What is Staying Power?

Fundoo Professor

A few days ago I asked a question on twitter: What is Pricing Power?

Yesterday, I asked another one: What is Staying Power?

I wanted to illustrate the power of focused thinking by “letting your mind wander.” What happens when you think about an idea and that idea only from multiple points of view?

Well, you get insights you wouldn’t get if you were distracted by other ideas.

Staying power is a very powerful idea. But where does it come from? The common answer I get from people is that it comes from a strong balance sheet. But that’s only part of the answer.

You have to keep asking where else does it come from. And one way to find out is by asking where does a strong balance sheet come from?

The insights gained through focused thinking on a question and that question alone produced some answers which I think will…

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Think in Images

Seeking Wisdom

Take a look at the table given below. Which sentences comes alive to your mind’s eye when you read? If you’re not an alien then chances are very high that you will find the sentences on the right hand side more vivid and easier to remember. Why is that? These sentences contains phrases like (1) kiss your foot (2) Adam and Eve (3) bees to honey (4) burning hot. And they turn on images in our mind’s eye which makes them come alive.

think-in-images-compare-sentences

What is so special about images and why does our brain give more importance to them? Daniel Coyle answered this question in a single word – evolution. Let’s do a simple experiment to find out if our brain is a product of evolution. In the image given below, one set of circles appears to be bulging outwards and the other appears to be dented inwards. Can you identify them?

The images…

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