There is only one difference between a successful person and a failure!

There is only one difference between a successful person and a failure!

Now is the time to spend three minutes reading a Facebook post. You can absorb the wisdom that a Harvard professor has acquired over 50 years of research in just three minutes. This is the real remaining business.

This is from the book "Get Smart." Harvard University professor Edward Banfield spent 50 years studying only one topic. What makes the difference between the rich and the lowest classes?

50 years!! What a long time it has been. He shared his findings with the world in a book called Unheavenly City Revised, Waveland Press, 1990. It is a famous book.

Banfield was divided into seven tiers according to social and economic achievements. And observed each tier. Collected data. Analyzed data.

No factor, such as origin, education level, age, etc., could explain the difference between classes. However, only one element was consistently explaining.

Difference in "forecast time" !! How far into the future does one predict? Someone only predicts the future in 10 minutes. Someone lives a year or two from now on. Someone lives a year or two from now on. Someone lives a few decades from now on. The length of time to forecast varies from person to person. The longer the forecast time, the higher the hierarchy.

The alcoholics at the bottom thought only of the next drink. CEOs at the top thought for years, decades, and even the next generation.

If you want to be successful, think about the long future as possible!! Thinking about the far future makes decisions better. You can act optimally with a clear intention to achieve your future goals. The same principle is that a distant investor makes a lot of money.

It is from a book called Social Environment. In 1997, Gary McPherson randomly selected 157 children who were studying musical instruments. Some of them became performers and some gave up halfway. They studied the differences between the two groups. They were not intelligent, auditory, mathematical, income or rhythmic.

The answer was to the question, 'How long do you plan to play the instrument?' The children asked this question before choosing an instrument. Those who answered that they planned to play for a while did not become performers. Those who answered that they would continue playing for several years became considerable. Some answered, 'I'm going to be a musician. I'm going to play for the rest of my life.' These children have achieved tremendous achievements. The future determines everything.

"I do business, investment, reading books, writing, YouTubers until I die."