Ray Dalio: 5 Steps to be Successful

Ray Dalio, the founder of Bridgewater Associates and author on life principles, shares his five-step framework for success. He emphasizes the importance of knowing your goals and your nature to effectively pursue them. Dalio recounts his own failures, including a career-defining mistake in 1982 and the lessons learned from humility and resilience. He advocates for understanding limits, delegating strengths, and reassessing risk-reward scenarios. His insights encourage listeners to tackle painful problems and embrace evolution through reflection.