Wednesday, December 4, 2019

There are no right/ wrong decisions, what you do after taking a decision makes it right or wrong

Sharing an email by one of the batchmates at IITK.
___________________
I spent good time reflecting about what should I write in this email. Thought it might be useful for others too – so sharing it.

Dear Mettlites,

Today is one of the toughest days in my life. It is my last day to be with you all at Mettl. You all have been incredibly important for me in helping me realise my dream of being an entrepreneur and in making me a better person. This is my last opportunity to express how grateful I am to have shared this amazing journey with you all. Words are not enough to convey the deep sense of gratitude I feel.

Last 9 eventful years here have exposed me to numerous situations at work. These moments required me to take calls/ decisions often based on gut. Over time, I had the luxury to see the outcome of these decisions in success and failures. To be more efficient and right in my decisions, I have used this unique experience to make my own guiding principles to manoeuvre personal and professional situations. In this last email, I thought I should share some of these principles uncovering some of my life’s dark events known to very few. You may find some of these principles useful as you navigate your life.

1. Failures are opportunities (How I became an entrepreneur):

I was on a high when I graduated from IIMB (a top Indian B-school). I landed with one of the top jobs from campus at BCG* in Brussels. I believed that I was a prized catch for any organisation. I had great friends, my marriage got fixed, my health was in good shape – I couldn’t have asked for more. Then within 4 months of joining, I was asked to leave BCG. I was told that my performance was so bad that they are fast tracking my exit from 18 months to 4 months. I came back to India looking for another job. The job market here was very tough in 2009. Even after months of trying, I couldn’t get even one interview call. My friends started avoiding me. My planned marriage got annulled. I broke my ankle that took ~12 months to recover. Whatever could go wrong did go wrong. I felt that BCG management was unfair to me, friends betrayed me, my fiancee was super selfish etc. etc. I was really depressed, as nothing worked out. I started doing a lot of self reflection. That’s when I realised that I always wanted to be an entrepreneur. I was passionate about building something of value from scratch. All this while, the razzmatazz of a trophy job, and other things that I was chasing was not what I wanted in life. They were just attractive distractions. Perhaps when you are at the lowest point in your life and nothing seems to be working, is the time to build thought clarity. My biggest failures brought about the biggest success in my life. I therefore believe that failures present great learning opportunities in front of us.

2. Ships are safe in a harbour but that’s not what ships are made for (Listen to your heart):

Imagine yourself to be 55 years of age, a top celebrated CEO, with amazing 8 figure salary (or more). You are fiddling with your Rolex watch, and brand new Mercedes’ keys. You are waiting for a colleague to send a deck for the board meeting tomorrow. It is 8PM, you are tired, you want to call it a day but you can’t. Suddenly you gaze outside the window, see a nearby park where a bunch of people are playing badminton. They seem to be very engaged and enjoying the game. It reminds you that you were once very fond of playing badminton too. You had a chance of getting into the district team. But you chose to attend competitive exam coaching instead. Although you have done super well for yourself, you will wonder if you have made the right decision. While you are rich and famous but you still eat basic food. While you own a Merc – you couldn’t care less. Your bank balance is sizeable but you can’t pursue your interests. You are wondering if it was all worth it.

For most of my life, I have chased societal goals; set by my family, relatives, friends in what they believed successful people should do. I pursued engineering because it seemed like a safe, promising career; did an MBA; chased trophy jobs, top salaries, name, fame etc. I was afraid of being left behind; fear of failure was very high. And I was completely wrong. This quote gave me the courage of chasing my own dreams instead of living someone else’s ambitions. I questioned  what is the use of my education from IIT and IIM, and all my experience and skills. Is it to chase a value function set by my social system. Or is the best use of my capabilities is to help me realise my own dreams. Through this quote I gathered the courage to do what I wanted to do in life – embark my entrepreneurial journey. As I part, I really hope and wish you all to chase and realise your own dreams. It is a short life and before we know it will fly past.

