BC BUSINESS
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No one is going to do it for you

A thread...

 As a founder, if you won't show up every single day, despite how you are feeling, or how the startup is doing or what the press is writing about you, or your cofounders not working out, or your product failing or your customers shouting

No one is going to do it for you
As a student, if you won't do things that scare you, that make you feel nervous, that challenge you, that intimidate you, that you have always wanted to do but never gathered the courage to

No one is going to do it for you
In your first job, if you are not going to make an effort to know how things have happened before and why, to meet new people, to seek help, to ask for feedback, to be patient with results, to not seek "impact" in the first month itself

No one is going to do it for you
If as a son/daughter you are not going to realize what your parents went through while growing up, that they want the same things from your life that you want for your self, that their path is different but there are reasons why

No one is going to do it for you
While looking in the mirror if you do not realize how blessed you are, how fortunate you are, how privileged you are - to be born in a family that took care of you, gave you love, food, shelter, education and an upbringing

No one is going to do it for you
If you are not going to read, not going to listen, not going to shut down all garbage that you consume, not going to spent time with people with a different perspective, not going to observe and learn

No one is going to do it for you
If you are not going to be there when they need you the most, despite it being hard, despite it draining you, despite it taking a toll on you, only because you love them, you care for them and wish well for them

No one is going to do it for you
If you are not going to have the courage to take the path you wish to take, despite what the world thinks of you, despite what the world tells you to do, despite all the obstacles that you can foresee, only because it makes you truly happy

No one is going to do it for you
If you won't stand up and say, "no - I am not going to complain, I am not going to whine, I am not going to talk shit, I am not going to play victim"

No one is going to do it for you
If you won't realize that the most precious gift you can give someone is listening to someone without judgement

No one is going to do it for you
If you won't give yourself the freedom to be truly yourself, to be truly authentic, to not care a damn about what the world thinks, to be comfortable dancing in public without alcohol or drugs

No one is going to do it for you
If you won't respect your own time, if you won't say no more often, if you won't prioritize for what is important as against what is urgent

No one is going to do it for you
During the years when you work the hardest with nothing to show, if you do not acknowledge yourself

No one is going to do it for you
If you are not your best friend, if you do not love yourself, if you do not respect yourself, if you are not kind towards yourself, if you not compassionate with yourself

No one is going to do it for you
As a leader if you do not coach your team, if you do not give instant feedback to the team, if you do not show them a better version of themselves, if you do not respect them as individuals, if you do not surround yourself with the best

No one is going to do it for you
As a parent, if you are not going to answer your kid's persistent questions, if you are not going to encourage them to chose their own path, if you are not going to tell them the importance of being happy more than anything else

No one is going to do it for you
As an working professional, if you are not going to take responsibility of your career

No one is going to do it for you
If you are not going to take the responsibility of your own happiness

No one is going to do it for you
The year 2020 taught us one thing, more than anything else.

When times are tough, when times are uncertain, when times are depressing

And we are craving for support, love, acknowledgement, validation

We always have our own selves
And if we can attend to ourselves before we attend to anyone else, we will gather the courage to help not just our own selves, but everyone else too.

My only wish for all of you in 2021
May you fall in love with your own self
Because if you do not love yourself

No one is going to do it for you

More from Ankur Warikoo

Ankur Warikoo
Ankur Warikoo
@warikoo
How I invest my money

A thread...

Last year when I stepped down as the CEO of nearbuy - I was a classic case of paper wealth with no cash in hand.

I had stupidly over indexed on equity, made terrible mistakes with money (see thread the end of this thread) and had no other income stream.

I realized the biggest mistakes I had made was investing in largely illiquid assets - startups and real estate. With extremely poor liquidity.

So while I had "wealth" I did not have any income.

The last year I have been working on changing that.

1. Term Insurance
A decade back I bought a term insurance plan for 25 years, for 10Cr.

Which means if I die in the next 25 years (by the time I am 55), my family will get 10Cr (over and above my ongoing loans).
If I don't die, I get nothing.

