BC BUSINESS
Saved by @CodyyyGardner

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
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
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Ankur Warikoo
Ankur Warikoo
@warikoo
20 lies that the world feeds us everyday

A thread...

Lie 1:
If you don't settle in your 20s, you are gone!
This is the decade.
You don't get another chance.
Study fast, get a job, get married, kids, that car, that house.
Quickly!
Time's running.
Look at everyone else doing it!

Lie 2:
People who are poor are lazy.
People who are rich are hardworking.
It is your fault if you haven't made it in life.
Look at everyone else who made it.
There is nothing granted or gifted in life.

Lie 3:
Those in corporate jobs, are unambitious.
They have sold their soul.
They are addicted to the salaries.
They could have done so much more with their life.
But they decided to spend it working for someone else.

Lie 4:
Starting your own business is the surest way of making money.
You can never get rich earning a salary.
You can never get rich working for someone else.
LIFE
Ankur Warikoo
Ankur Warikoo
@warikoo
How I created content in 2020

A thread...

Back in Aug 2016, I started creating content to share my experiences as an entrepreneur.
Over 3 years I had put out 1,200+ hours of content - posting every week without


Little did I know that something I started almost 4 years back would give my life an entirely new direction.

At the end of 2019, my biggest platform was LinkedIn with ~700K followers.

In Jan 2020, I decided to build a team that would help me with the content.

I ran a month long recruitment drive to hire a team of interns.

It comprised 4 detailed rounds - starting with my loved 20 questions, then an assignment, then a WhatsApp video round and finally F2F.

Through 1,200+ applications, I finally selected 6 profiles, starting March.

I am a firm believer in @peterthiel's one task, one person philosophy
So the team was structured such that everyone was responsible for ONLY one task

1. Content ideas
2. Videography
3. Video editing
4. LinkedIn (+TikTok) distribution
5. FB+IG distribution
6. YouTube distribution
FOR LATER READ
Ankur Warikoo
Ankur Warikoo
@warikoo
41 observations about life, in the week I turned 41.

A thread...

1.
It is easy to respect people from a distance.
True respect is when you get to know them, and still respect them.

2.
People assume that a verified Twitter profile is someone smart. Ironically, the blue tick says, "this person is EXACTLY who they claim they are"

3.
Your guides, your mentors, your managers are not there to fix your mistakes.
They are there to guide you, so that you are eventually able to see your own mistakes.

4.
Not every problem needs to be solved.
Some need to just be heard.
Just be felt.
Just be empathized with.

5.
The only success for a company is when it raises money from customers.
Not investors.

Congratulating a founder on raising money is like congratulating a chef on buying vegetables.

6.
Sometimes, stepping away from a relationship is the best way to save it.

7.
When you share your failures openly, you instantly take away all power that the world had over you.

8.
Work becomes most joyous when you are working with a set of people you would want to spend time with, even beyond work.
MOTIVATIONAL

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Anurag Singh
Anurag Singh
@anuragsingh_as
#PolicybazaarIPO Long thread: There is monetary printing by RBI, there is lending by banks & finally there is the Indian IPO. “Foreign owned” company with ~1 Bn investment is selling “Indian” unicorn to “savvy” Indians for $ 6.2 Bn. Want to know how this printing works? Let’s go-

The basics: Rs 6017 Cr being raised by new shares (Rs 3750) & re-selling (Rs 2267). Face value Rs 2 offered at Rs ~1000 per share is one of a kind. Who decides the price? Examine the valuation ladder below.
With ~$ 150 Mn invested till 2017, we see $ 525 Mn rushes in after 2018


So, a company valued $1 Bn in 2018 & $ 1.5 Bn in 2019 by key investors like Tencent, suddenly “needs money” in March 2021. Falcon Edge “invests” all of $ 75 Mn in March at valuation of $ 2.65 Bn.
Enter IPO bankers a couple of months later & they value the company at $ 6.2 Bn

Why does PolicyBazaar need $ 75 Mn just 6 months before IPO & give away 2.5 times in returns? And it doesn’t even use that money as the B/S reflects appx Rs 1000 Cr in cash lying around.
What kind of a favor is that? Why do they need US investment bank for this just before IPO?

Notice 50% rise in shareholding of promotors here & a 1: 500 bonus share issue. After all, how do you print money & still keep share price at “reasonable” Rs 1000?
Without bonus issue in June 2021, each share would have costed Rs 50,000. Heard of circular valuation?
BUSINESS , POLICYBAZAAR
ArmaLite Andy\U0001f943\U0001f96f\u2615
ArmaLite Andy🥃🥯☕...
@Deep_Seas_Oil
Piper Alpha was an originally designed as an oil producing rig in the North Sea approximately 120 miles North East of Aberdeen, Scotland. It was a fixed leg platform in water depth of 475 Feet of water. The installation sat close to 275 Feet above water to the top of the derrick.


