Recited from Marcel Wichmann
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Marcel Wichmann Amazon's Jeff Bezos.
If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people. But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavors that you could never otherwise pursue.
Estimated reading time: 20 min
Emanuel Schwarz Jeff Bezos.
Emanuel Schwarz I think that is a really great idea on how a "vision" can actually work for a company.