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Patience, along with other qualities, plays an important role in the economic development of a country as well as at the individual level. Because we know that general economic development is not possible to be done quickly. To develop here, a person must definitely pass a major challenge of being patient. People who have this quality do much better than others at any level of personal or business area.

If someone is patient in doing business, he may not be able to profit in the beginning, but his business will gradually expand. Customers will get an idea about his business. If that person is honest and sincere and continues to do his business with patience, then even if he is not profitable in the short term, he will be successful in the long term. Those who have become established businessmen today did not achieve fame in the beginning, but they were able to achieve their establishment through long efforts and patience.

The situation was very challenging in the beginning of big companies. ‍Such as SpaceX, Apple, Tesla, Amazon, Netflix

and many the owners of these companies have become the owners of established businesses today by working hard and being patient.

Patience is also needed in the development of a country. Because a country can never improve in the short term obviously It takes a long time. Especially countries need time and patience to develop from infrastructure development to education system and other aspects.

For those who are investors, patience is also needed in maintaining investment. If an investor wants to get good results in cryptocurrency, real estate or any other platforms, he must be patient. There are some investors who expect quick profits but in the end those investors are the ones who suffer the most.

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I think patience is an important quality in a person along with other qualities. I would like to know your better opinion on this. What other qualities will enable an individual and a country to prosper economically the fastest?

Patience they say is a virtue, hence your doing the right thing and you keep on keeping on, then you will certainly grow, however their is a caveat to this, being patient while waiting for an investment to grow doesn't mean you shouldn't hesitate to try something new if the opportunity comes, you shouldn't remain patient on one thing while allowing other opportunities to pass you by.  

Don't look at a successful business like Tesla, Netflix, Amazon and believe you will just start up something and be patient about it, a lot of under ground rigorous hard work and brilliance was put into it, experts where consulted and lots of feasibility studies where carried out too. So my point is you can start up a business at the cradle but make sure you put intense hard work and marketing skill to persuade investors to see the need as to why they should invest their money into your idea, so patience is good but it's not enough.

Development of an economy is a gradual process and for anyone to have patience on the growth of an economy their should be already good policies and steps that should be implemented already, if this is not yet done I think it can be waste of time waiting for the improvement of a better economy. When their are efforts being made to set economy to get better one have no choice than to have patience and wait for the results because for sure their will be significant effect with time.

Many times we have been deceived to have patience with the economy and no effort and steps have  being taken.

a businessman should know that he will not get complete return immediately and there should be a time frame he has to check plus business is not constantly stable even the most successful businesses now have gone through some rough patches it is all part of having a business
sometimes doing nothing is doing a lot already the truth is that there is no quick money around here despite whatever some people tell you so just better to work hard and trust the process

You can only have patience when you see signs of improvement. The whole country cant be going to shit and you expect people to be patient and be trusting of the leaders. I don't believe in the talk that it gets worse before it gets better when it comes to this context.
Policies that would be favorable to the people of the of country in the future shouldn't hurt them at the present. If it were, then it should be done gradually.
For example, if a country imports a product too much and the leaders want to stop that, they have to first make sure the country produce a lot of that product before they can close the border on the import of that particular product.

Your words are certainly logical. If we do not take risks and choose the right investment platform, then we will never be able to profit from the investment. In the field of cryptocurrency investment, there are many who have tried to invest in altcoins instead of investing in Bitcoin. Some of them have chosen such investment platforms to get more profit in a short time, where there is no profit even if they hold risks for their entire life. Moreover, it is not logical to assume that we will be able to be established in the way that big companies have been established. But if we look at the matter from a natural perspective, then there is a high probability of getting good results if we assume risks. If you do real estate business or invest in Bitcoin, if you cannot hold risks there, then you should never expect success. In the case of Bitcoin, there are some who prioritize long-term investments because the only ones who can hold onto their coins for the long term are the ones who will be able to profit the most from Bitcoin.

patience and perseverance are the keys to success of many rich people on this earth, since long ago I have never heard a story where an impatient person became rich lol. being patient but doing the right thing is very rare for people to do. Elon Musk himself has experienced ups and downs in his business since 1995 and now he has felt the fruits of the patience that he has continued to cultivate since then.

