May 25, 2019
The Naval Podcast – Productize Yourself
Check out Naval’s Episode Page & Show Notes
This podcast clip is part of a 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
- The whole How to Get Rich (without getting lucky) tweet storm can be summed up with the phrase “productize yourself”
- Productize = leverage + specific knowledge
- Yourself = uniqueness + accountability + specific knowledge
- Whenever you’re doing anything in business, if you’re looking towards the long-term of getting wealthy, you should ask yourself:
- “Is this authentic to me?”
- “Is it myself that I’m projecting? Am I productizing it?”
- “Am I scaling it with labor or with capital or with code or with media?”
- “You want to figure out what you’re uniquely good at, or what you uniquely are, and apply as much leverage as possible” – Nivi
- “Making money should be a function of your identity and what you like to do”
- There’s a tweet Naval really likes – “Find three hobbies: one that makes you money, one that keeps you fit, and one that makes you creative”
- (Or one that makes you money, one that makes you fit, and one that makes you smarter)
- Naval’s hobbies:
- Reading
- Working with startups (investing in them, creating them, etc.)
- Yoga
