A note from Daniel

In his insightful book Principles: Life and Work, Ray Dalio said, "I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want. Maturity is the ability to reject good alternatives in order to pursue even better ones."

Daniel Your Next Five Moves, page 26 · August 20, 2024 Save to shelf
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Daniel p. 194

If you walk through our offices, you'll see screens and data streams everywhere. By displaying our data in the office, we are creating accountability and highlighting radical transparency. Because everyone sees everything, it's an amazing way of using the carrot and stick simultaneously—without having to say or do anything. Because the numbers are in plain view, performers feel recognized just as nonperformers feel uncomfortable. If the latter feel too uncomfortable, all the better; they will either up their game to avoid further embarrassment or leave the company. Transparency is the ultimate performance-enhancing drug. And when it doesn't work to motivate your poor performers, they will weed themselves out—which is exactly what you want.
Daniel

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Ultra Successful p. 60

The False Constraints That Limit Your Potential: - How Quickly You Can Scale Whether it's your business or your career, there are unspoken timelines that people accept as gospel.They are all untrue: "You can only really grow at 10% a year." "You need to pay your dues for a decade before getting promoted." These artificial limits keep people moving at a crawl when they could be sprinting or pushing for more. The most successful people I know refuse to accept conventional wisdom about timelines, and oddly enough, they break them all the time.
Daniel

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