Accountability Means Letting People Criticize You
Naval
Naval Ravikant
4.8 • 2.4K Ratings
🗓️ 21 June 2019
⏱️ 4 minutes
🧾️ Download transcript
Summary
Misunderstanding accountability, and other mistakes on the path to creating wealth.
• Accountability means letting people criticize you 0:00
• The most interesting parts should be the ones you disagree with 1:06
• Get the free leverage that's available in tech 1:53
• Not doing things because other people can't do them is living in denial 2:21
• Realize your philanthropic vision by running a business 2:54
Transcript: http://nav.al/common-mistakes
Transcript
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| 0:00.0 | We've finished discussing the tweet storm and we're going to spend some time on Q&A |
| 0:04.8 | and discussing some of the tweets on the cutting room floor that didn't make it into the tweet storm. |
| 0:10.8 | My first question is, do you think there are some common failure modes or typical things that |
| 0:16.3 | people do wrong when they're trying to apply this advice? A lot of people don't understand what |
| 0:21.6 | specific knowledge really is or how to quote and quote obtain it. People don't understand what |
| 0:26.8 | accountability really entails. They think that accountability means being successfully |
| 0:32.1 | accountable. No, it means that you have to stick your neck out and fail with your name out |
| 0:36.2 | there publicly and be willing to let people hate on you. One of the reasons I'm less active |
| 0:40.5 | in Twitter lately is because every tweet, someone's an army of nitpickers and haters and it gets |
| 0:45.9 | exhausting. But on the other hand, you have to learn how to ignore them. Otherwise, you can't |
| 0:49.6 | survive on Twitter. A lot of people try to reconcile it with, like, should I quit my nine to five job |
| 0:55.2 | or not? That can be a very hard decision. I don't think you need to go that extreme. You can start |
| 0:58.8 | applying accountability and leverage and specific knowledge even within your existing career. |
| 1:03.6 | It doesn't have to necessarily be fork off and do something else completely. A lot of people will |
| 1:09.7 | use it as a way to agree and disagree with their existing biases. They'll say, oh yeah, |
| 1:14.1 | agree with that part or that part you're completely wrong. The most interesting parts should be the |
| 1:18.5 | ones that you disagree with because clearly, I've proven that I know a few things. So if you disagree |
| 1:24.0 | with it, then maybe that is an area where you can improve your thinking. I've definitely improved my |
| 1:29.0 | thinking all the time, but I will tell you that in this tweet storm, I put down the minimum viable |
| 1:33.9 | principles. I did not put down the whole universe of what I know about how to make money because 90% |
| 1:39.8 | of it is suspect. I put down the bedrock, the stuff that I'm pretty solidly sure about. And I have |
| 1:45.6 | not yet seen a tweet that has successfully contradicted anything in this tweet storm. That would |
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