BILLIONAIRE REVEALS His 5 Simple Steps To SELF-MADE SUCCESS | Ray Dalio & Jay Shetty

On this episode of On Purpose, I sat down with billionaire investor, Ray Dalio.
We talk about why pain is necessary in order to make progress and why we shouldn’t focus on being right all the time. Dalio also reveals what he believes is the greatest tragedy of mankind and gives us 5 steps to achieving success.
If you’ve ever wanted insight into how billionaires think, this episode is for you!
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[@AhmetKaan]

*Greatness is built when nobody else is watching.* I don't know which stage of life you are in but I hope you never give up... 💥

[@AhmetKaan]

*The most important two days of your life is first when you were born and second when you find out why.* Have an amazing day ladies and gentlemen.

[@stayhappylittlemermaid]

Challenges are what make life interesting and overcoming them is what makes life meaningful

[@aohamer]

"I've come to appreciate the pain". WOW, that's how to have a good life in a nutshell 🙏🏾 I could listen to him speak everyday, such gems of wisdom 💫 The jungle analog will forever be with me. Thank you, Ray 👑

[@AhmetKaan]

*"The difference between average people and achieving people is their perception of and response to failure."* *― John C. Maxwell* *Failures are the only way to success.*

[@alexismays6013]

I remember hearing his interview w/ Diddy. Love his way of thinking. Who’s taking notes?

[@mra9701]

That interview was so dope I got his book right after. This one looks promising too !

[@GenesisBerrios]

That’s aged well

[@alexismays6013]

Was this man also caught up in crazy allegations? Can't take their mind from them, even if they are freaks and weirdos behind closed doors@@GenesisBerrios

[@nathanleung5592]

This must be the best podcast of 2021 in my opinion! Keep it up and going. I learned so much from Ray Dalio and Jay Shetty all about the 5 steps of Self-Made success!! Total respect to the 2 of u!

[@callmekingraven]

i’m 5 minutes in and my life has changed forever holy shit THANK YOU

[@thaisgesterling]

Omg literally same!!

[@DavidProrok]

There’s no shorter path to wisdom than this video. 1. What is one trait you look for in a potential employee? - character. 2. What is one trait you possess that you believe got your to where your are today? - Fear. Humility. Fear and acceptance of failing. And a taste for adventure. 3. What’s something you’ve learned through the process of passing on your life learnings? - it’s hard. You need to let go of caring about the outcome while caring so much about others. As a teacher, you can only facilitate growth. You can’t force it. 4. What’s one thing you are looking forward to most in this 3rd stage of your life? - To be free to live and free to die. To watch others be successful without me. 5. What’s a principal you are currently trying to learn? - There are so many nice people in the world living and learning. Incredible, thank you.

[@kaldecoder5919]

Man I love the Perception of RAY DALIO , LOVE THAT 😍

[@infazdk]

Who you are with and Where you are is more important than what you do. Love it.

[@opderrickcds]

Currently listening to Principles on my audio book. Ray is great

[@rishitajain1751]

Thank you so much jay sir for making these full of knowledge podcasts for us 🙏🙏🙏🙏🙏

[@rayaalchukr8477]

I love the concept of Thoughtful Disagreement, thank you Ray

[@mattfractal]

12:35 best quote

[@neicycarlasquire]

Love this! He speaks of so much wisdom. J you're an awesome interviewer you pull out great stuff. He also is just profound and talks with so much experience .. Audacity and humility Love it!

[@Tomeofexistence2023]

Love this! Thanks so much Mr Ray Dalio, and thanks to you Mr Jay Shetty for bringing out the best of every topic your guests are into, love everything of it!❤️

[@hamishnyama4756]

that was so beautiful. thanks Jay and Mr Ray. kudos to you, from Nathan

[@rickjunior3578]

meaning of humble at such of hes life with so much well earned wealth and still classes him self in being at the end of stage 2

[@kubi777]

Thanks a lot! I love his wisdom 🥹Hope I can be like him in the future🥰

[@SameerShaikh-ui9kt]

sir one suggestion can you highlight important part of podcast in your description as a timing

[@travisoshea]

Is this episode on the Apple podcast?

[@pineapple-gf2rx]

Our school system should be modeled on Ray Dalio's "school of life". Well done, to you both!

[@Southbubble157lui]

advice like this is crazy because your literally getting valuable information and it all it cost you was a bit of time that you could have used doing something else.

