Management Mantras

WebeServe a solution for Website promoters

2010-04-27T10:42:00.000-07:00

Some days back I came across one wonderful web portal named webeserve, I am working on SEO and also learning traffic generation methods to increase traffic on my clients' websites. So I was searching for various methods and I found webeserve. I gone through the web application and realized that it can be a total solution for Website promoters. This innovative web portal is a combination of freelancer service and search engine optimizations techniques.

Once you have a good website and good products then next step is traffic generation and search engine optimization is one of the major reasons for traffic generation. Now to generate traffic and SEO are the big things for any online business, one may have fantastic website and products but without quality traffic it makes absolutely no sense. So in such cases what normally companies do is to hire one company or one person only for SEO. Now SEO never happens over night by one person but if many people across the world do work related for SEO for that particular online business then very soon quality traffic generation can become reality.

To be successful in online business one should go for WebeServe.com, this is very well designed web portal for Search Engine Optimization. It has win-win approach for both advertisers and freelancers. Advertisers are people who want to implement SEO for their online business. Such advertisers create SEO campaigns, each such campaign is consists of many small-small tasks. Freelancers are people across the internet that provide service to these advertisers, they finishes each small task and help advertiser to finish SEO campaign. Here main advantage for advertisers is from various locations of world their online business get reference, which means many people from various locations make an attempt to generate traffic. Also advertisers’ money is paid only to freelancers who finish tasks. For freelancers who finish task get paid. This model ensures the amount paid is worth the work done for advertisers and freelancers get paid for every service they provide. User Interface of webeserve is very user friendly and easy to understand

This is the unique web portal I find who actually helps both advertisers and freelancers. Big advantages here advertisers are aware about the campaigns and they can decides the campaigns. Freelancers are able to choose the kind of work they want to do and take responsibility to finish it in time, if freelancers fails then they don’t get any payment. Pay-per-service is the name of program webeserve follows, as name indicates freelancers are paid only for the service they provide.

Check out by yourself.

Be Intelligent, Brave and Wealthy

2010-03-09T19:39:00.000-08:00

Let us be intelligent, brave and wealthy for making our life successful. Let us not be slanderers, deceitful, back-biters and disrespectful. Let us not be deprived of intelligence, so that we can remain happy throughout life and continue worshipping God.

Message: Every man wants to be happy. For that he makes various plans and develops the means for that with his intelligence and capacity. Along with that, the undisputed fact remains that he is not liberated from sorrow. There are such a large number of reasons for causing sorrow that some kind of sorrow will overtake the man, howsoever much careful he may be. Even the highly knowledgeable and wealthy people cannot save themselves from it. In reality there are very many means of comfort in the world, but even men surrounded with such means too remain unhappy. In such a situation, when man is not able to save himself, he should desire that he be mentally prepared to welcome sorrow or unhappiness. In this way he will not be influenced by the intensity of sorrow.

The meaningfulness of our worth and insight is in our becoming calm, serious and brave and overcoming every type of trouble smilingly. We should always remember that when the days of happiness no longer exist, then these unhappy days will also be over quickly. A negative attitude towards life also makes a person unhappy. One must always try to save oneself from it. If a person always goes on thinking about a situation of shortages in life, then also he will

be troubled by unhappiness. He should think that whatever he has received, or whatever he is receiving is because of the endless benevolence of God and is for his happiness only. Most of the sorrows are created by man himself through his ignorance, perverse nature, deceit and selfishness. He Himself has invited his own destruction. This itself is the reason for his pitiable condition. First the man creates such an atmosphere by his bad tendencies and vices that difficulties surround him from all sides. In such a situation his discretion and patience get destroyed and he is not able to find a way out of these troubles. He finds unbearable the advice given to him by others. This type of mental distortion does the work of increasing his sorrow even more.

To be liberated from sorrows, man has to help himself. The consolation from others does not give any particular benefit. All the sorrows of man get destroyed by remaining happy according to the direction given in the holy Gita. If the person can cultivate a habit of laughing and smiling, then his mind becomes steady very quickly and in that way, he can definitely increase his happiness.

‘Sukh dukh ya sansar mein,sub kahu ko hoy,

gyani kaate gyan se, murkh kaate roy’.

This hindi saying means, ‘everyone in this world gets troubles, but the wise person cuts them away with knowledge, but the foolish whiles away his time in crying’. This is the only measure of the meaningfulness of our knowledge.

Effective Training ???

2010-02-26T22:17:00.000-08:00

This post is moved to Management Mantras

Effective Training ???

Sell your self first

2010-02-17T08:04:00.000-08:00

The first thing in business is, you have to sell yourself. And people should trust you. They should feel who ever you are, wherever you are from, you really means what you say. You are sincere and you really will deliver the goods. If you have sold yourself, you will sell the product.

NJ SEO
My Health & Wellness Blog For You

Passion and Entrepreneurship

2010-02-14T05:25:00.000-08:00

This post is moved to Management Mantras

Passion and Entrepreneurship

Goal but No End Result In Mind

2010-02-12T12:06:00.000-08:00

You can't enter into entrepreneurship with an "End Result" in mind alone. You have to enjoy the journey, every step of the way. As they say "Always expect the unexpected and then make the best of whatever comes into way"... And no one is sure about what the next round may hold.

Company's future no doubt depends on the moves that management makes in response to any critical situation. The purpose of keeping Goal is to make moves that will respond to many changes in a way that positively affects the performance of the company. Management must set a goal and then decide the strategy to reach the goal, developing or designing strategy is like playing a game, keeping only goal in mind will not lead anywhere.

Most of the time goal of the management is to achieve sustainable competitive advantage, and based on this goal (or any goal depending on the company to company). Such moves are based on an understanding of the opportunities and threats, strength and weaknesses that exists internally as well as externally. If management keeps end result in mind then its very hard to mold the strategy as per the requirement, there won't be any flexibility in the work environment, which is against the goal.

When management keeps Goal in mind then their moves help businesses compete with the cost and quality of the goods and services they offer. Understanding of external and internal environment helps management to decide the moves for achieving goal. To make winning moves, managers must find profitable patterns and business models that meet customer demands. If we see here, customer demand is most of the time subject to market conditions, so keeping end result in mind will lead management in wrong direction. E,g, Goal of the management can be increasing market capital by 10% but keeping exact end result in mind and then deciding the moves alone can lead the company in totally different direction.

Management strategies are like the chess, in that the goal may be CHECKMATE but achieving it totally depends on opponent's moves. Same is the case with business, no one can tell when there will be a need to fix the strategy on the spot. Skills and experience are required to understand the need to mold the strategy to get work in certain way, this totally depends on an individual, kind of business he/she is in and market condition.

In short keep the Goal in Mind and keep changing the rule to achieve the end result, which can be totally different than thought of in the start. On every moment keep on changing the moves along with the vision of where to go next....

Be Visible As A Leader

2010-01-28T07:09:00.000-08:00

As Peter Drucker said "Leadership is doing the right things", leadership also includes enabling others to do right things. As a team each individual should be able to know, understand thinking of the leader and for that leader has to be visible to the team, to the organization.

It is critical to be visible, as a leader, team needs to see the leader, hear from him/her and mainly understand the thought process. Once leader is approachable team members are very comfortable in working with a team. There has to be transparency in leader's communication and action. The best way to keep 100% open door policy in office, this creates the sense of belonging in employees and management. In tough environment people misinterpret closed doors as a discussion of bad news. Employees also get wrong impressions about the behaviour of management. In tough times leaders might have to take some very tough decisions like asking employees to leave, whom once the leader had chosen and groomed to make efficient. In such times communication by leader to each individual is also important.

Being visible in big organizations is very hard for the top level management, flat structure is not always suitable, in such cases top level leaders should make a point that they will meet up their employees and convey the progress, message, if any upcoming projects etc.

Along with employees, leaders should also be visible to customers; customers should feel that in good as well as bad time leaders & organization as whole thinks about them. When customer get such kind of treatment from junior level employee as well as top level management then in down turn also company is able to survive.

Communication is very critical for a leader, and transparency in communication should be standard practice in organization.

Love at first Sight

2010-01-28T04:33:00.000-08:00

At time in business such situation comes, we fall in love at first sight like in the cartoon and then we fall, as being a business person it is essential to look for all pros and cons otherwise we will be in trouble, wanted to something and ended up with doing something else. Wanted to be very smart and opportunistic can end up with being ugly and disappointed. Be very sure about what you are doing in business, what seems to be very attractive can be very dangerous, just like bubble bust in sub prime loan.

