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	<title>Active Garage &#187; himanshu jhamb</title>
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		<title>The trap of entertainment!</title>
		<link>http://www.activegarage.com/the-trap-of-entertainment</link>
		<comments>http://www.activegarage.com/the-trap-of-entertainment#comments</comments>
		<pubDate>Mon, 06 Sep 2010 07:05:51 +0000</pubDate>
		<dc:creator>Himanshu Jhamb</dc:creator>
				<category><![CDATA[Leadership]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[attitude]]></category>
		<category><![CDATA[character]]></category>
		<category><![CDATA[complaint]]></category>
		<category><![CDATA[consequences]]></category>
		<category><![CDATA[constant complaints]]></category>
		<category><![CDATA[entertainment trap]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[organization]]></category>
		<category><![CDATA[organizational success]]></category>
		<category><![CDATA[personality]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=7137</guid>
		<description><![CDATA[On a recent business trip to New York, I was presented with a unique opportunity in a most unexpected way. I was going through my day like clockwork – attending client calls, leading my team through the initial stages of a big project &#38; in and out of meetings – when a colleague of mine [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: left; margin-right: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.activegarage.com%2Fthe-trap-of-entertainment"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.activegarage.com%2Fthe-trap-of-entertainment&amp;source=activegarage&amp;style=normal&amp;service=bit.ly" height="61" width="50" /><br />
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<p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/entertainment-trap.jpg"><img class="alignright size-full wp-image-7139" title="entertainment-trap" src="http://www.activegarage.com/wordpress/wp-content/uploads/entertainment-trap.jpg" alt="" width="288" height="192" /></a>On a recent business trip to New York, I was presented with a unique opportunity in a most unexpected way. I was going through my day like clockwork – attending client calls, leading my team through the initial stages of a big project &amp; in and out of meetings – when a colleague of mine came into my office and started talking about leadership. The conversation started with my colleague sharing his opinions about how leadership had been assumed in the past (in our organization), rather than earned… and soon went further into other undesirable facets of the company that had plagued the organization.</p>
<p>Before I knew it, the conversation took a bit of a negative turn where I observed myself contributing to it as well by going over the undesirable past events… like they mattered! I have been in these conversations in the past… they happen all around us; in our homes, in businesses and even in hair cutting salons! I have, inadvertently, been an active participant in these conversations for hours together and in the end, always come out feeling a little “better”, but there has always been an accompanying feeling that something still wasn&#8217;t right.</p>
<p>I boil down this feeling to the nature of &#8220;complaints&#8221;, especially the ones that are repeated. It is important to notice that whenever we complain about the same thing repeatedly, without attempting to change the way we act – we are usually getting some “juice” from our complaint – which is, in a very weird way, ENTERTAINING, to us. What’s worse is, this is something we humans get simply hooked to! … And this, my friends, is what I call <strong><em>The Trap of Entertainment</em></strong>.</p>
<p>Think about it – Have you ever caught yourself in an argument that started with a complaint, lasted more than 30 minutes and you forgot what you were arguing about … while you still continued to argue? Why did you do that? There is some Entertainment you are getting from the situation – it’s important to note that though this might be entertaining, it is dangerously so. Why? Because the consequences are usually not so entertaining!</p>
<h2>How does one get out of it?</h2>
<p>So, given that it is natural to get into this, how does one go about getting out of this? Here are 4 questions that would help:</p>
<ul>
<li>What can we learn from the past mistakes so that the same situations do not happen again?</li>
<li>What can we do NOW to make sure that the complaint we have of others in the past – Others do not have that same complaint of us in the future?</li>
<li>How can I make a positive difference to the other person’s life RIGHT NOW, in this conversation?</li>
<li>How can I provide VALUE to this conversation without getting sucked into sharing my opinions about the past events?</li>
</ul>
<p>Avoid the entertainment trap by guiding your conversations with others with the help of these four questions and see how things start turning up for you… and share how it goes for you!</p>
<p>&#8212;</p>
