My Dear Daughter (DD)Â is very serious about collecting money. Right now it is for books, but that is not really important. In one of her musings she wrote, “I hope tooth fairy brings me $5, or may be $8, then I could buy the new books in the [her favorite books] series that are coming out soon.”
At first I was proud, “She is saving money for books!”, but a moment later I realized – that’s her plan – a tooth fairy will bring her the money.
My DD is still pretty small, but I am amazed at constantly seeing businesses and executives who are supposed to be running them having basically the same plan, hoping for a tooth fairy. It is not that they could not use the money in a good way, it is just that it is not a plan to works out after the first few years of your life, or your business.
There is no deeper point I expect to make. Nothing about how to get money from tooth fairy you need to have your teeth loosened and pulled, or that the money you get is not even close to covering the co-pay andÂ deductible. There has to be a good metaphor in this somewhere, that’s all.