Why India is still a developing country ?

Recently I Read a Brilliant Story on Quora and Think it Perfectly Relates to India as a Developing Country and perfectly describes the reason behind India’s underdevelopment.

Old Story:

The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter.
The Grasshopper thinks the Ant is a fool and laughs dances plays the summer away.
Come winter, the Ant is warm and well fed. The Grasshopper has no food or shelter so he dies out in the cold.

India - GrassHopper
New Version:
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter.
The Grasshopper thinks the Ant’s a fool and laughs dances plays the summer away.
Come winter, the shivering Grasshopper calls a press conference and demands to know why the Ant should be allowed to be warm and well fed while others are cold and starving.
NDTV, BBC, CNN show up to provide pictures of the shivering Grasshopper next to a video of the Ant in his comfortable home with a table filled with food.
The World is stunned by the sharp contrast. How can this be that this poor Grasshopper is allowed to suffer so?
Arundhati Roy stages a demonstration in front of the Ant’s house.
Medha Patkar goes on a fast along with other Grasshoppers demanding that Grasshoppers be relocated to warmer climates during winter .
Mayawati states this as “injustice” done on Minorities.
Amnesty International and Koffi Annan criticize the Indian Government for not upholding the fundamental rights of the Grasshopper.
The Internet is flooded with online petitions seeking support to the Grasshopper (many promising Heaven and Everlasting Peace for prompt support as against the wrath of God for non-compliance).
Opposition MPs stage a walkout. Left parties call for ‘Bengal Bandh’ in West Bengal and Kerala demanding a Judicial Enquiry.
CPM in Kerala immediately passes a law preventing Ants from working hard in the heat so as to bring about equality of poverty among Ants and Grasshoppers.
Lalu Prasad allocates one free coach to Grasshoppers on all Indian Railway Trains, aptly named as the ‘Gharib Grasshopper Rath’.
Finally, the Judicial Committee drafts the “Prevention of Atrocities Against Grasshoppers Act” [PAAGA], with effect from the beginning of the winter.
Arjun Singh makes ‘Special Reservation’ for Grasshoppers in Educational Institutions in Government Services.
The Ant is fined for failing to comply with PAAGA and having nothing left to pay his retroactive taxes, it’s home is confiscated by the Government and handed over to the Grasshopper in a ceremony covered by NDTV.
Arundhati Roy calls it ‘A Triumph of Justice’.
Lalu calls it ‘Socialistic Justice’.
CPM calls it the ”Revolutionary Resurgence of the Downtrodden’
Koffi Annan invites the Grasshopper to address the UN General Assembly.
Many years later…
The Ant has since migrated to the US and set up a multi-billion dollar company in Silicon Valley,
100s of Grasshoppers still die of starvation despite reservation somewhere in India,
..AND
As a result of losing lot of hard working Ants and feeding the grasshoppers, India is still a developing country…!! ! 🙂 🙂 🙂

 

Source : Quora

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My Bucket List

I Always Thought of Putting up a Bucket List of Things I Wanted to Do, And see how Much I can Accomplish.

1)      Sky Diving

2)      Scooba Diving

3)      Hitch Hicking across the Country

4)      Living a Minimalist Life (Maximum 10 Items)

5)      Spending a week without money and other necessities

6)      Educating an unprivileged child

7)      Meet Shri Atal Bihari Vajpayee

8)      Meet Dr. APJ Abdul Kalam

9)      Meet Lance Armstrong

10)   Meet Field Marshal SHFJ Manekshaw (Unfortunately He Passed Away in Jun 2008)

11)   Own a Stock Brokerage Firm

12)   Start An Educational Institution

13)   Work in a Non Profit, NGO

14)   Join Politics

15)   Fall in Love

16)   White Water Rafting

17)   Bungee Jumping from a Cliff

18)   Run a Complete Marathon

19)   Complete Four Deserts Race

20)   Own a Library

21)   Direct a Movie

22)   A 1000+ Km Road Trip By Bike

23)   Give a TED Talk

And a Lot more to Come in Future, if you have any please add them in the Comments Section.

Things to do Before I Die

I Always Thought of Putting up a Bucket List of Things I Wanted to Do, And see how Much I can Accomplish.

