Pessimist optimist problem opportunity Churchill.jpg

Optimism vs Pessimism

Winston Churchill is a master of succinctness and insightful word play. I think if he was alive today he would absolutely dominate in Twitter. I like the symmetry of words that perfectly contrast the difference between pessimism and optimism. When I saw this picture I knew I had a perfect match for the quote.

In business I think this quote is really true because:

  1. Someone with a problem is a potential customer
  2. Any market that is "too easy" with low barriers to entry and high profitability quickly becomes saturated and margins decline. Doing something well that no-one else can do is a defensible natural monopoly that you own
  3. Salaries don't reflect the effort put into the job so much as scarcity of skills and the difficulty of the job

Opportunity for Managers...

As regards Manager Foundation: The problems with managing staff are many - if more than half of your workforce is unengaged imagine what an opportunity this represents.  


Comments:

What does this quote mean to you and how have you used it in your business and life? Please share with us in the comments below.


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