Day #68 Grayleap Reading Challenge #Habits #Citizens #Blitzscaling
1) Daizy Patel reviews the 11th chapter of the book "Atomic Habits" (Author, James Clear)
Chapter 11 - Walk slowly, but never backward
Habit formation is the process by which a behavior becomes progressively more automatic through repetition. We always try to find the best plan for making a change, so we often rely more on planning than action. We are so focused on figuring out the best approach that we never get around to taking action.
The author clarifies the difference between motion and action.
Motion is something we do because we need to learn or plan something, whereas actions are the type of behavior that deliver an outcome. For instance, if I brainstorm some ideas for a book I want to write, it's a motion, and it's easy to convince ourselves that we're still making progress on it, but action will make us feel that things are being done. So if I need to get my book written, I need to work on it.
Habit formation is the process by which a behavior becomes automatic through repetition. The author has cited some examples from the research done by neuroscientists worldwide that establish that a habit that is repeated clearly leads to a physical change in the brain.
Each time you repeat an action, you activate a particular neural circuit associated with that habit. All habits follow a trajectory from effortful practice to automatic behavior. This process is known as automaticity.
So the author responded to the most perplexing question, "How long does it take to build a new habit with?" with a well-explained answer that states that the amount of time you have been performing a habit is not as significant as the number of times you have performed it. Therefore, we can easily say that the more frequently we practice a particular behavior, the more quickly it becomes our atomic habit.
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2) Gaganpal Singh continues review of Samaaj, Sarkaar, Bazaar (Author, Rohini Nilekani)
Chapter 5 – Want to empower women? Start thinking about how to help young men
While reading this chapter, I reflected on my growing days. Not even once did we get an opportunity to discuss our vulnerabilities, intimate feelings, and insecurities with a confidante or a close relative.?
There was also no place to talk about "boy things." The author delves into the problem hidden in plain sight, which can be solved by guiding and counseling youngsters and adults. Unfortunately, depression is primarily thought to affect women.
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Rohini underlines the reason as the perception of masculinity, which?is conditional in a feudal society like ours. It is a false truism that you are not masculine enough if you are emotional, sensitive, or compassionate. That you are not "man enough" if you are not strong or if you are not the breadwinner in your family. It is time we become realistic about treating men as humans, not as so-called saviors.
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3) Amarendra S. continues his review of Part 3/6 of the book "Blitzscaling" (Authors, Reid Hoffmann & Chris Yeh)
PART 3: STRATEGY INNOVATION - GOOD TIMES, BAD TIMES
Google chose the post-dot-com bubble to rapidly scale its Adwords business by inking a distribution agreement with AOL:
"The deal, first announced in May 2002, gave AOL an 85% share of the revenue generated by AOL searches powered by Google, with a guaranteed minimum of $150 million per year. At the time, Google had less that one-tenth that amount in the bank."
The market conditions seemed risky at that time, as the NASDAQ had fallen 80% in the previous two years. Yet, post-AOL, Google's revenues shot up to $347 million in 2013 from a pre-AOL level of $19 million.
If you identify a large opportunity waiting to be capitalized, you may be able to blitzscale even during a recession. It is essential to see that growth rates as relative rather than absolute. In a fast-growing market, you could be growing at 100%, but, relatively, you might be losing market share. Whereas, in subdued market conditions, you might be growing at 50% but gaining market dominance.?
The authors state:
"You can successfully blitzscale in good times, and you can successfully blitzscale in bad times, though market conditions can and should affect your strategy."
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