LESSON LEARNED FROM WARREN BUFFETT:

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  1. Don’t expect honesty with cheap people.
  2. Read, Read and Read more.
  3. Don’t put all eggs in one basket.
  4. Don’t be quick to get rich.
  5. Never depend on the single income. Make investments as the second source.
  6. Have a sense of humour.
  7. Know your margin.
  8. Don’t buy an asset if it wasn’t long last.
  9. Learn to outcompete.
  10. Be calculative.

With respect.

 

STUDY TECHNIQUES: FEYNMAN’S TECHNIQUE.

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This is one of the most study technique used across the globe. If you are starting to learning this technique. You can learn but also you can teach others too. I supposed to see this as a Win-Win situation. You can understand and also make others understand in a simple manner.

This technique purely says about the simplicity of explaining.

If I’m writing, it should reach every reader in an understandable manner. It must not make chaos. It should not make a bad impact.

So, I started to research this technique as deep as. I’m writing now, I hope, I used Feynman’s technique.

The Feynman Technique is a mental model that was coined by Nobel-prize winning physicist Richard Feynman. Known as the “Great Explainer,” Feynman was revered for his ability to clearly illustrate dense topics like quantum physics for virtually anybody. In “Feynman’s Lost Lecture: The Motion of Planets Around the Sun, “David Goodstein writes that Feynman prided himself on being able to explain the most complex ideas in the simplest terms.

They called Feynman the “Great Explainer.”

Richard Feynman (1918–1988), an author, graphic novel hero, intellectual, philosopher, physicist, and No Ordinary Genius is considered to be one of the most important physicists of all time.

  • He pioneered an entire field: quantum electrodynamics (QED).
  • In the 1940s, his invention of the Feynman Diagram helped bring much-needed visual clarification to the enigmatic behaviour of subatomic particles.
  • His work helping scientists understand the interaction of light and matter earned him a share of a Nobel Prize in 1965.
  • His work has directly influenced the fields of nanotechnology, quantum computing, and particle physics.
  • In 1986, his research and explanations were critical in helping to understand the cause of the space shuttle Challenger disaster.

In addition to his ground-breaking research, Feynman was brilliant, eloquent, and an exquisitely passionate thinker. In the world of science, he stands unequivocally for his ability to synthesize and explain complex scientific knowledge. His lectures are the stuff of legend — Albert Einstein attended Feynman’s first talk as a graduate student, and Bill Gates was so inspired by his pedagogy that he called Feynman, “the greatest teacher I never had.” Gates purchased the rights to his lectures and made them publicly available on a video portal nicknamed “Tuva” in honour of Feynman’s famous failed quest to reach the Russian region later in his life.

“I do think that making science cool to people when they’re young and therefore getting more people to go into it in an in-depth way, I think that’s very important right now,” Gates said when announcing the purchase.

Feynman’s lectures, many of which were delivered during his time at California Institute of Technology, were aimed at students who had no previous knowledge of particle physics or deep science. Taking the mystery out of complex scientific principles was Feynman’s forte. His lectures were underscored by a conviction and passion for science.

THE FIRST PRINCIPLE IS THAT YOU MUST NOT FOOL YOURSELF AND YOU ARE THE EASIEST PEOPLE TO FOOL.

SAID BY RICHARD FEYNMAN.

When people talk about the Feynman Technique of problem-solving, they often quote Albert Einstein’s famous words:

“If you can’t explain it simply, you don’t understand it well enough.”

The Feynman Technique is laid out clearly in James Gleick’s 1993 biography, “Genius: The Life and Science of Richard Feynman.” In the book, Gleick explains the method in terms of how Feynman mastered his exams at Princeton University: “He opened a fresh notebook. On the title page, he wrote: NOTEBOOK OF THINGS I DON’T KNOW ABOUT. For the first but not last time he reorganized his knowledge. He worked for weeks at disassembling each branch of physics, oiling the parts, and putting them back together, looking all the while for the raw edges and inconsistencies. He tried to find the essential kernels of each subject.” This is the first part of his process, but let’s take a look at all four steps:

  1. IDENTIFY THE SUBJECT:

Whatever it is, don’t be hesitated. Even I started applying my passionate subjects.

Write it down in the notebook or piece of paper about the subject. And add it every time when you started to learn something about the chosen topic.

I would like to say on the first point. The main purpose is to learn and understand. So, you must keep on learning about the topic.

  1. TEACH SOMEONE ABOUT THE TOPIC:

Here the real key applies. Before teaching someone. You must use plain English. I mean, you must use simple vocabulary and simple and understandable definitions.

Even a child, could able to grasp.

There is one more way you can say,

If a child could able to understand what you are saying, you understood pretty well.

