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Sometimes when something like disruptive level change happens, some of the organizations working in the field have to make the move. The case applies to anything. A couple of years before, companies used to charge more than enough for their services. But whenever something happens so disruptive, then this model works no more.

Gathering information in the early 90s was not that cool. You have to go to the library to get enough information. Moreover, you have to go through line by line for a specific set of knowledge. But now we can get whatever information we need at our fingertip. So the information is overloaded here. What happened to the loads of books that were settled at the stalls was forced to go digital. And that was successful. Almost half of the people who read consistently are through digital devices. That is very comfortable to do so. We can read any number of books from that simple device. This is great. Some people say they miss that nostalgic moment in retrospect, but this time too will pass.

This is only a case with digitalization. For anything we observe, we can notice this migration to cope up with the pace. If not, they will leave behind.

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Beware not to be fraud

Being cheated is common. We get cheated most of the time. Sometimes the effect is large. Only then we realise that we are being cheated. Cheating comes from false beliefs. We believe in the things that we thought to be the truth, at least we accepted as truth. By giving us the false information they are rectifying the probability of manipulation. It's easier to get convinced in this time. There is no scarcity for information. I mean made up false information. They are very likely to get hooked and there is plenty of them in the market. Only thing left to the marketers is to pick one and throw it in the face. You are most likely to engulf. Because the rule book say so, you must do so. You cannot turn your your face when you are nicely getting manipulated, the rule books say. Even the craftsman man who designed these b.s rule must've been frustrated by consequence of these rules made to the folks. They must have thought someone someday would replace it instead of blindly pursuing...

Observation is the key

Too much focused on work or anything is not good at all. Not for both personal and professional. Yet we repeat the same pattern. Insanely focused in a work could bring better results. But these might lead to filter out the things we think is not at all important. But it turns out that is wrong. Often the things we wish could have were the things we merely ignored. Relationship is an example. Relationship with children and spouse often get cold when obsessed with way too much work. It is very much easy to eliminate the non essential and focus on what's important. But as the life progresses, most people realise that is not true. Giving time to nurture the relations are important as much as finishing the task. In the end all that matters is how well the life gets better. Just merely by observing the things that we thought as irrelevant may seems like a great choice to have. You might rethink and crafts the better one.

Mindset matters

The first mover advantage maybe a myth like MySpace. It is not necessary to have a first mover advantage, but it may do good if managed correctly. In the world of crypto we could see Bitcoin reigning over a decade as the leading coin. It got its first mover advantage and it is way ahead than other altcoins. But does it means it will lead forever ? Not really. I’m case of Amazon the first mover advantage was a great benefit. It is not that because of Amazon being the first to deliver goods through online, it is the ever growth mindset of Jeff Bezos. Like in case of any other thing, the important factor is not the advantage, but the mindset that drives it behind. Last day I wrote about having a progressive mindset. But when it comes to BTC, the driver behind it is clearly absent. Its first mover advantage is getting it to the top, but as soon as when one person with growth mindset comes with an equivalent product (which already happened), the first mover advantage may slay. ...

Time concious

The irony in observing time is an impediment to truly experiencing life. We make decisions based on how we see our time. Most of the decisions we make are on the notion that we have ample time in hand. But the irony is the only thing we don't have is time.

Hardest part in realization

It is one of the hardest thing to draw lessons from what we know. That is the reason why even after reading hundreds of book, we feel like we learned or to be specific realized nothing. But upon coupling with the reflection and experience, we can actually draw it from anywhere. The key still is to learn more.

A better break

A break if needed should be taken. There is nothing such as continuity that is unending. We usually breaks the rituals from lazy and lax behaviours. But if the break is essential for a better tomorrow, there is nothing to regret. PS : You will recieve the daily dose of knowledge again.

Optimistic view

Optimistic peoples are driven by hope. They create the things even in the middle of chaos. Whatever the case or scenario, there is an equal possibility for both the positive and negative outcome. Because of the constant exposure to the pessimistic surrounding and culture,we are hardwired to think like a pessimist. In one sense, we could say that it is not our mistake by blaming the society thoroughly. Yet on the flip side, we can say that we could have made a change which comes under our responsibility. So it is paradoxical. Even by this influence, for luckily, we have many visionaries. All visionary people are optimists and they could see the things that most people don’t. They see opportunity instead of chaos and acts up on it. They are confident and highly energetic. The vision they have in their mind is enough to swap the imprudent breeze of failure. Whenever they approach a failure, they take that as a learning opportunity and learning thoroughly. That is a great diff...

Welcoming the fate

Marcus Aurelius once said " To welcome with affection what is sent by fate". He meant every word he said. It is possible to get ourselves to welcome the fate. It brings oppertunity and self control. Knowing that we can have the control of our being is powerful when it comes to being vulnerable with emotions.

Marketing Placebo Effect

The marketing placebo effect is popular among marketers. It is by tricking the consumer to buy products by carving a need in them. It is not just filling the void. It is creating and then filling the void. Almost all the product costs a way lot more than the actual cost. In exchange for the sensational feeling left by the advertising, the consumer feels the same feeling while using it. This is the placebo effect. Although the product is not as good as what we found in the ads, the power of advertising makes it so. The prime example is the coco-cola. Everyone from the creator to the consumer knows that it is a toxic drink, the annual revenue is growing in a rapid manner and they made a 17% increase in the total revenue in YoY from FY20. The marketing placebo effect is, in most cases, good for the company and awful for the customer.

SIP

Moving very slowly in the market earns good amount of return. This is exactly like investing through SIP.

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