I like this point also: - When you are meeting people and hoping to get that lucky break, you are relying on type 1 luck which is blind luck, and type 2 luck which is hustle luck. What you’re not getting is the type 3 and type 4 luck, which are tee better kinds, where you spend time developing a reputation, working on something, developing a unique point a view, and being able to spot opportunities others can’t. A busy calendar and a busy mind will destroy your ability to do great things in this world. If you want to be able to do great things, whether you’re a musician or an entrepreneur, you need free time and you need a free mind.
"A busy calendar and a busy mind will destroy your ability to do great things" is definitely one of the most valuable counter culture insights I have found. Richard Koch (80/20 guy) has been preaching this for decades and I obviously benefit from having both of you to learn from.
My key takeaways: - It is whatever the highest impact that needs to be done at that time, and what I'm feeling most inspired of at that time. - Constantly, ruthlessly decline meetings. You have to ruthlessly cut meetings out of your life. - If someone wants to do a meeting, see if you can do a phone call instead. - if they can do it with a phone call, see if they can do it with an email instead. - Therefore, one has to be ruthless about dodging meetings. If you must do meetings, - keep them short, keep them actionable, keep them small. - Any meeting with eight people and sitting in a conference table, nothing is getting done in that meeting. You're literally just dying one hour at a time. - I don't do non-transactional meetings. I don't do meetings without a strict agenda. I don't do meetings unless we absolutely have to. - When you are asking for a meeting, you have to be super actionable about it. - When you have something important or something valuable. You will be super actionable with your time. - Product progress is the resume for the entrepreneur. It’s the unshakeable, unfakeable resume. You have to have proof of work.
I went to the library yesterday. First person asks me to have lunch. No. Second person asks to have coffee. No. Third person ask to play ping pong in a break. Yes, I love pingpong. Great game with high intensity. Fourth person asks to do something in the evening. No. Instead I watched Naval on the Joe Rogan podcast. Couldn't have invested my time in a better way.
@@911scimitar yeah, there's a careful balance here, but people always take things to the extreme. It's not about seeing how many invitations you can decline like you're earning points for a video game. You have to socialize and value people around you too or all this productivity will end up meaning zero because you're alone with poor or no relationships all around you
I see where he’s coming from but personally I disagree. I had people take the time out for me when I was starting and it helped me out a lot. I return the favor for people that are vouched for when I can.
I dig Naval but hes literally quoting Tim Ferris here.. Maybe Tim borrowed it too.. but come on genius billionaires, give credit n reference to creative pieces of rhetoric.
They are quotes... And Tim Ferris has spoken with hundreds of millionaires, i dont think that you can Invent a quote without influence, you are losing the point of what is important
Naval is just an egomaniac who thinks he is a philosopher, Just because he rode the tech boom doesn't mean he is a super intelligent guy. I think he is more like a talker who convinces other people to do work for him and take credit.
I like this point also:
- When you are meeting people and hoping to get that lucky break, you are relying on type 1 luck which is blind luck, and type 2 luck which is hustle luck. What you’re not getting is the type 3 and type 4 luck, which are tee better kinds, where you spend time developing a reputation, working on something, developing a unique point a view, and being able to spot opportunities others can’t. A busy calendar and a busy mind will destroy your ability to do great things in this world. If you want to be able to do great things, whether you’re a musician or an entrepreneur, you need free time and you need a free mind.
"A busy calendar and a busy mind will destroy your ability to do great things" is definitely one of the most valuable counter culture insights I have found.
Richard Koch (80/20 guy) has been preaching this for decades and I obviously benefit from having both of you to learn from.
My key takeaways:
- It is whatever the highest impact that needs to be done at that time, and what I'm feeling most inspired of at that time.
- Constantly, ruthlessly decline meetings. You have to ruthlessly cut meetings out of your life.
- If someone wants to do a meeting, see if you can do a phone call instead.
- if they can do it with a phone call, see if they can do it with an email instead.
- Therefore, one has to be ruthless about dodging meetings. If you must do meetings,
- keep them short, keep them actionable, keep them small.
- Any meeting with eight people and sitting in a conference table, nothing is getting done in that meeting. You're literally just dying one hour at a time.
- I don't do non-transactional meetings. I don't do meetings without a strict agenda. I don't do meetings unless we absolutely have to.
- When you are asking for a meeting, you have to be super actionable about it.
- When you have something important or something valuable. You will be super actionable with your time.
- Product progress is the resume for the entrepreneur. It’s the unshakeable, unfakeable resume. You have to have proof of work.
Naval you are a genius and your wisdom is like a gold mine but open to everyone! :)
GOLDEN advice!
I went to the library yesterday. First person asks me to have lunch. No. Second person asks to have coffee. No. Third person ask to play ping pong in a break. Yes, I love pingpong. Great game with high intensity. Fourth person asks to do something in the evening. No. Instead I watched Naval on the Joe Rogan podcast. Couldn't have invested my time in a better way.
Beautiful
And then you came here and wasted 5 mins by bragging in comments on how good you're at time management 🤡
That's stupid, wasting life
@@911scimitar yeah, there's a careful balance here, but people always take things to the extreme. It's not about seeing how many invitations you can decline like you're earning points for a video game. You have to socialize and value people around you too or all this productivity will end up meaning zero because you're alone with poor or no relationships all around you
Thinking of the 2 stages as exploring and exploiting is very smart, i think. I would like to hear more about it
Focus on one thing. 🤙🏽
You can focus on as many things as long you are not busy.
My favorite super power is saying no! Call me SuperNoman.
This notes should be in academic curriculum
It depends on the industry you are in!
Sooo, take a lot of meetings in order to build a network so that you don't have to take meetings. Got it :D
Well said. Good things n creativity comes from the free mind👍
Indispensible advice
Hey Naval , You said to do great things you have to make free time and free mind , Many people can make free time but how about free mind?
I see where he’s coming from but personally I disagree. I had people take the time out for me when I was starting and it helped me out a lot. I return the favor for people that are vouched for when I can.
i wont sit and drink coffee again
I dig Naval but hes literally quoting Tim Ferris here..
Maybe Tim borrowed it too.. but come on genius billionaires, give credit n reference to creative pieces of rhetoric.
They are quotes... And Tim Ferris has spoken with hundreds of millionaires, i dont think that you can Invent a quote without influence, you are losing the point of what is important
First!
Naval is just an egomaniac who thinks he is a philosopher, Just because he rode the tech boom doesn't mean he is a super intelligent guy. I think he is more like a talker who convinces other people to do work for him and take credit.
.