Dominate 2021 Day 8: The Dalio Technique
Sports Motivation Podcast
Niyi Sobo
4.9 • 767 Ratings
🗓️ 11 December 2020
⏱️ 13 minutes
🧾️ Download transcript
Summary
In Day 8 of our 21 day strategic planning process, we problem solve at an elite level, utilizing the Dalio technique, coined by multi-billionaire investor Ray Dalio.
Go to Imnotyou.com/dominate2021 to download the planning formula worksheet.
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Day 8 Time Stamps:
(0:00) Day 8: THE DALIO TECHNIQUE
(9:55) Follow through
Transcript
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| 0:00.0 | Now that your goals are established, it's time to go about strategizing with the mentality of a war general or Fortune 500 CEO. |
| 0:09.0 | This is Ray Dalio, billionaire Ray Dalio, and how he goes about solving problems. |
| 0:17.0 | He says, first you have to pick what you're going after, your goals. |
| 0:21.5 | Your choice of goals will determine your direction. |
| 0:25.9 | As you move towards them, you will encounter problems. |
| 0:28.9 | Some of those problems will bring you up against your own weaknesses. |
| 0:32.6 | How you react to the pain that causes is up to you. |
| 0:35.8 | If you want to reach your goals, you must be calm and analytical |
| 0:38.7 | so that you can accurately diagnose your problems, design a plan that will get you around them, |
| 0:43.4 | and do what's necessary to push through to results. Most people childlessly paint the future |
| 0:51.4 | with their intentions. |
| 1:01.0 | And then they drift into reality with a lot of hopes and dreams. |
| 1:04.0 | We instead are going to look fiercely at reality and plan against the obstacles that could stop us. |
| 1:08.0 | Most of our goals are not that complex. The problem is that when |
| 1:13.6 | life hits us with the challenges with the problems and obstacles, we're not prepared to handle them, |
| 1:18.6 | so we fail before we even gain momentum. Today, we problem-solve to create real-time solutions. Robert Green in the 48 Laws of Power says, |
| 1:37.3 | For the future, the motto is no days unalert. |
| 1:42.3 | Nothing should catch you by surprise because you are constantly imagining problems before |
| 1:47.0 | they arise. |
| 1:48.7 | Instead of spending your time dreaming of your plan's happy ending, you must work on calculating |
| 1:53.5 | every possible permutation and pitfall that might emerge in it. |
| 1:58.3 | The further you see, the more steps ahead you plan the more |
... |
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