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Eric Siu reflects on why young founders struggle with patience. A billionaire heiress told him successful founders typically stick with one business for 30+ years, but most founders expect quick wins and give up too soon.
Eric Siu reflects on why young founders struggle with patience. A billionaire heiress told him successful founders typically stick with one business for 30+ years, but most founders expect quick wins and give up too soon.
There's a story from a friend shared where he met this billionaire heiress, right? And she didn't build any of the businesses, but she said, hey, you know what, like, I got some advice. All my uncles, my brothers, my father, they've all started multi-billion dollar companies, right? And the one thing I've learned from all of them is that they focused on just one business for 30+ years, right? But like most people, if you're in your 20s listening to this right now, you just don't want to— you want the results like yesterday. But we're in our mid-30s now. It's like, yeah, You don't realize until maybe your mid-30s or so that this stuff takes a long time and most people just don't survive long enough.
