Sunday, December 11, 2011

How Underdog Handle Money and Do Business

 The underdog is always thinking about what other people with more money or other, bigger, or older businesses are doing.
 The underdog is holistic about money and business. The underdog thinks about survival from one day to the next, and money or business is only one part of it. Underdogs also know they cannot compete in the big leagues, and so look for other ways of doing business or making money.
 The underdog is always adapting. S/he has to learn with every transaction, with every experience, with every mistake.
 The underdog plays a waiting game. Circumstances are not in his/her favor, so patience and careful thinking are a necessity.
 The underdog is creative. His/her means are limited, much more so than people with more money or bigger businesses.
 The underdog sees the big picture. The market, the business world, banks and loans, all of these can be unpredictable and most are hostile. So to spot opportunities nonetheless, the underdog looks at the context beyond the immediate to find a better situation.
 The underdog is always scanning his environment for possible threats and opportunities.
 The underdog specifically designs each action to suit his/her strategy. The underdog sees the impact of every action on the situation, and takes all the potential consequences into account.
 The underdog is constantly forecasting for all events, and considers even unlikely scenarios.
 The underdog assumes s/he will lose any direct confrontation or competition.
 The underdog will break even his/her own rules of behavior in order to get what is necessary to survive. It can be seen as dishonest; but it may only mean s/he has struggled to survive.
 The underdog ’s passions are engaged.
 Thinking like an underdog is not just for crises or problem-solving: it is operating all the time. It can be exhausting or stressful, but that is often how underdogs live.

No comments: