Daniel FazioCo-Founder of Client Ascension & ListKit

Business beginners only think in the short term - you have to think longer as an entrepreneur

27 Apr 2023 · 0 min

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0:25

Daniel Fazio, speaking from his experience, explains that as a full-time entrepreneur for about five years he notices many beginners (often <1–2 years in) focus only on immediate revenue (weeks–months) rather than planning for outcomes 2–5 years ahead. The excerpt contrasts short-term decision-making with the need for longer-term entrepreneurial planning.

Questions this video answers

About five years.

Beginners less than one to two years into entrepreneurship.

I've been like full time entrepreneur for, I think, five years now. But if you're like, just starting to get into this, maybe you're less than a year in or like less than two years in. The kinds of decisions you make. What they're doing is they're not planning for what would happen in two years, three years, five years from now. Everything they're doing is with the context of, like, how can I make more money right now? Or like, in like two or three months.