The Naval Podcast – Work as Hard as You Can

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

  • “If getting wealthy is your goal, you’re going to have to work as hard as you can”
    • BUT – “Hard work is absolutely no substitute for who you work with and what you work on”
  • The hierarchy of importance:
    • “What you work on is probably the most important thing”
      • AKA Product-Market-Founder fit (how well you personally are suited to a business”
    • Next – Picking the right people to work with
    • Third – How hard you work
    • But – they’re like 3 legs of a stool, if you shortchange any one of them the whole stool is gonna fall down
  • The order of operations when building a business/career:
    • First – Figure out what you should be doing
      • Is there a market that’s emerging that you’re interested in?
      • Is there a product you could build which would fall in line with your specific knowledge?
    • Second – Surround yourself with the best people possible
      • “No matter how high your bar is, raise your bar”
      • “You can never be working with other people who are great enough. If there’s someone greater out there to work with, you should go work with them.”
      • A good tip on deciding which startup to work for – Pick the one that will have the best alumni network for you in the future
    • Third – Work as hard as you can (AFTER you’ve picked the right thing to work on and the right people to work with)
  • “Nobody really works 80-120 hours a week sustainably at high-output with mental clarity”
    • Knowledge workers tend to sprint while they’re working on something that they’re inspired/passionate about and then they rest
    • Sprint —> Rest —> Re-asses —> Try Again
      • (You end up building a marathon of sprints)
  • Inspiration is perishable
    • When you have the inspiration, act on it right then and there – otherwise you probably won’t do it
  • Be impatient with actions and patient with results
    • “If I have a problem that I discover in one of my businesses that needs to be solved, I basically won’t sleep until the resolution is in motion”

These notes were edited by RoRoPa Editing Services

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