10 Takeaways from Naval Ravikant’s Ideology

4. How to get rich (without being lucky)

Some personalities click your mind and heart within no time and then you become their admirer for life.

One such personality is Naval Ravikant. He is an Indian American technology evangelist, venture capitalist, podcaster, and a torchbearer who share ideas related to pursuing wealth and happiness in life.

He was invited to widely acclaimed Joe Rogan’s podcast.

10 takeaways from Naval Ravikant’s ideology

1. Read the same 100 books time and again

He says, “write tweets and read books.” There is no harm in reading the same 100 books again and again.

Make sure you question the ideas, absorb the content, and spend time reasoning it.

2. Don’t overload your brain with too much information

The world is becoming contentious. Don’t get inundated by a lot of information. Rather, pick one over-whelming desire and start working on it.

3. Be life-long learners

Educate yourself all your life. Keep updating and upgrading your beliefs. Makes sure to understand the foundational concepts before hopping over to advanced technologies.

Don’t memorize and question each concept and philosophy.

4. How to get rich (without being lucky)

This is one of the most popular threads by Naval on Twitter.

Naval has thrown some classic concepts on “How to get rich (without being lucky).”

“Seek wealth, not money or status.”

• Acquire assets to generate wealth so that you can sleep peacefully at night. Invest in equity funds, start writing or blogging, create podcasts, or find a source of income that would generate money for you with a one-time investment. Investing your time regularly and getting a monthly salary is money earned whereas status is the place you earn in the social hierarchy.
• Determine your niche, get better in it, and try to redefine it to the point that you become irreplaceable. Be so good in your niche (technical or creative) that no automation could steal it.
• Be accountable for your decisions (good or bad) and take ownership. The blame game wouldn’t help any party to succeed.

5. Material indulgence won’t make you happy

Being poor can make you unhappy but being rich will not make you happy either.

“Peace is happiness at rest; happiness is peace in motion.”

If our mind is peaceful while rest we could be happy performing an activity. Peace can’t be achieved when we try to achieve happiness from external things.

6. Don’t hold prejudices against people

Stop stereotyping people and judging them. The more you do, the more lonely and negative you feel.

“The girl is so fat or the boy is black.”

Come out of your shell and respect cultural differences.

7. Trying to sound smart is a disease

Don’t try and act smart but work towards it.

We often tend to act smart in our youth but age and experience give us wisdom and we acknowledge the fact that the more someone blabbers the more stupid they look.

Realize the power of silence and action speaks louder than words.

8. Meditation is the art of doing nothing

Naval says, “meditation is not going through thoughts but rather letting thoughts go through you.”

It is the art of doing nothing. No tools, mantras, or gurus are required to perform meditation. Just clear your mind, relax your body, and sit in a comfortable position.

“We often say we want peace of mind but what we really want is peace from the mind.”

9. Avoid the victim’s mentality

Don’t crib and make your look like a loser. There are times when we can’t change the system but advocate for our rights. Don’t get trapped in the victim’s mentality.

10. Focus more on consistency rather than content

Consistency is the niche to master a skill. Be consistent in what you pursue and automatically you’ll refine it more and more.

“We have two lives, and the second begins when we realize we only have one.” — Confucius