  1. If YOU ARE STUCK IN STEP 2, NO WORRIES. YOU CAN BOUNCE BACK AND RELEARN AND REREAD AGAIN:

There are enough possibilities you can fill the gaps. I mean, if you have struggled at a certain point. You can do more work in where you been slipped.

Again, go back. And start teaching.

  1. REPEAT THE PROCESS:

Go back to the notes. And simplify as much as possible. Keep looking.

How can I deliver to them?

Use simple analogy. Wherever possible.

THE BEST WAY TO NOT TO BE A FOOL IS:

  1. THINK CRITICALLY AND
  2. LEARN DEEPLY.

THE PURPOSE OF THE FEYNMAN TECHNIQUES:

  1. BE SIMPLE
  2. BE CONCISE

Feynman’s technique is also useful for those who find writing a challenge. Feynman had an interesting relationship with writing. Instead of committing his knowledge to paper like many other scientific figures, he chose to use speech as the foundation for many of his published works. He dictated most of his books and memoirs, and his scientific papers were transcribed from his lectures.

“In order to talk to each other, we have to have words, and that’s all right. It’s a good idea to try to see the difference, and it’s a good idea to know when we are teaching the tools of science, such as words, and when we are teaching science itself,” Feynman said.

Feynman relied heavily on verbal and spoken communication, and when he turned to his cartoonish diagrams of highly scientific principles, for example, he could tap into ideas with shapes, squiggly lines, and drawings. It stripped away the clunky language and allowed the power of verbal storytelling to take root.

 

With respect.

BE A GAME-CHANGER:

The world is full of players. Be a game-changer. I read on the Facebook page in the initial point of time. When I signed in.

Yes, you need to change.

Pay attention please, you should not change the game, but you must change the level of playing. Plan-B applies here too.

If the things getting worse. You have to change the way of working. Go for a wider view or move onto the next idea. You cannot choose the same way. So, changing the methodology is absolutely important.

But, if you’re changing the game phase. It should lead to victory. I never say you should not fail in the game. Failures are essential. Ultimately, your game must have an impact on your long-term goals.

 

With respect.

ESSENTIAL MANAGER’S MANUAL: BY- ROBERT HELLER AND TIM HINDLE.

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DORLING KINDERSLEY BOOK.

This big book talks about all the required skills for an effective manager. This book contains 864 pages. I had completed 230 pages. I had marked few notable points that I’m gonna deliver in this post. I’m gonna share to you all. I personally think this is not only for a manager also for all. I mean a start-up CEO can read. If you would like to become a leader you can read too.

Also, the essential practical guide to management, benefits new and experienced managers alike, covers all the skills you need, from motivating and delegating to negotiating and presenting, explores your options for action through charts and flow diagrams, includes over 1,200 power tips for handling management issues.

So, once in every week on this particular day, I will start sharing this most needed and suitable points for all the readers.

INTRODUCTION:

KEEPING UP WITH CHANGE:

The role of a manager is becoming ever more diverse. Economic pressure and the twin demand for increased efficiency and productivity, and also by information technology, which has enabled tasks to be carried out in seconds rather than days.

Organization are often under pressure to deliver better and better results and mangers are naturally in the front line. At the same time, corporate mergers and acquisitions have inevitably reorganization and rationalization on a wide scale, forcing people to change their jobs, and even their careers, and to undergo retraining.

The most successful business managers are those who have recognized the need to adapt to change by continually re-examining the way they work, by developing an as wide range of skills as possible, and by keeping the skills up to date.

HELPING ALL MANAGERS:

This manual is a comprehensive guide to the most important areas of business life, covering interpersonal and professional skills vital to those who hold or seek to hold. Management positions in any organization, large or small in both public and private sector.

Certain sections, especially those on communications, time management, and dealing with stress-free, contain advice that is applicable outside a conventional office environment, and will, therefore, be useful to the students, first-jobbers, self-employed, and anyone else coping with the work situation that is unfamiliar to them.

MANAGING TODAY:

A full understanding of what makes people perform well and of the problems that may affect performance in the workplace is therefore essential for every manager.

The manager may require to look at ways of improving the departmental efficiency, conduct staff appraisal, and delegate a task to an employee. The same manager also has to use specialist skills in which his or her own performance may be scrutinized by superiors.

IMPROVING SKILLS:

It is organized in concise, clearly defined sections to enable busy managers to access specific information as quickly as possible.

Readers may also wish to focus on an individual section in the detail, in which case advice is given to help them research their subject and plan a strategy for action, anticipate any problems that they are likely to encounter and achieve their objectives efficiently.

