Entrepreneurship | wealthymatters

Love?What is it?

August 29, 2014 Leave a comment

wealthymatters Love is not any one thing. It means different things to different people. People show love in different ways and people perceive love in different ways. Generally people perceive love easily when it is show in some way they interpret as love and this way is generally the way the person themselves shows love.

When similar types of people get together, love flows smoothly. The challenge is when different types of people are together. Then it takes work. It helps a bit, if people are self aware and have verbal skills to explain what they feel and why and how they are responding. But unfortunately this does not work with people with poor self awareness and verbal skills. They are of the school that love just ought to be, should not be defined, can’t be explained or indeed the very act of defining it, kills it. To them love is spontaneous and love is not a conscious decision. Some even see commitment as an end to love, not the beginning.

The greatest act of love is probably getting to know how other people define love and showing them love in the way they understand it, but its debatable whether anybody can act so contrary to their natural style on an ongoing basis. Read more of this post

Filed under Entrepreneurship Tagged with different types of love, postaday, relationships

Helping 1% Style

August 29, 2014 2 Comments

wealthymatters 1)If you are the 1%, your problems are similar to those like you and that’s a miniscule minority. By focussing on solving the problems of the masses, you have a greater chance of making more money. Hence, the thing about focusing on the market at the bottom of the pyramid.

2)When employees have their own problems, they cannot focus on helping you solve yours. So by helping employees, you ensure that they can focus on their work and help you succeed. Hence, the focus on employee welfare.

3)Making money is hard, keeping money is harder. What if tomorrow you are no longer the 1% and all your 1% friends ignore you, you will need at least one of the 99% to help you. Hence, the focus on helping people of proven loyalty.

4)Invest in people. If 1 out of thousand people you have helped turn the favor one day, it is a great deal. Hence, the focus on supporting the talented, those with special skills and those with prospects.

Helping is resource intensive, so help strategically.

Filed under Entrepreneurship, Theory, Tool Kit Tagged with postaday, strategic helping

Listen With Two Ears

August 29, 2014 Leave a comment

wealthymatters

The 1% use education and media to control the 99%.

When I was small, my mother told me to listen with 2 ears. Let things come in one and go out the other. Don’t believe everything you hear. DON’T TRUST ANYONE.

Always ask questions. Even if you agree with something, try to look from the other side. If you disagree with something, do the same. Don’t just listen, think critically.

It is hard. Very hard. You will get the messages for the 99% and have to decode them. You don’t want to believe what the 1% want you to believe.

– CamMi Pham

Filed under Entrepreneurship, Theory, Tool Kit Tagged with independent thinking, postaday

Go Sleep!

August 28, 2014 3 Comments

wealthymatters My big idea is a very, very small idea that can unlock billions of big ideas that are at the moment dormant inside us. And my little idea that will do that is sleep.

I learned the hard way, the value of sleep. Two-and-a-half years ago, I fainted from exhaustion. I hit my head on my desk. I broke my cheekbone, I got five stitches on my right eye. And I began the journey of rediscovering the value of sleep. And in the course of that, I studied, I met with medical doctors, scientists, and I’m here to tell you that the way to a more productive, more inspired, more joyful life is getting enough sleep.

And we women are going to lead the way in this new revolution, this new feminist issue. We are literally going to sleep our way to the top, literally.

Because unfortunately for men, sleep deprivation has become a virility symbol. I was recently having dinner with a guy who bragged that he had only gotten four hours sleep the night before. And I felt like saying to him — but I didn’t say it — I felt like saying, “You know what? If you had gotten five, this dinner would have been a lot more interesting.” Read more of this post

Filed under Entrepreneurship, Theory, Tool Kit Tagged with Arianna Huffington, postaday, sleep, sleep to be more productive

Nirmal Singh Bhangoo And PACL

August 27, 2014 2 Comments

wealthymatters In just over 30 years, Nirmal Singh Bhangoo, the man behind Pearls Agrotech Corporation (PACL), which has been asked to return Rs 49,000 crore to its investors by Sebi by November this year, has metamorphosed from a milk seller near the Attari border in Punjab to the owner of 1.83 lakh acres of land around the country.

Bhangoo’s story is similar to that of Sahara group’s Subrata Roy. Both run business empires whose functioning is opaque. They rub shoulders with politicians and filmstars; have real estate projects and own hotels and make no bones about their wealth. Roy has hotels in New York and London. Bhangoo has bought a hotel in Australia’s Gold Coast and has built hundreds of homes in Brisbane.

Both have interests in sports -PACL has sponsored IPL teams and Kabaddi tournaments, while Roy sponsored the Indian cricket team and owned an F1 team and the Pune team in the IPL.Both run news channels and their businesses are in the hands of a few trusted men, mainly family members.

The Sahara chairman is currently behind bars, and has been asked to return Rs 24,000 crore (now Rs 37,000 crore with interest) to investors. In the coming months and years, PACL’s promoters may face a legal battle to avoid a similar fate.

Bhangoo has battled the stock market watchdog’s jurisdiction for 16 years while building a conglomerate of considerable size. The crux of Sebi’s case is that PACL is a collective investment scheme (CIS) that ought to be shut down. Read more of this post