2) It started production in December 1976 for OPCAL joint venture. OPCAL being Occidental Petroleum Caledonia, Texaco Britain, Thomson PLC, and Texas Petroleum LTD. Occidental was the majority stakeholder at 36.5%


3) Occidental being majority stakeholder took control of technical and operational duties with running and operating the rig. When oil production started in 1976 it started with a flow of 250,000 BBL/day and eventually increasing this amount to 300,000 BBL/day.


4) 300,000 BBL/day would account for approximately 10% of the UK’s oil production at the time, so needless to say it was one of the most important rigs in the area. Any gas that was flowing would be flared or consumed by gas turbine generators


5) Around 1980 there was a decision to convert the rig to also process gas along with the oil. This was a major conversion, and if it would have been scoped in from the beginning, most likely construction of the rig would have been more accommodating for gas.
BUSINESS
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Irina Dumitrescu
Irina Dumitrescu
@irinibus
I just keep being surprised by how many people expect all business to run as usual despite the fact that we're into year two of a worldwide pandemic.

Like.... anyone notice how many people's jobs got a ton harder? Or how many people lost their jobs, or the prospect of even being in the running for employment?

Anyone notice how many people now have massively heavier care responsibilities -- for children, parents, elderly relatives and friends, you name it?

Anyone notice the massive, unceasing level of stress that comes from mixed messages coming from govts, bungled safety policies and vaccination plans, endless lockdowns?

Every now and then I see someone miffed that some inessential thing hasn't gone as quickly or as efficiently as they'd have like, and I have to wonder -- are we living on the same planet?
BUSINESS
Romeen Sheth
Romeen Sheth
@RomeenSheth
I love Twitter.

It’s truly the Town Square of the Internet.

But finding the diamond in the rough voices can be tough.

Here are 20 of my favorite people to follow:

1. Alex Lieberman - @businessbarista

Alex writes extensively about the Founder journey.

The cool part is he’s lived everything he talks about - starting from $0 and selling for $75M with hardly any outside capital raised.

My favorite piece:


2. Ryan Breslow - @ryantakesoff

Ryan is a Top 1% founder.

This guy is a machine - he’s built 2 unicorns before the age of 27.

Ryan spells out lessons on fundraising, operating and scaling.

My favorite piece:


3. Jesse Pujji - @jspujji

Jesse is who I think of when I think “bootstrapping.”

He bootstrapped his company to an 8-figure exit and now shares stories about other awesome bootstrappers.

He’s also got great insight into all things growth marketing:


4. Post Market - @Post_Market

Post puts out some of the most thoughtful investment insights on this platform.

It’s refreshing because Post cuts through the hype and goes deep into the business model.

Idk who he/she/it is, but the insights are 💣.
BUSINESS
Rohun
Rohun
@RohunJauhar
If you make more than $100k per year you should have a Virtual Assistant.

If you don't, you're wasting your time on stuff that doesn't matter.

Here's the process I've created to find, interview, and manage great VA's after doing this for 5 years:

There's a lot of tasks you work on that are well below your intellectual capability.

Booking haircut appointments, ordering groceries, and finding flights is a waste of time.

First, you want to find out what tasks can you delegate.

Here's how:

Track everything you do every 15 minutes in a spreadsheet. Create 3 columns w/ the below questions

1. Do I like doing this?
2. Is it repeatable?
3. Can it be delegated?

If the answers are No, Yes, Yes -- you've found tasks to delegate!

We'll jump back into these tasks later.

Before we learn how to find them, let's understand the types of VA's:

1. Individual Freelancers (Low cost & High cost)
2. Agency VA's (High cost)

My experience has been with low-cost VA's (under $6/hour). I've gotten the same level of quality that I would with most US VA's.

Now, here's how we craft the right job post to attract the best ones: Be as specific as possible with what you expect. Here’s an example:

Also ask for a screenshot of their computer specs & internet speed results and a 2 min video of their background & why they want the job.
BUSINESS

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WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
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MINUTE DETAILS ABOUT THE ATTACK ON SHAISTA KHAN AT LAL MAHAL

Remarkable Commando op

A long 🧵 but worth your time

Aurangzeb sent his maternal uncle Shaista Khan with powerful army over 1,50,000 on the request of Badibegum Sahiba, Adilshahi sultanate

1/


Shaista Khan entered Deccan to kill Chhatrapati Shivaji Maharaj & to destroy his empire. Shahista Khan captured a lot of province and fort of Chakan near Pune.

2/


Till 3 years he gave lot of troubles to the subjects of Chhatrapati Shivaji Maharaj and he personally made Lal Mahal his destination to live at , which was the property of Chhatrapati Shivaji Maharaj . Lal Mahal, where Chhatrapati Shivaji Maharaj spent his childhood.

3/

1. In the April 1663 Chhatrapati Shivaji Maharaj personally made a surprise attack on Shahista Khan in the Lal Mahal Pune.

