Leverage is critical. Leverage; Archimedes famously said, “Give me a lever long enough and a place to stand and I will move the earth”.
-@ Naval Ravikant
There are three broad classes of leverage (labor, capital, and no marginal cost of replication).
-@ Naval Ravikant
The modern age is an age of leverage. We’re leveraged through machines, we’re leveraged through media, we’re leveraged through money, we’re leveraged through people working with us.
-@ Naval Ravikant
A leveraged worker can out-produce a non-leveraged worker by a factor of 1000 or 10,000.
-@ Naval Ravikant
We are now living in an age of nearly infinite leverage, and all the great fortunes are created through leverage.
-@ Naval Ravikant
Your first job is to go and obtain leverage, and you can obtain leverage through permission by getting people to work for you, or by raising capital.
-@ Naval Ravikant
Or you can get leverage permissionlessly by learning how to code or becoming good communicator and podcasting, broadcasting, creating videos, writing, etc.
-@ Naval Ravikant
As a worker you want to be as leveraged as possible so that your work has a huge impact and it won’t take as much of your time or physical effort. Like you’d rather work with a bulldozer than work with your hands, the same way you’d rather work a computer than you would with a pencil.
-@ Naval Ravikant
In an age of infinite leverage, judgement is the most important skill.
-@ Naval Ravikant
With a leveraged worker, the choice of how they make the decision is far more important, their judgment is far more important than how much time they put in or how hard they worked.
-@ Naval Ravikant
A good software engineer, just by writing the right little piece of code and creating the right little application, can literally create half a billion dollars’ worth of value for a company.
-@ Naval Ravikant
But 10 engineers working 10 times as hard, just because they choose the wrong model or the wrong product, or wrote it the wrong way or put in the wrong viral loop or what have you, they basically wasted their time.
-@ Naval Ravikant
The maximum leverage would mean that you would have people working for you. It would mean you would have a funding, you would have capital. It would mean that you’d be writing a book, it would mean that you’d be writing code and that you’d be building a media presence.
-@ Naval Ravikant
Code and media are permission less leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep.
-@ Naval Ravikant
Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.
-@ Naval Ravikant
Media travels and earns while you sleep. It searches the world for opportunities for you.Code is even better.
-@ Naval Ravikant
The robot army is already here – code lets you tell them what to do.
-@ Naval Ravikant
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