2min chapter

Lex Fridman Podcast cover image

Ray Dalio: Principles, the Economic Machine, Artificial Intelligence & the Arc of Life

Lex Fridman Podcast

CHAPTER

How Do You Know if You're Gonna Be Successful?

A practical person who is also used to making dreams happen knows how to do that process. I describe it as a five step process. The first step is you go after your goals, the second step is you identify the problems that stand in the way of you getting to your goals. Then the fourth step is then now that you know the exact root cause, you design a way to get around those. And then you follow through and do the designs, you set out to do and it's the experimentation. That includes Elon Musk. They experience it, which is a process essentially of knowing how to go from an audacious goal, but not in a ridiculous way, not a dream.

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