The Psychology of Money – My Highlights
Last month I read ‘The Psychology of Money’ by Morgan Housel. These are the highlights I made. On idols and role models and following their paths Therefore, focus less on specific individuals and case studies and more on broad patterns. Studying a specific person can be dangerous because we...
India and The 10 Rules of Successful Nations
What will it take for India to succeed? When will we shed the tag of emerging nation and graduate to developed nation status? Why is 28% of our population still poor? We explore these questions in detail in this article based on the book ‘The 10 Rules of Successful...
Business Valuation in 5 minutes
This is a 5-minute read on Business Valuation for Start-Up Founders looking to understand the basic mechanism behind valuation. Basics of Business Valuation There are 3 common approaches for valuing a business Cost Approach – What is the cost to build a factory or what is the cost to...
Margins – how they can make or break your business
Gross Margins, Net Margins, Profit Margins, Operating Margins are few of the terms thrown around when we talk about the profitability of a business. What do they mean? Why are they important? In this post, I will try to cover these in very simple terms. If you are a...