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3 Practical Takeaways From Naval Ravikant How To Get Rich Without Getting Lucky

habits

When I came across the massive Twitter thread from the Naval Ravikant how to get rich without getting lucky “tweetstorm”, it really spoke to me. I had never really heard of Naval at that point and didn’t know who he was. In fact, his Twitter name being just Naval with just a weird image made me think he was some sort of anonymous account in tribute to the Navy lol.

However, as I started reading and learning more about Naval, I became more and more intrigued. What I found the most fascinating is that he laid out the path by which I had come into a certain financial “status”. I won’t say I’m rich yet because to me rich means you have the kind of money to just walk away from everything you want and never work another day in your life (for money).

Supersett-program i muskulasjon testo kvinne ben kroppsbyggingsprogram.

If I sell my shares/interests in the company I am involved in, it’s possible I could be there (depending on the valuations, etc) but as it sits today a lot of my wealth is in paper, not cash.

Regardless, I will outline in this brief article 3 practical takeaways from Naval Ravikant’s How To Get Rich Without Getting Lucky Twitter thread. I’ll also add that this article is all made possible because of my evergreen notes process which I also recommend you check out.

Here’s the thread:

This is the “famous” thread that started it all. Definitely check it out when you have a minute if you haven’t yet.

And if you want to really dive in deep on this, I highly recommend you give this a listen:

Takeaway # 1 – Naval Ravikant How To Get Rich: Seek Wealth, Not Status

From Naval Ravikant:

“Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.”

This is missed by so many people. Wealth is really setting up a system by which you can earn money without having to trade time for hours. Most of us work hard at jobs or even as freelancers, but in reality, we are trading time for dollars.

I want to say that this is in no way wrong. In fact, I would venture to say that working at a job is probably right for 99% of people. It takes a certain kind of person with an aptitude for business to start or grow their own business.

That being said, everyone should still focus on acquiring assets that appreciate over time and also create cash without your direct involvement. Real estate and business ownership (as an angel investor for example) are great vehicles for this. Focus on wealth building slowly, and in 10 years the results can be pretty epic.

Don’t fall for the get-rich-quick stuff. I’ve been down that path and it’s dark and filled with people who are driven by hope without a sense of purpose for their vision. Without purpose, I don’t think any business idea will really work, apart from the occasional lucky break.

And one final thought on status. Status is the facade of wealth. If you want to see the facade of wealth, look on Instagram. 99% of millionaires don’t flaunt it because they don’t need to. Usually, people flaunting their wealth on social media are either trying to sell a product or they are the children of the rich who are fulfilling some internal need for validation.

Practical takeaway # 1:

Buy real estate in some way and invest for the long term. If you are looking for a completely passive real estate investment I recommend one of the companies I work with. They are called HIS Capital Group. They have an SEC-exempt Regulation A+ fund. You can learn more about them here:

HIS Capital Group

As far as investing in a business, I have really been enjoying making small investments in companies through Replublic.co

Takeaway # 2 – Solve A Big Problem With A Solution That Scales

From Naval Ravikant:

“You will get rich by giving society what it wants but does not yet know how to get. At scale.”

This is the heart of the issue. If you truly want to get rich without getting lucky you have to create something that people want and are willing to pay for. This is where we have to get a little bit granular though.

See, I think that you can make enough money to retire and live a good life even if you don’t do something that scales big time. By that I mean, you could probably work as a freelancer or agency owner for 10 years, make about $5MM over those 10 years, save most of it, and then retire.

The issue is a lot of people (myself included) have a hard time saving most of the money they earn. Also, I think Naval is talking here about making that real life-changing sort of “rich” money. In order to do this, you must create a solution for a mass market, with mass appeal, with an addressable market.

Going back to the agency model, it is hard to scale. Every time you bring on a client, you must also bring out more copywriters, designers, marketers, programmers, media buyers, etc.

It scales linearly and you can use mini-economies of scale. An example would be having one copywriter who can write for 3 different companies at once. If you can get past the context switching for the copywriter, this is a win for the business.

However, something that is better at scaling is software. This is another maxim from Naval’s Twitter thread:

“Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep.”

