Naval weaponizes selectivity as his defense against the modern world’s infinite demands. Where others get overwhelmed by opportunity, he gets ruthless about his choices.

His selectivity starts with what he wants. “Desire is a contract you make with yourself to be unhappy until you get what you want.” Most people unconsciously sign thousands of these contracts. Naval chooses his desires very carefully. “I try not to have more than one big desire in my life at any given time.” This creates focus through elimination.

Protecting his time requires extreme measures. “The only way to do that is to constantly, and ruthlessly, decline meetings.” He treats meetings like bad investments: the downside is guaranteed, the upside unlikely. “I used to have a tough time turning people down for meetings. Now I just tell them outright, ‘I don’t do non-transactional meetings.‘”

His selectivity extends to choosing companions. “Choose your five chimps carefully.” He guards these relationships like scarce resources because “you have very little room in your life long-term for real relationships.” Being discriminating with his time paradoxically makes others want to hang out with him more.

The key insight: life phases require different strategies. Early careers demand exploration; later success demands exploitation. “Later in your careerwhen you’re exploiting, and there are more things coming at you than you have time foryou have to ruthlessly cut meetings out of your life.” Naval operates in permanent exploitation mode, which means “by default saying no to everything.”

“I think you have to be pretty ruthless about saying no to things, about turning people down, and about leaving room in your life for serendipity.”

This creates a paradox: saying no creates space for better yeses. “You need to have time space in your life where you’re not booked with the people that you already know. This way, once in a blue moon, an invitation will come along, and a person will come into your life that’s suddenly really interesting.” His selectivity generates compound returns in relationships and opportunities.

Naval’s ultimate selectivity principle: “Guard your time. Forget the money.” Money can be replaced; time cannot. His ruthlessness with small decisions creates freedom for big ones.