Friday Reflections

You Can Win It in the Late Innings If You Don’t Quit - Robert Forster

 

Points to Ponder: I don’t care what kind of story you tell yourself, if you know what is truth but do not let that motivate you, you get what you deserve. - Robert Forster

Story Line: Every Life Tells a Story and Every Story has some lessons.

Robert Forster made his Hollywood debut in 1967 movie Reflections in a Golden Eye with two of the greatest; Marlon Brando and Elizabeth Taylor. His performance received praise and what followed was The Stalking Moon with Gregory Peck, and then in 1969, another legendary film Medium Cool. First Five years in Hollywood were thunderous success. But soon after his career hit strong head winds and the age of 30 he was struggling to find movie roles.

"If you deliver excellence right now, that gives you the best shot at the best future you've got coming."- Robert Forster

The next 27 years were an intense struggle. He had to support his four children. In addition to occasional movie roles, he took jobs as a dishwasher, a waiter and railroad worker. In an interview for AARP magazine last October he said: Any job can be raised to the level of an art form, I don’t care what it is. I used to hate washing dishes. I got so good at it now I tell hostesses, ‘Listen, I’ll wash stemware for you, I never break them.’ I used to hate changing babies, and then I had four. I taught them self-respect and satisfaction. If you’re looking for the good life, these are huge components. And you can get them every day by offering your best effort to whatever it is you’re doing. It’s simple."

Who knows at which precise moment your fortune can change?  For those 27 years, every morning Robert used to go to a coffee shop right across from where he lived. One day Quentin Tarantino, Director and Screenplay writer of highly acclaimed film Pulp Fiction walked into the restaurant. Quentin was a fan of Robert since he was a kid. They chatted for a while and the next time Quentin walked in, he offered him a role in his upcoming movie Jackie Brown. Robert was thrilled and for the role of Max Cherry, he received Oscar nomination. That reignited his career. Since then Robert has been in 70 movies and 37 TV shows; and 46 major roles since turning 70. “You put in enough years and every once in a while something terrific comes along,” said Foster in AARP interview “You’ve got to keep sluggin’ until that happens.”

 Everything teaches you something. The job of real life is the job of caring for others. Everything you do in life is superfluous compared to that" - Robert Forster

About 25 years ago Robert started a program called 'Interacting' to share the lessons he had learnt from hard times. Initially it was for actors but through the years the scope expanded to people from all walks of life. Until his last days, he continued to encourage, motivate and help people for free by telling the stories from his life. As he used to say” The Truth is Free. It is BS that costs a lot of money.”

Robert gave his best for any role he played. However, one line from him will stay with me forever: First time I ever played a bad guy. I didn’t want to do it. I got stuck in bad guys for 13 years after that.

Forster once said that when his career was at its lowest ebb, he had what he called an "epiphany." "It was the simple one," he said, "when you realize, 'You know what? You're not dead yet, Bob. You can win it in the late innings. You've still got the late innings, but you can't quit. Never quit.'"

Reflection: Robert left this earth last Friday (October 11), the same day his latest ‘El Camino: A Breaking Bad Movie’ was released. Robert was a genuinely kind, humble, caring soul. Through his many roles in movies and in life, he helped, mentored and inspired many people. He will always live in the hearts he left behind.

“To know even one life has breathed easier because you have lived-This is to have succeeded.”

 

Special Thanks to Brian Landberg for sending Best Story Ever video.

In a gentle way, you can shake the world.

Points to Ponder: Earth provides enough to satisfy every man’s needs, but not every man’s greed. - Mahatma Gandhi

Story Line: Timeless teachings from Gandhi on his 150th Birth Anniversary (October 2)

I look only to the good qualities of men. Not being faultless myself, I won’t presume to probe into the fault of others.

Happiness is when what you think, what you say, and what you do are in harmony.

You must not lose faith in humanity. Humanity is like an ocean; if a few drops of the ocean are dirty, the ocean does not become dirty.

Nobody can hurt me without my permission.

You may never know what results come of your actions, but if you do nothing, there will be no results.

To give pleasure to a single heart by a single act is better than a thousand heads bowing in prayer.

If I have the belief that I can do it, I shall surely acquire the capacity to do it even if I may not have it at the beginning.

My religion is based on truth and non-violence. Truth is my God. Non Violence is the means of realising Him.