3. Be fair and genuine with people (manage your personal brand):

Recently, I met one of our first investors at Mettl. We were discussing rationale of early stage investing. In the conversation he said that while he was contemplating investing in Mettl he was approached by another of our common friends for funding in his venture. He said that to him the other friend’s plan seemed better but he chose to invest in Mettl because he trusted me more than the other guy.

I think personal brand matters a lot as we progress in our life. People who we are studying/ working with today could be our future investors, colleagues, recruiters, bosses, guides and coaches – you never know. As time passes by the perceived brand becomes even more important. I get referral check calls for several people who I have worked with even 10+ years back and I am sure you get these calls as well. If we are cutting corners at work, doing a shoddy job, not maintaining relationships properly – remember people are watching you.

4. There are no right/ wrong decisions, what you do after taking a decision makes it right or wrong (being decisive in life):

Life keeps bringing us to critical decision making forks. Often there is not enough data available to understand what decision will lead to what outcome. But the situation still requires us to make a decision and move on into uncertainty.

I have had several such decision forks in my life – Mettl’s business plan, starting new product ideas, shelving others that are not working, hiring for important roles, decision to sell Mettl etc. Early this year, I was again at an important crossroad of my life. Whether to continue at Mettl or to move on. I have reared Mettl like my own child. I have seen it grow from scratch to a 350+ colleagues and growing. I have given it whatever I could and gained so much back – super smart colleagues, close friends, productive work etc. Personally it is the best environment for me to be a part of. But I want to start another startup journey someday. The high seas are calling me again and this time I would like to be more prepared, rested and rejuvenated when I start that journey. It is a tough decision but I believe what I do from now on will determine whether it was the right one or not.

I will miss you all terribly. Thank you.

Sincerely,

Tonmoy

PS: Sorry, I am not listing names of people who have done a lot for me. It is a long list and words don’t do justice

* Disclaimer: The purpose of this post is not to try to prove who is right/ wrong and settle score. It is not to settle scores with BCG etc. I think BCG is an iconic company. Some of the brightest and smartest people work there and build stellar careers. I have extreme high regards for BCG.This post is only to share my learnings and the backdrop of all I experienced was important to make the point.




https://1st-principle.com/2019/11/15/my-parting-email-at-mettl/


Monday, February 18, 2019

Swami Vivekananda's Gist of the Gita

In order to remove this delusion which had overtaken Arjuna, what did the Bhagavân say? As I always preach that you should not decry a man by calling him a sinner, but that you should draw his attention to the omnipotent power that is in him, in the same way does the Bhagavan speak to Arjuna. नैतत्त्वय्युपपद्यते — "It doth not befit thee!" "Thou art Atman imperishable, beyond all evil. Having forgotten thy real nature, thou hast, by thinking thyself a sinner, as one afflicted with bodily evils and mental grief, thou hast made thyself so — this doth not befit thee!" — so says the Bhagavan: क्लैब्यं मा स्म गमः पार्थ — Yield not to unmanliness, O son of Pritha. There is in the world neither sin nor misery, neither disease nor grief; if there is anything in the world which can be called sin, it is this — 'fear'; know that any work which brings out the latent power in thee is Punya (virtue); and that which makes thy body and mind weak is, verily, sin. Shake off this weakness, this faintheartedness! क्लैब्यं मा स्म गमः पार्थ। —Thou art a hero, a Vira; this is unbecoming of thee."

If you, my sons, can proclaim this message to the world — क्लैब्यं मा स्म गमः पार्थ नैतत्त्वय्युपपद्यते — then all this disease, grief, sin, and sorrow will vanish from off the face of the earth in three days. All these ideas of weakness will benowhere. Now it is everywhere — this current of the vibration of fear. Reverse the current: bring in the opposite vibration, and behold the magic transformation! Thou art omnipotent — go, go to the mouth of the cannon, fear not.