A patient person will definitely not find it easy to make decisions, everything he does is full of mature consideration and is able to control his emotions because many people cannot withstand the pressure in the middle of the road because they are unable to control their emotions, patience has a thousand benefits and is also the path to success.

If you don't have patience to start a business from the beginning, it will never be easy to establish that business. It will be difficult to find successful businessmen who did not put in the effort and patience to build their business in the beginning. I have not been able to own or start a business. But I am enthusiastic about investing. I initially put my investment in bitcoin but I had no patience. Now realize that if I hold the coin with patience, I could have benefited several times more today. Those who have lost because they did not have a patience, They will be able to gain a very good lesson of the necessity of this quality.

"Rome was not built in a day", hence it is important to be patient. Economic policies don't bear fruit overnight, so citizens of a country would have to wait for these policies and programs to begin to have an impact on the economy.  Some economic programs have a life span of a decade and above, so citizens have to patiently wait.


I went to visit my former colleagues today and two of them told me pathetic stories. They both lost thousands of dollars in investing in several Ponzi schemes. From their stories, I was able to dictate that impatience was behind their woes. It is impatient that will make people invest in such a scheme. They will not invest in Bitcoin if you have told them that they will have to wait for at least four years.

Patience is needed for us to be able to cook a stone into flesh, don't mind me its just an adage of the wise ones, for us to make it in life, we need to have patience, this could mean a lot to us and also be applicable on different aspects, we need to have patience just for us to be on the right position of achieving on something qualitative and tangible for us, this males us to learn more on not giving up, having patience positions us to the right opportunity awaiting us, than when we couldn't wait till that same time arrives.

Patience comes from wisdom.

I noticed many people who want to get rich quick lack wisdom and experience. Even if they get lucky and hit the jackpot, they all spend their winning on stupid shit and they get back to where they were before and become poor again.

Experienced people are aware of this and that’s why they make an extensive research before they spend their money on anything. And because of that they rarely lose money. Some of those people have been hodling btc for more than a decade. Because they exactly know what they are hodling.

In my view, patience is the key to success. It's a thing that, without it, you can't run something smoothly. Businesses face some losses and sometimes profits, sometimes it can face disasters and many other things. But if the owner and staff embrace patience, they will easily overcome that situation without any loss. Many big economies have the same rules and things that you mentioned in your post, without their patience, they would not stand even a single day. So it's a proven fact, be patient, your situation will recover with time, but if you rush into it, then maybe the situation will become worse.

Dedication, organization, planning, hard work, perseverance, creativity, and many more... There are several characteristics to mention regards successful individuals and countries. Fact is that their success didn't happen overnight. It was a process built within time, where tgere were failures as well, until they finally managed to make things work on their favour.

Patience plays a important role on that process, though. It's a key trait which is directly related to every other ones I mentioned above. If you don't have patience, you don't have any of the other characteristics.

Those who try avoiding the path of patience, end falling in scam schemes and liars' nets. Not coincidentally, these are common situations in undeveloped countries.

It's worth remembering that we are seeing the ones that made it, plenty of companies tried to do what Amazon did and spent vast amounts of money but fell by the wayside. Countries are actually much more fragile than companies in many respects, we see that it takes many decades or even centuries to create the institutions that are the bedrock for advanced societies - the judicial system, the education system, the banking system, etc. are all heavily intertwined in how successful a country can become. However when people let their guard down, a manipulative politician can wreak a lot of havoc in a fairly short amount of time and it can undermine the trust in that country for a long time to come, making it poorer as well because the currency will often drop with it.

Of course patient is very compulsory in the aspect of building an economic, you know this process is just similar with that of investment because it takes a lot of time and patient before you can be able to profit from it, just the same with when the government is trying to build the economy of course it takes a couple of years sometimes months that's depending on the person that is been appointed as the leader that's before they can finally build it to it's normal standard, I mean in such a way that no one is going to complain about it.

