Himanshu had a thought provoking moment when a long time friend wanted to invest in one of his ventures. It brought home for him the question of how you can be an opportunity to others. The answer lies in providing what others are looking for, i.e., be of value to them. On the flip side, you need to do the same to recognize value in others and build relationships. The two work together to increase your capacity. more…
Leadership and Mythology #2: The mystical and co-opetition
Can you compete and co-operate with somebody at the same time? If you are having difficulty with this concept, think about Apple, Microsoft, Google, Intel, Yahoo, etc. Do they only compete, or sometimes co-operate too? To be an effective leader, you have to balance competition with co-operation. more…
Guy, donning his new business owner hat, has to take charge and take action. He had to deal with an employee performance issue and concludes that bearing short term pain is good for the long term gain. Of course, dealing with employees is an art and science – there are way too many considerations in play. But ultimately, it all boils down to the question: Is the employee pulling his or her weight and, are you getting your value for the money you pay them. more…
Flexible Focus #2: Are goals traps or opportunities?
Goals are overrated. Yes, you read that right. In the western world, there are several traditional ways people think of goals and work towards achieving them. Following them, you either miss the big picture or miss the details or simply follow a beaten path. Flexible focus, epitomized by the Mandala Chart, is the product of eastern spiritual thinking. It is a philosophy that enables you to be free of your goals. You are not goal free, but you approach them in a detached manner that removes your bondage to your goals. more…
Author’s Journey #22: Use one sheets to sell books and build your profits
One sheets are single page, 8 ½ by 11-inch, marketing documents used by authors to promote their books and build their profits by attracting speaking invitations and promoting their coaching and consulting services. In this post, Roger tells you all you need to know to create one sheets. more…
Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.
We all have opportunities knock on our doors every now and then. Some might feel they have fewer than others and that might be true to some extent; but I’ll go out on an arm and a leg and claim that we all have our fair share of opportunities in our lives. The differentiating factor is how many do we make the most of. The genesis of this post was from a discussion I was having the other day with my fellow co-founder (Active Garage), Deepika Bajaj. We were talking about a dear friend of mine who is interested in investing in one of my ventures. My perspective in the conversation was that one of the key factors of my friend’s willingness to invest was the fact that it was ME who was involved and not entirely the venture. Put another way, what I was saying was simply that “People Invest in People”!
Although Deepika agreed with me on that, she offered another perspective that resounded with me at a level that compelled me to write this post! This is what she said to me:
“Yes. I agree. Your friend is investing in you but this opportunity would not have come about had you not taken the step to get out of your comfort zone and started your venture. Your friend has been your friend for a long time, and probably has had the resources to invest for a while now. However, what was missing was that you did not have an Offer in which he could consider investing in, until now. And once the offer showed up in your life, so did your opportunity!”
The not-so-obviousness of the above dialogue got me! We go about in life without realizing the number of opportunities we have in our lives, around us, all the time. We go about saying to friends, family and countless people that this is not for us and that we are happy wherever we are. What we do not pay attention to, or notice, is that even within this close network, we have opportunities that have the ability to lift the entire community (family, friends, all of it) with us! Yes, opportunities do have a strange way of showing up in our lives. They show up (or manifest themselves) through our offers. It follows that though we (and this is the obvious part, now) do not have control over the opportunities that will come our way, we do have absolute control over the number of offers we have – which (if I look at the flip side of the coin) are really opportunities for others!
The Question to ask
Suddenly, the question to ask transforms from an elusive “How to avail opportunities that you cannot see?” to a more fathomable “How do you become an opportunity for others?”
Here are the top 3 answers:
Feel good factor: Are you in relationships that only make you feel good OR is there a real value in the way you mutually help each other?
Be a student: Learn something new, today. Everyday. If you do not have enough offers then the place to look is lack of education.
Build capacity: By building powerful relationships you essentially build capacity to do more.
… and last but not the least, while you go about doing all this, don’t forget to have loads of FUN along the way!
