MICHAEL E. PORTER

They prioritize long-term gains over short-term wins even if that is unpopular and causes immediate pain. They do that because they realize that it takes time to achieve key results.

The pursuit of short-term gains can harm your long-term strategy. Winning, in the long run, requires letting...

Focus requires self-control and the ability to resist short-term temptations for long-term gains. Breath-work, yoga and meditation are mindful practices that effectively boost your willpower and focus, regardless of your shifting thoughts and volatile emotions.

Our decisions are often altered by two subtle short-term emotions:

1. mere exposure to things we are used to: we like what’s familiar to us
2. loss aversion: losses are more painful than gains are pleasant.

Loosing sucks and we subconscio...