This is a great example of how to create something that solves a problem and scales. Take for example writing a book. If you write a book that solves a specific problem for a large group of people you can sell that book to millions of people. Maybe you only make $1 or $2 per book, but you sell 1 million copies.

Now you have made a few million, but more importantly you have an audience you can sell further things to including consulting and other training programs, especially on the corporate side of things.

Of course we all understand the scaling power of coding. You can build a website like Facebook and put billions of people on it, all at the same time. That’s scale that makes you massively rich.

Practical takeaway # 2

Improve your writing and/or improve your ability to code. If you are interested in learning copywriting or improving on it then I recommend my company Copywriter Brain. I think we do a lot of good and really help people become better at writing ads.

If you are looking for non-fiction writing I have heard amazing things about Write of Passage. I’ve not taken it yet, but everyone I know who has said it’s a game-changer for them.

When it comes to coding I am not much help. I have heard good things about Lambda School which can teach you to code without any money upfront (you pay after you get a job). There’s also a small company I am involved with called codebender which has an IDE for Arduino you can check out. We are working behind the scenes now on something really cool there.

Takeaway # 3 – Work Really Hard

From Naval Ravikant:

“Work as hard as you can. Even though who you work with and what you work on are more important than how hard you work.”

This one should go without saying, but it is often missed by a lot of the people who want to start or grow a business. Being in business for yourself is extremely hard work. It’s an emotional roller coaster.

You are dealing with people, emotions, problems, and market forces that are way too advanced or big for you to simply figure out. The best you can hope for is to pick the general right direction and head that way.

It’s very difficult to create a “roadmap” of exactly what to do or where to go. Plus, even when you are on the right track, you have to make sure every stakeholder wants to go the same way and is on board for the long haul.

So, all you really can do is plan for the worst, hope for the best – and work your butt off. Naval is right here, the people you work with will be the ultimate arbiters of where you end up, but you must put in the time.

One cool benefit of working hard is that you get used to it and you really come to like it. If there’s any “get rich” secret it’s that you must get addicted to the act of working to the point that it doesn’t feel like work.

It should feel like play. And it should be fun. Apart from the times of utter disaster and ruin that happen every now and again haha.

Once you are having fun, you’ll “work” so hard without the struggle or feel of working. And then you’ll beat just about everybody because you can’t outwork someone who isn’t working.

Practical Takeaway # 3

What are the takeaways here? There’s not really a class or a course on how to have fun in business. But my recommendation is that you look for something you truly love and like. It doesn’t mean that every day will be easy.

It just means that you will naturally WANT to pursue the topic. I will say this though. You may not have that love at first. It may just be something you like or something you want to learn more about.

Let your inquisitive nature take you towards different options. There are many opportunities that are before me now that I never would have chosen myself. But, given the opportunity, I am enjoying them so much.

I think this can be the case for anyone.

Final Thoughts: Naval Ravikant How To Get Rich Without Trying

There are so many more takeaways from these ideas that Naval laid out. I highly recommend you listen to the podcast and go through each one and really think about ways you can practically apply these lessons to your life.

For me, writing and business judgement have helped me earn a lot more money than I ever thought was possible. What will it be for you?

Tell me more about what you do, I’d love to hear from you in the comments or privately through my contact page.

Habit Tracker Bullet Journal For Roam Research [Guide]

habits

Many people are looking for a habit tracker bullet journal guide or example. In this post, I’m going to show you how I take the spirit of the bullet journal concept and apply it to Roam Research.

There are many things that can be tracked, but for my example I’m going to show you what I track and how I track it. I’ll also give you the exact “code” I use so you can set this up yourself to create your own habit tracker bullet journal for Roam.

Maybe you’ll make it a habit to take good notes, which I think could be a life-changing habit to add to your life. Beylikdüzü escort

Habit Tracker Bullet Journal Table Of Contents

Why You Should Use A Habit Tracker Bullet Journal In Roam

Famed management guru Peter Drucker said it best.

What gets measured, gets managed.

Peter Drucker

So, if you want to create lasting change in your life, you need to start tracking your habits and becoming “aware”. The truth is you already are relying on habits to run your life. It’s the nature of being human that we rely on habits to reduce our cognitive load.

