When I was a kid, you dreamed of someday being a
millionaire. To become a millionaire was
the epitome of success. I watched the
show “The Millionaire” along with many other average folks many times during
the fifties. Millionaires were generally
older people who had worked very hard and finally over many years they had achieved
this pinnacle of financial success: one
million dollars net value. Imagine our
surprise back then if you would have told any of my family, friends or
neighbors that Steve Jobs, Sergey Brin, Mark Zukerberg, Bill Gates and Tony
Hsieh would all become “Billionaires” before they were even 30 and to top it
off, without even working up much of a sweat.
Something is wrong here. How can
anyone become this rich without years of study, effort and long-term
savings? Enter the new world folks,
where age and sage do not necessarily correlate with financial wealth.
Youth defying age!
We think of age as almost synonymous with growing older and wiser and perhaps
richer, but in this new era the youth of today have proved it is not about time
spent on the job or the amount of sweat equity you have put into your
work. It is not even about paying your
dues. We have already seen that in many
ways, wisdom does not come with age. Now we have another old myth shattered. Wealth does not come with age either. There
are plenty of older people who are just squeaking by. Age and wealth correlate about as well as age
and wisdom.
Today, wealth is about working smarter and not
harder. Each of the billionaires I noted
above were people who saw an opportunity and seized it. Each of these billionaires was working in a
new field where the old rules of commerce do not hold sway. It does not matter how much experience you have
in this new field, it matters how you apply certain principles and whether you
can figure out a value proposition that will satisfy your customers and
leverage the new technology that is driving the 21st century. Computers, software, cellphones, I Pads, and the
Internet are only some of the new tools that Jobs and others used to
manufacture wealth and value in ways that were undreamed of just a few years
before. There were those who said these “toys”
were only passing fads. There were others who said, it is just a new mode of
communication. There are those who think
it is only about video games. I even know
people who will not use a computer much less Skype or Facebook. Talk about sticking your head in the
sand.
Time marches on and those who can defy time, will find
there are potential rewards. There are pitfalls as well but success comes from
thinking out of the box (a cliché I confess) but it does come from embracing
change, trying new things, applying ideas in a new way and moving forward not
back. Older people have no lock on these
principles and indeed sometimes resist change as “we never did it this way” in
my day. Well, your day, whatever it was
is over, in fact every day is a new day and your day is now yesterday. Get out of the way, if you don’t want to do
things in a new way because nothing is sacred and those who defy time will
inherit the future.
Are you willing to try new things? Do you attempt to
resist new ways of doing things? Are you too set on “your” way of doing
things? Do you try new tools and methods
before your reject them? Are you open to
new ideas? If not, what do you need to
do to better embrace change?
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