<p></p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg"><img src="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg" alt="Himanshu Jhamb" title="Himanshu Jhamb" width="110" height="100" class="alignleft size-full wp-image-515" /></a>This article was contributed by <b>Himanshu Jhamb</b>, co-founder of <a href="http://activegarage.com">ActiveGarage</a> (The company behind <a href="http://99tribes.com">99tribes</a>) and co-author of <a href=" http://amzn.to/a0YWRO">#PROJECT MANAGEMENT tweet</a>. You can follow Himanshu on Twitter at <a href="http://twitter.com/himjhamb">himjhamb</a>.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Week In Review &#8211; May 16 &#8211; May22, 2010</title>
		<link>http://www.activegarage.com/week-in-review-may-16-may22-2010</link>
		<comments>http://www.activegarage.com/week-in-review-may-16-may22-2010#comments</comments>
		<pubDate>Sun, 23 May 2010 18:56:29 +0000</pubDate>
		<dc:creator>Magesh Tarala</dc:creator>
				<category><![CDATA[Business Strategy]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Flexible Focus]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Writing for Business]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[gary monti]]></category>
		<category><![CDATA[Guy Ralfe]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[http://activegarage.com]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[mandala chart]]></category>
		<category><![CDATA[roger parker]]></category>
		<category><![CDATA[william reed]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=6251</guid>
		<description><![CDATA[How to avail of opportunities that you cannot see? by Himanshu Jhamb, May 17, 2010 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 [...]]]></description>
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<h2>How to avail of opportunities that you cannot see?</h2>
<p>by <a href="http://www.activegarage.com/about">Himanshu Jhamb</a>, May 17, 2010</p>
<p>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. <a href="http://www.activegarage.com/how-to-avail-of-opportunities-that-you-cannot-see">more&#8230;</a></p>
<h2>Leadership and Mythology #2: The mystical and co-opetition</h2>
<p>by <a href="http://www.ctrchg.com/">Gary Monti</a>, May 18, 2010</p>
<p>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. <a href="http://www.activegarage.com/leadership-and-mythology-2-the-mystical-and-co-opetition">more&#8230;</a></p>
<h2>Performance Procrastination</h2>
<p>by <a href="http://www.activegarage.com/about">Guy Ralfe</a>, May 19, 2010</p>
<p>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 &#8211; 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.  <a href="http://www.activegarage.com/performance-procrastination">more&#8230;</a></p>
<h2>Flexible Focus #2: Are goals traps or opportunities?</h2>
<p>by <a href="http://www.williamreed.jp/">William Reed</a>, May 20, 2010</p>
<p>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. <a href="http://www.activegarage.com/flexible-focus-2-are-goals-traps-or-opportunities">more&#8230;</a></p>
<h2>Author&#8217;s Journey #22: Use one sheets to sell books and build your profits</h2>
<p>by <a href="http://www.publishedandprofitable.com/">Roger Parker</a>, May 21, 2010</p>
<p>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.  <a href="http://www.activegarage.com/authors-journey-22-use-one-sheets-to-sell-books-and-build-your-profits">more&#8230;</a></p>
<br />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.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>How to avail of opportunities that you cannot see?</title>
		<link>http://www.activegarage.com/how-to-avail-of-opportunities-that-you-cannot-see</link>
		<comments>http://www.activegarage.com/how-to-avail-of-opportunities-that-you-cannot-see#comments</comments>
		<pubDate>Mon, 17 May 2010 07:05:08 +0000</pubDate>
		<dc:creator>Himanshu Jhamb</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[complacency]]></category>
		<category><![CDATA[deepika bajaj]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[learn]]></category>
		<category><![CDATA[offer]]></category>
		<category><![CDATA[offers]]></category>
		<category><![CDATA[opportunity]]></category>
		<category><![CDATA[reflect]]></category>
		<category><![CDATA[student]]></category>
		<category><![CDATA[teacher]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5925</guid>
		<description><![CDATA[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&#8217;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 [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: left; margin-right: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.activegarage.com%2Fhow-to-avail-of-opportunities-that-you-cannot-see"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.activegarage.com%2Fhow-to-avail-of-opportunities-that-you-cannot-see&amp;source=activegarage&amp;style=normal&amp;service=bit.ly" height="61" width="50" /><br />
