exercise taught me value of metrics and measurement

if you keep measuring your progress, your body will evolve accordingly


if you keep measuring your business, your magnitude of success will evolve accordingly


need to test for  co-relation and causation


feelings are temporary , systems are eternal

how can 543 people decide fate of more than a billion people ?

hence businesses are required for serving the nation

technology forces you to be honest

so be yourself, you will love your life in the long run

Philosophy

Simplicity is a powerful force

it's an irreversible reaction.......and you just have to be right once

i have learnt what i wanted to learn.


I have the basic architecture for making my dream come true.

I have to be devoted to the dream to make it into reality.

Single minded focus is required to make it happen, but one thing is for sure...it is an irreversible reaction.

The world will never be the same.


I had heard from mark cuban that in life and in business you have to be right just once. I think this is my moment of being right.


he said that the world will say that you were an overnight success, you should smile back....because you know the reality :)

its not the customer profile, but the profile of the job that the customer wants to achieve that should be the unit of analysis - big idea

thank you.... clayton christensen....

Ya to kar jayenge , ya karte karte mar jayenge

Anyhow life will be meaningful

cultivated unfair advantage

what's yours

follow the money

the world runs on it...everything else is secondary

without money -> you will die.

you are your work

posterity does not care about your existence, other than what you did with your life.


for eg - what was the name of second son of Mahatma gandhi ?

( don't search on internet) .... the real reason why don't know his name is because he did not do anything monumental in his life....... ( it was just an example to elaborate the title...nothing against second son of mahatma gandhi :)...)


To tell you the truth ...even i don't know.....and that's the point

convert the biggest weakness into the greatest strength you will ever have

whatever does not kill you makes you stronger

Brilliant jugaad by delhi traffic police

https://youtu.be/ESUMZAUnsFs

India - the land of jugaaaad

I have heard that Indians are the most jugadu people on the whole planet I would want to see examples of Jugaad in my society. I believe starting from the common man the most important person of the country and even government organisation along with private sector use Jugaad and nobody talks about it.

I should

No product differentiation leads to crazy competition

Get out of herd mentality and create monopolies

Look at the heads of all rikshaw pullers in the pic ..... All have the same utility and same product to offer ...they are participating in crazy competition ...

Hence no customer cares about which service provider to pic from. 

But if you had been a smart rikshaw puller ....you would have done something that would have made your chances of winning the customer ..higher .....

There is zero differentiation ....hence all of these players will be looser in the game of life 

Acquire knowledge, apply knowledge ....or die. That's capitalism

look closer for monopolies...... you will find them more often than not

the worst manifestation of self-interest  is creation and persistence of monopolies.

BTW, they are the best entities for disruption.

I am trying to build an eye for monopolies :)


acquire knowledge, apply knowledge

jitta wahi hai jo jitta hai - baki sab bakwas

remember it ..... watch me

choose a concept - devote your life to it

that's the only way to live a meaningful life

create certainty - rest will follow

Everybody is seeking certainty in life - consciously or subconsciously

FOMO investing

people behave out of fear of missing opportunity....

people might not understand what the other person is doing, but they understand the high level detail that if they did not participate in the activity ...they will loose big time...... many people who are smart enough to generate this feeling in other people are really successful at making other people act according to their will

most of the funding in venture world can be extrapolated from this behavior

Reorder, product market fit ,company formation

That's it

startup's are really simple

you need to do only two simple steps:

1) Find product market fit
2) executing a company out of that product market fir


that's it :)

observation about my curiosity

the level of dedication that I feel sometimes is inexplicable, it is somehow linked with me articulating whatever the problem i am focusing upon into something of exploration or experimentation.

Then I see my mind , automatically, becoming single mindedly-focussed on this one question in front of me. Would write more about it.

