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Episode 35 - Principles by Ray Dalio

Insights & Perspectives

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How to Deal Well With Your Setbacks

Knowing how to deal well with your setbacks is as important as knowing how to move forward. Creating meanings, mental models, principles that help you look at a situation where it appears to be a failure can be very powerful for us. Or through experience of repetition, of going through rejection and failure, we develop the innate ability, the ability, to pick ourselves back up and move forward. And then something interesting happens. You go down a pathway where you become self generating, and you create this magnetic, magnetic energy around you,. Its projected outwards, attracts people, and you project a high level of carisma and confidence. This comes from self accountability.

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