Smart Friends

Topics:

(00:00:00) - Intro

(00:03:52) - The Gardener of Systems

(00:07:43) - Builders vs. Gardeners

(00:11:09) - Who are the best farmers of miracles?

(00:16:52) - How did you become a “systems” person?

(00:23:45) - What does Systems Thinking look like for you?

(00:53:09) - Alex’s Slime Mold deck

(00:55:12) - The iterative, adjacent possible

(00:59:53) - Alex’s experience at Google

(01:03:12) - AI uses and potentials

(01:17:54) - Book recommendations

Links:

Alex’s website

Alex on X

Alex on LinkedIn

Emergence by Steven Johnson

The Systems Bible by John Gall

The Origin of Wealth by Eric Beinhocker

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Alex Komoroske:

"I think that to really wrestle with systems you have to let go and just dance with the system."

— Alex Komoroske

"I like the word gardening because it underlines that you are not in control of this system. You are influencing it."

— Alex Komoroske

"The builder gets immediately to work, but the gardener understands that other things can be alive."

— Alex Komoroske

"Technology should be about helping people create and use hand-tuned tools to extend their agency in collaborative ways."

— Alex Komoroske

"If people who are very unlike each other all find it interesting or intriguing, that's a good sign that it will spread out to be a very large audience."

— Alex Komoroske

Topics:

(00:00:00) - Intro

(00:04:43) - Russian interpretations of friendship

(00:09:28) - Thoughts on the state of society and its rate of technological adoption

(00:13:22) - Creating alliances between entrepreneurs, capitalists, and scientists

(00:17:17) - Rick Rubin on Creativity in Investing

(00:20:55) - Does Taste exist in the world of VC?

(00:26:06) - Becoming a better Communicator

(00:40:59) - What archetypes do you see in the folks you work with?

(00:44:18) - Arkady’s background and career

(01:00:34) - Arkady’s thesis and technical due diligence for rpv

(01:11:26) - Companies Arkady is excited about

(01:16:55) - What important problems are you not seeing pursued?

(01:21:11) - How can people get in touch with you?

Links:

Arkady on LinkedIn

Rpv Venture Fund

Specialist by Robert Sheckley

The Creative Act by Rick Rubin

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Arkady Kulik:

"Good communication is essential to avoid conflicts and build better relationships, both personally and professionally."

— Arkady Kulik

"Aligning visions with founders is critical. It’s not just about the business, it’s about shared values and missions."

— Arkady Kulik

"The alliance between entrepreneurs and scientists is the key to unlocking humanity's transition to an advanced civilization."

— Arkady Kulik

"Technology is the only source of never-ending growth. Our ability to reshape what we have with a small amount of resources into something fantastic is a never-ending source of creativity."

— Arkady Kulik

"People who are not true to themselves and lie to themselves are not founder material. The people who don’t lie to themselves and know what they are trying to do are the ones who can actually get there."

— Arkady Kulik

Topics:

(00:00:00) - Intro

(00:05:10) - The decision to live in Idaho

(00:08:21) - Nathan’s flying hobby

(00:15:09) - Building Flywheels

(00:46:07) - Incentive compensation and giving people ownership

(01:06:39) - Inflection points in building ConverKit

(01:14:16) - How to work on a ton of things

(01:23:15) - What are the rules of thumb you use the most in life?

Links:

Nathan Barry on X

ConvertKit

Nathan’s website

Elon Musk by Walter Isaacson

Good to Great by Jim Collins

Small Giants by Bo Burlingham

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Nathan Barry on building audience, wealth, and startups:

"If I look back at all the good things that have happened in my career in the last 3 years, they all come from writing. One little habit of writing 1,000 words a day revolutionized my career."

— Nathan Barry

"ATTENTION IS THE MOST VALUABLE RESOURCE"

— Nathan Barry

"When you start writing you don’t have to worry about crafting perfect prose. Instead you just need to focus on teaching useful skills."

— Nathan Barry

Making money is a skill—like playing the drums or piano—that you can get better at over time. 

I wouldn’t expect to be able to sit down at a piano for the first time and play a concerto. The same is true for making money. 

This is why most first companies fail.

— Nathan Barry, Ladders of Wealth Creation

Links:

Join us in Rolling Fun!

Hear our other Rolling Fun eps!

