Wednesday, August 30, 2006

Guy Kawasaki ...

Good for Business School. Its hard to write a page of summary as you say. Why make the students suffer. Rather than making it a restriction on pages please give the students frredom to chose the number of pages and put relevance on the content.

Pitching as you know is an art. Every one is learning in school what we are learning is presenting to a larger crowd, And students are no VCs or Angel investors may be a couple of slides is necessary to convey the message. No harm in doing that !!

What you think research students do rather than finding their own solution.

Rest of the stuff is real amazing. Typically I liked the meeting and thinking about the progrss in voice mail. ( Even though it doesn't work in India ~Meeting).

Guy there is many proffesions which doesnt require you to go through atleast all of the 10 - you said. Think about proffesors or scientists. Ofcourse you cant become kawasaki by learning what you from the school. I think atleast the world cant handle too many Guys..Lolzzz

PS : I am a vivid fan of guy and I read all his books. One of the brilliant people in



Do you think school is fun, If yes the reason is there is some one to lean on when there is questions. Why make students life a hell kawasaki

Ten Things to Learn This School Year
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I’m on the campus of UCSB this week at family camp, and it's inspired me to blog about what students should learn in order to prepare for the real world after graduation. This is an opportune time to broach this subject because the school year is about to begin, and careers can still be affected.

First, take this little test about the state of your understanding of the real world right after you graduated from school.

Compare your answers to what you learned after a few years in the workforce. It seems to me that schools often teach the opposite of what's necessary for the real world. Perhaps in school people have plenty of time and no money, so long papers, emails, and presentations are not a problem. However, people in the real world have plenty of money (or at least more money) and no time. This is a list of what I wished I learned in school before I graduated.

1.

How to talk to your boss. In college, you’re supposed to bring problems to your teachers during office hours, and you share the experience of coming up with a solution. In the real world, you’re supposed to bring solutions to your boss in an email, in the hall, or in a five-minute conversation. Typically, your boss either already knows about the problem or doesn’t want to know about it. Your role is to provide answers, not questions. Believe it or not, but in the real world, those who can do, do. Those who can’t do, share with others who can’t do.
2.

How to survive a meeting that’s poorly run. Unfortunately, it could be a while before you run meetings. Until then, you’ll be a hapless victim of them, so adopt these three practices to survive. First, assume that most of what you’ll hear is pure, petty, ass-covering bull shiitake, and it’s part of the game. This will prevent you from going crazy. Second, focus on what you want to accomplish in the meeting and ignore everything else. Once you get what you want, take yourself “out of your body,” sit back, and enjoy the show. Third, vow to yourself that someday you’ll start a company, and your meetings won’t work like this.
3.

How to run a meeting. Hopefully, you’ll be running meetings soon. Then you need to understand that the primary purpose of a business meeting is to make a decision. It is not to share experiences or feel warm and fuzzy. With that in mind, here are five key points to learn about running a meeting: (1) Start on time even if everyone isn’t there because they will be next time; (2) Invite the fewest people possible to the meeting; (3) Set an agenda for exactly what’s going to happen at the meeting; (4) End on time so that everyone focuses on the pertinent issues; (5) Send an email to all participants that confirms decisions reviews action items. There are more power tips for running good meetings, but if you do these five, you’re ahead of 90% of the world.
4.

How to figure out anything on your own. Armed with Google, PDFs of manuals, and self-reliance, force yourself to learn how to figure out just about anything on your own. There are no office hours, no teaching assistants, and study groups in the real world. Actually, the real world is one long, often lonely independent study, so get with it. Here’s a question to test your research prowess. How do you update the calendar in a Motorola Q phone with appointments stored in Now-Up-To-Date? (I’ll send a copy of The Art of the Start to the first person with a good answer.)
5.

How to negotiate. Don’t believe what you see in reality television shows about negotiation and teamwork. They’re all bull shiitake. The only method that works in the real world involves five steps: (1) Prepare for the negotiation by knowing your facts; (2) Figure out what you really want; (3) Figure out what you don’t care about; (4) Figure out what the other party really wants (per Kai); and (5) Create a win-win outcome to ensure that everyone is happy. You’ll be a negotiating maven if you do this.
6.