There is a higher court than courts of justice and that is the court of conscience. It supersedes all other courts.

“When I despair, I remember that all through history the way of truth and love have always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. Think of it--always.”

Reflection: Hate the sin, love (forgive) the sinner.

During Noakhali religious riots in 1946, Gandhi started fasting until death unless the people stopped killing one another. The People from different rioting parties approached Gandhi to promise they would stop and asked him to eat. The real event from that time is shown very well in the movie Gandhi by Sir Richard Attenborough.

Gandhi suggests A Way Out of Hell for the man who had killed a young boy from the opposing side.

“Generations to come will scarce believe that such a one as this ever in flesh and blood walked upon this earth.” ― Albert Einstein.

 

 

Happy Birthday to “Oracle of Omaha”- Warren Buffett at 89

Points to Ponder: “When you get to my age you’ll really measure your success in life by how many of the people you want to have love you actually do love you.”

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

Story Line: Warren Buffett, an extra ordinary human being who has given away most of his $88 billion in wealth to Bill Gates Foundation, turns 89 today. With his profound wisdom, practical experience and the great sense of humor, he has continued to inspire us. Below, Warren's views about political and socio-economic system that he shared in Q&A with University of Maryland MBA students.

How has your understanding of markets contributed towards your political views?

WB: I wouldn’t say knowledge of markets has. My political views were formed by this process.  Just imagine that it is 24 hours before you are born. A genie comes and says to you in the womb, “You look like an extraordinarily responsible, intelligent, potential human being. Going to emerge in 24 hours and it is an enormous responsibility I am going to assign to you – determination of the political, economic and social system into which you are going to emerge. You set the rules, any political system, democracy, parliamentary, anything you wish, can set the economic structure, communistic, capitalistic, set anything in motion and I guarantee you that when you emerge this world will exist for you, your children and grandchildren.

What’s the catch? One catch – just before you emerge you have to go through a huge bucket with 7 billion slips, one for each human. Dip your hand in and that is what you get – you could be born intelligent or not intelligent, born healthy or disabled, born black or white, born in the US or in Bangladesh, etc. You have no idea which slip you will get. Not knowing which slip you are going to get, how would you design the world? Do you want men to push around females? It’s a 50/50 chance you get female.

If you think about the political world, you want a system that gets what people want. You want more and more output because you’ll have more wealth to share around. The US is a great system, turns out $50,000 GDP per capita, 6 times the amount when I was born in just one lifetime. But not knowing what slip you get, you want a system that once it produces output, you don’t want anyone to be left behind. You want to incentivize the top performers, don’t want equality in results, but do want something that those who get the bad tickets still have a decent life. You also don’t want fear in people’s minds – fear of lack of money in old age, fear of cost of health care.  I call this the “Ovarian Lottery”. My sisters didn’t get the same ticket. Expectations for them were that they would marry well, or if they work, would work as a nurse, teacher, etc. If you are designing the world knowing 50/50 male or female, you don’t want this type of world for women – you could get female. Design your world this way; this should be your philosophy.

I look at Forbes 400, look at their figures and see how it’s gone up in the last 30 years. Americans at the bottom are also improving, and that is great, but we don’t want that degree of inequality. Only governments can correct that. Right way to look at it is the standpoint of how you would view the world if you didn’t know who you would be. If you’re not willing to gamble with your slip out of 100 random slips, you are lucky! The top 1% of 7 billion people. Everyone is wired differently. You can’t say you do everything yourself. We all have teachers, and people before us who led us to where we are. We can’t let people fall too far behind. You all definitely got good slips.

You are one of the few male CEO’s who champions women in the workplace. Can you talk about your reasoning and how we can contribute our intelligence to the workplace?

WB:  We wrote the Declaration of Independence in 1776 – “All men are created equal” etc. In 1789 we wrote a Constitution – on second thoughts… blacks are only 3/5 of a person. They slipped up. They wrote in such a way that they didn’t have to use gender pronouns. They gave themselves away in presidency, they said “He”. Pretty soon all men are created equal became all males are created equal……….…………..

Everyone had expectations of me as a child, but my sisters who were just as smart, were delegated to something different. Here is this country, think about how far we came from using half our talent. Now we are beginning to unleash the potential of the other half.

