Wednesday, September 30, 2020

Why inherit when you can create wealth?

 

Why inherit when you can create?

You hear me right. I am talking about wealth.    We hear about #nepotism but do you really believe you can inherit it.

Do you believe if you want to have money💰💵 , you get it from the loss of other people.  Believe me, people are not poor because someone else is rich.  They are poor because they failed to earn it.

#success can not be measured in monetary terms.  But you don't have to feel guilty if you have wealth.  Wealth can be created and it can be infinite. 

#mindset is the tool, no other qualification required. #beliveinyourself and you will achieve it.

For those who still don't think so. People were wealthy before paper money came to existence.  The amount of money will go on increasing with the number of people wanting to earn it. How? They will print it.  #kanganaranuat earned it for herself from nothing and that too without depreciating the wealth from some of the best ⭐ in the industry.

So don't hold back, go for it.  But help those who can't earn for themselves.

#money #wealthtransfer #wealthcreation #futuregoals

Tuesday, September 29, 2020

Reducing women workforce in India

 

Reducing women workforce in India

Kya farak padta hai?

The numbers are alarming.  Few days ago I came across an article about the issue.  We have only around 4-5% women at senior positions.  Around 27% of the total women population is working in corporate job's. And the numbers are reducing every year.

Reasons:
- Marriage
-Child birth
- work pressure
-Family value
-Unwillingness to travel after marriage

We have countries like Nepal and Sri Lanka with more women workforce then us. It's time we try to get the women back to mainstream. 

-Women should be able to comeback after career break. 
-Encourage mother's to have flexible working hours. 
-Daycare facility at work
-Training and consulting at work
-Support for team and family

#bullying #worklifebalance # #supervisors #womenempowerment #womenatwork #genderpaygap #equalitycantwait

Wednesday, September 23, 2020

How much are you worth?

 

How much are you worth?

Our minds are programmed to value ourselves or our skills at less then others. We don't ask what we feel we are worth because we think other's might not think we're worth it and so we stop ourselves from asking it.  Especially women.

First question- How much am I worth?
Simply divide what you want to earn with the time you are willing to spend on earning the same.

For example, I want to earn ₹50,000/- in 50 weeks, working for 40 hour's a week. That means I am worth ₹25  per hour.

I believe if we stand by what we want, we will get what we want. 

Second question-what if people don't agree?
They will never understand you.  Find the person that knows your worth and you will be valued for life.  The wait is worth!

#success #leadership #valuesbasedleadership #values # #leadershipdevelopment #leadershipmatters #motivation #jobs #mindset #change #worklifebalance #mentalhealth #supervisors

Tuesday, September 22, 2020

Work with Friends

 

Work with Friends!

We know that 80% of the jobs never reach the job sites. 

Manager try to work with friends, rather then making friends with people with whom they work.  We may call it comfort zone.

These can be few learning's then

# Try to be everyone's friend at work, especially with your boss

#  Have empathy, the times are difficult and people want good listeners

# Stay connected and built your network.  Your will reach the destination faster

#  Don't lose hope.  Everything happens at it's own time,  wait patiently

# It's impossible to be in everyone's good book but try to maximize

#  Don't underestimate anybody. Future holds surprises for all

# Help the distressed. Remember no effort will ever go waste

Last and the most important.  Say "I can do it"  with a smile on the face


Sunday, September 20, 2020

The Prank!

During a prank, a student stuck a paper on his classmate's back that said "I’m stupid"; he asked the rest of the class not to tell him.

Thus the students began laughing throughout the day... Shortly after, math class started and their professor wrote a difficult question on the board.

No one was able to answer it except that student. Amid the slight laughs, for he didn’t know why, he walked towards the board and he solved it, the teacher asked the class to clap and remove the paper on his back.

He told him “It seems that you don’t know about the paper on your back that one of your classmates put and the rest of them kept it a secret.”

Then he faced towards the rest of the class and said “Before I give you a punishment, I will tell you 2 things: Firstly, throughout your life, people will put labels on your back with many bad things written on it to stop your progress.

If he had known about the paper, he would not have answered.

All you have to do is ignore it. Ignore the labels people give you and use every chance you have to progress, learn and improve yourself.”

“The 2nd thing is that it’s clear that he does not have any loyal friends among you all to tell him about removing the paper. It does not matter how many friends you have, it is the Loyalty between you and your friends that matter."

Financial Ability

 

Financial ability!

It's not a typo error.  Financial ability is the need in today's world.

Pandemic has taught us a lot.  People are out of jobs for no specific reason.  The family needs don't take a break.  The savings will not last forever.

We were always advised to buy a house that will earn you rent after retirement.  Invest in VPPF, Blue chip shares, insurance, pension funds and all these are suppose to take care of you after retirement.  But the question not asked was what if I need the money to live today?

People who lost their jobs have to pay the EMIs and premiums now. They need the money now.

I now you can sell the house and surrender the policies to get out of the situation today. But then should you not invest?

Financial ability is the answer. Generate different source of income with your business and salary.  Gone are those days when salary hikes would fulfill your dreams.  There are different means of income available in current digital world.  It does not required your full time and can generate recurring income.  Examples can be YouTube channel, online tutorial, affiliate marketing, blogging and many more. Just explore ur talent.

It's high time we learn our lesson from the pandemic.  As they say, lessons are repeated unless they are properly learnt

Friday, September 18, 2020

Banking Regulation (Amendment) Bill after the PMB crisis?

Banking Regulation (Amendment) Bill after the PMB crisis?


The PMB crisis could be the seed of the amendment to Banking Regulation Bill. Punjab and Maharashtra Cooperative Bank (PMC Bank) has been confronting administrative activities and investigation over supposed abnormalities in some credit accounts. Advances given to land player HDIL were the main point of the examination. 


The crisis at PMC Bank became visible on September 24, 2019, the day the RBI put checks on the exercises of the Mumbai-based bank for a half year. The bank likewise restricted the sum a client could withdraw from their account during the period.


Considering the crumbling state of Co-operative banks in the nation due to current pandemic crises, Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020. The Bill proposes changes to the Banking Regulation Act, 1949. With this new Bill, the government means to bring co-operative banks under the RBI regulation. 


With the corrections, RBI will be capable of undertaking scheme for amalgamation of a co-operative bank without placing it under restrictions. Before this revision, it not only restricted the withdrawals by depositors, but also stopped a bank’s lending operations. However, the changes will not affect the existing powers of the state registrars of co-operative societies under state laws.


This Bill correction isn't for government to assume control over the co-operative banks. It will help the co-operative banks in the long term and also protect the depositor's interest.