How to have a conversation. Generally, “Whassup?” doesn’t work in the real world. Generally, “What do you do?” unleashes a response that leads to a good conversation (hence the recommendation below). Generally, if you listen more than you talk, you will (ironically) be considered not only a good conversationalist but also smart. Yes, life is mysterious sometimes.
7.

How to explain something in thirty seconds. Unfortunately, many schools don’t have elevators or else students would know how to explain things in a thirty-second elevator pitch. Think mantra (three words), not mission statements (sixty words). Think time, not money, is the most important commodity. Think ahead, not on your feet. At the end of your thirty-second spiel, there should be an obvious answer to the question, “ So what?” If you can’t explain enough in thirty seconds to incite interest, you’re going to have a long, boring career.
8.

How to write a one-page report. I remember struggling to meet the minimum page requirements of reports in college. Double spacing and 14 point Selectric typewriter balls saved me. Then I went out into the real world, and encountered bosses who wanted a one-page report. What the heck??? The best reports in the real world are one page or less. (The same thing is true of resumes, but that’s another, more controversial topic for unemployed people who want to list all the .Net classes that they took.)
9.

How to write a five-sentence email. Young people have an advantage over older people in this area because older people (like me) were taught to write letters that were printed on paper, signed, stuck in an envelope, and mailed. Writing a short email was a new experience for them. Young people, by contrast are used to IMing and chatting. If anything, they’re too skilled on brevity, but it’s easier to teach someone how to write a long message than a short one. Whether UR young or old, the point is that the optimal length of an email message is five sentences. All you should do is explain who you are, what you want, why you should get it, and when you need it by.
10.

How to get along with co-workers. Success in school is mostly determined by individual accomplishments: grades, test scores, projects, whatever. Few activities are group efforts. Then you go out in the real world the higher you rise in an organization, the less important your individual accomplishments are. What becomes more and more important is the ability to work with/through/besides and sometimes around others. The most important lesson to learn: Share the credit with others because a rising tide floats all boats.

What about freeloaders? (Those scum of the earth that don’t do anything for the group.) In school you can let them know how you truly feel. You can’t in the real world because bozos have a way of rising to the top of many organizations, and bozos seek revenge. The best solution is to bite your tongue, tolerate them, and try to never have them on the team again, but there’s little upside in criticizing them.
11.

How to use PowerPoint. I’ve seen the PowerPoint slides of professors—it’s no wonder that most people can’t use PowerPoint to sell hybrid cars when gas is $10/gallon. Maybe professors are thinking: “This is a one-hour class, I can cover one slide per minute, so I need sixty slides. Oh, and I’ve written all this text already in my textbook, so I’ll just copy and paste my twelve-point manuscript into the presentation.” Perhaps the tenure system causes this kind of problem. In the real world, this is no tenure so you need to limit yourself to ten slides, twenty minutes, and a thirty-point font—assuming that you want to get what you want.
12.

How to leave a voicemail. Very few people of any age leave good voicemails. The purpose of a voicemail is to make progress towards along a continuum whose end is getting what you want. A long voicemail isn’t going to zip you along to the end point of this decision. A good model is to think of a voicemail as an oral version of a compelling five-sentence email; the optimal length of a voicemail is fifteen seconds.

Two power tips: First, slowly say your telephone number once at the beginning of your message and again at the end. You don’t want to make people playback your message to get your phone number, and if either of you are using Cingular, you may not hear all the digits. Second (and this applies to email too), always make progress. Never leave a voicemail or send an email that says, “Call me back, and I’ll tell you what time we can meet.” Just say, “Tuesday, 10:00 am, at your office.”

One last thing: the purpose of going to school is not to prepare for working but to prepare for living. Working is a part of living, and it requires these kinds of skills no matter what career you pursue. However, there is much more to life than work, so study what you love.

