Category: Mistakes

4 Simple Steps to Fix Problems in Your Processes

Even with processes up and running in your business, you will still sometimes run into problems. Perhaps a newsletter did not go out on the date it was supposed to, or a report has missing information. It is impossible to foresee and document every single possibility in your processes.

So, what do you do when you find a gap in the way something needs to be done? You have one of two choices: you can temporarily patch it up, or you can prevent the problem from ever happening again. It pays to take the time to figure out what happened and solve the issue for the future.

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Ray Dalio on His Powerful Principles: Part 2

This article is Part 2 of “Ray Dalio on His Powerful Principles.” Part 1 is available here.

Ray Dalio’s Principles: Life and Work (public library) is an impressive book full of insights and concepts applicable to both life and work. It is divided into three parts. The first two, which I commented on in the first part of this series, deal with his background and the principles he uses in life. “Part III: Work Principles” introduces the principles he has developed to manage his firm, Bridgewater Associates.

In case you have not had a chance to read the book, here are some of the highlights on the topic of work that resonated strongly in this part of his book.

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