2. Chhatrapati Shivaji Maharaj attacked with 300 soldiers at the midnight while Lal Mahal had strong security of 1.5 lac soldiers for Shahista Khan.

4/

3. He entered in Pune, he made a drama of wedding ceremony to enter in Pune near Lal Mahal.

4. During the night they made big hole at the wall of Lal Mahal and entered into the palace.

5/
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Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
RISHI BHRINGI AND ARDHA-NAREESHWAR SHIVA

Rishi Bhringi was a devoted bhakt of Mahadev. However, in his devotion to Shiva, he ignored Mata Parvati.

Once, he visited Kailasha along with other Rishis. All the Rishis did parikrama of Shiva and Parvati both except Rishi Bhringi.


The same situation continued whenever Rishi Bhringi visited Kailasha. Mata Parvati decided to teach him that Shiva and Parvati are one and inseparable.
So on one such visit, Mata Parvati sat on the left lap of Mahadev when Rishi Bhringi came.


Seeing this, Rishi Bhringi took the form of a bee(some say bird) and did pradakshina/ parikrama only around Shiva’s head and ignored Ma Parvati.
Angered Mata took away the Shakti from his body. Rishi lost his blood and flesh and was left with a bare skeletal form.


Seeing him in such a situation where he was unable to support himself, Shiva granted a third leg to him.
Shiva then fused one half of his body with that of Ma Parvati and appeared as Ardha Nareeshwar.
Rishi Bhringi finally realised that Shiv and Shakti are one and the same.
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Jig's Patel
Jig's Patel
@jigspatel1988
Thread on
"Intraday Banknifty Strangle based on OI data"

(System already shared, today just share few examples)
(1/n)

-Trade timing after 9:45

-Check Banknifty change in OI data at 9:45, and identify the highest OI built up in call side and put side

-We will sell both strikes with combined premium as SL on both legs.
(2/n)

28th June 2021

BN open-35440
At 9:45 trading at 35350
Highest OI in call side at 35500 CE and 35000 at put side
Strike selection 35500 CE- 35000 PE
(3/n)


29th June 2021

BN open-35323

At 9:45 trading at 35112

Highest OI in call side at 35300 CE and 35000 at put side

Strike selection 35300 CE (232) - 35000 PE (150) Combined premium 382 , Both legs SL 382
(4/n)


30th June 2021

BN open-35030

At 9:45 trading at 35002

Highest OI in call side at 35000 CE and 35000 at put side

Strike selection 35000 CE(176)- 35000 PE(213) Combined premium 389 , Both legs SL 389
(5/n)
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Simon Wardley #EEA
Simon Wardley #EEA
@swardley
X : Our executive team is concerned that we need to up our game in order to out innovate Amazon.
Me : Do you map?
X : Yes
Me : Like this?
X : No. What's that?
Me : A map of a tea shop.


X : Why is that a map?
Me : Long story, all to do with how space has meaning. To keep it short, maps help people to focus on user needs, the components involved, to communicate missing components and scenario play ideas like staff becoming robots.


Me : They’re also good for measuring and managing capital flow, making investment decisions, removing bias and getting rid of duplication.
X : I don’t see how that helps with innovation?


Me : Well, innovation is a tricky word because we use it to describe many things. If you’re talking about differentiation with the adjacent unexplored then you’re experimenting in the “uncharted” space e.g. immortality with magic provided by the special custom built kettle.


X : That sounds like nonsense.
Me : A lot of what people think will be the next great innovation is nonsense. Actually, most of it is. That’s the nature of the uncharted space, it’s experimental, high risk and generally results in failure.
X : We need more reliable innovation.
TECH
Anshul Pandey
Anshul Pandey
@Anshulspiritual
RISHI ASHTAVAKRA(DEVAL)

Those who are well versed in our ancient scriptures must definitely have come across the name of Ashtavakra Muni. Who was he and what is the story behind his body getting crooked from all sides.

Muni Asit was the son of Pracheta Rishi.


He was childless and this caused a lot of worry to him. But an Akashvani assured him that he should go to Shivji to get all his
worries nullified.

So he along with his wife go to Shivji and after paying him obeisance start singing Shivji's praises.

He describes Shiv as the one who is beyond any other thing, whose glory has no words to describe. After this the couple stands with folded hands in front of Rudradev. The strotras sung in praise of Shiv possess magical qualities even today.

Shiv gets satisfied by them soon and is ready to grant a boon.

Shiva told him that, he very well knew what the Muni desired. He then gives him the "Sansaar Vijay' mantra and asks him to keep reciting it. The Isht devi would come at an appropriate time and fulfill his wish.

Asit Muni kept reciting this mantra for hundred years. The Devi appeared and granted him the boon of a son as a Shivansh. A son was born and was named as Deval. He grew upto be a great scholar well versed and a handsome young man. Asit Muni got him married to Ratnamalavati.
RELIGION