Sunday, August 27, 2006

Top 10 Cities.. Any broght a piece of land there


Venture Intelligence Blog: The top 10 Indian cities

THE TOP 10 CITIES
1 MUMBAI
2 BANGALORE
3 DELHI
4 CHENNAI
5 HYDERABAD
6 KOLKATA
7 PUNE
8 AHMEDABAD
9 MYSORE
10 VIZAG


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Saturday, August 26, 2006

A Parent's Letter to My Children in School

*A Parent's Letter to My Children in School
*Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates

*To my children…*

With your return to school, I find myself thinking of how much the world has
changed since I was in your shoes. The world is now a much "smaller"
place—people of all cultures can communicate and travel with ease. You face
great challenges today…just as I did…just as my parents before me. These
words of advice might be helpful:
Recognize that the only limits you face are those you set for yourself
"Be the BEST that you can be"
Recognize that YOU are responsible for your successes and failures
You must earn your way
Strive for excellence…not perfection
See the glass as half-full, rather than seeing it as half-empty
Focus on positives, rather than on negatives
Look to praise, rather than to criticize
Look for ways to succeed, rather than excuses to fail
Commit yourself to constant improvement
Understand how important education is to success
School is the key. Technology rules. You need better skills to
succeed
Learn what is being taught, but most importantly, learn "how" to learn
Develop other information sources to verify, or challenge, what you are
being taught. "History" is routinely twisted or re-written to support a
particular point of view…get other ideas
Treat teachers, administrators, and fellow students as you would like
to be treated
Be the first to say "Hello"
Develop your mind in school, but also develop other skills and
interests, including music, art, and physical fitness…this is where teamwork
develops its roots
Be a well-rounded person
Resist taking "easy" classes
Dig into math, the sciences, and computers…these form the technical
foundation for future success
Study language
Speak and write English correctly
Appreciate other cultures by learning another language
Be honest in your approach to learning
Resist the temptation to cheat—you only hurt yourself
Develop a keen interest in the outside world
Pay attention to the "news"…the "real" world can be very different from
the student world you live in today
Avoid the temptations of alcohol, smoking, drugs, gangs, and
irresponsible personal behavior
Understand the steps you take today have lifelong implications
Choose your friends wisely
Do what you can to make a teacher's job easier, not harder…teaching is
one of the most important, most difficult, and most underpaid jobs in the
world
Participate—but don't be a pain!
Be a friend to all. Extend a hand of friendship to all other students,
regardless of race, creed, gender, or color
Make a special effort to be a friend to those less fortunate than you
As you mature and face new challenges, don't hesitate to discuss with
me what is on your mind…you might learn from the mistakes of others

Recognize how LUCKY you are to live and be educated in this great
country. People from around the world are dying every day trying to get
INTO this country…not out
Don't forget to have fun!
School can be a great time in your life
Experience it
Live it
Enjoy it

Many of these suggestions will be useful throughout your life—learn them
well. I wish you the greatest success in your efforts and hope you find
school both rewarding and enjoyable.

Love,
* Dad*

A Parent's Letter to My Children in School

*A Parent's Letter to My Children in School
*Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates

*To my children…*

With your return to school, I find myself thinking of how much the world has
changed since I was in your shoes. The world is now a much "smaller"
place—people of all cultures can communicate and travel with ease. You face
great challenges today…just as I did…just as my parents before me. These
words of advice might be helpful:
Recognize that the only limits you face are those you set for yourself
"Be the BEST that you can be"
Recognize that YOU are responsible for your successes and failures
You must earn your way
Strive for excellence…not perfection
See the glass as half-full, rather than seeing it as half-empty
Focus on positives, rather than on negatives
Look to praise, rather than to criticize
Look for ways to succeed, rather than excuses to fail
Commit yourself to constant improvement
Understand how important education is to success
School is the key. Technology rules. You need better skills to
succeed
Learn what is being taught, but most importantly, learn "how" to learn
Develop other information sources to verify, or challenge, what you are
being taught. "History" is routinely twisted or re-written to support a
particular point of view…get other ideas
Treat teachers, administrators, and fellow students as you would like
to be treated
Be the first to say "Hello"
Develop your mind in school, but also develop other skills and
interests, including music, art, and physical fitness…this is where teamwork
develops its roots
Be a well-rounded person
Resist taking "easy" classes
Dig into math, the sciences, and computers…these form the technical
foundation for future success
Study language
Speak and write English correctly
Appreciate other cultures by learning another language
Be honest in your approach to learning
Resist the temptation to cheat—you only hurt yourself
Develop a keen interest in the outside world
Pay attention to the "news"…the "real" world can be very different from
the student world you live in today
Avoid the temptations of alcohol, smoking, drugs, gangs, and
irresponsible personal behavior
Understand the steps you take today have lifelong implications
Choose your friends wisely
Do what you can to make a teacher's job easier, not harder…teaching is
one of the most important, most difficult, and most underpaid jobs in the
world
Participate—but don't be a pain!
Be a friend to all. Extend a hand of friendship to all other students,
regardless of race, creed, gender, or color
Make a special effort to be a friend to those less fortunate than you
As you mature and face new challenges, don't hesitate to discuss with
me what is on your mind…you might learn from the mistakes of others

