Quote by NAVAL RAVIKANT - Deepstash
The Psychology Of The Ultimate Entrepreneur

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The Psychology Of The Ultimate Entrepreneur

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NAVAL RAVIKANT

I’ve learned a few things, and some principles. I try to lay them out in a timeless manner, where you can figure it out for yourself. Because at the end of the day, I can’t quite teach anything. I can only inspire you and maybe give you a few hooks so you can remember.

NAVAL RAVIKANT

174

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MORE IDEAS ON THIS

Time & Compounding

Time & Compounding

“All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.”

“Value your time. It is all you have. It’s more important than your money. It’s more important than your friends. It is more important than anything.“

“When you find...

204

1.45K reads

Find Your Passion & Be The Best

Find Your Passion & Be The Best

“You can only achieve mastery in one or two things. It’s usually things you’re obsessed about.”

“All you should do is what you want to do. If you stop trying to figure out how to do things the way other people want you to do them, you get to listen to the li...

194

748 reads

Mental Models

Mental Models

“The really smart thinkers are clear thinkers. They understand the basics at a very, very fundamental level.”

“The best mental models I have found came through evolution, game theory, and Charlie Munger.”

“Mental models are really just compact ways for you to r...

180

824 reads

Specific Knowledge

Specific Knowledge

“I think every human should aspire to being knowledgeable about certain things and being paid for our unique knowledge.”

“Specific knowledge is sort of this weird combination of unique traits from your DNA, your unique upbringing, and your response to it. It’s almost baked i...

184

771 reads

Despising Wealth

Despising Wealth

“If you secretly despise wealth, it will elude you.”

“Money is not the root of all evil; there’s nothing evil about it. But the lust for money is bad.”

“Lusting for money is bad for us because it is a bottomless pit. I...

199

1.85K reads

Productize Yourself

Productize Yourself

“‘Productize’ and ‘yourself.’ ‘Yourself’ has uniqueness. ‘Productize’ has leverage. ‘Yourself ‘ has accountability. ‘Productize’ has specific knowledge. ‘Yourself ‘ also has specific knowledge...

182

795 reads

Building Wealth

Building Wealth

“You don’t get rich by spending your time to save money. You get rich by saving your time to make money.“

“Everybody who really makes money at some point owns a piece of a product, a business, or some IP.”

“Usually, the real wealth is created by starti...

214

1.73K reads

Know Yourself

Know Yourself

“Everyone makes it up as they go along. You have to find your own path, picking, choosing, and discarding as you see fit. Figure it out yourself, and do it.“

“There is no endpoint to self-awareness and self-discovery. It’s a lifelong process you hopefully ke...

186

864 reads

Learning

Learning

“The means of learning are abundant—it’s the desire to learn that is scarce.”

“Real knowledge is intrinsic, and it’s built from the ground up.”

“If you’re a perpetual learning machine, you will never be out of options for how to make money. You can alw...

188

704 reads

Retirement

Retirement

“Retirement is when you stop sacrificing today for an imaginary tomorrow. When today is complete, in and of itself, you’re retired.”

“Once you can solve your money problems, either by lowering your lifestyle or by making enough money, you want to retire.”

There are mul...

192

1.06K reads

Freedom

Freedom

“Whenever you can in life, optimize for independence rather than pay. If you have independence and you’re accountable on your output, as opposed to your input—that’s the dream.”

“My old definition was ‘freedom to.’ Freedom to do anything I want. Freedom to d...

195

1.01K reads

Money vs Wealth

Money vs Wealth

“Money is not going to solve all of your problems, but it’s going to solve all of your money problems.”

“Money is how we transfer wealth. Money is social credits. It is the ability to have credits and debits of other people’s time.”

212

2.45K reads

Beyond the Games

Beyond the Games

“Any end goal will just lead to another goal, lead to another goal. We just play games in life.“

“When you grow up, you’re playing the school game, or you’re playing the social game. Then you’re playing the money game, and t...

182

1.24K reads

Work as Play

Work as Play

“I’m always ‘working.’ It looks like work to others, but it feels like play to me. And that’s how I know no one can compete with me on it.”

“My motivation has shifted from being goal-oriented to being artistic.”

“Creating businesses and making money ar...

201

1.5K reads

Single-Player Game

Single-Player Game

“All the real scorecards are internal.”

“The reality is life is a single-player game. You’re born alone. You’re going to die alone. All of your interpretations are alone. All your memories are alone.”

“Training yourself to be happy is completely intern...

192

987 reads

Reading

Reading

“Reading (learning) is the ultimate meta-skill and can be traded for anything else.”

“Read originals and read classics.”

“Reading science, math, and philosophy one hour per day will likely put you at the upper echelon of human success within seven year...

196

820 reads

Priorities & Big Decisions

Priorities & Big Decisions

“‘I don’t have time’ is just another way of saying ‘It’s not a priority.'”

“If something is your number one priority, then you will do it. That’s just the way life works. If you’ve got a fuzzy basket of ten or fifteen different priorities, you’re going to en...

198

921 reads

Choices & Actions

Choices & Actions

“If you cannot decide, the answer is no. And the reason is, modern society is full of options.“

“One of the things I’m trying to get rid of is the word ‘should.’ Whenever the word ‘should’ creeps up in your mind, it’s guilt or social programming. Doing somet...

195

893 reads

CURATED FROM

CURATED BY

vinamra_

Neuropsychology and Employees |Understanding passions and habits

A list of powerful statements that give you a perspective if you haven't read Naval's tweets yet. If you have, read it once again for newer ideas :)

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It can feel gratifying to figure out what seems like the answer and then deliver it in a sermon. 

It can come off as superiority. Instead, try, “I don’t have all the answers, but I’d love to help you figure out what’s right for you.” Whenever you’ve t...

Reflect On Your Excuses

At the end of each day, take a few minutes to look back on the excuses made that day, and try to figure out why you made them. 

Look for better ways to approach them.

Exercises - pt 5

A bedtime reflection / journaling is a good example of what we can do at the end of a day. Mentally replay your entire day and then ask yourself the following questions:

  • Did I behave according to my principles?
  • Did I treat the people with whom I interacted with in a friendly an...

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