Monday, December 31, 2012

2012: Learnings, Facing Fears, Peak Experiences & Marriage

Things I learned and loved in 2012:

  • Live in day tight compartments, be with family, work hard, enjoy life and not focus on past or future.
  • I am building a $100 B company, because I want to have that 'experience'. I want greatness and so I have to face the struggle.
  • All rich experiences/ideal lifestyle can be had in $ 100 k a year max. Dont run after an arbitrary number in bank to start living your dreams. Cost it, make it and live it.
  • Always play to your strengths, think big and let the weaknesses remain.
  • Being rich is all about discretionary time, money, attention and mobility. 
  • For me, richness is all about your time and cashflow to do exciting things, have memorable experiences and sharing them with friends & family.
  • I love my wife: Priyanka
  • Marriage has been the most peak experience of my life :)
  • Practice misfortune: face your fears regularly.
  • Be full of gratitude for being wealthy, amazing wife, great parents, brothers & bhabhis, friends, relatives, employees, directors, company.
  • Never let your insecurities hurt the business: health, cash-flow, self-esteem. Don't be emotional about separating Cash-flow & self-esteem from contribution
  • Practice Dying.
  • You don't have to make the money the same way as you have lost it.
  • Accept weaknesses and mistakes. Saying sorry requires a lot of courage.
  • I am judgemental, argumentative and negative, even when I am left alone.
  • Cost of a thing is equal to the amount of the thing called 'Life' you are willing to give up for it
  • Startup = Growth. Revenue is the only indicator.
  • Follow revenue growth rate just like truth in science and you will reach someplace cooler.
  • Work hard, take regular breaks: daily reflection, weekly relaxation, week long vacation every half year.
  • Interest and energy are cyclical.
  • Don't worry and be emotional about things which are not in your control: other's perceptions, ownership etc.
  • Tell it as it is and saying that you cannot do it: effective and liberating.
  • If you really want to do something, you will find a way of doing it.
  • Stress is the difference between our expectations and reality. Co-operate with reality.
  • Simplest (not the easiest) way to practice patience: Be silent.
  • Sunday afternoons I am very unhappy & anxious: Work or go out.
  • I have zero possessions: No car, No house, No smart phone, No laptop.
  • Always trade material wants for experiences. Interesting experiences = Life. Record experiences.
  • Your success in life depends on the number of difficult conversations you are willing to have.
  • Beware of vanity, judgements, feeling holier than thou.
  • Always remember that you will miss out on things, experiences. So be cool with it.
Fears I faced in 2012 and survived:
  • Running a bankrupt company: facing and deferring creditors.
  • Hearing criticism, facing heat and accepting that I cannot be the CEO of EnNatura.
  • Undergoing heart scan and realizing that I do not have any heart condition
  • Telling Priyanka that I am broke, cannot make enough money to take her on a Honeymoon.
  • Asking dad for money to fund company.
  • Working on the side, being answerable to someone (boss), to earn money while running the company.
  • Riding a bike down the snowy, slippery slopes from Chang La to Pangong Lake in Ladakkh.
Peak Experiences in 2012: