Jeff views decision making as a long-term view which focuses on market leadership. This approach allows him to be experimental and eludes to the acceptance of short-term failures for long-terms gains. This suggests that yes, it’s ok to fail, as long as you learn from it because not every innovation will work. In a nutshell, this is saying that it takes time to build sustainable, long-term value.
Whether you are a start up, author or an athlete, a strategy and a laser focused strategic mindset are essential, because for me without one, what exactly are you doing? It’s often the case, but people are more likely to be reactive rather than strategic, and that’s no crisitism, it’s just they was it is, we are human after all. If you want growth be it in business or personal life, have a plan, have the right mindset which will allow you give it the time, effort and passion needed, be patient, stay focused on your end goal and most of all love it!
The value of long-term thinking is not limited to the business world. In fact, long-term thinking is a powerful mindset when it comes to business, relationships, health, learning and anything meaningful in life. Successful businesses have taken years to get there and every successful person has put in the time
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POWER OF LONG TERM THINKING – Jeff Bezos shares his secret to create massive wealth
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