Naval Ravikant the Founder of AngelList

The entrepreneur of the day is Naval Ravikant. He is the founder of AngelList and is an early stage investor in many startups. His net worth is estimated at $20 to $60 million dollars.

Below are top Naval Ravikant quotes.

1. Desire is a contract that you make with yourself to be unhappy until you get what you want.

2. Knowledge is a skyscraper. You can take a shortcut with a fragile foundation of memorization, or build slowly upon a steel frame of understanding.

3. In any situation in life, you only have three options. You always have three options. You can change it, you can accept it, or you can leave it. What is not a good option is to sit around wishing you would change it but not changing it, wishing you would leave it but not leaving it, and not accepting it. It’s that struggle, that aversion, that is responsible for most of our misery. The phrase that I probably use the most to myself in my head is just one word: accept.

4. You make your own luck if you stay at it long enough.

5. Specialisation is for insects. I don’t believe in this model of trying to focus your life down one thing. You’ve got one life just do everything you want.

6. A rational person can find peace by cultivating indifference to things outside their control.

7. So, if you’re willing to bleed a little bit every day but in exchange you’ll win big later, you will do better. That is, by the way, entrepreneurship. Entrepreneurs bleed every day. They’re not making money, they’re losing money, they’re constantly stressed out, all the responsibility is upon them, but when they win they win big.

8. To the experts, what looks like hard work from the outside, is play from the inside.

9. Wealth is assets that earn while you sleep.

10. The smarter you get, the slower you read.

11. Getting rich is about knowing what to do, who to do it with, and when to do it. It is much more about understanding than purely hard work. Yes, hard work matters, and you can’t skimp on it. But it has to be directed in the right way. If you don’t know yet what you should work on, the most important thing is to figure it out. You should not grind at a lot of hard work until you figure out what you should be working on.

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