Self-made billionaire: You need to understand 3 things to lead a successful life—even 'couch potatoes' can use them

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on Sunday.

"Individuals who achieve success and drive progress understand the underlying cause-and-effect relationships that shape reality and have guiding principles for leveraging them to attain their goals," wrote Dalio, 75, the co-founder and former CEO of the large hedge fund company Bridgewater Associates.

Dalio's formula may seem easier said than done - but it relies on a simple proviso. Figuring out how realistically you can achieve your goals involves setting true and achievable expectations for what success may look like.

Some individuals aim to revolutionize the world, while others seek to coexist peacefully with it and cherish its simple joys. Neither approach is superior. We must each determine what matters most to us and select the paths that will help us achieve it.

" podcast last year.

"You know, success is all about setting a goal and starting your day feeling genuinely good about what you've achieved," said Cuban.

As he works towards becoming a billionaire.

Published by entrepreneur and venture capitalist Randall Kaplan last year, "and being willing to do so is a huge competitive advantage, because most people don't."

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