Notes of the all Q&A are in the following link:

https://blogs.rhsmith.umd.edu/davidkass/uncategorized/warren-buffetts-meeting-with-university-of-maryland-mbams-students-november-15-2013/

Reflection:  A man’s true wealth hereafter is the good he has done for his fellowmen.  Mahatma Gandhi

For those yearning for more Golden Nuggets of Wisdom from Warren ……see following articles

https://www.cnbc.com/2019/08/30/warren-buffett-why-you-should-focus-on-your-communication-skills.html

https://fridayreflections.typepad.com/weblog/2014/02/warren-buffetts-magnificent-seven-.html

Leadership and Mental Toughness

Point to Ponder: Mental toughness is also the perfectly disciplined will and the will, gentlemen, is the character in action. 

Story Line: from the speech of Legendary football coach Vince Lombardi. 

But the most important element in the character make-up of a man who is successful is that of mental toughness, and I might say the most difficult to explain because mental toughness is so many things. For example, it is humility. Simplicity is a form of humility and simplicity is the sign of true greatness. Meekness is a sign of humility, and meekness is a sign of true strength. Mental toughness is spartanism with its qualities of sacrifice and self-denial, also the qualities of dedication and fearlessness and love. Not the love you have for your wife or your wife may have for you. The love I am speaking of is loyalty, which is the greatest of loves. Teamwork, which is a form of love and the love one man, has for another is respecting the dignity of another man. The love I speak of is not detraction. You show me a man who speaks ill of another and I’ll show you a man who is only temporarily successful. Or one who is not charitable. Or one who is not loyal. I’m not advocating that love is the answer to everything, but when I speak about the love which forces everyone to love everyone else. For example, you’ve got to love the white man because he is white or the black man because he is black or the poor man because he is poor, or your enemy because he is your enemy, but rather a love of one human for another human – who just happens to be white or black, rich or poor, enemy or friend, because heart power is your strength, heart-power is the strength of your company, heart-power is the strength of America, and hate-power is the weakness of the world. Mental toughness is also the perfectly disciplined will and the will, gentlemen, is the character in action. The great hope of society has to be character in action and we are never going to create a good society much less a great one until we once more recognize and respect individual excellence. Because if we would create something we must be something, because character is the direct result of doing. Character is the direct result of mental attitude and you cannot copy someone else’s particular character qualifications but must develop your own according to your own particular personality.

Let me say this in closing. When all is said and done – to be successful a man must exert an effective influence upon his brothers and upon his associates and the degree in which he accomplishes this depends upon the personality of the man. The incandescence of which he is capable, The flame of the fire that burns inside him, The magnetism which draws the hearts of other men to him. No man, no matter how great he may be, can long continue to be successful unless he wins the battles because the battle decides all. How you do this, I think it is essential to understand that conquests are won primarily in the hearts of men and once you have won their hearts, they’ll follow you anywhere. Man will respond to this type of leadership in a most remarkable way. Success is based on a spiritual quality; a power to inspire others, sometimes for good, sometimes for evil, sometimes for one’s personal ends, sometimes it can be partially or wholly evil. When it is evil, fortunately, while it may temporarily succeed, it always keeps within itself the seeds of it’s own destruction. The difference between a successful man and others is not a lack of strength, not a lack of knowledge, but rather a lack of will because the character rather then education is man’s greatest need and man’s greatest safeguard because the character is higher than the intellect. The difference between men is in energy, in the strong will, in a singleness of purpose, and an invincible determination. But the great difference is in sacrifice, in self-denial, in love and loyalty, in fearlessness and in humility, in the pursuit of excellence and in the perfectly disciplined will, because this is not only the difference between men, this is the difference between great and little men.

The entire speech can be found at

http://www.daytonagonisclub.com/vince-lombardi-agonis-speech.html

Reflection: January 1976 was my first exposure to Superbowl championship game. When Pittsburg Steelers were being given the trophy, the announcement said Vince Lombardi trophy. My curiosity led me to the local library to find out who was Vince Lombardi. I discovered that he was not just a coach but a great human being with high ethics and superb moral character. I have admired his leadership and values and learnt a lot from his life. Below is some information about Vince Lombardi. (Source Wikipedia)

Vincent Lombardi is best known as the head coach of the Green Bay Packers during the 1960s, where he led the team to three straight and five total NFL Championships in seven years, in addition to winning the first two Super Bowls at the conclusion of the 1966 and 1967 NFL seasons.