Regarding the economic development of countries, the concept of patience may be a bit vague because there is no guarantee of success in a common matter, nor is there anything that guarantees everyone's commitment to patience in order to achieve economic revival.
I m from a developing country that gained independence from colonialism more than 70 years ago. Since then, every ruler has asked the people to be patient in order to achieve progress, and no project has succeeded, and the people remain in a natural state of patience. This is the same situation in most developing countries, and now developed countries have joined them.
At the same time, when I see examples of rapid economic growth, such as Korea, which emerged from a completely destructive civil war to quickly recover economically, or Germany, which was unified only 30 years ago, and quickly became an economic superpower, there are many other examples. Our problem is that the leaders of our countries do not understand how much patience we are supposed to have to ensure a sustainable economic growth.

Patience has nothing with business, it never stops. Coca-cola is 138 years old, Facebook 20 years, when would the wait end? Perhaps no instant earning, but failed brands did make money, yet dropped dead in the water. Good things don't come to those who wait. Building an economy demands extraordinary work and effort. Waiting to earn alone isn't the right approach to it, the process is continuous.

If patience means ' when what you wait for arrives, stop waiting!' Amazon would have closed down after hitting tens of billions of dollars. Entrepreneurs make the mistakes of waiting for the right time, right decision, and right office instead of taking actions.

An article on business insider with the topic Patience kills (https://www.businessinsider.com/why-patience-kills-2011-12?r=US&IR=T)  stretches on why you shouldn't approach business with 'patience'.

Patience is like journeying to a place you are not certain about, but if you didn't give up, the end point is mostly glorious.

Patience inpacts economic growth snd human capacity development when cultivated, especially in educating and training people for new challenges.

Any business individual or government who embrace this silent force called patience will always improve labour productivity and enhance economic growth

Economic development never gives short term results the results of investments in business industry or infrastructure projects are often seen after a few years. This is why governments or entrepreneurs need to be patient as they know that the results may not be visible initially but in the long run it will be profitable. When you start seeing small signs of progress it becomes really easy to be patient. For this it is very important to build patience and trust in leaders among the people when leaders are working in the right direction and are committed to the welfare of the people the people also trust them and the entire nation moves towards progress. If leaders make mistakes in communicating with the people or fail to fulfill their promises then it becomes easy to lose trust.

This can really be true when it comes to a country's economic progress. But individual progress, I believe sometimes you would not be able to see immediate results but it does not mean it is going nowhere. Slow process but sustainable one is a lot better than quick and short lived results.
That is true. The challenge with leading a country is you have to remember that there are people out there that are living their lives right now and would not be able to afford to have a few bad weeks or months or years because they will go hungry and in fact they are hungry now. They can't and shouldn't stay hungry for long.

I have to agree as patience is an important part of becoming victorious as an individual or a country, without having patience, you can't wait on the work that you have put in to bring out good outcome for you. You can't get overnight success and think that it'll last longer for you but when you have waited for sometime, all the success you'll be getting will last longer too because you'll be having the experience to make the right decision to continue to be progressing instead of being an amateur that isn't used to the amount of wealth that you get overnight.

A country needs many years of continuous good governance and investment that'll yield a good future for the people of the country. A country can't just turn from being bad to good overnight, there has to be sacrifices that have to be made and during those time, things mightn't look like it'll be better but with continuous determination, the future will be brighter.

Not only in economic development but also in personal development. Look at most of us here in the forum, we're Bitcoin investors and without patience, I don't think that we'll enjoy the fruits of waiting.

Being adaptable. I think it's why many are aware of the changes in the modern world.

Awareness and adaptability makes someone involve and develop more of their skills and raises their curiosity on how to keep up with the modern changes too.

Of course trust is very prioritized in building a difficult condition, especially about the assessment by the people, it is necessary to plan appropriate planning and here the trust will be obtained if the leader is patient in improving the economic conditions that occur, although it is difficult in improving it slowly but its patience is certainly very necessary and that is the key to success in building the economy that occurs.

patience is important because with patience a person can avoid rash decisions and allow them to get optimal results from their efforts. many people are in a hurry to get money or want to improve their careers, but what happens is they fall when they do that because they do not give enough time for the natural process of growth and learning.

patience is the key needed by a person to achieve the maximum in their efforts. with patience they can build a strong foundation from the start and they can be wiser in responding to many things and finally they can achieve better results that they have always hoped for.

