Decision-Making Flashcards
1
Q
How does Naval suggest making decisions effectively?
A
Use a long-term lens, prioritize time over money, and avoid ego-based decisions.
2
Q
What is Naval’s advice on saying “no”?
A
Say “no” to almost everything to focus on what truly matters and aligns with your goals.
3
Q
What does Naval say about the importance of taking asymmetric risks?
A
Asymmetric risks have low downside but high potential upside, making them worth pursuing.
4
Q
How should you decide what to work on?
A
Work on what feels like play to you but looks like work to others—your natural talent.
5
Q
What does Naval mean by “play long-term games with long-term people”?
A
Building trust and relationships with aligned individuals leads to lasting success.