Technology has made it possible to be connected at all times and it’s getting easier everyday. Falling into this trap can cause stress. Deepika suggests some ways to help you overcome the social media stress. more…
Leadership Cancers #4: Adrenaline and testosterone
If you don’t plan, you have to react. In some environments, reaction is the modus operandi and it becomes the culture. Ability to react quickly is a virtue, but if that is the way of life, it causes serious problems. The solution is to plan. If you plan properly, your project will have greater flexibility at a lower cost. Of course there will be detractors and their common refrain is it is a luxury to be able to plan. They are wrong. more…
With a family to support, leaving a secure job in corporate America to pursue the dream of entrepreneurship in the worst economic conditions in recent memory takes guts. Guy has done it! He says he could not have done it without the help of others – Business Partners, Industry Knowledge Partners and of course support from family and friends. Moral of the story is don’t try to be the lone ranger. Getting all the support you need is crucial for your success. more…
When people get what they want, it is not magic or miracle. They ask. Unless you let your intent be known, you will not get what ever it is you are looking for. From the outside, it may look like some people are lucky. Not true. Luck is what happens when opportunity meets preparation. more…
Author’s Journey #16: Attracting the right literary agent
One of the most important steps in your journey to a published book is to attract the attention of the right literary agent. The old “shotgun approach” which is very inefficient and will not get the desired results. Branding is the new way that will make the agents seek you. Read this article to find out examples of the “new way”. more…
Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.
Have you ever been in a situation where you were going to ask for that elusive raise, but did not? Ever been in a situation where you wanted to ask for that extra day of vacation and decided not to? Or that time when you wanted to ask … well! you get the point.
Here’s the thing about asking. Without the act of asking, the world around you simply does not know what you want. Now, I am not saying that by the simple act of asking, you will get what you want. No. Chances are… 9 out of 10 times you won’t because you are probably not very skilled at asking. Even so, what will happen is that the people around you will know what you want… regardless of whether you can get what you are asking for at that time or not. Eventually, there comes a time when you have something they need… and they know the point at which to align with you… and they offer you that. This is where magic happens!
Here’s a small story that speaks to this point:
A friend of mine bootstrapped a company with a couple other partners who said they all would invest some money together, over a period of time. Another friend of theirs wanted to join the company, was willing to invest but was told that he could invest but could not participate as part-owner since he joined a little later. This did not bode well with this fellow and he stuck to his guns aligning the group with what he wanted – to participate in contributing to the business as one of the part-owners. This request was met with repeated declines for more than 2 years… and then the magical moment came. Not all of the original partners could fulfill their commitments of investing what needed to be invested & guess who the remaining partners went to, to fill the gap? Yep! The same friend of theirs who had been consistently asking what he wanted.
Of course, most of the people called this friend of theirs “Lucky”. Reminds me of the popular saying:
Luck is what happens when opportunity meets preparation
Opportunity knocked on their friends door in the form of the investment needed to keep running the business; Preparation happened all the time with the standing request of participating in the business not as a passive investor but as a player!
One of the quickest lessons I learned as an entrepreneur when I started Active Garage was not to hold back & ask. “What’s the worse that will happen”, said our mentor, Rajesh, “People will say NO or maybe they won’t respond. What have you got to lose?” … and armed with that piece of advice, I asked away. There were more “No’s” than “Yes’s” that came my way but here’s a little secret that they won’t tell you… the No’s have been far better teachers to me than the Yes’s… as they created powerful opportunities for me to grow… and I have a very strange feeling that Rajesh knew that all along!
Oh! … and did I mention you can get all this, too if you just simply STOP holding back and START asking for what you really want!
