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Long-term Thinking: 7 Best Tips To Build Long-term Thinking

Long-term thinking is one of the most important criteria when it comes to achieving significant success in business and life. Take a look at all the great people like Elon Musk and Steve Jobs and you will see that they have long-term plans and are thinking about the distant future.

Elon Musk sees the opportunity to travel to Mars and live on the red planet, even when space travel is a completely new idea. While it is true that humans set foot on the moon, but to go to Mars and live there? Well, this is still an idea that sounds “out of my head”.

However, Musk did not consider this to be impossible. He accepted the challenge and made interstellar travel his mission. He wants to live on Mars and, if possible, die there.

Check out this YouTube video below where Musk said he prefers to die on Mars, but not on impact.

Another great person who has demonstrated the importance of long-term thinking is none other than Jeff Bezos.

Bezos, the founder and CEO of Amazon, is undoubtedly one of the great people with a long-term mindset.

In addition to Amazon, Bezos was involved in one of his side projects, in which he has been building a watch for 10,000 years using $ 42 million of his own money. I suggest you read this  article from American Express  on how Bezos is developing his ability to think long term.

When people asked Bezos why he wanted to focus on 10,000 years in the future, he said in a letter to Amazon shareholders in 1997, according to American Express:

“We (the shareholders of Bezos and Amazon) cannot fulfill our potential as people or as a company if we do not plan for the long term.

Every year that followed, Bezos completed letters to shareholders by attaching an original 1997 essay reminding him of the importance of long-term thinking. And every year, he gets it right. ”

– Jeff Bezos

“If everything you do has to work on a three-year horizon, then you are competing with a lot of people,  ” Bezos told  Wired  in 2011.

Therefore,  develop your long-term mindset if you want to be successful,  like Bezos, Musk and others.

When you think about the distant future and create a plan for how to reach it, what you do every day may seem like it is not producing significant results, but you are undoubtedly moving slowly into the future you want.

If you want to take a vacation, you must first determine the place and where you want to go. Knowing where to go is like finding your long-term vision. Without knowing where to go, you cannot prepare for what you need to do now to get there.

This is why long-term thinking is extremely important and you should make it part of your plan for success.

So how do you feel about the long term? So, here are 7 suggestions and tips you can consider:

1. Focus On Creating Your Characters.

Long-term Thinking

First, to think long term, you should focus on creating your characters. You must develop habits of success, cultivate a growth mindset, and think about the distant future  .

For example, if you are in business, making a profit is one thing, but you shouldn’t ignore improving yourself and your business.

This is because everything is constantly changing. What worked many years ago may not work right now. Take the typewriter profession right now, decades ago, the typewriter might be a good job, but the invention of the personal computer made the profession obsolete.

In the world of internet marketing, writing articles and posting them to directories used to be a good method to grow your online business, but today this method simply no longer works.

You need to understand that not only will everything change, but competition will also grow, and if you don’t innovate and improve yourself and your business, you will be out of the game pretty soon.

This is why you should focus on creating your characters.

Now do you know why highly successful people read books and learn all the time?

Warren Buffett, one of the most successful investors in the world, once declared:

“Read 500 on these pages every day. This is how knowledge works. It accumulates like compound interest. All you can do it, but I guarantee that not many of you will. ”

WARREN BUFFET

Here are some interesting examples from HuffingtonPost:

  • Bill Gates reads about 50 books a year, which is 1 book a week.
  • Mark Cuban reads over 3 hours per day
  • Elon Musk is an avid reader, and when asked how he learned how to make rockets, he says, I read books.
  • Mark Zuckerberg decided to read the book every 2 weeks during 2015.
  • Oprah Winfrey chooses one of her favourite books every month for members of her book club to read and discuss.

2. Consciously Practice Long-Term Thinking.

Long-term Thinking

The next thing you can do to think long term is to make a conscious effort to think long term.

So how do you do it? Well, just take the time to think about the distant future; 5 years, 10 years, 20 years, or even longer.

According to this Wired profile, Jeff Bezos said he purposefully sets aside 2 unstructured days a week on his calendar to free his mind and come up with innovative new ideas. He said that sometimes he just browses the web, and sometimes he arranges his own meetings.

