Never, Never, Never Give Up – The Story Of Harland Sanders


wealthymatters.comHarland Sanders, better known as Colonel Sanders had a hard life and failed many times. His father died when he was five years old. His mother had to find any work she could, so she worked in a tomato-canning factory. Harland dropped out of school when he was 12.

Harland had many jobs, including: steamboat pilot, railroad fireman, insurance salesman, and farmer. His marriage failed; his wife left him when he lost a job. But he did not give up on life. He started a service station in which he cooked chicken dishes, country ham and steaks for the customers at the gas station and people liked the food so well that he started a restaurant. The restaurant did well for a long time. Read more of this post

Capri For Aristocrats


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Hotel Continental, Hotel Métropole, Hotel Palatium , now JK Capri….

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Get Cracking-Start Now!


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Go Get A Life – You’ll Make More Money


wealthymatters,comHere is one more small piece from Alok Kejriwal:

“If you go for a live music concert or a dance performance at the NCPA (National Center of Performing Arts) in Mumbai or listen to an Opera at the Jamshed Bhabha auditorium next door, you will marvel at the massive contribution the Tatas have made to the Art scene in India.

Given this background, if I were an Austrian CEO who can run a steel plant as efficiently as I can play the Oboe, I will be far more motivated to join the Tatas as the CEO of TISCO rather than become the CEO of some Industrial House in India whose CEO cannot understand if the Oboe is a wind instrument or a Shoe.

Life and business is being cultivated way beyond the dusty corridors of factories and sheds. I wish that all wannabe entrepreneurs and inheritors of family businesses understand this early on!”

Bonding and networking often takes place outside of business hours and business places.It is good if business and/or investing is your major interest but allow other parts of your personality a chance to develop.Cultivate your interests in the arts,sports,hobbies & leisure activities,government and politics,social service,philanthropy etc.Aside from helping you meet other like minded people you are bound to become a lot more creative because of these diverse influences.

Remember all work and no play makes Jack/Jill a very dull person indeed!

The Dangers Of Ossification


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In the story below Alok Kejriwal narrates what happens to a family business when it is ruled with an iron fist by the older generation which gives younger family members and outside professionals no opportunity to air new ideas.

Experience is good.And everything new is not necessarily good.Professional managers are not automatically better than family talent.It doesn’t pay to cast aside the old tried and tested methods without thought.However,nothing good comes out of eschewing new ways altogether.Taking a risk on something new,when the older way has been very successful,is hard.But regularly experimenting with new ways in a controlled manner and adopting them if they are good, is a must to stay competitive. Read more of this post