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My First Million cover image

The Cashflow King: “Here’s How I Do It”, Negotiating w/ Jeff Bezos, Elon’s Cracked Rocket - Jason Fried

My First Million

NOTE

Value of Short-Term Planning Over Long-Term Planning

Long-term planning is considered a fantasy as it involves following past thoughts, while short-term planning allows for real-time decision-making based on current circumstances. The speaker emphasizes the fluidity of short-term plans compared to the rigidity of long-term plans that are based on past moments. They prefer making decisions as they go, adjusting constantly, and paying attention to reality in the moment rather than being tied to a plan made months ago. The idea is to think in shorter timeframes, make decisions based on the present, and adapt continuously instead of sticking to plans made in the past.

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