Extending the circle of safety

Extending the circle of safety to the employees at the very bottom of the pyramid actually creates a safe environment in overall nature. Often times priority is given to the people at the top and those who involve directly in increasing the shareholder's value. It is good for the short term, but miserable in the long run. The people at the bottom of the hierarchy deal with the core of the business. They manufacture the products, interact directly with the customer, respond to the feedback, and know a lot more than actual people at the top. The more care provided to the employees, the better the business will be.

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Making good decisions

Dealing with situations, when it won’t go as expected, is a skill that anyone can develop over time. Like any skill, it requires some effort and hard work. Most of the time people came to know about its value only after having gone through it multiple times. They fail initially at balancing the situation. More precisely, they fail at keeping their own mind in line. It is seen everywhere, but only a few people adjust to make an improvement in dealing with the problem. There are a lot of benefits to it. By handling the situation very clearly, we can refrain the circumstances from going bad to worse. It saves a lot of money and time, especially for a business. This is a part of good decision-making skills. Whenever we find a person who could outperform in dealing with harsh situations, if we scrutinize, we can observe his insane ability to make good decisions without an emotional influence. This is a skill that needs to be developed. Because no human in the world is free from pr...

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 i...

Attachment and decisions

Attachment creates problems. The reason we feel lonely whenever outside of our comfort zone is the experience we are going through is new. When we go through something that we never went through before, we feel a kind of uncomfortableness. This uncomfortableness is resulting in the creation of new brain patterns. Brains neuron activates when we go through something new. The existing pattern when finds it difficult to work with. This is the exact reason why while the new patterns form, we feel insecure and frustrated. Sometimes it creates fear. The brain nature of fight or flee comes to action when we put ourselves in fear. Fear most of the time creates a fleeing sensation than fighting. Because fleeing is less risky than fighting. Your life is guaranteed when you flee. But fighting takes a lot of effort that maintains the required outcome. So if fighting is not a desirable option, the fleeing is the only left one. That is why we see some people easily setting their presence in the...

Leverage is good when used smartly

Leverage attracts people and vice versa. Whenever we want to trade or in any case of acquisition, what we expect is not the mere margin profit, instead we shoot for highly leveraged return. This is primitive emotion of greed. People making fortune at investments are great example. They invest after checking the fundamental and what the balance sheet has to offer and invest. This is not an easy job. They wait for couple of year to compound with a hope of no economic depression and make lot of money. That is huge. Here, like many modern day technological leverages are not available, instead they rely upon the opportunity leverage. The future is full of possibilities and by their analysis they might have found out the future of the organisation is about to explode. These rich people are very keen at predicting the outcome by the current, which now has been one of the toughest job. Because of the exponential curve of growth, predictions are less probable to tryst upon. Yet wen predict a...

Influencing action

How the things we did in the past influences the present is a visible truth. Whenever we look and at our journey, we could observe that everything we did made us. It created the perception, the character, and the mindset. If you think you have this poor mediocre mindset, then it is the sole action that you did in the past. It is clearly visible. Even the small portion that is influential could be the highest impactful one. Even the pace of our breath contributed to the present feeling. The famous saying what brought you here won’t get you there is quite true. It is most certain hereby now that, like the things we did in the past influenced our present, the things we do now creates the future. Every bad and good action contributes equally to the development of character and mindset. It includes both physical and mental blows. Each contributes a well-structured lesson to make us lead ahead. We may not observe the actual contribution that now has on the future. Now coul...

Free is good

The saying in marketing (mainly as a precaution to the victims) is that if you’re not paying for the product, then you are the product. This marketing strategy of making people a product is widely successful and people indeed have no problem in being a product. Since we don’t have to pay for the services they offer, we are comfortable with them using it as a product. If not, YouTube and Facebook never have survived. Since I mentioned these two companies, it is thoughtful to inquire about the scale of business this business strategy brings. There is nothing wrong with giving their services for free. If we look at the positive side we can embrace the amount of change it brought. But of course, it has its own drawbacks. Since the ratio of their proportionality is highly irrational giving good an unfair advantage, we could say those are life-changing technologies. And this strategy is visible almost anywhere. Giving a free trial is a great example. Besides we get news, articles,...

When to diversify?

Over diversification is often seen among many people. Those who knows well to manage can actual manage it, others just fails miserably. These peoples who diversify the things that they think they can make something out of it are most probably driven by reputation . Also sometimes by fomo. This is not only the case of a personal level, it applies to everything. But the common thing we can observe during this diversification is the lack of focus. Instead of directing their focus to make anything better, they give their fractured attention to lot of things. When they do this, they often get exhausted at the level of thinking. If someone is important enough, then it is important to make good amount of time analysing and reflecting upon specific problem instead of launching a new venture. Every time the new venture consumes significant amount of time for its growth. So the prime focus should always be on the foremost problem. Because without solving what is important and veering the att...

Incompetence and communication

There is a strategy that is gaining its popularity at its peak within the last two decades is the mechanism of copycat. It is not new, but the copycat usage is at all time high. It took actually decades, in the early 90s and before, to actually copy the business model. There are multiple reasons behind that. The two most important ones are the lack of communication tools and incompetence. When a business model becomes successful, it rewards the owner and some of the partners. And their success only limits within their reach and there were no things such as viral marketing. If it had to spread, it must go through word of mouth. It is slow but powerful. Moreover, the business tycoons of that era were not ready to reveal their secret recipes. They themselves developed and applied to every venture. Whenever the organization became successful, they will reign the field, most probably forever. And people thinking of starting a business won't even think of starting one with a h...

Focus makes the difference

The amount of work depends on the amount of time we spent on and the amount of focus. To be precise, it is the product of those two. There are various types of practices that makes up to a perfect finishing time. But whenever we look at it, the core always lies in the amount of we focused. We can even say that focus is solely responsible for completion. Without focus nothing cannot be completed. It may stay unsolved forever. People try to make their lives better by doing several things, in the end we could say that they were indirectly trying to improve their focus. Focus helps is to accomplish things within a very short span of time. There by reducing the time wastage and leaving things perfectly finished. With focus, we can complete even the task that now feel like impossible. People often neglect this fact try their best to make a difference in their lives by merely altering the surface. That may do good in the short term. But in the long term, it does nothing. We have to change ...

Prediction and results

When it comes to predicting things, only an experienced person can predict it with the most probable accuracy. Because prediction involves a deep understanding of the behavior of that predictive thing. When a novice person enters into the game of prediction, he must go through different circumstances to increase the probability of an outcome. Every time when a prediction goes wrong, it is an opportunity to learn. The prediction stands when the pattern repeats. Pattern for different things repeats at the different time frames and different levels of outcomes. That is why trading became difficult. It needs years of experience to make a most probable move when there are plenty of outcomes. But it is also rewarding. A person who predicts the weather earns much less than the one who predicts the price of a stock. Just think about a person in demand who can predict death. Prediction of death is nearly impossible because of the infinite number of infinite numbers of probability. It is a ...

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