My logic at 30 was that by 55 I should be able to get to the 10Cr mark myself.
Until then I rely on an insurance plan.

This amount I believe takes care of all current and future needs of my family.

This gives me mental peace, should something happen to me ever!
INVESTING MONEY
Ankur Warikoo
Ankur Warikoo
@warikoo
10 ways I am running my current startup differently from the ones before

A thread...

Difference #1
Bootstrapped as against raising money

https://t.co/RKWB3KfMZt was a venture funded company. We raised $43Mn from top investors, but I couldn’t give them a return that I would be proud of. In the process, learning how raising money works but also doesn’t work

My current startup is bootstrapped.
I do not intend to raise money for it.
It has been profitable from Day 1 and that is the way I hope it remains.

I have raised money from customers.

Difference #2
Slow and small

For the past decade, I was in the mode of fast and big.
Being fast was the only thing that mattered.
And you either go big or go home.

Today, I am taking it slow.
Slow to add costs, slow to take decisions that are irreversible.

I am patient because all good things in life take time!
ALL
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Ankur Warikoo
Ankur Warikoo
@warikoo
My Productivity Hacks

A thread...

Productivity Hack #1
Not try to remember anything

I consciously and obsessively try to NOT remember things.
So that my mind dispenses the least amount of energy in remembering tasks or even context.

Hence, I carry a notebook with me always.
I take notes like a school student
I put tasks in a calendar
I send myself emails in the future

My mind's energy should be spent in thinking.
Not remembering!

Productivity Hack #2
Document EVERYTHING!

At any point I have 3 notebooks
1. Ideas
2. Todos lists for the day
3. Meeting notes

And I write down things.

Writing helps tell the brain that this is important.
And it helps me not "try and remember" anything.

Productivity Hack #3
I put everything on a calendar

My calendar is my lifeline.
Everything is on my calendar.
Bills to pay, birthdays to remember, threads to write, weekly routines.
LIFE LESSONS
Ankur Warikoo
Ankur Warikoo
@warikoo
20 online courses for your 20s

A thread...

Microsoft Excel - Excel from Beginner to Advanced

I LOVE excel and genuinely believe it to be one of the best pieces of software ever made.
So many of my life decisions are made on it and I think knowing how to use excel is an important life

The Complete 2021 Web Development Bootcamp

While I live with no regrets, hand on heart not knowing how to code is one regret I have.
The ability to convert your thoughts into a consumable product is nothing short of

The Complete Digital Marketing Course

The skill to reach audiences digitally, is going to be defining in the next 10-20 years.

While the platforms will change, the fundamentals

The Complete Foundation Stock Trading Course

In my 20s I frankly gambled my money away in stocks, thinking this is where "paisa dugana ho jata hai raato raat".

I took a stock trading course 7 years back and I wish I had 20 years
ALL , ONLINE BEST COURSES , ONLINE COURSES
Ankur Warikoo
Ankur Warikoo
@warikoo
A set of 20 books, to understand the world.

A thread...

1.
Hands down the most powerful, yet simplistic description of

2.
This book bravely attempted to answer the "Why" of human existence and I personally think did a commendable

3.
The most hard-hitting book I remember reading, where I found myself in perpetual

4.
If I ever write a book on life, this would be my inspiration. The simplicity and impact of the book held me in
ALL , INSPIRATIONAL , BOOKLIST

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Mario \u201cI have a model for that\u201d Platt
Mario “I have a model ...
@madplatt
Compliance is fundamentally at odds with innovation and continuous improvement

Compliance tends to constrain operations to narrow sets of approved sequences of tasks as the means to assure the secure attainment of certain business outcomes. But at what cost ?

🧵

Operational practices have an emergent nature to them. They’re affected by people, their expertise, their relationships, their team goals, role perceptions and also member needs as humans and professionals.
In this entangled mess of variables, aspects practice-as-done are

Constantly morphed as a response to economic pressures (deadlines, business demands), workload demands (as people tend to automate or agree patterns to reduce cognitive load of tasks and become more efficient) and understanding of safety and security related barriers.

