The Podcast App
Naval on wealth, investing, startups, tech and life. Founder of AngelList, investor in Uber and hundreds more, author of Venture Hacks and Startupboy.
Matt Ridley: How Innovation...
Innovation is the parent of prosperity
Innovation is the child of freedom
A preview of our other podcast
Discovering the truth can change you where self-improvement fails
Even smart people go along with society’s lies
Wise people are quiet.
Peace is happiness at rest. Transcript: http://nav.al/peace-motion
The mind should be a servant, not a master
Addiction holds together artificial relationships and fake activities
Pursuing pleasure for its own sake creates addiction
Happy people make better decisions
A peaceful mind makes better decisions
You can increase your happiness without losing your drive
Happiness is returning to a state where nothing is missing
You’re not stuck at your current level of happiness
Happiness is more like poetry than algorithms
It's easier to fulfill your material desires than to renounce them
This podcast is a practical philosophy of health, wealth and happiness
Every interview on “How to Get Rich”
Externalities let you account for the true cost of products by including hidden costs like environmental damage.
What future income is worth today by applying a discount to its future value.
A lot of people are willing to pay more than what companies charge.
Charge people for extras based on their propensity to pay.
Life gets a lot easier when you know someone’s got your back.
Improve your leverage in negotiations by turning short-term relationships into long-term ones.
People who can’t communicate can cooperate by anticipating the other person’s actions.
Don't ruin your reputation or get wiped to zero.
If you think and act like an owner, it’s only a matter of time until you become an owner.
Envy can give you a powerful boost, or it can eat you alive if you let it follow you.
If you cut fair deals, you will get paid in the long run.
The goal is that we are eventually wealthy and working for ourselves.
Misunderstanding accountability, and other mistakes on the path to creating wealth.
Figure out what you're uniquely good at and apply as much leverage as possible.
Get rich quick schemes are just someone else getting rich off you.
When you're finally wealthy, you'll realize it wasn't what you were seeking in the first place.
Most advice is people giving you their winning lottery ticket numbers.
Apply specific knowledge with leverage and eventually you will get what you deserve.
Competition will blind you to greater games. You're one step away from a better market.
Competition can make you play the wrong game. No one can compete with you on being you.
Become the best in the world at what you do. Keep redefining what you do until this is true.
You should be too busy to “do coffee”, while still keeping an uncluttered calendar.
Work as hard as you can. Even though what you work on and who you work with are more important.
If outsourcing a task will cost less than your hourly rate, outsource it.
Everything we've discussed so far has been setting you up to apply judgment.
The continuum from laborer to real estate tech company goes from low to high specific knowledge, accountability and leverage.
Ideally, you should pick a business model with network effects, low marginal costs and scale economies.
Labor and capital are limited to the people who control those resources. But products reach global markets.
Product and media are the leverage of new wealth. Create software and media that work for you while you sleep.