Set and enforce an aspirational hourly rate.
If fixing a problem will save less than your rate, ignore it.
If outsourcing a task will cost less th… - Naval Ravikant
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Set and enforce an aspirational hourly rate.
If fixing a problem will save less than your rate, ignore it.
If outsourcing a task will cost less than your rate, outsource it.
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About
Naval Ravikant
Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer.
Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.
Simple heuristic: If you’re evenly split on a difficult decision, take the path more painful in the short term.
I don’t care how rich you are. I don’t care whether you’re a top Wall Street banker. If somebody has to tell you when to be at work, what to wear and how to behave, you’re not a free person. You’re not actually rich.
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The really smart thinkers are clear thinkers. They understand the basics at a very, very fundamental level. I would rather understand the basics really well than memorize all kinds of complicated concepts I can’t stitch together and can’t rederive from the basics. If you can’t rederive concepts from the basics as you need them, you’re lost. You’re just memorizing. [4]
