Naval Ravikant - The Person I Call Most for Startup Advice | The Tim Ferriss Show (Podcast)

[@timferriss]

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[@AdilKhan-tt2pe]

Time stamp: On the intensity of Naval Ravikant [6:55] On uncompromising honesty [16:54] How AngelList and Venture Hacks came to be [20:09] What Naval looks for when deciding to invest in a founder [25:24] Common “wives tales” in venture capital [32:39] What books, outside the startup world, have most improved Naval’s ability to invest? [36:54] Greatest investing hits and misses [51:49] When you think of the successful people, who is the first that comes to mind? [58:19] Meditative practices [1:00:58] How to replace bad habits with good habits [1:07:06] On setting stakes and awards [1:24:49] How to treat your life like a movie [1:34:44] Overused words and phrases [1:39:39] Early life education and the importance of “loving to read” [1:43:19] Advice for his younger self [1:51:09] Describing the first 60 minutes of each day [1:52:40] If you could have one billboard anywhere, where would it be and what would it say? [2:04:19]

[@dbsk06]

Adil Khan thank youuuuuu

[@Mimlebimle]

"Describing the first 60 minutes of each day" is actually at 1:54:40. Must've been a typo.

[@Pks5821]

Thanks man.

[@ayutrehan5412]

thanks mannnnnnn

[@adigandhi7822]

thanks adil keep doing more

[@TheHouseOfRonin]

Here from the Rogan podcast. This guy is incredible.

[@orangemancometh]

@fifth avenue, understood. Though I appreciate Rogan not sniffling every 30 seconds.

[@23DELKing]

Totally agree!

[@goranmusinovic1350]

Same here!

[@slikasrick]

Me too

[@Pk-pe7zc]

Paul Nevarez me too

[@susannnico]

The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

[@lailaalfaddil7389]

That's so true. but if i may ask, do you trade all by yourself?

[@GeoffreyProfessional]

Naval Ravikant Quotes from the Episode: 1. “Any day in which I solve the same problem twice in a row, I’m pretty unhappy.” 2. “I’d like to do something different everything. I think all humans are meant to do that kind of thing.” 3. “The idea that we repeat ourselves and we specialize and pigeonhole ourselves is a modern invention created through the specialization of labour in the Industrial Revolution” 4. “A lot of happiness is just being present” 5. “To live in the present moment is the highest calling. It is the source of all happiness.” 6. “I think at the end of the day we are all founders. We are all meant to work for ourselves. We are meant to be individuals. We are not meant to follow. We are not meant to be in hierarchies. We are not meant out to go on a 9 to 5 job where we’re told what to do over and over. And the sooner we get off the grid and self actualize and become free, the better off all of humanity is.” 7. “My favourite founders are actually the ones I learn from” 8. “The hardest thing in this business (investing) is that great new companies always look really strange. They don’t look very much like the previous companies. You can get very easily trapped into believing that there is a certain way of doing things and then you find huge exceptions down the road which will cost you dearly.” 9. “As an investor, if you have a failed investment in one space the worst thing you can do is write off that space and not make an investment again.” 10. “There are lots and lots of Venture Capitalists who miss out on the great companies because they are looking for the perfect deal and there is no such thing.” 11. “The older the problem, the older the solution.” 12. “Guard your time more carefully than you guard your money” (Naval on the mistake to watch out for as an Early Stage Investor) 13. “If you want to be successful, surround yourself with people who are more successful than you are, but if you want to be happy, surround yourself with people who are less successful than you are.” 14. “If you stop talking to yourself/obsessing over your own story for even ten minutes you’ll realize that we’re really far up Maslow’s hierarchy of needs and that life is pretty good” 15. “Knowing how little you matter is actually, I would argue, very important for your own mental health and your own happiness.” 16. “We spend most of our waking lives dreaming. We think we are awake but are walking around talking to ourselves.” 17. “If you can learn to like to read, you never need to go to school.” 18. “The great thing about reading is you can use that to pick up any new skill” 19. “Be yourself. Don’t listen to other people. Don’t worry about what other people need or want or think or expect from you.” (Advice Naval would give his Younger Self) 20. “Desire is a contract that you make with yourself to be unhappy until you get what you want” 21. “The reality is you don’t need to find me. We all need to find ourselves.” (Side Quote by Naval on Tim’s question on where people can find Naval on the Internet) More Quotes and Key Takeaways on Motivation Castle :)

[@SanthanamSridharan]

Thank you so much !

