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Episode 31- Great Vs. Now: Why Deferred Gratification is the Key to Compounding Success
Colin and Wheeler unpack the profound meaning behind Rick Rubin's quote: "Great is better than now." They dive deep into the concept of deferred gratification and how prioritizing the "great" future over the "good enough" present influences major life decisions, from buying a house to building a successful business. Using real-life examples like the famous Marshmallow Experiment and the persistent engineering of the Porsche 911 , they explore the necessity of process, patience, and repetition in achieving true, lasting greatness. This discussion offers a balanced, thoughtful perspective, like a trusted friend, helping listeners think more clearly about their own goals.
The conversation then pivots to the practical struggles of recognizing when a goal is truly achieved—the tension between the "infinite horizon" of ambition and appreciating the "now great" things in your life. Colin and Wheeler introduce powerful tools like journaling and thought partnership (even with AI) as ways to break mental circles, process conflicts in core values, and define a clear end goal for major life changes, whether it’s a career shift or moving to a new location. The hosts emphasize that while instantaneous choices often lead to regret, true pride is built through a massive amount of sustained effort over time, creating a valuable legacy rather than something quick and fleeting.
Tune in to discover how embracing the journey and trusting the process is essential to personal and financial growth. Whether you’re an entrepreneur, an investor, or someone seeking to live more intentionally, this episode will inspire you to pause, check your information diet, and commit to the ongoing evolution of making things great. It serves as a cornerstone for the Compound Growth community—a space where thinking people gather to stay curious, optimistic, and grounded in a noisy world.
Follow Us:
- Instagram: https://www.instagram.com/compoundgrowthpod
- YouTube: https://www.youtube.com/@CompoundGrowthPodcast
- TikTok: http://www.tiktok.com/@compoundgrowthpod
- Wheeler’s LinkedIn: https://www.linkedin.com/in/wheeler-crowley-0a63933b/
- Colin’s LinkedIn: https://www.linkedin.com/in/colin-walker-mba-6099a038/
Credits:
Created By: Wheeler Crowley and Colin Walker
Production Assistance: Tori Rothwell
Editing and Post-Production: Steven Sims
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By Compound GrowthColin and Wheeler unpack the profound meaning behind Rick Rubin's quote: "Great is better than now." They dive deep into the concept of deferred gratification and how prioritizing the "great" future over the "good enough" present influences major life decisions, from buying a house to building a successful business. Using real-life examples like the famous Marshmallow Experiment and the persistent engineering of the Porsche 911 , they explore the necessity of process, patience, and repetition in achieving true, lasting greatness. This discussion offers a balanced, thoughtful perspective, like a trusted friend, helping listeners think more clearly about their own goals.
The conversation then pivots to the practical struggles of recognizing when a goal is truly achieved—the tension between the "infinite horizon" of ambition and appreciating the "now great" things in your life. Colin and Wheeler introduce powerful tools like journaling and thought partnership (even with AI) as ways to break mental circles, process conflicts in core values, and define a clear end goal for major life changes, whether it’s a career shift or moving to a new location. The hosts emphasize that while instantaneous choices often lead to regret, true pride is built through a massive amount of sustained effort over time, creating a valuable legacy rather than something quick and fleeting.
Tune in to discover how embracing the journey and trusting the process is essential to personal and financial growth. Whether you’re an entrepreneur, an investor, or someone seeking to live more intentionally, this episode will inspire you to pause, check your information diet, and commit to the ongoing evolution of making things great. It serves as a cornerstone for the Compound Growth community—a space where thinking people gather to stay curious, optimistic, and grounded in a noisy world.
Follow Us:
- Instagram: https://www.instagram.com/compoundgrowthpod
- YouTube: https://www.youtube.com/@CompoundGrowthPodcast
- TikTok: http://www.tiktok.com/@compoundgrowthpod
- Wheeler’s LinkedIn: https://www.linkedin.com/in/wheeler-crowley-0a63933b/
- Colin’s LinkedIn: https://www.linkedin.com/in/colin-walker-mba-6099a038/
Credits:
Created By: Wheeler Crowley and Colin Walker
Production Assistance: Tori Rothwell
Editing and Post-Production: Steven Sims