{"id":30,"date":"2023-01-02T06:25:54","date_gmt":"2023-01-02T06:25:54","guid":{"rendered":"https:\/\/longtrepreneur.com\/?p=30"},"modified":"2023-05-20T20:29:47","modified_gmt":"2023-05-20T20:29:47","slug":"keep-your-eyes-on-the-prize-long-term-success","status":"publish","type":"post","link":"https:\/\/longtrepreneur.com\/index.php\/2023\/01\/02\/keep-your-eyes-on-the-prize-long-term-success\/","title":{"rendered":"Keep your eyes on the prize: Long-term success"},"content":{"rendered":"\n<p>Your stocks portfolio took a 50% dive; it blew you to smithereens. Don&#8217;t fret! The markets do come back home to roost. This hurdle is a mere speed-bump, and you lose your sleep over it. Not worth the headache.<\/p>\n\n\n\n<p>The global financial capital markets are in a tumultuous free fall due to predecessors favouring short-term profits over long-term gains. That&#8217;s how mysterious <strong>&#8220;they made it that way&#8221;<\/strong> is the only excuse the society gravitates towards accepting the status quo.&nbsp;<\/p>\n\n\n\n<p>It&#8217;s a false notion that has brought about the demise of many enterprising corporations to a swift end. As the late Steve Jobs used to say, &#8220;you can only connect the dots looking backwards.&#8221;<\/p>\n\n\n\n<p>The 2008 financial crash brought about colossal changes to the financial services, whereby a new breed of financial technology companies, aka &#8216;fintech,&#8217; startups made their foray into reforming the broken fiscal system, which had systemic risks artificially baked into it.&nbsp;<\/p>\n\n\n\n<p>Most sane corporate executives are blowing the long-term thinking horn because they have realized that short-term, quarterly cadence pressure puts a damper on unlocking the true monetary value of a business.&nbsp;<\/p>\n\n\n\n<p>Many of you may not have heard of LTSE yet. Long-Term Stock Exchange(LTSE) is a challenger stock exchange focused on solving the dreaded short-term problem by enforcing a corporation&#8217;s hand to a binding agreement toward long-term success. <strong><em>Full disclosure: Longtrepreneur has no financial, personal, or professional interest in mentioning the LTSE. <\/em><\/strong><\/p>\n\n\n\n<p>When these new breeds of fintech startups successfully build the reimagined financial layer of the society, it will move the short-term laden financial system to the curb, making way for the new and equalized financial services.&nbsp;<\/p>\n\n\n\n<p>The annals of the corporate world, industry pundits, end-users and onlookers are watching to see how all this plays out. We are rooting for anyone in the financial sector trying to bring about a progressive change that the world deserves.<\/p>\n\n\n\n<p><strong>Photo by Annie Spratt on Unsplash<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your stocks portfolio took a 50% dive; it blew you to smithereens. Don&#8217;t fret! The markets do come<\/p>\n","protected":false},"author":2,"featured_media":184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,6],"tags":[20,23,9,22,19,8],"class_list":["post-30","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-opinion","tag-apple","tag-investing","tag-long-term","tag-ltse","tag-meta","tag-venture-capitalist"],"_links":{"self":[{"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/posts\/30","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/comments?post=30"}],"version-history":[{"count":2,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/posts\/30\/revisions"}],"predecessor-version":[{"id":185,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/posts\/30\/revisions\/185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/media\/184"}],"wp:attachment":[{"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/media?parent=30"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/categories?post=30"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/longtrepreneur.com\/index.php\/wp-json\/wp\/v2\/tags?post=30"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}