Archives for posts with tag: Flexibility

You can’t change the past. You can only affect the future and enjoy the present. Is there any other way to work and live than to remember that every day of your life is not a dress rehearsal?

‘What if?’ looks forward. You have freedom, flexibility, options. Above all you have control.

‘If only’ looks back. If only I’d done that, we’d tried that, and so on. It’s in the past tense. It’s done. You can’t change it. You can’t control it. Sure, you can learn from it, but it’s unhealthy to dwell on it. Otherwise, you become bitter with the failures, and complacent with the successes.

In business, as in life, we should be make sure we’re dealing with the ‘what ifs’ and not the ‘if onlys’.

Beyond the level of your basic human needs – clean water, food, that kind of thing – monopolies tend to be bad for the citizen.

Control and flexibility in one’s life is about choices, so when do you don’t have choices, you tend to suffer.

Perhaps the title of this post should be Monopolies in Emerging Economies, or perhaps in Not Very Densely Populated Areas, because my example for this is the west of Ireland.

Where I live we have one choice of central heating fuel, and one choice of provider of that fuel. The houses in the area were plumbed for this type of energy, and the switching costs to another type of fuel are either prohibitively high or it’s not possible to switch because the infrastructure’s not here.

When this happens, you’re a hostage to the macro ebbs and flows of global energy costs which invariably get passed onto you when the flows are┬ánot in your favour, and are slow to come back to you when they are. Hate that :-(.