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 often just jump straight in to solve the problem that I am seeing, is this a good idea?
Ray:
 Weigh second and third order consequences. People who overweigh the first-order consequences of their decisions and ignore the effects of second and subsequent order consequences rarely reach their goals. This is because first-order consequences often have opposite desireabilities from second order consequences, resulting in big mistakes in decision making.
