
Episode 410: Billionaire Ray Dalio Predicts The Next Big Market Crash
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How Do You Replace Yourself as a CEO?
"It is stupid to be attached to the ways that should be done or attached to one doing the job of being a CEO," he says. "If you haven't done something three times before successfully, don't assume you know how to do it." The best thing that could happen is they smile and they look at you and they see how you've evolved along those ways. That becomes your arc. It's okay to fail a few of these times and then to get there as long as you eventually get there. So enable them. Not control. Enable. Be an mentor.
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