Rolling Fun GPs:

Al Doan - Founder of Creativity Inc., a $100m+ collection of e-commerce brands. Founder of Pretzel. BS from BYU Hawaii, OPM at HBS. Makes one hell of a peach cobbler. (Twitter, LinkedIn)

Bo Fishback - Founder of Lightspeed Genomics (acq 2008), Orbis Biosciences (acq 2020), Zaarly (acq 2020). BS in Biomedical Engineering from SMU, MBA at HBS. Once drank a whole gallon of milk in an hour. (Twitter, LinkedIn)

Eric Jorgenson - CEO at Scribe Media. Author of Almanack of Naval Ravikant. Has a podcast. Barely graduated from a state school. Received a cease & desist from Craigslist for some frowned-upon marketing techniques. (Twitter, LinkedIn)

Topics:

(00:00:00) - Intro

(00:02:49) - Showing love for new LPs

(00:10:25) - Q1 New Investment: Dirac

(00:16:23) - Q1 New Investment: Reactiv

(00:26:53) - Q1 New Investment: Longshot

(00:34:44) - How Founders can find lead investors

(00:52:05) - Stell Engineering raised a Seed round! 

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

Wealth is having assets that earn while you sleep. - Naval Ravikant

Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:

“Give me a lever long enough and a place to stand, and I will move the earth.” 

—Archimedes 

To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant

If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant

Leverage is a force multiplier for your judgment. - Naval Ravikant

Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant

Important Quotes from the podcast on Business and Entrepreneurship

There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant

You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.

Links:

Join us in Rolling Fun!

Hear our other Rolling Fun eps!

Rolling Fun GPs:

Al Doan - Founder of Creativity Inc., a $100m+ collection of e-commerce brands. Founder of Pretzel. BS from BYU Hawaii, OPM at HBS. Makes one hell of a peach cobbler. (Twitter, LinkedIn)

Bo Fishback - Founder of Lightspeed Genomics (acq 2008), Orbis Biosciences (acq 2020), Zaarly (acq 2020). BS in Biomedical Engineering from SMU, MBA at HBS. Completed the ‘impossible’ Gallon Challenge, drinking a whole gallon of milk in an hour. (Twitter, LinkedIn)

Eric Jorgenson - Founding team of Zaarly. Author of Almanack of Naval Ravikant. Has a podcast. Barely graduated from a state school. Received a cease & desist from Craigslist for some frowned-upon marketing techniques. (Twitter, LinkedIn)

Topics:

(00:00:00) - Intro

(00:00:06) - Warming up the vocals/ catching up

(00:09:14) - Q4 Catch-up and new deal flow

(00:15:16) - Portola

(00:41:40) - Atomic Industries 

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

Wealth is having assets that earn while you sleep. - Naval Ravikant

Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:

“Give me a lever long enough and a place to stand, and I will move the earth.” 

—Archimedes 

To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant

If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant

Leverage is a force multiplier for your judgment. - Naval Ravikant

Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant

Important Quotes from the podcast on Business and Entrepreneurship

There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant

You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.

Links:

Atom Limbs

Waitlist

Crowdfunding Round - Wefunder

Tyler on X

Topics:

(00:00:00) - Intro

(00:02:19) - Inside building Atom Limbs  

(00:18:37) - The process of researching what knowledge was needed to build this company

(00:27:26) - Feedback loops in prosthetics

(00:29:23) - Where is Atom Limbs today?

(00:40:48) - Wild, irresponsible speculation: Where do you hope this company will be in 50 years?

(00:48:30) - Are there ways for these prosthetics to extend lifespan?

(00:52:21) - What’s the price point you’re speculating for a prosthetic?

(00:55:32) - How do you see the next 18 months playing out?

(01:03:16) - How can people support you?

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

Wealth is having assets that earn while you sleep. - Naval Ravikant

Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:

“Give me a lever long enough and a place to stand, and I will move the earth.” 

—Archimedes 

To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant

If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant

Leverage is a force multiplier for your judgment. - Naval Ravikant

Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant

Important Quotes from the podcast on Business and Entrepreneurship

There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant

You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.

Links:

Garrett Scott on X

Pipedream Labs

Topics:

(00:00:00) - Intro

(00:03:00) - Pipedream

(00:08:33) - What’s the existing infrastructure for this product?

(00:12:55) - Finding geographical partners

(00:14:52) - Hyperlogistics, regulations, and long-tail e-commerce

(00:30:35) - What are the toughest technical problems?

