What do a New Ventures Development class and dealing with a London estate agent have in common? On the surface, not a lot. In my head however, everything. On the way back from last night’s NVD class, I went all philosophical about underestimation and optimism. I believe the big drivers of people are love and fear. But last night got me thinking about underestimating. The more I think about it, the more I think it’s a powerful force in this world. Think about it, when was the last time you underestimated the cost, time, or effort of a task? If people knew how much effort a marriage is, most of them might not get married. If you knew exactly how much effort and trouble starting up a new business is, there wouldn’t be a lot of start-ups (that is where the NVD class comes into this whole story, we got the lecture last night about all the things that can and will go wrong when starting up a new business). In essence, this goes for life too. If you knew exactly how much s**t would happen to you over a lifetime, we would all kill ourselves instantly, on the spot. But we don’t. Because like not knowing what really makes us happy (see research here) I am convinced people underestimate how much they underestimate and we forget about bad things and underestimate the effort, money or time something will take the next time we do it. And of course there are the good things in life that make it all worthwile
I have underestimated a lot of things in the past 2 years. How little time it would take to apply for an MBA. How easy it would be to find a rockin’ internship (I’m talking wonderful, knock-me-off-my-socks, not just any old internship, it was relatively easy finding one of those). How much money I would need for my MBA. How easy it is to deal with estate agents in London (don’t get me started). But somehow I’ve forgotten most of the hard bits, and remember the good things. So I’m looking forward to my knock-me-off-my-socks fulltime job search and moving into a new place later on this week. And underestimating how much I’m underestimating both tasks
/end of philosophical babble
One more box ticked off today: I’ve sorted out my Brand Management take home final. I actually liked doing the exam, it was an interesting exercise in what-would-you-do-if-you-were-the-brandmanager-for-this product. I remember another prof saying that the exam is the last opportunity he has to teach you something and in this case it worked.