Importance of diversified portfolio

To have a good portfolio isn't about finding several multibaggers or investing in coins that are ready to explode, it is about diversifying the portfolio. Diversifying the portfolio is not just putting money into some random assets, it is actually diversifying the risk. Because narrowing risk to just a few assets is foolish. The greater the risk, the greater the reward and worser the failure. So having a well-diversified portfolio is important than having multibaggers.

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Focus on one thing

Concentrating on one field gives us a tremendous edge than giving a shallow focus on various different things. The difference here is that we get a lot of information from one sector which enables us to master the field.

No innovation or dead innovation

When you wish you can have that specification with more, like more battery life, more pixels ,more speed and more glister, you’re a forbearer of fake innovation. The advancement is good for product experience. It doesn’t give you the opportunity to make the change. This could also be identified as dead innovation or no innovation products. They are just the exaggerated versions of what’s already in the market. These who do no innovation works are copy cats. They wait for something new to happen or to someone to introduce and with no hesitation to copy them. They were well equipped to clone the Idea or product. We saw this dead innovation thing with lot of Chinese products. The result, they are not trust worthy. These type of making is simply stating that experience is no concern. Only profit does and it’s what drives them to deliver. It is relevant to quote what Peter Thiel said “ We need flying cars, not cars with 140 characters. Folks like Peter and Elon are greatly conc...

Thoughts on laziness

The reason for our laziness and procrastination is not that we weren't motivated, it is that we think we have more time than we think. We live in a way such that we won't die. Each and every moment we are moving towards death. We barely notice ourselves getting older and then suddenly we find ourselves passed decades without doing anything special or gaining the experience. Experience is the only way to make life favorable. An experience like this comes from facing fear and reflecting upon that. Facing the fear requires you to be attentive and not be idle

It's not chef vs cook, it's chef creates cook

There is hardwork, diligence,focus and behind success. It might be a successful person or a product. People crafts successful stories with these elements. I mean how can there be a winning story without them. The hardness in choosing the career also intensely extends to pursue them. There are plenty of career to choose them. The more options we have, the more confused we are. You cannot implement the same philosophy of choose what tastes better specifically here. There are millions and you would waste your entire life chasing one after another. The sooner we find it, the better. It's important to get informed about many before the selection, but at the risk of increasing confusion. Well after all those procedures, you'll end up in a career that will or will not suites you. Hope for the best. If it suits you'll be a successful person. You've chose the right path. Be ready to spread the words of wisdom. You chose the opposite of what the mediocre wants you to be. But is t...

Healthy body

Health is a prime factor and without a healthy body, there is no healthy mind. We must build a strong body to cater the mind.

The toothbrush test

To release a product that is worthy of shipping or an idea that is worthy of spreading, it must be of elegant use. No product reigns the market if it is for one time use. We buy products for using more than once. All the things that went revolutionary can be of multiple use or can be used multiple times. There is one test that most of the entrepreneurs use when the launch an idea or company based on that, it is famously known as the Toothbrush test . This a funny yet powerful test that determines whether the product can be used more than once (keeping in mind that people do brush twice or even thrice a day). If it does it is worthy of launching and investing. All the now products are based on this simple test. People behind that do make sure that it went through toothbrushing process . We can see lot of new products on the market are toothbrushing product. Because we like to have a product which is of multiple use. That saves money and time. People do consider these t...

Non shitty days

One way not to feel like shit is to make the day atleast productive by doing one or two things. Days turns out to be shitty when we lose control of it.

Mental barrier is there to cross

Emotional barriers are there to cross. Only those people who realize this make a good outcome. This when viewed from another perspective, we can say this is a play by the universe to make us better and stronger. We need to be mentally developed to live a better life. We see people becoming fragile when they confront with a severe life situation, they panic and get anxious. Soon they fall into depression. Until we cross this mental barrier, we won’t grow. But most people instead of facing and solving this problem, choose to escape from it by some quick fix. Of course, they would get some short-term pleasure, but the problem remains there forever until they overcome the mental and emotional barrier it puts in front. Next time a different problem arises with this level of the mental straddle. We have to break it, else it will show up in different forms.

Using adversity for our advantage

The reason many people suffer lately in life due to the fear of being harmful things and events are mainly due to fucked up childhood. Children bought with very little adverse effect often struggle in life due to their inability in standing up after a defeat. These children's are more likely to get bullied. Once they found themselves unresponsive against the bullies, they intend to go a more easy path where they no longer have to face the adversity. When they grow up, they keep a low profile and struggle to socialize, make friends and fearful amid mobs. These are the people who will easily get sick and depressed, more fragile towards heart attack and sucks in relationship. The point here is that adversities have this amazing power to build a tough character and robust mindset. Instead of grieving after a problem, let us confront and grow.

Courage to ship

Courage plays an incredible role in execution. For the things that demand creativity and focus often comes with a risk of failure. By creating our own product and making it suitable for the masses requires tonns of effort. But it isn't enough. The continuous push we gave to ourselves must be backed by the courage. Any time we must push the 'shipping' button not knowing what's gonna happen after that.

Insanely Practical

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