Magical Thinking

There’s a term that I keep coming across: ‘magical thinking’.

Original articles here:
(i) How to Avoid Delusional Thinking in Start-up Growth Strategy
(ii) Why It’s Better to Have a System Than a Goal

It reaffirms my believe about projections and forecasts- the overly optimistic types. It goes something like, “If we just get 1% share of this RM100 million market”. And all the rosy charts of imaginary profits and growth.

Moral of the story: Get Real!

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