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<p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/opportunity1.jpg"><img class="alignright size-full wp-image-5942" title="opportunity" src="http://www.activegarage.com/wordpress/wp-content/uploads/opportunity1.jpg" alt="" width="307" height="204" /></a>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&#8217;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), <a href="http://deepikabajaj.com">Deepika Bajaj</a>. 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&#8217;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 &#8220;People Invest in People&#8221;!</p>
<p>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:</p>
<blockquote><p><em>&#8220;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, <span style="text-decoration: underline;"><strong>until now</strong></span>. And once the offer showed up in your life, so did your opportunity!&#8221;</em></p></blockquote>
<p>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 &#8211; which (if I look at the flip side of the coin) are really opportunities for others!</p>
<h2>The Question to ask</h2>
<p>Suddenly, the question to ask transforms from an elusive &#8220;<span style="text-decoration: underline;">How to avail opportunities that you cannot see?</span>&#8221; to a more fathomable &#8220;<span style="text-decoration: underline;">How do you become an opportunity for others?</span>&#8221;</p>
<p>Here are the top 3 answers:</p>
<ul>
<li><strong>Feel good factor</strong>: Are you in relationships that only make you feel good OR is there <span style="text-decoration: underline;">a real value</span> in the way you mutually help each other?</li>
<li><strong>Be a student</strong>: Learn something new, today. Everyday. If you do not have enough offers then the place to look is lack of education.</li>
<li><strong>Build capacity</strong>: By building powerful relationships you essentially build capacity to do more.</li>
</ul>
<p>&#8230; and last but not the least, while you go about doing all this, don&#8217;t forget to have loads of FUN along the way!</p>
<p>&#8212;</p>
<p></p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg"><img src="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg" alt="Himanshu Jhamb" title="Himanshu Jhamb" width="110" height="100" class="alignleft size-full wp-image-515" /></a>This article was contributed by <b>Himanshu Jhamb</b>, co-founder of <a href="http://activegarage.com">ActiveGarage</a> (The company behind <a href="http://99tribes.com">99tribes</a>) and co-author of <a href=" http://amzn.to/a0YWRO">#PROJECT MANAGEMENT tweet</a>. You can follow Himanshu on Twitter at <a href="http://twitter.com/himjhamb">himjhamb</a>.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Week In Review &#8211; Apr 4 &#8211; Apr 10, 2010</title>
		<link>http://www.activegarage.com/week-in-review-apr-4-apr-10-2010</link>
		<comments>http://www.activegarage.com/week-in-review-apr-4-apr-10-2010#comments</comments>
		<pubDate>Sun, 11 Apr 2010 21:55:35 +0000</pubDate>
		<dc:creator>Magesh Tarala</dc:creator>
				<category><![CDATA[BLOGTASTIC!]]></category>
		<category><![CDATA[Business Strategy]]></category>
		<category><![CDATA[Change Management]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Project and Program Management]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Writing for Business]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[Business Management]]></category>
		<category><![CDATA[business planning]]></category>
		<category><![CDATA[deepika bajaj]]></category>
		<category><![CDATA[gary monti]]></category>
		<category><![CDATA[Guy Ralfe]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Rajesh Setty]]></category>
		<category><![CDATA[Roger paker]]></category>
		<category><![CDATA[www.activegarage.com]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5691</guid>
		<description><![CDATA[Social media distress &#8211; 3 ways to destress by Deepika Bajaj, Apr 5, 2010 Technology has made it possible to be connected at all times and it&#8217;s getting easier everyday. Falling into this trap can cause stress. Deepika suggests some ways to help you overcome the social media stress. more&#8230; Leadership Cancers #4: Adrenaline and [...]]]></description>
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<h2>Social media distress &#8211; 3 ways to destress</h2>
<p>by <a href="http://www.deepikabajaj.com/">Deepika Bajaj</a>, Apr 5, 2010</p>
<p>Technology has made it possible to be connected at all times and it&#8217;s getting easier everyday. Falling into this trap can cause stress. Deepika suggests some ways to help you overcome the social media stress. <a href="http://www.activegarage.com/social-media-distress-3-ways-to-destress">more&#8230;</a></p>
<h2>Leadership Cancers #4: Adrenaline and testosterone</h2>
<p>by <a href="http://www.ctrchg.com/">Gary Monti</a>, Apr 6, 2010</p>
<p>If you don&#8217;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. <a href="http://www.activegarage.com/leadership-cancers-4-adrenaline-and-testosterone">more&#8230;</a></p>
<h2>Support for Success</h2>
<p>by <a href="http://www.activegarage.com/about">Guy Ralfe</a>, Apr 7, 2010</p>
