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Why This Book Matters:
Principles shares how to simplify the decision-making process through techniques learned by Ray Dalio, one of the world’s most successful men of business.
The Big Takeaways:
- The natural world’s order and evolvement provide you with an image bigger than yourself.
- If Create guidelines for yourself that become your core for decision-making.
- Choose the right goal by deciding what is most important to you.
- Setting too many goals for yourself will result in failure. Find what is crucial for your happiness and success, and focus on it.
- Honesty is the most important thing in any relationship.
- Creating a space where honesty can be practiced regularly will result in a stronger bond as a team.
- Providing your team with visuals to help them see their progress aids in better production.
- Showing your team through charts and other visual aids where their skills are most important helps them better visualize themselves as part of a bigger picture.
- Start at the top when building your team.
- Problems will come, which is why you must have the proper people in place to turn those problems into teaching moments adequately and independently.
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