Mirroring is important when it comes to attraction. People always get attracted to individuals with the same ideology and beliefs. That is how organizations are formed. We feel secure and comfortable sharing our thoughts and secrets with those who think and do things in our way. Understanding this could be a game changer in forming relations. That is why people working in sales and those who deal with customers undergo training in mirroring their personality and emotions. It really works. When we see a stranger and engage in a conversation, we do analyze their personality unconsciously and act in accordance with that. Long hours of conversation happens when we find a person with our belief and mindset.
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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