Naval and Balaji @ Clubhouse

Interesting thing i listened to this week.

On Earning

"Focus on making money first then being happy."

"To make money you need one overwhelming desire."

"if you are really smart you will figure out how to be happy."

"True knowledge comes from doing the work, if you can't embody it is not real."

"To earn you need knowledge and leverage."

"Real happiness is unconditional."

On Earning

"You need specific knowledge, Accountability and Leverage"

"Specific knowledge - knowing how to do things other don't and can't be taught, built up through being a genuine intellectual curiosity. Cultivate your intellectual obsessions. It looks like work to others but it feels like play to you.

Accountability - Stamp your name on it and on everything e.g Kanye, Trump, Elon Musk Oprah etc

Leverage - Labor (shittiest form of leverage), Capital, Product/Media

Labor and capital require permission, Product/Media is permissionless, for example, code, books, blogs, etc

"If you don't own a business it is hard to become rich own equity (a piece of a business)"

"Assets that earn while you sleep."

Do it or don't do it!

"Don't break your word to yourself. When you are serious you just do it. Just figure what you are serious about."

"Most problems we encounter is because we are not honest with ourselves."

Religion

"We need religion but we keep running away from it."

Relationships

"Deep down we do things for ourselves"

"Be honest with yourself."

"Be committed to honesty."

"Cultivate self-awareness from solitude. There are just too many voices in our heads."

Solitude: long walks, meditation etc

"Be vulnerable to yourself, challenge your own ideas."

ps: Most stuff in here is aspirational

Back to code! ✊🏾