All of these tend to be fluid and non fixed. In this continuous interaction with the environment and different pressures acting on it, there are numerous opportunities for improvements which have local relevance and emerge out of local needs and interactions of elements. However

In order to do so, and to support innovation and continuous improvement the practices need to have a requisite level of variability so practitioners exercise their Fingerspitzengefühl (fingertip feel) for what works and what doesn’t, within their constraints and pressures
BUSINESS
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🇯🇵 🇩🇪 JK Trump Support...
@TTrumpSJapan
🇺🇸#TreasonAgainstAmerica 1/12


🇺🇸#TreasonAgainstAmerica 2/12


🇺🇸#TreasonAgainstAmerica 3/12


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BUSINESS
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Pat Oshaw
Pat Oshaw
@ptoshee
This is a GREAT argument to pull up when talking to people about minimum wage. Some others nested below


A large number of new jobs being created are minimum to low wage, so looking for a new job generally won’t increase pay.

Raising minimum wage helps things not directly related.

Helps Infant mortality? Yup.

Lowers Suicide? Yup.

Reduce smoking rates? You bet.

It also boosts the local economy! Minimum to low wage earners spend more % of their money, so an increase means more is spent, often in community!

Low paying jobs are often in sectors which would gain from this. More people spending money in your shop makes your business more money! Now you have more profits and increased labor costs are covered.
BUSINESS
S\u0142awomir D\u0119bski
Sławomir Dębski...
@SlawomirDebski
There’s rumour about confidential negotiations btn the Biden admin and the German gov. Their goal: to find a way out of the mess in which the whole transatlantic community finds itself because of Merkel’s support for Putin’s pipeline—Nord Stream 2

2/ The preferred solution for the Biden team would be to deny Putin the ability to exercise energy blackmail against Central Europe and Ukraine, while at the same time foregoing sanctions against Germany.

3/ Early in his career, Biden’s Secretary of State Anthony @SecBlinken had analyzed the decision of the Reagan administration not to levy sanctions against West Europeans for building the Siberian pipeline with the Soviets.

4/ See for example:

5/ Reagan decided to take a step back, calculating that the unity of the West was more important than the gas pipeline. Not even Lady Thatcher supported Reagan’s policy.
BUSINESS
Ryan Breslow \U0001f57a
Ryan Breslow 🕺...
@theryanking
10 sales tactics that work:

1/ Stage out the conversation

One conversation is just that: another conversation.

Land a second, and now you’re being “evaluated”.

Don’t try to jam through everything in the first convo.

Do just enough to pique their interest and land that second meeting.

2/ Do your homework

If you’re pitching a customer, use their product,

Read about the company and the person you’re talking to.

Ultimately, this proves that you will do the work to make their lives easier.

It’s so powerful yet so easily overlooked.

3/ Ask about the decision making process

Who is required to make a decision like this?

What would you need to see from me to be able to buy?

How long will it take to make a decision?

These questions give you the roadmap on how to close the deal.

4/ Don’t always demo

Sometimes it’s habit to jump straight into a demo.

If someone wants to talk first, do that.

This could consume a whole first conversation.

Which gives you a great excuse for that second meeting: going thru the demo.
MARKETING , BUSINESS

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SRI BANKEY BIHARI JI, VRINDAVAN (UP)

Very famous Krishna Mandir where Bankey Bihari Ji is worshipped and looked after as a child.
Bankey means “Bent at three places”.
Thakur Ji was worshipped in Nidhivan till 1863. This mandir was constructed in 1864 by Goswamis.
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Legend says that Swami Haridas used to worship Krishna in Nidhivan.
Once, his curious disciples entered the forest but they were almost blinded by bright, intense light. Upon knowing this, Swamiji himself went there and after his requests, Krishna appeared with his consort.


