The Almanack of Naval Ravikant
Leverage is a force multiplier for your judgment. 3 options:
SIMILAR ARTICLES & IDEAS:
The foundation for every personal pursuit in life is to invest in yourself. It can take years. How you can do it:
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.
It is anything that will increase your wealth without personal labor.
Assets that don't generate cash, but might increase in value.
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....
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.
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.
Many of us buy lots of books that go unread and causes us guilt, but that’s a habit that many successful people have they believe they are better off for it.
For those who actually put in the...
It costs you money and time, but it may pay for itself by changing your life for the better. It’s an experiment. And the more “smart” experiments you perform, the more likely you are to find a breakthrough experiment that changes everything.
Inherent in being a good experimenter is being OK with the losses. Therefore, remember that every time you purchase a book that turns out to be a dud, you are just one step closer to a book that will change your life.