Eric-Jorgenson The-Almanack-of-Naval-Ravikant indd
What is your definition of retirement?
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Eric-Jorgenson The-Almanack-of-Naval-Ravikant Final
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- Did your motivation to earn money drop after you become financially independent
What is your definition of retirement?
Retirement is when you stop sacrificing today for an imagi- nary tomorrow. When today is complete, in and of itself, you’re retired. How do you get there? Well, one way is to have so much money saved that your passive income (without you lifting a finger) covers your burn rate. A second is you just drive your burn rate down to zero—you become a monk. A third is you’re doing something you love. You enjoy it so much, it’s not about the money. So there are multiple ways to retirement. The way to get out of the competition trap is to be authen- tic, to find the thing you know how to do better than anybody. You know how to do it better because you love it, and no one can compete with you. If you love to do it, be authentic, and then figure out how to map that to what society actually wants. Apply some leverage and put your name on it. You take the risks, but you gain the rewards, have ownership and equity in what you’re doing, and just crank it up. [77] B U I L D I N G W E A L T H · 79 Did your motivation to earn money drop after you become financially independent? Yes and no. It did in the sense the desperation was gone. But if anything, creating businesses and making money are now more of an “art.” [74] Whether in commerce, science, or politics—history remembers the artists. Art is creativity. Art is anything done for its own sake. What are the things that are done for their own sake, and there’s nothing behind them? Loving somebody, creating something, playing. To me, creating businesses is play. I create businesses because it’s fun, because I’m into the product. [77] I can create a new business within three months: raise the money, assemble a team, and launch it. It’s fun for me. It’s really cool to see what can I put together. It makes money almost as a side effect. Creating businesses is the game I became good at. It’s just my motivation has shifted from being goal-oriented to being artistic. Ironically, I think I’m much better at it now. [74] Even when I invest, it’s because I like the people involved, I like hanging out with them, I learn from them, I think the prod- uct is really cool. These days, I will pass on great investments because I don’t find the products interesting. These are not 100 percent-or-nothing things. You can start moving more and more toward that goal in your life. It’s a goal. 80 · T H E A L M A N A C K O F N A V A L R A V I K A N T When I was younger, I used to be so desperate to make money that I would have done anything. If you’d shown up and said, “Hey, I’ve got a sewage trucking business, want to go into that?” I would have said, “Great, I want to make money!” Thank God no one gave me that opportunity. I’m glad I went down the road of technology and science, which I genuinely enjoy. I got to combine my vocation and my avocation. I’m always “working.” It looks like work to others, but it feels like play to me. And that’s how I know no one can compete with me on it. Because I’m just playing, for sixteen hours a day. If others want to compete with me, they’re going to work, and they’re going to lose because they’re not going to do it for sixteen hours a day, seven days a week. [77] Download 1.8 Mb. Do'stlaringiz bilan baham: |
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