Hello there and welcome to this week's edition of 10x your mind. If you're new here, thank you for joining, and welcome aboard! 🙌 For the past 96 weeks, I have been writing this newsletter every Thursday and will continue to do so. Hope you enjoy reading them as much as I enjoy writing them. This week, I want to share with you a learning that changed my perspective on luck. Happy reading.
Prachi I'm reading the Almanack right now and my goodness.. Naval is a genius. These types of luck seem to be connected to an idea he loves talking about, which is compound returns. He doesn't just say that we can see compound returns in investments, but in people and in our own expertise. The more we develop a relationship with someone, the higher the compound "interest" we get from the relationship. This blew my mind the other day. Kind of makes sense for these four stages of luck. The more expertise you have, the better you are at spotting little details in your line of work, for example. Thanks for this article.
Prachi I'm reading the Almanack right now and my goodness.. Naval is a genius. These types of luck seem to be connected to an idea he loves talking about, which is compound returns. He doesn't just say that we can see compound returns in investments, but in people and in our own expertise. The more we develop a relationship with someone, the higher the compound "interest" we get from the relationship. This blew my mind the other day. Kind of makes sense for these four stages of luck. The more expertise you have, the better you are at spotting little details in your line of work, for example. Thanks for this article.