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Showing posts from May, 2014

Malleability

In my last post I wrote about how people are different and how I learned to just accept that fact. However, that doesn't mean that I am not fascinated by the differences in people. I am most certainly. It amuses me why people do what they do, why they think what they think and why they are the way they are. I guess a lot of it is their culture, upbringing. But also there is a big genetic portion - we are born this way. It is the usual nature vs nurture debate and I think the consensus is that both play a significant role. Also what I have realized (not sure if there is some research on this..) is that some brains are more malleable than others. So something in some people gives them more of an ability to change. A lot of it has to do with the desire to change, however the ability to change is equally important and I believe this ability is genetic i.e. you can't obtain it. So people who have a malleable brain and also the desire to change have the best chance of changing (not ...

People

One of the better business books I have read is "Good to Great". Excellent read for anyone, not just entrepreneurs. The key message in the book that I understood was that the most important thing that will make a company stand out and be extra ordinary is the people. It sounds like common sense but you will be surprised as to how many businesses out there forget this cardinal rule. The right kind of people at the right places will get things done and nothing else can replace that. No amount of training, education can substitute having the right person at the right job. There was a time when I used to try to understand the world, specifically other people, through my lens. If someone did something which I did not agree with, or which I found extremely repulsive, I would beat myself over how could that person do that? Why can't he or she think like I do? I mean, its so simple but why can't they see it..etc.etc. You get what I mean. Thank god I got over that phase. No...

Business, Risk and covering the downside

I am an entrepreneur. I started my own e-commerce company a few years ago and have never looked back since. Best decision of my life. Not to say that it was all easy and rosy, I had to deal with a lot of hard work, stress, and uncertainty. But it was all worth it. Now I have so much freedom to do what I really like - travel more, meet people, read, watch movies etc. Many of my friends and people I meet ask me about my entrepreneurial journey. Not to say that I am an expert or a highly accomplished one (far from it, I still have a long long way to go and many more things to do!). However one common belief I find amongst most people who want to start a business is that they are always looking for something new and innovative. They believe that is the only way to start a new business - doing something that is not there in the market or something that no one has ever done before. Now, we do need entrepreneurs who do precisely that - start or make something that didn't exist before. ...