By becoming conscious of our habits, we can track them and over time get rid of old habits and create new habits. But the key is that we must be aware and we must track. Otherwise, we will slide back into our “old ways” and the change we seek will stop.

What Should I Track With My Habit Tracker Bullet Journal?

There are so many things that you can track, the list is really up to you. However, in general, there are a few areas that most of us should be tracking. I’m going to list out for you now what I am presently tracking. Erotik Film, Erotik Film izle

List Of Habits To Track:

Supplements/Medicines:

Diet & Exercise

Other

  • Brush (I like Quip for this – feels good)
  • Floss
  • Washed Face
  • Fluency Control (this is to help control my stutter)
  • Created Something
  • Listened To Audible Book
  • Read On My Kindle

I track a few other things that I didn’t include, but I wanted to give you a great start on ideas of things you can track.

Now if you are using a habit tracker bullet journal, this video shows how you to do that:

How to track habits in a bullet journal

But for this blog post, I want to focus on how to create your own habit tracker bullet journal inside of Roam Research.

Habit Tracker Bullet Journal In Roam Research

Now, if you are using Roam Research yet then you need to go sign up. It’s relatively inexpensive and it can absolutely change your life. It’s a sort of note taking tool that really has changed my entire life.

Get a free trial here.

And I also want to say that I didn’t create this idea of Habit Tracking in Roam. I watched a lot of Youtube Videos about this and the ones that were most helpful were Anonym.s and Shu Omi.

Video Walkthrough Of Setting Up Habit Tracking In Roam Research

Here’s a video walkthrough if you prefer learning that way.

What you want to do is to create a table inside of Roam. You can create a table by typing /table and pressing enter.

You will then see something that looks like this:

Underneath the table, you will then want to create the things you want to track. For my sample, I will use my Supplements tracking.

Make sure you tab over one to the right so that you are indented underneath the table (The blank bullet in my screenshot). Press tab to indent.

Start by giving a name to what you will be tracking. In my case, I will type “Supplements”. You should now see this is the top left name of the table.

Now, press enter and tab over one and type out Monday. Press enter, tab again, and type Tuesday. Do this until you have completed the days of the week. Note that you can start on any day of the week you want or you could do this weekly if you wanted like Week 1, Week 2, Week 3, etc.

When done it should look like this:

If you look at your Table now, you will have 8 column titles… starting with Supplements and running all the way through Sunday.

Now that we have the columns, we need to start putting in the rows. To do that, press enter again and use “shift + tab” until your bullet is now even again with “Supplements”. Then type the first thing you want to track. You should keep these all on the same indentation just pressing enter after each one.

In my case I would type:

Testosterone (enter)
DECA (enter)
HCG (enter)
AI Blocker (enter)
Vitamin D (enter)
In Perium (enter)
Collagen (enter)
Fortagen (enter)

At this point you’ll see that you have rows and colums and it should look like this:

If you have any extra rows showing up at this point that’s ok. It should fix itself when we do the final step here which is to add a checkbox so we can mark a field as “complete”.

To do this, we want to go back to the different things we want to track. Let’s start with Testosterone again. Click on the Testosterone line and press enter. Now tab one over. If you had any weird formatting issues, they should be gone now.

What we want do to now is add a checkmark that can be toggled On/Off. Thankfully, this feature is built into Roam Research.

So go ahead and type /todo and this will create a checkbox for you. If you are feeling fancy you can also type the code in directly which is {{[[TODO]]}} or you can hit CMD Enter or CRTL Enter and this will also insert the TO DO box.

Press enter and tab over again. Insert the TODO code. Do this again and again (enter and tab) and you should see the checkboxes being added underneath the day of the week.

It should look like this when done:

And your Table should look like this:

To finish off the table, you will just repeat the same step again underneath each of the things you are tracking.

To make it easier for you, you can “cheat” and use this code below. Although, I recommend doing it yourself a few times so you know how to better tweak it later.

