Weekly Quote: Ray Dalio on Maturity

Maturity is the ability to reject good alternatives in order to pursue even better ones.  -Ray Dalio, Principles

This week’s quote comes from Ray Dalio’s book Principles, which I mostly consumed via audiobook during the long commute to and from my previous job. However, I’m planning a deeper dive on my Kindle soon.

It’s challenging to imagine what you may have to give up in the future when you’re focused on the present, and the idea of saying no to something now to hold space for better opportunities certainly takes practice.

I’m still maturing in this area of my life. I like to get engaged and learn and have felt the rush of excitement and, in some cases, flattery when someone asks for my help on something.

As I strive to become a better decision-maker in this area, I’m learning to ask myself in these situations the following questions and then taking some time to consider the answers honestly.

  1. How will this fit into my life?

    Check in with yourself and your family and see what’s possible. If you’re returning from parental leave, maybe it’s not the right time to jump into a new project which will likely increase your work and stress load. If you have some time and flexibility and want to get involved in something new, go for it!

  2. Do I have the capacity to complete this and do it to my standards?

    It is easy to overcommit and underestimate the time needed to complete a task. Unfortunately, as a species, we are good at doing this. It’s called the Planning Fallacy, and it’s real. Capacity, a term I’m using to represent mental and physical energy, can be hard to measure. Do you have margin in your life, and how much of that are you willing to give up? Margin equals time, and time is so important.

  3. Does it help me learn something new?

It isn’t about being selfish. It’s about wanting to stay engaged in something while being able to learn something new. Not all projects or opportunities will tick this as a yes, and that’s okay. Saying no to this is not an automatic pass for an opportunity. However, if the first two are leaning towards a no and this one isn’t screaming yes, I have a good idea of how to proceed.

As I said, I’m trying to mature and learn how better to find the right opportunities. It isn’t always easy, but I think the three questions act as a framework to help me succeed.

Previous
Previous

Chain Bookstores Aren’t Dead Yet (Thank you, TikTok)

Next
Next

PKM Toolkit: Using Readwise to Spark Creativity