Michael Simmons writes that such billionaires think in 4D while most people think in 1D:
Dimension 1: Focus on one field (specialization)
Dimension 2: Learn across disciplines, apply to a specialty (polymath)
Dimension 3: Think vertically from hacks to principles (mental models)
Dimension 4: Think hundreds of years into the past and future (time)
The full article is worth a read.
But this 2018 quote from Jeff Bezos about sums it up:
Friends congratulate me after a quarterly-earnings announcement and say, ‘Good job, great quarter.’ And I’ll say, ‘Thank you, but that quarter was baked three years ago.’ I’m working on a quarter that’ll happen in 2021 right now… I get to work two or three years into the future, and most of my leadership team has the same setup.
If you have the luxury of not needing to earn much money right now, what could you work on that would pay off in a few years, rather than in a few days/weeks/months? 🤔