Naval's epic tweetstorm on How To Get Rich is a must watch for everyone! Words cannot describe how powerful and insightful it is. Please, do yourself a favour, and watch it over, and over again!
@jacobcuster955 жыл бұрын
For people looking to become entrepreneurs, there's far too many scammers online trying to convince people to purchase their e-course for thousands of dollars with the false promise it will get them rich; all while the only ones making money is the scammer. For Naval, he is literally a billionaire sharing his wisdom for free with people because he believes in a more Utopian society where everyone can thrive and succeed. Thanks for this content.
@呀你可5 жыл бұрын
well said. Crying
@呀你可5 жыл бұрын
@kuldeep I am sure
@呀你可5 жыл бұрын
@kuldeep what's your concern
@TheRealScurred5 жыл бұрын
Naval is a billionaire?
@hritvizdinkar76235 жыл бұрын
He's not a billionaire. He said that the net worth floating on the internet is off by a factor of 10.
@johnaddaquay11145 жыл бұрын
Naval you really are a breathe of fresh air. The school of life has nothing on you in the realm of philosophy
@krizillion4 жыл бұрын
“If you think like the owner and you act like the owner it’s only a matter of time before you become the owner”
@bevo654 жыл бұрын
As a lawyer, I'm fascinated by the discussion starting at 5:27. A lot of uncommon wisdom there.
@Ar7Style873 жыл бұрын
It's pretty common actually. Everybody who ever worked for a big company, especially in service delivery, is perfectly aware of that. It's not even difficult to realize the same as an outsider.
@iVuDang4 жыл бұрын
To address the principal-agent problem, is to deal with the smallest firm possible. o For example, when hiring a lawyer, or an accountant, to work on deals. The bigger firms are generally worst. - Yes, they have more experience, they have more people, they have more resources, they have a bigger brand. - However, the principal and the agent are highly separated. - Very often the principal will sell and convince you to work with the firm, but all the work will be done by the agent who doesn’t care as much, and often you will get sub-standard service. - I prefer to work with boutiques. The ideal firm I prefer to work with, is a firm of one. You make other sacrifices and trade-offs in terms of that person’s resources, but you are betting on that person. The accountability is extremely high. - The best way to operate is to think like an owner, act like an owner, it’s only a matter of time until you become the owner.
@josuelaura15365 жыл бұрын
Wow that microphone has gotten so much better.... thanks!
@BarryDylan1112 жыл бұрын
This is so true! If you can focus on one thing, focus on incentives!
@facundomiranda33915 жыл бұрын
Thanks you so much for all the series!! I have watched all the videos and i found them so valuable that i cant even show enough gratitude. My sincerely greetings from Argentina
@呀你可5 жыл бұрын
feel the same from CHina
@rafaeldelgado78603 жыл бұрын
Naval is on another level!
@fabianhaglund57923 жыл бұрын
Aligned incentives is such a powerful thing it is crazy that it even can work without it sometimes
@PrithivirajSaminathan3 жыл бұрын
i found this channel and found the real purpose of my life :) thank you so much Naval !!
@timrenner98645 жыл бұрын
Naval can you make an AI version of yourself that can sit on my shoulder
@JackyTMusic5 жыл бұрын
This is interesting. Beyond my experience and realm of work. I tried to mentally apply it to where i worked as a 2iC of sorts for an arts event company with a strong brand, leader brand specifically and burgeoning community. I really like playing second fiddle as i feel i was best at it n also attracted the criticism to my ears from folks who felt they couldnt publicly talk about the principal and brand. I could never think like the principal as she was morally corrupt and hence the corruption meant friction and an inept long term vision. It was an odd place to grow with a ceiling so clearly defined by her presence but not defined by my work conditions and outline. In the end she burnt me and too many others, and a few of those critics reachdd out and asked to work with me on very rewarding projects - none of which as large, some that used my second fiddle skills, others my high level skills. I have yet to develop a principal mindstate as i feel it requires more finessse than actualisation through behaviour when your business/realm fundamentally doesnt line up with your methods and morals. The incentive structure for community work is muddy and laced with faux altruism one must front with.. Id love to talk to Naval about acheiving business success in highly emotional and manipulated spaces like the performing arts. His general notions apply well to specific problems usually, yet here it feels inept for once. Im sure specific guidance and anecdotes he could give me would provide that focus of light.
@TheWoeJoe15 жыл бұрын
A big, deep-felt thank you from my part
@NomadCulture2 жыл бұрын
Very true 1. (management) Give people a higher purpose, responsibility, and accountability 2. When you hire, hire boutiques (1 man agencies), because of the first point
@nikhilagrawal25075 жыл бұрын
A must know principle for founder.
@amorrar15 жыл бұрын
Pure Gold
@GavinSummers5 жыл бұрын
This is gold.
@rudrabhattacharya36223 жыл бұрын
Amazing talk as always
@ekanem29545 жыл бұрын
quality as usual!!
@cookitketo35925 жыл бұрын
This is incredible
@Gtex5555 жыл бұрын
amazing
@divyakshitij5 жыл бұрын
wow if u think n act like owner u eventually become an owner
@munahasan3714 жыл бұрын
How old are u naval. U are so wise man.
@tomvice5 жыл бұрын
I'm somehow offended by the clueless lilliputian comments. Then again, compared to naval i'm on the same lot still haha
@td4yd1545 жыл бұрын
What does ‘leverage’ even mean?
@tomvice5 жыл бұрын
TD 4YD Keep digging his material. It's employees, software, money, relationships. Things that multiply your effort further than your immediate actions
@td4yd1545 жыл бұрын
steamorfry is that ‘everything’? Why use the word ‘leverage’? Is there an entire book written on ‘leverage’?