People tend to systematically overvalue near term over long term rewards. This effect seems to be even stronger in more ambitious people. Their ambition seems to make it hard for them to forgo the nearby upward step. Your upward trajectory is full of peaks and valleys and sometimes you have to go down (sacrifice in the short run) in order to climb even higher in the long run
chris dixon
BUSINESS: People early in their career should learn from computer science: meander some in your walk (especially early on), randomly drop yourself into new parts of the terrain, and when you find the highest hill, don’t waste any more time on the current hill no matter how much better the next step up might appear.