EP03. Building a Psychology of Delayed Gratification

Beneath The Underdog

English - October 07, 2021 10:00 - 52 minutes - 36.2 MB
Entrepreneurship Business business entrepreneurship construction property mining logistics mindset abundance personal development growth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: EP02. The Importance of Early Diversification

"I want it, I got it"... But have you budgeted for it? and do you understand the opportunity cost that spending that capital will have on the rate of growth of your business?

The monetary benefit of business can undeniably lead to lifestyle changes and habits which may not always be in the best interest of one's business and future planning, However, the upside of the risk you took to begin your venture is not always guaranteed either so one needs to be mindful of their expectations. Join Nkululeko, Samukelo & Siyanda as they discuss how to build a psychology of delayed gratification so that you can position yourself and your business for scale regardless of the situation you find yourself in.

Show Notes;3:33 - Money management17.25 - Understanding that your business is a separate functioning entity27:20 - Self programming to position yourself for scale36:10 - Why Re-investing early is crucial46:10 - The 3 nuggets of wisdom

Youtube: https://youtu.be/z44QoJoCrMw