If the nation was going to shit, but you believed in the president and the politicians, then there is a chance you could be doing fine. However, in most cases we just don't believe in the presidents or politicians, no matter who they are.

Because in my age, I have seen plenty of presidents, from multiple nations, from multiple different political ideologies, and I have never seen one that I believe has my best in their heart. I am not even talking about just one nation, I have seen about 50 different presidents from all over the world, and I can tell you that none of them cared for the people, they only cared to keep their power and because of this, if the nation is going worse, I distrust them even more.

The clear fact concerning patience also involve other features which op did mentioned for example, skill, knowledge, a good management plan. All this is needed for a better business growth meanwhile a country economy is not just about patience, with past record most country suffer from poor economy growth and it keeps getting bad daily honestly at this point a creative mindset should be involved in order to help the masses. Just patience can’t help a situation including investing, investing needs a patience mindset meanwhile if fail to invest proper without a cash flow definitely the investment will lack meaning, patience is good but, don’t mistake both when it comes to productive working.

Patience alone is not enough in economic terms. Economic development can be achieved better with good planning, information and management of processes. All these processes require a planned progress. Patience is necessary for all these works to be done and progress, but more importantly, a correct plan.

Factors such as making investments appropriately and being able to act according to the market conditions are factors that directly affect the economy. Doing these well will also bring economic development.

Patience without a plan also means nothing in building a country because what is needed is how a leader has a plan to build his country to be more advanced. Every leader is given five years and if they are unable to make profitable policies then patience is meaningless because in the next election they will not necessarily win the election again. Leaders who have a plan to compile priority programs are those who have a background as successful and capable people.

For individual people it may be true that patience is a quality in building an independent economy because it is impossible for them to achieve success in the near future without good planning. In addition, maturity is needed in carrying out something to achieve personal success in finance because it is not easy to do without a strategy.

I don't believe this. I don't believe that every world leader doesn't care about their people but just wants to remain in power. In my own country, I've never seen a president who actually cares about the people, but there are world leaders who truly care about it people.

I'm not naive, I know that most of them are just power driven but I've seen some in my years that to me actually care. I can't trust a politician of course, but I don't believe that every single one of them all over the world is the same thing. If every leader didn't care about the people and the country then the countries wouldn't get better over the years, and we can all agree that there are countries that are getting better.

Patience is the key. In fact, if you have enough patience, you can reach your goal and otherwise, you will lose it because of taking more risks instead of having enough patience. Many great companies were not bug like they are right now, nad they just started with nothing while patience was the key, and they were waiting for the golden money after they were sure they were on the good path to reach the goal they want.
 

Every good thing in life requires patience. Nothing happen by magic and sometimes the end of any busines or policy is not know from the beginning but will require patience to be actualized. Even countries that moved from nothing to become a big economy today, they exhibited some level of patience because they know that economic transformation is a process. This is why it is pertinent to find something worthwhile and invest your time and resource than add patience to it and see how successful you will become.

In any successful business, patience do play important role in developing the business because before you can run a successful as a CEO, you need to be very patient because new businesses comes with iOS and down, and some people do give up immediately because they came with huge expectations of making quick profane because of the money they invested in the business, and if they lose patience, they will end up regretting their actions of quitting early.

Big companies like Tesla, X, Facebook, Microsoft, and others all started small, and today, they are big, if the companies were not patient, they will give up and business will be no more.
Likewise, even in developing a good country’s economy, good strategies are needed and patience for the strategies to yield a good result.

Going through life, you get to understand that lasting changes always takes time to happen. This is a time only endurance which could in some terms mean patience could aid you in achieving. It creates the background for developments and eliminates mistakes on the way as it builds. Patience is very important in building lasting solutions as it gives you the opportunity to correct some steps along the way rather than watch it all fall to the ground when you felt it’s all done.

