It’s all about perspective and Volkswagen knows it!

It's all about perspective

Lately, I am reading the book Three Feet From Gold from Sharon Lechter and Greg Reid. It is a modern tale adapted from Napoleon Hill’s Think and Grow Rich.

One of the first interesting lesson is about the half-full/half-empty glass example.  I don’t know if you got that question often, but I did…and they were always telling me I was a pessimist in nature because I saw the glass half-empty! LOL!

In this book, this example is different and I really like it. It is a great business lesson. See for yourself. Read on!

A question of perspective

The protagonist is ask that same question:

“Do you see the glass half-full or half-empty?”

His answer:

“It depends if the glass was full at the beginning or if it was empty at the beginning! The glass is half-empty if it was full at the beginning and it is half-full if it was empty at the beginning!”

I just love it! It’s all a question of perspective! And all these years where I thought I was negative…

What does perspective have to do in business?

Actually alot!

As human beings we compare ourselves with others. We compare our situation (cultural, religious, education, wealth, health, etc…) with the situation of others.  For example, athletes compete against each others, so they compare themselves to the others. Comparing ourself with others is what challenges us in life. It is human nature.

In business, we do compare ourselves with others too. Let’s just think about network marketing businesses. If you are involved with any of them, I am sure that there is either a contest of some sort, a golden club for high performers, etc…

This is all great but it can also be discouraging for entrepreneurs, specially when you start and you want to do well. So what can you do to keep your faith in you and your business and to continue growing your business?

Perspective!

You have to put things in perspective.  The first attitude you have to learn in to compare your business in time to see how it is growing. Don’t compare yourself with someone else’s business!

I’ll give you an example.

Volkswagen

Yes the famous car company with all it’s problems! The stock of Volkswagen took a big hit this fall because of the fraud allegations. Their stock value fell by 50% between September 15, 2015 and November 15, 2015. So in two months, it took a really bad plunge.

For fun, I decided to look at the Volkswagen stock on the long-term to compare over time. I look at 10 years. On November 25, 2005 the stock was at 32$. On November 25, 2015….120.35$.

What does that tell you? Yes the company got hit in the fall of 2015, but over time, during a 10 year period, the stock increased by 376%. Not bad actually!

So yes, compared with other car companies like Toyota or GM, Volkswagen is more volatile right now…but whn you compare the company over time, it did well.

Compare yourself with yourself!

You like competition? Compare your business growth at different points in time to see your evolution.  Be competitive with yourself. Look at ways to improve your business and to grow.

So is your glass half-full or half-empty?

It depends on the perspective!

Cheers!

Patricia

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  1. Pingback: How to Measure Your Business Performance | Patricia Live

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