This week I sat down to set goals for the new year. After reading a few people’s year-in-review posts, I realized that while I have and re-read daily my long-term mission and visions, I have not set annual goals in a very long time. So, I sat down to come up with a few performance…
Productivity
Ray Dalio’s 5-Step Process for Getting What You Want Out of Life
The biggest lesson from Ray Dalio’s Principles book is that failure leads to learning which leads to success. Success is an evolutionary process that starts with trying something new, experiencing pain, and learning from it. This formula summarizes it best: Pain + Reflection = Progressย He goes even further than this with a 5-Step Process…
Personal Productivity: Principles vs. Procedures
Ray Dalio’s book, Principles, is having a big influence on me. I am enjoying the process of writing out my own principles in an Evernote document I have labeled “@Principles.” Years ago I started doing something similar with procedures. I started documenting the step-by-step checklists I used to accomplish recurring tasks. For example, when I…
“Another One of Those” (Ray Dalio’s Principles)
One of the many repeated phrases in Ray Dalio’s Principles is “another one of those.” The idea is that every day you come across opportunities to make decisions that are just “another one of those.” In other words, there are situations that are similar to experiences you have encountered in the past and, therefore, you…
The Two Paths to Success According to Ray Dalio
Ray Dalio writes in his book Principles: “There are two paths to success: 1) to have what you need yourself or 2) to get it from others.” (page 179) The first path means that you have a good mental map, which you have either learned or received as a blessing of exceptionally large common sense….