Tag Archives: life

Big Shot

For our TunesDay selection this week, I want to present a song that I suspect a number of people are feeling this morning after St. Patrick‘s Day.

Billy Joel

It’s from Billy Joel who I consider to be one of the top three American songwriters of the last 35 – 40 years (along with Dylan and Springsteen). It’s called “Big Shot” and it has a lot to do with the morning after as well as some thoughts about the night before. Give it a listen:

I’ll be the first to tell you that music videos from the 1970’s weren’t quite what they are now and this one was no exception.  That said, his tale of the morning after the night on the town resonates in a number of ways.  I realize that Billy is not writing about business – the song is alleged to have been written about either (pick one) himself, Mick Jagger, or Bianca Jagger.  There is one thing, however, I take from the song that has nothing to do with midnight misbehavior and everything to do with business:  being a big shot.

Too many people confuse what they do with who they are.  As Billy writes:

They were all impressed with your Halston dress
And the people that you knew at Elaine’s
And the story of your latest success
Kept ’em so entertained

There is a fine line between having the confidence one needs to be successful in business and the other side of that line which is arrogance.  Great leaders listen a lot more than they speak and when they have the information they need, they act.  Great leaders recognize that while the vision may be theirs it probably took the hard work of a devoted team to make that vision a reality.  When success comes, staying humble might be hard but it’s the only way that success leaves everyone that sees it feeling good.  While I suppose that being a rich jerk has its pluses, success (and money) often doesn’t last.  The people you see on the way down will remember how you were on the way up.

The song ends with this thought:

Well, it’s no big sin to stick your two cents in
If you know when to leave it alone
But you went over the line
You couldn’t see it was time to go home

I’ve seen people in high positions who overestimate their capabilities and are out of touch with reality.  They think their two cents are gospel.  The Greeks had a word for it: hubris.  I have one too: stupidity.  Staying humble doesn’t make you weak just as having a big job doesn’t make you a big shot.   That’s my take – what’s yours?

Enhanced by Zemanta

Leave a comment

Filed under Helpful Hints, Reality checks

Opinions Etched In Sand

When was the last time you changed your mind? I don’t mean about something trivial such as what you wanted for supper but about something important. What should our business model be? For whom should I cast my vote? I also don’t mean when was the last time you made a decision. We make those all the time. It’s what happens after the decision is taken that is our topic today.

English: Footprints in the sand My footprints ...

(Photo credit: Wikipedia)

I changed my mind about something the other day. It’s not really important to our discussion what it was, just that my view of the world moved from point A to point B. As I thought about that I realized that many people stick with their initial decisions about things all the time through thick and thin.  That might not be a bad thing, especially if you made a good choice at the time.  It’s a terrible thing, however, if you do so out of habit or sloth.  Things change and they do so more rapidly these days than at any time in our history.  If you made a decision five years ago some of what you took as fact when you did so probably is less right now.  Markets change.  Information changes.  Technology gets invented.  Stuff happens! If you make any investments you probably have that mindset.  Why doesn’t it extend to your business life (I’m ignoring politics here but…)?

A road you’ve driven down for years can suddenly have construction or a bridge out.  You have to alter your route or fly off the bridge.  Pretty obvious, right (I know – I’m a master of that!)?  Yet that thinking doesn’t apply to other aspects of many people’s lives.  Changing one’s mind is seen as weak or indecisive.  Nothing could be further from the truth.  Strong people challenge their own beliefs. They look for facts, especially ones that contradict their own opinions, and avoid confirmation bias.  They keep an open mind when they go to make decisions and they test whether that decision is still valid based on changing circumstances.

My decisions aren’t etched in stone.  More like footprints etched in wet sand.  You can see what they are but when a strong wave comes along they might change.  I might be opinionated but I also accept that I might be wrong on some things.  Am I right about this?

Enhanced by Zemanta

Leave a comment

Filed under Reality checks, Thinking Aloud, Uncategorized

Experienced Thinking

I was driving home the other day and passed a local pub.

aldous huxley

This place often puts a quote on a blackboard outside and when you get stopped at the traffic light you have a chance to read it.  The quote the other day was from Aldous Huxley and read as follows:

“Experience is not what happens to a man; it is what a man does with what happens to him.”

Think about that not just in terms of your own personal experience but that of your business as well.  Many businesses have had the misfortune to figure out their business model is wrong or that they misjudged cash flow.  Some go under; some rethink how they’re doing what they’re doing or even if what they’re doing is right.  They’re the ones that dealt with what happened and gained experience.

This morning the news is filled with Facebook‘s purchase of What’sApp for $19 Billion.  There are also copies of the founder’s tweets that he sent when he didn’t get hired at Twitter or at Facebook.  Many people have had that happen.  He took those rejections and did something with them.  That experience made him a very wealthy man.

You can get knocked down and lie there or you can get up and fight again.  Your call.

Enhanced by Zemanta

Leave a comment

Filed under Helpful Hints, Thinking Aloud