The ability to discipline yourself to delay gratification in the short term in order to enjoy greater rewards in the long term, is the indispensable prerequisite for success.
Remember anything you want that's valuable requires you to break through short-term pain in order to gain long-term pleasure.
Now I'm giving up a little in the week-to-week tournaments but reaping the benefits in the majors.
Nothing is harder in politics than to do something now that costs money and will not benefit us until several years from now.
Sometimes if you don't take the easy option, it'll pay dividends in the long run.
That's what the grind is, doing all the little things knowing that something may not come out of it. It probably won't. But the goal is to get a shot at it.
I love when I think we're taking territory - if it makes sense in the long term, we just don't give a damn what it looks like in the short term. After all, we're running a cult, not a normal company.
I've been asked to do 'I'm a Celebrity... Get Me Out of Here!' and I do get asked to do all sorts of things like that - but I don't want to put my career on hold. I'd have to take three weeks off to do something like that. Maybe it's something I'd think about after it's all ended.
Reducing future risks requires paying some immediate costs.
Blitzscaling is always managerially inefficient - and it burns through a lot of capital quickly. But you have to be willing to take on these inefficiencies in order to scale up. That's the opposite of what large organizations optimize for.
I'm willing to lose profits in the short term.
By working toward a financial objective, you'll start to see the money add up for retirement or the credit card balance go down. But it doesn't have an immediate impact on your day-to-day life, and when it does - like when you're pinching pennies to save more - the immediate impact could feel negative.
If I were to be super critical, I would say Formula One is too tactical and not strategic enough. And that brings us back to the digital issue: you may have to invest in order to gain - sacrifice some short-term effects in order to make high returns in the future.
Sometimes a little discomfort in the beginning can save a whole lot of pain down the road.
Good decisions can have bad short-term outcomes but be great for the business long-term.
There's a need for accepting responsibility - for a person's life and making choices that are not just ones for immediate short-term comfort. You need to make an investment, and the investment is in health and education.
I was nice to the people in the Philippines for the two and a half years I was there, because I knew eventually I'd have to kiss up to them so my grandchildren could have toys.
I want to have a career in 10, 20 years, so it's harder now, and maybe more stressful now, but in the future, hopefully it will all pay off.
There are players who tend not to look at the money short-term: they have a bigger plan.
I don't believe in management by fear. I also won't sacrifice the future of a company for a quarter.
What seems to be generosity is often no more than disguised ambition, which overlooks a small interest in order to secure a great one.
Every day you spend drifting away from your goals is a waste not only of that day, but also of the additional day it takes to regain lost ground.
It is a clear gain to sacrifice pleasure in order to avoid pain.
If it was up to me, I’d choose the hard path with the easy ending, not the easy path with the hard end.
In this age, which believes that there is a short cut to everything, the greatest lesson to be learned is that the most difficult way is, in the long run, the easiest.