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    It’s Time To Focus On The Long Term | A GaryVee Mashup

    enJuly 11, 2020

    Podcast Summary

    • Recognizing your role and prioritiesSelf-awareness helps identify where you fit best and what truly brings happiness, not everyone is meant to be a founder, supporting roles can lead to significant success, and focusing on what matters is crucial.

      The importance of self-awareness and understanding one's capabilities and priorities in life and business. Gary Vaynerchuk emphasized that not everyone is meant to be the founder or the face of a successful company, and it's crucial to recognize where one fits best and what truly brings happiness. He shared an example of the 19th employee at Facebook making more money than the founders of most companies, highlighting the potential for significant success in supporting roles. Furthermore, Gary emphasized the importance of recognizing that making a larger income may not necessarily lead to greater happiness and that it's essential to identify and focus on what truly matters to us. Self-awareness is a powerful tool that can help individuals make informed decisions about their careers and lives.

    • Finding fulfillment in the process of growthTo achieve long-term success, focus on understanding yourself and finding fulfillment in the process of growth and development, rather than external validation or material possessions.

      The drive to be successful should come from a deep personal connection to the process rather than an external desire for material possessions or social validation. The speaker emphasizes the importance of understanding oneself and the significant amount of hard work required to build a successful business. He warns against the dangers of envy and short-term thinking, which can lead to unhealthy and unsustainable behaviors. Instead, he encourages focusing on the journey and finding fulfillment in the process of growth and development. Ultimately, the speaker believes that this mindset is essential for true happiness and long-term success.

    • Finding fulfillment through authenticity and personal interestsAuthenticity and focusing on personal interests leads to passion and fulfillment, rather than material possessions. Finding the intersection of personal interests and market opportunities can lead to building successful businesses.

      Passion and fulfillment come from living authentically and focusing on what truly matters to us, rather than material possessions. The speaker expresses a deep connection to their work, to the point where it feels like breathing. They are unimpressed by wealth flaunted through material goods and are more impressed by those who make their own fortunes. Ultimately, happiness comes from finding the intersection of personal interests and market opportunities, and for some, that happiness is found in building businesses and running them, regardless of the industry.

    • Follow your passions for sustainable successBuild a business around your interests for happiness and fulfillment, even if financial gains aren't immediate. Failure and adversity can shape future success.

      It's essential to build a business around your passions and interests, rather than solely focusing on financial gains. Happiness and fulfillment are sustainable sources of motivation, and they can lead to success even if the financial rewards are not initially significant. For instance, if you're passionate about football, you could build a successful business around it, whether it's creating a large Instagram page or selling football jerseys on Facebook Marketplace. Failure and adversity can also be valuable experiences that help shape your foundation for future success. The speaker's personal experience as a bad student and an immigrant who was used to failure ultimately led them to become a successful businessman.

    • The path to building something meaningful takes time and patienceStay driven by gratitude, keep a binary perspective, understand setbacks are natural, and maintain a strong work ethic for long-term success

      Building something meaningful takes time, patience, and a strong focus on internal skills. People often get discouraged by the instant gratification culture and expect to achieve success quickly, but the reality is that it can take 10-15 years or more. Worrying about other people's opinions can also hold you back. It's important to stay driven by gratitude, keep a binary perspective on what truly matters, and understand that setbacks and hardships are a natural part of the process. Patience, focus, and a strong work ethic are essential for long-term success.

    • Imagining the death of his mother as a coping mechanismSpeaker uses imagining mother's death as a tool for emotional resilience, maintaining consistent emotional state, and approaching life with detachment.

      The speaker has adopted a unique coping mechanism for dealing with life's ups and downs by imagining the death of his mother. He has been practicing this for over a decade and finds it helps him maintain a consistent emotional state, regardless of the events that unfold in his personal or professional life. While some may find this approach insincere or even morbid, the speaker argues that it allows him to approach life with a detached perspective, which can be valuable in a world where people are constantly dealing with various challenges. He plans to share this thought process more publicly, recognizing that it may not resonate with everyone but believing that it is worth exploring as a potential tool for emotional resilience. The podcast, which has inspired and provided ideas for growth for its listeners, is encouraged to leave reviews and subscribe for more content.

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