Recognize how LUCKY you are to live and be educated in this great
country. People from around the world are dying every day trying to get
INTO this country…not out
Don't forget to have fun!
School can be a great time in your life
Experience it
Live it
Enjoy it

Many of these suggestions will be useful throughout your life—learn them
well. I wish you the greatest success in your efforts and hope you find
school both rewarding and enjoyable.

Love,
* Dad*

Thursday, August 24, 2006

Inspirational ..

The list is yet to grow, Whatever I am surely proud of these people who ran before the crowd and made a landmark in foreign land. ( Thomas Friendman wont Agree though)


Indira Nooyi,
PepsiCO CEO

Rajat Gupta, McKinsey CEO

Rana Talwar, former CEO of Standard Chartered in London

Arun Sarin, CEO of Vodafone Group

Ajit Jain, a potential successor to Warren Buffett

Thursday, August 17, 2006

Interesting post

Interesting post.

I dont want you guys to agree or disagree with what is over here. But surely its worth a read.

The truth is there is no short cut
Hard work never makes you fail
Greed is good for whatever the reason is ( Whether its for success or for fame or anything)
If you are not different from others you probably end up in being one of them
Have a better self image ( You are only what you think you are)

 Time Online Article

If you are unwilling to fail, sometimes publicly, and even catastrophically, you stand little chance of ever getting rich.
If you care what the neighbours think, you will never get rich.
If you cannot bear the thought of causing worry to your family, spouse or lover while you plough a lonely, dangerous road rather than taking the safe option of a regular job, you will never get rich.
If you have artistic inclinations and fear that the search for wealth will coarsen such talents, you will never get rich. (Because your fear, in this instance, is well justified.)
If you are not prepared to work longer hours than almost anyone you know, despite the jibes of colleagues and friends, you are unlikely to get rich.
If you cannot convince yourself that you are “good enough” to be rich, you will never get rich.
If you cannot treat your quest to get rich as a game, you will never be rich.
If you cannot face up to your fear of failure, you will never be rich.



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Tuesday, August 15, 2006

Indias Real Estate Barrons

Thanks RelianceSEZ



Kushal Pal Singh - The richest Indian and CMD DLF Group.
Landholdings: 1,372 acres
Where: Centred in and around Gurgaon. He is slated to add 2893 acres to his kitty. Their are vast tracts of land held by DLF but we were unable to obtain the details. DLF is developing Large scale housing complexes, Malls and office Parks. Mostly present in and around Guragon(the artificially inflated real estate market, yes call centers alone cannot add value)





Mukesh Ambani
Landholdings: 60,000 acres
Where: 35,000 acres in Maharashtra and 25,000 acres in Haryana under special economic zones. Several stretches of private lands in upscale Mumbai localities are held privately.





Subrata Roy
Landholdings: 20,000 acres
Where: 10,000 acres in Maharashtra under Aamby Valley project and over 100 acres of land in 100 cities across India. His ambitious 100 city project never took off. By the way where is these days ?



Anand Mahindra
Landholdings: 10,000 acres
Where: 9000 acres spread across Maharashtra, Rajasthan and Tamil Nadu for SEZs, 1100 acres in Faridabad. Also Mahindra industrial park in Chennai.





