, scatter, overlook ••••••

Lesson 66 - 5 Valuable Lessons from 'The Almanack'

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