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Education Without Values Is Dangerous

Before we graduated from college, our electrical engineering professor (I think it was Dr SS Prabhu) told us, "As you graduate, it is not enough to be technically competent -- you also need a value system, without which, you are no better than a...

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Why Entrepreneurship Makes No Financial Sense

In a VC finance course at Wharton, our professor said, "On a risk-adjusted basis, becoming an entrepreneur does not make financial sense -- you are much better off as an investor." Many of us revolted -- how could she say that? Aren't entrepreneurs...

The Costly Startup Lesson That No MBA Teaches

When I launched my first startup, we urgently needed some cash to keep the company alive. So I roped in a world-renowned expert to conduct a pretty expensive workshop. We just needed 100 signups and for the next 12 months, we would not have to...

The Real Meaning of Consistency in Habit Building

If you fail in building habits, the most likely culprit will be a misunderstanding of what consistency really is. We think that consistency is like a mathematical straight line -- for the next 50 years, you should do the same thing in precisely the...

The Invisible Currency That Makes Teams—and Markets—Work

When I was first exposed to the trading floor of a global bank (as a consultant), I learned about a curious phenomenon. Traders would sell or buy very complex securities worth tens of millions over a phone call and there was no proof of the deal...

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Rajan shares insights from his own life journey to help you
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