Why are we, as entrepreneurs, so optimistic about our growth during the first stages of our businesses? We overestimate what we can do in 1 year, but underestimate what we can do in 5-10 years.
The pain of experience teaches you to be wiser with projections for years 5-10.
Optimism is not bad but it needs to be based in reality. Most plans/projections/assumptions written by inexperienced people are yikes in the extreme with the items that get over-looked.
The pain of experience teaches you to be wiser with projections for years 5-10.
Optimism is not bad but it needs to be based in reality. Most plans/projections/assumptions written by inexperienced people are yikes in the extreme with the items that get over-looked.
https://quoteinvestigator.com/2019/01/03/estimate/
it's human psychology
it's not specific to business/startup/...
it could relate to one, two, three, too many perception
might also relate to the marshmallow test
or the feeling of control...