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.
Principles are like laws--you can't break one simply because you and someone else agree to break it. Remember that it's everyone's obligation to speak up, own it, or get out. If you don't think the principles provide the right way to resolve a problem or disagreement, you need to fight to change the principles, not just do what you want to do.