Effective way to reduce cost

2010-01-28T02:43:00.000-08:00

Its a rule of thumb which any leader and manager can be aware of, always consider all possibilities for cost cutting and improvement before going and asking for the suggestions to employees. Now a days "Boss is Always Right" may not hold true. Boss has to be very practical about the cost cutting approaches.

Leader has to be approachable and transparent to employees. Employees should feel that they are part of the team, organization. Each employee should be encouraged to ask questions, give suggestions.

Keep positive Cash Flows

2010-01-27T01:54:00.000-08:00

Ups and downs are part of the business cycle, there are many distractions while achieving the goal. But while achieving business goals say sales figures, increase in capacity, promotions etc, one should not lose focus on cash. If there is no cash then one is up against the wall. While achieving some goals one day management may realize that there is no cash flow or cash is stuck in credit sales. In such cases management will end up raising money at wrong time or will have to walk away from the business. Keeping positive cash flows is very important during crisis as well. If there is down turn in economy then nothing is worth than having positive cash flow.

If there is recession then the product which brings in customers good value for money will only survive. Its better to have products which are quality and able to satisfy customers' needs. Along with this if cash flows are positive and management is able to control inventory and other costs then surviving in recession or any bad time of business becomes more easy.

While doing business, never put all money in export oriented units, it exposes the investments to huge global risks. During global recessions such units are the first one to get affected. To keep cash flow positive, there should be good balance between exports and domestic market to manage the risk. Many times to get more cash or income management keep exposing the risk to foreign markets, forgetting potentials of domestic market. Keeping track of both markets is a good strategy to keep positive cash flow.

Entrepreneurship

2010-01-26T04:28:00.000-08:00

Entrepreneurship is about making difference in individual's as well as others' life. Entrepreneurship is not about making an assets, it is about the emotional energy and aspirations. Its about taking responsibility.

Entrepreneurs never blame the situation, weather, government policies; its neither about blaming situation nor about loosing face for wrong decision. Its about taking action, taking responsibility. "If something is good or bad I am the reason"; this is the attitude of any entrepreneur which actually makes the person strong enough to take rational action. When an entrepreneur accepts that something has gone wrong and I have to take responsibility, I have to take some action, then there is an immediate shift in the approach towards problem, thus problems become challenges for an entrepreneur.

Luck is always there but it is only 50% important, it comes only when one put in efforts, and efforts are being reviewed daily, being ruthlessly honest with oneself about "what I am doing, where I am going...". Most of the people blame the environment, entrepreneurship is having belief that "I Can Change".

Entrepreneurs understand the difference between plan and an aspiration, plan is always short term and aspiration is always long term. Also there is an understanding about intensive and extensive approach, whether one should go more deep into one area? or should be on more broad based? Its the matter of changing one parameter either the product or the client, then one can grow in adjacent markets.

There is always a risk, entrepreneurship is at times a game of probabilities, one has to be sporting... however good one can be, he/she may get out for no reason. Entrepreneurship is not keeping end result in mind but enjoying the journey, each and every step of the path. Always expect the unexpected and then make best out of whatever is there.

"Be Like a Child... And Play! Now for Sure, Whatever is Due to You, Will Be Yours... Sri Sri"

Presentation - Stay Hungry Stay Foolish

2010-01-21T02:50:00.001-08:00

With Continuation of A Book Review Stay Hungry Stay Foolish

Stay Hungry Stay Foolish -

Who The Hell to What The Hell - Going Blameless

2010-01-09T23:44:00.000-08:00

One of the biggest management stick is the 'culprit' technique. This culprit technique is very common and being used in many circles, e.g. schools, politics, social circles. Every time something goes wrong in the organization first thing which comes in our mind it "WHO THE HELL...?", but it is never helps, we need a shift to "WHAT THE HELL...?".

When "WHAT THE HELL...?" comes, we automatically accepts the situation and start looking at it with different point of views. Finding culprit and reacting over it is waste of time. Culprit Hunt is a very natural human reaction, but it is only one of the several and other can be preferred. If we see it more closely, then easy human reactions are many times lousy managerially, managers are always on duty and are not permitted human weaknesses....

