June 25, 2021

13 habits of high performers

 Elon Musk often talks about hiring job candidates for “clear evidence of exceptional ability”

But how do you identify exceptional potential employees? 13 non-obvious habits to look for in hiring high performing employees:

1/ People who take notorious notes Notes notes. Even your notes should have notes Notes are the closest thing that humans have to time travel You'll miss a finite detail and the notes will help you remember instantly If you want to be more focused, focus on note taking

2/ People with a strong self awareness to accept and manage feedback proactively Low performers: Can’t take feedback Average performers: Take feedback and attempt to integrate it High performers: Seek feedback and integrate it as essential to their success

3/ People who write well You can’t make work happen if you can’t write well It doesn’t matter if you’re a designer, engineer or marketer, you’ll always have points to get across Writing well means: 1) Clear thinking 2) Empathy Writing-well moves mountains

4/ People who lift others up Let’s be real: startup life is tough Having team members lift each other up is your team’s magic pill So yeah, I dig folks who lift others up


5/ People who aren’t hyper productive every single day You cannot be hyper productive everyday. It’s unsustainable Productivity ebbs and flows. That’s okay Sustainable workers outperform


6/ People who listen well Listeners make others feel valued Remember the RASA framework: - Receive: focus your attention on what the person is saying - Appreciate: show signs of appreciation - Summarize: sum up in a few words what the person was telling you - Ask a question


7/ People who smile and laugh often These are the little things that make work fun Startup life without fun is basically impossible Practice safe stress


8/ People with an "us" mentality (not a "me" mentality) Everyone loves a team player If you want to go fast, go alone If you want to go far, go together Employees who understand this are massive multipliers


9/ People who are allergic to excuses Superpowers: 1, Know how to make mistakes 2. Know how to apologize


10/ People who aren’t afraid to ask quality questions
Better questions lead to better answers How to ask quality questions: - Don’t ask yes/no qs - Use follow up qs - Never interrupt - Ask qs to which you want to know the answers - Never ramble - Be comfortable with pauses


11/ People who are able to prioritize on high value work I like President Eisenhower's model: Important + Urgent -> Do 1st Important + Non-Urgent -> Schedule Less Important + Urgent -> Delegate Less Important + Non-Urgent -> Don’t Do Point: whatever framework you use, use it


12/ People with high emotional IQ How to gauge for emotional IQ: Ask questions that make people open-up/vulnerable Keep it light and not too in intense or else you're flying too close to the sun


13/ People who are (mostly) on time If you’re consistently late, you’re basically saying that you’re time is more important than someone else Not cool. Bad vibe Point: you might think people don’t pay attention to punctuality. People do Being late ain’t great


LEARN AND ENJOY


June 23, 2021

How do you build a thick skin personality?

 ANSWER - 1  

Knowing you can collapse dead anytime and nothing actually matters. Realize that whatever someone says won't matter in a few days. Swallow your pride first, because you will take some L’s. Come back stronger and better.

 ANSWER - 2

Don't let the opinions of others effect you.People don't hate on others that are stuck in their life.They hate on people which are making progress - due to their own insecurities. Critics are shouting you are in the right path.

March on.

 ANSWER - 3

Normalize saying what needs to be said, before it’s too late. Otherwise let whoever, think whatever and keep it moving with no later explanation.

ANSWER - 4

Understanding that the only thing we have power over is our ourselves. Don’t allow anyone to control the only thing you have control over. Be confident and firm of who you are and what you allow to disturb you .

ANSWER - 5

Don’t! Why would you? A thick skin personality shuts you off to all of life - en block! Let your personality be supple open inviting to truly live love laugh. Develop in stead a strong intellect that has the ability to pick you high up over the mundane affectations of the world!

ANSWER - 6

Meditation definitely helps in building up selective hearing which in turn creates a thick skin as per others…but yes meditation helps in every sphere of building a great character of yours.

ANSWER - 7

You must face each day as it comes and careless about what other people say about you. Keep moving and in motion.

Selective hearing? I like that. You don't have to react or respond to things that doesn't resonate with you .

Don’t Shy Away From Confrontation.

You Don’t Have To Be Liked By Everyone.

Put Things In Perspective.

June 20, 2021

How to be Extra Ordinary

 We all look up to people we deem `extraordinary` because they have superhuman skills or genetic material or ability that we could only strive for in our wildest fantasies.

 However, they are the 1% who have struck the genetic lottery Or have been surrounded from birth with the resources required to drive themselves to the top level, While the rest of us struggle to achieve even a fraction of their excellence.