Yeah patience is very important when it comes to achieving success for example if you are investing in Bitcoin you need to have patience if you are not patient you can never succeed in Bitcoin investment there where people who started investing in Bitcoin since Bitcoin was just $1k and they sold off there Bitcoin when it got to $2k or $3k because they where not patient enough but those who where patient till date are the people that has made huge success from Bitcoin investment, if you are not patient in life you will always live a life of regret just like those who where not patient enough with holding onto there Bitcoin, not only on Bitcoin investment but other aspect of life if you are married you need to be patient with your partner if you really want to marriage to last forever patience they say is virtue, some set of people find it very hard to stay patient which is not a good thing some people who are trading bitcoin lack patience that was why they decided to join trading and trading is very risky and has caused a lot of people to lose so much money.

Patience implies everyone having their own characteristics and capabilities making them equipped to fill specific roles.

A person equipped to excel at marketing, might not do well as a trader. The opposite is also true. Right brain versus left brain. Those good at programming are usually not good at artistic apps like photoshop. The opposite is also true.

Patience implies people taking time to honestly assess their traits and tendencies to accurately determine what their role should be.

Success requires a degree of patience leading to deeper self examination and self awareness. To identify the proper path to pursue.

Repeatedly they says patient is virtue to achieve a goal and that is why if you must be a profitable investor specifically Bitcoin, you would have to exercise patient and keen in anticipating a breakthrough somewhere maybe untold in the future.

Impatient can be disasterous to the point of loosing all success on targets, it could disabilize all units being sighted and coordinated to bring fortune.

There is no just choice than being patient if we must be successful. You only need to set your goals and wait for it result returns and if you are too eager of quick success, you might only be luck to get a cheap one while long time success on well tracks could yield bigger Incomes in accumulation.

Economy developments requires systematic structures which the ideology and efforts to get it done does not come suddenly but requires process which can only be obtainable on a diligence order requiring time regulations before processing it results.

That's also a way of explaining how important patients is, actually it covered a wide range in our lives because we no that in live not all the things that would come immediately as we expect them so is the patient that gives the strength to see that it come to us. Let me also extend it a little bit to our respective working places because sometimes base on the money you are being paid is not enough and that you wish to quit since there is no increase but by the time you continue to be patient you will be able to witness the increase or more, so like you said anybody that is impatient cannot be an investor of Bitcoin.

In addition to being patient in doing something diligently on the beliefs that we have gained, knowledge for ourselves and the work we do must also be improved because it would be useless for someone to be more patient while they themselves are still not smart. This means that everyone must have high enough skills and knowledge so that when it is combined with the level of patience that is in themselves, it will be a perfect path for that person to go through. So the key is not only to be patient if someone wants to be successful in a particular field.

Unfortunately, government ministers and politicians often do not understand that they need to invest in things that cannot bring immediate profit, but a profile that will only be visible decades later.
But, unfortunately, now the top manager really likes information about politics when the result appears after a year, and they do not care what it means that in the future it is unlikely to play any important role for them, the main thing is to show a beautiful picture to the higher management so that they get promoted.

And from what you said, it can also provide another understanding where there is indeed nothing instant in this world without having to go through a process through effort and the level of patience needed before seeing the results. Because in doing anything, of course there must be effort and time so that the results can be clearer, especially if the work of building the economy in the government sector really has challenges that must be passed very wisely so that the government does not get a bad assessment in the eyes of its own people.

Patience, yes. But patience alone isn’t a growth strategy. It's a frame, not a tool. It allows endurance, but endurance without direction is just waiting. What’s missing from this take is agency. Patience without innovation becomes stagnation. A country doesn’t evolve by simply sitting through time. It evolves through iterations, feedback loops, failures, restructuring with patience acting as shock absorption, not propulsion

Same goes for individuals. If you sit patiently with a failing model, you’ll drown slowly. Look at economic accelerators: South Korea post-war, Singapore post-colonial era. Patience was there, yes but it was active patience. Strategic policy, tight feedback with citizen welfare, aggressive upskilling

You want to know what other traits matter? Clarity of vision. Data literacy. Long-term memory. Anti-fragility. Teach a population those and suddenly patience isn’t about waiting but about compounding. And in the investment space? Patience only works if paired with actual analysis. Passive investors lose just as hard as impulsive ones, if they don’t know what they’re being patient about

And of course positivity makes a big difference in one’s country. If the citizens are well focused on their roles and responsibilities as good citizens on their country, there will be massive economic progress, and for that not only the country’s leaders will gain advantage but also the citizens as well.