Not all customers are created equally. While some are very rewarding to work with, others are a drain on your resources. We need to pick them wisely and conserver our resources to fight the good fight. When you see your competitors taking on high maintenance clients, remember Napolean Bonaparte’s quote: “Never interrupt your enemy when he is making a mistake”. more…
Change Management #7 – Products: A tip to assure Darwinian survival
In this concluding post of the seven-part series, Gary draws a parallel between Darwin’s theory of natural selection and product management. Gold plating requirements and succumbing to feature creep will ensure failure and end up the dodo way. But following the natural selection way will ensure survival. more…
You are measured by your ability to keep your commitments to others. This is possible only if you possess the integrity. It is easy to understand the concept of integrity in physical structures and Himanshu provides a couple of examples in this article. Just like the lack of integrity will cause a structure to collapse, lack of integrity in your life will cause it to collapse. The bollywood actor’s dialog may help you maintain your integrity – he says “Once I make a commitment… I don’t even listen to myself”. more…
First off, hearty congratulations to Guy for taking the leap in to entrepreneurship. We wish him the best in his new endeavor.
Reflecting upon how he was able to make the transition to his new career, Guy credits the power of networks for his ability to make such a drastic change. Luck does not come calling, but is a factor of who you associate with. Associating with the right tribes and creating an identity that is portable across tribes, is essential component of success. So, get started and make some noise, tweet, call someone – get out there and pick your opportunity – Dance for your tribe!more…
Author’s Journey #12: How to create a content plan for your book?
Before you can write your book, you need to create a content plan for your book. Mind mapping makes it easy to identify and organize your ideas. In this article Roger explains how he used a three step process to successfully create a content plan for his book using Mindjet’s MindManager and Microsoft Word. more…
Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.
I have to prepare you, the reader, before you watch the video that goes along with this post. This is from a hit bollywood movie “Wanted” (which I found particularly cheesy and a bit in the spirit of the gladly forgotten 90′s era when bollywood unfortunately, had forgot how to make good movies). Though the movie was a typical masala movie, this particular dialogue from the movie had hit me just as intensely as the hero (Salman Khan) hits pretty much everyone throughout the movie.
So, what’s a bollywood promo for a movie I found quite cheesy doing on Active Garage? It obviously has a message that applies very closely to business, life and the business of life!
Before I go into that… take a look at the promo first:
Wow! That was Intense!
Translation: The translation of the single dialogue from the promo is:
“Once I make a commitment… I don’t even listen to myself”
I was quite moved by the simplicity and the power of this sentence. Imagine a world where everyone makes commitments and don’t even listen to themselves, if it means breaking them. Imagine a world where people keep their word at every cost. There is no “Sorry for being late… “, no “The dog ate my homework… ” or “I did not think it was that important”. How much easier would it become to work with customers, employers, employees and colleagues! Welcome to the land of Integrity!
There are a few definitions of integrity but the most powerful one is “The quality or state of being whole or complete”.
Consider a couple of examples to clarify this definition:
When we say a bridge has integrity, we trust that it is functional. That is to say that we trust it to the function as someone has said it will be OR in other words, when the builder declares that a bridge is ready, traffic (buses, trucks, cars etc) can cross over and reach the other side safe and sound. That’s integrity.
When we say an airline has integrity, we trust that it is functional. That is to say that you and I trust it enough so that we will put ourselves at 30,000 feet above ground in a metal cylinder powered by jet engines and enjoy the ride to the other side of the world safely (and hopefully in time!). That’s integrity.
Consider the lack of integrity (and its consequences) in these two examples:
Bridge: Even a single brick being lose or a beam not properly constructed can cause havoc in the lives of thousands if that results in the bridge collapsing – that is the price of lack of integrity in this situation.
Airline: A single oversight in the routine check of the millions of mechanical parts of an airplane can mean unthinkable consequences.
Consider the possibility that we, as individuals, bring this very same concept of integrity to our daily lives, our workplaces and everywhere else with how we show up in this world. You’ll notice that in all the domains of your life, people relate to you the way you show up as (i.e. how you act) with the background of who you declare yourself to be (your word) – and always make the assessment of trust based on if you keep your word or not.
Note: Special thanks to Landmark Education for providing me with the distinction of Integrity.
