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Wednesday, June 16, 2010

Today, what is on my mind? Well, Opportunity, is painted all over the walls of my contemporary mind. Many of times, we envy the people around us, just because they have the necessary resources and the capabilities. Many a times, people say opportunity is about luck, opportunity is about a god-sent gift that drops from the very sky and lands on the tip of our toes.

Come to think of it, everyday is an opportunity. Sometimes opportunity can be induced while other times, opportunity simply needs a little nudging for it to follow. Take for instance, some opportunities do arrive after a sequence of unfruitful or acceptable events take its course. Somehow, without these events taking place, the opportunity does not emerge. I believe this is known as the "core ridigities" where many people are or feel that they should keep themselves enclosed in their cage of protection.

Induced opportunity requires a little more touch-up because an opportunity could go sideways if one does not handle them properly. Well, of course in order to induce an opportunity, one must have the right techniques, approach, resources, direction and purpose. The idea today is about being innovative and giving a new vibe. Many induced opportunities these days are simply a copy-cat of the previous opportunity or success by others. One must remember that the market learns as quickly as you; efficient market hypothesis. Given the right application, an induced opportunity would most likely have a great impact and significance and you would have the appropriate controls to make it steer in your favor.

Now now, we have been talking about how to handle different types of opportunity. But how to spot an opportunity? Well, ever heard of the self-fulfilling prophecy? Yes, it might be a cliche but it has proven itself in the latest TV series; Flashforward. Many of times, we rely on day to day activities, in hope of an opportunity coming our way; however human instincts have a way of clouding our judgment from time to time. Take horoscopes for an example, though i'm not a believer, but it's a start for a newbie opportunist.

Horoscopes; though might be a load of random text which are randomly published, it might alert one's self of the daily events. Well, per say, a horoscope that reads "Take care of your peers and families this weakend", would signal a different idea of thinking. I was telling another friend of mine today that entrepreneur does not need to have the professional capabilities, all he needs is the idea; the rest.. can be done by a professional manager; like myself.

Anyway, the whole idea regarding horoscopes, is to alert oneself of the apparent opportunities in the day. Of course, that opportunity must be induced as well. Imagine, if you begin to defy the horoscope by simply standing at home or whatever, it defeats the purpose of an apparent opportunity.

All in all, the process of opportunity requires the idea, the action and the right strategies for implementation.

"An opportunity, never knocks twice on one's doors" - frostdude

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