By being patient and create positive understanding on the market, not only the country will be in its best shape but also it will serve as a role model even to other neighboring countries as well.

Patience is indeed needed for any business to thrive but let's think about it this way, what if you have patience but lack the smartness that is needed? A successful business isn't made up of being patience alone, you need to be smart too and literate to study how your business is going, patience without innovation or creativity in a business is worthless and just a wait of time. Patience is not the only ingredients for a successful surgery, you need the right mindset, skills, approach and knowledge. And then you use that patience to learn, grow and improve yourself in the game.

In my opinion ,I don't think someone will achieve is goals without patients. because anything required patient nothing comes easily, all the rich business people currently if you see what they face before they become rich you will know that anything need patients in this life. Patients always bring victory at the ends but this days many people are strongly and they can't be patient for what they are looking for they try to get in hard way and that brings problems to them. everyone face different challenges in business. You are right, Economic development alway take time he does fulfill easily but some leaders are not doing the right things and that is why many youth are losing there patience and do what there minds tell them. They face many challenges that will make them lose there minds because some times the government are not doing the best thing that they should do, and make people believe and have patience with them. 

Before starting any work, we have a lot of interest. But when we start working, there are many obstacles in this work that we get frustrated seeing the obstacles. When we fail after trying once or twice, we think that maybe this work will not be possible for me. That is, we lack patience. OP, I want to agree with you on this. Apart from this, I would give equal importance to the integrity of the person, goals, risk-taking mentality, having a vision and acquiring technical skills to succeed in business. Apart from patience, I think honesty is very important in business. In business, I used to provide good products to attract customers first, but when I can do something good, then if I cheat customers with bad products, then it will not be possible for me to go far with that business, so I consider maintaining the quality of business as a strategy.

I have met with a lot of talented people, and patient people, and even hard working people, who ended up still losing money. Because they weren't smart about business, because being smart about a business is a rare thing. The person I am talking about was a mechanic for old cars, you can bring him basically just bones of an old car, just the chassis, and he could rebuild it from scratch every single part (well you would have to buy the parts of course, but he can install every part correctly) and give you a great car.

There was a huge demand for him, and he was the best in the entire city, but since he never dreamed of growing, and because people hated waiting in line, and it took months and months of his time to finish just a few cars at the same time, he lost business to others, and eventually people just stopped going to him.

Patient is a virtue that's why in everything, you'll be told to be patient in your career, businesses, development and many more things, it's even more the reasons a country is doing in her economic situation because of some strategic plans that takes time before accomplishing, infact, great things takes time and if anything it's been done to bypass the process, then it's always likely to end in destruction.

The moment an investor have the mindset of not going to rush the process but transacts steadily and keeps on improving daily will get to the highest point of business, because every drop of rain makes an ocean and that requires that business to be patient and consistent.

Rushing a process creates missteps and derails progress. Entrepreneurs who do not consider making fast monetary advances,  subconsciously avoid failure caused by funds. They'll work with or without income flow. Goals become priorities when funds controls lesser decisions of a business owner. Lack of capital is great at discouraging entrepreneurs from accomplishing goals, but with discipline and persevering, challenges get solved and growth deficiencies fixed.

To be fair when you have as much backing and money as those company owners, then you would be able to wait for it too. Doesn't mean you will get as rich as Jeff Bezos or Elon  Musk, but they had absolutely no other choice but to get rich, it was just about how much.

Maybe they wouldn't be the richest people in the world, but just have few tens of millions instead, which isn't a lot, but at the same time we need to realize how they are also lucky and not same with us, we do not have a chance to be as rich as them, the moment we were born, that possibility was taken from us, because we weren't born into a multi-million dollar family with bunch of other multi-million dollar network friends around us, so it is unfair comparison.

It is true that patience is very much needed in anything to be able to give ourselves a chance before deciding something on the plan that we will carry out because without having patience we will make a decision quickly without going through any consideration in deciding something.

