Better Than Yesterday
March 15, 2014 Leave a comment
How To Set Up A PayPal Account
March 14, 2014 Leave a comment
Last month I made some of the personal queries on this blog charged.Link.Since then I have had a lot of people writing in to ask me for my bank account details.
Personally,I prefer to be paid via PayPal, as an automated e-mail from them helps me match payments with the payers.So,if you can,please,please,please read the post below and try to set up you own free PayPal account, if you don’t have one already.
If you don’t have a credit/debit card or your bank account can’t be integrated with PayPal etc.etc. as its unfortunately happening with a lot of banks in India and it’s too much of a hassle to use Paypal,please deposit the money in my ICICI sba/c no:041401501858, IFSC:1CIC0000414, BSR: 6390609-6000009, SWIFT:ICICINBBXXX and send me an SMS on (91) 9920527208,with the details of where,when and how you have deposited the money.This is to help me quickly track money as I don’t get SMSs from the bank alerting me to small transactions.Please don’t just deposit the money and sit quietly.I have no way of knowing you are waiting for an answer. Read more of this post
The Sensex And The General Elections
March 14, 2014 Leave a comment
Much has been made of the current rally in the SENSEX,which is generally explained as anticipation of a Modi win.However,compared to the earlier elections in 1999, 2004 and 2009,the rally in 2014 has been much less spectacular,as you can see by following the black line.
Also more volatile markets were seen in both 1999 and 2004- the green and blue lines.
Interestingly,speculators start reacting more sharply in the last couple of weeks before counting gets underway.In 2004.when the markets were seen as anticipating a BJP win, like today,it had already began trending down in the days leading to the vote count.
Predicting the outcome of the elections is itself less than an exact science.So too is predicting the stock market movements.So leave such predictions to the insiders if you wish to safeguard your capital.Or become an insider before you speculate,if you are inclined that way.
Products Of Failure
March 13, 2014 Leave a comment
YouTube is the remains of a failed video dating website; it sold for $1.6 billion.
Instagram is the remains of a failed check-in app; it sold to Facebook for around $1 billion.
Entrepreneurs who fail do pretty well, just so long as each failure is used as a lesson for the future.Failure is a necessary price for success. At Google they have a saying: “Fail fast and iterate.” This is something all entrepreneurs need to do.Business is not only about an idea, but also how to polish an idea, launch it quickly and learn from the market. The best way to know if an idea works is to launch it quickly and see how the market reacts.If you have a work culture where bringing your mistakes to the table every week is a normal thing to do, it feels less like failing and more like learning. Learn to love your failures.
Indian CEO Stats
March 13, 2014 Leave a comment
Just 8% of Indian CEOs are below 40 years. The sweet spot for India Inc is 41-70, but the 31-40 years set is making its presence felt: on an average, this set earns the most, even though it manages lower revenues. This set has aspirations and would like to find corporate positions to express them
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