Learning to make money is just like any other habit formation process

Learning to making g money is a one time acttivty ....just like learning to speak English

The compounding return will be visited in a few years

Enlightenment

Doing what you love better everytime

Anyone can do it

Let me say that I believe..... Anyone can do it

you only have to be right once , in business

mark cuban

the world runs on example

show them, not tell them ........ selling is more of a showmanship

output, team work and individual performance maximization = Management

high output management, Andrew s. Grove

people who intend only to seek their own benefit are led by invisible hand to serve public interest which was no part of their intention

Adam smith 

one of the great mistakes is to judge policies and programs by their intentions rather than their results

 Milton friedman

the only thing that matters is getting to product/market fit

Mark andreesen

customers first, employees second and shareholders third

jack ma, founder of alibaba ( richest man in china)

being on the right side of forces

there are forces in life

1. power law
2. certainty
3. self interest
4. compounding
5. product- market fit 
6. etc.....

one has to be on the right side of these forces...otherwise they will make you life miserable

no kash , no shayad

acquire knowledge, apply knowledge

The one who gives you business , can make you do anything

startup's are autocratic meritocracy

hard truth

Monopoly

1. IP
2. stickiness
3. network effect
4. IRR
5. brand
6. distribution
7. irreversibility
8. C---om
9. tharak jagana
10. lat lagana
11. unique
12. the curve
13. the map
14. path of least resistance
15. sales cure all - mark cuban
16. make money for others
17. embrace constraints
18. recruit customers, money will follow

Acquire knowledge, apply knowledge

naval ravikant on compunding

I actually now firmly believe that everything you do in life, all the returns in life come from compound interest. If comes from the length and strength of your relationship.

Look at the PayPal Mafia and how they just keep compounding into new companies that they do together. Similarly, in your marriage or relationship the longer you hold out, the better it gets, the more you survive.

Warren Buffet is the richest guy on the planet, or legally richest guy on the planet, there is a lot of illegal wealth out there too, because he never spends a dollar. He just reinvests it, he just keeps compounding it, and he holds it.

naval at pando

all returns in life comes from compound interest

the second curve that is going to change my life ( the first one being -power law).



I do not fully understand the consequence of the title .....but I am pretty sure that over time I will understand the deeper nuance of the statement. But , you can't help and get hooked to this simple sentence.


I should find more things in life that have compound interest type returns... be it relationship, be it business , be it knowledge, be it wealth......I think compound interest has something to do with the design of society itself.

there are very few people who do understand this........ I think I had read something similar in the book Intelligent investor by benjamin graham.

lets try to understand:

1) Learning has a compounding effect in our lives...for eg- it took me 3 years ( after my 12th standard ) to get fluent in the use of English language. But ever since, I have been reaping benefits of the hard work I put. I did the work once, I new that it was a once in a life time work and the result will be compounding(it was more intuitive...... I must have not used this term) for the whole life.


2) FBD diagram and visualization (done for physics and mathematics..vector analysis) - I was compelled by my love for understanding the physical world ....that I put innumerable hours to visualize and simplify physics problems. Having been done innumerable times, this ability got stuck with me ,even long after I left the subject. This habit has morphed itself into me asking about the bigger picture first and trying to visualize the outcome , long before it has been understood clearly.( one example would be this article itself, I read something simple....but my brain compelled me to extrapolated consequence of the concept.....long before I have begun using it as well)


3) Money and help - I have seen people offering money and help to those people who precisely don't require both of those entities. Earlier I thought it had something to do with human nature( before i understood, self interest), but now I feeling more and more that it has more to do with compound than self interest, self interest comes in picture after compound interest analysis by help giving entity. The one who is offering money or help knows that the other entity is powerful enough to return the favor in greater amplitude.....hence the generosity. ( I do not have to be politically correct, I am just stating what I have observed)



4) relationship  - The longer one spends with an entity, the more the interactions with the entity and emotionally deeper experience with anyone will keep giving you emotionally deeper and meaningful returns in life. ( I am not interested, but that has been my observation........ till the self interest is aligned )


5) habit formation/neural reorientation - it becomes easier over period of time, the more favorable information one gathers about the new habit and the more one practice , it becomes easier.