He never had a losing season as a head coach in the NFL, compiling a regular season winning percentage of 72.8% (96–34–6), and 90% (9–1) in the postseason for an overall record of 105 wins, 35 losses, and 6 ties in the NFL. 

Although Lombardi was noted for his gruff demeanor and "iron discipline", he was far ahead of his time in creating a supportive environment for gay players, and he emphatically challenged existing Jim Crow Laws, and provided leadership to break the color barrier in football. He once said that he "... viewed his players as neither black nor white, but Packer green". 

Lombardi is considered by many to be the greatest coach in football history, and he is recognized as one of the greatest coaches and leaders in the history of all American sports. The year after his sudden death from cancer in 1970, he was enshrined in the Pro Football Hall of Fame, and the NFL Super Bowl trophy was named in his honor.  

 

 

How good is your title?

"My job title not only represents the scope of my assignment but most importantly it represents the enormous obligation I have to deliver great value to my stakeholders."
   - Joe Z, my fourth boss, who went to become a very successful and respected executive

 

Storyline:

How good is your title? Well it depends on what you do, as Joe said in the above quote.  What happens when the focus on your title becomes more important than the focus on the value you create?  Consider the following true story:

One Friday afternoon in the late 1970s, we were having a birthday celebration and some cake with our director, "SD". SD asked Ken and I, two recent college graduates, to join him in his office for a chat. He lit a cigar and started telling us different events from his life with every puff of smoke he took. In those days, there were no smoking regulations, and as new hires, we had no choice but to endure a lot of smoke!

He (SD) was 28 years old (puff), had a Ph.D. from a prestigious university by the time he was 24 (puff), he had already become a director at the age of 27 (puff), repeated thrice that he was a director (puff, puff, puff), had a house on the hills (puff, puff) and land in an affluent area ...

Just at that moment, his phone rang. It seemed to be from his boss. As soon as he hung up the phone, he told us "My boss (the General Manager) is calling an emergency meeting. I need to go."

As he was leaving his office door, he looked at us with a smirk and said, "You guys are lucky. You don't have Friday afternoon emergency meetings at your level."

That was the last time we saw SD. On Monday morning, we were summoned to our own emergency meeting by the General Manager and introduced to our new director.

Reflection:  As our meeting with the GM ended and we were leaving the room, Ken and I had learned one of the most important lessons at an early stage of our career: your title is as good as one phone call from the boss.  What matters is the value you deliver to stakeholders.

Every Life Tells a Story

As we end the 34th year of Friday Reflection and 14th year on internet.

Points to Ponder: Childhood Memories

I never had any friends later on like the ones I had when I was twelve. Jesus, does anyone?  - Quote from the movie "Stand By Me" by Stephen King

 

My dad taught me from my youngest childhood memories through these connections with Aboriginal and tribal people that you must always protect people's sacred status, regardless of the past. - Steve Irwin

Reflection: by Analisa  (written in the year 2007)

Friday Reflections began when I was a little girl growing up in the heart of Silicon Valley. Every Friday, after dinner; my father, mother, brother and I would pile into our beat up, light yellow, 1983 Volvo to go for our weekly rides. During these rides, which would last about an hour, my father would regale us with all sorts of intriguing stories. Always, there was a little touch of humor, but there was also something a little more: a lesson to be learned. The stories were almost always from his childhood or his current life in the high tech world. My father told these stories in such a casual way that my brother and I never felt like we were in school being lectured; we just enjoyed listening to stories.

These drives continued for years and years. No matter how long my father had worked through the week, he always had enough energy to take us out on those magical Friday night rides. My father is a great storyteller. Even to this day, he can tell a story with people so intrigued from beginning to end. We loved those stories and thought he was a fun dad.

Time passed till my brother and I reached our teenage years. The time we spent at home grew less; and the ability to get all four of us together on a Friday night, even any night, was nearly impossible. Eventually, my brother and I left for college and the stories stopped completely. We had started our own journeys into the world.

One Friday night, before I headed out the door with some friends, I logged into my email account. An email awaited in my inbox. It read: Friday Reflections. It was from my father. I opened it up; and there was one of his stories told in an email, just as if I were a little girl again sitting in the backseat of a 1983 light yellow Volvo listening intently to her dad.