[@tottibrotta4247]

THANK YOU! 🙏🏼

[@physiosystems519]

Fantastic summary. Thank you

[@cianoflynn8120]

Thanks a lot, that was really useful!

[@coopebe10]

fyi... I added your list of greatest Naval quotes from the episode list to a post I made on the "Book" Hats off to you, and thanks for doing the legwork for me to show just HOW BRILLIANT Naval is!! ty again Geoffrey Ashok

[@Anmeldn]

it starts at 05:50

[@acles7937]

thanks

[@deepankdevate2183]

😘

[@stevekeen4879]

real MVP

[@thisisajaym]

Ohhh thank you my man!

[@benny9680]

thank you!

[@subtleb9689]

Great podcast! Thank you so much! Here is the list of books they mentioned during the podcast. I think I wrote down most of them: 1. Sapiens: A Brief History of Humankind 2. Rational optimist 3. Poor charlie's almanack 4. Book of Life by Krishnamurti 5. Meditation by Marcus Aurelius 6. Ilusions by Richard Bach 7. Origins of virtue 8. Snowcrash 9. Siddhartha 10. The name of the wind 11. The lies of Locke Lamora 12. Zorba the greek 13. The secret life of salvador dalí 14. Surely you are joking Mr Feynman 15. Why do you care what others think Feynman

[@capper3360]

Show notes can be found here (mentioned in the description) tim.blog/2015/08/18/the-evolutionary-angel-naval-ravikant/

[@subtleb9689]

@@capper3360 thank you!

[@ElishaLong]

My eyes popped out of my head when I saw "the lies of Locke lamora and The Name of the Wind. These are two of the best fantasy books I've read, I'm surprised they are here

[@kileerr1533]

You the MVP

[@mikhailfranco]

Sapiens is hugely overrated, especially following "Guns, Germs and Steel" by a different author - can you spell playjeereyes? He needs an editor with a sharper sword, and should drop the achingly virtue-signalling progressive politics towards the end of the book. Everything else is pretty good. Everything by Matt Ridley, for sure. Everything by Feynman if you can suffer the ego. Almost everything by Hermann Hesse, but be prepared for the powerful aesthetic of verbose dullness, until you get the critical point. In _'The Glass Bead Game'_ - with a nod to Kafka - you realize (there are no) or (you are not meant to know) the rules of the game of life; and in _'Steppenwolf'_ you finally have a startling self-recognition that the author has written you, the reader, into his book.

[@glendaeast9362]

I stopped cigarettes 3 weeks ago . Needed to share that . I faced reality . Now to the best rest of my life . I'm 52, I'm not limber or flexible , I eat to much junk . I conquered the worst evil. This guy is helping me to understand what I have been lacking for knowledge

[@tanmayasahu5171]

Great start to a better life

[@Darsshnn]

Very good 😊

[@adammusgrove3689]

Happy for you

[@rosh70]

I'm 51, completing my Bachelors and also working on my 1st startup idea and getting ready to pitch to investors by next year, March. Also, I quit cigarettes. It's never late. Happy for you.

[@mactireliath2356]

The literal second I was getting ready to Google orthogonal, Ferris asked him what it meant. I love little shit like that. Stellar

[@BhupinderNayyar]

On the intensity of Naval Ravikant [6:55] On uncompromising honesty [16:54] How AngelList and Venture Hacks came to be [20:09] What Naval looks for when deciding to invest in a founder [25:24] Common “wives tales” in venture capital [32:39] What books, outside the startup world, have most improved Naval’s ability to invest? [36:54] Greatest investing hits and misses [51:49] When you think of the successful people, who is the first that comes to mind? [58:19] Meditative practices [1:00:58] How to replace bad habits with good habits [1:07:06] On setting stakes and awards [1:24:49] How to treat your life like a movie [1:34:44] Overused words and phrases [1:39:39] Early life education and the importance of “loving to read” [1:43:19] Advice for his younger self [1:51:09] Describing the first 60 minutes of each day [1:52:40] If you could have one billboard anywhere, where would it be and what would it say? [2:04:19] Thanks Tim!

