The Naval Podcast – Partner With Rational Optimists

Check out Naval’s Episode Page & Show Notes

This podcast clip is part of an ongoing conversation between Naval Ravikant and Babak Nivi. Unless otherwise noted, quotes are from Naval. For reference, check out Naval’s famous How to Get Rich tweet storm.

Key Takeaways

  • Don’t partner with pessimists
    • Avoid them
  • To create great things, you have to be a rational optimist
    • Rational in the way you see the world
    • Optimistic in your capabilities
  • “All of the really successful people I know have a really strong action bias. They just do things.”
    • The easiest way to figure out if something is viable or not is by doing it
  • “You’ve got one life on this planet. Why not try to build something big?”
  • But do know that it takes a lot of effort to build even small things
    • “I don’t think the corner grocery store owner is working any less hard than Elon Musk
  • Think BIG – but be rational about it
  • Being an irrational optimist > being a rational cynic
  • If you think about it, we’re descended from pessimists
    • If two people were in a forest 10,000 years ago, and they hear a tiger – the optimist doesn’t run and ends up getting eaten, while the pessimist books it and survives
    • “We’re genetically wired to be pessimists, but modern society is far, far safer”
    • “It made sense to be pessimistic in the past, but it makes sense to be an optimist today”
  • In society today, we’re dealing with situations which have limited downside and unlimited upside
    • Just think – if you build the next Tesla or SpaceXyou can create billions of dollars of value for society (and yourself)
    • If you fail, so what? A few investors lose money and you’re right back to where you started.

These notes were edited by RoRoPa Editing Services

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