# Principles (Ray Dalio) ### 5 Step Process 1. Have clear goals. 2. Identify and don't tolerate the problems that stand in the way of your achieving those goals. 3. Accurately diagnose the problems to get at their root causes. 4. Design plans that will get you around them. 5. Do what's necessary to push these designs through to results. > “First you have to pick what you are going after—your **goals**. Your choice of goals will determine your direction. As you move toward them, you will encounter **problems**. Some of those problems will bring you up against your own weaknesses. How you react to the pain that causes is up to you. If you want to reach your goals, you must be calm and analytical so that you can accurately **diagnose** your problems, **design** a plan that will get you around them, and **do** what’s necessary to push through to results. Then you will look at the new results you achieve and go through the process again. To evolve quickly, you will have to do this fast and continuously, setting your goals successively higher.” ### Independent thinking in public * Be clear about your goals, ideas, and solutions. Put them out there to be criticized. That is the best way to *derisk* and come to the best solution. --- Date: 20220110 Links to: Tags: References: * []()