Hate not the most abject sinner, fool; not to his exterior. Turn thy gaze inward, where resides the Paramâtman. Proclaim to the whole world with trumpet voice, "There is no sin in thee, there is no misery in thee; thou art the reservoir of omnipotent power. Arise, awake, and manifest the Divinity within!"

If one reads this one Shloka — क्लैब्यं मा स्म गमः पार्थ नैतत्त्वय्युपपद्यते । क्षुद्रं हृदयदौर्बल्यं त्यक्त्वोत्तिष्ठ परंतप॥ — one gets all the merits of reading the entire Gita; for in this one Shloka lies imbedded the whole Message of the Gita.

Wednesday, February 13, 2019

https://youtu.be/-DkY6J1vddo

Liked this video!

Tuesday, September 11, 2018

Tuesday, August 28, 2018

Marvan Atapattu

*श्रीलंका* का एक *खिलाड़ी* था,
 उसके दिमाग में बस *एक ही चीज* चलती थी;

✔ *क्रिकेट...*
✔ *क्रिकेट...* और बस
✔ *क्रिकेट...*

🎉अपनी कड़ी *मेहनत और लगन* के दम पर उसे *श्रीलंकन टेस्ट टीम* में डेब्यू करने का *मौका* मिला...

💦 *पहली इन्निंग्स :-* जीरो पे आउट
💦 *दूसरी इन्निंग्स :-* जीरो पे आउट
.
.
टीम से *निकाल दिया* गया...
.
.
*प्रैक्टिस… प्रैक्टिस… प्रैक्टिस…*
.
.
*1st क्लास मैच* में लगातार अच्छा प्रदर्शन किया
.
.
🎉 *21 महीने बाद* फिर से मौका मिला।
.
.
💦 *पहली इन्निंग्स :-* जीरो पे आउट
💦 *दूसरी इन्निंग्स :-* 1 रन पे आउट
.
.
*फिर टीम से बाहर।*
.
.
*प्रैक्टिस… प्रैक्टिस… प्रैक्टिस…*
.
.
☄ *1st क्लास* मैचेस में *हजारों रन* बना डाले; और
☄ *17 महीने बाद* एक बार फिर से मौका मिला...
.
.
💦 *पहली इन्निंग्स :-* जीरो पे आउट
💦 *दूसरी इन्निंग्स :-* जीरो पे आउट
.
.
फिर टीम से *निकाल दिया*;
.
.
*प्रैक्टिस… प्रैक्टिस… प्रैक्टिस…*
.
.
*3 साल* बाद एक बार फिर उस खिलाड़ी को *मौका दिया* गया...
.
.
👉जिसका नाम:- *मर्वन अट्टापट्टू*

*इस बार;*
🌹 *अट्टापट्टू* नहीं चूका...
🌹 उसने *जम कर* खेला...
☄श्रीलंका की और से *16 शतक* और *6 दोहरे* शतक जड़ डाले...
            *और*
☄श्रीलंका का सबसे *सफल कप्तान* बना!

🤔 *सोचिये;*
👉जिसको *दूसरा रन* बनाने में *6 साल* लगा;
👉वो इतना *बड़ा कारनामा* कर सकता है;
👉तो *कोई भी* आदमी *कुछ भी* कर सकता है!

☄कुछ करने के लिए *डंटे रहना* पड़ता हैं;
☄लगे रहना पड़ता है;
☄मैदान *छोड़ देना आसान* होता है;
☄मुश्किल होता है टिके रहना;
☄और जो *टिका* रहता है;
☄वो आज नहीं तो कल ज़रूर *सफल* होता है।

💦 *इसलिए;*
🌹 आपने जो कुछ *पाने* का *निश्चय* किया है;
🌹 उसे पाने की *अपनी जिद मत छोडिये…*

☄ *मन* से किये छोटे प्रयास;
☄ हमेशा बड़ा *परिणाम* देते है...
💐💐

Wednesday, September 3, 2014

Fake Currency Notes: What to do???

Nothing. Just go to the bank and deposit it, it will give you genuine notes!