1)      Sky Diving

2)      Scooba Diving

3)      Hitch Hicking across the Country

4)      Living a Minimalist Life (Maximum 10 Items)

5)      Spending a week without money and other necessities

6)      Educating an unprivileged child

7)      Meet Shri Atal Bihari Vajpayee

8)      Meet Dr. APJ Abdul Kalam

9)      Meet Lance Armstrong

10)   Meet Field Marshal SHFJ Manekshaw (Unfortunately He Passed Away in Jun 2008)

11)   Own a Stock Brokerage Firm

12)   Start An Educational Institution

13)   Work in a Non Profit, NGO

14)   Join Politics

15)   Fall in Love

16)   White Water Rafting

17)   Bungee Jumping from a Cliff

18)   Run a Complete Marathon

19)   Complete Four Deserts Race

20)   Own a Library

21)   Direct a Movie

22)   A 1000+ Km Road Trip By Bike

23)   Give a TED Talk

24)  Appear on the Cover of TIME Magazine

And a Lot more to Come in Future, if you have any please add them in the Comments Section.

Please Get in Touch If you Can help me out in any of The Above

Brainwash yourself to startup

The Big Idea - Light Bulb & Socket

The Big Idea

When an idea strikes our head, the first thought is often to disregard that idea or counter that thought by using various statements like “this won’t work out, I don’t have enough money, I don’t know how to do that, I don’t have enough resources, nobody will buy my product etc”. Unfortunately our subconscious mind has been trained by our experiences to question our beliefs and thus the idea is killed by our skeptical thoughts.The solution to this problem is to train our thought process to rephrase the questions in a different way and then ask “how can I make this work, how can I generate enough money, how can I learn to do that, how can I use current resources to start executing my idea, who is my target customer etc”The trick here is to keep asking questions like “why” and “how” rather than reaching conclusions and making declarative statements. The biggest hurdle in Starting up is about starting up itself. And Starting up is what differentiates the elite 1% from the 99% crowd. Once we take the decision to implement our ideas we start figuring out the ways to move forward as we face new challenges and keep repeating these questions and figure out the answers.

Another good practice is to consistently read about startups and people who make it big and their biographies. All the self-made people started out with just an idea and created cult companies out of it. Steve jobs with his design skills and technical expertise of Steve Wozniak became a messiah among the geeks and non geeks alike. But we must remember that he started out with nothing apart from an idea to form a company which sells computers which everybody can afford. He wouldn’t have attained the godly status if he would have been apprehensive about his abilities.

So don’t let that idea of yours die a slow death by not working on it and doubting your abilities and start working on it immediately.

Brainwash yourself to startup

The Big Idea - Light Bulb & Socket

The Big Idea

When an idea strikes our head, the first thought is often to disregard that idea or counter that thought by using various statements like “this won’t work out, I don’t have enough money, I don’t know how to do that, I don’t have enough resources, nobody will buy my product etc”. Unfortunately our subconscious mind has been trained by our experiences to question our beliefs and thus the idea is killed by our skeptical thoughts.The solution to this problem is to train our thought process to rephrase the questions in a different way and then ask “how can I make this work, how can I generate enough money, how can I learn to do that, how can I use current resources to start executing my idea, who is my target customer etc”The trick here is to keep asking questions like “why” and “how” rather than reaching conclusions and making declarative statements. The biggest hurdle in Starting up is about starting up itself. And Starting up is what differentiates the elite 1% from the 99% crowd. Once we take the decision to implement our ideas we start figuring out the ways to move forward as we face new challenges and keep repeating these questions and figure out the answers.

Another good practice is to consistently read about startups and people who make it big and their biographies. All the self-made people started out with just an idea and created cult companies out of it. Steve jobs with his design skills and technical expertise of Steve Wozniak became a messiah among the geeks and non geeks alike. But we must remember that he started out with nothing apart from an idea to form a company which sells computers which everybody can afford. He wouldn’t have attained the godly status if he would have been apprehensive about his abilities.

So don’t let that idea of yours die a slow death by not working on it and doubting your abilities and start working on it immediately.

Satisfaction – What it means to you?

English: Maslow's hierarchy of needs. Resized,...

Maslow’s hierarchy of needs.(Photo credit: Wikipedia)

Maslow’s Hierarchy of Needs discusses about human needs on various levels Starting from Physiological, safety, love/Belonging, esteem and moving up to self actualization at the highest level. Abraham Maslow in his paper titled “A Theory of human Motivation” talks about these needs which he has categorized into two parts “D (Deficiency)-needs” and “B (Being)-needs”. Deficiency needs are the first four needs which are physiological, safety, love/belonging and esteem needs while B needs is the need for self actualization. A person feels the need for self actualization only after his deficiency needs are fulfilled.

Entrepreneurs are always driven by the need for self actualization and are thus happier when they get freedom to create and think. They also become more creative and are able to solve problems more efficiently when they think freely. Coming back to Satisfaction, It is defined as “fulfillment of a need or want” according to http://www.merriam-webster.com/dictionary/satisfaction.

For most of the people needs fall into the D-Needs category which means they are satisfied when their materialistic desires and basic needs are fulfilled. While others look at the top of the pyramid beyond the need of food and safety. They look for freedom to create things and experiences and are satisfied only when these needs are met. And once these needs are met they move on to solve bigger challenges.

For some, satisfaction can generate from a monthly income which is enough to take care of their family and instills a sense of security in them. For a School student satisfaction means getting good grades in school. While for a college student, satisfaction means getting a placement in a good company.

As we walk up the ladder our needs keep increasing and thus levels of satisfaction decrease. And finally we reach a level where we learn to cope up with need and satisfaction imbalance on the material level and strive for the final goal of self realization and start searching for our purpose in life, which is when we are totally satisfied. And this is the need which motivates a person to solve a problem and becomes the mojo for an entrepreneur and drives him on and on towards excellence.

Whats your mojo and how do you derive satisfaction form it?

Importance of MBA !!

Today afternoon I received an interesting call from a lady from a famous Management institute urging me to join for an MBA program. And then the discussion veered off to Importance of MBA’s with regard to success in life.

Here are the few reasons why I think doing an MBA does not hold much relevance in India.

In current scenario the approx salary of a MBA grad from a normal school is around 25k which is also the normal salary of a freshly passed out Engineering Graduate. And if we talk about premier management institutes like XLRI or IIM’s in India then there is a very different scenario out there.

Around 3,00,000 Candidates appear for CAT(Common Admission Test) each year out of which around 300 candidates get selected per institute in a batch which amounts to 0.1% success rate.

An average candidate has around 2 yrs of work experience and would have prepared for anywhere between six months and one year before appearing for CAT.

Then he spends two years doing MBA from an Ivy League college in India.

This means the person has spent four to five years after his graduation when he passes out of the management Institute and get a good job offer.

Now my question is that “A candidate who can beat 99.9% of other candidates in a national level admission test and be among top 300 out of 3 Lac candidates wouldn’t be smart enough to get to the same salary level in five years?”

And when you take the best talent out of the country and then train them for two years aren’t they supposed to be good. I think the quality of an Institute should be measured only when you take a mediocre student and make him the best in the league. Because then the credit of nurturing the student can be passed to the institute.

Starting Up in this context can teach a lot to a person in real world as compared to A MBA degree from an Ivy League Institution. As we always learn more from the experiences as compared to theory classes (I am not saying that MBA is all about theory and doesn’t contain on field work or assignments).

And again the experience of starting up is very different as we learn a lot during our journey as compared to theory classes. No MBA class will teach you that your suppliers almost never pay on time or the way to get it from them. And MBA classes generally do not give you any unknown or unsolved problem to face everyday which can be solved by innovative thinking. I do agree that there is a lot of unexposed learning and high quality case studies which we encounter in MBA but we all have to agree that firsthand experience is most important than a second hand case study.

Talking about placements, we must agree that they give great placements and the average package is more than what a middle class Indian can save in a life time. But again in my perspective freedom matters more than money (I mean excess money from daily expenditure).

And given a choice I would choose to be a founder of a company which has revenue of 10 Lac than being a Product manager earning 50 Lac working in a multinational company.

What would you choose?