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.
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. ...
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