Dan Martell - May 07, 2024


The Wealthiest People Think In Decades Not In Days


Episode Stats

Length

37 seconds

Words per Minute

213.94102

Word Count

133

Sentence Count

10


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The wealthiest people I know have long time horizons.
00:00:02.920 They think in decades, they don't think in days.
00:00:04.920 When you're willing to sacrifice the short term
00:00:06.760 for the long term, that's when the big stuff happens.
00:00:09.260 Every moment you delay getting something you want,
00:00:13.180 knowing that you're investing in the future,
00:00:15.820 it's like a 10X amplifier.
00:00:17.500 But if you just keep grabbing today what you want,
00:00:20.540 then you're never investing for the future
00:00:22.340 so you're not getting disproportionate rewards.
00:00:24.900 That's how wealth is created.
00:00:26.340 People typically want most in the moment.
00:00:28.680 They want to eat what they want to eat, want to watch what they want to watch.
00:00:31.020 They want to be lazy, but they haven't done the work to earn it.
00:00:33.920 Essentially, they're robbing themselves of their dreams by being short-sighted.