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Bob Parsons’ Rules

September 17, 2011 Leave a comment

wealthymatters.com

Bob (Robert) Parsons is an American entrepreneur. He is the CEO and founder of The Go Daddy Group, Inc., a family of companies comprising three ICANN-accredited domain name registrars, including flagship registrar GoDaddy.com, reseller registrar Wild West Domains and Blue Razor Domains. Other affiliated companies include Domains by Proxy Inc., a domain privacy company, and Starfield Technologies, the business’s technology development arm.

I came across his 16 Rules for Success in Business and Life in General on his vlog http://www.bobparsons.me

1. Get and stay out of your comfort zone.I believe that not much happens of any significance when we’re in our comfort zone. I hear people say, “But I’m concerned about security.” My response to that is simple: “Security is for cadavers.” Read more of this post

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N.R. Narayana Murthy

September 16, 2011 12 Comments

wealthymatters.com Here is an old interview of Narayana Murthy.I made it a point to read it today to try to understand the man a little better .

Generally I have such an antipathy towards the man that I tend to tune him out.I dislike hearing him talk about merit.While in theory it sounds good to reward the most meritorious the real problem lies in how that merit is to be determined.How is the merit of a chess player to be compared to that of a singer?And BTW is it more meritorious to sing operatic airs or folk songs?And are new /innovative ways better or orthodox ways more meritorious?Its not my case that incompetent people aught to be running the show but too narrow a definition of merit just tends to suppress the innate creative ability of people.And a merit based system can be pretty wasteful of talent and abilities. Read more of this post

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Mark Cuban’s Answers

September 11, 2011 1 Comment

wealthymatters.com I stumbled upon an old interview of Mark Cuban in Forbes Magazine.(The whole interview is available here: http://www.forbes.com/2010/11/03/billionare-mark-cuban-entrepreneur-dallas-mavericks-secrets-self-made-10.html).I found a couple of his answers worth remembering . Here they are: Read more of this post

Filed under Entrepreneurship Tagged with billionaire, cash, cash is king, how to choose a financial adviser, Mark Cuban, postaday2011, RandomBlog2011

Bill Gates Biography

September 11, 2011 Leave a comment

wealthymatters.com This is a documentary I found yesterday while searching for ‘World’s Greatest Money Maker’ . Personally I have never been drawn towards Bill Gates .In fact I’ve been repelled.Or it would be more correct to say that I have found his fans incompatible.I find hyper competitive people irritating.My own way is to compete to win if its absolutely necessary and if the game is truly a zero sum game.For the rest of the time I’m happy as long as I can cruise along on the world’s abundance.I really don’t need to win every scrabble game to feel happy.And speed tests are really not my thing.

Given my antipathy it’s no surprise I have never read Bill’s books.Watching this documentary is the first time I’ve spent studying Bill Gates.So far I just knew of him as a geek.I suppose if I’d ever bothered to think,it would have been obvious that he had to have some financial and strategic skills.But I’m sorry to say I was so put off him I didn’t bother.And it was my loss.I was surprised to find out from the documentary just how good a sales person he was.After watching the movie I can’t say I’m a fan but I can see where his competitiveness,ideas on family and philanthropy etc. come from.I’d recommend the movie on any Sunday afternoon.Here are the links: Read more of this post

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World’s Greatest Money Maker – Warren Buffett.

September 11, 2011 2 Comments

This is a BBC documentary I watched on Saturday on the internet.It was aired in India a few days ago. My friend Avishek Jha saw caught it on TV and was pretty insistent that I watch it.

This BBC documentary seems to have been made a couple of years ago and has probably been aired in the UK ,before being broadcast in India.So my apologies to my UK readers for re posting old stuff.

This documentary focuses more on Warren Buffett, the person,the manager,the entrepreneur and the philanthropist rather than just the investor .I think the movie is worth watching and at least I came out learning a couple of new things about the man.Here are the links to the documentary.Happy Watching!