- Supplements
    - {{[[table]]}}
        - Supplements
            - Monday
                - Tuesday
                    - Wednesday
                        - Thursday
                            - Friday
                                - Saturday
                                    - Sunday
        - Test
            - {{[[TODO]]}} 
                - 
                    - {{[[TODO]]}} 
                        - 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - 
        - GACLIV
            - {{[[TODO]]}} 
                - 
                    - {{[[TODO]]}} 
                        - 
                            - {{[[TODO]]}} 
                                - 
                                    - 
        - DECA
            - {{[[TODO]]}} 
                - 
                    - 
                        - {{[[TODO]]}} 
                            - 
                                - 
                                    - 
        - HCG
            - {{[[TODO]]}} 
                - 
                    - {{[[TODO]]}} 
                        - 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - 
        - AI Blocker
            - {{[[TODO]]}} 
                - 
                    - {{[[TODO]]}} 
                        - 
                            - {{[[TODO]]}} 
                                - 
                                    - 
        - Vitamin D
            - 
                - 
                    - 
                        - {{[[TODO]]}} 
                            - 
                                - 
                                    - 
        - In Perium
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - 
        - Collagen
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - 
        - Fortagen
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
- Diet & Exercise
    - {{[[table]]}}
        - Diet & Exercise
            - Monday
                - Tuesday
                    - Wednesday
                        - Thursday
                            - Friday
                                - Saturday
                                    - Sunday
        - 16/8 Fasting
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Kept It Lower Carb
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - X3
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - 
        - Walked 10,000 steps
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Meditation
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Breathing
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 

        - Sauna
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Cold Shower
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Oxygen Restriction
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    - {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
- Other
    - {{[[table]]}}
        - Other
            - Monday
                - Tuesday
                    - Wednesday
                        - Thursday
                            - Friday
                                - Saturday
                                    - Sunday
        - Brush
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Floss
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Washed Face
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Fluency Control
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}} 
        - Created Something
            - {{[[TODO]]}} 
                - {{[[TODO]]}} 
                    {{[[TODO]]}} 
                        - {{[[TODO]]}} 
                            - {{[[TODO]]}} 
                                - {{[[TODO]]}} 
                                    - {{[[TODO]]}}

When you paste that into Roam you should be good to go.

A Few Advanced Tweaks For Your Habit Tracker Bullet Journal

Here’s a few more things I do to make it easy on myself.

First, save your habit tables on a page called either Metadata or Templates. That way you can always grab or edit the code as needed.

My Metadata setup looks like this:

Those are different types of metadata that I track in Roam Research. Let’s look closer at the Habit Tracking section by opening up that bullet.

If you were to open up each of those 3 bullets, you would see the full table code as I shared above.

Now, here’s one more cool thing and this feature just came out.

How To Replicate Your Habit Tracker In Just A Click

Next to the word Habit Tracking I added another page called roam/templates. To create that page you would just type [[roam/templates]].

This allows you to turn all the sub-bullets into a template that can be used anywhere you want it.

To do this, just make sure you’ve added [[roam/templates]] next to the Habit Tracking Bullet. All the sub-bullets underneath the Habit Tracking bullet (nested bullets) will be copied over when you load the template.

How do you load the template? It’s actually really easy.

Put your mouse where you want the Habit Tracker template to go. Type the following:

;;

That’s 2 semi-colons. Now a pop-up will appear and you can just choose the Habit Tracker page and like magic, your template appears.

Pretty cool and this is gonna save so much time for me going forward.

Final Thoughts

What I do is daily or every few days I go in and I check off the habits that I follow through on. The goal is to get as many habits per day that you can. And ultimately you don’t want to break the chain.

I also don’t track every habit for every day. Some are weekly. Like my Vitamin D. In those instances, I just leave those days of the week blank. You do this by hitting enter and moving on to the next tab.

Another advanced thing you could try (which I don’t do yet) is you could track other things besides a YES/NO. For example, for my Wim Hof breathing, I track how long I hold my breath. I could insert that time as a number in order to see how I’m progressing instead of the checkbox.

Alright, if you found this helpful, please consider following me on Twitter where I share more stuff like this. Also, my Youtube Channel.

And if you’re in marketing or need to write better ad copy to sell your stuff, check out Copywriter Brain where I teach how I use Roam Research and a slew of tools to write killer copy faster and easier than ever.