Short-term pain, long-term gain! During this episode, we discuss long-term vs short-term thinking in Web3, and through the use of examples, we explain why the former is so much more beneficial than the latter as a business-building strategy.
TIME-STAMPED SHOW NOTES:
- [01:21] The problem with short-term thinking.
- [02:00] An example of what building a business based on short-term thinking looks like.
- [02:55] Factors that make The Littles a long-term project.
- [04:36] Why Jeff Bezos (love him or hate him) epitomizes long-term thinking.
- [05:51] Lessons from Charlie Munger, and a book recommendation if you’re interested in learning more.
- [07:01] Please don’t forget to rate, review, and subscribe to this podcast!
Tweetables:
“Easy come, easy go. The ones who think long term are the ones who succeed.” — @ericsui [0:00:35]
“Having a long horizon is what’s going to pay off in the future.” — @willxlee [0:04:16]
Links Mentioned in Today’s Episode:
The Tao of Charlie Munger
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
