Naval Ravikant gives a rare interview on Tim Ferris’ podcast. Naval is the co-founder of AngelList
and has invested in more than 100 companies, including Twitter, Uber, Notion, Opendoor, Postmates, and Wish. He has rock star status in startup communities.
While this interview is not startup focused, there is a lot of valuable content here.
The most important insight is that there is a lot to learn from the frameworks and mindset of uber-successful people like Tim Ferris and Naval Ravikant. Tim and Naval have the right combination of skills, network, and ideas so that they can repeatedly accomplish amazing things.
Check out Naval’s popular Tweet thread that now has more than 45k retweets.How to Get Rich Without Getting Lucky
Here are some of the highlights:
“Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.”
“You’re not going to get rich renting out your time. You must own equity, a piece of a business, to gain your financial freedom.”
“The person who is the best at doing something in the world will get to do it for the entire world through a combination of leverage and distribution, accountability, and specific knowledge.”
“The hard parts are not the learning, it is the unlearning. It’s not the climbing up the mountain. It’s the going back down to the bottom of the mountain and starting over. It’s the beginner’s mind that every great artist, or every great business person has, which is: you have to be willing to start from scratch. You have to be willing to hit reset and go back to zero.”