Krishna, then, left back this black charming murti,which we see now, before disappearing.
A curtain is drawn before the murti after every 15-30 second. It is said that if one stares long enough into the eyes of Shri Banke Bihari, the person would lose his self consciousness.


Bankey Bihari Ji sports a flute only once a year on the eve of Sharad Purnima.
Darshan of His lotus feet can be done only on Akshay Tritiya every year.
There are no loud bells here and
no early morning Darshan can be done so that child Krishna’s sleep is not disturbed.
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Elizabeth May
@_ElizabethMay
This is NONSENSE. The people who take photos with their books on instagram are known to be voracious readers who graciously take time to review books and recommend them to their followers. Part of their medium is to take elaborate, beautiful photos of books. Die mad, Guardian.


THEY DO READ THEM, YOU JUDGY, RACOON-PICKED TRASH BIN


If you come for Bookstagram, i will fight you.

In appreciation, here are some of my favourite bookstagrams of my books: (photos by lit_nerd37, mybookacademy, bookswrotemystory, and scorpio_books)
FUN
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1/ Something strange is happening with people’s sex lives. 20-somethings are having sex later and less frequently than previous generations. I spent several months digging into this for @theatlantic. https://t.co/5ehzmWY9wi


2/ This phenomenon—I’m calling it a Sex Recession—really surprised me. It seemed improbable in the age of Tinder, digital porn, and attitudes that are generally permissive and sex-positive.

3/ What’s happening isn’t exclusively American: Similar trends are being observed in other countries, including Japan, Australia, the U.K., Finland, and the Netherlands.


4/ One cause is obvious: Adults under 35 are less likely to be living with a partner than in recent decades, and more likely to be living with their parents—which, it’s safe to say, isn’t great for one’s sex life.

5/ But I also found other explanations, each with profound implications. The first, unsurprisingly, has to do with internet enticements. Netflix and other online entertainment may be substituting for sex.
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Invest Like the Best
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In 1937, a trucker got frustrated waiting for his cargo to be unloaded. He later sold his company for $1.1 billion.

Here’s the story of how Malcom McLean made a billion dollars and which startup could be following in his footsteps. (Inspired by our episode with @laurabehrenswu)


In the early 1950s, the shipping industry was a dying business.

New York’s docks were handling half as much domestic cargo in the early 1950s as they had been in the depressed 1930s.

In thirty years, no one had invested significant money in coastal shipping.

Why?

As McLean found out, loading ships was difficult and slow.

A truck or train would deliver items to the port. Each item was unloaded separately, recorded, and carried to storage.

When a ship was ready, each item was taken from storage, counted again, and hauled on-board.


The cost of this labor was significant. As one expert at the time explained:

“A four-thousand-mile voyage for a shipment might consume 50 percent of its costs in covering just the two ten-mile movements through two ports.”


Yet, despite the industry’s issues, it felt little pressure to change.

Foreigners were barred from operating domestically. Cartels ran international routes. And gov. subsidies eased the pain of labor costs.

Reshaping the industry needed an outsider.

Enter Malcolm McLean.
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Ottoman History Podcast
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Here is a special thread introducing our series on “The Making of the Islamic World.” It offers 10 episodes about the transformation of Islamicate societies between the 7th and 17th centuries. You can find the series page here: https://t.co/7mL9eWmMmz


This is Chris Gratien posting. I created this series during Fall 2020 for my students as asynchronous material supported by readings and discussion. This is going to be a long thread, but it will be a great shortcut for those looking to make similar use of these materials.

There are two items worth pointing out: 1. This is an overview of the political, social, and cultural history of Islamicate societies. It does not deal with the origins of Islam or many theological questions. It does discuss Islam’s spread and the transformation of Islamic law.

2. This is the first part of a two-part sequence that takes the history of the Islamic world into the present. It emphasizes developments and themes that have particular relevance for later periods.

This is really a multivocal narrative of Islamic history. We feature over 20 scholars from almost as many institutions. Many of those who worked on it, myself included, study the early modern and modern era but have teaching obligations that take us further back in history.
RELIGION