<p>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 &#8211; Business Partners, Industry Knowledge Partners and of course support from family and friends. Moral of the story is don&#8217;t try to be the lone ranger. Getting all the support you need is crucial for your success. <a href="http://www.activegarage.com/support-for-success">more&#8230;</a></p>
<h2>Don&#8217;t hold back. Do ask.</h2>
<p>by <a href="http://www.activegarage.com/about">Himanshu Jhamb</a>, Apr 8, 2010</p>
<p>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. <a href="http://www.activegarage.com/dont-hold-back-do-ask">more&#8230;</a></p>
<h2>Author&#8217;s Journey #16: Attracting the right literary agent</h2>
<p>by <a href="http://www.publishedandprofitable.com/">Roger Parker</a>, Apr 9, 2010</p>
<p>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 &#8220;shotgun approach&#8221; 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 &#8220;new way&#8221;. <a href="http://www.activegarage.com/author’s-journey-16-attracting-the-right-literary-agent">more&#8230;</a></p>
<br />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.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Don&#8217;t hold back. Do ask.</title>
		<link>http://www.activegarage.com/dont-hold-back-do-ask</link>
		<comments>http://www.activegarage.com/dont-hold-back-do-ask#comments</comments>
		<pubDate>Thu, 08 Apr 2010 07:05:42 +0000</pubDate>
		<dc:creator>Himanshu Jhamb</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[alignment]]></category>
		<category><![CDATA[ask]]></category>
		<category><![CDATA[bootstrap]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[holding back]]></category>
		<category><![CDATA[magic]]></category>
		<category><![CDATA[partnership]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5666</guid>
		<description><![CDATA[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 &#8230; well! you get the point. Here&#8217;s [...]]]></description>
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			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.activegarage.com%2Fdont-hold-back-do-ask"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.activegarage.com%2Fdont-hold-back-do-ask&amp;source=activegarage&amp;style=normal&amp;service=bit.ly" height="61" width="50" /><br />
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<p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/ask.jpg"><img class="alignright size-full wp-image-5672" title="ask" src="http://www.activegarage.com/wordpress/wp-content/uploads/ask.jpg" alt="" width="307" height="205" /></a>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 &#8230; well! you get the point.</p>
<p>Here&#8217;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&#8230; 9 out of 10 times you won&#8217;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&#8230; 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&#8230; and they know the point at which to align with you&#8230; and they offer you that. <strong><em>This is where magic happens!</em></strong></p>
<p>Here&#8217;s a small story that speaks to this point:</p>
<blockquote><p><em>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 &#8211; 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&#8230; and then the magical moment came. Not all of the original partners could fulfill their commitments of investing what needed to be invested &amp; 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.</em></p></blockquote>
<p>Of course, most of the people called this friend of theirs &#8220;Lucky&#8221;. Reminds me of the popular saying:</p>
<blockquote><p><strong><em>Luck is what happens when opportunity meets preparation</em></strong></p></blockquote>
<p>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!</p>
<p>One of the quickest lessons I learned as an entrepreneur when I started Active Garage was not to hold back &amp; ask. &#8220;What&#8217;s the worse that will happen&#8221;, said our mentor, <a href="http://rajeshsetty.com">Rajesh</a>, &#8220;People will say NO or maybe they won&#8217;t respond. What have you got to lose?&#8221; &#8230; and armed with that piece of advice, I asked away. There were more &#8220;No&#8217;s&#8221; than &#8220;Yes&#8217;s&#8221; that came my way but here&#8217;s a little secret that they won&#8217;t tell you&#8230; <strong>the No&#8217;s have been far better teachers to me than the Yes&#8217;s</strong>&#8230; as they created powerful opportunities for me to grow&#8230; and I have a very strange feeling that Rajesh knew that all along!</p>
<p>Oh! &#8230; 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!</p>
<p></p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg"><img src="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg" alt="Himanshu Jhamb" title="Himanshu Jhamb" width="110" height="100" class="alignleft size-full wp-image-515" /></a>This article was contributed by <b>Himanshu Jhamb</b>, co-founder of <a href="http://activegarage.com">ActiveGarage</a> (The company behind <a href="http://99tribes.com">99tribes</a>) and co-author of <a href=" http://amzn.to/a0YWRO">#PROJECT MANAGEMENT tweet</a>. You can follow Himanshu on Twitter at <a href="http://twitter.com/himjhamb">himjhamb</a>.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Week In Review &#8211; Mar 7 &#8211; Mar 13, 2010</title>
