hold the idea, concept, the experience, the event .....till the time you want to

one day, I will ask everyone


that can they hold an idea for as long as they want to.

As if, the time dimension does not exist for the persistence of the idea.

I have seen myself sticking to an idea for as long as I wanted and then very next moment, I realized that I did not need it anymore; so, I will just purge it, as if it never existed.



does it happen to everyone?




I think this is how learning and habit formation takes place.

gift or cash ?

In this case, a non-cash alternative like a gift card at a retailer you know the person likes will eliminate any negative feelings the recipient could possible feel when spending it. An equivalent amount of cash, even though it was a gift, will inevitably trigger some feelings of discomfort when they choose to spend it instead of save it. In other words, they won't enjoy parting with the cash.


 So, get the gift card.

cultivated unfair advantage

what is yours?

as an individual, as an organization.


mine: acquire knowledge, apply knowledge



context:


throughout my years of trying to build a business, I learned that you need to have some unfair advantage over the competitor. I thought about it and realized that the best unfair advantage will be that you cultivate within you or within your organization.

any external unfair advantage could easily be bought ( ask Airtel, JIO did it to them )


But cultivated unfair advantage is much harder than just buying it ( ask Hike, WhatsApp market share has been growing even after no advertisement )


this concept of CUA ( cultivated unfair advantage) factor could be extended to individuals as well.


we all like to be surrounded by winners and people who have better abilities (  survival mode reasoning).



CUA factor is much harder to come by, but once it does; it has a compounding effect on increasing the probability of success of the entity.


acquire knowledge, apply knowledge.

truth

I will give you a simple reason, I will tell you why you should give everything you have got to make something happen at this very moment.



because you will never, ever get this moment again to make it happen.


a little bit of  context:


expected age of universe = 1350000000 years
expected age of earth = 4500000000 years
your expected age = 70 years


Make it happen, this very moment as you do not know how soon will your years get over.

I hope you will never need motivation again.


:)

Lesson of the Pencil

thank you milton

there is a difference between knowing the path , and walking the path

true

if you have waited for eight years to make something happen and it finaly starts rolling

you say to yourself- yay!

the only power humans possess

self-control


everything is a derivative of it.

Be a cheap bastard

Thank you Jason calacanis

Ironically, in order to make something big you have to work by smallest repeatable principle

Our brains can not perceive and work with complex models

We need to make recursive models of repeatable units for scaling

No udhaar ever

Take what you can take and pay

Learnt a new phrase today

Pigheaded discipline and determination

Cashflow management

Learn that

set of habits = culture

choose them wisely

output meta map of repeatable unit , both qualitative and quantitative with timeline

now , you may be able to achieve your goal

I wanted to know the truth

so that when i act on it, i will not have a shread of doubt about the direction


I think, I know now

Update on startup stages

1 find product market fit
2 grow market share

Does it have compounding rate of return for you and humanity

Then do it

Otherwise not

Update on startup stages

1 find product market fit
2 grow market share

Do things that have compunding rate of return

Ku

Make money and mastering social interaction

These are the two most important skill set required by every human being

And we are not formally taught about this in society

It should be as mandatory and driving license for driving

Success is moving from one failure to another failure , with a smile on your face

Ku

If there is one word that defines delhietes - chawwwwd

From begger to billionaire, everyone is king in their own world

I did not want an answer, i wanted the answer

Permanent solution

the first mover is not the one who begins first

it's the one who scale it.

reid

reid hoffman

1) product
2) product distribution
3) financing

get these right....everything else will follow.

Iterative devotion

Required to make things happen

I got a dream.

Now, Power law is easy to practice

marketplace learning

when you are a marketplace, your product is the marketing that you can provide to your sellers.

that is the only power you have that those individual sellers don't have because of our single brand and expending power.


helping your sellers get as much business out of your platform is your single mission for existence.

goals are dreams with a deadline

one of the best lines that i read somewhere....whoever said it  was a genius.


acquire knowledge, apply knowledge

map out the dimension of the forest before you start wondering in the woods

meta map is important to get to the desired outcome...



600 bhp ferari is useless if you do not consistently give it the right direction.

you need to have the meta plan with time requried for each activity in the meta plan for each repeatable unit of business

only then the business or the activity will scale up or get finished.

my best friend taught me the value of money

:)

Average product with brilliant distribution and marketing is far better than brilliant product with no distribution

Make money

customers and competition

customers  - the reason for your existence

competition  - to make you better ( vaporize them by becoming monopoly)

No decision is ever taken on the basis of benevolence, true cause has been and will always be self-love

mathematical curve


there should be a sign on top of everyone's head, saying - I care about stuff that affects me and nothing else.

+


I will act only out of self-love and nothing else.


remember  - Adam Smith was right,.


if you want others to act, call their self-love and nothing else.

There is no shortcut

Keep working

immerse yourself to create your reality

even though I know that my one year stay at Kota ended up in me being socially disconnected.


But I can tell you one thing...that it was the only time I felt that I was immersed in the right environment to make something happen.


and guess what, I did make it happen. DCE was a big deal for a guy who failed in his mother tongue in high school.



I was not aware of the exact term that I had been putting myself into, but I know now. It is called immersion. You put yourself in an environment both psychologically and physically in a situation where you are needed to practice what you want to make into reality.


that is the only process I know and maybe it is the reason for the delay in my financial success.

remember - immersion is not fake it till you make it.

it is practicing in the environment where chances of making it happen are highest.

will elaborate later.

as a person you are limited, as a purpose you are infinite

think about it


gandhi - freedom ( infinite)
budha - compassion (infinite)
science - truth (infinite)
entrepreneurship - change (infinite)



choose a purpose and you will have infinite energy to become the purpose itself...

Sales is awesome

you want to smile or not , you have to - while dealing with clients

get what you want

I will share my knowledge with the world.

things I have learned while trying to get what I want.

To make something happen

Call their self love, not benevolence

let me test reid's hypothesis

was listening to Reid Hoffman


his entire talk was summed up in my head to be - grow fast profitably, people will pour money at you.





it's the first time my brain ,clearly, made one to one correlation between startup and investment.

entrepreneurship is intelligent compromise

Christopher Nolan said that to him all filmmaking is a process of intelligent compromise


I could say the same for entrepreneurship - it is exactly the same feeling.

decide your purpose and be sincere in your action

sincere to your path and passion


you have to be most critical of your work.


decide your purpose and be sincere in your action 

Entrepreneurship

Be ready for :

No money
No social life
No ladies

In return you get :

Only burning desire to make something immortal , to make the world a better place.

Apply power law

You have found it

adam smith - social gravity

social gravity - it is a number to measure how many people get affected by your product or service.

In simple terms, Adam smith told us to have as big a social gravity number as possibly you can.

higher the social gravity, richer you will be.

Find your tribe

You will be most peaceful in that company

Life is a weird teacher

Test you first , gives you lessons later