[@akshatabhand8065]

I think this video is really helpful for people at the first stage. Because they are still learning and so it's easy to adapt and absorb such knowledge.

[@adamswalker5146]

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[@adamswalker5146]

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[@adamswalker5146]

His availability is on ωhatsapp

[@anaelisamiranda455]

Thank you very good

[@DavidProrok]

The 5 steps to success - 1. Know your goals. 2. Encounter problems on the way to your goals. 3. Diagnose the problems you encounter to their ROOT cause. 4. Design a plan to get around the ROOT cause of your problem. 5. Execute on that plan. Repeat these steps at least once a year and you are bound to be successful. Bound to be successful. All you need are flexibility and self-accountability! Collaborate and bring these two gifts to others and you will have everything you need for success. Hypothesize Design Test Learn Loop

[@vivdoolan6846]

surely you do this every day ? Only doing this once a year won't get anyone far...

[@DavidProrok]

@@vivdoolan6846 yeah it will differ depending on the person and context… different layers as well as we often have both short term and long term goals simultaneously…

[@sombh1971]

Inspirational and amazing

[@adamswalker5146]

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[@adamswalker5146]

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[@adamswalker5146]

His availability is on ωhatsapp

[@sombh1971]

@@adamswalker5146 thanks, but I am not interested in bitcoin, or money for that matter

[@kristofferlouisbautista3751]

"Pain could be great because it changed my whole perspective to decision making " - Ray Dalio

[@RichardTroy]

Thank you.

[@adamswalker5146]

ḭnvest in Ƀḭt¢oin trading with my administrative Mike Lucas

[@adamswalker5146]

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[@adamswalker5146]

His availability is on ωhatsapp

[@JP-vu6mz]

Is this an old interview? Didnt he have Ray Dalio on just a few months ago

[@organizer14]

Wow, if Ray Dalio’s approach about protocols when there is a disagreement, could be applied by leaders of US and China that could prevent to old fashion way of dealing with differences through “being right” and using military force and killing people. Hope both governments will learn from Ray Dalio’s approach to thoughtful disagreement! It could be the difference between life and death for the people they are trying to serve! 🎉

[@Beatsnmotivation]

What’s the app he talked about the end?

[@RandomZwinkys]

Principles In Action

[@melb6615]

Thank you for sharing.

[@adamswalker5146]

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[@adamswalker5146]

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[@adamswalker5146]

His availability is on ωhatsapp

[@yaqian3806]

Let’s talk about “How great failures are” 👏🏻👍🏻

[@erwtiarns]

𝖡𝗂𝗀 𝗍𝗁𝖺𝗇𝗄 𝗒𝗈𝗎 𝗌𝗈 𝗆𝗎𝖼𝗁 !!!

[@cygarner1834]

I'm looking forward to being together with the kids that are allowed to call me dad.

[@TJBlackHearted]

Hello

[@adamswalker5146]

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[@adamswalker5146]

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[@adamswalker5146]

His availability is on ωhatsapp

[@diannascandrickdivinelight2422]

💫💫🙏🏽🙏🏽💭💭❤️❤️

[@evasalinas8862]

Eat the rich.

[@travispercy]

IDK. His whole vibe gives me privileged white man. Most people don’t have dads who can lend them $4k. I think billionaires generally sound out of touch & give bad advice to people starting out.

[@bensjourney7607]

You missed the point my bro. He is aware of his privileges, but there is nothing stopping you from making it to the top. As long as you feel a disconnect from different types of people, from different cultures,status and from different backgrounds, you will be incomplete as an individual. Even if you don't like the guy which I don't know why you would, you don't know him personally and you are basically judging him because of how he looks and his status. Listen to 50 cents book I think you will connect with what his saying, regarding expanding your circle to different types of people. And the person in the podcast didn't become a billionaire because of privilege, sure he had help, but he made due to his individual determination and hard work, and thinking different to those around him. Anyways hope this helped you see the other view, its exactly what he discussed having the ability to accept and embrace another individuals point of view as you could be wrong.

[@aliveandwell3958]

You could apply for business grants or small business loans with low interest rates. There are ways. Just gotta be open. ✨✨✨

[@sohaibahmed226]

Nobody in this world is self made thats all a myth. We all made it with the help of someone. In this case it was his dad. So what though there is nothing wrong with that yes his dad loaned him $4000 but guess what he capitalized off of it which not many people do. Thats a skill itself. All you could do is instead of being envious learn from him. I mean its not like he's doing anything illegal. He's doing something right if he made it this far.