We’ve all heard this many times in our workplaces – “The customer is always right” and “All customers are equally important”. Well… I am going to challenge these in this post and will focus more on the latter one. This topic came up in one of my recent conversations with a publishing industry thought leader, Gordon Tibbitts, President, Atypon Systems where both of us were talking about the capacity of individuals and the choices we, as individuals, have to make in order to utilize our limited capacities effectively. At a point in the conversation Gordon said “You know what Himanshu, before you fight them… you have to choose your battles wisely”. One might ask how do you qualify what’s wise Vs. what’s not and the quick answer is – One that you think will produce the results you are after is the wise one to take.
Not all customers are made equal. Some customers are very rewarding, whereas some are pretty much a drain on your resources. For instance, I had a customer once who did not understand the value of Quality Assurance; as a result of that they did not have a clear QA management, a QA team or even any QA processes. The impact of that alone was that the project had many delays and not only impacted the customer in a negative way but even the vendors (us being one of them) felt the reverberations of the impact to a point where it affected (negatively) our bottom-line. If someone were to ask me about if the customer was a beneficial one for us as a vendor, the answer would, most unequivocally, be a resounding NO. These are the kind of customers that you don’t want!
Another very insightful point that Gordon made during our conversation was that it is a good thing not to ruffle any feathers if you see your competitor serving a high cost client. What made this insightful for me was the observation that Mr. competitor would face a lack of capacity if they are busy servicing high cost clients, and you don’t want to burn the midnight oil to get these clients from your competitors as this would almost be counter-intuitive to your productivity (and you’d be helping Mr. Competitor, too).
“Never interrupt your enemy when he is making a mistake”
I’d like to acknowledge Mr. Tibbits for the pearls of wisdom he shared with me and I am more likely (than before) to think twice (or maybe even thrice) before I choose where I invest my resources… and I suggest you do, too!
Poker is about making wagers. You need to pay up to get in the game and which table you play depends upon how much you want to ante up. Life and business are no different. Evaluate what table you are sitting at. If the potential payout is not going to help you reach your goal, you need to quit that table you are at and move to a table where the payout is large enough. Quitting is easy to do, but make sure you have the required skills to play at a high stakes table. more…
Change Management #6 – Processes: Two tips for refereeing business rule changes
To say that bringing change to an organization will be challenging is a gross understatement. You may feel like Sisyphus rolling the huge rock uphill only to see it roll back down again. Your success at this is predicated on two components: What to do and How to do it. more…
Are you moving forward or drifting in your life?
by Vijay Peduru, Mar 3, 2010
If you examine your life, you may find areas which are not the way you want them to be. For instance, you may be stuck at the same position in your career. If you analyze why, you will find out that you are simply reacting to situations and not producing the situations you want to be in. You can rectify this if you learn how to be the “cause in the matter”. more…
Social Media and making a $1 Billion movie: Avatar
Avatar is a phenomenal movie and it is setting a new standard for movie makers. Nevertheless, Social Media had a role to play in its box office success. Avatar, through its own Facebook and Twitter pages spread the word all over the web. The red carpet premier was broadcast live to web audience. These were capped by the interview the movie director, producer and the lead actors gave on MTV.com in which they took questions from internet fans. That is Social Media for you! more…
Writing is a craft and yes, writers need the right tools too. Apart from a variety of low-tech tools you can get at office supply stores, writers need some high-tech tools like Mind mapping tools, Keystroke substitution software and speech recognition software. You also need to gain mastery of the word processing program you use. Read the article and take a free online evaluation to test your knowledge. more…
Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.
If you have ever played poker (and I know there are many experts out there who can beat me hands-down belly-up!), you know what ante is. Simply put, it’s the wager you have to bet without an inkling of the hand that has been dealt to you or in other words It is the wager that you have to bet that simply qualifies you to ‘play’ in the game. Then there are many tables, each table with different stakes. You can choose which table you want to sit at and play on depending on how much money you have.
