Here's how BILLIONAIRES think 😮 #shorts

2 Nov 2022 · 1 min

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This content was created by Eric Siu. This content was uploaded by Eric Siu. This is a YouTube short titled "Here's how BILLIONAIRES think 😮 #shorts" (published November 2, 2022). It contains a short, single-speaker motivational/business advice clip in which the narrator describes the billionaire mindset — "short-term urgency and long-term patience" — and uses examples like Jeff Bezos, Elon Musk, and Warren Buffett to illustrate thinking in decades, acting quickly in the short term, and compounding over time.

Chapters

Here's how billionaires think. From Warren Buffett to Jeff Bezos to Elon Musk, there's a thing or two that you can learn to become wealthy like them. So it is short-term urgency and long-term patience. And what that means is thinking in decades. That means acting very quickly in the short term, but not expecting results for a very long time. Let's use Amazon as an example. For the longest time, they were the laughingstock of Wall Street. But Jeff Bezos continued to build from a bookstore to adding on Kindle to adding on AWS to adding on all the other things that they have now. They are a full-blown tech company. To Elon Musk betting all his proceeds from PayPal on Tesla and SpaceX. To Warren Buffett building for the long term, compounding, compounding, and compounding, and not really becoming who he is now until maybe age 50 or so. So