1. If you’ve agreed with someone that something is supposed to go a certain way, make sure it goes that way—unless you get in sync about doing it differently.
2. Distinguish between a failure in which someone broke their “contract” and a failure in which there was no contract to begin with.
3. Avoid getting sucked down.
4. Watch out for people who confuse goals and tasks, because if they can’t make that distinction, you can’t trust them with responsibilities.
5. Watch out for the unfocused and unproductive “theoretical should.”
Source:
Ray Dalio’s Book Principles