38 Weeks to Get Rich
Welcome to the “38 Weeks to Get Rich”, where each week we’ll break down a section from Naval’s iconic tweetstorm and interviews on the topics of wealth, freedom, money, status, and happiness.
The full PDF is available here.
What follows is my summary & key takeaways to help you digest the 127 page document.
Week 11: Pick Partners With Intelligence, Energy and Integrity
Picking partners with high intelligence, energy and integrity is the three-part checklist that you can’t compromise on.
Smart, Hard Working, & Integral.
You need someone who is smart, or they’ll head in the wrong direction. Everyone is smart at different things. So, depending on what you want to do well, you have to find someone who is smart at that thing.
You need someone high-energy because the world is full of smart, lazy people.
And then high integrity is the most important because otherwise you have a smart and hard working crook, who’s eventually going to cheat you.
Motivation has to come intrinsically.
You want to partner with people who are naturally going to do the things that you want them to do. It will only slow you down if you have to keep people motivated. Find people who are naturally motivated to do what you need.
Integrity is what someone does, despite what they say they do.
Reading signals is very, very important. Signals are what people do despite what they say. So, it’s important to pay attention to subtle signals. We all know that socially if someone treats a waiter, or waitress in a restaurant really badly, then it’s only a matter of time until they treat you badly.
If somebody screws over an enemy, and is vindictive towards them, well it’s only a matter of time before they redefine you from friend to enemy, and you feel their wrath. So, angry, outraged, vindictive, short-term thinking people are essentially that way in many interactions in real life.
People are oddly consistent. That’s one of the things you learn about them. So, you want to find long-term people. You want to find people who seem irrationally ethical.
It’s also important that you be smart, and high energy, and integral.
Self- esteem is the reputation that you have with yourself.
So, good people, moral people, ethical people, reliable people, tend to have very high self-esteem because they have very good reputations with themselves.
It’s not ego. Self-esteem and ego are different things. Because ego can be undeserved, but self-esteem at least you feel like you lived up to your own internal moral code of ethics.
Generally, the more someone is saying that they’re moral, ethical, and high integrity, the less likely they are to be that way. If you openly talk about how honest, reliable, and trustworthy you are, you’re probably not that honest and trustworthy. That is a characteristic of con men.
Next week we’ll cover chapter 12, and discuss the importance of Partnering With Rational Optimists.
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