Surviving the Upcoming Economic Downturn by Becoming a Better Version of Yourself

Listen as Carol and Aimy dissect a recent interview with Tom Bilyeu of Impact Theory and Ray Dalio, Founder of the world's largest hedge fund, Bridgewater Associates.

Background:

Ray Dalio is the founder of the world’s biggest hedge fund, donated $100 million to the Connecticut state schools to help students graduate well from high school and impact the education system. He is a very wise investor and businessman. In this podcast, Carol and Aimy explore some of the key points Ray and Tom discuss as they dissect the upcoming economic downturn we are expecting and how average, everyday people can thrive during this time and make some choices that allow them to upskill, develop, and grow.

Topics discussed:

Education: Skills versus traditional college and how being a person of color can impact these choices.Make your passion your work, know how to work with people who can do better things, what are the right work habits, how can we get things done without us doing them.Separate yourself from others by finding out what things in your life are better done by others. If you want your life to be successful, you will not let yourself do certain things because you’re just no good at them.In order to grow, you must go through pain, problems, challenges, etc. The two are synonymous.You can have a lot more out of life if you know how to get more out of a minute. Effective time management. We all have to face our choices daily.Struggling well-people don’t think they go together but they do. Go towards the struggle. Have thoughtful disagreements. If you don’t struggle well, you won’t do well.Savoring your life: The freedom to do whatever you want to do without obligation. Go towards freedom.What you don’t know is greater than what you do know. We must learn a great deal and education and skill acquisition is key in any economic downturn.We can’t hide from our mistakes, weakness, and disconcerting things. We must face them head on.

Links for Show Notes on BuzzSprout:

https://www.principles.com/https://www.bridgewater.com/

Support the Show.