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The Secret of Confidence: Focus on What You Know
As a rookie consultant at McKinsey, before the final client presentation, I used to feel very jittery. No matter how much work I had done, there would be so many things we were not sure of -- what if the client asked about them? But the senior...
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It is too late when we decide it is too late
When is it too late to start something? Today, I came across this guy called Lew Hollander, who At 82, finished the Hawaii Ironman and held that...
Victory is born in our mind, so is defeat
You must have heard a lot of wisdom along the lines of, "Here is what you should do in your 20s." Often, one hears things like: Learn aggressively,...
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...
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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 had no idea. Many people swim in the shallows. They make do by talking about high-level stuff,...
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 have fun." So what should you do? While there can't be a prescriptive answer, let me lay out a...
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...