In the sixth chapter of his "Art of War", Sun Tzu said, "凡先处战地而待敌者佚,后处战地而趋战者劳。" Translated as: "He who first reaches the battlefield is relaxed. He who reaches later is overworked." The troops that are first to the battlefield have more time to make plans and prepare. They could occupy the higher ground or station their men near the water and food source. The troops that come later need to adjust to the conditions created by the enemy. Reminds me of the concept of "First Mover Advantage" in business. As the first one in the market, you can (at least should) - enjoy a big market share for a longer period - more time to establish brand recognition and customer loyalty - set the market standard for the product Of course, not saying competitors who come after cannot succeed. There are obviously many examples of companies who came later and displaced the incumbent. But they almost always have to spend more time and money or need to think of a really brilliant strategy. Else, you can choose not to fight in the same "battlefield". #axlplanner #artofwar #business #strategy #lessonsfromhistory
Planning ahead helps you embrace the future with a sense of purpose and understanding. You may need to adapt and adjust, but you’ll apt to have a better mindset. Thanks Axl Ching (Estate/Succession/Wealth)
Agreed Axl Ching (Estate/Succession/Wealth) that we should not live in a reactive mode.
Good sharing, love reading Sun Tzu's art of war. Axl Ching (Estate/Succession/Wealth)
Good one, Sun Tzu's wisdom makes sense even till today.
What an insightful connection between Sun Tzu's wisdom and modern business! Axl Ching (Estate/Succession/Wealth)
Axl Ching.......he plans and strategize the moment before the battle starts......and for those who is late would be outrun.......Just my 2 cents thoughts!
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2moAxl Ching (Estate/Succession/Wealth) Early bird gets the worm? 🤭