Wealth, philosophy, leverage
Students often ask
“Permissionless Path”
One of Naval’s rules of thumb
Do not trade time for money; use replicable systems to earn money.
Your greatest competitive advantage is work that feels like play to you.
Every desire is a contract you make with yourself to be unhappy until you get what you want.
Redefine key terms to change the conclusion of a problem.
Do not fix individual cases; reconstruct the system that causes the problem.
Permissionless Path
Choose opportunities that do not require approval from authorities.
Calendar Test
If your calendar is filled by others, you are not truly wealthy.
Indecision Equals No
If you can't decide, the answer is no.
Manual Test
If a job can be written as a manual, it will eventually be automated.
Partisan Test
If all your views align with a group, you are imitating, not thinking.
Desire Audit
When anxious, audit your desires instead of chasing goals.
Trauma Transformation Principle
Turn personal injustice or setbacks into systemic solutions.
Behavior First Principle
Evaluate people by their actions under pressure, not their words.
Avoid gaining reputation by attacking others.
If all your views belong to one party, you are not thinking independently.
Avoid earning through licenses or monopolies instead of creating value.
Avoid long-term work that can be written as a standard operating procedure.
Pursue only one important goal at a time.
Naval Ravikant is an entrepreneur and angel investor, known for co-founding AngelList. He is recognized for his philosophical insights on wealth, happiness, and decision-making, often shared through his writings and podcasts.