You can be like Bezos, freeing up time to do whatever comes to your mind, or to ponder new ideas for the future .

But the main thing is to plan your free time for creativity so that you have structured time for your long-term vision.

This is why we often hear personal development gurus tell us to constantly rethink our goals.

Take some time to visualize and reflect on your future every week or every day. Somehow we become those we think about most of the time. So take the time to deliberately think long term.

This is important because you want to make long-term thinking a part of your daily routine. When your way of thinking changes, so will your action, and therefore the results you get, and ultimately your life.

Remember that all, what is planned, done.

So, set aside some free time to develop your long-term mindset. Spend time purposefully traveling through the future you want.

See yourself far in the future, who you want to be, do and have. And, in the end, you will live in the future that you desire, right now.

3. Remove Restrictions From The Game.

Long-term Thinking

When it comes to long-term thinking, most people find it difficult to think about the distant future because they are limited to certain things in their lives.

  • Money
  • Language
  • Anxiety, fear, and other limiting beliefs
  • Others

Imagine if you want to build a vision for your future, but if you are limited by your financial constraints, it is difficult to come up with a long-term mindset that really is what you want.

Let me give you an example. Try to think about your life 5 years ahead. Most people will begin to imagine all the great things they are about to accomplish, such as owning a large home, driving a new luxury car, traveling to Hawaii, or starting a multi-million dollar business.

The problem arises when they start to think about their current situation , especially money.

At first they dream of driving their dream car, but then they suddenly notice that they have deep credit card debt. And then you start thinking low and become inferior.

In other words, they are influenced and limited by their current situations, such as money, language they don’t know how to speak, or other limiting beliefs such as anxiety and fear.

Think about it, doesn’t everyone want to be successful? But why don’t most people succeed? They are limited by their limitations. They stop thinking about an exciting future and their actions follow suit.

Then don’t let your bounding beliefs stop you.

If you want to create a successful blog, but English is not your primary language, is that stopping you from making that dream come true?

So let go of all limiting beliefs and think in terms of when you are completely free of any limitation and that you have the ability to achieve whatever you want in the future.

This way you really think long term and make your dream exciting.

So, if you want to think long term, first remove the obstacles in your thinking.

4. An Accurate Definition Of What You Want To Achieve In The Future.

The One Thing

Determining what you want to achieve in your life is one of the best ways to develop the habit of thinking long term.

The problem is that most people don’t know what they want out of their life. I recommend that you read this article that I posted a while ago:

When you know what you want to make of your life, you get clarity, and clarity is power.

In the best selling book One Thing, written by Gary Keller; he said that in order to be productive, you must find your purpose in life. In other words, you need to understand the type of life you want before you can be productive.

This is one of the top books about personal productivity and success. The book to be read. Get it on Amazon now

This is because when you have a clear goal, you can prioritize around that goal. And with priority, you can work on it and be productive.

You can’t be productive if you don’t know your purpose in life.

Set goals, create visualization boards, and visualize the life you want. When you know what you want to achieve in the future, only then can you make a plan and work on it every day to achieve it.

Without a clear goal and clarity about what you want, how can you know that what you are doing today is producing or capable of bringing you the results you want?

So find out what you want to achieve in your life, my friend.

5. Disconnect From The Environment.

Disconnect From The Environment

Basically, the secret is that Buffett knows how to disconnect from his surroundings.

“Besides his ability to spot undervalued companies, another thing that makes him one of the world’s greatest investors is his ability to hold stock even when the market fluctuates. Buffett seems to be able to ignore market indicators and be distracted from the buzz around him by holding on to his stocks and his decisions.

It takes a lot of determination and emotional endurance. You see, most people are emotionally exposed to fluctuations in the market price of stocks. People will tell you to buy or sell, which will ultimately make you become irrational and fearful.

You will become even more emotionally affected when a large amount of money is involved. Imagine that you have invested a huge chunk of your savings in the market, and suddenly the price fluctuates and falls. People around you are constantly telling you to sell and invest in another company instead. What are you going to do?”