Some event happens and some reaction comes, if we go back to the event which caused the reaction, if something has gone wrong then there are several possibilities to consider. It is very dangerous for an organization if the manager doesn't consider all possibilities and stick only to one, he/she should consider other alternative solutions too. There are very few causes which creates problems in organization i.e. Misinterpretation of something, human error may be because of incomplete briefing, error by external party, mechanical failure, mis-communication . To react in better manner, there should be logical approach which can enable us to shift from "WHO THE HELL...?" to "WHAT THE HELL...?". There might be something terribly wrong in organization which needs to be fix as soon as possible. If the manager has approach such from What, How, Why, Where and When; WHO hardly matters in most of the situations.

We are managers and not politicians, we all are in the organization with some goal to achieve, so we should do much better!!! After identifying the problem we can correct it and help to avoid recurrence of same & similar kind of problems. Rather than blaming some one, manager should be able to give constructive inputs to the system and people involved. Neighter any system nor any human is foolproof, but every problem gives chance to eliminate some error, to learn something, it is everyday learning which keeps us moving. Weakness of the management which blames are mis-communication, misinterpretation, omission and overreaction; all of these are harmful for the growth of the organization. The idea is to have perfect staff and perfect system but to reach there errors need to corrected.

Complex gets generated because of blame management, costly and irremediable problems are created, blaming creates un-necessary stress in the staff, uncertainty about job position, sense of insecurity among employees. Ofcourse there are people in the organization who has bad points but they can be sort out with training, compensation, by giving warning and making the employee aware about the seriousness of the problem. When we train people, then there are less chances of committing same kind of mistake again, and which actually helps to develop culture in the organization.

Going blameless is one of the though point for any organization, but if management is wise enough to understand the consequences, then it is very serious issue to think about. It should be embedded in the culture of the organization. The shift should be from "WHO TO WHAT"....

What keeps you Going

2010-01-08T00:00:00.000-08:00

Every one of us has some goal, short-term as well as long-term, so as the companies, organizations. An organization may be the result of strong efforts put by an entrepreneur or manager, it has some direction to grow.

To drive towards goal, we are working on some path, but that path is not 100% right. When we choose some path to execute things in some and the other way some problem pops in, which actually make us understand that, this method is wrong, things you want to do should be done in some other manner. While heading toward the goal, we basically keep on correcting ourselves on daily basis.

We are correcting ourselves and so the organizations by learning, by experience and making small-big corrections and moving forward on the system and coming out with the result which we wanted. The result which we might have thought of might vary, but keeping the goal as bottom line and then heading towards it make it happen, than deciding to make the path.

The sheer value of learning everyday is what keeps you going, keep an organization going....

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Simply Make It Happen

2010-01-06T21:38:00.000-08:00

Many ideas for the business just pops in the mind of every manager or employee, the one who doesn't wait for some one to step forward and support the idea and simply go out in the field and make it happen actually able to make difference.

The best part for any entrepreneurship is to make sure that whatever idea comes, it is executed whether there is someone to support or not.

It is basically an itch every entrepreneur has, and the only solution for it is to go out and work. Work hard to make the idea, the concept work. When the concept it clear, there is no support from anyone, then the challenging environment is something which keep entrepreneurs motivated. That fire of making the concept work make them put real hard work, which then becomes interesting and intensive.

If I feel I am an entrepreneur and have some idea then giving fair efforts to make it work matters. In short don't wait for someone to come and help you, to support your idea. You simply go out and make it happen. When this starts happening things actually starts falling in place for you. Keep the goal on idea and then finding the way make journey more interesting.

Simply Make it happen is very sophisticated way to tell put real hard work to make your idea work, every idea has potential to make difference in some and the other way. So Simple Make it Happen...

Not All About Most Wanted Job.

2010-01-06T21:02:00.000-08:00

This post is moved to Management Mantras

Not All About Most Wanted Job.

Quotes from "Less Is More"

2009-12-30T05:51:00.000-08:00

In the absence of a simple BIG objective to act as a unifying force, no leader or manager can hope to make a company more productive.

-Bill Zollars,CEO, Yellow Corp

The first job leader or manager is to crystallize for people where the business is going and how it's going to get there.

