10 advices from Naval Ravikant (LIFE-CHANGING)

1. Understand that ethical value creation is possible

2. Own equity in a business

3. Use the internet to broaden your career

4. When picking a business partner: Choose someone with high intelligence, high energy and above all, integrity

5. Don’t partner with cynics and pessimists

6. Learn to sell + learn to build

7. On Specific Knowledge:

• Taught through apprenticeship, not in schools.

• Specific knowledge is highly technical or creative - it cannot be outsourced or automated.

• Found by pursuing your genuine curiosity and passion (not by following what’s trendy now)

8. Business leverage comes from capital, people and products with no marginal cost of replication

9. Embrace accountability - do things and take business risks under your own name.

10. An army of robots is freely available on the internet in the form of automation tools - use it.