Recently one of my colleagues deposited Rs. 5 lakhs cash in the bank account and 4 notes of 500 denomination were found counterfeit. The bank called the police, the police took the possession of the fake notes, and then demanded Rs. 5,000 extra, otherwise the person was to be registered with a police case of possessing fake currency notes.

After a call from a member of parliament, the police inspector's demands were reduced to Rs. 2000. "Paise toh main le ke jaaunga",  he declared!. Only after a call then from an SSP that the matter was resolved, but the fake currency notes were torn in anger by my colleague by then, which were returned to him by the police.

Well, now read the news below, now no police case, the bank will give you genuine notes in exchange of the counterfeit currency.

Neither the bank, nor the police, nor my colleague had any idea of this. I just wished that my colleague had had internet in the phone at that time!! phew!

Times of India:

The Reserve Bank of India (RBI) on Friday directed banks to accept all fake notes over the counter from customers and pay them back the full amount.

Wednesday, March 26, 2014

Abraham Lincoln’s letter to his son’s Teacher

Dear Teacher, will you please take him by his hand and teach him things he will have to know, teaching him - but gently, if you can.

Teach him that for every enemy, there is a friend. 

He will have to know that all men are not just, that all men are not true.

But teach him also that for every scoundrel there is a hero, that for every crooked politician, there is a dedicated leader. 

Teach him if you can that 10 cents earned is of far more value than a dollar found.

In school, teach him, it is far more honorable to fail than to cheat. 


(Click 'Read more' below to continue reading)

Amazing, How Google Hires Its Employees!

Was reading this news in Times of India...A top guy from Google on how they hire, what are the qualities they seek in their prospective employees... and was surprised to know what they said...   "GPAs are worthless as a criteria for hiring, and test scores are worthless. ... We found that they don't predict anything"


Am giving some of the excerpts of this interview here. Read the whole of it on the ToI website!

This interview opened my mind on several fronts... it brought a change in me, gave me several new points to think about and incorporate in my life. Gem it is!


-Gaurav.


Excerpts:


1. "GPAs are worthless as a criteria for hiring, and test scores are worthless. ... We found that they don't predict anything."


2. "proportion of people without any college education at Google has increased over time" — now as high as 14% on some teams. At a time when many people are asking, "How's my kid gonna get a job?" I thought it would be useful to visit Google and hear how Bock would answer.


3. For every job, though, the No. 1 thing we look for is general cognitive ability, and it's not IQ. It's learning ability.


(Click 'Read more' below to continue reading)

Sunday, February 9, 2014

This Is Your Life























--------------------------------

Perhaps traveling is something missing in my life....

Sunday, August 18, 2013

Goals: The Secret to Making Your Dreams Come True

In 1963, some behavioural scientists performed an experiment with the graduating class of Harward Business School. They asked the students if they had written down goals for themselves. Their goals for life. For the future. On paper.

A mere 3 per cent of the class had actually written down goals. Yes. Just 3 per cent.

Well, twenty-five years later, the scientists again got in touch with the class of '63. To find out how they had done in their careers. And in their lives.

And guess what?

They found that the net worth of the 3 per cent of the class that had written goals was MORE than the net worth of the rest of the batch. Not just that; the 3 per cent written-down-goalwallahs seemed to be happier, doing what they wanted and leading far more fulfilling lives. 

Incredible. But, I believe, it's true. And it could be true for all of us.

What are your goals? What do you want to achieve? What do you want to be, have, do? In life. At work. In relationships. Whatever it be, write it down. Now. Just write it down. Not later, not tomorrow- now!

And commit yourself to action. Commit yourself to doing what it takes to achieve your goals. Take action. Make sure that everything you do is taking you closer to your goals. 

And finally, take a step today. However small it may be, but take the first step today. If you want to lose weight, walk the 45-minute walk- today! If you want to be the best salesperson, make that extra sales call- today!

You'll see the difference. as the Nike guys would say, just do it.