		<link>http://www.activegarage.com/week-in-review-mar-7-mar-13-2010</link>
		<comments>http://www.activegarage.com/week-in-review-mar-7-mar-13-2010#comments</comments>
		<pubDate>Sun, 14 Mar 2010 15:46:50 +0000</pubDate>
		<dc:creator>Magesh Tarala</dc:creator>
				<category><![CDATA[Business Strategy]]></category>
		<category><![CDATA[Change Management]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Writing for Business]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Business Management]]></category>
		<category><![CDATA[business planning]]></category>
		<category><![CDATA[execution]]></category>
		<category><![CDATA[gary monti]]></category>
		<category><![CDATA[Guy Ralfe]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[http://activegarage.com]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[purpose]]></category>
		<category><![CDATA[roger parker]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5442</guid>
		<description><![CDATA[Before you fight them&#8230; Choose them wisely! by Himanshu Jhamb, Mar 8, 2010 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 [...]]]></description>
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<h2>Before you fight them&#8230; Choose them wisely!</h2>
<p>by <a href="http://www.activegarage.com/about">Himanshu Jhamb</a>, Mar 8, 2010</p>
<p>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&#8217;s quote: &#8220;<em>Never interrupt your enemy when he is making a mistake&#8221;. </em><a href="http://www.activegarage.com/before-you-fight-them-choose-them-wisely">more&#8230;</a></p>
<h2>Change Management #7 &#8211; Products: A tip to assure Darwinian survival</h2>
<p>by <a href="http://www.ctrchg.com/">Gary Monti</a>, Mar 9, 2010</p>
<p>In this concluding post of the seven-part series, Gary draws a parallel between Darwin&#8217;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. <a href="http://www.activegarage.com/change-management-7-products-a-tip-to-assure-darwinian-survival">more&#8230;</a></p>
<h2>Once I make a commitment&#8230;</h2>
<p>by <a href="http://www.activegarage.com/about">Himanshu Jhamb</a>, Mar 10, 2010</p>
<p>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&#8217;s dialog may help you maintain your integrity &#8211; he says &#8220;<em>Once I make a commitment&#8230; I don&#8217;t even listen to myself&#8221;. </em><a href="http://www.activegarage.com/once-i-make-a-commitment">more&#8230;</a></p>
<h2>Dancing for your Tribe</h2>
<p>by <a href="http://www.activegarage.com/about">Guy Ralfe</a>, Mar 11, 2010</p>
<p>First off, hearty congratulations to Guy for taking the leap in to entrepreneurship. We wish him the best in his new endeavor.</p>
<p>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 &#8211; get out there and pick your opportunity &#8211; <strong>Dance for your tribe!</strong> <a href="http://www.activegarage.com/dancing-for-your-tribe">more&#8230;</a></p>
<h2>Author&#8217;s Journey #12: How to create a content plan for your book?</h2>
<p>by <a href="http://www.publishedandprofitable.com/">Roger Parker</a>, Mar 12, 2010</p>
<p>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&#8217;s MindManager and Microsoft Word. <a href="http://www.activegarage.com/authors-journey-12-how-to-create-a-content-plan-for-your-book">more&#8230;</a></p>
<br />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.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Once I make a commitment&#8230;</title>
		<link>http://www.activegarage.com/once-i-make-a-commitment</link>
		<comments>http://www.activegarage.com/once-i-make-a-commitment#comments</comments>
		<pubDate>Wed, 10 Mar 2010 07:05:09 +0000</pubDate>
		<dc:creator>Himanshu Jhamb</dc:creator>
				<category><![CDATA[Leadership]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[bollywood]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[commitment]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[integrity]]></category>
		<category><![CDATA[landmark education]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[salman khan]]></category>
		<category><![CDATA[wanted]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=4739</guid>
		<description><![CDATA[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 &#8220;Wanted&#8221; (which I found particularly cheesy and a bit in the spirit of the gladly forgotten 90&#8242;s era when bollywood unfortunately, had forgot how to make good movies). Though the [...]]]></description>
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<p>I have to prepare you, the reader, before you watch the video that goes along with this post. This is from a hit <a href="http://en.wikipedia.org/wiki/Bollywood">bollywood </a>movie &#8220;<a href="http://www.wanted-thefilm.com/">Wanted</a>&#8221; (which I found particularly cheesy and a bit in the spirit of the gladly forgotten 90&#8242;s era when bollywood unfortunately, had forgot how to make good movies). Though the movie was a typical <a href="http://en.wikipedia.org/wiki/Masala_%28film_genre%29">masala movie</a>, this particular dialogue from the movie had hit me just as intensely as the hero (<a href="http://en.wikipedia.org/wiki/Salman_Khan">Salman Khan</a>) hits pretty much everyone throughout the movie.</p>
