Naval Ravikant’s advice to startup founders: “You only have to be right once” Naval reflects on how it took 13 years after starting his first startup before eventually succeeding with AngelList (valued at $4.1B in 2022). “Entrepreneurial ventures fail all the time. Most of my https://t.co/DFGJxP9VoL
For the aspiring entrepreneur, the lesson is that you don’t need to create the next billion-dollar company on the first try. The Super Founder’s path is all about having a passion for building and solving problems, taking the ups and downs in stride, and enjoying the road more than the destination. Of course, you shouldn’t build companies for the s
... See moreAli Tamaseb • Super Founders: What Data Reveals About Billion-Dollar Startups

The deadline for YC S24 is tomorrow. Here's why you SHOULD NOT APPLY TO YC:
YC seems like a reasonable proposition. They give you some money to help start your business, and they promise you access to a community of people that can help you along the way. In exchange, they don't ask for much. The standard YC deal is $500K for 7% equity. That doesn... See more
There is a large random factor in the success of any company. So the guys you end up reading about in the papers are the ones who are very smart, totally dedicated, and win the lottery.
Paul Graham • How to Make Wealth
“I want to live in a way that if my life played out 1,000 times, Naval is successful 999 times. He’s not a billionaire, but he does pretty well each time. He may not have nailed life in every regard, but he sets up systems so he’s failed in very few places.” – Naval
Morgan Housel • Makes You Think
The home run theory of careers:
What matters is eventually hitting a home run, and the way to do that is training hard and a lot of at-bats. You only have to be right once, and it's ok to be wrong a lot of times.
Be bold. Move fast. Work hard. Ignore haters. Keep swinging.