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Blink 3 of 8 - The 5 AM Club
by Robin Sharma
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The Almanack of Naval Ravikant summary
Eric Jorgenson
A Guide to Wealth and Happiness
23 mins
Brief summary
The Almanack of Naval Ravikant by Eric Jorgenson is a collection of quotes and insights from the successful entrepreneur and investor, providing valuable lessons on wealth, happiness, and life.
Table of Contents
The Almanack of Naval Ravikant
Summary of 7 key ideas
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Key idea 1 of 7
If you’re unsure about a decision, then the answer is no.
There are seven billion people on our planet.
Thanks to the internet, it’s easier than ever to get to know anyone anywhere on Earth. That’s a lot of potential mates, friends, and business partners.
Work has also changed in the digital era. Today, there are thousands of jobs open to pretty much anyone with an internet connection.
In short, modern society is full of options, which means there are countless answers to questions like whom you should marry, where you should live, and which career you should pursue.
So how do you get these calls right? Well, it helps if you’re applying the right principles when you make important decisions.
The key message here is: If you’re unsure about a decision, then the answer is no.
The human brain isn’t wired to cope with option-rich environments. Blame it on evolution.
Our ancestors evolved in small tribes and their lives were defined by scarcity. Finding a partner, for example, wasn’t a question of romance or shared values – it was about availability. Work was also a question of necessity. Your job was to find enough food to keep you and your kin alive for another day.
This evolutionary legacy is a problem in today’s world. When it comes to big decisions, it’s easy to get locked in for a long time. Starting a relationship might commit you to a project that lasts five years or more. Deciding to move cities and accept a particular job can alter the course of your entire career. Make the wrong calls and you’re looking at a lot of wasted time.
In other words, these kinds of decisions have long-term consequences, and you need to get them right. That’s why it pays to apply a simple heuristic – that is, a rule of thumb that helps make sense of a problem. This heuristic states that if you’re unsure, then the answer is always no.
Of course, you can’t know the future, so you can never be fully certain that, say, agreeing to marry someone or buying a certain house is the right option. The point, however, is to trust your doubts. If you find yourself staring at a spreadsheet with pro and con columns, or creating elaborate checks and balances, you already have your answer: no.
It’s a straightforward rule, but it’s highly effective. Best of all, it can save you years of hardship and regret.
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What is The Almanack of Naval Ravikant about?
The Almanack of Naval Ravikant (2020) condenses the wisdom of philosopher and entrepreneur Naval Ravikant into actionable, bite-sized chunks. Although he covers many topics, this collection of insights circles around two profound questions – how do you build wealth, and how do you find happiness? Ravikant’s answer? Both are skills that need to be practiced.
The Almanack of Naval Ravikant Review
The Almanack of Naval Ravikant (2020) is a thought-provoking book that offers valuable insights into life, success, and happiness. Here are three reasons why this book is worth reading:
- It provides practical wisdom and actionable advice that can be implemented in daily life, helping readers make positive changes and achieve personal growth.
- With a combination of personal anecdotes, philosophical ideas, and insights from influential figures, the book offers a unique perspective on entrepreneurship, wealth, and spirituality.
- Its engaging and thought-provoking content keeps readers hooked, making it an enjoyable and enlightening read that challenges conventional thinking.
Who should read The Almanack of Naval Ravikant?
- Entrepreneurs and self-starters
- Practical philosophers
- Hard workers tired of the rat race
Categories with The Almanack of Naval Ravikant
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The Almanack of Naval Ravikant FAQs
What is the main message of The Almanack of Naval Ravikant?
The main message of The Almanack of Naval Ravikant is to live a fulfilling and meaningful life.
How long does it take to read The Almanack of Naval Ravikant?
The reading time for The Almanack of Naval Ravikant varies, but the Blinkist summary can be read in just 15 minutes.
Is The Almanack of Naval Ravikant a good book? Is it worth reading?
The Almanack of Naval Ravikant is worth reading as it offers valuable insights and wisdom for personal growth and success.
Who is the author of The Almanack of Naval Ravikant?
The author of The Almanack of Naval Ravikant is Eric Jorgenson.
What to read after The Almanack of Naval Ravikant?
If you're wondering what to read next after The Almanack of Naval Ravikant, here are some recommendations we suggest:
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- A Wealth of Common Sense by Ben Carlson
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- Mindset by Carol Dweck
- The 5 AM Club by Robin Sharma
- The Now Habit by Neil Fiore
- Sapiens by Yuval Noah Harari
- The Practicing Mind by Thomas M. Sterner