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.
In 1975, Ray Dalio founded Bridgewater Associates, out of his two-bedroom apartment in New York City. Over forty years later, Bridgewater has grown into the largest hedge fund in the world and the fifth most important private company in the United States (according to Fortune magazine), and Dalio himself has been named to TIME’s list of the 100 most influential people in the world. Along the way Dalio discovered unique principles that have led to his and Bridgewater’s unique success. It is these principles, and not anything special about Dalio, that he believes are the reason behind whatever success he has had. He is now at a stage in his life that he wants to pass these principles along to others for them to judge for themselves and to do whatever they want with them.
Life Principle
Great planners who don't execute their plans go nowhere.
You need to push through and that requires self-discipline to follow your script. It's important to remember the connections between your tasks and the goals that they are meant to achieve. When you feel yourself losing sight of that, stop and ask yourself "why?" Lose sight of the why and you will surely lose sight of your goals.
RECENT USER EXCHANGES
A brilliant summation—this approach has clarified my thinking and helped me sustain progress across all areas.
I’m so glad that it is making such a difference in your life. Given how this regular use of these principles is helping you, I recommend that you use the “Principles in Action” app which is free on iOS Apple App Store. People who are into this stuff love tell me it’s life changing (it has a 4.9 rating). Also please pass along what has helped you to others to help them.
It’s easy to overplan until execution breaks down. If a plan isn’t easy to understand, it won’t work. Simplicity is key. Start with a clear goal and build the simplest plan to achieve it.
I suggest reading my principle “Remember that a good plan should resemble a movie script” which explains what has worked best for me.
Any advice to stay excited about the day to day journey?
To stay excited about one’s journey one has to periodically step back from the day to day steps and to see where one is headed that one is exited about and to savor the journey of ups and downs to get there.
Life Principle
- Use the 5-Step Process to Get What You Want Out of Life
- Push through to completion.
- Great planners who don't execute their plans go nowhere.
- Push through to completion.
Any person or organization can adopt Principles to better achieve their goals.
Learn what Principles are and how they are applied at Principles.com
