Focus On The Long Term (Marshmallow Experiment)

shorts Apr 14, 2021

The Marshmallow Experiment

In the 1960’s Stanford University conducted a series of experiments.

A child was offered a choice between one marshmallow provided immediately or two marshmallows if they waited for a short period, usually 15 minutes, during which the tester left the room and then returned.

In follow-up studies, the researchers found that children who were able to wait longer for the preferred rewards tended to have better life outcomes, as measured by wealth attainment, educational attainment, body mass index, and other life measures.

To put it simply, those who resist instant gratification in favor of long-term outcomes do better in life.

To tell you the truth, up until 2017 I had been playing the short game.

I loved helping patients, I loved practicing medicine, but I found the majority of my time was spent doing repetitive tasks and drowning in a sea of bureaucracy. 

How much longer could I keep this up? I wasn't getting any younger, and I wanted to spend more time with family, doing the things I loved.

But I was too scared to try anything new. To plan for my financial future. To start a new business. To invest in my education or hire a coach. To even read a damn book!

This served me in the early stages of patient care but it wasn’t sufficient to take me where I wanted to go.

It’s All About Long Term Planning.

If you don't have a plan for your financial future, you'll become a part of someone else's plan (hint: corporate medicine).

Most doctors go into medicine to help other people, not for the money. But when you stop working so does your income. That's not a scalable business model.

It might work short-term. But in the long-term, your patient care suffers, your mental health suffers, and you end up becoming a "cog in the machine".

A lot of "gurus" out there will start a blog, a podcast, and shout on a stage telling you a "magical loophole" they found that allows you to exploit some rare opportunity in real estate.

This is short-term thinking. Trust me, as enticing as that sounds… You don’t want that.

Our team at Digital Doctor™ provides world-class business training for medical professionals.

To do that, we teach you the timeless and universal fundamentals of business. We teach our students how you how to master this new age of medical consulting.

The world is changing a lot, and we're moving into a new period. The way of thinking and the systems I've created for this new age of consulting are on the leading edge, and they're beating out the old, traditional forms of consulting.

By learning how this new world of consulting works, you will be at the forefront of this new age.

You will be one of the leaders pioneering this movement.

Over the next 4 days - I've opened up our calendars to show you how it works, what's included, and how it can help you automate your medical expertise, so you can free yourself from your time, location, and finances.

BOOK YOUR FREE CALL NOW

...We've helped over 100+ hospital slaves transition to Digital Doctors™. With our track record, we can show you how busy doctors are making passive income by selling their expertise online. 

TRANSCRIPT

welcome back dr zoda here so one thing that i've observed in the world today is that a lot of people are just completely distracted they're focusing on things that simply do not matter politics the kardashians drama social media stuff like that and they're unable to focus on the things that truly do matter the things that actually move their needle the things that actually help them get to where they want to go i believe a lot of us we just want to live a healthy life we want to spend more time with our family doing the things that we love we want to help more people on our own terms without sacrificing our time for results for our financial future and instead of doing that we are just distracted and caught up in the web of a tangled mess and just getting distracted doing the things that don't really contribute to that goal and it you know to be quite honest for a long time until quite recently i've always been thinking quite short term and back in the 1960s they actually conducted an experiment were on children where a child was offered a choice between one marshmallow right now or two marshmallows if they waited for 10 minutes and during which the examiner would leave the room and come back later on and in follow-up studies the the researchers discovered something fascinating the researchers found that the students the children who were able to wait longer to delay gratification they were able to do much better in life on every aspect whether it's grades whether it's financial stability whether it's a good career a good wife a good husband a good spouse great mating opportunities all of that is in favor of those that were able to delay gratification they were able to be patient to wait 10 minutes for an extra marshmallow and to put it quite simply those who were able to resist instant gratification in favor of the long term they tended to do much better in life exponentially better and to tell you the truth until quite recently i've just been playing the short game and it's almost embarrassing for me to admit but my focus was just ongoing about my day right i think a lot of doctors especially my colleagues we just go about our day to day and we don't think too too much we just go through our commute we go to the hospital we find the paperwork we round our patients and we do the same one-on-one consultations over and over again and we kind of live in the moment we go back home we watch some netflix we grab a couple of beers with our friends we might spend time with our family taking care of our children and that's it and that same story repeats over and over and over again now for some people that might be their ideal lifestyle but for me and for many of my clients we just wanted something new we wanted something different instead of doing the same thing over and over again we wanted something that's long term something that actually lasts instead of spinning the hamster wheel over and over again we wanted to think about the long term the financial future of our family the financial future of our careers and especially with covet coming up this long-term thinking this long-term thinking it's really just all about the long-term and insanity is doing the same thing over and over again expecting different results i think a lot of us we just want to achieve our goals our financial goals to help more people on our own terms to free up our time to spend more time doing things we love to spend time with the people we love and travel a bit more and experience all that life has to offer right if we don't want to be in our 50s in our 60s in our 70s on our wheelchair on our deathbeds and not having experienced enough of the world and i see so many of my patients they're on their deathbed their biggest regret is not taking a chance on themselves not investing in their right opportunity not taking a chance on themselves not exploring their own passions not helping more people with the expertise that they had and because of this i've decided to create the digital doctor program where we help busy doctors build passive income by selling the expertise that they already have we simply package the expertise that they already have for the online world in order to generate meaningful impact to on a global scale and also massive passive income on autopilot and since we started many of our clients are getting amazing results we have fifteen hundred dollars coming in over brunch we have um wins after another we have you know experiencing your first client we have medical intern uh abigail she just got one sale every day for the last four days that's four thousand dollars in just four days completely on autopilot meanwhile she was still actually studying for her us moe's so the list goes on and on and on if this is something that you're interested in if you want to generate more passive income without sacrificing your time doing one-on-one consultations without sacrificing your time doing the same thing over and over again expecting different results then by all means check out our four-step system webinar where we walk you through the four steps that we use our team users to help our busy doctors build passive income by starting their own automated online courses and this is a very valuable video if you think this system is going to work for you simply book a call to speak with my team and let's talk we'll see if our system actually works for you and if it does then we'll make you an offer if not no worries no hard feelings you'll still get a free 45-minute call with me and my team to see how we can help you map out your financial future i hope this video was valuable and i encourage you to think about the long term instead of just the short term and just getting by on the day to day that is one of the biggest breakthroughs that i had in my own medical career and in my own life experience thank you for watching and have a great day
Close

Join Free Training

Enter your email to watch this free training video