Thursday, September 10, 2009

Financial Crisis



No names, no photos. This was Mr K’s sole condition to grant me this exclusive interview. He is not willing to take any chances. He can’t afford to, not after an incident where his S500 got jacked during which the carjackers panicked and fired a shot, merely inches away from putting a bullet into his brain.

When most people say/think financial crisis, all that comes to mind is the negativity, one which we all fear.

Afterall, the definition of crisis =
1) a time of extreme trouble or danger
2) an emotional stressful event or traumatic change in a person's life
3) an unstable condition, involving an impending abrupt or decisive change

Based upon our fears, we start to behave differently eg spending less, save more, becoming more stressed out, worrying etc...

But Mr K gave me a whole new perspective, where he thinks differently and reacts in a more positive manner. How?

Instead of defining the word crisis in English, he uses a Chinese interpretation instead which brings us to the word 'Ngai Kei' 危机. 'Ngai Kei' is actually a combination of two words where 'Ngai'危 means danger, and 'Kei' 机 means opportunity.

Therefore to him, Crisis = "Without the danger, there cannot arise the opportunity".

Instead of worrying about how his net value is dropping today, he is already looking beyond the horizon, planning on how to capitalize the most out of this recession. Afterall, recession is merely a part of a cyclic process in the business world.

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