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,
Accomplishing any meaningful goal takes sustained effort over a long period of time. Life is a marathon, not a sprint, and unfortunately it's easy to get burnt out from time to time. That's why I've put together a list of 100 motivational quotes compiled from previous blog posts as well as my twitter account. All are 100% original (to my knowledge), so they won’t be the same cliche quotes you’ve already heard 100 times.
1. You can fit in or you can stand out. You can’t do both.
2. You have to go through failure to reach success.
3. It's impossible to improve if you're unwilling to admit improvement's possible.
4. Things will never change until you make the decision to change them.