Sunday, September 30, 2018

Principles to be successful, by Ray Dalio

My favorite excerpt from an Business Insider's interview with Ray Dalio:
https://www.youtube.com/watch?v=5C43i3yclec&feature=youtu.be



"Simple in one sentence, what I want is meaningful work and meaningful relationships through radical truthfulness and radical transparency because they reinforce each other.

And that's what's worked for me (Ray Dalio) if you're on a mission to do wonderful things understand the world and try to do great jobs together and you're tough with each other but also develop those meaningful relationships so you feel like you're sharing each other's lives and you're committed to that mission.

That's very powerful, but the radical truthfulness so that you don't - not BSing it at each other and you know really what's going on and your could be totally straightforward in terms of even lookingat people's weaknesses and their mistakes so that you can learn from those.

So that radical truthfulness and that radical transparency so people can
see things themselves to me is a has been a miracle formula...."

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