book review | wealthymatters

……. and the Pursuit of Happiness

January 18, 2012 Leave a comment

wealthymatters.com The Institute of Economic Affairs,UK, has brought out an interesting report recentlycalled ‘……and the Pursuit of Happiness’.You can download your copy from here: http://www.iea.org.uk/publications/research/and-the-pursuit-of-happiness

Following are the excerpts I found particularly interesting:-

‘Contrary to popular perception, new statistical work suggests that happiness is related to income. This relationship holds between countries, within countries and over time. The relationship is robust and also holds at higher levels of income as well as at lower levels of income. This calls into question the assertion that people are on a ‘hedonic treadmill’ that prevents them becoming happier as their income rises beyond a certain level of income.’ Read more of this post

Filed under Theory, Tool Kit Tagged with avoiding poverty, book review, employment, income and happiness, Institute of Economic Affairs UK, marriage, postaday, religious belief, wealth and happiness, Wealthy

Dhirubhaism by A.G Krishnamurthy

September 11, 2011 6 Comments

wealthymatters.com

A G Krishnamurthy ,the author of ‘Dhirubhaism’,is the founder chairman and managing director of Mudra Communications. Dhirubhaism is an attempt by the author share his insights into Dhirubhai Ambani’s management style culled over several interactions with him during their long association.The book lists 15 Dhirubhaisms. The 15 Dhirubhiasms put together bring out the work philosophy of Dhirubhai Ambani and give us a glimpse into the remarkable thinking process and habits of one of India’s most successful entrepreneurs.

The book is a slim 96 page volume and an easy read.The isms may not be unique to Dhirubhaiji .Many people display some of the traits , in their working styles as well, but Dhirubhai was one of those rare people who demonstrated all of them, all the time.To really benefit from the book,the really important thing is not so much to read the book as to practice the Dhirubhaisms on a daily basis till they become second nature.I’ve been trying to do so for a while.I can’t say the isms have become second nature but I am now at the stage where every time I slip up I know almost immediately that I’ve slipped up.

Do read the book In the meantime here is something about the 15 Dhirubhaisms:- Read more of this post

Filed under Entrepreneurship, Theory Tagged with A.G Krishnamurthy, book review, demand supply, Dhirubhai Ambani, Dhirubhaism, Entrepreneurship, Mudra Communications, postaday2011, RandomBlog2011, Reliance, silent benefactor - philanthropy, Vimal

21 Success Secrets of Self-Made Millionaires

July 30, 2011 5 Comments

wealthymatters.com Brian Tracy cites a startling statistic:By age 65, out of 100 people, 1 will be wealthy, 4 will be financially independent, 15 will have some savings set aside and the other 80 will be flat broke, busted and dependent on others for survivals.

Brian Tracy believes that cultivating the following list of habits will automatically make a person wealthy in time. Practicing these habits, Brian personally went from an income of $12,000 to over $150,000 a year in a very short time and then on to several million dollars. Here is more about the man: http://en.wikipedia.org/wiki/Brian_Tracy

Robert T. Kiyosaki

July 22, 2011 1 Comment

wealthymatters.com

If being wealthy is important and you are on the look out for reading material to help you make money, sooner rather than later you are bound to come across books of the Rich Dad Poor Dad series authored/co-authored by Robert Kiyosaki and his associates.

Robert Kiyosaki,his books and educational materials are pretty controversial.He has his fans and his trenchant critics.

How To Win Friends And Influence People – Dale Carnegie

July 19, 2011 3 Comments

wealthymatters.com This book was required reading in class XII.At the time I didn’t pay too much attention to it.I was way too focused on improving my PCMB scores .Today I’d say it’s worth at least one read and deliberate practise of the techniques suggested in it.Business is after all all about getting people to do as you want and having friends always makes getting ahead easy.