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Accountability Means Letting People Criticize You.html
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<p>![[Naval-Ep39.mp3]]</p>
<p>You have to stick your neck out and be willing to fail publicly</p>
<p>
<strong>Nivi:</strong> We finished discussing the tweetstorm. We’re going
to spend some time on Q&A and discussing tweets that didn’t make it
into the “<a href="https://twitter.com/naval/status/1002103360646823936"
>How to Get Rich</a
>” tweetstorm. My first question: What are some common failures or things
people typically do wrong when they try to apply this advice?
</p>
<p>
<strong>Naval:</strong> A lot of people don’t understand what specific
knowledge is or how to “obtain” it. People don’t understand what
accountability entails. They think accountability means being successfully
accountable. No—it means you have to stick your neck out and fail
publicly. You have to be willing to let people criticize you.
</p>
<p>
One of the reasons I’m less active on Twitter lately is because every
tweet summons an army of nitpickers and haters. It gets exhausting. You
have to learn to ignore them, or you won’t survive on Twitter.
</p>
<p>
A lot of people try to reconcile this by asking, “Should I quit my 9-to-5
job or not?” That can be a hard decision. You don’t need to go to that
extreme. You can start applying accountability, leverage and specific
knowledge within your existing career. You don’t necessarily need to fork
off and do something else completely different.
</p>
<p>
<strong
>The most interesting parts should be the ones you disagree with</strong
>
</p>
<p>
People will use my advice as a way to agree and disagree with their
existing biases. They’ll say, “I agree with that part,” and, “That part
you’re completely wrong.” The most interesting tweets should be the ones
you disagree with—because clearly I’ve proven I know a few things. If you
disagree with it, maybe that’s an area where you can improve your
thinking. I improve my thinking all the time.
</p>
<p>
In this tweetstorm I put down the minimum-viable principles. I shared only
a small slice of what I’ve learned about how to make money; because 90% of
it is suspect.
</p>
<p>
I put down the bedrock, the stuff I’m sure about. I have not yet seen a
tweet successfully contradicting anything in this tweetstorm that would
cause me to say, “I got that one wrong.”
</p>
<p><strong>Get the free leverage that’s available in tech</strong></p>
<p>
Some people will say, “This only applies to tech entrepreneurs.” I
disagree. The
<a href="https://nav.al/laborer-tech">real estate example</a> was a good
one in that regard.
</p>
<p>
Technology drives leverage—so I’m going to push you in a tech direction to
get that free leverage. Obviously, this message is being delivered through
the Internet, so it’s going to have a pro-Internet bias.
</p>
<p>
<strong
>Don’t refuse to do things just because others can’t do them</strong
>
</p>
<p>
Some people believe it’s unfair to do anything with the opportunities they
have because others don’t have the same opportunities. With a defeatist
attitude like that, why even get out of bed in the morning? Ninety percent
of people are dead.
</p>
<p>
Many people live on a dollar or less a day. Do you? No. You play the hand
you’re dealt to the best of your ability. Then you can take the
winnings—the pot from that hand—and do whatever you want with it to fix
the world.
</p>
<p>
But if you refuse to do things just because others can’t do them, you are
living in denial. It’s an excuse to do nothing.
</p>
<p>
<strong>Realize your philanthropic vision by running a business</strong>
</p>
<p>
Others believe wealth creation is fundamentally at odds with an
environmentally healthy planet. They view it as a giant zero-sum game.
That’s a false narrative, too. Elon Musk is not playing a zero-sum game
with the environment; there are plenty of entrepreneurs like him.
</p>
<p>
There is a word environmentalists love: <em>sustainability</em>. If
nothing else, for-profit businesses are financially sustainable. You can
do a <a href="https://bcorporation.net/">B Corporation</a>, which has a
dual mission.
</p>
<p>
Many non-profit efforts would be better off as for-profit companies. They
wouldn’t have to beg for grants. They would be financially sustainable.
Some great founders realize their philanthropic visions by running a
business.
</p>
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