yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Ray Dalio & Bill Belichick on Going From Nothing to Something Big: Part 1


less than 1m read
·Nov 8, 2024

I think the interesting thing, one of the most interesting things of the book was when you talked about going from, what was it, a four-person company? Well, it started with me and another guy, and yeah, three people. Three, okay. And how many? 1500? 1500.

Um, the transformation of that and your role in that, from being an investor to being a manager to all the other things in between. So for my success, it was a relationship of meaningful work and meaningful relationships. But from a time management standpoint, Ray, when you spent your time trying to find the right investments, trying to find the right way to manage and maximize the returns to being responsible for 1500 employees, right?

There's no way you could spend the same amount of time managing, you know, the actual dollars as managing the people. When you start, and you know it's two or three people, and then you go to another level, I had to invent a new way. A new way. A new way!

I remember when we got to 67 people that I would always give personalized gifts at the holiday season, and I would always write everybody a long letter at the holiday season. And I remember it was 67 people, and I remember I couldn't do it right because it broke my back. I mean, just too much. And then I knew that I was now going to another level, and when I was going to that other level, I had to invent a new way of operating.

So going from the three to the 1500 required a lot of different inventiveness.

More Articles

View All
Incident | Vocabulary | Khan Academy
Hey wordsmiths! Let me introduce you to a spectacular new word. It’s—oh, oh dear! There’s been an incident. Uh, this Manatee has taken several bites out of the word spectacular. Well fine, uh, we are nothing if not flexible here at Khan Academy. So let us…
Unlocking the Power of Your Mind with Neuralink Technology #Shorts
Neuralink cuts out the middleman and allows input and output directly from your brain to whatever you’re doing on a machine or vice versa. It’s like going from writing using a quill to having a pencil, to having a keyboard, to having Siri, to now potentia…
$26,000 GOVERNMENT GRANT (Employee Retention Credit)
Why does nobody know about the employee retention credit? I want you to get this money. You’d be crazy not to get this. Instead of the car, it’s cash; it’s your cash you paid this. It pays up to twenty-six thousand dollars per employee that was on the W1 …
10 Stocks the Smart Money is Buying for 2021
[Music] Hey guys, welcome back to the channel! In this video, we’re going to be talking about the top 10 most bought stocks by the big investors of the world as we lead into 2021. You might ask, “Well, how the hell do you know that, Brandon?” And the reas…
8 Most Important Lessons from the 2022 Berkshire Hathaway Annual Meeting
Every year, 40,000 people travel to Omaha, Nebraska to listen to investing legends Warren Buffett and Charlie Munger speak. They share their thoughts on practically everything, from what they see going on in the stock market and in the economy, all the wa…
Tesla: The Electric Revolution
This decade is set to be the Roaring Twenties of the electric car. Right now, electric cars make up only a tiny fraction of the automobiles sold worldwide, but according to a recent analysis, this is going to change pretty quickly. The same report suggest…