-Ken Iverson, former CEO, Nucor

Men stumble over the truth from time to time, but most pick themselves up and hurry off as if nothing happened.

-Winston Churchill

The only thing that saves us from the bureaucracy is its inefficiency.

-Eugege McCarthy

If you are not fired with enthusiasm, you will be fired with enthusiasm.

-Vince Lombardi

In Japan, employees occasionally work themselves to death. It's called Karoshi. I don't want that to happen to anybody in my department. The trick is to take a break as soon as you see a bright light and hear dead relatives backon.

-Scott Adams, The Dilbert Principal

A wise man makes his own decisions; an ignorant man follows the public opinion.

-Chinese Proverb

Question: Why did the accountants cross the road?

Answer: Because the client told them to.

Things want to flow and people want to flow. Most of the time we're tripped up by our own socks.

-Ed. Constantine, Simpler Consulting

Anything that doesn't add value is waste. Good business managers have an obligation to constantly eliminate it.

-Pat Lancaster, Chairman, Lantech

The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.

-Steel executive Charles M.Schwab

The complex system that does not work is invariably found to have evolved from a simpler system that worked just fine.

-Murphy's law of Computing

Unless a message is consistent with the cluture it will be seen as being false.

- Dr. James Campbell Quick

Management is doing things right; leadership is doing right things.

-Peter Drucker

It is not Magic...

2009-12-30T05:27:00.000-08:00

This post it moved to After All its not Magic

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Some Thing Called DNA!!!

2009-12-29T02:19:00.000-08:00

This post is moved to Management Mantras

Some Thing Called DNA!!!

The Alchemist

2009-12-28T01:06:00.000-08:00

Business and decisions related to Entrepreneurship are more about gut feelings. After learning so many things about entrepreneurship one can easily come to know that, each entrepreneur take some and the other decision on intuitions. In fact decisions taken because of gut feeling eventually turnout to be very good decisions.

"The Alchemist" is all about Dreams, Symbols, Signs and adventures. It is the story of Santiago, the boy who had dream and the courage to follow it. This books has story about Santiago who believe in his dream and manage to find out the treasure which he wanted to.

Though 'The Alchemist" is more like a novel, it can be relate with managerial or entrepreneurial kind of mind set. Book describes the path, various kind of mind set and one saying which is not in a book acutally "If you have dream to achieve something then you have courage to go beyond your horizon to get it, after a time the whole universe will start following your dream and help you to achieve it."

"The Alchemist", is the novel that burst with an optimism, which tells everything is possible as long as you really want it to happen. Its a simplified version of new-age philosophy and mysticism, and the author PAULO COELHO says also "Simple things are the most valuable and only wise people can appreciate them."

Reading this book sure shot adds value in the way one thinks.

In this book, when the Alchemist appears in front of Santiago he says to him "when you really want something to happen, the whole universe conspires so that your wish comes true". It has to be an experience with almost each entrepreneur who wanted to do something and some how (may after waiting enough) things starts following the way he/she wants. When there is a dream to follow and wish to hard work for it, it has to come true. This is the Core Philosophy behind "THE ALCHEMIST", and author explain it in very well. The story is so well written that once we start reading this book there is hardly a chance that we don't get involved in this book.

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Free Website Domain

Being More Transperent

2009-12-27T23:51:00.000-08:00

This post is moved to Management Mantras

Being More Transparent

Less Is More

2009-12-26T02:43:00.000-08:00

"Less Is More" by Jason Jennings, book cover has a tag line "How Great Companies Use Productivity as a COMPETITIVE TOOL in Business". This book is really worth reading. Everyone in Business want to increase productivity- more output and less input, lower cost and higher profits. "Less Is More" is all about how to increase business productivity by keeping lower input cost. This books deals with many companies and how each company managed to earn more profit with less input. The kind of hard work every company put to keep the low input cost, the out-of-the-box thinking of each company are mind blowing.

This book provides the different prospective on productivity than one typically learns in MBA or other such programs. This book simply illustrates the concept "Cut of the Fat" and make company work on simple principals. Author insists with various real life examples of big companies; to reduce cost for the management team, communications, organizational structure, decision making, internal processes, analytics/measurements, education/training, and finance etc. or where ever possible.

"Less Is More" shows that with example of some managers in successful companies who take efforts to implement non traditional (very precisely: unorthodox) approaches towards restructuring their organization, their teams, their processes, production methods to name but few.

