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.
In 1975, Ray Dalio founded Bridgewater Associates, out of his two-bedroom apartment in New York City. Over forty years later, Bridgewater has grown into the largest hedge fund in the world and the fifth most important private company in the United States (according to Fortune magazine), and Dalio himself has been named to TIME’s list of the 100 most influential people in the world. Along the way Dalio discovered unique principles that have led to his and Bridgewater’s unique success. It is these principles, and not anything special about Dalio, that he believes are the reason behind whatever success he has had. He is now at a stage in his life that he wants to pass these principles along to others for them to judge for themselves and to do whatever they want with them.
Life Principle
Embracing radical truth and radical transparency will bring more meaningful work and more meaningful relationships.
My experience, based on watching thousands of people try this approach, is that with practice the vast majority find it so rewarding and pleasurable that they have a hard time operating any other way.
This takes practice and changing one's habits. I have found that it typically takes about eighteen months, which is how long it takes to change most habits.
At the end of 2017, there were 134 Bridgewater employees who had been with the company for 10 or more years.
Life Principle
- Embrace Reality and Deal with It
- Be radically open-minded and radically transparent.
- Embracing radical truth and radical transparency will bring more meaningful work and more meaningful relationships.
- Be radically open-minded and radically transparent.
Any person or organization can adopt Principles to better achieve their goals.
Learn what Principles are and how they are applied at Principles.com
