Change is hard.
Note; the pictures on my posts are mine, and I took this shot in 2020, Lagos Nigeria
I saw a show where a certain millionaire invests in car repair businesses, allowing the owners to renovate their workshops and attract more customers. However, he does not simply choose the first car workshop he comes across.
The man examines the workshop and the location, as well as performs some calculations to determine whether the business will be able to generate one million dollars per year.
However, it is always a difficult process because most of the workshops he attends, he asks a team or professionals to study the behavior of the workers there and whether they had the right attitude to work, after which he asks the owner of the business to assemble the team so he can inform them that he is fully taking over.
The workshop owner and the workers dislike the changes, but they are unable to leave their jobs. They were previously earning peanuts with the car repairs they've been doing in the past, and they were comfortable with this but then a big investor comes in with the promise of changing the business and in turn changing their lives.
However, these guys cannot imagine being policed by a new boss; they find it humiliating to be told to stop smoking in the shop, cut their hair, wear a specific uniform, and have their workshop dismantled and rebuilt.
Resistance to change
Resistance to change stems from being overly accustomed to and comfortable with certain habits. They understand that this investor will eventually change their lives, but the short-term changes they must deal with are often too much.
Positive and advantageous changes always seems uncomfortable in the beginning even when it pays dividends in the long run, but not all changes are positive, and some changes happens especially when we cannot control it.
What I noticed is that some of the workers in the workshop are complacent, and many of them are not as active as they should be, which is most likely because the business owner allows it.
However, a potential investor looking to make money will not tolerate this attitude, so either they are willing to change or they quit. Having a new investor is like having a new sheriff in town; they are out to make money and do not care whose ego they have to bruise or who they have to fire to get that business up and running.
Money emotional detachment
Angel investors differ from normal investors. Venture capitalists are mostly brutal about profit, and while their proposal to invest in your company appears to be magical, the changes they intend to implement feel invasive and difficult.
VCs remind me of moneylenders.
On the surface, they appear to be saviors. Why? Because they readily provide you with the funds you require for whatever purpose. Being in debt is not a problem; it is the requirements, collaterals, or repayment terms that can make it diabolical.
However, owing debt can mean you now have the opportunity to start a business or earn money, and most of the time, people choose to be in debt because it allows them to put their money to good use, which is why debt is not such a bad thing.
However, the repayment conditions can cause significant discomfort, and these experiences or changes can be extremely difficult.
99% of investors are not emotional, but 1% may be, and these are the ones who do not care about short-term profits.
Because investors/VCs want 100% profit for every penny they put in, they already have their own rules for how things must be done, and sometimes the owner of the business does not want things to be done that way, but because the person who brings the money is critical, things must be done their way, whether it is the right way or not, or whether the business's leaders will compromise on their principles.
Money is the alpha puppeteer.
It (money) directs people in directions they would not normally follow. People sacrifice their values for money, doing or saying things they would not normally say, because their lives depend on it. This means that change is not always progressive.
Sometimes change is simply intended to create a takeover.
Sometimes it can be hostile, sometimes it can backwards and sometimes it can happen because money is involved. It is how the slave trade thrived in Africa, and it is where betrayal and greed originate, but this is a different issue.
Many people will gladly accept financial innovations, but they will struggle to understand that they must change in order to adapt to the innovations that are coming into their lives.
Interested in some more of my posts
Why Is the grind getting harder?
Monopoly Is the Death of Civilization
Survival: Choas and Scarcity
Crypto: Gut & meaningful Connections
What is the primary barrier to entry in Web3?
What Are Some Things You Should not Do During A Bull Market Year?
It's tough for everyone. I think emotions ruin a lot of investors. You need to be objective and figure out what is going on to make reasonable decisions. I think its reasonable to want back the money they invested, and its also why I understand anyone taking VC funding is only building goodwill. The investors will want to be paid sometime.
Investors always wants to be paid at all time. It's a good thing to have their funding, especially when you're starting out, but I think anyone who wants their funding will know that they have to pay up at some point
Many investors let emotions run the show, and wow, that is a bad thing! I have seen some really bad things happen when people let their emotions run their investing...
You have to be willing to change because it's universal. Just like us in crypto, we incorporated this new technology into our lives and investments. Sadly in life, the mantra is: change or die. The world is rough place!
Haha, indeed: change or die. I think the changes happening with crypto is inevitable and I don't know if they'll futuristically change the nature of crypto and all that. I guess not all changes are good
We all understand that change is one thing some people find difficult to adopt. It's not that the change won't benefit them, but they're not just ready to leave their old comfort zone.
This investor's approach was about the same thing that played out in one of the flour mills company here in my city. The business wasn't bringing in enough returns despite the huge amount of money invested in it. Some background business was actually going on so the owner brought in some Indians to manage the company.
Some of the workers, especially the indigenes who claimed that the job was their entitlement resisted the change. They couldn't come to terms with the revamping of whole system of operation that the new management was doing.
Eventually some of them were laid off.
People will be laid off when they cannot adapt, just like in the company you spoke about. In crypto people who were around 8 years ago are no longer here, and that's because adaptability and the skin for longevity is always an issue
You mean this as in they follow profit without caring about the businesses they invest in, right? Because otherwise, investors are often driven by emotions, especially less experienced ones, but sometimes experience has nothing to do with it, depending on what generates the "crisis".
In the context, I was trying to say "emotional" in the sense that they're not driven by pity or sentiments. They just want to secure their money and don't care whoever's ego they gave to bruise, especially when it comes to making profits
Yeah, that's how I interpreted what you said too.
Change is constant; we can't escape it if we want improvement. But it's not easy; it always seems like the hardest part of life, especially when it comes to personal growth.
That is a beautiful picture; it is every word one can use to describe Lagos😆🤍
Yes. Change is hard, and anytime it occurs no matter how regular, it's always invasive and hard.
Yeah, I took the picture five years ago, back when I was passionate about photography.
Sure exactly. Its still the same money that makes God fearing ladies become hookers. May God help us.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
People have a difficult time changing their routines even for something better. That investor’s rules is strict but maybe the workers will thank him later when they earn more. Change is scary but very much needed
You just hit the hammer on the head of a nail…we are all guilty in this but with some variations. Man naturally do not change or like to change. That’s why we see alot of people with the take me like I am slang. Change is always constant and I think each of us should weigh the changes coming our way and the possible ways to benefit for it and for in instead of resisting change.