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.
Get comfortable disappointing people whose expectations will eat your life up, one hour at a time.
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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.
I think every human should aspire to being knowledgeable about certain things and being paid for our unique knowledge. We have as much leverage as is possible in our business, whether it’s through robots or computers or what have you. Then, we can be masters of our own time because we are just being tracked on outputs and not inputs.