So, what are these skills, and how do we learn them? What are the principles that should guide our efforts?
Read on...
Naval Ravikant is an entrepreneur, philosopher, and investor who has captivated the world with his principles for building wealth and creating long-term happiness.
The Almanack of Naval Ravikant is a collection of Naval's wisdom and experience from the last ten years, shared as a curation of his most insightful interviews and poignant reflections.
This isn't a how-to book, or a step-by-step gimmick. Instead, through Naval's own words, you will learn how to walk your own unique path toward a happier, wealthier life.
After having read the book page by page, I, hereby, list down the 43 fabulous lessons from this awesome book.
These are the examples that stuck with me.
These learnings are worded and appended in a way that makes it easier for most of us to understand and absorb.
If you are interested in reading about such learning from other all-time best-selling books, you may click here.
For now, if you wish to know about '"The Almanack of Naval Ravikant", and what I learned from it, here you go...
1) You have enough in your life if you have one person who loves you unconditionally.
2) Accumulate wealth, not money or status. Ignore people playing the status game.
3) Wealth is the assets that earn while you sleep.
4) Technology are things that don't quite work yet. Once they start to work, they are no longer technology. Internet isn't a technology anymore.
5) Most of life is a search for who and what needs you the most.
6) Your passion feels like fun to you and very hard work to others.
7) You are in a competition because you are copying the same things. Find your uniqueness and competition vanishes. Every human being is distinctly unique.
8) 99% of what you do in life is a waste. Only 1% is what you would continue to do and be good at. But it's tough to identify this 1% without doing the remaining effort. But once you identify your 1%, be ready to go all in and dump the rest.
9) People will forgive failures as long as you were honest and made a high integrity effort.
10) If it entertains you now and will bore you in future, it's a distraction. Keep looking.
11) Forms of leverage: (a) Labour (oldest, chaotic, tough) (b) Capital (moving money - more recent) (c) Products - code, books, podcasts, videos - most recent.
12) Earn with your mind, not your time. Leverage your time.
13) Set a very high aspirational hourly rate for yourself and stick to it.
14) Money doesn't solve all your life problems, but it solves all your money problems.
15) Politics, Sports etc. are all status games. For someone to win, someone must lose. It's a zero-sum game. These games are played only because they are necessary evils in many aspects. But should be avoided in your personal life. They make you an angry combative person always trying to pull someone down.
16) Three vital decisions which deserves a lot of your time - whom you get into a relationship with, what kind of job you wish to do, and which city you want to live in. We spend a lot of time in three things but very less time in deciding these.
17) When you love your work, it becomes a play for you. You start to play 16 hours a day. When that happens, no one can complete with you because to complete with you, they need to work 16 hours a day, 7 days a week.
18) Not money, but lust for money is bad because it's a bottomless pit and it will always occupy your mind. The only way out of this list is not to upgrade your lifestyle as you make money. Tough, but only way to get to financial freedom.
19) Freedom is probably your most important value. If money helps you buy it, wonderful, but if money starts to snatch it, that moneys isn't worth at all.
20) If someone talks too much about any of their value, there are very high chances that he doesn't possess the value he is talking about.
21) You cannot hide anything from your own self. So, when you do something wrong, you know it and brings down your self-esteem. This is the worst punishment where you lose respect for yourself. And if you don't love yourself, who will?
22) Suffering is the moment when you can no longer avoid reality. And from thereon, the only way forward is up.
23) In key decisions of life (marriage, city, business etc.), if you find it difficult to choose, the answer is NO. There are too many options to choose from.
24) Read what you love until you love to read. Reading is what matters.
25) Teaching forces you to learn first.
26) When you are reading the book and are confused, it's the same state as going to the gym and feeling the pain of muscle building. Right now, you are building mental muscles. Confusions are good.
27) Mathematics, Science and Microeconomics are rarely debatable. Everything else can be argued and debated on. Build a strong foundation by reading on these three subjects.
28) A calm mind, a fit body and a house full of love - these things cannot be bought.
29) Be careful of what you take in through your senses. What you take in may stay in - forever, just like that thought which refuses to go.
30) Don't take yourself so seriously. You are just a monkey with a plan.
31) Three most important things in life - Wealth, Health and Happiness. This is the order in which you pursue them. The importance of these is precisely in the reverse order.
32) Every desire is a self-chosen unhappiness contract with the contract closure on the date of achievement of that desire.
33) Life is a single player game. From birth to death, you are alone. Your interpretations during your life are your own.
34) When you are not happy, you are not doing any favor to anyone. It's not going to make anyone else any happier. No one cares. Take charge of this beautiful game called life. Play it well. You will have to depart very soon.
35) Fat makes us full. Sugar triggers rush for more. Sugar overrides over fat.
36) Exhibit impatience with actions, and patience with results.
37) Don't waste your time doing things you don't like. Time is all you have.
38) Don't waste your time trying to make anyone happy. You can't. It's in their scope of work. Don't interject. You focus on your own happiness. That gives you a better chance of rubbing off this happiness with others.
39) Anger is its own punishment. It's precursor to violence.
40) People that live far below their means relish the beauty of freedom that people busy upgrading their lifestyle can't fathom.
41) A taste of freedom can make you unemployable.
42) To find a worthy mate, be worthy of a worthy mate.
43) Inspiration is perishable. Act on it immediately.
Hope these 43 fabulous lessons will help shape up your thought process to some extent and help you appreciate life much better.
If you are interested in reading about such learning from other all-time best-selling books, you may click here.
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