Setting ambitious, long-term goals is essential for success because they attract and retain talented people, maintain team focus, and create opportunities for innovation even when initial objectives aren't met, as demonstrated by Larry Page's experience co-founding Google.
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Larry Page – The Long-Term VisionaryAdded:
A lot of times my issue is people are not setting goals that will be something that somebody who's who becomes rich or is could do anything.
You got to be excited about working on that for 10 years.
>> [music] >> So, you got to have a big enough goal that you know, you attract the best people and you retain them.
>> [music] >> And you keep them focused.
Then my experience, you don't go wrong.
You know, maybe you don't hit it next year or maybe you fail entirely and you discover something more exciting [music] to work on with the same set of people.
>> [music]
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