The Almanack Of Naval Ravikant Summary – Free ebook

Every single person on this planet can get rich, it all depends on the person’s mindset. Eric Jorgenson who has written this book has collected all the knowledge that Naval Ravikant has shared across the internet and presented it in a simple way.

The Almanack Of Naval Ravikant Book will teach you everything from getting wealthy to how to live a free life in a simple way.

The Almanack Of Naval Ravikant Summary

This is not an autobiography of Naval Ravikant, the book contains the wisdom of Naval Ravikant which he has shared on Twitter, Youtube, and all across the internet.

The book is divided into two parts: Wealth and Happiness. Each chapter contains various tweets, comments, and statements from the Naval.

This is one of those books that you don’t have to read from start to end, you can pick the book and start reading from anywhere.

So let me share with you some of the core takeaways from the book.

• Understand how to Create Wealth
• Learn to love to Read
• Everyone has Choice
• Learn to Spend time with yourself
• Find out the meaning of life
• Easy choices, hard life. Hard choices, easy life
• Everything is a Long-term game
• Health should be first priority
• Be happy with what you have
• Learn to sell. Learn to build. If you can do both, you will be unstoppable

Creating Wealth

Here let me share some of the notes which will give you a clear idea about Wealth,

1. Wealth: Having assets that earn while you sleep.
2. Money: How we transfer time and wealth.
3. Status: Your place in the social hierarchy.

Let’s say, you’re doing a job and every month you get your salary, and next month, the same will happen.

This means, if you quit your job, you won’t get money from next month.

How to Get Rich (without getting lucky):

— Naval (@naval) May 31, 2018

Now, let’s say you build a website where you work for a year, and give your 100%. So now, if you don’t work for a month or year, you will earn while you sleep because you’re the owner of the website, and one way or another, you will earn even if you don’t work every day.

Even if you invest your money into the stock market then you will earn a good amount of money without doing anything.

Future, there are tons of ways to earn money while sleeping,

1. Invest in Stock Market
2. Invest in Crypto
3. Invest in Mutual Fund
4. Buy House and rent it
5. Make website
6. Make YouTube Channel

I have only shared a couple of ways to earn money, you can also search on the internet and see which one excites you.

The core takeaway is, don’t rely on one income source, create multiple income sources, so if you don’t get money from one way then you will eventually earn from another way.

Everyone Has Choice

You can choose to exercise every day or eat fast food every day, read books or watch movies. Everyone has a choice, it depends on you, what you choose and that choice will decide your future.

You also have a choice of being happy or sad, it depends on you, what you choose.

It’s a simple thing right but if you want to change yourself then you will have to make one step ahead, so make a choice that makes your life simpler and better. Whether it could be doing exercise every day, spending time with loved ones, or even reading books.

Make choice and stick to it, one day, you will see the change.

Health Should Be First Priority

If you’re alive then you have unlimited resources to do anything, so think about it and do what makes you happy. Start with, your Health.

Imagine if for one moment, you were actually happy with your body.

— Naval (@naval) January 6, 2022

Let’s say, you’re 20 years old and you have back pain, your knees hurt, and you’re fat. Now, tell me, how you feel about your future, better, how you feel right now.

If you feel that, I have to lose weight and I have to be healthy then be healthy. No one is stopping you from doing exercise every day, the only person stopping is yourself.

So make choice and be the better version of yourself.

If you’re in good shape then you will think better and do better in life.

So start exercising right now and do it till you die, it’s for your own good, no one will get anything from it but you will gain lots of things.

Easy choices, Hard life. Hard choices, Easy life

Doing a Job is an easy choice, you don’t have to do anything, you just have to follow the order till you do the job and you will get your salary at the end of every month.

Whereas,

If you chose to do business then you will have to hire people, pay them salaries and make changes, if something is not working well. In short, business is a hard choice.

A simple example is,

Doing exercise won’t make you happy but when you become old, you will see the result or if you learn a new language every day for 1hr then you will be able to speak a new language after a year or letter. The longer you do any kind of task, you will be able to do it properly but first, you will have to make choice.

So focus on the process, and don’t think about the result, if you give your 100% then the result will be positive.

Be Happy with What You Have

If you want to buy a new house then you have to have money and if you don’t have money then earn it, don’t complain about it.

You can’t have that house without money and if you complain about it then nothing will happen, you need to get a job, start a business and do something where you can earn money.

The end of the story is, you can have anything but first, you have to believe in it.

The Almanack Of Naval Ravikant Review

The Almanack Of Naval Ravikant is one of those books that will tell you that, life is hard but you can make it easy. Sometimes, life won’t go the way you wanted but it’s that time when you have to tell yourself, no matter what happens I will find a solution.

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