“Short -term victories attract: quick bonus, instant result, present -minute success. But billionaires and business leaders know that real achievements are born of patience and look into the future. Long -term thinking is not just a strategy, but a lifestyle. Warren Buffet, Jeff Bezos and other leaders show how the orientation for years leads to great goals. Base […]”, – WRITE: Businessua.com.ua
But billionaires and business leaders know that real achievements are born of patience and look into the future.
Long -term thinking is not just a strategy, but a lifestyle. Warren Buffet, Jeff Bezos and other leaders show how the orientation for years leads to great goals. What is the basis of their approach?
Photo: © White Long -term thinking begins for a clear goal. Warren Buffet wrote that he chooses companies that will make a profit in 10-20 years. He looks at business stability, not urgent trends.
Firms planning for 5+ years are 28% more likely to experience crises. Determine what you want to achieve over the years and check each step for this purpose.
Jeff Bezos, founder Amazon, is known for his principle of “being right in the long run.” He explained that Amazon was investing in projects that may not pay off for years like AWS cloud services. It requires courage and discipline.
Economist Richard Taler in the Nude book emphasizes that people often choose instant benefit by ignoring the future. To avoid this, Bezos advises the question: “Will it be important in 10 years?”
Patience is a key element. Long -term people are 22% more likely to achieve financial success. Buffett, for example, holds the shares of companies for decades. He said, “If you are not ready to own an action for 10 years, do not keep it for 10 minutes.” It teaches to ignore the market noise and focus on fundamental value.
Thinking requires to give up unnecessary. Ray Donio in Principles advises regularly to review priorities and cut off tasks that do not lead to the main purpose.
Leaders who are able to say no minor projects are 25% more often.
Learning is another part of the approach. Psychologist Carol Duck in Mindset explains that development thinking, helps to look into the future. Leaders like Ilona Mask are constantly studying. Musk said he reads books and studies new areas to anticipate trends.
Continuous learning increases strategic flexibility by 18%. After all, long -term thinking helps to cope with failures. Bezos wrote that experiments often fail, but success pays everything.
Companies that are not afraid to take risk for big goals are 15% more successful in innovation. Long -term thinking is discipline. It teaches to see further, tolerate uncertainty and to study on the road.
As John Mainerd Keynes said, “in the long run, we are all dead, but there is a lot to achieve.”
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