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Becoming an Entrepreneur - My thoughts and experiences
Shakti  Saran
Author:Shakti Saran
M.Sc. in Finance
#21 - Two for One (Individual)
Saturday 02nd, June 2007
Two for One (Individual)

It seems that people generally want to excel at whatever they do but mostly due to the lack of necessary environment and resources are unable to maximize their potential. In individuals who achieve their goals, I find a few common characteristics:

1. The ability to identify and prioritize interests helps evaluate the environment as a provider of necessary platforms.
2. The ability to measure value versus cost leads to usable allocation of available resources.
3. The ability to execute generates results in line with the priorities.
4. The ability to learn adds to the applicable knowledge bases.
5. The ability to focus brings in returns beyond the average cost of time.

I think that the above are also true of Entrepreneurs who are highly individualistic people and that it’s of no surprise that among all legal business forms only Corporations are considered as virtual individuals and that they’ve many of the same legal rights as the real individuals. Hence, we should be able to extend the above characteristics to those Corporations that maximize their potential.

It’s interesting to note that whatever we do has side-effects on the society and those can include what we don’t realize or even agree with. Although, I find that most of our actions have very consistent side-effects for a given society and that once we start to observe them then we can extend the usefulness of our actions to beyond their direct recipients. Unfortunately, this can seem like a very big task for most of us who only feel responsible for themselves or who don’t have sufficient free time from their busy lives to actively think about their societies. But there seems to be a way out for us to contribute without giving up our individualistic nature. Thankfully, all our actions are a result of ideas that run through our mind’s computational engines, analyzers and judgment centers before our ego orders our nervous system to act upon them. Hence, if we can simply apply our internal system for generating positive ideas then we can generate a lot of positive side-effects by simply acting upon them towards maximizing our potential.

An example of having a positive side-effect is sharing practical knowledge of a task while working together. Most people prefer to hoard information as their weapon against others but don’t realize that when the goals are same then it’s best to achieve them through sharing and collaboration. This probably happens because they neither actively think about the problems at hand nor about how they affect the concerned societies. I think the root cause of having negative internal systems is that we aren’t brought up from the core with the realization that there’re many (almost infinite) goals that still need to be achieved by humanity and that meeting basic needs or gaining fame and fortune by today’s individuals without strengthening the global core for the long run would only grow and develop an unstable and an intrinsically weak world. Perhaps, it’s easier to picture this in terms of show muscles and real strength and balance of an individual. Shakti
 
Comments
Comment 1: By Shakti Saran on 14th Jul 2008
Hi Vidya, I didn't sign into this website for a very long time. I recently saw your comment and I thank you for sharing your thoughts. I wouldn't discuss about someone doing a better job because that's usually open to interpretation. However, I would remark on our (truly probably only world class businesses) relentless efforts to improve efficiency towards measured quantities. First, India contributes well due to computing and general mathematical expertise. Now, most efforts including non-computational or non-mathematical aren't rocket science but the ratio of workers to jobs has no relation to vision for local growth and development. I'm excluding the top professionals including artists, scientists, and entrepreneurs. I'm talking about the person I met today at post office who jumped the line and that when I told him that I was there before him he ignored me. When I asked him how the system worked he told me that whose face the lady at the counter likes more that person gets the work done first when all hands are reaching out to her together. He looked professional and spoke well too. I agree with your comment and that it might be true for the majority of people who get so blinded that helping others or even keeping up with primary school learnings appears threating to their survival forget growth and development. Further, I've heard so many claims of greatness from those who are quick to blame others for small things including spoiling the environment and not showing general repsect to others. Recently I took a shared cab and that one guy left without paying the driver and that he had to run behind leaving his car on the road to get his money. Earlier, a passenger borrowed money from me and told me he would return from the ATM but after he got out of the cab he just walked away. Of course, your comment has a basis and that our experiences might be the reason. I've seen well educated people say that they love something and then they hurt it because they claim everyone does. I couldn't attribute one reason for all this but what I've never heard to be a problem is succession management. The people have lived under rulers forever and that even though I don't want to compare for it's not possible to understand from words about other ways of doing things but that it's crucial to figure out how to transfer practical knowledge without creating insecurities or rivalries and that it's not something which can be taught at business schools but that it comes from the roots. I'm glad we've jobs and that perhaps lots of jobs for everyone might help with growing and developing world class people, societies, cities, and environment. Perhaps I'm wrong but in my little experience, I've found people (excluding the top ones) to be divided based on in and out. If they don't have the means to go out they're bitter and claim to be disinterested. Regardless, both are bitter about how to survive forget growth and development. Those who are out generally claim to be more efficient (from my experiences with people traveled abroad) but can't share with those who are in due to ego clashes besides other reasons. In the context of my blog, the positive side-effects are reduced. There could've been more efficiency at least overall but we aren't that level yet. My apartment gatekeepers say that few people talk how you do with us. It's understandable for most people say "in logo ke muh nahin lagna chahiye" due to what they see in popular media or other historical reasons. Moreover, I can see the huge gaps. My gatekeeper saw me take my luggage for repair and that he generally asked me about good luggages and that I told him this one I bought from here and that it was of very bad quality. He instantly told me about VIP luggages. Of course, I know they're really good but then if I told him that my dad recently bought one of those expensive VIP luggages but that its lock is already broken and so he couldn't use it on a long trip. We've significant barriers here to grow and develop the level of sharing and collaboration required for progress that we can see globally. I doubt whether anyone thinks deeply what India would be doing if it was the world's richest and most powerful country. It would be nice to ensure that it provides the entire world all what it can but that would require sharing and collaboration with everyone. Before competing in Olympics, the kids need playgrounds and diet to grow into athletes practicing in sophisticated environments and nourishing on the best food. After local success might come global success. Thanks, Shakti

Comment 2: By Vidya Ashok on 30th Apr 2008
I feel people don't share their practical knowledge with others only because they have feeling of insecurity that the other person may perform the task in much better and efficient way than him.

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