The Promise of Delayed Gratification

If you’ve never watched a video of someone doing Walter Mischel’s marshmallow experiment, now would be a great time.  If nothing else, watching children with marshmallows would be a welcome break from the all-consuming pandemic coverage.

On the serious side, though, Mischel’s experiment taught us about the relationship between delaying gratification – doing some hard work now to reap a reward down the road.  

In 2008, many nonprofits chased any dollars they could, often diverting them far from their mission, for the immediate gratification of Read more