In this video, Ray Dalio talked about the principles he uses to guide us through life and work. He suggested the following 5 steps to go through in order to be successful:
1. Know what your goals are.
2. Encounter problems, learn from mistakes
3. Diagnose the problems, get to the real root cause. understand one's strength and weaknesses.
4. Design a solution that works.
5. Do the things you design, which requires self discipline.
It's a continuous, iterative process.
Embracing reality. Comfortable ambiguity (that's where discovery is). Not embarrassed of making mistakes. Not worried about the approval of others.
Also, how to view and deal with one's weaknesses, stress testing points of view
Find out who Ray Daloio is: https://en.wikipedia.org/wiki/Ray_Dalio