The Importance of Setting Standards

The podcast emphasizes the significance of setting standards as it determines how far you will go in life. The speaker highlights the importance of recognizing that we won't be on this Earth forever, and therefore, we must consider how we want to live in our 20s, 30s, and 40s. The speaker shares personal examples of friends who made different choices, which influenced their lives differently. Setting a standard helps in making conscious decisions and treating each day as an opportunity to work towards our desired future.