Ajit Dayal

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Success lessons from the founders of Google

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E veryone knows the success story of Google. Its co-founders Larry Page and Sergey Brin are considered to be the best minds with outstanding business capabilities who built the world’s most valuable company. The mantra of their success and lessons they offer are equally useful. Here is what I learned reading about them.  • One doesn’t need formal education to be successful. Just take advice and learn from successful people. • Think big; Think long-term. Google is a by-product of big-picture thinking and a long-term vision.  Many products and solutions that Google offers today, or will be offering in future, were merely imaginary or impossible when they were conceived. In the backyards of Google, the teams were working on many of these futuristic ideas, thinking big with a long-term vision. • Believe in your idea even though you may not have the resources. The biggest success stories in the world such as Google, Amazon and Microsoft started in a garage.  Success will ev...
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Shree Ganesh Of investing: Diversify, stay with the quality

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  S tudy before you invest. Research a company's fundamentals and business model. A well-researched investment is a conviction, while a hunch is a gamble. H ave a long-term perspective. True wealth is built over many years, not days. Focus on compounding, not daily market swings. R emember risk and reward are tied. Higher returns come with greater risk. Invest within your personal risk tolerance. E xpect volatility. Market fluctuations are normal. View downturns as opportunities to buy, not reasons to panic sell. E xamine your own biases. Be aware of how emotions and cognitive biases can sabotage your rational decisions. G rasp the power of compounding. Start early and stay consistent. Compounding allows your money to grow exponentially over time. A lways diversify your portfolio. Spread investments across different sectors and asset classes to protect against severe losses. N avigate the cycles of the market. Understand that markets have booms and busts. Use this knowledge to your...
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