Chapter
Maximizing Long-Term Gains vs Short-Term Earnings
32:18 - 39:00 (06:42)
The speaker discusses the importance of prioritizing long-term gains over short-term earnings when it comes to investing, citing personal examples of successful investments and raising more money through this strategy.
Clips
The speaker discusses how he has invested in multiple companies, seeing a significant return on investment, and the importance of raising funds for investing in various deals.
32:18 - 34:05 (01:47)
Summary
The speaker discusses how he has invested in multiple companies, seeing a significant return on investment, and the importance of raising funds for investing in various deals.
ChapterMaximizing Long-Term Gains vs Short-Term Earnings
EpisodeSomeone Paying Our Producer $100K for Advice? - Here's the Story
PodcastMy First Million
Amazon's success is attributed to its willingness to prioritize a long-term strategy over maximizing quarterly earnings, enabling them to take risks with investments such as two-day shipping and a larger inventory that have proven to be their biggest competitive advantage.
34:05 - 36:31 (02:26)
Summary
Amazon's success is attributed to its willingness to prioritize a long-term strategy over maximizing quarterly earnings, enabling them to take risks with investments such as two-day shipping and a larger inventory that have proven to be their biggest competitive advantage.
ChapterMaximizing Long-Term Gains vs Short-Term Earnings
EpisodeSomeone Paying Our Producer $100K for Advice? - Here's the Story
PodcastMy First Million
In this podcast, the speaker emphasizes the importance of owning the majority of something rather than just a slice of a big pie.
36:31 - 39:00 (02:28)
Summary
In this podcast, the speaker emphasizes the importance of owning the majority of something rather than just a slice of a big pie. He suggests that it is better financially and discusses startup investing as an enjoyable option to consider rather than owning another business.