4.8 • 3.1K Ratings
🗓️ 11 September 2023
⏱️ 12 minutes
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On today’s episode, Patrick Bet-David discusses the advantages of being a long-term thinker.
Source: How To Become Recession Proof As An Entrepreneur - 2022 Driven Keynote
Hosted by Sean Croxton
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0:00.0 | Yeah, today's QOD is we're okay long term. Here we go |
0:31.0 | Welcome back to the quote of the day show I'm your host Sean Croxton |
0:35.0 | is Sean Croxton.com. We got Patrick Bett David on the show today and today |
0:39.7 | Patrick is going to encourage you. This is important. He's going to encourage |
0:44.6 | you to become a long term thinker. Patrick Bett David is coming up a few |
0:52.6 | data points. 53% of Americans say that you rarely or never think about far |
0:58.5 | future. 53% never think about it. Some of you are saying 20 years. I'm not going |
1:05.4 | to be thinking 20 years ahead. I want to think maybe three weeks ahead but not |
1:09.4 | 20 years ahead. I get it. It's not easy to do. 21% report image imagining this |
1:15.1 | future less than once a year. Can you imagine that means one out of five |
1:19.1 | person even sits there thinking about the future. But all I'm going to be |
1:24.3 | thinking about is right one out of five. So if you're on the other side you |
1:28.3 | already have an edge over these guys. 32% say never even crosses their |
1:32.6 | mind at all. This is why I ask the question for you about long term versus |
1:37.7 | short term planning. Everything's about the question who do you want to be. A |
1:41.8 | recent study revealed that around 33% of small businesses have a formal business |
1:46.5 | plan. How many of you right now if I called on you and I said I got a hundred |
1:50.3 | thousand dollars. I'm going to give away right now. Who has their formal business |
1:54.1 | plan with them in their hands right now. Raise your hand if you have a with you. |
1:57.1 | Raise your hand if you have a with you. I'll give you a hundred thousand dollars. |
2:00.1 | Stand up if you have a with you. Stand up if you have a with you. Okay. There's |
2:04.9 | another question for you. How many of you guys? How many guys? Your business |
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