Business Plans, Motivations

10 rules of successful trading

Unlike investors who need markets to move up in order to profit from their investment, traders don’t depend only on bull markets. They can profit even in down trends.

This is a crucial advantage traders enjoy over investors — the ability to make money whether the market is moving up or down. This fact should not, however, lead you to believe that trading is easy; it requires both a skill-set and rigorous discipline.

Many people take to trading in the mistaken belief that it is the simplest way of making money. Far from it, I believe it is the easiest way of losing money. There is an old Wall Street adage, that ‘the easiest way of making a small fortune in the markets is having a large fortune’.

This game is by no means for the faint hearted. And, this battle is not won or lost during trading hours but before the markets open but through a disciplined approach to trading.

Click above to read the 10 rules.

Motivations, People / Stories

Entrepreneural Learnings – Rajesh Jain

Last Saturday, I gave a talk for TIE on “The New Internet”. The presentation, while showcasing the opportunities for the future, ended with some of the lessons I have learnt in the last 10 years as an entrepreneur.

  • Importance of Vision: Dream the future
  • Think 2-5 years hence; near-term opportunities are gone
  • Best way to raise capital is by being profitable (B-n-B biz)
  • Need to Stay Alive long enough to aim for Gold
  • Our biggest strength is Passion — “infectious enthusiasm”
  • Be prepared to fail – and learn; Experiment and Explore
  • When building, don’t think of exit; Build to Keep
  • Forget the stock markets – they are irrelevant
  • Our First Mistake can be our Last
  • Read-Think-Write
  • Faith in God
Books, Motivations

Imagining India

Across the world, Nandan Nilekani is recognized as one of India’s most successful software entrepreneurs and as the co-founder of Infosys, among India’s premier companies in the IT sector. In his new avatar as author, Nandan talks about a subject close to his heart – that of India – and adds his own unique perspective to India’s past, present and future.

This site is designed to serve as a living companion to the book for readers who want to delve deeper into the book’s material and themes, and who want to carry forward the discussion on the ideas that have shaped, and continue to shape India.

Click here and participate

Motivations

Secrets of a successful start-up

Sanjay Anandram, Outlook Money | outlookmoney | July 08, 2009 | 11:42 IST

Entrepreneur. Angels. Venture capital. Innovation. Acquisitions. And, of course, the ubiquitous ‘startup’. All these terms have become part of the imagination of a large section of the current generation. Events, blogs and articles on entrepreneurship and start-ups are proliferating.

Therefore, it might be naive to ask: What exactly is a start-up? Is the corner coffee or chai store a start-up? And what about an executive who starts a consulting company? Is every small business a start-up?

Click above to read more.

Motivations

Techniques to Handle Team Conflict

Team conflict is inevitable, but it doesn’t have to cause trouble. With the right techniques, team members can get back on track before relationships are damaged and productivity plummets.

“Avoiding conflict at all costs does not work and will undermine a team’s effectiveness. In fact, in an environment of trust and constructive communication, conflict can help teams solve problems and meet serious challenges,” says Craig Runde, co-author with Tim Flanagan of Building Conflict Competent Teams. “But making constructive choices, especially when tensions are high, is not always easy.”

Runde and Flanagan advise teams on long-term strategies for establishing the right climate and using constructive communication. For times when more immediate remedies are needed, the authors suggest a variety of techniques — for use before, during and after a conflict flares up.

Continue reading “Techniques to Handle Team Conflict”

Business Ideas, Motivations

The Sixth Sense

Shape of things to come.

Very interesting especially as the project is being  spear-headed at  M.I.T’s lab by one  Pranav  Mistry.

No buttons to press, no switches to click, just think what information you want and it is projected  in front of you   Please click on the  link below and listen. Soon you may not even have to click on the link to open, just think and it will open.

Incredible indeed.

Enjoy.



Business Ideas, Motivations, Social Entrepreneurship

7 things every environmental entrepreneur should know

A lot is happening at the intersection of environmentalism and entrepreneurship these days, and it’s creating a hybrid form: the environmental entrepreneur. Some are coming from the entrepreneurial community. Many more are environmentally driven and, realizing that “commerce is the engine of change,” are starting new ventures. Here’s some quick advice based on having a front row seat at the intersection for the past few years.

Click above to continue reading.

Motivations, Networking, News

Exporting The Enterprise Idea

There is no better example of this accretion of ideation, mentoring and nurturing of entrepreneurial talent than Silicon Valley. Always aspired to but never replicated in its entirety by many regions of the world, this sliver of land represents much more than a geographical location — it’s actually a state of mind. A seminar held recently at Stanford, co-sponsored by the Hoover Institution and the Kauffman Foundation, took today’s challenging times into perspective.  Read more in this issue of Tehelka – Click here