Eventually You Will Get What You Deserve
Naval
Naval Ravikant
4.8 • 2.4K Ratings
🗓️ 19 May 2019
⏱️ 4 minutes
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Summary
Apply specific knowledge with leverage and eventually you will get what you deserve.
• On a long enough time scale you will get paid 0:00
• What are you really good at that the market values? 1:59
Transcript: http://nav.al/deserve
Transcript
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| 0:00.0 | We're still talking about working for the long term. |
| 0:03.2 | The next tweet on that topic is apply specific knowledge with leverage and eventually you will get what you deserve. |
| 0:11.3 | I would also add to that apply judgment, apply accountability and apply the skill of reading. |
| 0:18.8 | This one is just a glib way of saying that it takes time. |
| 0:21.4 | Even once you have all these pieces in place, there is an indeterminate amount of time that you're going to have to put in. |
| 0:27.2 | If you're counting, you will run out of patience before it actually arrives. |
| 0:31.5 | You just have to make sure that you give these things a proper time. |
| 0:35.2 | Life is long. Charlie Munger had some line on this. |
| 0:37.8 | Somebody asked him about making money and he reinterpreted that and he said what the questioner is actually asking is, |
| 0:44.0 | how do I get rich like you but faster before I end up as an really old guy? |
| 0:48.4 | Everybody wants it immediately, but the world is an efficient place. |
| 0:52.3 | Immediate doesn't work. You do have to put in the time. |
| 0:54.4 | You do have to put in the hours. |
| 0:56.0 | I think you just have to put yourself in the position with the specific knowledge, |
| 0:59.7 | with the accountability, with the leverage, with the authentic skill set that you have to be the best in the world at what you do. |
| 1:06.8 | Then you have to enjoy it and just keep doing it and keep doing it and keep doing it and don't keep track and don't keep count. |
| 1:12.7 | Because if you do, you will run out of time. |
| 1:14.9 | I can look back at my career and the people two decades ago that I had identified as brilliant and hardworking but hadn't thought much more about it. |
| 1:23.9 | They're all successful now almost without exception. |
| 1:26.3 | On a long enough time scale, you do get paid but it can easily be 10 or 20 years. |
| 1:31.7 | Sometimes it's five and if it's five or three and a friend of yours got there, it can drive you insane. |
| 1:36.8 | But those are exceptions and for every winner, there's multiple failures. |
... |
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