Tipped Over

A simple way to know when you have tipped over with a virtue or vice is when you start looking like a person that has that virtue or vice.

When you start looking like someone that fasts, you’ve tipped over.

When you start looking like someone that smokes, you’ve tipped over.

– Osasu Oviawe

Growing older

There was a time when there were no drugs in my house.

I drank water if I had a headache and slept more if I had a flu.

I woke up this morning and noticed a card of Paracetamol and Loratidine at my bedside. I haven’t popped any in a while, but I miss the days when they were not even a feature of my room.

– Osasu Oviawe

The Finite and Infinite

Like action, supply is finite. Like desire, demand is infinite.

Supply generates revenue. Demand generates cost.

Revenue is finite. Cost is infinite.

A finite resource requires resourcefulness. An infinite resource requires control.

Businesses go through boom and bust cycles partly because we forget the very nature of revenue and cost.

In the boom years, revenues seem infinite. This makes business leaders treat costs as a necessary trade-off for revenue and let it run out of control. They forget that costs will always overrun revenue if not kept under control.

In the bust years, costs seem finite. This makes business leaders treat resourcefulness in building revenue as a cost that needs to be avoided. They forget that without growing revenue, no matter how well you control costs, the business will still go bust.

When designing a business to be anti-fragile (a term popularized by Nassim Taleb when referring to things that benefit from disorder), business leaders have to be intentional about controlling costs in boom seasons and unleashing resourcefulness in bust seasons.

It reads like an antithesis but the greatest business leaders share the learning in different ways. You can call it healthy paranoia.

Andrew Stephen Grove, a former CEO of Intel, once said, “Only the paranoid survive.”

Warren Buffet, put it a little more mildly when he said, “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

– Osasu Oviawe

The Backwards Law

Coined by Alan Watts, it states that the more you pursue something, the less likely you will get it because trying to get it reinforces the belief that you don’t have it.

Or like the Buddhists say, “desire is at the root of suffering.”

A note to remember.

– Osasu Oviawe