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
Interpreting picture graphs (paint) | Math | 3rd grade | Khan Academy
Jacob charges nine dollars an hour to paint. The graph below shows the number of hours he spent painting different rooms of one house. How much did Jacob charge for painting the living room? So, here’s the graph. This is a picture graph or pictograph, an…
SpaceX-PLOSIONS: Why It Matters - Smarter Every Day 138
Hey, it’s me Destin. Welcome back to Smarter Every Day. Depending on where you get your media, you’re probably aware that we just failed for the third time in eight months to get cargo vehicles up to the International Space Station, which means that cargo…
Could Sport Fishing Cause Shark Attacks? | When Sharks Attack: Tropical Terror
If tiger sharks are showing up in the shallows in greater numbers, then it’s not because of deep blue. The reason for the attacks remains elusive, but while scouring the ocean for an explanation, experts come across something else that also ensnares large…
The Lost Colony of Roanoke - background and first attempts
Hello Kim. Hey David! So let’s talk about the lost colony at Roanoke. This is something I’ve been learning a lot about lately, and I think it’s really interesting. You know, we often think about this just in terms of the spookiness of there’s this colony…
Fossils | Evolution | Middle school biology | Khan Academy
[Narrator] When I was 12 years old, I went on vacation to Alaska with my family. While walking down one of the cold stone covered beaches, I spotted a large pile of rocks that seemed to have slid off the side of one of the hills that connected to the shor…
Tim Brady - How Much Equity Should I Give My First Employees?
[Music] How much equity should you give your first set of employees? This is more art than science. Unfortunately, there’s no chart I can point you to where you can look up the number of employees and experience and get an exact figure. That’s not how it…