What separates them are the decisions they made a long time ago and the ones they make on a daily, regular basis.
The ordinary person will always complain about the life they have. And the extraordinary person takes responsibility for their position in life and takes action to make their lives better, knowing it is completely up to them.
The ordinary person watches TV, stares at their smartphone, drinks, smokes, takes drugs, eats poorly to excess, and wonders why they are depressed and overweight.
While the extraordinary person cuts all screens out of their life, or severely limits their activities on them, and takes charge of their health, making it a top priority in their daily existence.

Can you see a pattern forming here? Take the most ordinary, regular person you know and do the exact opposite. I can't think of an easier way to become an extraordinary human being.
Focus on making small, incremental 1% changes or improvements daily; this adds up to a 365% improvement in just one year! It's like the snowball effect: small, consistent actions produce massive results in the long term and build strong self-discipline, self-confidence, and personal power.

You do not have to be blessed in any manner, shape, or form to be an extraordinary person. All you have to do is do the opposite of what most people do, concentrate on everyday improvements, and give more than is necessary. Now get out there and get amongst it!

How to give 0 f*cks and be self-sufficient

 

 ✪ Identify your desires, goals, plans, tasks ,After all, if you don't know what you want, others will push their expectations and tell you what and when you should do it.

To be self-sufficient, one must follow one's own goals rather than those of others.


✪ The way you allow others to treat you is how they will treat you. The key aspect is "self-esteem," and you must clearly define the boundaries of what others are permitted to do with you.

Outside these boundaries, there is nothing to talk about, and there is no need for that. Never do something that destroys your self-esteem. “Self-sufficiency” without “self-respect” does not exist.

The true love of a woman is always based on respect for her beloved man. Even though I usually suggest doing everything possible to maintain a relationship.

I'll tell you, bluntly: "if you believe that a lady does not respect you, you must quit this relationship."

Self-sufficiency requires a clear and strong stance on this matter.

✪ Your ultimate objective should be to not fool yourself. Look for yourself, grow yourself, realize yourself, make errors, follow your dreams, love your parents and close friends, and take care of your world.

Everything else is merely what people think of you. Self-sufficiency is the courage to remain “Self” and “follow Your path."

✪ Be as genuine as possible, Otherwise, the more you try to fake something, the stronger becomes your fear, i.e., someone will find out that you really are not you. Why are you so stressed? Self-sufficiency is the desire “to be,” not “just to appear.”
True self-sufficiency is when nobody has authority over you, and you do not permit them to do so. The keyword here is "permission." Think about it. To not depend on opinions and assessments, one has to accept oneself with all his negatives and positives.

This means that you need to be aware and feel your right over yourself. Well, of course, if you want to change something in yourself, then work on it. But do it for yourself, not to satisfy someone else, be loved by someone else, or become "good" or "bad" for someone else.

A self-sufficient person does not feel flawless or improves out of fear of being awful. Self-sufficiency is defined as "improving for the sake of self-realization and self-disclosure."

✪ Never demand anything from others: Of course, you can ask for it. But Demand - NO. Demand only from yourself. Then, you will no longer have any grievances or claims against others. It is impossible to imagine a self-sufficient person experiencing grievances and claims. Proceed from the consideration of your interests.
Those who consistently act against their own interests will not be regarded in any circle, let alone by women. Do not try to prove your self-sufficiency to others. Prove only to yourself, if necessary.
Self-sufficiency, my friend, is actually the game of your internal preferences.


June 18, 2021

Jesse Livermore’s Wisdom ON Investment and Stock Market

 

1. Never be completely bearish or bullish on the whole market because of one group or a few stocks have reversed its course from the trend.

2. There is only one side of the market and it is not the bull or the bear, but the right side. 3. Don’t trust your own opinion and back your judgment until the action of the market itself confirms your opinion. 4. Markets are Never wrong – opinions often are.

5. The real money made in speculating has been in commitments showing in profit right from the start. 6. As long as a stock is acting right, and the market is right, do not be in a hurry to take profits. 7. One should never permit speculative ventures to run into investments.

8. The money lost by speculation alone is small compared with the sums lost by investors who let their investments ride. 9. Nothing new ever occurs in the business of speculating or investing in securities and commodities. 10. Never sell a stock because it seems high-priced.

11. I become a buyer as soon as a stock makes a new high on its movement after having had a normal reaction. 12. Watch the market leaders. 13. The human side of every person is the greatest enemy of the average investor or speculator. 14. Wishful thinking must be banished.

15. Big movements take time to develop. 16. It is not good to be too curious about all the reasons behind price movements. 17. It is much easier to watch a few than many.

18. If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole. 19. The leaders of today may not be the leaders of two years from now.

