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Naval Ravikant

04/01/25

@ Chris Williamson

When evaluating a business, I can identify if it's likely to succeed based on the entrepreneur's motivations. If they're in it for the wrong reasons, they're unlikely to win.

Video

44 Harsh Truths About Human Nature - Naval Ravikant (4K)

@ Chris Williamson

44 Harsh Truths About Human Nature - Naval Ravikant (4K)

04/01/25

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When assessing a startup, I look for the founder's passion and resilience, as these traits are crucial for overcoming challenges in building a company.

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The most effective entrepreneurs are those who are intrinsically motivated and believe they are doing good, which can lead to defeating those who are purely profit-driven.

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My business criteria for new ventures is to ensure there is a large market and capable competitors, as this indicates a viable opportunity for success.

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To assess if a company can generate revenue, I look at whether the entrepreneur can sell the product or if someone on my team can help them sell it.

Dalton Caldwell

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Founders who are intrinsically motivated tend to win in the long run, even if those motivated by external factors seem to succeed earlier.

Sam Altman

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Founders need to have a sensible business model in mind, as being unable to answer how they will make money is a bad sign.

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I can identify if an entrepreneur is delusional or misleading by asking the right questions during our discussions.

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I believe that the ability to overcome profound challenges in the past is a strong indicator of future success for entrepreneurs.

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Your 'why' will help you endure the tough times in entrepreneurship; without a powerful reason, you may not stick it out.