As the world evolves to one of “instant gratification,” it seems that doing business has as well.
Even though I believe in moving fast and creating value for customers as quickly as possible, I do believe that we should take a long term view on building a business.
Long term means that you invest the time to find the right employees who share your values. It also means finding partners that make you look good and are going to be around in 10-20 years.
Short term is all about optimizing for near term gains. It can also mean either pushing your team to exhaustion or always sucking the value from any deal to be all one-sided.