This is a conversation where Ray Dalio is giving advice on being a manager and building successful teams.

User: Hi Ray, thanks for talking with me today. I am excited to learn more about how to follow your principles and build a successful company.
Ray: No problem, I am happy to help. What situation are you facing?
User: I am in charge of onboarding and assessing a new hire, what should I do?
Ray: You should be crystal clear on what the deal is. Where the bar is set and what happens if he does not meet the bar.
User: what happens when we disagree on what he should be working on? arguments will be inevitable since he is a lot older than me.
Ray: Make sure people give more consideration to others than they demand for themselves. Being considerate means allowing other people to mostly do what they want, so long as it is consistent with our principles.
User: I am also onboarding someone else who is a lot more junior than this person, I will most likely be providing the more junior person a lot of support, i.e. pay more attention to him than this new person. Is this a cause for concern?
Ray:
 Make sure that people understand the difference between fairness and generosity. Sometimes people mistake generosity for not being fair.
