The Secrets Of Success In Business And Life


wealthymatters

Following is a summary of the book:’Secret Millionaires Club-Warren Buffett’s 26 Secrets to Success in the Business of Life’.

1. Don’t be afraid to make mistakes. Try to learn from your mistakes – better yet, learn from the mistakes of others! Even when you make mistakes, keep your eyes ahead – on the future. See your future. Be your future. Try to work together and pool your ideas. Toss out what does not work and focus on what works. Remember, the more you will learn, the more you will earn.

2.Don’t borrow money. Think twice before you either borrow money or loan money to someone – especially a friend. The best way to pay back a debt is to never have one. Friendship gets strained when you squabble over debts.

3.Love what you do. Following your passion is the key to success. Be honest. Deal with integrity. Give your customers a bargain.We all need to work for a living. Work at something you like. Pursue your dreams. Be excited and always have a dream.

4.Make time for both work and play. It is important to make the right trade-offs between work and play so live a balanced lifestyle. Study everyday and try to learn something you didn’t know before. Do not try to do too much. Do only those things that are most important to you and keep a balance between work and play. Read more of this post

Destiny And The Right Time


Time And Destiny

Dress Up


Dress Up

Your Responsibility To Yourself


wealthymatters As an entrepreneur and business owner, its your primary responsibility to yourself, to ensure that you do not allow others to steal your talent, time, and expertise.

Sharu Ragnekar’s Gyan


How to learn Management from your wife

Sharu Rangnekar always tells his male management students to learn “How to Handle the Boss” from their wives.

When a man gets married, he is the Boss but within three months, he realizes that he is not the Boss. This is because his wife has managed to handle three things :

1) His insecurity
2) His ego
3) His idiosyncrasies

Here is Rangnekar’s illustration of how a wife goes about doing this:

1) Once while meeting an American friend over lunch, Rangnekar  found  him looking distracted and over-anxious to get back to his job. Rangnekar  asked his friend what was so important about the job that he couldn’t’ slack off for half an hour! The man replied, “See if I botch up this assignment , I’ll get fired and if I lose my job, I’ll lose my wife.”
“How can that be?”argued Rangnekar  , “In India my wife will never leave me even if I want her to!”
“How can you be so sure?” bantered the friend.
“Simple,” replied Rangnekar .”This is a cultural thing. You see, every year my wife keeps a fast like hundreds of other Indian women to ensure that she will have the same husband for seven lifetimes. Now whether we will be together for seven lifetimes is debatable, but the fact that she doesn’t want to lose me in this lifetime makes me secure in the knowledge that she will never leave me!” Read more of this post