Work as hard as you can

This is a transcript of Naval's video on hard work:

https://www.youtube.com/watch?v=OwHeBvU6oEg

Used a service from @natmod to get YouTube video transcriptions. Really smooth. For a 5 minute video, it took just 20 seconds.

So let's talk about hard work.

There's this battle that happens on Twitter a lot between should you work hard and should you not. Like David Houser's on there saying, it's like you're slave driving people. And Keith Raboi is always on there saying like, no, all the great founders work their fingers to the bone. And they're talking past each other. First of all, they're talking about two different things. David is talking about employees in a lifestyle business, which is fine.

Your number one thing in life, if you're doing that, is not getting wealthy. You have a job, you also have your family, you also have your life. But Keith is talking about the Olympics of startups. He's talking about the person going for the gold medal and trying to build a multi-billion dollar public company. That person has to get everything right. They have to have great judgment. They have to pick the right thing to work on. They have to recruit the right team. And they have to work crazy hard because they're basically engaged in a competitive sprint. So if getting wealthy is your goal, you are going to have to work as hard as you can. But hard work is absolutely no substitute for who you work with and what you work on.

What you work on is probably the most important thing. Finding product, market, founder fit, to expand on Marc Andreessen's definition, he came up with product market fit, but I would add product market founder fit, which is how well you are personally suited to that business. The combination of that three, that should be your overwhelming goal.

And you can save yourself a lot of time if you pick the right area to work in. Picking the right people to work with is the next most important piece. And then third comes how hard you work. But they're like three legs of a stool. If you shortchange on any one of them, the whole stool's gonna fall down. So it's not like you can pick one over the other that easily. So the order of operations when you're building a business is, or even building your career, is first figure out what should I be doing? What is something where there is a market that is emerging, there's a product that I can build that I'm excited to work on, and something where I have specific knowledge and I'm really into it. And then second, surround yourself with the best people possible. And no matter how high your bar is, raise your bar. Because you can never be working with other people who are great enough. If there's someone greater out there to work with, you should go work with them.

I advise a lot of people who are looking at which startup to join in Silicon Valley, I say basically pick the one that's going to have the best alumni network for you in the future. Look at the PayPal mafia. They work with a bunch of geniuses, so they all got rich. So just try and pick based on the highest intelligence, energy, and integrity people that you can find.

And then finally, once you've picked the right thing to work on and the right people to work with, then you work as hard as you can. This is where the mythology gets a little crazy. People work 80, 120 hour weeks. A lot of that's just status signaling. It's showing off. Nobody really works 80 to 120 hours a week sustained at high output with mental clarity. Your brain breaks down. You just won't have good ideas.

So really the way people tend to work most effectively, especially in knowledge work, is they sprint as hard as they can while they're working on something and they're inspired and they're passionate. And then they rest, they take long breaks. It's more like a lion hunting and much less like a marathon runner running.

So you sprint, then you rest, you reassess, and then you try again. And what you end up doing is you end up building a marathon of sprints. Nibi just made the point to me on the side that inspiration is perishable, which is a very good point.

When you have your inspiration, do it right then and there.

This happens to me a lot with my tweet storms. I've actually come up with a whole bunch of additional tweet storms besides the ones that are already out there, but sometimes I just hesitate or I just pause and then it just dies. And what I've learned is if I'm inspired to write a blog post or to publish a tweet storm, I should probably do it right away. Otherwise, it's not gonna get out there. I won't come back to it.

So inspiration is a beautiful and powerful thing. And when you have it, just seize it. So people talk about impatience. When do you know to be impatient? When do you know to be patient? My glib tweet on this was "impatience with actions and patience with the results". And I think that's actually a good philosophy for life.

Anything you have to do, just get it done. Why wait? You're not getting any younger. Your life is slipping away. You don't wanna spend it waiting in line. You don't wanna spend it traveling back and forth. You don't wanna spend it doing things that you know ultimately aren't part of your mission. And when you do them, you want to do them as quickly as you can while you do them well with your full attention. But then you just have to give up on the results. You have to be patient with the results because you're dealing with complex systems. You're dealing with lots of people. It takes a long time for markets to adopt products. It takes time for people to get comfortable working with each other. It takes time for great products to emerge as you polish away, polish away, polish away.

So impatience with actions, patience with results. And as Nivea said, inspiration is perishable. So when you have inspiration, act on it right then and there. If I have a problem that I discover in one of my businesses that needs to be solved, I basically won't sleep until at least the resolution is in motion.

And this is just a personal feeling, but if I'm on the board of a company, I'll call the CEO. If I'm running the company, I'll call my reports. If I'm responsible, I'll get on there right then and there and solve it. If I don't solve a problem, the moment it happens, or I don't start moving towards solving the moment it happens, I have no peace. I have no rest. I have no happiness until that problem is solved. So solve it as quickly as possible. I literally won't sleep until it's solved. Maybe that's a personal characteristic, but it's worked out well in business.

nice!