Last Friday, I figured that 24 hrs was not enough for me – there was way too much to do. So I ran this experiment: 1. I picked a priority task (something I absolutely had to get done). 2. I told myself, ‘Let everything else wait – let me just do this one task for...
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The joy of lifelong learning
I started my MBA 10 years after completing my B Tech. And since most of my classmates were much younger, I felt a bit like a dinosaur (in a not-so-cool way). If fact, I did derive some mischievous pleasure when I found classmates even more experienced – and therefore...
Poor corporate governance
At the private equity fund where I last worked, in about half the investments where we lost money, the culprit was fraud by the promoters (i.e., company owners). In some cases, the promoters blatantly stole more than a hundred crores, but shockingly, not one guy went...
Commitment of Leadership
For all practical purposes, my first job out of college was to head the Trivandrum City Police as its Commissioner. Prior to that, I had only undergone the IPS training and done a piddly 7 months in a field assignment. But compared to me, my ACPs were battle-hardened...
Overcome envy
Envy is an amazing thing. I never envy the British Queen, who has inherited this massive fortune and privilege without having worked for it for even a day. Yet, if our classmates get ahead and do really well in life, we feel a tinge of envy. And the fact remains that...
Freedom
When I left my last job to do a startup, a new reality hit me – no more Car Club pickups, business class flights, expensive hotels, or unlimited travel budget. On the next flight, when I walked into the economy section, it felt a bit weird. But pretty soon, I got used...
Conviction
In early 2009, I attended a townhall at McKinsey. This was just a few months after Lehman Brothers’ bankruptcy, and the US was still in the midst of a horrible recession. The partners running the meeting assured us that all was well – in fact, McKinsey did not lay off...
Conventional Wisdom
In the 2nd year of my MBA at Wharton, I asked a finance professor for advice on landing a job with a private equity fund. When he learned that I had only worked as a cop, he told me bluntly – “With your background, it will be very difficult.” I was dejected but since...
Margin-free shop
Once, while driving in Trivandrum City, I saw a shop with a big banner: 'Margin-free shop’. Presumably, they don't keep any profit margin. On seeing that, you almost get the feeling that 'profit' is a dirty word. In fact, my daughter even asked, "What’s wrong with a...
Straightforward path
Yesterday, I picked up a small rock lying on the road, and it is now sitting on my table. How much will you pay for it? Probably nothing. But what if you believed that someone else would pay 20 rupees for that rock? Now, you might happily shell out 10 rupees. So that...
Opportunity for gaining experience
From the many 180 degree turns I have made in my career, the one big lesson I have learned is this: Life is to be experienced, not optimized. Life has no objective function to be maximized – it is not a calculus problem. It doesn’t have a destination that we need to...
Comparisons
You can’t lose a game you never played. Then why do we compare ourselves with others, whose lives we never lived? When we get caught up in the comparison game, we forget – everybody has different starting points, different life constraints, and different objectives. A...
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Rajan shares insights from his own life journey to help you build better habits in yours.