"Less Is More" is classically divided into five simple categories and each category has some chapters in it. Very well described. Simple to understand.

First category is 'Focus' which is divided into into two chapters; "A Simple BIG Objective"; which talks about decision made by many manager in companies to keep simple but BIG objective about the Business. This chapter starts with a very brilliant statement made by Bill Zollars, CEO of YELLOW Pages, "In the absence of a simple BIG objective to act as a unifying force, no leader or manager can hope to make company more productive". second chapter is "The Hard work Begins", after getting Simple BIG Objective actual hard work starts and how companies achieved it.

Second category is STREMLINE, this is the beautiful part of the book where actual insides of businesses is described. The part which I liked is WTGBRTDT, "What is The Good Business Reason To Do This?", if every business man or manager ask this question before taking any decision then there is going to be sure shot improvement in productivity of the company. Every manager has insisted in keeping everything simple. Just keep things simple and transparent to be more productive. If manager is like this then employees will start feeling sense of belonging with the company and that is what matters. This part also discuss about Layoffs, continuous improvement, compensation, financial drives etc...

Third category is DIGITIZED and Fourth is MOTIVATE, again the explanation about motivation is too good and it is covered under chapter name keeping everyone on the same Productivity Page.

Fifth category is EMBODY.

Very good book to learn so called MEANINGFUL productivity....!!!

Good Book to Read

To Learn, before you start your business.

To Improve existing business.

To Manage.

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Rich Dad Poor Dad

2009-12-26T00:07:00.000-08:00

Does school prepare children for the real world? "Study hard and get good grades and you will find a high-paying job with great benefits," my parents used to say. Their goal in life was to provide a college education for my older sister and me, so that we would have the greatest chance for success in life.... This is how the "Rich Dad Poor Dad" books starts with.

"Rich Dad Poor Dad" is concentrated mainly on two questions.

What is the difference in the world view and attitude of people who become rich compared to other people?
What things do they do differently to have such different results in their lives?

This is very true, every one work for the happy life, but some of us succeeded in big way to earn money, being more happy and being able to do what they want to do in their life without compromising on living standards. There is a big difference between middle class thinking and rich class thinking about money. In "Rich Dad Poor Dad" this difference of thinking is very well described. Because the author him self has managed to come out of middle class and make his path to live the way he wants, his experiences and learning teaches well in this book.

If somebody wants some thing in life then there are two approaches for looking at it one is "I can't afford it!!!" and second is "How can I afford it?". If there is second approach in life then we start managing our resources in particular way so that we can afford to do what we really want to do...

Robert Kiskoyi author of the book has successfully worked out his experience & learning in this book. In "Rich Dad Poor Dad" it said that typical middle class person lives in "RAT RACE" i.e. every day is same, the whole pattern of life is same through out the journey of life. And some people make their own way. Simple shift in thinking make it work, we just need to look for options. As they say "If you want to get something which you never got, you have to do something which you never did!"

"Rich Dad Poor Dad" is a fascinating story of how Rich Dad taught Robert the lessons he needed to learn to make himself financially Independent. This book speaks about Financial Independence, after reading this book my attitude about money has changed, I got what the meaning of being financially independent? Why financial literacy is important and how it can affect the way you live your life?

"Rich Dad Poor Dad" also has a definition of Asses Vs Liability, which is far more different than conventional accounting. According to Robert and which is actually more appealing in Personal Finance; Asset is that which throws money to you and liability is something which will make your pocket empty. On personal level the Investment done by an Individual starts giving money after some time and liabilities simply takes away your money. We think house is our big Asset actually we are wrong house is the biggest liability, buying house doesn't give us money but creates certain liabilities which takes out money from our pocket on monthly basis. Rich people accumulate assets and non rich people accumulate liabilities things which look like assets are actually liabilities e.g. a car. When we accumulate such things, we are not really accumulating wealth, we are consuming it. Instead of acquiring such LIABILITIES, we should emphasize on regular investments in stocks, bonds, tax lien certificates, rental real estate, and other investments. We also need to learn to build value and get some tax shelter by building our own business.

Author of "Rich Dad Poor Dad" Robert insists on the principle of compound interest and regular saving to achieve financial independence. The problem with this approach is it's a long, patient one. Most people get started too late for it to work.

