Partners column

Tough people

There are many starters in life – but very few finish what they start. When the going gets tough, most people fold. They don’t persist hard enough or persevere long enough. They don’t take enough personal initiative to make it happen – they don’t go the extra mile.

There are three kinds of people: People who make things happen – people who watch someone else make it happen – and people who don’t know what’s happening.

Thomas Edison belonged to the first category of  “People who make it happen”. He persisted through 4,999 different attempts to invent and perfect the incandescent lamp. He finally succeeded on his 5,000th attempt. This is a recorded fact. What do you suppose he had that others didn’t have? Successful people keep moving. They make mistakes, but they don’t quit. Success seems to be largely a matter of hanging on after others have let go. As Winston Churchill has aptly been quoted “Never, never, never, never give up”

Persistence is the power to hold on in-spite of everything, to endure this is the winner’s quality. Persistence is the ability to face defeat again and again without giving up. Persistence means taking pains to overcome every obstacle, to do all that’s necessary to reach you goals.

The Greatest tragedy in the life of millions of people is that they come into this world and leave this world and never ever realize or develop their full powers and potential. They bargained in life for a penny, and life would pay no more, not realizing that any wage they would have asked of life – life would have gladly paid.

Some of those people never even tried, they just settled for mediocrity.

Others, had a dream, an idea, a desire or goal, and decided to go for it, but then dropped out when the going got tough. Too many people give up on their dreams too soon in life.

No matter what the level of our ability, we have more potential than we can ever develop in a lifetime. Deep within every man and woman dwells those slumbering powers; powers that would astonish them, which they never dreamed of possessing; forces that would revolutionize their life if aroused and put into action.

Potential means undeveloped and unrealized Powers, Possibilities and Capabilities that can, but have not yet come into being. In other words, the best is yet to come!

“Tough Times Never Last – But Tough People Do”

No matter what problems you have to face today,there is a solution, because you have nothing to deal with but your own thoughts. As long as you think that your destiny is in the hands of other people, the situation is hopeless. You will need to confront your problems with courage, boldness and action.

There’s an old Chinese saying that goes “If you live with a problem long enough, it could eventually become a blessing.” Within every adversity in life, there is always a seed of an equivalent or greater benefit. We have to look for it – find it – and act on it.

The global economic scenario has been depressed and volatile now for a long time. Many business houses especially the midcap and small companies, are finding it extremely difficult to sustain themselves in these trying times due to weak demand, rising costs and higher finance costs.Recessions, for most people, are a time to be scared, depressed or fearful.

But some people, and companies, use periods of economic contraction to plan for the future when things are brighter. Many companies such as Starbucks, Life Technologies, Apache, Wells Fargo have managed to boost their net income the most since the last recession began, according to S&P Capital IQ. These companies above have mostly emerged from the recession stronger than ever. And much of that powerful rebound has been generated by the efforts by companies that made the right moves during the recession and have been focussed and determined.

Those who have grit, determination and plan B in place will find winning solutions and emerge successful.

Warm regards,

Rashida Adenwala
Partner