Naval

Naval
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20 snips
Jul 19, 2019 • 2min

Compounding Relationships Make Life Easier

Discover how having a few deep, compounding relationships can simplify life. Explore the powerful parallels between trust built over time and financial success. Learn why nurturing meaningful connections can lead to smoother decision-making and long-term achievements, both personally and in business. It's a reminder that effort invested in quality relationships pays off more than chasing numerous shallow ones.
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19 snips
Jul 15, 2019 • 3min

Turn Short-Term Games Into Long-Term Games

Explore how to enhance negotiation leverage by shifting focus from short-term wins to long-term relationships. Discover the significance of emotional investment in achieving Pareto optimal solutions. Delve into game theory, converting single-move dynamics into multi-move strategies. Learn practical lessons through real-life scenarios, such as home renovations, illustrating the importance of building trust and ongoing partnerships.
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13 snips
Jul 12, 2019 • 2min

Schelling Point: Cooperating Without Communicating

Discover how individuals can effectively cooperate without communication through the concept of Schelling points. Learn about coordinating strategies in business, art, and politics, where anticipating actions leads to successful outcomes. Delve into the role of social norms in fostering cooperation and uncover practical examples of decision-making dynamics. This insightful discussion unravels the intricacies of how silence can guide collaboration in various fields.
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17 snips
Jul 10, 2019 • 2min

Kelly Criterion: Avoid Ruin

Explore the intriguing balance of risk management through the Kelly Criterion. Discover why it’s crucial not to gamble everything on a single bet. Learn how ruining your reputation can be as detrimental as financial loss. Uncover the connections between ethical practices in business and safeguarding your assets. This discussion highlights the importance of calculated decisions in both investing and personal integrity.
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22 snips
Jul 8, 2019 • 7min

Principal-Agent Problem: Act Like an Owner

Explore the intriguing dynamics between business owners and employees. The podcast delves into how thinking like a principal can shift your career trajectory. Discover why aligning incentives is crucial for success in any deal. Learn about the advantages of working with smaller firms to mitigate conflicts and enhance accountability. A mindset shift can transform an employee into an owner, paving the way for greater achievement.
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18 snips
Jun 28, 2019 • 3min

Envy Can Be Useful, or It Can Eat You Alive

The discussion dives into the dual nature of envy, exploring how it can either propel you to success or consume you if unchecked. The speaker reflects on their dissatisfaction with menial jobs, sharing personal stories from their time in a school cafeteria and a law firm. These experiences highlight how struggle can motivate a search for fulfillment. Ultimately, the conversation emphasizes the importance of managing envy for personal growth.
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30 snips
Jun 26, 2019 • 3min

Being Ethical Is Long-Term Greedy

Exploring the importance of ethics, the discussion emphasizes that trust is the foundation of lasting relationships. Ethical behavior isn’t just a theory; it’s a practice that attracts like-minded individuals and leads to compounding benefits. The idea that fair deals yield long-term rewards illustrates that being ethical is not only the right choice but also a smart business strategy. Embracing these principles can unlock a pathway to success in both personal and professional arenas.
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20 snips
Jun 24, 2019 • 4min

We Should Eventually Be Working for Ourselves

Explore how middle age can be a ripe period for entrepreneurial growth. Discover the power of leveraging your skills within smaller organizations for personal fulfillment. Embrace innovation and accountability as key components to achieving personal wealth. The ultimate goal? A future where you’re working for yourself.
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25 snips
Jun 21, 2019 • 4min

Accountability Means Letting People Criticize You

Explore the misconception of accountability and its crucial role in personal growth. Discover how criticism can be a vehicle for improvement. Learn about leveraging technology for free resources and the dangers of denying opportunities just because others can't capitalize on them. Finally, see how running a business can align with your philanthropic goals, encouraging you to redefine success through impactful entrepreneurship.
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2,575 snips
Jun 2, 2019 • 3h 36min

How to Get Rich: Every Episode

Explore the differences between wealth, money, and status, emphasizing freedom over societal expectations. Learn how specific knowledge and creativity drive financial independence. Discover the importance of accountability, partnerships, and long-term thinking in wealth creation. Delve into modern leverage through technology and media, and the transformative power of mentorship. Unpack the significance of ethics and judgment in navigating the evolving landscape of business and career growth.

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