[@itsmylife8639]

Tim - Thanks for inviting Naval. Naval literally knows the working principle of the universe, a very wise man.

[@manikdesign]

I’m driving a bus in London with this on my earphones. I had a great day at work today learnt so much. I get paid £18 hour to listen to this podcast how great is my job. I read sapians 2 years ago, just make sure you can handle the truth in this book, because some of it is really disturbing!

[@visionarymarketing6384]

Loved it. Tons of insight. Naval has a better understanding of how the world works than most successful people.

[@john1107]

On Modern Loneliness: "...In India there's this concept of the extended family where you basically live with your tribe at all times, so when we were young, at our grandmother's place with my aunts, my uncles, my cousins, my grandparents, everyone was there, and it was a warm night so we went out to the backyard and put all these comforters and these little cots out and everyone would sleep in this giant pile with fifteen people underneath the stars...it was amazing...so there's two things that were great about it: the noise level didn't bother you, if someone's foot was in your face it didn't bother you. When it's family and you're young it all just works and you feel very safe and very happy. Another thing is that it reinforces how important the tribe is. Modern society gives us incredible flexibility in that we can get away from our crazy family members, we're not destined to die where we are born or to do what our parents did. So we have incredible freedom. But coming with it is this tremendous loneliness that we try to cover up either through drugs, alcohol, partying, even trying to find a mission like putting people on mars. But the reality is that a lot of that loneliness comes from being disconnected from growing up in your tribal environment so it's important that as you grow older to figure out how to build your tribe that is always around you. The more they're in your business the better. Like when I go to india in my grandparents house its impossible for anyone in there, in that house, to feel depressed. Theres dogs barking, seven cousins in your business, theres your aunts asking you if you've had enough to eat. Like everyone is always in your business. So depression requires some level of privacy or atleast that's self absorbed depression...there's an abject loneliness that all of us can feel that comes from being disconnected from our roots and our roots are very tribal" Ferris: "...when you have a bunch of people around you and you have other things to do that require you to be interacting with other entities and occupied its very hard to be self absorbed in a way that spirals downward" naval: "...it certainly is one way you can help not being depressed or lonely is when you constantly have other peoples' houses to go into or lives you can step into."

[@jamessteele7102]

Excellent observation. I grew up that way here in the USA, but that way of life has virtually disappeared, and now we see despair in many places.

[@john1107]

@@jamessteele7102 Thank you. I'm willing to assert that a lot of the depression modern westerners feel is actually rooted in loneliness.

[@sinlokemp]

Brilliant observation. I’m from India (Nagaland) and I totally agree. Thanks for the comments. Open my eyes.

[@Onlinesully]

J. E. Palad Of course. This is documented again and again. Nothing new. It's horrific.

[@miguelfilo962]

TL:DR.

[@daleysmith5221]

Wish I found this guy earlier, wise man

[@TheOriginalAlexander]

Same brother

[@shubhamrao2092]

So you don't want to change? It's an excuse as naval says "you buying your time to not change"

[@ntiisw]

Got a lot of his wisdom from kapil gupta md, his coach, listen to his discourses and you'll realize how much naval borrows from him.

[@SCQT]

The Feynman video on the Joy of Finding Things Out is one of those videos that i find myself watching multiple times year after year. That and the 4 Horseman with Hitchens et al

[@DeepFriedLotus]

I really resonated with Naval's answers to Tribe of Mentors.

[@ryanstucke7811]

Same with me marco! Thats why i am here

[@MosesRabuka]

“Ethics and Integrity are what you do despite the money” 1:36:00 Be the hero of your own movie” ~ Joe Rogan

[@jemilmohamed1715]

This man is absolutely incredible and I love the questions Tim asked.