20. What has happened in the past will happen again. This is because Markets are driven by humans and human nature never changes. 21. “It is what people did in the stock market that counts — not what they said they were going to do.”

22. “Successful trading is always an emotional battle for the speculator, not an intelligent battle.” 23. “I believe the public wants to be led, to be instructed, to be told what to do.”

24. “If you can’t sleep at night because of your stock position, then you have gone too far.” 25. “Remember that stocks are never too high for you to begin buying or too low to begin selling.”

26. Not taking the loss, that is what does damage to the pocketbook and to the soul.” 27. “I trade my own information and follow my own methods.”

28. “I trade my own information and follow my own methods. 29. Being a little late in a trade is insurance that your opinion is correct. 30. Never average losses.

31. Don’t try to play the market all the time. 32. Trade along the path of least resistance. 33. Ride the trend until it ends.

34. Few people ever make money on tips. If there was easy money lying around, no one would be forcing it in your pocket. 35. The nature of the game as it is played is such that the public should realize that the truth cannot be told by the few who know.

36. A man must know himself thoroughly if he is going to be a speculator. To know what I was capable of in the line of folly was a long educational step. I think that no price is too high for a speculator to pay to learn that which will keep him from getting a swelled head.

37. Never buy a stock because it has had a big decline from its previous high. 38. Profits will always take care of themselves but losses never do.

39. Set your own rules and stick to them; never argue with the market; never make a play you can’t afford; never give way to irrational exuberance. Above all, don’t be a sucker. 40. Money cannot consistently be made trading every day or every week during the year.

Personal Finance Rules

 Rule of 72 (Double Your Money)

Rule of 114 (Triple) Rule of 144 (Quadruple) Rule of 70 (Inflation) 4% Withdrawal Rule 100 - Minus Age Rule 10, 5, 3 Rule 50-30-20 Rule 3X Emergency Rule 40℅ EMI Rule Life Insurance Rule

♻ Rule of 72 No. of yrs required to double your money at a given rate, U just divide 72 by interest rate Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs At 6% rate, it will take 12 yrs At 9% rate, it will take 8 yrs

ClipboardRule of 114 No. of years required to triple your money at a given rate, U just divide 114 by interest rate. For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years At 6% interest rate, it will take 19yrs

Spiral note pad Rule of 144 No. of years required to, quadruple your money at a given rate, U just divide 144 by interest rate. For eg, if U want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs At a 6% interest rate, it will take 24yrs

Spiral note pad Rule of 70 Divide 70 by the current inflation rate to know how fast the value of your investment will get reduced to half its present value. The inflation rate of 7% will reduce the value of your money to half in 10 years.

*4% Rule for Financial Freedom* Corpus Reqd- 25*Annual Expenses Eg- the annual expense is 500,000 then the corpus required to retire is 1.25 cr. Put 50% into fixed income & 50% into equity. Withdraw 4% every yr, i.e.5 lac. This rule works for 96% of the time in 30 yr period

Universal recycling symbol *100 minus your age rule* This rule is used for asset allocation. Subtract your age from 100 to find out, how much of your portfolio should be allocated to equities Age 30 Equity : 70% Debt : 30% Age 60 Equity : 40% Debt : 6

Nazar amulet 10-5-3 Rule One should have reasonable returns expectations 10℅ Rate of return - Equity / Mutual Funds 5℅ - Debts ( Fixed Deposits or Other Debt instruments) 3℅ - Savings Account

Gem stone *50-30-20 Rule - Allocation* Divide your income into 50℅ - Needs - Groceries, rent, EMI 30℅ - Wants - Entertainment, vacations, etc 20℅ - Savings - Equity, MFs, Debt, FD, etc At least try to save 20℅ of your income. You can definitely save more

⭕ *3X Emergency Rule* Always put at least 3 times your monthly income in Emergency funds for emergencies such as loss of employment, medical emergency, etc. 3 X Monthly Income You can have around 6 X Monthly Income to be on a safer side

Bank *40℅ EMI Rule* Never go beyond 40℅ of your income into EMIs. Say you earn, 50,000 per month. So you should not have EMIs of more than 20,000. This Rule is generally used by Finance companies to provide loans. You can use it to manage your finances.

Speaker with three sound waves *Life Insurance Rule* Always have Sum Assured as 20 times of your Annual Income. Money bag 20 X Annual Income
Say you earn 5 Lacs annually, You should at least have 1 crore insurance by following this Rule.

BRAND Archetypes through lens -Indian-Brands

There has been so much already written about brand archetypes and this is certainly not one more of those articles. In fact, this is rather ...