As you look forward to graduation, it is important to reflect on where you are headed. In the words of Ray Dalio:
“Whatever success I’ve had in life hasn’t been because of anything unique about me—it’s because of principles that I believe anyone can adopt.” ~ Ray Dalio
Prior to addressing the following prompts review chapter one in your required text, review the website The Beginner’s Guide to Goal Setting (Links to an external site.), and watch the 30 minute 8 episode series by Ray Dalio entitled Principles for Success (Links to an external site.). Although Dalio’s goals were to become an investor and entrepreneur, his processes and ideas are worth exploring to consider applying to your own journey.
In this video, Dalio addresses a process for more effectively meeting our goals. His steps are listed below:
Identify your goals.
Identify what problems stand in your way of achieving your goals.
Identify the root causes of the problems.
Design a plan to eliminate the problems.
Execute the plan.
Rather than thinking, “I’m right.” I started to ask myself, “How do I know I’m right?”
In addition, Dalio discusses our barriers:
The ego barrier: Acknowledging weaknesses.
The blind spot barrier: When someone believes they can “see” everything.
Using the premise of the principles and the barriers he shares, as well as the knowledge you have attained throughout your program, reflect on and discuss the following:
If your future career could look like anything in the world, what would it look like?
Using this vision, develop one or more goals (Dalio’s Step 1).
- Identify what specific psychological knowledge will need to be featured on self-promotion materials to support your goal.
- Next, follow Dalio’s steps 2 to 4 for success.
- Identify what problems stand in your way of achieving your goals.
- Identify the root causes of the problems.
- Design a plan to eliminate the problems.
Lastly, discuss your thoughts about executing your plan (Step 5): What concerns do you have? What things have you accomplished that will support you in this execution?
Harper, Y., Rosser-Majors, M., Anderson, S. L., Brewer, S., Kirwan, J., Lozano, Y. M., & Vincent, P. (2020). Psychology applied: Diverse domains, ample opportunity. Retrieved from https://content.ashford.edu
- Hyatt, M. (2013, June 14). The beginner’s guide to goal setting (Links to an external site.). Retrieved from https://michaelhyatt.com/goal-setting/
- Michael Hyatt discusses goal setting. The advice given on this web page will support your goal setting activity in your Week 2 Journal. Note that this activity will also be included in your Week 5 Final Project.
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