Skip to main content

Posts

Showing posts with the label complacency

Just my thoughts #0678

Just as there is a distinction between rich and poor, there are also wealthy and impoverished thoughts. If you think poorly, you become poor. The mark of impoverished thinking is dwelling on the past instead of embracing the present. It’s said that the past was better, unable to accept the progress of the current system. When comparing the two, people often value what is familiar more than what is better. As a result, they make a less favorable choice and justify it. There is a pitfall in familiarity. - Joseph’s “just my thoughts”

Just my thoughts #0056

Success always has two faces. One is achievement and the other is complacency. There's a term in business administration called the " Competence Trap". It refers to the belief that if people cling to and repeat past successes, they will continue to be successful in the future. Xerox, which invented the world's first personal computer; Chrysler, which missed the SUV market because of the success of the minivan; and Kodak, which invented the world's first digital camera but failed to aggressively market it for fear of losing its main business, film. Humility is not an etiquette, but a shared destiny essential to success. - Joseph’s “just my thoughts”