From Ray Dalio's Principles --
"The first, most important, and typically most difficult step in the 5-Step Process [of getting what you want out of life] is setting goals, because it forces you to decide what you really want and therefore what you can possibly get out of life. This is the step where you face the fundamental limit: life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
Some people fail at this point, afraid to reject a good alternative for fear that the loss will deprive them of some essential ingredient to their personal happiness. As a result, they pursue too many goals at the same time, achieving few or none of them.
So it’s important to remember: it doesn’t really matter if some things are unavailable to you, because the selection of what IS available is so great. (That is why many people who had major losses—e.g., who lost their ability to walk, to see, etc.—and who didn’t narrow-mindedly obsess about their loss but rather open- mindedly accepted and enjoyed what remained, had equally happy lives as those who didn’t ever have these losses.)
In other words, you can have an enormous amount: much, much more than what you need to have for a happy life. So don’t get discouraged by not being able to have everything you want, and for God’s sake, don’t be paralyzed by the choices. That’s nonsensical and unproductive. Get on with making your choices.
Put another way, to achieve your goals you have to prioritize, and that includes rejecting good alternatives (so that you have the time and resources to pursue even better ones—time being probably your greatest limiting factor, though, through leverage, you can substantially reduce time’s constraints)."
Question from a reader --
Great find with the investment principles document, thanks for posting about that on your blog. I just had a quick question I'd appreciate your opinion on, as you seem like someone who's constantly coming up with new ideas and taking on lots of projects.
What do you do when you have too many ideas? I've been looking into doing a few different things since my last company was acquired, and feel a bit confused by how many ideas (about 5 I really like) I have and how many things I want to do. How do you deal with that?
Hope all's well man,
Finding out what you want in life is arguably one of those pesky subjects that will cause you have to a sort of "crisis" once or twice in your life. In order to to take action, one must narrow in on what they want and be able to manifest their motivation to to then take massive action. In order to talk about this topic well, I might need to get a bit philosophical.
First and foremost the most important principal to understand is
Everything is mental
In my opinion, nothing really has innate meaning, because meaning is a human creation. We create meaning, we give meaning, we blur meaning, we create systems for deriving meaning etc.. Without humans the very concept of meaning wouldn't exist. Furthermore, All of us are subject to the perceptions of our minds. Thus it is very important to understand that everything is mental and through mental conditioning, whether through imagery, dreaming, meditation, or something as simple as associating and surrounding yourself with the right people, one will be able to guide their mind towards the direction of their choosing.