Black and white portrait of Ray Dalio: Narrator and Creator of Life Principles

Principles are ways of successfully dealing with reality to get what you want out of life.

Ray Dalio, one of the world’s most successful investors and entrepreneurs, cites principles as his key to success.

Work Principle

Daily Update Tool

For years, I have asked each person who reports to me to take about ten to fifteen minutes to write a brief email of what they did that day, the issues pertaining to them, and their reflections. By reading these updates and triangulating them (in other words, seeing different people's takes on what they are doing), I can gauge how they are working together, what their moods are, and which threads I should pull. Over the last few years, I've developed this into a software application that pulls these updates into a dashboard, which makes them much easier to track, record metrics, and respond to than dealing with dozens of separate email threads. It also allows people to easily provide helpful data--like their morale, how heavy their workload is, issues they want to escalate--on a daily basis. I and those I work with find this simple tool invaluable in helping us stay in sync. Also, at the company level, it provides valuable information for taking the daily pulse of what's going on (morale, workloads, specific issues, who is doing what, etc.).

Work Principle

Find a Meaningful Principle for You

Learn to get more of what you want out of life.

Life Principles

Work Principles

Please review our
Privacy Policy and Terms of Service
, which will go into effect on
. By continuing to use this site or our products or services, you agree to our
Terms of Service and acknowledge that you have read our Privacy Policy.