Most people tend to underestimate themselves excessively. Many say, “Humility is the virtue,” perhaps influenced by social environment and education, but it’s more about recognizing mistakes and limitations than about one’s own potential. That is, self-judgment based on experience. Of course, there will be mistakes and limitations in the future that we haven’t yet encountered, but the possibilities and achievements will be just as numerous. If we assume the odds are about equal, then we shouldn’t need to underrate ourselves. Excessive self-confidence or showiness is a problem, but so is underconfidence. Too much or too little is called arrogance. In Christianity, it’s considered “sin.” - Joseph’s “just my thoughts”
In a rapidly evolving technological market, companies thrive not by producing durable, long-lasting products but by continuously innovating new models. If car manufacturers create vehicles so robust that customers drive them for over 30 or 40 years, those companies risk failure. Therefore, product cycles are crucial in manufacturing: if they are too short, trust is lost; if they are too long, bankruptcy follows. Nevertheless, newcomers often aim to make them more robust. - Joseph’s “just my thoughts”