Being First

Apple users are ordering more iPhones than they need. Not because they need one in each pocket, but because they want to resell the phones for profit.

Android users too are rushing to pre-order the new iPhones 6. Not because they’re switching to Apple, but because they too know that they can turn a profit by reselling these phones.

Recently, my friend told me about how people are offering to buy the new iPhones 6 at a premium over Apple’s prices.

These buyers offer the highest prices for your iPhones 6 on launch day. Then, the offer price decreases with each passing day. How strange it is that the same, exact iPhone 6 is worth a few hundred dollars more than it will be a week later.

When you think about it, it’s crazy that an entire market can not only exist, but thrive, by preying on consumers’ desire to be the first to own something.

I too tried to pre-order the iPhone 6, but to no avail because of problems with my telco’s system.

Hundreds of pages of forum posts have spawned discussing the availability of (or more like the lack of) the new iPhones.

In them, angry customers have rubbished the telco and its staff, and spewed expletives at them.

When you think about it, it’s crazy that we’re losing sleep, losing cool, just because we’re getting the phones a few days later than others.

You don’t become #1 by talking big

Louis Gray, on the chances of companies becoming number one by disparaging their competition:

I never saw Google commercials mocking Yahoo!. I never saw Facebook taking potshots at MySpace. Those throwing stones now should do what the big guys did to get here—focus on their business and do a fantastic job executing on something users really want.

The problem with promoting good performers to managerial roles

Jason Fried on 37signals on why he runs a flat company:

… rewarding high performers with managerial responsibilities… often drives people further away from the job they are actually good at

The classic corporate structure does not encourage people to continue to do things that they’re good at doing. If you’re a teacher in Singapore and if you harbour any thoughts of advancing your pay or career, you’d need to think about teaching less and taking on more responsibilities, such as becoming a subject head, a head of department, or even a principal. Being a very good teacher just won’t cut it.