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
Getting the right people in the right roles in support of your goal is the key to succeeding at whatever you choose to accomplish.
Whether it's in your private life or your work life, it is best for you to work with others in such a way that each person is matched up with other complementary people to create the best mix of attributes for their tasks.
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The best teams embrace strengths and weaknesses, filling gaps and amplifying collective strength.
When you have lots of data about what people are like, and great rules for finding who will fit well in what roles, you will have a tremendous competitive advantage.
amazing book, made my path much clearer.
I’m glad the book made your path much clearer. If you liked that book you will live Principles in Action which is a free app on the Apple App Store because it connects principles with videos of actual cases of those principles in action. People love it. Alternatively, if you want a quick (30 minute) and entertaining version of Principles be sure to see the animated video Principles for Success here (link).
Life Principle
- Understand That People Are Wired Very Differently
Getting the right people in the right roles in support of your goal is the key to succeeding at whatever you choose to accomplish.
Any person or organization can adopt Principles to better achieve their goals.
Learn what Principles are and how they are applied at Principles.com
