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Southern Living

WATCH: This Billionaire's Tip Will Make You More Successful

Perri Ormont Blumberg
Updated

A few months ago, I started following Ray Dalio, the billionaire founder of Bridgewater, the world's largest hedge fund, on Twitter. There, he distills many of the guidelines from his new book and #1 New York Times bestseller, Principles.

I'm a diligent to-do lister (though my day planner teeters towards neurotic, I've got enough check marks to fill a private beach), solid at strategizing how to overcome problems, and follow the edict of principle 2.2f to a T. I may not practice transcendental meditaiton (Dalio swears by it), but my Headspace meditiaton app is a trusty companion in my daily morning routine. I'm not a billionaire though. What gives?

Well, when I stumbled upon this CNBC article on Dalio's life advice for achieving your goals, I think I may have discovered my pain point: I become entirely overwhelmed when I'm presented with too many possibilities. What Would Dalio Do? He'd advise I zoom in on the goals I prioritize most, and accept the fact that some will inevitably fall by the wayside as the result.

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"While you can have virtually anything you want, you can't have everything you want," Dalio writes, as excerpted in the piece. "Life is like a giant smorgasbord with more delicious alternatives than you can ever hope to taste. Choosing a goal often means rejecting some things you want in order to get other things that you want or need even more."

While I'm more than a few zeroes away from reaching billionaire status, the simple — but astute — advice rings true.

I'm going to start by spending less time on Twitter.

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