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.
People often tell me they can't deal with the longer-term strategic issues because they have too many pressing issues they need to solve right away. But rushing into ad hoc solutions while kicking the proverbial can down the road is a "path to slaughter." Those who are most effective constantly feel the tug of the strategic path while dealing with their tactical choices because they worry about not getting to their ultimate goals.