It takes just three steps.

Step one: Write down your goals.

Step two: Make a commitment to action, to doing what it takes.

Step three: Take the first step. Today!

Come on, make a beginning. You owe it to yourself. And you have nothing to lose.


-----------------------------------------------------------

Reproduced without permission, from the book 'The Habit of Winning' by Prakash Iyer, an IIM Ahmedabad alumnus. I purchased this book sometime back from a book-shop on a bus stand. I would seriously recommend you to buy a copy of this book, it's just awesome, and it can be purchased from the link here.

-Gaurav.

Tuesday, August 6, 2013

What to do if ATM transaction fails?

In October 2009, Phadke withdrew Rs 1,000 from an ATM. After the transaction failed, he withdrew the money again. This time, it was successful. However, his account showed two debit transactions. Though he lodged two complaints with the bank by January 2010, he didn't receive any response.

Phadke chanced upon a Reserve Bank of India (RBI) circular that said that in case of a failed ATM transaction, the bank should refund the money by 12 days or pay a penalty of Rs 100 a day from the day of receiving the complaint. This penalty should be paid directly to the customer's account, without the customer asking for it, the circular said. When Phadke showed this circular to the branch manager, he immediately got Rs 1,000 against the failed transaction. Subsequently, he filed an RTI application with the details of the RBI circular, following which the bank paid him Rs 6,500, the penalty for the delayed payment for the failed transaction.

Using RTI, Phadke secured similar information from three banks that hadn't paid compensation to customers. He says the amount runs into crores of rupees.

http://www.business-standard.com/article/pf/resolve-your-problems-with-the-right-rti-application-113080500050_1.html

Friday, August 2, 2013

This post I have taken from Facebook. It is very good to know the info given in it.

-Gaurav.


--------------------------------------------------------------------------------------

We had been to several restaurants recently. I observed that "service
tax" was being misused in the way it was being charged to customers.

Let me give an example.
- - - - - - - - - - - - - - - - - - -

Food and Beverage = Rs. 1000.00

Service Charges @ 10% = Rs. 100.00

Service Tax @ 4.94% = Rs. 54.34 (on F&B + Service Charges)

VAT @14.5% = Rs. 145.00

Total = Rs. 1299.34


As per the definition - "Service Tax can be charged ONLY for the

services provided to the customer".


Now, see what is happening here in the above example.


Service Tax should be charged only on the Service Charge amount i.e
Rs.100 ONLY, and NOT on the entire amount (1000+100).

In this example, the customer should be charged only Rs 4.94, whereas
he has been charged Rs. 49.00 extra.

I now have 3 to 4 restaurant bills, but for which I have paid only the
service tax on the service charge and NOT on the total amount.

Solitude, and Inner Voice


Sunday, June 23, 2013

Kailash Kher, About Meerut

आप मेरठ से हैं। वहां के मशहूर नौचंदी मेले में गाने का मौक़ा मिला है?

दो बार बुलावा आया, लेकिन अस्पष्टता के कारण बात बन नहीं पाई।.....   नौचंदी मेले का बड़ा नाम है, और मेरा जन्म भी मेरठ का है, तो दिल से चाहता हूं कि मैं वहां जाकर गाऊं।


प्रेरणास्रोत कौन है?

मेरे मां-पिताजी जिन्होंने साधारण होते हुए भी असाधारण जीवन जिया है। मेरे पिता ऐसे गांव में जन्मे, जहां हर दूसरा इंसान गुस्से में होता है, किसी-न-किसी कुंठा में रहता है, और हर तीसरा आदमी अपराधी है। लेकिन पिताजी की ऊर्जा अलग थी। उन्हें बहुत सम्मान मिलता था।



Link

Tuesday, June 18, 2013

Two magical stories from Rural India

Two magical stories from Rural India. Both are from Maharashtra, the karmabhumi of Anna Hazare.


-Gaurav.

