***People, people we are the same
No we’re not the same
Cause we don’t know the game
What we need is awareness, we can’t get careless
You say what is this?
My beloved lets get down to business
Mental self defensive fitness***
Public Enemy ♦ Fight the Power
I said you can write an anthology on PE (Public Enemy, not Price to Earnings). I will not write it here, but the crew deserves at least one other quote. Plus, BPM knows that you old heads have a lot of those lyrics in your cranium.
Do you really believe the guy who is making a mint when he says “I just got lucky, I started the same as you?” If you do, you don’t know his game. You need to work that much harder. You have to stay informed in your field. You can’t get lazy and act in a slipshod fashion about your area of core competency. If you sleep on the guy next door, he will eat your lunch.
Inherit in doing this, is maintaining mental fitness. Remember, in a 24-7 global economy, there is a guy on the other side of the world right now trying to take yours. You can sit by and let him take it, or you can be working on the next thing or tightening up your game.
KEEP EXPANDING YOUR LEARNING CURVE
NO SLEEPING ON THE JOB
*** You change it around, disguise the sound
With no prior desire to write, that’s why I frown ****
Cold Crush Brothers ♦ Fresh, Wild, Fly and Bold
Takeaway #179: Innovation is more than paraphrasing
***Mr. Fash-ion, that style never last long
The harder you flash, the harder you get flashed on
There’s hunger in the street that is hard to defeat
Many steal for sport, but more steal to eat
Cat’s heavy at the weigh-in, and he’s playing for keeps
Don’t sleep, they’ll roll up in your passengers seat***
Mos Def ♦Got; Black on Both Sides (1999)
The maxim: Eat your lunch or someone will eat it for you. Management does not want to enter the industry because it fears that it will lead to cannibalization of its current market share. The sad fact is that if the expansion step is not taken, there is a greater chance that the company will have an even greater market share taken by the current competition seeking any incremental revenue advantage possible. In the best market, there are always the hungry few. The scary part is that it only takes one desperate player to take a huge bite out of your piece of the pie.
The other reality is that overplaying your hand (“hard flashing”) can only make the desperate and hungry seek to “flash on” you that much harder. If you perpetually view investor relations as telling people how large your market share is, then you can view it as the same as putting a big red “X” on your back as a target for the competition. And it is not just the competition. The target is on the back for government regulators and agencies looking to make an example of you as one of the fat cats. You can get jacked from the passenger’s side of your ride by anybody.
FEAR HUNGER NOT CANNIBALIZATION
GET A LOW PROFILE, DON’T GET PROFILED