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MI Rewind: Naval w/ Eric Jorgenson

Jul 19, 2024

57:46

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Eric Jorgenson, writer and podcaster, discusses his book on Naval Ravikant: how to build leverage, the importance of equity, and reframing risk as responsibility. They explore Naval's wisdom on wealth, clear thinking, mental models, and working like athletes. Eric shares insights on getting Tim Ferriss to write the foreword and the impact of influential books on success.

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Episode notes

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Quick takeaways

Eric Jorgenson's book on Naval Ravikant prioritizes accessible knowledge over profit.

High-income professionals achieve financial independence through disciplined spending and strategic investments.

Prioritizing health and fitness can significantly improve personal and professional success.

Deep dives

Importance of Revisiting Past Episodes

Revisiting past podcast episodes is essential due to new listeners who may not have heard them before, helping reinforce learning and discovering missed content. Even existing listeners may benefit from rediscovering valuable insights to strengthen their knowledge.

Intro

2min

Exploring Naval's Inspirational Journey and Book Publication

11min

Exploring Naval's Framework on Getting Rich Without Luck

4min

Naval's Wisdom on Finding Your Specific Knowledge and Leveraging Opportunities for Financial Freedom

15min

Influence of 'Poor Charlie's Almanac' and Learning from Heroes

5min

The Impact of Influential Books on Mindset and Success

15min

Where to Find the Guest's Book and Connect Online

2min

Robert Leonard chats with Eric Jorgenson about who Naval Ravikant is, why he wanted to write a book about him as a guide to wealth and happiness, how his strategy of not making any money out of the book came about and why he chose to go that route, the most important thing Eric has learned from Naval, and much, much more!

Eric is a writer, podcaster, and builder of books. He is the creator of The Almanack of Naval Ravikant: A Guide to Wealth and Happiness.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

02:35 - Who Naval Ravikant is and why Eric wanted to write a book about him.

07:01 - How Eric’s strategy of not making any money out of the book came about and why he chose to go that route.

11:38 - How someone can build or find a position of leverage and why this is important going into the future.

12:43 - The breakdown of Naval’s framework on how to get rich without getting lucky.

21:28 - What’s behind Naval's idea that if you don't have equity in a business, then you don’t have a path towards financial freedom?

23:02 - Why Naval believes the forty-hour work week is outdated and why we should be like athletes instead.

24:55 - How Eric was able to get Tim Ferriss to write the foreword to his book.

25:46 - What the quote, “You’ll never be rich since you’re obviously smart, and someone will offer you a job that’s just good enough” means.

27:04 - Why being a clear thinker is more important than being smart, and how we can think clearly.

28:42 - What a mental model is and how this can help you in your business and life.

41:52 - Which habit or principle Eric follows in his life that has had a big impact on his success and what has been the most influential book in his life.

46:44 - What has been the most important thing Eric has learned from Naval?

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Podcast: Naval Ravikant: The Angel Philosopher in The Knowledge Project with Shane Parrish.
Tim Ferriss’ book, The 4-Hour Workweek.
Charlie Munger’s book, Poor Charlie’s Almanack.
Bill Watterson’s book, The Complete Calvin and Hobbes.
Robert Cialdini’s book, Influence, New and Expanded: The Psychology of Persuasion.
Jason Calacanis’ book, Angel.
Eric Ries’ book, The Lean Startup.
Check out the books mentioned in the podcast here.
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