SEEK WEALTH, NOT MONEY OR STATUS :
Naval says, focus on creating wealth, not just earning money or seeking status. Wealth means assets that earn while you Sleep.
Think of Ratan Tata, who built Tata Group, creating lasting wealth beyond just earning a salary.
2. LEARN TO LOVE READING:
Reading is key to gaining knowledge and insights.
Mukesh Ambani reads extensively to stay ahead in business. Develop a habit of reading to grow your mind and skills.
3. BE PATIENT AND PERSISTENT:
Success doesn’t come overnight. It’s like growing a mango tree — it takes time and care before you see the fruits.
Reliance Jio wasn’t an instant success; it took years of planning and investment.
4. BUILD SPECIFIC KNOWLEDGE:
Acquire unique skills that are hard to replace. Sundar Pichai’s expertise in technology and management led him to become the CEO of Google. Find your niche and excel in it.
5. EMBRACE ACCOUNTABILITY:
Taking responsibility for your actions is crucial. Being accountable makes you stand out.
Think of Anand Mahindra, who takes personal responsibility for Mahindra Group’s success and challenges.
6. LEVERAGE:
Use leverage to amplify your efforts. This can be through capital, people, or technology. Flipkart leveraged technology to revolutionize online shopping in India.
7. PRIORITIZE HEALTH :
Good health is the foundation of everything. Naval emphasizes physical and mental health. Virat Kohli prioritizes fitness, allowing him to perform consistently at the top level.
8. LEARN TO NEGOTIATE:
Negotiation is a vital skill. Learn how to negotiate well.
Dhirubhai Ambani negotiated deals that set the foundation for Reliance Industries’ growth.
9. VALUE TIME OVER MONEY:
Time is a non-renewable resource. Value your time more than money. Narayana Murthy of Infosys values efficient time management to drive productivity and SUCCESS.
10. PRACTICE GRATITUDE:
Being grateful brings happiness. Dr. APJ Abdul Kalam always expressed gratitude and humility despite his achievements.
CONCLUSION:
Naval Ravikant’s wisdom can transform your life. Apply these principles and see the change for yourself. What’s your favorite lesson?