The Almanack of Naval Ravikant
Retirement is when you stop sacrificing today for an imaginary tomorrow. When today is complete, in and of itself, you’re retired. How do you get there?
And the best way to stay away from this constant love of money is to not upgrade your lifestyle as you make money. If you can hold your lifestyle fixed and hopefully make your money in giant lump sums as opposed to a trickle at a time, you won’t have time to upgrade your lifestyle. You may get so far ahead you actually become financially free.
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.
From an era of specialized workers having expertise in one particular activity, the professional world has slowly moved towards problem-solving generalists. Workers are asked to don differe...
Mastery, once a sought-after attribute, is falling out of favour, according to the 2016 World Economic Forum report, and is slowly clearing the field for employees who can:
With the value of true expertise in serious decline, and the economy evolving towards a different set of requirements from employees, the impact on college education, career paths, worker safety, employability and even the nature of work is going to be profound.