Entrepreneurs Book Club discussion

Principles: Life and Work
This topic is about Principles
43 views
Books to recommend > Principles: Ray Dalio

Comments Showing 1-1 of 1 (1 new)    post a comment »
dateUp arrow    newest »

Danny (dannywong) | 30 comments Mod
Just watched an interviewed on Youtube, it was too awesome to not recommend.

“The Steve Jobs of Investing”

Youtube Interview with Tony Robbins:
https://www.youtube.com/watch?v=uN7MN...

Stages of life:-
1. Depend on others
2. Others depend on you
3. Help others to be successful

Recipe book, if you encountered a situation, there are principles to help you make the best decisions and judgments to help you, you also need the courage to make them.

Ray came from failure to get to where he is today:
1. The power of mistakes
2. Pain + reflection = progress
3. Find the smartest people that disagree with you and triangulate.
4. Draw the best out of everyone in order to make the best decision

To be successful you need to have 5 things in a continuous loop:
Got to have goals -> Identify problems, failures -> Diagnose them and look at the root causes, notice the patterns ->Find out the design of what you going to do about it -> Push through to results.

Put your honest thoughts on the table for everyone to look at it. Know the art of thoughtful disagreement, how to work through to get a better answer, respectful disagreement. Deep relationships and honest truth to work through it together is very powerful.


back to top