Business is very similar to poker. It requires us to wager something – an ante before we even have an inkling of the hand that is dealt to us. Think about the investment you have to make in order to bring a product to market or start your next entrepreneurial venture or even the new job that you get. In each of these situations there is this pesky ante that you cringe to put down but have to put down in order to play on the table! Here’s how the ante appears in each of these situations:
Bringing a product to the market: You put your time, money (maybe not yours!) and energy as ante in building the product, doing your market research & getting help from others.
Starting your entrepreneurial venture: Your ‘skin-in-the-game’ is pretty much your ante here.
Getting a new job: You apply for your dream job, excel in that interview, land the job and within 2 months realize that what you’re doing is nothing like what you had imagined you’d be doing (Err.. I mean this in a negative way). In this case, all the effort that you put in to the point where you started the new job is your Ante.
My point so far: There is an ante in every game you play (Business being a game, too… )
Here’s the golden question: Is the table you are sitting at (which basically determines what ante you put) is the right table for what you want to achieve?
Consider this example: You are 45 years old & have plans of retiring with $4M in your bank account at the age of 65. You currently have $1M saved up. You make $100K a year. That’s a gap of $3M you have to cover in 20 years. You don’t need to be a math whiz to notice that it is impossible to get to this number with what you are making currently – You are basically sitting at the wrong table! because regardless of how well you play at this table, you’re never going to make your goal of $4M!
So you figured out that you’re sitting and playing at a table where no matter how well you play (heck! you might be the best player) you’re still not going to make it to your goal.
Now what?
Before you decide to take the leap of faith and move to the high-ante table, be aware that as you move up to the high-ante, the competition gets thick too. The players at the high-ante table are no pushovers. In fact, one mistake there and they’ll wipe you out before you know what hit you! So, yes – by all means, quit playing at the table where you are not going to make it BUT continue playing at the low-ante table until you are Skilled enough to move higher up and be the best player at the high-ante table!
… and of course, the last piece of advice and perhaps the most important to remember – Know when you have made it to your goal, get up from the table and go play a new game!
Social media is still not widely utilized in the business world. Organizations are resistant to deploying them because they either don’t see a value for it or they feel their employees will be distracted by them. The reality, their opinions don’t matter. Social media is here to stay. The earlier they realize that it is simply a channel for having online conversation, the better it is for them. more…
Change Management #3 – Technology: Too Good To Be True… Two Deadly Misconceptions and Their Remedies
One of the biggest misconceptions of all time is that technology solves problems. Nothing can be further away from the truth. On the contrary, people solve problems and technology aids in building the solution – it is just a means to an end. The second and less visible but equally important misconception is that technology will somehow change people’s fundamental behavior like sense of responsibility, cooperation, etc. When implementing change we need to be cognizant of the networks and political structures in the organization. With change, the concern for self increases and even small changes can cause disproportional increase in stress and will cause unpredictable behavior. Technology is an amplifier. Applied properly, it can make a good situation better. Misapplied, it can make a bad situation worse. more…
The world is shrinking fast and the pace of communication is increasing proportionally. Even in the online world, it is easy to misunderstand or misconstrue what the other person means. You may be thinking about the same thing and expressing them differently or vice versa. Guy has brilliantly illustrated this through a few examples. This pitfall gets amplified in the online world. So, be extra cautious and make sure you don’t miss opportunities because of it. more…
Intimacy and Social Media? Hmm… What’s the connection? We don’t typically these words used in one sentence. But, think about it. This is what social media is. It brings us closer together with our friends and acquaintances. We are able to check on them every day, learn what’s happening in their world and provide support, guidance or empathy. Your online presence is an online YOU. It is just like seeing yourself in the mirror. This let’s you be more intimate with yourself! Online media is an amplifier of the social nature of human beings. more…
Author’s Journey #8 – How much of your book have you already written?
If you have been in your profession for a while, you will be surprised to know how much content you already have. Just dig into your hard drive and check your emails, memos, reports, blog posts, etc. After you have located existing content, consolidate them so that you can identify their usability and where they belong in your book. This will help you realize that book writing does not have to be an all consuming endeavor. more…
Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.
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