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