In terms of investing, of course, every investor must first analyze before making a decision on the investment that will be carried out because if they do it in a hurry without doing an analysis first, of course they will experience failure, in which case, of course, patience and caution are needed before deciding on something on the investment that will be carried out.

Economic development is encased around the walls of growth and patience is ab immune booster that takes the economic sector to another dimensions. Patience is required for a good results, as well as it's been required for a long term profits. Regardless this is a more reason we should always have so much patience in our dealings that requires growth. Aside the fact that it plays a major role in most aspects of life, patience plays a role of decision making, it plays a role of believe and trust and that's why I business, investment and other areas it's required to have a little bit of patience.

If there is no patience wherever we are, we will never achieve success, but talking about business, patience is not the only reason that is a measure to achieve success in business because besides that, knowledge is needed about how to develop a business properly in accordance with the times. Patience is another part after learning the best pattern for carrying out strategies in business because we can measure the level of success based on the performance and progress of the business.

Other important aspects need to be improved so that patience becomes the final step in the effort to achieve success in business. Competition to achieve success in business is not easy because there is a lot of competition that we have to go through and if we are not able to keep up, the business will find it difficult to develop as we wish.

You’re absolutely correct mate. Not just in economic growth but also in every other areas/sectors, from personal finance to education and to personal growth and development, patience is a vital tool that everyone must possess, because without patience, you might have as well just failed before you even started. Especially for those who have the habit of always comparing their progress with that of others, without patience you will definitely end up making certain mistakes that you’ll definitely regret in the future.

Patience is definitely a great quality for a person. Those who have patience will definitely be able to adopt better decision than others. Only patience will not be able to bring you success. Along with patience, you must also possess other qualities. In cases where financial development is not possible in a short time, patience is definitely needed, but along with this, a person must also be hardworking and adopt appropriate principles. If you cannot adopt appropriate principles with time, then patience alone will not be able to bring you success. If you cannot be patient when starting a new business, then your business will not stay longer. You will fail at the very beginning where you have to struggle. That is why for success, a person needs to have the qualities of patience along with some other qualities. This quality will definitely lead a person to success.

There is no doubt that patience is one of the most important qualities a person must possess to achieve success. This also applies to companies and nations. Any business or investment will not achieve success at first, and we need patience to achieve our goals.

As for the other qualities that enable individuals and nations to prosper economically as quickly as possible, in addition to patience, there is, for example, willpower and persistence in achieving goals, no matter how great the difficulties. A clear vision or foresight is also very important, as you set a dream or goal for the future and strive to overcome obstacles to achieve that goal.

Patience is a virtue therefore it is one of the essential requirements needed by every individual to succeed either in business or in any other aspect of life, for an economy to experience rapid growth the government in power must apply good works and patience is one of the necessary tools you need to achieve a good work even as an individual who is interested in business or investment you need to be patience while you gradually develop yourself and your business to the level you want it to be. Lack of patience is the reason you see some businesses going down the owners must have rushed into the business without taking time to evaluate their chances of becoming successful in the business they choose to establish.

I agree with what you said because how can we be patient when our stomachs are hungry? We need real steps in terms of economic development, so that we are not always in uncertainty. The price of basic necessities is increasing, jobs are difficult and wages are low, that is the reality that is happening today, so how can we continue to be patient.

Indeed, the name of economic development takes a long time, and is carried out in stages. but in reality what happens, the programs that are initiated for infrastructure development carried out in supporting the realization of economic development are only used as a field of corruption to enrich themselves.

Really good post here. Yes, we are all taught to be patient but it is important to be patient over the right things otherwise you are just waiting on a disaster.

Some people could be straight up making mistakes and they do not know it and they will not do anything to correct it under the guise of being patient. Being patient is just as important as steering the ship back into the right direction.

Patience is no less important in managing investments because if someone is restless and does something without careful consideration, they will make the wrong decision. No one is able to make quick profits without being accompanied by their best abilities, so patience is needed to learn investment properly. If you want to get good results, we must be patient waiting for the momentum and that requires a high level of patience.