USING THIS BOOK:

This manual deal first with:

  1. Interpersonal skills (Communicating clearly and managing time)
  2. To address the five basic yet important areas of management practice.
  • Making decisions.
  • Delegating successfully.
  • Motivating people.
  • Managing teams
  • Managing meetings
  1. These are followed by three sections on the specialist techniques that form part of many managerial functions today.
  • Presenting successfully.
  • Negotiating successfully.
  • Interviewing people.
  1. The book’s last two sections.
  • Managing change.
  • Minimizing stress.

Look at ways of coping with the hectic pace of modern business life.

Let’s start with Interpersonal skills (Communicating clearly and Managing time).

With respect.

 

 

MAKE A CHANGE:

MAKE A CHANGE:
The philosophical meaning of life says change is only a permanent one. Nothing will long last.
If something changes in your life. Just no need to worry, seek the possibilities.
But sometimes, changes needed. In order to attain something or in order to do so.
I’m writing, I need some changes in my writing. To move onto the next level. Even though I’m writing good or bad I still think every day.
What changes needed?
In order to be a better writer.
If you feel that, change is bad. Stuff seems some tasteless.
Don’t get wrong with me. I never say, change your dreams and goals. But the path is the most important. You could able to learn a lot from your path towards your goal. The path might change. Fine.
But the destination has to place that you had dreamt.
Don’t change your habits or progress.
But change your way of doing the things.

With respect.

 

 

LET IT BE!

After following my Guru Buddha. I learned the line “Let It Be”.

We should not make our self too complicated.

I have to this line to myself too oftentimes. But we have an obsession towards success. That’s fabulous. But, stay on the track. Don’t carry the hard feelings on your head or brain. Make a usual move.

Your eyes have to be wide open.

Keep the things on the list.

Let your mind be in attention mode. You should not leave your mind as it goes. Make your boy feel good. Realize what’s happening in your soul and mind. Look around yourself.

We each of us knew, there is no shortcut for success.

Make progress, as I often say track your results.

What is done?

What has to be done?

Do your work gradually. Just think what am I doing right now?

Let it be.

You please ready to move flexibly on your path.

Don’t rush and

Don’t be rushed by others.

KEEP CALM AND CARRY ON.

 

 

With respect.

JUST START.

No need to be expert to start.

If you would like to start something, just start. The moment you had started, possibly things goes wrong. But, there is no doubt, you can learn from it. Unless you start the stuff. There is no possibility of learning.

I have to say at this moment. For swimming, you could read a lot, and see a lot of videos. Unless you jump into the pool. If you jumped, there is enough possibility to swim and to do something in the pool.

When I started writing, I don’t know what is my content?

I don’t know how to do sentence formation?

I’m not 100% at grammar.

The moment I had decided to write. My instinct says you would like to convey something, but you still don’t know how to do?

So,

Just start.

Let’s see the after a month or let’s see if you could able to write for 100 straight streaks.

Right now, I feel good. So far, good.

Everybody started with nothing, they just started.

Every entrepreneur started in a garage.

Every writer started with no writing skills.

There is one statement, they are ready to learn and deserved to get it.

No doubt it.

So, ladies and gentleman,

Nothing to worry. Just start.

 

With respect.

 

REJECTED?

If I heard the word “rejections” I still remember the name Jack Ma. The Co-founder of Alibaba.
How many times does Jack Ma been rejected?
From Harvard to Police selections. Please correct me if I’m wrong.
Rejection is the most favourite word for successful people.
Everywhere it sounds like a bomb. It shatters everyone. It will stop everyone. It will break everyone. It will make us dumb.
But, we still don’t know, How Jack Ma’s resilience made him a successful entrepreneur?
The fact is,
Writers never bother about rejections by publishers.
Entrepreneurs never bother about rejections by investors.
Every student, if they get rejected by one or two per cent they never bother.
Aren’t they human?
Are they?
Sounds weird!
If they are rejected!
They never settle!
Instead of worrying, they ready to think.
WHAT’S NEXT?
WHAT’S THE PLAN-B?
SEEKING THE POSSIBILITIES.
Re-design it.
Re-launch it.
You must come back from every setback.
You cannot escape. If you are ready to succeed,
Just step back and learn, that’s good and roar that’s too good.

With respect.

 

 

TO BE CONTINUED WITH THE BOOK: THE FIVE TEMPTATIONS OF A CEO.

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SELF-ASSESSMENT:

This is the final chapter of this of the book.

Thank you, Ladies and Gentleman. This is the second book I’m sharing, but when I often share a valuable book I stress a lot because this one is the most prioritized one. This book will have an impact. I started realizing those insights of this book.

I still don’t know, why I included more points, but I feel these points has to be reached to all. It’s astounding.

