Month: January 2023

Happiness before success

It’s a common assumption for most of us that we will be happy once we achieve success – financial or otherwise.

Even though this sounds logical, this is a myth.

Success is the result of happiness, happiness is not the result of success.

Being happy and joyful is in our hands today, right now, regardless of the forces that are acting upon us and around us externally. Our own body and mind is a closed system that we have the ability to control.

Let’s take the first step to achieve contentment, happiness and satisfaction. Not by allowing other people or other things around us to create that effect but intentionally creating it ourselves. By being happy, you will create happiness around you. And then success will follow.

Don’t let a crisis go to waste

Where others see calamity, you can choose to see opportunity.

At the turn of the century in the year 2000, there was a dotcom bubble. Everyone was investing in anything that was dotcom.

The bubble burst. The peak came crashing down to become a valley. However, after that, slowly but surely the world changed completely with technology companies paving the way.

Then there was the real estate bubble in 2008, where once again the real estate marketing market collapsed cuz of unrealistic market exuberance about all types of real estate equities, good and bad, that were bundled together and sold.

The market fell off the cliff once again into a deep valley but once again the market regulated itself and slowly but surely real estate around the country gained value.

Same thing happened to crypto like Bitcoin, Ethereum and so forth. Started very slow, reached ridiculous heights, came crashing down and now it’s on its way up slowly.

I believe this is the lifetime curve of any new shiny thing.

Now there’s this third bubble that’s bursting. This bubble is induced by the pandemic – COVID-19.

All the companies that were made essential overnight to deal with the pandemic got over hyped. Zoom, Peloton, Facebook, Microsoft, Google, Snapchat, Apple, Netflix, etc. Anything and everything that facilitated our new pandemic forced remote lifestyle and workstyle went straight up into a very high and unsustainable peak. Obviously that was not sustainable over the long term so much of that came crashing down in early 2022.

It is true that the bubble is currently bursting but that does not mean that these companies and their products and services have stopped adding value. The market is just regulating itself like it always does.

Now going forward all of these companies will be making a comeback since all of them have amazing products and a great foothold already in the market. They will follow the same new shiny thing lifetime curve as we have seen in the year 2000 and then 2008.

The question for us now is how do we all capitalize on it. Here are the things I believe we should be thinking of in the front of our minds to capitalize on:

  • Remote and hybrid technologies
  • Cryptocurrencies
  • The promise of the metaverse
  • Innovative technologies that enhance work and play remotely

Let’s see how things play out.