WAIT: Don’t Eat That Marshmallow JUST Yet!

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I had the opportunity to meet author & speaker Joachim de Posada through a mutual friend in Los Angeles about six months ago. As part of this small social group gathering, I learned about his latest endeavor, a book entitled “Don’t Eat the Marshmallow Yet.” With a name as compelling and catchy as that, how could you not be intrigued to learn more?

The book is essentially about how success relates to delayed gratification and our ability to the do the latter to reap the rewards of sustained success. (sustained is the key word here). It is based on a Stanford University study where they left children in a room, each with a marshmallow. They were given the choice of eating it then or fifteen minutes later, when they were promised an extra marshmallow as a reward for waiting. Some ate theirs right away, others waited. A decade later, the researchers learned that the children who held out for the reward had become more successful.

Joachim was so interested in the study as it would apply to his work and as an example in his talks, where he speaks to thousands of corporate executives and professional athletes. The book is the result of his intrigue and his mission is to use it as a way to motivate many, not one, into having a better outcome in their lives.

He does this by telling a story of a young twenty-something year old chauffeur named Arthur who works for a billionaire named Jonathan, both talented men, both intellectually curious. The question is posted: why is Jonathan in the back seat of the limousine and Arthur in the front? What explains the difference between success and failure? And what does it mean to you and your children?

The book is funny and insightful, yet simple and short as he brings you into the heads of both men as Jonathan takes Arthur on a journey of marshmallow eaters and marshmallow resisters.  “Marshmallow resisters” achieve high levels of success while others eat all their marshmallows at once, so to speak-accumulating debt and dissatisfaction despite their occupations or incomes.

Here’s a link to the TED talk Joachim gave about the concept and a link to the book if you’d like to read it yourself. (Ellen Singer is his co-author).

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