<p>So, what&#8217;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!</p>
<p>Before I go into that&#8230; take a look at the promo first:</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="480" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/CsRrYgFOSqQ&amp;hl=en_US&amp;fs=1&amp;" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="480" height="385" src="http://www.youtube.com/v/CsRrYgFOSqQ&amp;hl=en_US&amp;fs=1&amp;" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p><strong>Wow! That was Intense!</strong></p>
<p><span style="text-decoration: underline;">Translation</span>: The translation of the single dialogue from the promo is:</p>
<blockquote><p>&#8220;<em><strong>Once I make a commitment&#8230; I don&#8217;t even listen to myself&#8221;</strong></em></p></blockquote>
<p>I was quite moved by the simplicity and the power of this sentence. Imagine a world where everyone makes commitments and don&#8217;t even listen to themselves, if it means breaking them. Imagine a world where people keep their word at every cost. There is no &#8220;Sorry for being late&#8230; &#8220;, no &#8220;The dog ate my homework&#8230; &#8221; or &#8220;I did not think it was that important&#8221;. How much easier would it become to work with customers, employers, employees and colleagues! Welcome to the land of Integrity!</p>
<p>There are a few definitions of <em><strong>integrity </strong></em>but the <a href="http://www.merriam-webster.com/dictionary/integrity">most powerful</a> one is &#8220;<span style="text-decoration: underline;">The quality or state of being whole or complete&#8221;. </span></p>
<p>Consider a <span style="text-decoration: underline;"><strong>couple of examples</strong></span> to clarify this definition:</p>
<ul>
<li>When we say <strong>a bridge</strong> 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&#8217;s integrity.</li>
<li>When we say <strong>an airline</strong> 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&#8217;s integrity.</li>
</ul>
<p>Consider the <span style="text-decoration: underline;"><strong>lack of integrity</strong></span> (and its consequences) in these two examples:</p>
<ul>
<li><strong>Bridge</strong>: 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 &#8211; that is the price of lack of integrity in this situation.</li>
<li><strong>Airline</strong>: A single oversight in the routine check of the millions of mechanical parts of an airplane can mean unthinkable consequences.</li>
</ul>
<p>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&#8217;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) &#8211; and always make the assessment of trust based on if <span style="text-decoration: underline;"><strong>you keep your word or not</strong></span>.</p>
<p><strong><span style="text-decoration: underline;">Note</span></strong>: Special thanks to <a href="http://www.landmarkeducation.com/">Landmark Education</a> for providing me with the distinction of Integrity.</p>
<p></p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg"><img src="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg" alt="Himanshu Jhamb" title="Himanshu Jhamb" width="110" height="100" class="alignleft size-full wp-image-515" /></a>This article was contributed by <b>Himanshu Jhamb</b>, co-founder of <a href="http://activegarage.com">ActiveGarage</a> (The company behind <a href="http://99tribes.com">99tribes</a>) and co-author of <a href=" http://amzn.to/a0YWRO">#PROJECT MANAGEMENT tweet</a>. You can follow Himanshu on Twitter at <a href="http://twitter.com/himjhamb">himjhamb</a>.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Before you fight them&#8230; Choose them wisely!</title>
		<link>http://www.activegarage.com/before-you-fight-them-choose-them-wisely</link>
		<comments>http://www.activegarage.com/before-you-fight-them-choose-them-wisely#comments</comments>
		<pubDate>Mon, 08 Mar 2010 07:05:52 +0000</pubDate>
		<dc:creator>Himanshu Jhamb</dc:creator>
				<category><![CDATA[Leadership]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[atypon systems]]></category>
		<category><![CDATA[battles]]></category>
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		<category><![CDATA[wise]]></category>
		<category><![CDATA[workplace]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5337</guid>
		<description><![CDATA[We&#8217;ve all heard this many times in our workplaces &#8211; &#8220;The customer is always right&#8221; and &#8220;All customers are equally important&#8221;. Well&#8230; 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, [...]]]></description>
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				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.activegarage.com%2Fbefore-you-fight-them-choose-them-wisely&amp;source=activegarage&amp;style=normal&amp;service=bit.ly" height="61" width="50" /><br />
