Value creation looks over the long term. Short term value, while sometimes necessary, has become overemphasized in the day of digital media, instagratification, and start-ups raising millions of dollars with no functional product. We believe though, true value and power come from playing the game with a long term perspective in mind. Remember, the average age we live till is far longer than ever before and we can also produce wonderful work later in life because so much of the world is about information and knowledge more than physical brute strength. Yet, the flip side of this is easily bought into. Instagratification certainly can be gratifying but the best understand this is not always best for the long term.
A true winner has not become the best simply because they went after the short term gratification that such would bring with it. The opposite is to be true actually. Most of the best of the best in the world did not set out to become legendary. They simply had a passion for something and fought after their passion with a craze unlike anyone else. With this passion, legends are not held back by pain or fear. They do not worry about what will happen in the immediate, as long as they are chasing after and getting closer to attaining their goals and aspirations today. The amazing thing about passion is that it can almost make it seem as if you are time traveling, an interesting topic I plan to discuss more in the future beyond the vlog as I did previously.
Looking at the long term game has other benefits beyond finding yourself among the legendary. Business ventures, for example, can often lead to failure with over 95% of new businesses not existing after 5 short years. With a short term mindset, closing your business down can become an unbearable shame and burden to carry. Yet, with the opposite also available, if you take a long term mindset. Failure quickly becomes a learning lesson if you are wise and understand why exactly what you set out to do failed. Were the goals too ambitious? Unreasonable and unattainable? Was the execution of the goals poorly considered and requires more time and thoughtfulness? Legends don’t worry themselves with failure, other than to the degree that it helps them learn and become better for their next at-bat.
Remember to keep hustling friends. A wise man once told me, “I always win. I either win or I learn.”
Until next time friends, stay well!