Why get rich quick scheme?

Get rich quick scheme is very much overrated. People get attracted to getting rich than building a long term wealth. It is quite obvious, all of us want it achieve our goals as soon as possible. I mean for lot of us it is meaningful. And most of people in this planet consider work as the mean of earning money, which is partially true if the purpose is neglected. So all want to get rich within a very short span of time. This is desirable because it brings financial freedom which further brings the true freedom. This is luring. So we chose the get rich quick scheme.

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Facing reality

Reading philosophy must be ab integral part. It gives us a sense of reality and reality itself demands more equipped ones.

Focus makes the difference

The amount of work depends on the amount of time we spent on and the amount of focus. To be precise, it is the product of those two. There are various types of practices that makes up to a perfect finishing time. But whenever we look at it, the core always lies in the amount of we focused. We can even say that focus is solely responsible for completion. Without focus nothing cannot be completed. It may stay unsolved forever. People try to make their lives better by doing several things, in the end we could say that they were indirectly trying to improve their focus. Focus helps is to accomplish things within a very short span of time. There by reducing the time wastage and leaving things perfectly finished. With focus, we can complete even the task that now feel like impossible. People often neglect this fact try their best to make a difference in their lives by merely altering the surface. That may do good in the short term. But in the long term, it does nothing. We have to change ...

Welcoming the fate

Marcus Aurelius once said " To welcome with affection what is sent by fate". He meant every word he said. It is possible to get ourselves to welcome the fate. It brings oppertunity and self control. Knowing that we can have the control of our being is powerful when it comes to being vulnerable with emotions.

Management problem

You can exit the position from your investment of you think the management is not as good as you thought. Even a company with solid financialls may default with wrong management.

Expressive tendency

People express when they feel like they are safe among the peers. It is a trust factor. This trust factor can be developed through mutual understanding. When a group of stranger collabs and start to express the embarrassing truth, individuals within the peers develops the tendency to vomit the dirty truths. This is like a chain reaction, the more people express, the trust gets stronger and stronger.

Practice for good

To be great at something requires practice. You must have heard about the wisdom quote " Practice makes a man perfect". The case is no different for obstacles and adversity. We must face obstacles frequently so that we can strengthen our will. There is no lack of obstacles and adversity in our day-to-day life. We are being blind to it because of fear. Unless we face those obstacles we never grow. We tremble at those kinds of similar situations, not knowing how to face them. But only after getting acquainted with facing such adversities, we can become stronger.

Being healthy

Health becomes ill by either overeating or nothing at all. There should be a balance as is for everythin.

Pitching an idea

Pitching an Idea to the investors when we desperately need money is quite challenging. Convincing investors is not an easy job. We have to go multiple time to receive first round investment. Investors care more the enthusiasm and mentality of the founder than the idea that they are pitching. In order to show the driven passion, we must have a very good communication skill. Most of the founders keeps their skill at convincing investors at its peak. When they see the opportunity along with it, they tend to invest. Even investors with years of experience fails to spot the right person and idea. But if you ask whether they regret, most of them would say no. They did made their decision based on their knowledge and capability at that time. Investors don’t need to know all successful ideas and companies, they just focus on the ones that aligns their fundamentals. Everyone has their own view of analyzing and selecting. Therefore pitching an idea to the investors might bring the investment i...

What investors look for?

An investor should look at the team more rightly than the idea. Idea is important. A good novel idea that can engage people to talk about it travels like a virus. Those ide virusee may get global recognition. But without a good team, it won't sustain further. The same idea might get cloned by some other inspired teams. A good teams is an inspired team. They are inspired by the impact it is gonna deliver. They will work towards making the world a better place ( a cliche for a good idea). That is why investors closely monitor the team and the founders. They analyse their work, their ethics, their past and their perception. Whether they have skillss and talent is considered less important than attitude and vision. Even a mediocre idea with a good team can return multiple time ROI.

Hustle culture

Hustle culture is useful in certain cases if you have the balance. A lot of people hustle at their work or business, neglecting their health and family. Hustling while complicating the natural balance is a sure recipe for emotional disaster.

Insanely Practical

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