As an aspiring Entrepreneur, I sign up to many networking events and a few nights ago one truly stuck out. Initially when the invite came out, I perhaps thought about dismissing it and wondered if many people would actually sign up to a book night. It was an intimate discussion on the New York Times Bestseller “Principles: Life and Work” recently released by the legendary Ray Dalio.

Something told me go to it and boy was I blown away by this event.

The night featured the most innovative people in Singapore and drilled down into the critical resources that shaped them. I must say I took a lot of valuable learns from: Vishal Harnal, General Partner 500 Startups Southeast Asia; Michael Lints, Partner Golden Gate Ventures; Mohan Belani, Co-Founder and CEO e27; Bernard Leong, Head of Digital at Singapore Post & Founder of Analyse Asia podcast.
It’s not easy to setup your own business but if you keep learning, keep focused and always be persistent, then one day you will get there.

6 of the key takeaways I took from this even

  • Buy the book “Principles: Life and Work” : Dalio is one of the world’s most successful investors and entrepreneurs. He is the founder of the world’s largest hedge fund, Bridgewater Associates, managing about $160 billion. I liked the way Bernard Leong suggested writing up and applying your own principles.

  • Building out high performing teams is quite complicated and takes time. Companies need to adopt D&I as a key strategy for growth if they are to stay in the game and ahead of the competition.

  • Be true to yourself and above everything else – stay humble. Watch your ego.

  • Mistakes is one of the best sources of learning. pain plus reflection equals progress. It’s okay for you to make mistakes. It’s not okay for you to not learn from those mistakes.

  • Dalio runs Bridgewater matching to the theory of “radical transparency,” which means that all meetings and interviews are recorded, and any level of employee is encouraged to criticize (with respect) another if necessary.

  • Exercise at least 4 times a week. It keeps you mentally and physically fit.

Great Owls is a knowledge sharing platform giving access to the brightest minds in Singapore and they hand-pick recommendations for the best resources to learn from be it books, videos, podcasts and blogs. They inspire you to stay curious and keep learning Check them out www.greatowls.com Many startups fail within the first 18 months of business. This is a hard and bleak truth, so having a platform like this gives you much information and some key learns.

Finally they are always on the lookout for the most inspiring and influential minds in Singapore who challenge the status quo, create & drive leading businesses in technology, media or advertising. I have a funny feeling this company will go far and wish Olga and the team the very best on their venture. Cracking platform, intelligent branding and a bloody great idea. I cannot wait for the next event.

And remember everyone with goals and dreams can learn from Ray Dalio’s approach

 

 

You can buy the book here