(00:34:32) - The ability to master multiple disciplines

(00:37:18) - The challenge of implementation

(00:42:20) - Finding partnerships and building trust

(00:47:46) - How did you become the person who’s pursuing this?

(00:52:30) - The first 18 months of ideating Pipedream

(00:56:47) - What’s the 50-year projection for hyperlogistics?

(01:01:31) - How can people be helpful to the mission

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

Wealth is having assets that earn while you sleep. - Naval Ravikant

Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:

“Give me a lever long enough and a place to stand, and I will move the earth.” 

—Archimedes 

To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant

If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant

Leverage is a force multiplier for your judgment. - Naval Ravikant

Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant

Important Quotes from the podcast on Business and Entrepreneurship

There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant

You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start. 

Links:

Join us in Rolling Fun!

Hear our other Rolling Fun eps!

Ouros

AltHQ

Zencastr

Atom Limbs

General Fabrication Company

Topics:

(00:00:00) - Intro

(00:02:57) - Dear Listener

(00:09:44) - Eric’s life as a CEO & Scribe

(00:17:14) – Rolling Fun Q2 Investments

(00:30:21) - Rolling Fun Q3 Investments

(00:41:26) - Lessons from playing basketball with Mr. Beast for 3 days

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners! 

Links:

David Senra on X

Mitchell on X

Founders Podcast

Better Bookkeeping

Mentioned on the episode:

Fiftyyears.com

Foundersonly.com

Poor Charlie’s Almanac

Liar’s Poker

Atomic Habits

The Pathless Path

Morgan Housel books

Tren Griffin Blog - 25iq

Brent Beshore on meeting Charlie Munger

Who is Michael Ovitz?

Powerhouse by James Andrew Miller

The Eternal Pursuit of Unhappiness 

Blake Robbins on Twitter

Topics:

(00:00:00) - Intro

(00:03:53) - David - Product launching machine & the power of building relationships

(00:24:18) - Thoughts on Podcast advertising 

(00:31:35) - Book Publishing

(00:38:27) - Eric’s new life as a CEO

(00:59:23) - The permissionless adding of value

(01:13:08) - The Power of Podcasting 

(01:17:04) - Updates on the Baldridge Empire

(01:34:19) - Reflecting on Main St. Summit

(01:56:57) - Book recommendations

(02:08:24) - Hire a paid critic

(02:22:30) - Wrap up

To support the costs of producing this podcast: 

>> Buy a copy of the Navalmanack: www.navalmanack.com/ 

>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners!

Links for Matt’s stuff:

Aalo.com

Matt on Twitter

Aalo on Twitter

Aalo Job Board

Link to invest alongside Eric in deals like Aalo: rolling.fun

Links to stuff mentioned:

Decouple Podcast

Titans of Nuclear Podcast

Nuclear Barbarian Substack

Atomic Awakening by James Mahaffey

Why Nuclear Power Has Been a Flop by Jack Devanney

Topics:

(00:03:08) How the popular opinion of nuclear has changed from the 1950’s

(00:15:16) The regulation issues surrounding nuclear

(00:17:20) Water-based nuclear reactors vs. advanced nuclear reactors

(00:19:40) Matt’s journey into nuclear energy

(00:34:42) Aalo’s strategy

(00:41:12) What is the TAM for this nuclear microreactors?

(00:45:53) The manufacturing process for a nuclear plant

(00:48:51) The nuclear supply chain

(00:50:01) The change in public opinion on nuclear energy

(00:55:56) Support for nuclear energy in the VC world

(01:01:12) Recommendations for learning more about the sustainable energy industry

(01:03:30) What do you look for when hiring?

To support this podcast:

>> Join the free weekly email list at ejorgenson.com/newsletter

>> Buy a copy of the Navalmanak: www.navalmanack.com/

>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun

>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage

>> Text the podcast to a friend

>> Or at least give the podcast a positive review to help us reach new listeners!

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

Wealth is having assets that earn while you sleep. - Naval Ravikant

Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:

“Give me a lever long enough and a place to stand, and I will move the earth.” 

—Archimedes 

To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant

If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant

Leverage is a force multiplier for your judgment. - Naval Ravikant

Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant

Important Quotes from the podcast on Business and Entrepreneurship

There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant

You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.