Leaders should plan two to three years ahead because this quarter's results were decided years ago. Make three high-quality decisions per day instead of many weak ones. Jeff Bezos and Warren Buffett both operate on this principle.
People will stop me and say, congratulations on your quarter. And I say, thank you. But what I'm really thinking is that quarter was baked three years ago. Right now, I'm working on a quarter that's going to reveal itself in 2021 sometime. And that's what you need to be doing. You need to be out two or three years in advance. And then why do I need to make 100 decisions today? If I make 3 good decisions a day, that's enough. And they should just be as high quality as I can make them. Warren Buffett says he's good if he makes three good decisions a year.
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