As we began our education in grade school, we were motivated to study with grades. And grades, we soon realized, yielded the reward of approval from parents, teachers, and peers. We would study non-stop for days to take an exam, with the assurance that we will receive a grade within a week. Later, as we entered the job market, our daily work was rewarded with a monthly salary. In many cases, an immediate commission was rewarded for each sale – or aggregated into a bonus at the end of the year.
All that we do appears to be governed by reward systems, and the most powerful reward systems are short-term. Short-term rewards are meant to sustain, to preserve the status quo. Yet, during the pursuit of extraordinary achievements, the traditional short-term rewards do not suffice.
To make bold ideas happen, a short-term reward must be transcended and a long-term reward must be realized. This is called vision. Great companies are started by people who give up their day jobs and make a tremendous sacrifice. Great organizations and societies are built over time through the long-lasting vision and fortitude of a committed membership. When near-term benefits do not exist, vision should be the bridge that helps us achieve our goals. But vision doesn’t cut it.
Great leaders and true visionaries have found a way to manipulate reward systems to meet their own ends and those of their employees. Their strategy? Impose a sophisticated short-term reward structure overhaul – one that incentivizes us to make decisions that are oriented toward the long-term but appease us in the short-term as well.









In one of the interviews for my upcoming book, the case was made that, to fully engage in the entrepreneurial pursuit, you must be, to some extent, delusional. I was interviewing Andrew Weinreich, a classic trailblazing serial entrepreneur. Weinreich created one of the earliest social networks, SixDegrees.com, which he eventually sold in January, 2000 to Youthstream Media Networks, a publicly held company, for $125 million. He then founded meetmoi.com, a mobile dating service. In each venture, Weinreich has played the role of founder and leader.
[From The Interview Archives at Behance]
At the conclusion of a long project, the last thing we want to do is change everything up. However, it is only at the end of a project that everyone is fully focused. The holes become more clear and brilliant realizations are most apparent only when the product is practically finished. It is an unfortunate truth that, in such a busy world, we rarely focus on something until we absolutely have to.





