"The Man, The Mission, The Passion" Husband, Father, Attorney, CPA, Steward Leader, Entrepreneur, MBA, Author, Builder, HBS OPM 25 Class, Mentor, Teacher

 “The Ovarian Lottery”

warren buffett

It is important to regularly take a few minutes and Count our Blessings,
refresh our Attitude of Gratitude.

The “The Ovarian Lottery” is a thought provoking quote
from Warren Buffet:

“The Ovarian Lottery”

“I’ve had it so good in this world, you know.

The odds were fifty-to-one against me being born in the United States in 1930.
I won the lottery the day I emerged from the womb by being in the United States. 

 Imagine there are two identical twins in the womb, both equally bright and energetic.  

 And the genie says to them,
“One of you is going to be born in the United States,
and one of you is going to be born in Bangladesh.
What percentage of your income would you bid to be the one that is born in the United States?” 

 It says something about the fact that society has something to do with your fate and not just your innate qualities.

  The people who say, “I did it all myself,”
and think of themselves as Horatio Alger – believe me,
they’d bid more to be in the United States than in Bangladesh.
That’s the Ovarian Lottery.”
- Warren Buffett

 (The Snowball, Alice Schroeder)

 

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Breaking the Competency Curse

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When we become very, very good at something and get used to the kudos, the praise, the success, the sense of satisfaction our expertise brings, us we can become reluctant to expand further, to move forward into areas where we are NOT competent; areas where we lack confidence, where we feel awkward and clumsy as we acquire new skill sets. That is the Competency Curse.

In today’s fast changing world, failure to recognize and dispel the Competency Curse can quickly leave you obsolete and out dated. A life devoted to continuous learning and personal and professional growth is the solution. The key is to change in a gradual but non-stop manner, to change at your volition, at the time and pace of your choosing rather than ignore the inevitable and then to be forced into abrupt and painful change of which you have little to no control. The wise choose ongoing, controlled, directed change before a crisis demands sudden, uncontrolled change.

Closing Quotes:

“He who rejects change is the architect of decay. The only human institution which rejects progress is the cemetery.”- Harold Wilson, 1916-1995, UK Prime Minister, 1964-1970 & 1974-1976

“It is not necessary to change. Survival is not mandatory.” - W. Edwards Deming, 1900-1993, launched Total Quality Management movement.

“When you are through changing, you are through.”- Bruce Barton, 1888-1967, Author, Advertising Executive & Congressman

“They must often change, who would be constant in happiness or wisdom.”- Confucius   

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The Stories We Tell Ourselves

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What holds us back from finding our greatness?  Frequently, our greatest challenge is some manifestation of fear and one of its cousins – anxiety and worry. The bad news is that often we have a hand in creating that growth barrier, the good news is that it is also within our power to remove that obstacle.

Fear can be a subtle emotion, often disguised as well intentioned words of caution or self-imposed limiting beliefs. We tell ourselves stories about ourselves and life and who we are and what things mean. In those stories often lie our destiny.

Do we tell ourselves we are strong and resilient or do we lick our wounds and say “I’ll never try that again, I’ll never trust again, I’ll never love again, I’ll never let myself be hurt like that again, I’ll never let myself be vulnerable, laughed at, exposed again.” Each word spoken in fear makes the wound a permanent wound, a scar potentially crippling, blocking our future growth. When we choose to weave a tale of fear into the fabric of our life story, it is we who are compounding the injury.

“So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself;
nameless, unreasoning, unjustified terror
which paralyzes needed efforts to convert retreat into advance.”
- Franklin Delano Roosevelt,
1882-1945, 32nd U.S. President 

“Often what you fear has little or no real power;
it is your fear that has the true power
and it is YOU
giving it the power.”
- Nathan S. Collier 

 “There is no terror in the bang;
only in the anticipation.”
- Alfred Hitchcock,
1899-1980 

“The Cave You Fear To Enter
Holds the Treasure You Seek.”
- Joseph John Campbell,
1904-1987
“The Power of Myth”

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