From the article: The Secret To Warren Buffett’s Success That No One Knows About

You see, most people are influenced by their environment. But people who think long term will NOT be influenced by their environment.

When you’ve decided to start an eCommerce website and make it big, that’s it. It was decided. You agree to this, work on it until you get the results you want.

Unfortunately, most people will be affected by what others tell them. They allow people to dissuade them from their dreams and goals.

On the other hand, successful people understand what they want and stick to it. When people tell them that their dreams are impossible, they simply ignore them and prove that they are wrong.

Look at Elon Musk. Many people say that his dreams are impossible, and even speak badly about his enterprise, but did he stop and give up? No, absolutely not.

You must have this kind of thinking and way of thinking.

So, learn to separate yourself from your surroundings. When you decide to live your dream, that’s all, the job is done, no questions asked, and you should just go for it and never succumb to the influence of others.

6. Understand That Great Success Takes Time.

Understand That Great Success Takes Time

My friend, you must understand that it takes time to be successful, especially if it is very long.

Have you heard about the history of bambooamboo?

When you plant a bamboo tree, you will notice that for the first few years, bamboo trees will not grow one iota. Even if you water it daily and make sure it has enough sunlight and the soil is fertile and suitable.

However, in the fifth year, something amazing will happen. Bamboo trees will grow 80 feet in a short 6 weeks.

The moral of the story is that for the first few years, bamboo trees don’t grow upward, but downward. They sprout their roots deep in the earth because they want to grow up to heaven.

The same principle applies to your life and what you want to achieve. You must learn to grow and build a solid foundation like bamboo did.

Learn to walk before you run. It takes time to be successful, my friend.

It won’t be an instant success. Therefore, you must always be ready and willing to put in the daily effort to grow your foundation.

When the time comes, you will grow your business exponentially and reach sky-high heights like bamboo.

That’s why you want to think long term, right? Things won’t happen overnight, so be patient and work on it.

7. Evaluate The Actions You Do Daily.

Evaluate The Actions You Do Daily

Another good suggestion that helps you think long term is to evaluate what you do on a daily basis.

Ask yourself, what do you do every day? Are you on an important or urgent matter?

In most cases, urgent matters do not help much in your long-term success. On the other hand, important things usually contribute to your long-term success, but are not urgent.

For example, answering a call may be urgent, but the call may not be important. Cleaning the house because it’s a mess is urgent, but not so important.

And when it comes to online marketing, setting up a lead generation system, promoting your products, services or websites, and creating new products is all important, but it really isn’t that relevant.

On the contrary, urgent questions or answering emails, creating a beautiful website design or logo, reading related articles, and learning new marketing techniques.

In short, urgent things usually don’t contribute to your future success. These are just things that you need to decide right now.

The important things usually help you achieve your goals, but they’re not really that important and you can put them off for a while.

So, evaluate your daily activities. You can use the Eisenhower box method to manage important and urgent tasks.

The main thing is to identify important work that will bring you the desired results in the long term.

If you focus and do only things that are urgent and not conducive to your future success, you are just marking time and not moving forward.

Hence, identify the important things that really contribute to your long-term success. And then make a schedule and work with them.

People who think long-term work on important tasks that bring them maximum results.

They don’t waste time on urgent but unimportant things like sending clothes to the laundry or calling to make an appointment with the dentist, right?

They spend their most productive time on the most important work, because the rest can wait.

I highly recommend that you read ONE THING to find out what really matters in your life and to learn more about long-term thinking. If you haven’t read the book yet, go and buy yourself a copy now.

Conclusion

Long-term thinking is important, but don’t overdo it. Some people are so obsessed with their long-term thinking and never make any conscious effort.

In my opinion, both long-term and short-term thinking is equally important.

You need to both excel and achieve significant success in life.

Simply thinking about the long-term future may not work because you may lose control of what you need to do right now.

You need to think long term to stay on track, and at the same time, you also need to think short term to know what to do to get there.

So how do you practice long-term thinking? Share your ideas in the comment section below. To your health.

Also Read: Top 7 Reasons Why People Love Sydney

 

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