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The fire on Wall Street is an awesome opportunity not for the heretofore successful business people (although they certainly can play if they want to), but mostly for those already rooted in understanding the substrate of what will power this new century's economy! Just about anyone 40 and under has a shot at becoming a new age mogul in financial services! Those are the people you should direct this blog post's message to. Those are the people you should be encouraging and reaching out to. Those are the people you should be mentoring.
For the young, dynamic, nimble, educated and motivated, the fires of Rome and Wall Street are the clearest signals in modern history which represent incredible once-in-many-lifetimes opportunities to rise up and rule the world, literally on a global scale! This is the dawn of a new era. These nimble ones will come from Eastern Europe (think Skype and Estonia) and Asia (think Singapore and of course the Big Red Machine of China). They will outnumber their peers from the U.S., U.K., Western Europe, its the Law of Large Numbers. Yet, the opportunity is for everyone globally across the board. How many heretofore dinosaurs do you know of who are motivated to educate themselves, reorient their brains, and have the energy to desire to rule the world like a rebel? Not many, especially if they have kids at home to feed and send to expensive private schools, and they're more worried about preserving whatever they have built up, as the fires burn around them. All you have to do is see what Barack Obama has done. In a country (U.S.) that has been a laggard to adopt SMS text messaging, Obama being a 40-something and smart whiz kid himself, he figured out how to organize his primary campaign by leveraging SMS to reach a younger crowd that clearly put him over the edge and whacked Hilary Clinton and the Clinton hubris. Don't forget, Hilary self declared before the Iowa primary that she was going to easily win the Dem primary and that it would be over with by Super Tuesday. 60-year-old Hillary must not know what the acronym SMS mean! She wasn't using her noggin like Barack because her noggin is not rooted in the Information Age. Surely Hillary, from a political standpoint, has "heretofore success" to some degree, true? How many Clintons are there in the financial services?
What the world is going through, particularly the U.S., is "slash and burn" except that I doubt it is intentional. This is why younger motivated people should be orgasmic about what is taking place. This is a case of unintended slash and burn !!!!!! Lehman is gone. They were a 158 year old company. That is 1.5 centuries old and they are gone gone goners! This type of slash and burn, unintended as it may be, might come around only once a few centuries or perhaps once every thousand years (how long did the Roman Empire last?)
As Al Pacino in Scent of a Woman would say, "HU HAAAAAAAA"!
That said, generalizations are just that, and I know that there are a significant number of very clever people that were they to open their minds to this new paradigm would be able to make the shift and due to their 'station' and experience might be able to accelerate the transition, both to their personal advantage and to the general good. I share your suspicion that these people (who can overcome "panic, ego and self-image") will probably be rare, but I figure it doesn't hurt to try. And in trying to engage the skeptics (cynics?) if nothing else it forces one to hone and strengthen one's arguments and worldview. Preaching to the converted is easier of course, but where is the fun in that!
In any event, thanks for the great comment.