Delayed Gratification – Two Marshmallows for Business Success
January 22nd, 2010“Here is one marshmallow. If you don’t eat it in 15 minutes I will give you another one and you can eat both.”
Thus begins a fascinating experiment in delayed gratification. Fascinating not only for the hysterical looks on the kids faces as they tried to not eat that first marshmallow (see below) but also because it was found to be a primary determiner of high school success. Kids who managed to not eat the first marshmallow were by a wide margin better at doing whatever they set their minds to in high school.
This reminds me of a more general quote, “People usually fail because they give up what they want most for what they want in the moment.” This works for so many things, but right now I am going to apply it to the business of web sites and draw just out a few simple points
- Don’t get so caught up in doing business that you forget to grow business
- Don’t stop blogging because you are “too busy” – how will your new customers find out what you are all about?
- Don’t hire the wrong person…ever. Even if the wrong person is the only one you can find right now. It’s almost never worth it. Some big companies know this: Why do you think it’s so hard to get into Google or Microsoft?
- And finally, Don’t stop exercising. Would you really be happy with a business, money and no health?









