Sunday, December 6, 2009

People review and 10,000 hours Theory

Group 1: Alot of talk no action
These are people who will never fail because they fail to start anything. They would give excuses like "no money", "no time", "no connections" and so on. As a result, they led a mediocre life. No risk but safe.

Group 2:Alot of action but same strategy
These are people who is slightly better as in they never stop to try after they failed multiple times. For instance, they keep losing $ in stock market but they would keep trying without new strategies.

Group 3:Alot of action after reviewing
This is the best group. After they have failed, they will never give up but will keeping reviewing and fine tuning his strategy until he has achieved success. It involved alot of hard works and perseverance. From research, a man needs to cross the 10,000 hours mark before succeeding. Steve Jobs, Apple Chairman and Bill Gates, Microsoft Chairman was programming for more than 10,000 hours on their computers before they made the breakthrough. Few people know they are Programming experts.

I will leave with the story of 2 of greatest men alive I have admired.

Sim Mong Woo, Creative Chairman
He is only a diploma graduate from Ngee Ann Polytechnics. When he first started out, he wants to build his own multimedia PC called Cubic CT. This PC was costly and was a complete failure. What did Mr Sim do? He fine tuned his strategy and decided that people can't afford such costly products. He decided to build only a sound card which is only part of his old Cubic CT. Today, look what his product has brought him.

Steve Jobs, Apple Chairman
He was a school dropout. He was pursuing his interest in computer graphic fonts in his home garage while other people are schooling. He started Apple Inc and was doing great until he decided he needs a CEO to run the company. As a result, he employed John Scully as CEO. John and his directors kicked Steve out of the very own company he had started because they found him difficult to worked with. What did Steve do? He can give up or can go on to sue John Scully and his gang. Instead, he started NEXT computer but was not successful. Next, he bought over Pixar Animation at dirt cheap price, when other don't see the potential of the company. This company successfully produced The Toy Story. The rest is history.

Apple meanwhile was swinging from profit to losses. They brought back Steve and he immediately sacked those unproductive executives. He also bring in the Operating System he has written during his time at NEXT computer and named it MAC OS. He also came up with innovative products like iPhone, iMac and so on. Today Apple Inc share price is closing on USD 200.

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