hwabro.blogg.se

From that point on, base your behavior on your reality throughout life which includes making mistakes and learning from them. His first and most important principle is to keep an open mind as you decide what you want for yourself and to base it on what is true (reality). Ray Dalio takes a deep dive into the concept of principles, using his personal journey of learning to achieve success as the starting point. They are the foundation on which behavior is based as people try to get what they want out of life. Principles are operating guidelines, so to speak. How respecting everyone's opinion equally has changed his business and life. Applying life principles in an organizational setting, creating a culture in which everyone understands that mistakes are opportunities for learning.The idea meritocracy consists of radical truth, radical transparency and believability-weighted decision-making.The process of applying life principles to groups as work principles.Importance of owning outcomes, confronting weaknesses and making effective decisions.The principle of thoughtful disagreement in which people are guided by the fear of missing important perspectives.How to develop personal principles by studying cause-effect relationships and patterns and embracing reality.A process for systemized learning from mistakes.Importance of accepting that people are wired differently.

Being a hyperrealist means appreciating the beauty of realities, even when they are harsh.Dreams plus reality plus determination equals a successful life.Getting past the pain of mistake-making and using mistakes opportunities for learning drives success.It is important to develop a process for working through disagreements and learning to recognize and admit when wrong.People learn decision-making skills from encounters with reality in which choices are made and consequences experienced, and it is a lifelong learning process.Basing your principles on truths is crucial to reaching goals.Principles are the fundamental truths that serve as the foundation for behavior, enabling you to get what you want out of life.