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Why “Retire Early” Is an Empty Fantasy
When I launched my first startup, on the way to my rented office in Mumbai's Bandra, I would see a house where two retired-looking men would be sitting, listening to vintage Goanese and English songs. Their faces had no joy, no expression. All they...
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The power of simple finance
A Wharton professor, who taught us valuation, once told this story of Merton Miller, who won the Nobel Prize in Economics for his work on the...
If you can’t explain something, don’t do it
A long time back, I was part of an online group of (supposedly) entrepreneurs and investors. About half the chatter in that group was about crypto...
Have a beginner’s mind
I once was interviewing a professional investor who invests in power plants and infrastructure. But when I asked him "What is 1 kilowatt-hour?" he...
Do what will give you peace of mind
We hear two extreme philosophies of life. One says, "Spend less, own less, and be minimalistic. The other says, "Live it up, enjoy the luxuries, and...
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Train your people to build focus
In this deafening clamor of notifications, pings, and rings, do you know the one thing nobody cares about? You. And your attention, your well-being. Nobody cares about your attention because you can always work late nights and get work done. Then...
If you are a leader, the buck stops with you
On his desk in the Oval Office, US President Harry Truman famously had a wooden sign which said, "The buck stops here." No shifting responsibility, no passing around blame -- when the push came to shove, Truman promised finality. And true to his...
How to rise up the leadership ladder
If you want to rapidly rise up the leadership ladder, these are the things to do: Don’t wait for people to tell you what to do. Identify problems or areas where can you contribute and then offer specific help. Take responsibility, even if small...
Overcoming perfectionism
Procrastination is NOT laziness. And unless we understand this, we can't fix our procrastination problem. We procrastinate when we don't know how to handle the negative emotions generated by a task (e.g., anxiety). We then avoid working on a task...