Success requires a paradoxical mindset: commit to a long-term vision (e.g., a decade) while being relentlessly consistent with daily actions. Compounding only works over long time horizons, so outlast competitors by sticking to the process for the 'thousand days' it takes to see exponential growth.

The most successful founders, like Koenigsegg, say the same things on day one as they do 20 years later. Their success comes not from pivoting, but from the relentless, decades-long execution of a single, powerful vision. This unwavering consistency compounds into a massive competitive advantage and defines the company's character.

Prioritize sustainable, long-term growth and value creation over immediate, expedient gains that could damage the business's future. This philosophy guides decisions from product development to strategic planning, ensuring the company builds a lasting competitive advantage instead of chasing fleeting wins.

Maximizing daily output does not maximize yearly output. Long-term success requires investing in activities like building trust, relationships, or skills, which often yield no immediate returns and may seem inefficient day-to-day. Consistently choosing short-term tactics over long-term strategies ultimately limits growth.

Some companies execute a 3-5 year plan and then revert to average returns. Others 'win by winning'—their success creates new opportunities and network effects, turning them into decade-long compounders that investors often sell too early.

Instead of optimizing for a quick win, founders should be "greedy" and select a problem so compelling they can envision working on it for 10-20 years. This long-term alignment is critical for avoiding the burnout and cynicism that comes from building a business you're not passionate about. The problem itself must be the primary source of motivation.

Maximum growth occurs during 'boring' periods of repetitive execution, not exciting periods of innovation. Many leaders, craving novelty, mistake this valuable stability for stagnation and prematurely introduce disruptive changes that hurt the compounding returns of a team mastering its craft.

Rapid startup success stories are misleading. A company's quick victory is almost always the result of its founder's decade-long journey of grinding, learning, and failing. The compounding effect of skills, credibility, and network building is the true engine behind the breakthrough moment.

Contrary to the popular trope, you learn far more from success than from failure. It's more informative to see how things are done right than to analyze what went wrong. To accelerate your career, you should prioritize joining a winning team to observe and internalize successful patterns.