How to Think Long Term
Banks always advise you to think long-term when it comes to investments. This notion jars with our microwave generation because patience seems to be a lost virtue.
In this episode, our hosts talk about the moments when their mindsets shifted from short-term to long-term thinking. They delve into the importance of finding the right partners in life, business, and friendships so that you can build and leave a legacy that lasts for generations.
For DJ Sbu, his mind shifted to long-term thinking when his daughter was born. The thought of providing a good life and university tuition 18 years down the line changed his perspective on the hustle. Grey, on the other hand, learned about long-term thinking in his dating life. The hottest girls turned him down because he was busy working when everyone was partying in the club. A couple of years down the line, the tables had changed. Those girls who turned him down now wanted him, but he was no longer interested because he had elevated his mindset.
Older folks may have an advantage to long-term thinking because they have had the benefit of time to reflect on their past decisions and make better ones in the future. Younger people seem to struggle the most because they still lack enough life experience. But playing the long-term game when you are young has the most benefits.
DJ Sbu advises young people to focus on personal development, find their life's purpose, and importantly make sure that you align yourself with the right partners in life because your wealth and success depend on it.
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