The Almanack of Naval Ravikant: Lessons to Transform Your Life

Faizal Sheriff
4 min readJan 12, 2025

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I used to think that the key to a successful life was to follow the formula society laid out for me: work hard, stay disciplined, and aim for financial stability. But as I navigated through the complexities of life, I realized that the traditional education system and societal expectations only provide part of the equation. Real success — true fulfillment — requires something deeper.

This is where Naval Ravikant, the celebrated entrepreneur and thinker, comes into the picture. Naval has spent years unraveling the mysteries of wealth, happiness, and personal growth. His insights aren’t about quick fixes or superficial hacks; they’re about mastering the fundamentals of life and thriving on your own terms.

Let me take you on a journey through the lessons I’ve learned from Naval’s wisdom — a journey that has changed the way I think, act, and approach life.

Success Is More Than Hard Work

We’ve all been told that hard work is the ultimate key to success. But let’s be real: you can grind hard at the wrong thing and still find yourself stuck. Working tirelessly at a $20/hour job won’t lead to financial freedom. So, what’s the alternative?

Naval teaches us that working smart trumps working hard. True wealth comes from:

1. Owning a piece of the pie: Whether it’s a business you start, equity in a company, or intellectual property, creating something scalable is the path to wealth.

2. Avoiding the trap of trading time for money: Most salaried jobs will never make you truly wealthy. Create assets that generate income while you sleep.

3. Becoming exceptional: Average efforts yield average results. Develop rare, in-demand skills and become so good that no one can ignore you.

4. Authenticity over competition: Competing with others is exhausting. Instead, play the game that only you can win by being uniquely you.

Judgment: The Hidden Superpower

One of the greatest lessons I’ve learned is the importance of judgment. Judgment is about making decisions with wisdom and clarity. And here’s the truth: judgment is more valuable than sheer knowledge.

Good judgment requires:

1. Mastering the basics: You can’t build skyscrapers without solid foundations. In any field — whether it’s marketing, coding, or relationships — master the core principles.

2. Seeking diverse perspectives: When we’re emotionally invested in something, our judgment gets cloudy. Surround yourself with people who challenge your thinking and give honest feedback.

3. Choosing long-term gains over short-term wins: Success often requires sacrifices today for rewards tomorrow. It’s not easy, but it’s always worth it.

Happiness: A Choice, Not a Destination

Happiness is one of life’s biggest puzzles, isn’t it? Naval’s take on happiness blew my mind:

“Happiness is the absence of desire.”

Think about it. We often feel unhappy because we’re chasing something we don’t yet have. But what if we could minimize those desires and find contentment in the present moment?

Here’s how you can cultivate happiness:

• Stop competing with others: Life is not a race. The moment you stop comparing yourself to others, you’ll feel a weight lifted off your shoulders.

• Reduce screen time: Social media fuels unnecessary desires and competition. Limit your exposure and focus on what truly matters.

• Practice gratitude: Every day, remind yourself of the things you’re thankful for. It’s a simple habit that shifts your mindset.

The Purpose of Life Is Yours to Define

Let’s address the elephant in the room: What’s the purpose of life?

No one — not a philosopher, or a self-help guru — can answer this question for you. Why? Because the purpose of life is deeply personal. It’s something you must define for yourself. If you are religious person your purpose can be driven from there

Start with your core values. What do you stand for? Honesty, creativity, freedom — whatever it is, let these values guide your decisions and give your life meaning.

Focus on the Present

Here’s a reality check: The past is gone, the future is uncertain, and the only thing that truly exists is the present moment. Yet, how many of us live distracted, multitasking, and worrying about things that don’t matter?

By practicing mindfulness and focusing on the present, you’ll find clarity in your decisions and peace in your mind. Naval calls this the power of awareness — being fully engaged in the here and now.

The Key to Growth: Take Action

Let’s be honest: reading this blog won’t change your life unless you take action. Motivation is fleeting — it’s what gets you started, but it’s not enough to keep you going.

What will make the difference is commitment. Commit to improving yourself, one small step at a time. Start that business. Build that skill. Take care of your mental and physical health.

Final Thoughts

If there’s one thing I’ve learned from Naval Ravikant, it’s this: life is a single-player game. You’re not here to live someone else’s story or chase someone else’s dreams. You’re here to write your own.

By focusing on what truly matters — wealth creation, happiness, mindfulness, and growth — you can unlock a life of meaning and fulfillment.

So, take a moment. Reflect on your life. And ask yourself:

• What am I chasing?

• What truly matters to me?

• How can I start living authentically today?

The journey won’t be easy, but trust me, it will be worth it.

Let’s build the life we deserve — one intentional step at a time.

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Faizal Sheriff
Faizal Sheriff

Written by Faizal Sheriff

Love coding, bootstrapping businesses, artist at heart, traveling at leisure

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