Monday, 8 May 2023

The sustainable competitive advantage that I hope to develop

Lights out Alice!

Just a reminder post to myself that there are no absolutes in life. What we might feel is wrong today would make sense tomorrow. What we might think we are too good for today might just be the very reason we are brought down to our knees tomorrow. 

Hence, instead of being rigid in our understanding and absolute in our perspective or prospective explanation, we need to ensure that we put an asterix symbol in everything we believe or do, the symbol signifying that it was the conclusion that was reached at that particular point in time using available information and understanding capabilities, none of which are fixed or absolute.

What should be the approach then? It should be one of open mindedness and the ability to accept that our point of view can very well be wrong. That the conclusions that we made at that previous point in time were incorrect. That we took a very narrow approach to understanding the situation and the lens through which we were looking through had the incorrect focus, thereby distorting our focus. 

Furthermore, the biggest thing that we can do is always ASK QUESTIONS. Ask them regardless: Why do I think I am right? What arguments is being presented as to why I should be wrong? What is the new data being presented? What did I overlook? What am I not considering? Where is the other person coming from? What is the mindset that is leading them to come to this conclusion?

I really hope that in the end I should never stop asking questions or even questioning myself on everything. The biggest advantage I can have at any point in time is the humility to eat my pride and go back and recheck my questions and answers.

Lights out Alice!

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