By 2004, Friday Reflections was being distributed to hundreds of friends over the world. In 2007, my brother Rajiv, our friend Neil, and I embarked on making these stories available to others through World Wide Web and The Book.

We only hope you enjoy reading these stories as much as my brother, I and many friends have through the years. 

Story Line by Anand: On a few occasions I have been asked how I have so many stories to share. Once two colleagues asked that very same thing. Interestingly in a half an hour conversation with them, they had shared a few stories of their own that could be Friday Reflection entries of their own. I pointed this idea out to them. I enjoy reflecting after a satisfactory encounter with any person, place or new learning experience. Almost every day I get a new story from meeting people, reading or witnessing something or with a new experience. My greatest joy is in being able to recall these experience and share them with others.  Every life has a story. Don’t be afraid to share! Because as I have quoted many times before, “Things that are given away are never lost.”

 

 

 

If You Want To Be Happy, Be

Point to Ponder: The happiest people....

don't have the best of everything,

they just make the best of everything.

Reflection: It is not how much we have, but how much we enjoy, that makes happiness- Charles Spurgeon  

One Person's Trash Is Another's Treasure

One Person's Trash

What does it take to take your idea/company of the ground?

Points to Ponder:

“The secret of success is constancy of purpose.” Benjamin Disraeli

Story Line: One childhood habit (fascination) that I have not been able to get rid of is to watch planes take off and fly. Even after all these years of growing up, I still go to San Francisco Airport a few times a month and spend couple of hours watching planes take off and land. 

What makes this magnificent creation of human mind and efforts; weighing more than half a million pounds (ex. 777, 747); soaring at 35000 feet; and traveling over 7000 miles without stopping; to take hundreds of passengers safely to their destination? 

Based on Aerodynamics, four forces are constantly at works to enable a plane to fly: Thrust, generated by engines and propellers, is responsible for forward motion of the plane. Drag, created by air resistance, slows down the forward motion. Thrust has to be greater than Drag for a plane to move forward. This is enabled through right powered engines and streamlined design. The third force is Weight, a gravitational force responsible for downward motion. And the final force is Lift, created by a balancing force of wind beneath the wings, which counters weight and pushes plane upwards. And most of the planes need one more and very important force, a human one: A Pilot.

So what do all these have to do with your idea or a company? This is where Human dynamics comes into play. You are the Pilot (inventor or entrepreneur) who needs to convert your idea (dream) into reality (destination). You are the pilot (employee, manager or a leader) who constantly needs to create more value for your stakeholders (investors, employees, customers and suppliers). You have to have the strong Thrust (Belief in your vision, Passion, Courage to move forward) to overcome the Drag (Ney Sayers, Roadblocks). You have to have the Lift (Willpower, efficient organization design) to rise above the Weight (Bureaucracy, Resource Constraints). You have to create a flight path (charter a course) and put your ideas/projects in motion.

How many planes return to terminal after the boarding gates close? How many times, or did you ever, hear about a pilot giving up once the plane reaches V speed of 150-180 miles/hour? Once you put your idea/project in motion, it reaches a takeoff point where forces of Lift (Passion) and Thrust (Willpower) overcome the forces of Drag and Weight. Yes, it takes a lot to get a plane off the ground. And there begins your journey to your destination.

But the journey is not over yet. What happens when a plane encounters turbulence or unexpected event? The pilot looks at the monitors (data) and makes necessary adjustments to altitude or flight path. How many instances do you know where a pilot has given up on destination (goal) or start a brand new journey (a program of the month/year) or dropped the plane all together? In such cases, not only that the passengers would not reach their destination; but it would also waste tremendous resources and do a great disservice to your stakeholders. Won’t it?

And what about a situation where the plane is cruising at 35000 feet in a nice weather (project/ organization is functioning well). It is in auto pilot mode (called Empowerment in corporate world). There are real time monitors and indicators constantly flashing. There are bells and whistles to flag abnormalities. Does it mean the pilot can sit back and take it easy? (Delegate his leadership?).

Reflection: Any entrepreneur or a successful leader never takes his eye off the ball. They are constantly monitoring their flight and do make necessary course correction; but they do not give up until they reach their destination.

And guess what? There is an old Airline saying, “A plane makes money only when it is in the air.” Similarly an entrepreneur or a good leader never rests. They are ready to take off to the next destination as soon as new passengers are on board.