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<p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/chess-battle.jpg"><img class="alignright size-full wp-image-5346" title="chess-battle" src="http://www.activegarage.com/wordpress/wp-content/uploads/chess-battle.jpg" alt="" width="336" height="241" /></a>We&#8217;ve all heard this many times in our workplaces &#8211; &#8220;The customer is always right&#8221; and &#8220;All customers are equally important&#8221;. Well&#8230; 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, <a href="http://works.bepress.com/gordon_tibbitts/">Gordon Tibbitts</a>, President, <a href="http://atypon.com">Atypon Systems</a> 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 &#8220;You know what Himanshu, before you fight them&#8230; you have to choose your battles wisely&#8221;. One might ask how do you qualify what&#8217;s wise Vs. what&#8217;s not and the quick answer is &#8211; One that you think will produce the results you are after is the wise one to take.</p>
<p>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&#8217;t want!</p>
<p>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&#8217;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&#8217;d be helping Mr. Competitor, too).</p>
<p>This also reminds me of a quote by <a href="http://en.wikipedia.org/wiki/Napoleon_I">Napolean Bonaparte</a>:</p>
<blockquote><p><em>&#8220;Never interrupt your enemy when he is making a mistake&#8221;</em></p></blockquote>
<p>I&#8217;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&#8230; and I suggest you do, too!</p>
<p></p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg"><img src="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg" alt="Himanshu Jhamb" title="Himanshu Jhamb" width="110" height="100" class="alignleft size-full wp-image-515" /></a>This article was contributed by <b>Himanshu Jhamb</b>, co-founder of <a href="http://activegarage.com">ActiveGarage</a> (The company behind <a href="http://99tribes.com">99tribes</a>) and co-author of <a href=" http://amzn.to/a0YWRO">#PROJECT MANAGEMENT tweet</a>. You can follow Himanshu on Twitter at <a href="http://twitter.com/himjhamb">himjhamb</a>.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>Week In Review &#8211; Feb 28 &#8211; Mar 6, 2010</title>
		<link>http://www.activegarage.com/week-in-review-feb-28-mar-6-2010</link>
		<comments>http://www.activegarage.com/week-in-review-feb-28-mar-6-2010#comments</comments>
		<pubDate>Sun, 07 Mar 2010 16:51:54 +0000</pubDate>
		<dc:creator>Magesh Tarala</dc:creator>
				<category><![CDATA[Business Strategy]]></category>
		<category><![CDATA[Change Management]]></category>
		<category><![CDATA[Communication]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Writing for Business]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Business Management]]></category>
		<category><![CDATA[deepika bajaj]]></category>
		<category><![CDATA[gary monti]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[http://activegarage.com]]></category>
		<category><![CDATA[Magesh Tarala]]></category>
		<category><![CDATA[roger parker]]></category>
		<category><![CDATA[vijay peduru]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5365</guid>
		<description><![CDATA[What&#8217;s your ante? by Himanshu Jhamb, Mar 1, 2010 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 [...]]]></description>
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<h2>What&#8217;s your ante?</h2>
<p>by <a href="http://www.activegarage.com/about">Himanshu Jhamb</a>, Mar 1, 2010</p>
<p>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. <a href="http://www.activegarage.com/whats-your-ante">more&#8230;</a></p>
<h2>Change Management #6 &#8211; Processes: Two tips for refereeing business rule changes</h2>
<p>by <a href="http://www.ctrchg.com/">Gary Monti</a>, Mar 2, 2010</p>
<p>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. <a href="http://www.activegarage.com/change-management-6-processes-two-tips-for-refereeing-business-rule-changes">more&#8230;</a></p>
<h2>Are you moving forward or drifting in your life?</h2>
<p>by Vijay Peduru, Mar 3, 2010</p>
<p>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 &#8220;cause in the matter&#8221;. <a href="http://www.activegarage.com/are-you-moving-forward-drifting-in-your-life">more&#8230;</a></p>
<h2>Social Media and making a $1 Billion movie: Avatar</h2>
<p>by <a href="http://www.deepikabajaj.com/">Deepika Bajaj</a>, Mar 4. 2010</p>
<p>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! <a href="http://www.activegarage.com/social-media-and-making-a-1-billion-movie-avatar">more&#8230;</a></p>
<h2>Do you have the tools you need to write a book?</h2>
<p>by <a href="http://www.publishedandprofitable.com/">Roger Parker</a>, Mar 5, 2010</p>
<p>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. <a href="http://www.activegarage.com/do-you-have-the-tools-you-need-to-write-a-book">more&#8230;</a></p>
<br />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.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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		<title>What&#8217;s your ante?</title>
