Crowds chase value (upward trends), buying high to the peak and then selling their positions away, often at a lower rate as they grow frustrated and anxious when the upward trend falters, and then move on to chase value elsewhere. Rinse and repeat…until bankrupt. Not a clever strategy.
If you really want to know whether or not you have the crazy gene, you might want to try a more practical approach. Think about something that annoys you, and millions (preferably) of other people out there just like you….and fix it.
There will be a budget on 8th July and if previous post-election budgets are any guideline this is unlikely to contain any giveaways. Instead any increases in taxation are likely to be announced in the hope that in five years’ time we will have forgotten about them.
It doesn’t take much to completely screw the pooch out of your company’s high growth potential. Choose your preferred hemlock: Managing cash, contracts and people incorrectly; bad communications, quality control and completely losing control over the word “no”; trading customer retention for rapid acquisition…but there’s one thing that outweighs all the others…