Wednesday, June 20, 2007

Life and first movers advantage.

Last term in economics I was taught a concept called first movers
advantage which explained how an industry which moves first
into a new market would be at an advantage in Comparison to
others by the mere fact of being the first mover.At that time I
thought that it was quite true in real life as well.Just how true
it is, was brought home by the recent election Results.
We have just had elections for professional clubs which Were
contested very keenly by everybody including some of my close
friends. In general people who had made up their minds earlier
and were deeply committed to it got selected and People who
made up their mind late suffered.
Losing leaves a very bitter taste in the mouth but is also strangely
cathartic, especially when you embark upon an Endeavour in which
the chances of a loss are much higher than Those of a win. There
are two ways to approach a target which appears unassailable:
1. Give up and don’t do anything.
2. Get up and give it your best shot.
Personally I believe that the second is the best option . I have
always thought so theoretically but in practice have chosen the
first option most of the times. This time I chose the second
option and even though it did not work out it feels much better
to have done it .
Winning would of course be the best but having a good fight is in
it selves a great amount of fun. From this I have derived a rule of life :
“ sometimes winning is the best thing sometimes it is losing but
at all times fighting for something you believe in is better”.
This sort of rhymes with my favorite song “The bug” by Dire Straits :
“sometimes you're the windshield
sometimes you're the bug
sometimes it all comes together baby
sometimes you're a fool in love
sometimes you're the louisville slugger
sometimes you're the ball
sometimes it all comes together baby
sometimes you're going to lose it all".

Makes sense doesn’t it : )

1 comment:

Ashish Naredi said...

Sometimes the blogs are boring
Sometimes very interesting....

But blogs when you write doctor saab..
are always entertaining!!!