As of late, I've spent more time being out and about running errands, and one of the recurring observations I've made is how difference of perspectives are handled.
In many cases, people see the same thing but from a different point of view, thanks to their age and experience.
I think older people are often rich with experience and default to viewing everything from that angle, which is understandable until they get defensive about that being the correct and only way to make sense of a situation.
I'm part of the younger camp here and somehow noticed this sentiment of having a tunnel vision with regards to getting stuff done as soon as possible as if time is not on your side when you're young.
This guy at the repair shop amidst having a conversation about earning steady income via provable businesses like franchises was given a hypothetical scenario of having 100,000 in cash, what would he do with it and without hesitation, he said fly out of the country and never return back.
The owner of the repair shop came quick bashing the guy as ngmi, not going to make it, for the simple reason that he chose to travel and not use that cash to start a business and potentially 10x that money in a couple years time.
The guy was adamant on his stance, mind already made up even though as an observer, I could tell the main reason for traveling is for greener pasture, increasing earning capacity via a change of environment.
I don't know. But young people are always on the hunt for new experiences and this tends to come with a lot of uncertainties as a byproduct. Compared to the newness of experiences, which in reality are a way of collecting raw data about life itself, I'd argue that youth trades certainty for perspective and that’s not necessarily a bad deal.
Moving to a different country, even with uncertainty, means exposure to different markets, networks and ways of thinking about money itself.
The repair shop owner calls it ngmi because he can't see past the immediate trade-off, but the young guy I presume is playing a longer game than the owner realize, one where the experience itself becomes the asset.
Even if that's not the case, that's just how I'll see it. Stability is largely a defensive approach that has its value after you've accumulated enough context to know what you're stabilizing around, but it's hollow when built on borrowed assumptions.
I think when one is young, the 100K goes beyond just capital for a business. It could be a ticket to repositioning yourself entirely and test theories about where opportunity actually lives instead of where people tell you it should be.
Why would one at the exact moment when the cost of failure is lowest and the runway for recovery is longest, waste that advantage and play it safe?
Again, both are after the same objectives. It's just that one wants to take the direct route while the younger one is opting for the scenic route.
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I believe both ideas are great but they're both under chances and uncertainty and I'd rather be in uncertainty within reach of more opportunities so I'm on the young guys side
I don't think the repair shop owner realizes how little the opportunities are in our country.
Right, both have an element of uncertainty in them. The repair shop owner thinks the young guy can weather the uncertainty of starting a business, which I personally was not so sure about.
It kind of depends with opportunities, I think they're always everywhere nowadays. But being in certain environments does increase our chances of getting them. We live in a global interconnected world now.
Thanks for stopping by :)
Everything boils down to information. As a young man I don't really fancy traveling out of the country before I could make it.
Right, it's a matter of perspective. Travelling for exploration may come later for some and not necessarily a priority. I'm also with the mindset of establishing a strong base first before flying out into the unknown.
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