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.

Life Principle

Don't mistake the trappings of success for success itself.

Achievement orientation is important, but people who obsess over a $1,200 pair of shoes or a fancy car are very rarely happy because they don't know what it is that they really want and hence what will satisfy them.

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Please explain your definition of success.

To me, success means having the life you want to have. It is best judged by how you feel about your life when you look back on it at the end of it.

How do you define success?

There is no definition of success that’s true for everyone. It’s like taste in food - it’s a matter of personal preference. One needs to deeply understand oneself and what one is really going after to define what success is. It is of course a mix of things balancedwell - great relationships, great work, a certain amount of money and freedoms to get what one wants and needs, fun, status, anonymity power, peace, satisfying ones curiosity, etc. The batch of words I just gave you plus others that come to your mind are good ones to look at and then put into prioritize. I also suggest that you do some personality tests (like Myers-Briggs, the Enneagram, etc.) to learn more about your preferences. Btw, I’m in the process of putting together a comprehensive personality tests with the help of some of the worlds best experts on such tests that I will make available for free. Btw, if you haven’t gotten and read my simple but powerful book “Principles for Success” and done the Life Arc exercise at the back, I urge you to do that because people have told me that it helped them to get clarity about what you are asking about how to fine success.

How do you figure out what you want in life?

One needs to deeply understand oneself and what one is really going after to define what success is. It is of course a mix of things balancedwell - great relationships, great work, a certain amount of money and freedoms to get what one wants and needs, fun, status, anonymity power, peace, satisfying ones curiosity, etc. The batch of words I just gave you plus others that come to your mind are good ones to look at and then put into prioritize. I also suggest that you do some personality tests (like Myers-Briggs, the Enneagram, etc.) to learn more about your preferences. Btw, I’m in the process of putting together a comprehensive personality tests with the help of some of the worlds best experts on such tests that I will make available for free. Btw, if you haven’t gotten and read my simple but powerful book “Principles for Success” and done the Life Arc exercise at the back, I urge you to do that because people have told me that it helped them to get clarity about what you are asking about how to fine success.

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