I am a racing F1 fan. I do not have a specific team that I support but many times I would watch out for certain drivers, especially from the mid field teams and the bottom teams. In those teams, I see passion in some of these drivers. They may be driving a car which is not as good as the front runners but they tend to get certain recognition. Why? They are able to push the car beyond its design capabilities and able to finish the race! Many times these kind of drivers, would go and do great things such as the two times world champion -- Fernando Alonso.
The same principles should applies to life, especially in business. All of us wish that our tools is the latest and greatest in helping to get the task at hand done. In reality, not many of us has the privilege to have the best tools. This does not mean we cannot get the work done! With some creativity and passion, I am certain we can get many things done.
This PC that I am using now is four years old. It may not be the latest model nor has the latest graphic engine. Nonetheless, it has help me to create my websites, host my pictures and even to write this blog. Instead of keep upgrading the hardware to chase after the latest technology trend, I try to stay with proven technology. The very least, I have saved on technology cost over the last four years.
No doubt, faster machines and more user friendly OS has been released in the last few years. But I must think about the money spend and the benefit that I can extract from it. In this case, whatever that I am doing now is more than suffice than to upgrade my machines.
I am not asking you to get stingy and not upgrade. Rather, by pushing your existing equipment for that 10% more, it means you get more bang for your investment and run your operations as efficient as possible. Just being efficient, you would be ahead of your competitor in terms of price and quality.
Before you spent money on upgrades. Think about efficiency and cost savings. If you can push your existing equipments further, maybe you should hold back your investment a little longer. After all, the cost of technology will only come down. Good luck with that 10%.
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