Dylan VanasFounder & 2x 8-Figure Entrepreneur Empowering Growth

Key To Success - Delayed Gratification

Name: Key To Success - Delayed Gratification
Uploaded: 2023-04-17T14:00:03+00:00
Duration: 34 s
Channel: Dylan Vanas
Description: A short motivational clip discussing impulsivity and the value of delayed gratification. The speaker argues impulsive people prefer immediate rewards…

17 Apr 2023 · 1 min

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A short motivational clip discussing impulsivity and the value of delayed gratification. The speaker argues impulsive people prefer immediate rewards because they devalue future benefits of present sacrifices, and suggests rewarding long-term-beneficial actions (e.g., saving/investing instead of immediate purchases) to increase overall success.

Chapters

And impulsive people tend to be the ones to take immediate gratification over delayed gratification much more. And the reason why is because they're devaluing the future potential of sacrifice they make now. So, for example, you're not a very impulsive person. I know that you're willing to save money and not buy a certain thing. Put that money towards stocks because, you know, five years from now, you'll be able to buy five extra things. What do I always say when you invite me out, like on a private jet? Too rich for my blood. Yeah. If we can find ways to reward the actions the that we know are best for people and make it feel good to do those actions, we're gonna see success across the board in everything we do.