Naval | Why and How to Escape the 9 to 5 Trap (The Full Guide)

Naval | Why and How to Escape the 9 to 5 Trap (The Full Guide)

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Picking Nuggets
2 Video Views·Jul 22, 2023

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✅ Naval Ravikant
Naval is an entrepreneur and angel investor, a co-author of Venture Hacks, and a co-maintainer of AngelList.

👉 Naval Ravikant

📲 How to Get Rich (podcast)
https://www.youtube.com/watch?v=1-TZqOsVCNM&t=859s&ab_channel=Naval

📚 Books
📖 The Almanack of Naval Ravikant, by Eric Jorgenson.
► Free - https://www.navalmanack.com/
► Amazon Store (affiliate Link - No Extra Charge) - https://amzn.to/3qNAKBc


⚛︎ ⚛︎ Source ⚛︎ ⚛︎
https://www.youtube.com/watch?v=3qHkcs3kG44&t=3983s&ab_channel=PowerfulJRE


📚📚📚 The 8 Books to Learn Business & Investing (List made by SuperInvestor Mohnish Pabrai) 📚📚📚📚📚

📖 The 1957 – 1970 Buffett Partnership Letters
► Free - http://csinvesting.org/wp-content/uploads/2012/05/complete_buffett_partnership_letters-1957-70_in-sections.pdf

📖 The Berkshire Hathaway Shareholder Letters
► Free - https://www.berkshirehathaway.com/letters/letters.html
► Amazon Store (affiliate Link - No Extra Charge) - https://amzn.to/3ESbfSU

📖 Buffett: The Making of an American Capitalist, by Roger Lowenstein.
► Amazon Store (affiliate link - No Extra Charge) - https://amzn.to/3mRiWCN

📖 The Snowball: Warren Buffett and the Business of Life, by Alice Schroeder.
► Amazon Store (affiliate link - No Extra Charge) - https://amzn.to/2Ynf0Ad

📖 Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger, Expanded.
► Amazon Store (affiliate link - No Extra Charge) - https://amzn.to/3kxgrEj

📖 The Dhandho Investor: The Low-Risk Value Method to High Returns, by Mohnish Pabrai.
► Amazon Store (affiliate link - No Extra Charge) - https://amzn.to/3GWLgvz

📖 How to Get Rich: One of the World’s Greatest Entrepreneurs Shares His Secrets, by Felix Dennis. ► Amazon Store (affiliate link - No Extra Charge) - https://amzn.to/3bPg4jE

📖 The Origin and Evolution of New Businesses, by Amar Bhide.
► Amazon Store (affiliate link - No Extra Charge) - https://amzn.to/3EQseF9



✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎ Notes ✎ ✎ ✎ ✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎

- Humans tend to see the world as Linear.
• (n hours of Work == n hours of Output)

- The real world is Non-linear.
• Outputs are non-linear (vs. the work put in)

-Thus...

• What you do / Who you do it with / How you do it == Quality is way more important than Hard Work

- Important (but not critical) factors:
• Hard Work

- How to Work
• Similar to a hunter
• Similar to an Athlete
• * Train hard
**Sprint
** Rest
** Asses Feedback
** Repeat


- Principles for Wealth Creation
• Own a piece of a business
• freedom is the real measure of wealth
• start working for you
• * This is being increasingly easier to do...
*** IT --- Reduces costs of transactions --- Reduces employee size of Companies & Impulses the Gig Economy --- This gets you closer on being free on how to work, be more productive, happy, ...

✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎ ✎ ✎ ✎ ✎ ✎ ✎✎ ✎ ✎✎ ✎ ✎✎✎✎✎✎✎


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