[@RahulBadesra]

Very healthy discussion! 5 am club actually got my started on waking up early at 5 am for over one year now and surprisingly it’s been a starting point when I turned my life around and found the goodness of morning routine

[@JeanKlaud93]

1:22:00 prophetic statement. If you truly wanted to do something, you would just do it and start. Instead of putting it off until the right time. Which never comes anyways.

[@kgbadariprasad1]

He is more a philosopher than an investor. Lovely podcast.

[@lightbinger]

That's what you need, other things comes along.

[@realjasonlima]

1:37:00 when they are talking about “what would this person do” and relating life to being in a movie. This is the last concept spoken about in think and grow rich which’s called the 6th sense. You know a person enough to be able to imagine what they would be like and then you channel their advise. You hold an internal counsel of advisors who are always there with you when you hold the meetings and seek their advice.

[@dr.dermixgirlmd7479]

18 min in and I’ve already downloaded and saved to my favorites. Gold.

[@Felicidade101]

love his take on what education should be for. 1:42:00

[@KETANRAMTEKE]

Thank god I came across his Tweets and coincidently Joe Rogan pushed the podcast featuring him. The universe does give you what you want I guess :D His thoughts are so crystal clear!

[@shiridiri]

same journey right here

[@thomasbarton3308]

Jurgis Ramanauskas hi juijjijjjkjjjvijbivhijhivggjikbikjjbbjbojjhijiiijjhhbijjjjjihuhiijhjbijjjhjjhihhhhhuikjhbhguhhjbvhjikiv bujhhjkbijjjjjbkiju hjijjjhvijvuhhjuuhghjjbjjjbojbjjhjhjhjjhhbhhhhgij he ikhbihjhjjhfjxbhhjhnhhhhiighvjvvjhbbjjonk a b

[@KETANRAMTEKE]

@@thomasbarton3308 is on DMT

[@patreid005]

The alchemist. I dont think i ve ever re read a book. Considering changing that habit.

[@shivay8026]

My best book how to win friends and influence people. Success through positive mental attitude

[@yaghiyahbrenner8902]

2:16:28 over 10 years of wisdom compressed. use it. its beyond Tony Robertson.

[@WinstonKnows]

Yaghiyah Brenner Who?

[@rustic35]

Assuming you mean Tony Robbins? He's like an Amway salesman. Giving you a sell in order to get your money. This guy isn't about making money off you, he makes his money through his investments etc. He wants you to have the information for free.

[@dbsk06]

Tony Robbins is a low bar lol

[@younginvestor9657]

Man said Robertson 😂

[@sandeep10]

@@younginvestor9657 😅

[@DiegoFabro]

What a fantastic finding! Naval is truly someone to look up to

[@narender555]

an autobiography of a yogi a must read

[@javohirjambulov6686]

Great podcast! The questions were well-thought and on-time and the answer were really philosophical!

[@Tony32]

I could hear these guys talk for days.

[@rashiahuja1]

This was one of my favorite episodes! Thanks Tim and Naval for an awesome podcast.

[@vimalcurio]

are you an indian?

[@ferahozbek676]

Awesome!! I loved the interview. Thank you Tim Ferriss and Naval Ravikant. Inspiring.

[@danielgerman4757]

What got me brutally into reading were the novels on Wuxiaworld: Against the Gods, Coiling Dragon, Tales of Demons and Gods, I shall seal the heavens. Even some mangas like Douluo Dalu, Solo Leveling, Legend of the moonlight sculptor. For a guy who in the beginning barely read I've read thousands and thousands of pages from these novels and the feeling they always give me is just amazing :D

[@sunnynepal1940]

This was incredible! Definitely one of my favorite podcast episode of all time

[@vrushali_2woofs]

This book had me travel to Korfu sitting on my couch at Pune, India. Connecting with animals, showing me the importance of family, how money is just a currency and that any belief Can become a reality. My family and other animals by GDurrell

[@yogalife365]

listened to this podcast TWICE inspite of having hardly any free time... Well, the book I love is DNYANESHWARI.. Its by a Marathi language saint and based on Bhagwad geeta. Thanks ...

[@bidask123]

Hawaiki Rising- good read about navigating a canoe across the South Pacific by the stars and the Hokule'a (including how the "Eddie Would Go" phrase came about).

