Goals:
Follow your heart. (The brain can do so many things, but only the heart can answer the meaningful questions of life)
Think of the intangibles you value first – and let them determine the tangibles. (Steve Jobs and Michael Dell are driven by different intangibles… figure out who you would rather be.)
Don’t deter your joy at a beach today, for some imagined future weekend in Acapulco – by the time that happens your diabetes may not let you enjoy the pina coladas.
Money:
Money is not an end in itself. (Anu Aga, ex Chairperson, Thermax, once said: “Profits are important but not only thing… without breathing, you and I can’t live, but if you ask me what is the purpose of my life and if I say breathing, it is such a narrow way to define it”.)
Create love and affection in your workplace. (People give up their lives for what they love but no one will do it for an EBIDTA.)
People and Value:
Surround yourself with like minded people. (You can’t plan together, if the guys at the table are Gautam Buddha and Genghis Khan.)
Define your Do’s and Don’ts, before you start. Post-facto, any acts can be justified.
No deal is worth losing your self-respect.
The Last Word:
Finally, if you don’t laugh enough, your business model is probably wrong!
The buffer that we talk about is having enough money in the bank to pay fixed expenses for two months. You need to have it at any given point of time.
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