Skip to main content

Business asteroids

 

Several million years ago asteroid in a size larger than the moon hit the earth and wiped most of the species leaving the dust particles to afloat. Since then, asteroid is identified as mostly a negative thing. In fact, many historians believe that that was the turning point to the second life of the planet. Generally, we could see people referring asteroid as capable of destroying anything. This true, but it is not complete. The sentence only fulfills the moral meaning when we add “and bringing the new world of new opportunities”. We would be survived if it hadn’t happened amid the dinosaurs. We must have gone extinct long before. It is common to assign asteroid anything that is about to wipe out the old and bring the new.

   The term Business asteroid got popular in the last two decades. Reason: we barely saw anything before. Like an actual asteroid it is perceived as wrong at its entry. Many people said it would not be a problem for them. Some sided with ´this is shit and child play’. But when it hit the world, it did what it’s capable of. It wiped out the industry and rebuild it for a new version of sapiens. And people resisted it got wiped off with the belief.

The digital photography entrance was an asteroid.  It bushed the old film industry and those who resisted the change got left behind. Kodak with its billions of market capital faded because they resisted the change. They thought, with the billions they could bribe the industry and refrain from the change. They failed and nearly out of business. They competed against the asteroid and failed to surpass the effect. But those who started along with digital photography made the profit. They were lucky that the asteroid hit despite the unemployment it created. The digital world conceded employment. The only loss was for the companies like Kodak. How could a billion-dollar company with decades of industry experience didn’t see that coming? Actually, they did, but did the wrong math and refused to join the early adopters. This is visible in any area now. Since the rise of the digital arena, asteroids are hitting more often and disrupting the field. It became prime important to adapt to the change.

 The pace and size at which these asteroids strikes have a proportional impact. Technologies like AI and Blockchain are such disruptive digital business asteroids. It is capable of reinventing the whole world. Even though it is a digital associated invention, the scale at which it impact would proliferate many visionaries to think twice and act in accordance. Despite their parent software industry, these technologies are disrupting the hardware industries such as electric vehicles and manufacturing machines. Of course, it will make thousands unemployed, but it would create vast opportunities that might serve millions to find a new job on the flipside.

The only question that can bring a change might be “are we ready for the change?”. Without change, we cannot survive. And change is super-exponential.

Labels:

Comments

Post a Comment

Most viewed

Focus on one thing

Concentrating on one field gives us a tremendous edge than giving a shallow focus on various different things. The difference here is that we get a lot of information from one sector which enables us to master the field.
Post a Comment
Read more

No innovation or dead innovation

 When you wish you can have that specification with more, like more battery life, more pixels ,more speed and more glister, you’re a forbearer of fake innovation. The advancement is good for product experience. It doesn’t give you the opportunity to make the change. This could also be identified as dead innovation or no innovation products. They are just the exaggerated versions of what’s already in the market. These who do no innovation works are copy cats. They wait for something new to happen or to someone to introduce and with no hesitation to copy them. They were well equipped to clone the Idea or product. We saw this dead innovation thing with lot of Chinese products. The result, they are not trust worthy. These type of making is simply stating that experience is no concern. Only profit does and it’s what drives them to deliver.   It is relevant to quote what Peter Thiel said “ We need flying cars, not cars with 140 characters. Folks like Peter and Elon are greatly conc...
Post a Comment
Read more

Thoughts on laziness

The reason for our laziness and procrastination is not that we weren't motivated, it is that we think we have more time than we think. We live in a way such that we won't die. Each and every moment we are moving towards death. We barely notice ourselves getting older and then suddenly we find ourselves passed decades without doing anything special or gaining the experience. Experience is the only way to make life favorable. An experience like this comes from facing fear and reflecting upon that. Facing the fear requires you to be attentive and not be idle
Post a Comment
Read more

It's not chef vs cook, it's chef creates cook

There is hardwork, diligence,focus and behind success. It might be a successful person or a product. People crafts successful stories with these elements. I mean how can there be a winning story without them. The hardness in choosing the career also intensely extends to pursue them. There are plenty of career to choose them. The more options we have, the more confused we are. You cannot implement the same philosophy of choose what tastes better specifically here. There are millions and you would waste your entire life chasing one after another. The sooner we find it, the better. It's important to get informed about many before the selection, but at the risk of increasing confusion. Well after all those procedures, you'll end up in a career that will or will not suites you. Hope for the best. If it suits you'll be a successful person. You've chose the right path. Be ready to spread the words of wisdom. You chose the opposite of what the mediocre wants you to be. But is t...
Post a Comment
Read more

The toothbrush test

  To release a product that is worthy of shipping or an idea that is worthy of spreading, it must be of elegant use. No product reigns the market if it is for one time use. We buy products for using more than once. All the things that went revolutionary can be of multiple use or can be used multiple times. There is one test that most of the entrepreneurs use when the launch an idea or company based on that, it is famously known as the Toothbrush test .   This a funny yet powerful test that determines whether the product can be used more than once (keeping in mind that people do brush twice or even thrice a day). If it does it is worthy of launching and investing. All the now products are based on this simple test. People behind that do make sure that it went through toothbrushing process . We can see lot of new products on the market are toothbrushing product. Because we like to have a product which is of multiple use. That saves money and time. People do consider these t...
Post a Comment
Read more

Mental barrier is there to cross

 Emotional barriers are there to cross. Only those people who realize this make a good outcome. This when viewed from another perspective, we can say this is a play by the universe to make us better and stronger. We need to be mentally developed to live a better life. We see people becoming fragile when they confront with a severe life situation, they panic and get anxious. Soon they fall into depression. Until we cross this mental barrier, we won’t grow. But most people instead of facing and solving this problem, choose to escape from it by some quick fix. Of course, they would get some short-term pleasure, but the problem remains there forever until they overcome the mental and emotional barrier it puts in front. Next time a different problem arises with this level of the mental straddle. We have to break it, else it will show up in different forms.  
Post a Comment
Read more

Using adversity for our advantage

The reason many people suffer lately in life due to the fear of being harmful things and events are mainly due to fucked up childhood. Children bought with very little adverse effect often struggle in life due to their inability in standing up after a defeat. These children's are more likely to get bullied. Once they found themselves unresponsive against the bullies, they intend to go a more easy path where they no longer have to face the adversity. When they grow up, they keep a low profile and struggle to socialize, make friends and fearful amid mobs. These are the people who will easily get sick and depressed, more fragile towards heart attack and sucks in relationship. The point here is that adversities have this amazing power to build a tough character and robust mindset. Instead of grieving after a problem, let us confront and grow.
Post a Comment
Read more

Courage to ship

Courage plays an incredible role in execution. For the things that demand creativity and focus often comes with a risk of failure. By creating our own product and making it suitable for the masses requires tonns of effort. But it isn't enough. The continuous push we gave to ourselves must be backed by the courage. Any time we must push the 'shipping' button not knowing what's gonna happen after that.
Post a Comment
Read more