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If You Want to Win, Begin with Superior Preparation
Imagine having to climb a 100ft. high mountain. Would you simple show up for climbing without prior training or without carrying the proper equipment required? Because if you do that, you’ll probably never reach the top (quite literally), or you may end up hurting yourself. You would start your adventure when you feel you are ready (not motivationally, motivation comes every morning, and goes after an hour). When are you ready? You are ready when you are prepared. What is preparation? Preparation is when you start working for something in ...
Take Only Carefully Calculated Risks
We’ve surely read some epic success tales about people who have taken great risks in their lives and overcame all the obstacles. But is it always wise to blindly follow your heart and make decisions without considering the consequences? You need to consider all the advantages and disadvantages of a task, before you are exposed to the chances of any losses.
When you are deciding whether to try a new venture, you need to make sure whether the odds are on your side. Don’t invest into a field where you are not an expert. Risks are an essential ...
Success Comes Outside Your Comfort Zone
Why do you need to stretch yourself?
On your way to success, as you go on achieving your little goals, you tend to become complacent with yourself. You start taking your achievements for granted. You are satisfied with your current situation, so it doesn’t bother you enough to make any changes. Everyday activities don’t make you anxious, keep you comfortable.
But why is it important for you to get out of your comfort zone and try new things? You can’t associate success with a single destination, success is a journey. You need to open up and ...
Trading Gappers for Fun and Profit
As an experienced day trader, I get asked for advice all the time about different ways of trading and different strategies. So I always try to deliver good, sound advice, in a fun and informative way. That means telling stories. It always comes back to stories.
One way to look at it is, stocks tell a story about a company. The way to make money on that story is to be able to tell if that story is about to go in a bad direction or a good direction. But everyone learns better by reading stories. So to learn about how to really institute a good, solid ...
How Much Value does an MBA Add to Your Salary?
“Why do you want to do an MBA?”
“Sir, an MBA gives a launching pad to grow as a leader, apart from the technical know how ……”
(While in the back of the head, you know why you are actually there, not because you want to improve your entrepreneurial skills, but because of the MBA bump, which is like a guarantee card for a higher paycheck. The pay does become great once you take a job after an MBA degree, so we might as well learn some skills on way. Cliché and cheap, but true.)
So does an MBA really push your salaries? What is the MBA ...
Why Economics Should be Compulsory Subject in School
What is the point of learning complex theorems or memorizing dates and events, when in real life, all that would mater is how you deal with money? What is the point of understanding high-flying compound interest formulas, if in later stages of professional life, it takes great struggle to understand the actual concept and real-life application. How necessary is it to familiarize students with personal economics and finances?
How many of us in high-school felt that they wouldn’t ever use the complex mathematical formulas in real life- “Where ...
What You Must Know About Job Hopping!
When you hear about the term career, your brain displays the scenario of you sitting in your office with the room of your door revealing your name in a metal plate. Maybe the upbringing of the children in the society has encouraged them not to trust their luck by dreaming about having a business, but a “safe and secure” job. But who likes to bounce his head deliberately into the same nature of workforce rock years after years? Hence, there came a new tradition popularly known as job hopping. Job hopping refers to changing from one job ...
Advantages of Bootstrapping
Bootstrapping is a self starting process which proceeds without any external input. It is the main reason behind the success of many startups like Facebook, etc where the developers didn’t have to worry about the external debts. While bootstrapping, you need to make sure that you have quite a reliable stack to fund to your business. This means you don’t rely on any banks or investors for the required funding at the start. This reduces the external pressure on you which lead to a self sustaining business. At some of point of time you ...