Exceptional Employees: Last I heard, we get paid for making things possible

Ability is what you are capable of doing, motivation determines what you do. Attitude determines how well you do it. - Lou Holtz.

Storyline:

Early in my career, one boss gave me sage advice: “Companies hire us to make things possible, not to report why things are not possible”. Throughout my career, I have seen many examples of people who do not stop for the “impossible”. Here is one such story:

You don’t have the right degree.

Many years ago, while looking for a person to manage our business systems, we interviewed a young man who had just graduated with a Bachelor’s degree in business. Knowing fully well that he did not have a degree in Computer Science, as was normally required; we took into account the fact that he was a computer fanatic from the age of eight and displayed tremendous enthusiasm to tackle new challenges. It was a risk, but the interview team felt that it was worth it.

You can’t get onto the corporate roadmap.

During the first month, he noticed that our small group needed some key applications, but was told that it was impossible to get on the corporate group’s roadmap. So he decided to learn programming himself. Instead of going to a full semester course with a fee of $3,600 that others had done, he bought a book for $32 and got started on the basics.

We don’t have the budget.

Then came the second hurdle. We did not have the budget for the server to host our applications. He found out that a local IT department had recently upgraded some systems and had put the old ones in the warehouse. He got one for free. In the process, he made friends with the technician who provided invaluable support, and who was later himself promoted into new roles.

The customers hate dealing with IT.

His customers were used to support groups that measured their success by the number of tools delivered, instead of tracking if it had solved the customer’s real needs. As a refreshing change, he patiently listened to various internal customer/user groups’ needs and then focused on delivering solutions rather than just systems and tools. Customer satisfaction had never been higher.

Starting up a business is the biggest challenge.

When, after 5 years with us, he left to pursue his own venture, the stamp on his exit paper read “Eligible for Re-hire” (as soon as he is available.) I expect these same qualities will help to overcome the next level of obstacles in starting up two businesses destined for success.

Originally Published: July 2007. Repeated because of many readers requests

Update 2019: His business has grown very well with delighted customers and great team of highly motivated employees.

Reflection:

In the words of one my mentors, “The difference between a very successful person and not-so-successful one; between a 5 figure and 7 figure income is not in the technical or content knowledge. It is given that you need that. The key differentiation is in how you carry yourself with respect to attitude, relationships, communication, commitments…

The Best .... in the Planet

Point to Ponder: An Empty Vessel Sounds More – Indian Proverb

Story Line: Whenever I hear or read things like: We are the best company/people/organization in the Planet, some lifetime experiences resurface in my mind. Here are a few:

There was a textile mill (#1 at the time) in the town I grew up. For a while they had huge control on the market place due to their size, resources, connections and a special clothing material and seemed invincible. One of our relatives worked there in sales department. He used to say that his was the best team in the world until someone pointed out that they were the only one with that product at that time and his team didn’t need to do much to sell it. The real test came when the competition came in and economy worsened. The best team in the world, resting on their laurels and indulged in self-admiration, and having done nothing innovative and lacking imagination or real experience fizzled. Eventually with that kind mindset prevalent over the entire mill, they went under and got sold.

There is another story I heard in the later years where the company believed that they had the best manufacturing in the world, “The Best Bar None”, and will not allow outsiders, even the major customers, to go inside their facilities. Over time, they started losing their edge and lost tons of money. A new leader came in. He openly invited a major customer to go inside their factory and found out from them that his company was far behind the world in technology and manufacturing practices. Instead of prevalent mentality of Being the Best in the Universe and avoiding looking outside, he spent months in learning the best practices around the world. Upon return, he opened the closed minds and the company recovered and thrived.

Reflection: My father used to say: In good times you don’t have to do much to do sell anything or get a job in a good company. The real test of a person comes in during the bad times. Can you increase your sales during real bad times, can you find a job with a good company during worst of times?
The people and organizations who are humble, not resting on their laurels and constantly innovating make it through tough times and come out strong. Whereas the ones who are intoxicated with the arrogance and false sense of pride find out soon that they did not have any tangible value to offer (except EGO (if it is considered tangible value) either inside or outside; and panic and eventually perish.

So Be Humble, Be Open, Be Part of this World and Keep focus on being better than what you used to be. You will go a long way.