[@k3shavGupta]

The Almnack of Naval Ravikant & 4 hour work week

[@babarosa3237]

I am Dynamite of inner knowledge but i got spark from Job Loss and reading Rich Dad Poor Dad at the same time with Sadhguru!

[@NelsonRodriguezOnlin]

Best interview of all time! 💪🙌

[@hareenavishwakarma1243]

Hi Naval, your future theory about work automation or individual working as project based is realistic but the only defect i see is Trust or loyalty. Which is a major part needed for firms to grow . I believe its all about minimalism but if its about company its all unity not an individual idea ( drunk comment hence no detailed explanation)

[@wt8639]

This book changed a lot of my perspective towards life and emotion: Out Of Control And Loving It: Giving God Complete Control of Your Life by Lisa Bevere. Thank you for this amazing interview podcast！

[@thealchemist9781]

1.intelligence Apakah dia tahu apa yang dia kerjakan ? Karena dia akan bicara dg orang Apakah dia tahu apa yang dia kerjakan Apakah dia punya spesific knowledge Apakah dia memikirkan masalah dg dalam 2.energy ~higly competitive 3.integrity ~dia rakus dan tdk adil masalah dg uang 4.kamu genuine suka dia karena lo bakal ngabisin waktu 1 dekade dg dia Jika dia difficult dan narsistic lepaskan saja dia Dalam industri ini kamu di bayar ketika kamu benar dan yang lain salah

[@pratibhasharma2908]

Great podcast - the one book which changed me is Thank and Grow Rich by Pam Grout 💕 this book taught me live life happily practising gratitude every day, every moment so I’m always in present❤️

[@justbeastfitness]

Watching this in September 2023... Some real modern wisdom.

[@tatjanaborodin8949]

one of the books that had a huge impact is: the art of loving by erich fromm

[@jasonwild]

I know this is old.. but is there any information on the daily movement routine that Tim and Naval talk about?

[@celinelemuria]

the secret and then the power of now. Now I want to read all the books Naval reccomended!

[@picklevoncrunchnmunch7946]

i cook once a week, and pack all of my meals for the week. The trick is to know what textures and flavours work with microwaved and/or toaster ovens. I eat healthy. All natural. Not too much sauce. Super tasty. The key is persistence. Trying and trying what tastes good and what doesnt

[@noircc]

What would you recommend?

[@Onlinesully]

Pickle Von CrunchnMunch Oh right that's nice.

[@saitamasensei6145]

This was beautiful! But will have to listen to a bunch of times again to learn these concepts

[@TheInroad]

The cartoonist you were thinking of was likely Robert Crumb...good friends with Harvey Pekar-founder of the American Splendor comics.

[@TheInroad]

Ah, I see you figured it out.

[@codingstrong]

What about Epictetus guys? He is the man!

[@AnujaNeth]

Great podcast!❤

[@yabalife2352]

Naval is the Truth!

[@beckymcaulay6382]

This was an amazing podcast, thanks guys!

[@MrYufu221]

Can we please have the list of all books Naval mentioned during this interview? Thank you so much!

[@rpmen]

books with biggest impact: The Total Money Makeover, Can't Hurt Me and How to Fail at Almost Everything and Still Win Big,

[@igalexshinre4418]

Did anyone catch the writers name Naval referenced around 1:05:00? The one who’s clear writer, just in a different way?

[@justbeastfitness]

How to Make Friends and Influence people by Dale is that book that changed my social life around...

[@tanviranjan95]

A very late response but my favourite book: The Craftsman by Richard Sennett

[@frankysurroca]

Holy shit what a podcast! Thank you!!!

[@craigarias77]

It makes it so much harder to skip back to get the books names lol . Since I can't get on the Tim Ferriss website at work.

[@codbix_]

Thank you for this ♥️

[@MarijanSvalina]

Wow! This is awesome podcast. I keep getting back to it! What is that morning workout routine mentioned?

[@RahulPR17]

Bijnor in

[@fitnezzo838]

Absolutely love this podcast, so many important notes taken.

