Success IS NOT What you Think it Will Be
Principles by Ray Dalio·2025-08-28 16:52
Entrepreneurial Journey & Success - Assessing success is difficult before embarking on the journey due to unknown factors [1] - The learning process and discoveries are integral to the entrepreneurial journey, often leading to unexpected but successful outcomes [3] - The entrepreneurial path is likened to mountain climbing, involving struggles, setbacks, and progress to higher levels [4] Success & Perspective - Success doesn't necessarily equate to pride or marvel; successful individuals often remain grounded and concerned about potential setbacks [4][5] - Among 5,000 entrepreneurs studied, approximately 20% to 25% achieved success, but only a small fraction (5 out of 5,000) succeeded according to their initial plans [2]