A good way to do this is to ask yourself, “Which of the temptations made me feel uncomfortable?”

Although this is certainly unscientific, the best self-assessment is often unstructured and qualitative.

TEMPTATION 1:

CHOOSING STATUS OVER RESULTS.

  • Do you personally consider it a professional failure when your organization fails to meet its objectives?
  • Do you often wonder, what’s next? What will I do to top this in my career?
  • Would it bother you greatly if your company exceeded its objectives but you remained somewhat anonymous relative to your peers in the industry?

 

TEMPTATION 2:

CHOOSING POPULARITY OVER ACCOUNTABILITY.

  • Do you consider yourself to be a close friend of your direct reports?
  • Does it bother you to the point of distraction if they are unhappy with you?
  • Do you often find yourself reluctant to give negative feedback to your direct reports? Do you water down negative feedback to make it more palatable?
  • Do you often vent to them about issues in the organization? For example, do you refer to your staff as “we” and other employees as “they”?

 

TEMPTATION 3:

CHOOSING CERTAINTY OVER CLARITY.

  • Do you pride yourself on being intellectually precise?
  • Do you prefer to wait for more information rather than make a decision without all of the facts?
  • Do you enjoy debating details with your direct reports during meetings?

 

TEMPTATION 4:

CHOOSING HARMONY OVER PRODUCTIVE CONFLICT:

  • Do you prefer your meetings to be pleasant and enjoyable?
  • Are your meetings often boring?
  • Do you get uncomfortable at meetings if your direct reports argue?
  • Do you often make peace or try to reconcile direct reports who are at odds with one another?

 

TEMPTATION 5:

CHOOSING INVULNERABILITY OVER TRUST.

  • Do you have a hard time admitting when you’re wrong?
  • Do you fear that your direct reports want your job?
  • Do you try to keep your greatest weaknesses secret from your direct reports?

IF YOU HAVE A DIFFICULT TIME IDENTIFYING YOUR TEMPTATIONS, YOU MAY WANT TO ASK YOUR DIRECT REPORTS TO ANSWER THE QUESTIONS ABOVE AND COMPARE YOUR RESPONSE TO THEIRS.

With respect.

 

TO BE CONTINUED WITH THE BOOK: THE FIVE TEMPTATIONS OF A CEO.

18680790._UY630_SR1200,630_THE MODEL:

A SUMMARY OF WHY EXECUTIVES FAIL.

The author has given SIMPLE ADVICE FOR CEO. With temptations.

The greatest challenge of being a CEO, or any leader for that matter, is to avoid getting trapped by daily complexities and details of our “business.” To arise above challenge, we must learn to embrace the five behaviours that Andrew and Charlie outlined in the fable. From every temptation, the author has conveyed SIMPLE ADVICE FOR CEOs.

TEMPTATION 1:

SIMPLE ADVICE FOR CEOs: make results the important measure of personal success, or step down from the job. The future of the company you lead id too important for customers, employees, and stockholders to hold it and hostage to your ego.

TEMPTATION 2:

SIMPLE ADVICE FOR CEOs: work for the long term respect of your direct reports, not their affection. Don’t view them as a support group, but as the key employees who must deliver on their commitments if the company is to produce predictable results. And remember, your people aren’t going to like you any way of they ultimately fail.

TEMPTATION 3:

SIMPLE ADVICE FOR CEOs: make clarity more important than accuracy. Remember that your people will learn more if you take decisive action than if you always wait for more information. And if the decisions you make in the spirit of creating clarity turns out to be wrong when more information becomes available, change plans and explain why. It is your job to risk being wrong. The only real cost to you of being wrong is loss of pride. The cost to your company of not taking the risk of being wrong is paralysis.

SIMPLE ADVICE FOR CEOs: tolerate discord. Encourage your direct reports to air their ideological differences, and with passion. Tumultuous meetings are often signs of progress. Tame ones are often signs of leaving important issues off the table. Guard against personal attacks, but not to the point of stifling important interchanges of ideas.

TEMPTATION 5:

SIMPLE ADVICE FOR CEOs: actively encourage your people to challenge your ideas. Trust them with your reputation and your ego. As a CEO, this is the greatest level of trust that you can give. They will return it with respect and honesty, and with a desire to be vulnerable among their peers.

THE MODEL is displayed is seemingly reverse order to show the sequential impact of the principles on one another.

Installing trust gives executives the confidence to have productive conflict.

Fostering conflict gives executives confidence to create clarity.

Clarity gives executives the confidence to hold people accountable.

Accountability gives executives confidence in expected results.

And results of a CEO’s ultimate measure of long-term success.

OVERCOMING THE FIVE TEMPTATIONS:

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With respect.