[@paulajleal]

Dancing wu li masters. a neat talk. Really identified with his experience...

[@romesizzle]

Kigali...just in case you are wondering what the capital of Rwanda is

[@raymeester7883]

I am just realizing Kamal and Naval are two different people.

[@luismanuela3958]

Tim hay una posibilidad de que tus videos tengan traducción al español latino? Tim, are there any chances that your videos have a Spanish translation? Thank you

[@nileshrawat1583]

wowwww amazing just one think if you can provide all the names of the suggested books in the podcast.

[@Limitlessrepairs]

Dilbert is still my favourite animated show of all time

[@govindjayakumar]

what a man

[@sanketpaudel1239]

Atomic Habits by James Clear is a wonderful book.

[@turbonbc]

I wanna know his nootropic stack!

[@robertpirsig5011]

He doesn't even drink coffee. I don't think there is much chance he'd put any of that shit in him.

[@turbonbc]

@@robertpirsig5011 I am sure he uses natural nootropics or supplements. Unless his diet/lifestyle is exceptionally clean its extremely challenging to be this calm yet sharp at the same time. On the Joe Rogan podcast he was as sharp as being on Amphetamines yet calm and peaceful at the same time.

[@chef9980]

WisdomTooth diet exercise and meditation, stacked over years and years, there is no need for drugs. If you think the only way to be calm or sharp is from nootropics then you will never allow yourself to do so

[@walterpeters2344]

Podcast starts at 05:51 - kzbin.info/www/bejne/Y2itXnqtmJ6jjMk (You're welcome)

[@abhilashvyas8443]

Is it available on Spotify?

[@mdmrrakin8301]

@38.14 Since we all are going to die and it is a zero sum game, then why should I compromise with my emotions. Why should I put aside my emotions and invest in that company that didn’t value me or treat me well?

[@IndiaHereNow]

Naval is almost a sadhu.

[@wally993]

Book request at then end... Outwitting the Devil: The Secret to Freedom and Success

[@theescapeartist7010]

I loved this. Please can you also post up on KZbin the follow up episode with Naval Ravikant where he answers readers / listeners top questions. It contains amazing wisdom (including happiness hacks and the 5 chimps theory) and I would like to link to it via my blog. Thank you!

[@saraiba7]

wheres the podcast with viktor?

[@thealchemist9781]

Iam entrepreneur i solve problem twice I am co founder and ceo angel list happyness is internal,happiness is your choice happiness is skill you can developed Jika loe ingin ingin sukses kelilingi diri lo dg orang yg sukses Jika kamu ingin bahagia kelilingi diri mu dg orang yang lesssucces dari loe Bukan uang yang pertama Tapi founder dan great engineer about underdog Yang di lihat dari founder 1.kecerdasan 2.energy 3.integrity

[@dawwwidpl]

1:00:00 - who is this Polish friend, Wiktor? :D

[@ruangwithviwathanatepa7860]

Principle by Ray Dalio is the book that effect me the most

[@El_Diablo_12]

38:45 Skills get built up over decades with feedback loops

[@Choban300]

18:00 1:00:00 1:38:45 1:51:30

[@ralphbyralph]

When is Part Deux?

[@omarshishani5899]

Best book: “How i found freedom in an unfree world” by Harry Browne. Read many times. Will read again many times. Talks about making your own path, and not having to do relationships and life how others do it.

[@stevenoconnell6297]

Who’s “Victor”? The Polish trainer? Is that the kettlebell guy they’re talking about?

[@MoondogGamer]

Naval is still the best.

[@dadastream]

2:06:25 4th: create

[@saisaran2670]

Why no subtitles?

[@souravsarkar5887]

The subtle art of not giving a f*ck

[@andthereisntone3454]

1:00:55 Meditation.

[@itsmewaldi]

Does anyone know who the guy is with the "incredible wisdom" that's so intense? Intrigued to listen to that podcast.

[@cameronblazevich4246]

itsmewaldi maybe Jerzy Gregorek

[@randomroadchhapreviews4396]

My that book is FIGHT CLUB

[@thomaslafrennie8481]

The outsiders not by choice just kept coming to me in life