"Rich Dad Poor Dad" is kind of book which actually opens the mind for new possibilities, new ways to looking at the personal finance, it shakes our mindset about money and actually make us think about new ideas to utilize money. It teaches us to be rich and not to think small and play the game called "RAT RACE" for whole life.

Some people play for not LOSE

And

Some play to win

Choice is yours!!!

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Stay Hungry Stay Foolish

2009-12-25T05:15:00.000-08:00

"Stay Hungry Stay Foolish"

"Stay Hungry Stay Foolish" is One of the Best Book I have ever read on the topic of Entrepreneurship. This book actually gave me inside out of management and the kind of thinking involved by each entrepreneur to handle and solve the problem and tackle the situation. Its not money but it is some internal force to do something different which drives entrepreneurs.

All theory I learned in Management school is okay, but after reading "Stay Hungry Stay Foolish" book I realized that each entrepreneur is different. Though the final result may look same, each one is motivated in different manner by different situations and different kinds of thinking. The only thing which keep entrepreneurs moving is their basic instinct of innovation to keep things rolling. Its more of social traits, "Stay Hungry Stay Foolish" has interviews of 25 IIMA graduates which also shows the kind of work done by Authors "Rashmi Bansal". Each entrepreneur in the book if wanted would have got a good salaried job, but to choose the entrepreneurship path each entrepreneur is motivated with some story or situation or some thirst to do something different.

Before reading this book and getting some experience about doing something by my self, I had notion that entrepreneurship is all about status and money, but its not the case, this book is one of the master piece which proves that entrepreneurship is a Social Construction. Its all about learning, making difference.

Learning from any individual, and situation, learning from Colleagues, family members, clients, regulators, investors, competitors, customers etc...., every time when each entrepreneur faced tough situation or problem, none of them ever had an iota of giving up the business, there was always some force to struggle and making it happen. It mentioned in the book as "You have both ups and downs in Business... You need to have Staying Power..."

I found every entrepreneur in "Stay Hungry Stay Foolish" has same kind of thinking i.e. "I am an entrepreneur because I want to create something. It's not the money that motivates but the size, the kind of work and the kind of impact that work can have on an individual and on society." I also found that every entrepreneur is very down to earth and also aware of his/her social responsibilities, they are not some of the very so called high fundoo people but they are just like a common man with the KIDA of doing something different. And I think that is what matters.

"Stay Hungry Stay Foolish" made me learn not only the management thinking but also to be down to earth same time. One best aspect of "Stay Hungry Stay Foolish" is while doing business; I can learn from all these 25 entrepreneurs from their way of looking at situation, their way of handling business , their passion; and how I can apply it in any situation I come across???

The bottom line which I liked big time is "That's what it all about ultimately- Life, Work, Entrepreneurship;MAKING A DIFFERENCE.

I think this is what I call M.A.D (Make a difference)

Entrepreneurship Matters

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Chanakya quotes - 1

2009-06-11T05:36:00.000-07:00

Chanakya Neeti:
Chanakya quotes (Indian politician, strategist and writer, 350 BC -275 BC )

"A person should not be too honest. Straight trees are cut first and Honest people are screwed first."
" Even if a snake is not poisonous, it should pretend to be venomous."
"The biggest guru-mantra is: Never share your secrets with anybody. ! It will destroy you."
"There is some self-interest behind every friendship. There is no Friendship without self-interests. This is a bitter truth."
"Before you start some work, always ask yourself three questions - Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead."
"As soon as the fear approaches near, attack and destroy it."
"Once you start a working on something, don't be afraid of failure and don't abandon it. people who work sincerely are the happiest."
"The fragrance of flowers spreads only in the direction of the wind. But the goodness of a person spreads in all direction."
"Whore s don't live in company of poor men, citizens never support a weak company and birds don't build nests on a tree that doesn't bear fruits."
"God is not present in idols. Your feelings are your god. The soul is your temple."
"A man is great by deeds, not by birth."
"Never make friends with people who are above or below you in status. Such friendships will never give you any happiness."
"Treat your kid like a darling for the first five years. For the next five years, scold them. By the time they turn sixteen, treat them like a friend. Your grown up children are your best friends."
"Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth."