The Eighth Commandment: Relax & Refresh (Don’t reflect)
Summary: Give yourself time to relax, recover, and refresh. And when you are relaxing do NOT let your mind brood over past mistakes and try not to dwell on the challenges tomorrow will bring. [To find out what the Ten Commandments of Indian Entrepreneurship are, please click here: https://marcellus.in/blogs/the-ten-commandments-of-entrepreneurship-in-india/] “Six days you shall labor and do […]
The Seventh Commandment: Be Curious, Keep Learning, Ignore Credentialling
Summary: Focus on the ‘inner scorecard’ rather than the ‘outer scorecard’. Focus on continuous learning, knowledge & skill acquisition rather than credentialling. Look for new experiences, new opportunities to acquire knowledge and build new skills. [To find out what the Ten Commandments of Indian Entrepreneurship are, pls click here: https://marcellus.in/blogs/the-ten-commandments-of-entrepreneurship-in-india/] “We shall not cease from exploration […]
The Sixth Commandment: Be Caring
Summary: Look after your colleagues, suppliers, distributors, & customers. Nurture a corporate culture focused on learning, on process, and on “means” (rather than “ends” such as financial targets). [To find out what the Ten Commandments of Indian Entrepreneurship are, please click here: https://marcellus.in/blogs/the-ten-commandments-of-entrepreneurship-in-india/] “Unless you know the individual, it’s very difficult to advise that individual as […]
The Fifth Commandment: Be Happy ‘Standing Out’
Summary: If you do things that most others don’t, you will be criticised. Don’t abuse the haters. Enjoy the journey of ‘standing out’ from the crowd and walk down the path less trodden. [To find out what the Ten Commandments of Indian Entrepreneurship are, please click here] “Successful risk-takers are conscientiously contrarian. They have theories […]
The Fourth Commandment: Embrace Failure
Summary: Failure & success are like summer & winter i.e., they are a routine part of business life and should not be a source of exultation or heartburn. In fact, failure is an essential milestone en route to acquiring skills & learning along the way. To find out what the Ten Commandments of Indian Entrepreneurship […]
Asset Class Diversification in Investing: Like a Well-Balanced Wholesome Meal
Ever been out to dinner at a restaurant and ordered just Paneer? No rice or breads – just a few servings of the famous chef-special Paneer Special? Probably not. A fulfilling wholesome meal needs a variety of food to balance flavours, textures and nutrition. So does your investment portfolio. Think of your portfolio like a […]
The Third Commandment: Be Patient
Summary: Be patient like Warren Buffett and play the infinite game. Know that is it likely that you will generate the vast majority of your wealth in the autumn of your life. [To find out what the Ten Commandments of Indian Entrepreneurship are, pls click here: https://marcellus.in/blogs/the-ten-commandments-of-entrepreneurship-in-india/] “Jamsetji Tata was born in 1839. He started his […]
The Second Commandment: Simplify your life
Summary: Simplify your day-to-day life into a series of routines and processes which allow you to work hard, work intensely, work collaboratively and yet find time to relax, refresh and be creative. [To find out what the Ten Commandments of Indian Entrepreneurship are, pls click here: https://marcellus.in/blogs/the-ten-commandments-of-entrepreneurship-in-india/] “Studies of the lives of great minds tell us […]
The First Commandment: Take Risks
Summary: Take entrepreneurial risks. Train yourself to take EV (expected value) positive bets early in life and then spend your life making as many EV positive bets as you can. Make small bets initially but once you realize that the odds are in your favour, load up and go as big as you can afford […]
Launching Marcellus’ Goal Planning and Asset Allocation Service
“Good fortune is what happens when opportunity meets with planning.” – Thomas Edison Investing for long-term wealth creation is like setting out on a long road journey. We hop into our car with the hope of building enough wealth to reach our destination – our life goals – before we run out of time. […]
The Ten Commandments of Entrepreneurship in India
Not only is entrepreneurship in India very different from what it is in the United States, but it is also a different ball game as compared to salaried employment in the world’s fifth largest economy. With stable, salaried employment in the public and in the private sector a thing of the past, the core of […]
Exit the Salaryman, Enter the Entrepreneur
Even as conventional white-collar employment becomes a tricky proposition, entrepreneurial opportunities are proliferating in modern India. For educated Indians, this shift – from a white-collar professional’s mindset to an entrepreneurial mindset – requires considerable attitudinal retooling. Ironically, those Indians who are able to make this shift are succeeding not just as entrepreneurs but also in […]
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