Wednesday 21 December 2022

Focusing on Strengths - Dec21,'22


FOCUSING ON STRENGTHS: 


The other side of unfair advantage is that you have to know what you're not good at. 


For instance, Albert Einstein knew and accepted that he was not a good experimental physicist. At a point in his life, he came to the resolution that he would never work in a lab that required him to do experiments. He would focus on theoretical physics. 


The effect of this was that by knowing what he was not good at, he avoided it. This gave him free time to focus on what he was good at. It was in this area that he made his landmark theories. Today Einstein is remembered as the face of genius. He's remembered as the face of science itself. But all this happened because he knew what he was not good at, and he knew what he was good at. He avoided his weakness and doubled down on his strength. The result is theories that changed the world completely. 


Another example of to see the effect of Unfair Advantage is Thomas Edison. Thomas Edison was a brilliant, persistent inventor. He could persevere at inventions until he found a good thing that he could make use of. Edison was responsible for so many inventions that had a big impact on the world. And they still do to date. But there's one part of his life that is not mentioned. He was almost always broke. He was almost bankrupt several times. Edison was a born inventor, but as a businessman, he was a failure. He just did not know how to run a business, and he would not accept that. He refused to outsource the business side of his operations. He insisted on running it all. This put him in trouble so many times. He seemed to be constantly looking for a new business partner, for he had failed the previous one. Edison knew his unfair advantage, and he knew his weakness, but he refused to accept it, and it was killing him. In fact, it could have ruined him until he got introduced to a guy who knew his unfair advantage. JP Morgan was the man who would save Thomas Edison from his destructive business steps. In a partnership with Thomas Edison, General Electric would be formed, relieving Edison from financial worries at the tail end of his life. Edison was a great inventor, but he had no advantage in terms of finance.


Know your Unfair Advantage and know your weakness. Double down on your advantage. Work on your weaknesses or outsource them.


[AS SHARED BY SOMEONE]

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