I will add more things in life that I thing have compounding effect and had some intuition about them, even before I had understanding of this term......

I thing sooner or later I will completely agree to this statement... but for now the search continues.....

the world test you, before giving up

there have been so many instances where this has been correct. I have been tested by so many times before being given exactly what i wanted , it is simply innumerable.


But I have found a pattern similar to what gandhi had found

first ..they ignore you,
then ...they laugh at you,
then ...they fight with you,
then...you win



it is such a repeating pattern in life ....that its trivial to mention as well. People want to know that they are supporting an ideologically strong person who will do anything in his power to make it happen, before accepting you.


So this is a simple message to all those people who are facing resistance in being accepted/their ideas accepted. Just remember , the other party is trying to believe in you while they are trying to resist you. If you do not go away, if you stick with your rationally correct ideas and don't give up ... they will understand the beast they are dealing with. But you have to be certain with proof, that whatever you are standing for is worth the fight.......

remember....posterity will always judge you on what you did.... not what you thought you did..... it is far better to die on the battle field trying to win the war than dreaming of winning the war one day.


Most of the people have not come across an indomitable-will person in life. And I should add that most people do not like being around rigid people until it is their self interest. So , you will be hated by most people in society for having strong opinion about anything.

But then you should say - "who gives a fuck about what other people think".


People have given life for what they believed in ( sometimes they were right to believe in it /sometimes they were wrong), So you should not be worried when people mock you, disrespect you, indifferent to you....etc... for your believes....because time will prove who was right.


Keep learning ... keep improving ( accept your factually proven mistakes quickly, you will be a better person over time)

And get what you want - there is only one copy of yours in past 13.5 billion years........or better yet.... you will never be here again...... so get what you want or die for getting what you want.


acquire knowledge,apply knowledge

don't fight forces, use them

thank chanakya

mere sinne mein nahi to tere sinne mein sahi, ho kahi bhi aag lekin aag jalni chahiye

हो गई है पीर पर्वत-सी पिघलनी चाहिए,
इस हिमालय से कोई गंगा निकलनी चाहिए।

आज यह दीवार, परदों की तरह हिलने लगी,
शर्त लेकिन थी कि ये बुनियाद हिलनी चाहिए।

हर सड़क पर, हर गली में, हर नगर, हर गाँव में,
हाथ लहराते हुए हर लाश चलनी चाहिए।

सिर्फ हंगामा खड़ा करना मेरा मकसद नहीं,
सारी कोशिश है कि ये सूरत बदलनी चाहिए।

मेरे सीने में नहीं तो तेरे सीने में सही,
हो कहीं भी आग, लेकिन आग जलनी चाहिए।

- दुष्यन्त कुमार 
काव्यपाठ: विनोद तिवारी

You are what you think

And if you can control what you think ...you can be anything

Day distribution

Meditation
Making money
Helping others, solve their problems

solve the problem permanently

always solve the problem permanently


chanakya


meanwhile ...acquire knowlede, apply knowledge

companies are manifestation of human attention

companies, stuff, things in life ,anything......it is just manifestation of human attention........


whatever you put your attention to ...whatever you focus upon....will exist.

otherwise,not.

jason calacanis - awesome advice for entrepreneurs

you are not the brand .... you are maker of the brand

remember the distinction



meanwhile....acquire knowledge, apply knowledge

err towards making life simpler for people - you will be forgiven in the long run

err towards making life simpler for people - you will be forgiven in the long run

jason calacanis  ...thank you bro

when people ask you about your opinion

You should ask a reverse question to all those people -

Do you want to hear brutally honest truth or do you want to hear sugarcoated,euphemistically correct but ultimately manipulative LIE ?

Let them choose what they want to hear.


One thing I will tell you, the result of this exercise will be bipolar.