Most people just enter the market and do not consider the opportunities so that when they make a mistake, they can actually suffer losses. That is why patience is needed to start so that we know when is the right time to enter the market to make a purchase.

And the cryptocurrency market teaches everyone very clearly that you always need to be patient. If someone invests and immediately changes their mind, then such an investor will be at a loss in a minute due to the spread. Sometimes in investing it is useful to literally forget about your investment, if the economic situation allows it. And this is very important. But unfortunately, with a strong dump in cryptocurrency prices, few can afford to save tokens. As a rule, poor guys start to withdraw this money at reduced prices and spend it on food.
While after a while the price increases, and the rich become even richer. After all, it is easy for them to leave money in investments for a long time.

I don't agree less with you because in all spheres of life you actually needs patience to achieve what ever plan that you have in mind when it comes to development especially as it concerns a country what is needed the most is patience that is if the leaders of such country is serious about the development of the country, one thing that we need to know is that all the developed countries of the world did not just appear from the sky just like that but they are a product of years of hard work backed up by patience and having the believe in the system that one day such countries will be among the top economies of the world . One country that is worth emulating is the United States Emirates Dubai was just a dessert country but with patience it's where it's today

If you have a good idea and you are ready to develop this idea, then you have to be patient and keep working on it, i think everyone should know this, you are not just going to launch an idea and take it to number one immediately, more often than not it is a gradual process with consistent work, before you know it, it produces results.

That said, if a country is making tough decisions that is sensible and productive, then in the long run it would yield results for the citizens, that's how things work.

If someone is impatient then there are more chances he will not be successful in life. There are thousands of people who have qualities but they have no patience and they always take decisions quickly and that is the reason, they are losing everything and thet are not successful in life . We always see cricket matches and especially test cricket is good format because we can see the patience of people. We can read the patience of Hazrat Muhammad (PBUH) who had great patience in life .I family life , you have to bear many things because life spending with  wife is not an easy and people have to learn more  if they want to be successful in their lives. Family life you have to bear many things because life spending with  wife is not an easy and people have to learn more  if they want to be successful in their lives.

Patience is a great virtue. Just as patience is very important in a person's life, patience is also very important for a businessman. A businessman cannot suddenly become successful after making a plan, but rather, he can reach the pinnacle of success by being patient. Many adversities have to be overcome to establish a business, so a businessman should not lose patience in adverse circumstances. For the economic prosperity of such a country, the government and the people of the country must be patient. The government faces many adverse situations in running the country, and success is only possible if we can face each adverse situation with patience.

Patience is a virtue. If one fails to uphold patience, then he’s not serious on the development that he’s going to take. This also applies when taking developments for a country. It takes serious hardwork and efforts for months and years so that the ultimate goal will be achieved. And without patience to top it all, everything will only be put into waste.

Patience does provide an opportunity for someone to achieve success, but patience must be combined with the ability or skill in achieving it. Sometimes people misunderstand patience because they think that by being patient they will achieve success, but if they don't do anything, patience will not help us achieve success.

The pattern of individual patience in achieving success is different from patience in building a country because speaking more broadly is completely different because taking care of many people with yourself is not the same.

What do you want to say with Coca-cola and Facebook examples? These brands made money but they haven't failed. The OP talks about different patience, it is really necessary in business because success doesn't come overnight, I work a senior UI/UX designer and I often meet stakeholders of different companies. Before I create a design for them, I study their company, their niche and their competitors. Most of my clients don't earn money overnight, they start with big loss and later recover as their service gets established and their marketing attracts new customers. I would say that patience is the key because one of my client, who is also my friend, was deciding to close the business because of a very unprofitable year but I convinced him not to do so and after a few months, he had the first profitable month and this continued.

Also, rich people who do not have patience can often lose all their hard-earned money or inherited money. And all this can happen in a minute during an unsuccessful deal on the stock exchange or in a casino. You must always be able to reason without emotions and be like a calculator in your calculations. I do not mean that you need to be mercantile, because the soul and kindness are the most important things in life, but at the same time you must be able to patiently accumulate sources of money around you and find new ways to earn money.