---------

1. A village with 60 millionaires! 

Once impoverished and drought-prone, Hiware Bazar in Maharashtra is a shining example of how a visionary leader can use good governance to make degraded areas resource-rich and transform the future of its people through empowerment and inspiration.

Such success stories abound in this village that has 235 families and a population of about 1,250. In 1995, the monthly per capita income was around Rs. 830. Now, it has crossed Rs. 30,000.

In the mid-1990’s, milk production was just about 150 litres a day. It has touched over 4,000 litres a day today.



2. How a single man can create a revolution

Lokhande reckoned early on that village youth placed a premium on computer literacy and the acquisition of general knowledge. Accordingly, he asked individuals and companies to donate their old computers which he then installed in village schools. Close to 70,000 schools have benefited from this project so far.

He also started rural libraries with contributions from well-wishers — whom he calls 'non-resident villagers'. The books cover a range of subjects — from folk tales to science, from history to how-to-do-it manuals, from biographies to the wonders of the world. Within less than two years he has opened well over a thousand rural libraries.


http://blogs.timesofindia.indiatimes.com/talking-terms/entry/beyond-the-breaking-news

Exemplar initiative in RTI by AMU



An excellent initiative by A.M.U. M.B.A. program. Hats off to Dr. Javed Akhtar and the team.

In March 2013 also there was a very big seminar on the use of RTI in AMU. I was there at Aligarh that time but could not attend it that day, unfortunately.

Saturday, March 2, 2013

Rumi, one of the greatest poets

This is how it always is when I finish a poem. 
A great silence comes over me,
and I wonder why I ever thought 
to use language !

@[64655903184:274:Rumi]

This is how it always is when I finish a poem. 
A great silence comes over me,
and I wonder why I ever thought 
to use language !

Rumi
------------------


I once had a thousand desires,

But in my one desire to know you
all else melted away.

Rumi


Photo: I once had a thousand desires,
But in my one desire to know you
all else melted away.

Rumi


----------------





Instead of resisting to changes, surrender. Let life be with you, not against you. If you think “My life will be upside down” don’t worry. How do you know down is not better than upside?

~ Shams Tabrizi



Photo: Instead of resisting to changes, surrender. Let life be with you, not against you. If you think “My life will be upside down” don’t worry. How do you know down is not better than upside?

~ Shams Tabrizi




http://www.facebook.com/mevlana?ref=stream

Tuesday, February 19, 2013

Bicycles, and Rural Poverty

I am happy that some of my work done around 2008 on potential of bicycles in India to alleviate rural poverty now fetches about 1500 results on google, and has been quoted by many wikipedia pages concerning poverty alleviation and bicycles.

Visit www.bicyclepotential.org for that, and here's a link to my previous blog for that.

The next step should be to convince the micro-finance institutions in India and Bangladesh to adopt bicycles also as their main tool in alleviating poverty.

God, when would you give me time to do so? Are you so insensitive...  :-)  ?

Wednesday, January 23, 2013

Rahul Gandhi after being made Vice-President of Congress


"Last night everyone congratulated me.  Many of you came and hugged me and congratulated me.  Everybody congratulated me.  But last night my mother came to my room and she sat with me and she cried.  Why did she cry?  She cried because she understands that the power so many seek is actually a poison.  She can see it because of what it does to the people around her and the people they love.  But most importantly she can see it because she is not attached to it.  The only antidote to this 
poison is for all of us to see it for what it really is and not become attached to it.  We should not chase power for the attributes of power.  We should only use it to empower the voiceless"


"Direct cash transfer is going to allow us to respond to these dreams with an empowering delivering system.  My father used to speak about 15 paisa to the rupee reaching the people and we today are preparing the system that is going to  answer that question.  We are going to answer that question. And 99% of our people’s money can go to them. It is a revolution  that no other country has done.  And we are preparing that revolution."


-Having been a deadly fan of Rahul Gandhi for a long time and then being completely disillusioned with him after the U.P. debacle, 2G and the lokpal, it was good to read his speech recently.