Hyperbolic Discounting - The tendency for people to take the smaller short term reward versus the larger long term reward.
As I've thought about this more over the past couple of weeks I'm seeing that there are times that Hyperbolic Discounting may actual be the thing you should do. There are times when the short term reward is exactly what you should be taking. There are also times when you should be waiting and holding out for the longer term rewards.
Interested in the FBD program? Just want to know more about it? Just send me a message and we can chat.
#5bydesign #FBD #30dayvideochallenge
Jason Roy
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