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Hi All,
I bought the book on kindle and it's acting like an awakening call.
I started my own business a few years ago (IT industry, mostly exchanging time for money). At some point I saw it was going nowhere and I invested into a (self developed) web based software, which failed. I got an "opportunity" to work for a Fortune 100 company and I took it to "heal the wounds" of failure.
For some time I have been asking myself where this thing is going, and the book just put it bluntly: nowhere. Now I see clearly the misconception I had about the slowline: watches and good cars - they are just a sign of failure, not success. All these people are trading their time and health for peanuts :coco:
Anyway, to move forward, I need to understand why I failed, so I don't repeat the mistakes. I think the key thing here was "the need", or the gap between what the market really needed and what the product offered, as well as using too much of my strengths (technical know how) and spend far too little time with the potential customers and business development.
Not that anyone cares, but for myself I'll do a bit of self-reflection:
What I am doing right:
- constantly improving my knowledge, reading gazillion books on kindle
- don't send money on useless stuff (I drive an 11 year old car; I sold my apartment near the peak of the bubble and now I rent...)
- I really don't own anything to anyone, plus I got a bit (above average) liquid assets
- I noticed I spent too much time on TV and got rid of it
- in general, I value my time
- I don't go where the flock is going (which saved me before the stock market crash)
What I am doing wrong:
- Far too many times i fall into the internet trap (reading media is really a bad idea, they just implant the idea of "the crisis" into the brain, which results in fear, which keeps you on the slowline)
- I am disconnected from my passion
- I don't trust myself and I let other pull me back on the slowline
My key weakness:
- identifying needs
Other than that I'm in my mid 30s. I don't feel that different than I did in my 20s, and I can still make it in the fastline
Edit: to make it a bit more interesting, what can I help you with?
- business development, with focus on distribution network development
- still strong with technology, meaning I could help you choose the right platform & tools to operate cheap and effective. Also some other, specific IT insight.
- i have visited many countries and have business contacts in many places. hahe an overview of where business is going strong at the moment.
I bought the book on kindle and it's acting like an awakening call.
I started my own business a few years ago (IT industry, mostly exchanging time for money). At some point I saw it was going nowhere and I invested into a (self developed) web based software, which failed. I got an "opportunity" to work for a Fortune 100 company and I took it to "heal the wounds" of failure.
For some time I have been asking myself where this thing is going, and the book just put it bluntly: nowhere. Now I see clearly the misconception I had about the slowline: watches and good cars - they are just a sign of failure, not success. All these people are trading their time and health for peanuts :coco:
Anyway, to move forward, I need to understand why I failed, so I don't repeat the mistakes. I think the key thing here was "the need", or the gap between what the market really needed and what the product offered, as well as using too much of my strengths (technical know how) and spend far too little time with the potential customers and business development.
Not that anyone cares, but for myself I'll do a bit of self-reflection:
What I am doing right:
- constantly improving my knowledge, reading gazillion books on kindle
- don't send money on useless stuff (I drive an 11 year old car; I sold my apartment near the peak of the bubble and now I rent...)
- I really don't own anything to anyone, plus I got a bit (above average) liquid assets
- I noticed I spent too much time on TV and got rid of it
- in general, I value my time
- I don't go where the flock is going (which saved me before the stock market crash)
What I am doing wrong:
- Far too many times i fall into the internet trap (reading media is really a bad idea, they just implant the idea of "the crisis" into the brain, which results in fear, which keeps you on the slowline)
- I am disconnected from my passion
- I don't trust myself and I let other pull me back on the slowline
My key weakness:
- identifying needs
Other than that I'm in my mid 30s. I don't feel that different than I did in my 20s, and I can still make it in the fastline
Edit: to make it a bit more interesting, what can I help you with?
- business development, with focus on distribution network development
- still strong with technology, meaning I could help you choose the right platform & tools to operate cheap and effective. Also some other, specific IT insight.
- i have visited many countries and have business contacts in many places. hahe an overview of where business is going strong at the moment.
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