Don’t Eat the Marshmallow….Yet!

Don't Eat the Marshmallow...Yet!

by Joachim de Posada & Ellen Singer

A quick and powerful read for those who have never really taken control of your fiscal or professional life.  Don’t Eat the Marshmallow….Yet! by Joachim de Posada provides a story to illustrate the point of his lessons.  Mr. Patient has a limousine driver (Arthur) who is unable to save money, has limited direction, and “eats all his marshmallows” without saving any.  He has no savings, no personal romantic relationships, no direction for ‘what’s next’, but through Mr. Patient (having patience), Arthur learns and persists to make his dreams come true.  These are the lessons that one needs to learn:

1.)    Don’t eat all your marshmallows yet (based on the experiment of Dr. Walter Mischel – check it out) 

2.)    Successful people don’t break their promises

3.)    A dollar a day doubled every day for thirty days equals more than $500 million

4.)    To get what you want from people, they must have a desire to help you and they must trust you

5.)    The best way to get people to do what you want them to do is to influence them

6.)    Successful people are willing to do what unsuccessful people are unwilling to do

7.)    Success doesn’t depend on your past or your present.  Success begins when you are willing to do things that unsuccessful people are not willing to do

The question is left to you… what are you willing to do?  Fun, quick read.  All young kids should read it.  Great tenets to apply to your life every day.