You may have heard many lucrative, CEO types say things like, “We overestimate what we can accomplish in a month and underestimate what we can accomplish in seven years.” Bill Gates said 10 years, but Jeff Bezos and Amazon have a seven-year time horizon. Either way, the principle is the same: These wealthy individuals are willing to wait several years for an idea to really start making money.
In Episode 613 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss things that Rob keeps saying that no one ever seems to hear. For instance, from our previous episode, “taking small gains and compounding them over time” is one of those things, and it sounds similar to the Bezos / Gates approach mentioned above.
During this episode, we also talk about being too consumed with our problem rather than being consumed with our goals. We also discuss the distraction of caring too much about what other people think. Just remember: Trading is a marathon, not a sprint. Join us to learn more!
And if you should ever be interested in learning more about the wild world of the cryptocurrency market, then you can gain some great insights from Rob’s free book at RobCoin.com.
Links for this episode: