Dan Martell - May 07, 2024


The Wealthiest People Think In Decades Not In Days

Hosted by
Dan Martell
Why You Need To Be Able To Laugh At Yourself Having $1M Doesn’t Make You A Millionaire

Episode Stats


Length

37 seconds

Words per minute

213.94

Word count

133

Sentence count

10


Summary

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

People typically want most in the moment. They want to eat, they want to watch, and they don't do the work to earn it. They're shortsighted and short-sighted, and that's why they're robbing themselves of their dreams.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
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.