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Chanakya's Arthshaastra, written 2400 years ago, composed of 6000 sutras Or aphorisms, was based on economic policy, political governance and military strategy. It talked about wealth identification, wealth creation, wealth management and wealth distribution.
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1.25K reads
MORE IDEAS ON THIS
Once a businessman met Chanakya when he was working under a lamp. After finishing his work, he turned off that lamp and lit another one to discuss with the businessman. When asked why he didn't use the same lamp, Chanakya said that the first lamp was given to him for his official work only and th...
166
568 reads
Take up one idea. Make that one idea your life- think of it, dream of it, live on that idea. Let the brain, muscle, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.
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683 reads
One can only earn big money through right and legal process. Who become rich through shortcuts are bound to have troubles in the long run. The Vedas has guided us about the ethics and dilemmas of good and bad. It is better to ask the experts of the field before taking such ethical decisions. Stud...
164
999 reads
It is mandatory to have a mentor for teaching you the methods and the way towards your goal. Your mentor should be himself expert in your field, here the finance and management, should be rich enough, genuine background, integrity towards moral values.
Chanakya says it is better to have up...
165
610 reads
Keeping tracks of money coming and going out is very important. There are various accounting systems that one can follow. The financial health depends on this accounting. Few examples of accounting systems are the balance sheet and profit-and-loss (P&L) statements, Enterprise resource planning (E...
161
685 reads
The author had listed few questions to develop one's financial status.
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591 reads
Generalizing all the rich people as selfish or demeaning towards everyone won't help you becoming rich. You have to identify the good ones among them, follow their footprint and learn from them. The rich leaders stands out among the rich individuals and they can make people around them rich as we...
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570 reads
Chanakya emphasized on filling the treasury before serving the country. The food for the labourers and the armies for their work should not be exhausted. He made sure the corrupt officials get punished and the genuine and devoted workers get rewards and promotions.
Chanakya made regulation...
154
560 reads
Becoming rich may be a desire as living poor is not a choice but circumstances. Gone are days when only kings and ministers can become rich, today with the knowledge and right mentorship, anyone can fulfill their dream of becoming rich.
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1.8K reads
Wealth identification : Idea + application = money. What is the one thing with which you can make money? Identify your natural talents and the skills that you can gain from practice.
Wealth creation : talent + hard work + being active + intellectual prope...
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822 reads
The author Radhakrishnan Pillai has excellent research on Chanakya's Arthshaastra, the book of economics and management from 4th century B.C.
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2.08K reads
The method of aanvikshiki is the science and art of thinking. In Sanskrit, anu means atom or the smallest particle and ikshiki means one who wants to know. Chanakya explained aanvikshiki in Arthshaastra as constituents of Sankhya (concept of Shiva and Shakti and relating to numbers or mathematica...
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1.16K reads
A steady mind is required to have better clarity in thinking. You become whatever you think. Therefore, think before you act. Also, be mindful of your duties and respectful of laws of the land.
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978 reads
The king Chandragupta was a student of Chanakya. Although he came from lower-cast village of that time, with right training from Chanaya, he became a worthy king. Alexander the great was also defeated against Chanakya's intellect and couldn't extend their empire to India.
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1.34K reads
There exists common patterns that we can learn from wealthy people to become rich.
They love their work, committed to it and don't show off stuffs to look rich, instead they are rich.
They do social work, charity and contribute to the welfare of the people.
There are 4 stages...
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865 reads
Think from different dimensions
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640 reads
Wealth should free us from worldly challenges. Instead, most of the time, wealth and money get us more and more entangled in them.
Money should give us not just comforts, but dignity to ourselves and to others.
Kosha Or treasury is the fund that is required to run the state. It is e...
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605 reads
Chanakya, also known as Vishnugupta or Kautilya was known as a strategic, diplomat, politician, economist and a sharp thinker. His ideas of waelth and management is immortal.
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1.54K reads
CURATED FROM
IDEAS CURATED BY
The book has changed and rewrite my thinking about becoming rich and its emphasis on thinking itself make me share the knowledge of the book.
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Other curated ideas on this topic:
For older books, try to understand the historical context. For books written in an unfamiliar country, try to understand the cultural context.Β
Some helpful questions to ask include:
The best way to attain financial success is not about having a budget or avoiding debt, or even choosing the right investments, but about having a system that makes automatic wealth creation possible for you while you sleep.
Investors make a lot of stupid financial decisions based on...
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