		<link>http://www.activegarage.com/whats-your-ante</link>
		<comments>http://www.activegarage.com/whats-your-ante#comments</comments>
		<pubDate>Mon, 01 Mar 2010 07:05:07 +0000</pubDate>
		<dc:creator>Himanshu Jhamb</dc:creator>
				<category><![CDATA[Leadership]]></category>
		<category><![CDATA[active garage]]></category>
		<category><![CDATA[ante]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[excel]]></category>
		<category><![CDATA[financial goal]]></category>
		<category><![CDATA[goals]]></category>
		<category><![CDATA[himanshu jhamb]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[poker]]></category>
		<category><![CDATA[product]]></category>
		<category><![CDATA[quit]]></category>

		<guid isPermaLink="false">http://www.activegarage.com/?p=5317</guid>
		<description><![CDATA[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&#8217;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 [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: left; margin-right: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.activegarage.com%2Fwhats-your-ante"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.activegarage.com%2Fwhats-your-ante&amp;source=activegarage&amp;style=normal&amp;service=bit.ly" height="61" width="50" /><br />
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<p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/whats-your-ante.jpg"><img class="alignright size-full wp-image-5320" title="whats-your-ante" src="http://www.activegarage.com/wordpress/wp-content/uploads/whats-your-ante.jpg" alt="" width="288" height="193" /></a>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 <a href="http://www.merriam-webster.com/dictionary/ante">ante </a>is. Simply put, it&#8217;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 &#8216;play&#8217; 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.</p>
<p>Business is very similar to poker. It requires us to wager something &#8211; 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&#8217;s how the ante appears in each of these situations:</p>
<ol>
<li><span style="text-decoration: underline;">Bringing a product to the market</span>: You put your time, money (maybe not yours!) and energy as ante in building the product, doing your market research &amp; getting help from others.</li>
<li><span style="text-decoration: underline;">Starting your entrepreneurial venture</span>: Your &#8216;skin-in-the-game&#8217; is pretty much your ante here.</li>
<li><span style="text-decoration: underline;">Getting a new job</span>: You apply for your dream job, excel in that interview, land the job and within 2 months realize that what you&#8217;re doing is nothing like what you had imagined you&#8217;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.</li>
</ol>
<p><span style="text-decoration: underline;"><strong>My point so far</strong></span>: There is an ante in every game you play (Business being a game, too&#8230; )</p>
<p>Here&#8217;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?</p>
<p><span style="text-decoration: underline;">Consider this example</span>: You are 45 years old &amp; 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&#8217;s a gap of $3M you have to cover in 20 years. You don&#8217;t need to be a math whiz to notice that it is impossible to get to this number with what you are making currently &#8211; <em><strong>You are basically sitting at the wrong table! because regardless of how well you play at this table, you&#8217;re never going to make your goal of $4M!</strong></em></p>
<p>So you figured out that you&#8217;re sitting and playing at a table where no matter how well you play (heck! you might be the best player) you&#8217;re still not going to make it to your goal.</p>
<p><strong>Now what?</strong></p>
<p>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&#8217;ll wipe you out before you know what hit you! So, yes &#8211; 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!</p>
<p>&#8230; and of course, the last piece of advice and perhaps the most important to remember &#8211; Know when you have made it to your goal, get up from the table and go play a new game!</p>
<p>Good luck!</p>
<p>&#8212;</p>
<p></p><a href="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg"><img src="http://www.activegarage.com/wordpress/wp-content/uploads/Himanshu-Twitter-Pic.jpg" alt="Himanshu Jhamb" title="Himanshu Jhamb" width="110" height="100" class="alignleft size-full wp-image-515" /></a>This article was contributed by <b>Himanshu Jhamb</b>, co-founder of <a href="http://activegarage.com">ActiveGarage</a> (The company behind <a href="http://99tribes.com">99tribes</a>) and co-author of <a href=" http://amzn.to/a0YWRO">#PROJECT MANAGEMENT tweet</a>. You can follow Himanshu on Twitter at <a href="http://twitter.com/himjhamb">himjhamb</a>.<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.activegarage.com/wordpress/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
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