Ajit Gulabchand
Landholdings : 10,000 acres
Where: 10,000 acres of land under an SEZ in Pune and about 1000 acres in and around Thane and Panve.
 


Indian Real Estate ...

India Real Estate Mutual Funds

Now small/retail Indian invetors can also ride the Indian realty boom. Highlights of Subrmanyams article as it appeared on Moneycontrol. SEBI has released gudieliness on Realty Mutual Funds.

Advantages to the investor
Reduction of Risk (single property vs. a portfolio of property)
Smaller amounts can be invested
Easy Redemption
Diversification

However for the savvy investor with good investible surplus, and a high risk appetite the returns from a direct investment in property could be higher. However such a savvy class is in the minority.

Disadvantages to the investor
1. Lack of transparency in deals.
2. Inadequate documentation of history of prices at which deals are struck.
3. Cash element.
4. Legal hassles.
5. Low professionalism.
6. Low regulation
7. Lesser liquidity especially as compared to equity markets
8. The industry could also be a victim of pricing manipulation or fraud
9. Lack of talent appropriate for this industry
10. High transaction costs.
11. Lack of uniformity of laws governing property across many States in India.

Also how will the NAV be calculated ? What are the basis for the same ? It is unclear until someone really hits the market.

NOTE: Till now HDFC & Kotak had realty funds which was only for the high networth individuals(Minimum Rs 5 crores investment was needed with a lockin period of 3 years or 7 years)

Thanks Dalal Street Investor

Monday, August 14, 2006

Is Google cloning Youtube

I recently noticed that google in its new front page dumped Froogle for Google Video ( see it from Internet wayback machine) Old Google page. What does it mean. Of course it transforms in to a lot of traffic. See it here from Hitwise

In apparence its cloning youtube. Try the new google video UI and you will realise it quicker


To see it, view any video (like this one), then replace the URL with “javascript:setCookie(’np’,'old’);window.location.reload();” and hit enter. A yellow-highlighted option to “Try our new page layout” will appear in the top right. Click that and you’ll see the new layout



What does this all mean. Some said that follow the leader. Every one did follow the google for its UI and its searching algorithm. Now its interesting to see that Google is benchmarking some others. What all those engineers cant find is being identified by You tube guys.

Nice to see google adapting to the trendy users and yielding to web 2.0 by adapting and user based contents.

Reference:

Michael Arrington , John Battelle

Thursday, August 03, 2006

Venture Capitalists.. Rethink your idea model..

I wish I could talk more about it. Since the industry is getting heated up and I sincerely Belive that many people play VC for pursuing the passion I dont know how many players are in for money. I am sure of one thing that we can easily distinguish them any way. Thanks Paul and Wall Street Journal

Venture-capital returns are hard to gauge, partly because of the difficulty of putting a value on small, private companies. Cumulative returns for the past six years remain negative, still smarting from the dot-com meltdown. Though they have recovered since then, they are still well below the yearly levels of the mid- to late 1990s, when they sometimes exceeded 50%.

Last year U.S. venture capitalists posted a mean return, including realized and unrealized gains, of 7.9%, according to research firm Cambridge Associates. For the year ended March 31, returns were 13.8%, barely beating the 11.7% gain of the Standard & Poor's 500-stock index.

Investors generally expect outsize returns from venture capital, to compensate for the high risk of investing in start-ups and the lack of liquidity. They can't pull cash out of venture funds as easily as out of stocks or mutual funds.

Wanna chat

Please scroll down and look in to the right side menu.. You will see some thing called as Shout box. Use this to talk with me. I am glad that I am getting a good start as few bankers and VC's among my readers..

Thanks Banker and VC for posting the comment

Wonderful Chicago Trip

Hey Guys!!!

I had a wonderful trip out there in Chicago its really a fun place with lots of Museums , Good and Excellent Restuarants ( Melting Pot). Big buildings Sears Tower John Hancock building. Friends ( Sandip, Anup, James) Cousin ( Navin and Madan). It was damn good.

ps: its kinda expensive up there . Nearly I spend more than $100 every day I was over there.