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.

Work Principle

Learn about your people and have them learn about you through frank conversations about mistakes and their root causes.

You need to be clear in conveying your assessments to your reports and openminded in listening to their replies so you can work on setting their training and career paths together. Recognizing and communicating people's weaknesses is one of the most difficult things managers have to do. It's important for the party receiving feedback to be sympathetic to the person trying to give it, because it's not easy--it takes character on the part of both participants to get to the truth.

Work Principle

Find a Meaningful Principle for You

Learn to get more of what you want out of life.

Life Principles

Work Principles

Please review our
Privacy Policy and Terms of Service
, which will go into effect on
. By continuing to use this site or our products or services, you agree to our
Terms of Service and acknowledge that you have read our Privacy Policy.