Be crystal clear on what the deal is.
1. Make sure people give more consideration to others than they demand for themselves. 2. Make sure that people understand the difference between fairness and generosity. 3. Know where the line is and be on the far side of fair.
Be loyal to the common mission and not to anyone who is not operating consistently with it.
Source: Ray Dalio's Book Principles
Meaningful relationships and meaningful work are mutually reinforcing, especially when supported by radical truth and radical transparency.
Source: Ray Dalio's Book Principles
Be radically transparent.
1. Use transparency to help enforce justice. 2. Share the things that are hardest to share. 3. Keep exceptions to radical transparency very rare. 4. Make sure those who are given radical transparency recognize their responsibilities to handle it well
Create an environment in which everyone has the right to understand what makes sense and no one has the right to hold a critical opinion without speaking up.
1. Speak up, own it, or get out. 2. Be extremely open. 3. Don’t be naive about dishonesty. Source: Ray Dalio's Book Principles
Have integrity and demand it from others.
1. Never say anything about someone that you wouldn’t say to them directly and don’t try people without accusing them to their faces. 2. Don’t let loyalty to people stand in the way of truth and the well-being of the
Realize that you have nothing to fear from knowing the truth.
Source: Ray Dalio's Book Principles
Understand how you can become radically open-minded.
1. Regularly use pain as your guide toward quality reflection. 2. Make being open-minded a habit. 3. Get to know your blind spots. 4. If a number of different believable people say you are doing something wrong and you are
Recognize the signs of closed-mindedness and open-mindedness that you should watch out for.
Source: Ray Dalio's Book Principles
Triangulate your view with believable people who are willing to disagree.
Plan for the worst-case scenario to make it as good as possible. Source: Ray Dalio's Book Principles