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Keynotes from @SeanDeLaney23 Solo Episode - Rational Thinking with @RayDalio.
Is ego and emotion blinding us from the truth?
" Principles are techniques to develop and navigate life, and find effective solutions."
Life principles of @RayDalio
Is ego and emotion blinding us from the truth?
" Principles are techniques to develop and navigate life, and find effective solutions."
Life principles of @RayDalio
How to develop systematic timeless universal principles that help to manage risk in an effective way?
1// Write down every encounter you face that could be lost a job, disagreement, can't keep commitments etc., try to develop your principles around these interactions.
"To create principles is to write all the interactions- handle, manage and update it."
"To create principles is to write all the interactions- handle, manage and update it."
2// Record why you make certain decisions and check in the reasoning behind.
Whenever you're about to make a big decision, write a letter to yourself explaining why you're making this decision and the framework of it.
Whenever you're about to make a big decision, write a letter to yourself explaining why you're making this decision and the framework of it.
3// The hardest step is to understand what you want to get out of life.
" Achieving a goal is not just moving forward, make the best of the situation knowing that you will be rewarded no matter what the outcome.
" Achieving a goal is not just moving forward, make the best of the situation knowing that you will be rewarded no matter what the outcome.
4// Think of problems like puzzles you need to slove. Learn how to embrace reality and deal with it.
Everyone makes mistakes and everyone has a weakness, what differentiates people is their approach to handle it.
Everyone makes mistakes and everyone has a weakness, what differentiates people is their approach to handle it.
5// " There is an incredible beauty in making mistakes because each mistake is a puzzle that we learn from solving it."
Figure out what you want to get in life and what is the best way of learning it.
Figure out what you want to get in life and what is the best way of learning it.
6// " Evolution is the single greatest force in our universe the only permanent thing that drives everything."
Evolving is life's greatest accomplishment and reward.
Evolving is life's greatest accomplishment and reward.
7// Being great is not about having answers in mind its about learning how to deal with your impediments so that they aren't impediments in future.
When something goes wrong take responsibility and hold yourself accountable.
When something goes wrong take responsibility and hold yourself accountable.
8// The one quality those who make the right decision have is the ability to get oneself to do the difficult task that produce the desired results.
9// Meaningful work and relationship are surrounded by people who have like-minded goals and are always trying to go further in life.
10// Successful people are capable of high-level thinking, they step back and design the machine consisting of the right people doing the right things.
Five steps process to get what you want out of life @RayDalio
1/ Have clear goals
It is one of the difficult steps to decide what you want. Identify what you want in life.
Focus on the core idea that drives you, and your business.
1/ Have clear goals
It is one of the difficult steps to decide what you want. Identify what you want in life.
Focus on the core idea that drives you, and your business.
2/ Do not tolerate the problems that stand in the way of achieving the goals.
The more powerful and the more painful a problem, the louder its impact on you. Embrace it.
The more powerful and the more painful a problem, the louder its impact on you. Embrace it.
3/ Accurately diagnose the problems to get at their root cause.
Focus on what the problem is before deciding what to do about it.
Focus on what the problem is before deciding what to do about it.
4/ Design plans that will get you what you want.
Think about problems as a set of outcomes produced by machine.
There are many paths to achieve goals, identify the one that works for you.
Think about problems as a set of outcomes produced by machine.
There are many paths to achieve goals, identify the one that works for you.
5/ Implement good work habits and drive the design machine through the result.
11// One must recognise the two barriers - Ego and Blindspot.
People who adopt this philosophy train their brains to work in a way that doesn't come naturally.
People who adopt this philosophy train their brains to work in a way that doesn't come naturally.
12// Learn how to make decisions effectively. Create your repeatable system and describe the process clearly so that others can use the same quality decisions under the same circumstance.