Over period two things will happen -
1) nobody will come to take opinion from you ( which is good , that will give you more time to do your shit)
2) whoever will come to you will know in advance ...that this guy/girl will tell me brutally honest opinion/truth



Meanwhile ...acquire knowledge or acquire knowledge.

right now..... the state of entrepreneurship

you have to be the best in the world at what you do for barely making it to survival........



market increase the benchmark of quality needed for the survival - over period. ( sentence feels like yoda speaking :))


Meanwhile ..... acquire knowledge, apply knowledge

Everything is simple

Our believes act as self fulfilling prophecies....

If you have to err towards believing something is hard or something is simple.....I request you to err towards it being simple....... this will at least help you start trying it and learn intricacies of the believe.

Otherwise, if you believe something is hard......your brain will block you from beginning it as well... as it would make its own stupid reason for not even trying it. As you have already made a system of believe where the activity was considered to be difficult..... you will not mind not trying it as well. But that will be a big mistake....... Try and you will know.


Meanwhile ...acquire knowledge and apply knowledge.

I don't know is a good enough answer

when we do not have data to support our believe.... it is far better to not believe and be open about other possibilities. Say - "I don't know" is not a crime....rather it shows a sign of a mature mind.



Meanwhile.....acquire knowledge, apply knowledge..

real meaning of early adopters

in entrepreneurship books, I was taught that the product should be focused for early adopters...which i think is a euphemistic way of saying...that you should only try to sell those who are hungry for your product and direly require your solution........ rest of the customer cohort will join the band wagon after seeing the success of these early product proponents customers. Remember to ask these people to pay for your product from the very first day, otherwise you will not know the value customers put on your product.

We live on instance level, but the world runs on class level solution set

Will explain someday ....

Hint - computer science

Show. Don't tell.

Naval ravikant

Meanwhile ...acquire knowledge , apply knowledge

finding answers to my questions is the most invigorating thing in my life

Ujjwal - focus on the current question.. it has already been eight years........ I think I am really close to finding the solution of the current problem.




Thank you naval ravikant for reminding me the simple truth....


Meanwhile .....acquire knowledge, apply knowledge

no one can compete with you if you find something which is entertaining

because then you will be having fun........while most of the people who will be competing with you will be working hard.....but no matter how hard they work.....eventually you will win...because you can do it for almost all your life...while others will get exhausted sooner or later.


(some excerpts from naval ravikant)

meanwhile ... acquire knowledge, apply knowledge

Clarity and simplicity

habit

be honest to yourself
acquire knowledge, apply knowledge
let the best idea win
make money by voluntary co-operation
control your attention
the game - output, team work, maximize individual performance





Meanwhile........acquire knowledge,apply knowledge

business categorization correction

I would like to correct my understanding about meta level categorization of business.


I had earlier put business in Known- unknown category of problems..


but lately I have realized that it is more of a summation of many unknown-unknown category problems.


This make the journey even more interesting...... now it starts making sense, now i can connect the dots about the saying that , even if you have found the brilliant idea...there is no surety that you will succeed...because there will be many more unknown- unknown variables that can potentially kill your idea at any point in time.



Only time will tell whether I am correct or not ..... but for the mean time ....acquire knowledge, apply knowledge

the game

output, team work, maximize individual performance

thank you milton

The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both.

learn to be honest to your ideas, people will find your ideas and join you - for eg ...chanakya

creating passionate users..... taught me how to market yourself....the world is too big..and if you have an ideology, people who like your ideology will find you and join you

honesty - so rare now....that it becomes news :)

we live in such dishonest ( shall we say, driven by marketing disproportions) world that honesty is celebrated and seen as a batch of honor ...when it should have been the normal course of human existence......, it is ,rather, present only in infinitesimal proportionate of human interactions

https://www.youtube.com/watch?v=bNNSgadhCOc

good product and good marketing is more powerful than excellent product and no marketing

I have reached a position in my business experience .....where I can see the clear difference. The only thing stopping is marketing to the public.


Now I know where to spend time for next couple of months