You are what you do (IM 633)

What we do everyday becomes a habit and we are the reflection of what we do everyday. The way we talk to others or to ourselves reveals our character. The way we deal with different situations shows our strength and weakness. Every step we take is the reflection of our character, our mindset, our loopholes,…

Setting up your principles (IM 632)

Ray Dalio provides three simple strategy to use and create principles in your lives to make a decision Slow down your thinking so that you can know your circumstances/situation you are using your decision. Write down these situation or criteria as a principles. Acknowledge the outcome and refine them before the next “one of these”…

PRIORITIES, PROBABILITIES AND POSSIBILITIES (IM 631)

Anything is possible. The probability of getting things done depends upon prioritization. All the possibilities must be looked in terms of its probability and likelihood. Sometimes people identify possibilities without studying the probability which ends up making prioritization tough.

New vs Great (IM 630)

The biggest challenge of today’s world is to chose between “new” and “great”. It’s always a challenge to chose between new technology and the great technology. It depends on individual’s likes and dislikes. While choosing a book to read, what do you prefer? A book with a new big thing or a proven great classics?…

Learning and deciding (IM 629)

The secret to make effective decision involves two important process: learning and deciding. Learning means being able to synthesize the situation accurately by observing it as it exist and deciding means finally making the decision based on learning. Learning is the first step and deciding the second; it’s not the other way around. The important…

Don’t believe everything you hear (IM 628)

Opinions are like a personal assets and nearly everyone has one. and they share theirs with you. They state them as if it’s a fact. As a result most people believe in someone else’s opinions. They take it as it’s the only options available or it’s the only thing possible. Don’t confuse someone else’s opinion…

Worthy Adversaries (IM 627)

Steve Jobs chose Microsoft as Apple’s adversary. Adversary assists opponent to focus on main purpose and mission as they do it for themselves. This also provides leverage to the opponent. Many successful companies look up to their adversaries for their improvement and also with a goal of not getting distracted from their mission. Worthy adversaries…

The necessary drug (IM 626)

The drug we all should take is the drug of optimism and self-awareness… We all over-judge ourselves in every chapter of our life. As result of this, most of us become overwhelmed by the situation and keep dwelling. The only thing optimism and self-awareness bring in these situations is happiness and peace of mind and…

Mathematical or natural objects (IM 625)

Let’s take a sphere. Is the sphere a part of nature or is it a mathematical object? This is difficult for mathematician or a normal individual to say. Most of the objects present in the nature are described and supported by mathematical theory. As a result, it is very difficult to distinguish mathematical object from…

“Possibly” vs “Likely” (IM 624)

If you flip a coin million times, you will not get a million heads. It simply won’t happen. But isn’t it possible? Yes, it is possible to get heads for every million flip you make. But is it likely? Nope, not all. Take another example: Drop a bit of black ink in the bowl of…