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Principles

Principles

by Ray Dalio

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Goal Setting

Everyone sets goals but yet only a little percentage of them completely achieve them cause most of us dont have a system to get to those goals. Anyone can achieve their goals once they implement this 5 step system by Ray Dalio.

Mindset

Most of us are limited by our mindset rather than abilities. Mostly we dont pursue bigger and harder goals cause we like to stay in our comfort zone and pursue something that is relatively easy to do and takes less time. That is why there is only one Steve Jobs, Bill Gates, or Elon musk. They did...

Problems

The next step is identifying the problems that limit you from achieving the selected goals. Most of us are afraid to highlight our weaknesses due to ego barriers and we like to blame instead of admitting. We find having weaknesses painful because society has taught us having weaknesses is a bad t...

Diagnose

Now is the time to diagnose those problems and work on them to solve them. To solve them first you have to reach the root cause of those problems. The best technique is the 5 why technique. After identifying problems dig into it up to five levels by asking a why question than relating them all.

Design

Now is the time to diagnose those problems and work on them to solve them. To solve them first you have to reach the root cause of those problems. The best technique is the 5 why technique. After identifying problems dig into it up to five levels by asking a why question than relating them all.

RAY DALIO

Replay the story of where you have been and what you have done that led up to where you are now, and then visualize what you and others must do in the future so you will reach your goals.

RAY DALIO

Designing precedes doing. The design will give you your to-do list.

Execute

The last step is to execute the designed solution.

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