Specific Knowledge - Deepstash

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The Almanack of Naval Ravikant

Specific Knowledge

Specific knowledge cannot be taught, but it can be learned. It’s about what makes you special. Like the things you were effortlessly doing that made people notice you. No one can compete with you on being you. Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.

Most of life is a search for who and what needs you the most.

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SIMILAR ARTICLES & IDEAS:

How you can invest in yourself
How you can invest in yourself

The foundation for every personal pursuit in life is to invest in yourself. It can take years. How you can do it:

  • Learn to build something. If you can create something valuable w...
Income generation

Once you have ideas, you want to put your ideas to work. If you do that, you can start creating value. When we create value, we generate income.

During the pandemic for example, most restaurant owners had to focus on other ideas to generate income. Building wealth is not easy. We need a constant supply of ideas.

Asset investing

It is anything that will increase your wealth without personal labor.

  • Businesses. This is a broad asset class. You can buy dividend-stocks on the market, and then the companies will pay you a share of the profit. You can start your own business. You can buy into other private businesses.
  • Bonds. When you invest in bonds, you collect interest just like your bank is collecting on a mortgage.
  • Books. A good book will generate cash for a long time.

Assets that don't generate cash, but might increase in value.

  • Land. A piece of land generates cash when you rent or lease it.
  • Collectibles such as art or watches.
Stress + Rest = Growth

You need to push to the outer limits of your current ability, and then follow that hard work with appropriate recovery time.

This is how you grow your mind and get better at any skill....

Focus on the Process

The best athletes and entrepreneurs aren’t focused on being the best; they’re focused on constant self-improvement.

Concentrating on the process is best for both performance and mental health. It lifts off your shoulders a huge burden, so you can concentrate on the things you can control.

Stay Humble

Knowledge is always evolving and advancing — if you want to evolve and advance with it, you need to keep an open mind.

And to keep an open mind, leave your ego at the door. 

Don't flow with the mainstream
Don't flow with the mainstream

Moving away from analogy = Removing iterative steps based on other or older experiences and biases and prejudices

Keeping Yourself Motivated

Determination. Do something that you have willingly chosen to do. Have a sense of autonomy and self-empowerment.

Bring on companions. Shared memories and experiences are far stronger motivating factors.

Be impatient. achieve your goals as quickly as you can.

Stay curious. Do not just dream, but see the benefits for yourself.

Avoidance. Make the most out of your time and win the final pay off.

Applying the First Principles Thinking

Identify the Problem

What is something that I want to change in my life?

Deconstruct the Problem

What are the causes of my problems? How does it affect my life?

Solve the Problem

Start creating your new framework. You could think of multiple ways to achieve your goals easily.