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Ray Dalio outlines a clear 5-Step Process for success: 1) Have clear goals. 2) Identify and don't tolerate the problems that stand in the way. 3) Diagnose the problems to get at their root causes. 4) Design plans to get around them. 5) Push through to completion. He views success not as a straight line, but as a spiral of upward evolution. The key is to embrace the 'pain of the problem' as a signal to learn, famously stating that 'Pain + Reflection = Progress. '
"Most people are more emotional than logical, but the innovators are the ones who can bridge that gap."
"The biggest mistake most people make is to not see themselves and others objectively."
"I don't care about being right; I care about knowing what is true. That mindset gives me immense confidence."
"Success comes to those who have the confidence to persevere through the 'pain' phase of learning."
"Weaknesses don’t matter if you find solutions to them."
Seeing how Ray Dalio approaches Success helps you apply the idea with more precision.
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"Use this collection whenever you need Ray Dalio's lens on Success."