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More Mistakes on Money

5)He continued to maintain his expensive lifestyle when he should have lowered it. 

6)He invested in stocks when the markets went high in the hope of making fast money and he sold in panic when the markets stagged so that he doesn’t lose money. It should have been the exact opposite.

7)Whenever He was in need of money, he broke his mutual fund investment to generate cash. He basically broke compounding. He persisted with it during the painfully slow growth period and just when compounded growth was about to take off, he clipped its wings

8)Discouraging his partner from investing in mutual funds.

199

1.63K reads

MORE IDEAS ON THIS

Entrepreneurship

Entrepreneurship

Entrepreneurship is the most brutal way to discover yourself. 

The three worst reasons to become an entrepreneur

1)Because I wanna make money.

2)Because I hate my job.

3)Because Everyone e...

222

3.37K reads

The idea is not the start-up

The idea is not the start-up

When you raise money, it is not an achievement, it’s an obligation. When you raise money, you’re not just answerable to your customers but you’re also answerable to investors because they desire a return. Because they’ve raised money from someone who is also looking for a return....

216

2.49K reads

Relationships

Relationships

All problems are interpersonal-relationship problems. 

So if you don’t have a good relationship with yourself then how you’re going to have a good relationship with others? It all begins with having the right relationship with the most important person, you. 

246

2.41K reads

Habits that define Ankur Warikoo’s life

Habits that define Ankur Warikoo’s life

1)Always carry notebooks like a school student. One for ideas, One for to-do lists for the day and One for meeting notes

2)Putting everything on the calendar and sharing it with his significant other.

3)Having two WhatsApp self-groups. One of ...

220

1.63K reads

Targets are the enemy of habits

Targets are the enemy of habits

Targets are the enemy of habits. Don’t set targets, set habits. Setting targets instead of habits makes us forget what kind of person we want to become. 

We not only want to run marathons, but we also want to become fit. We not only want to be sculpted, but we a...

225

1.57K reads

Awareness

Awareness

Whenever someone asks me what my advice would be for 20yr old self, I have one answer. Make sure, decisions in your life are made from a point of awareness.

Merely knowing what you need to do is not enough for you to do it, awareness is the start of the decision not the end of it.

219

1.51K reads

Habits

Habits

Don’t chase goals for two reasons

1)You do it for a destination, instead of becoming someone in the process. 

2)And you invariably start chasing another destination upon reaching one.

Instead, make habits that make you the kind of person you wa...

229

1.79K reads

Money

Money

Mistakes Ankur Warikoo made with money

1)Associating money with negativity and having the mindset that money is the root of all problems.

2)Taking loans to buy real estate assuming the price appreciation would take care of the interest rate he...

199

1.82K reads

You are allowed to outgrow

You are allowed to outgrow

Wanting to maintain a distance from someone you don’t relate to anymore doesn’t mean that you don’t care about them it just means that you care about the relationships you have with yourself more than that you have with others.

You are allowed to outgrow ol...

219

1.83K reads

Respect

Respect

True respect is when you respect someone even after you got to know them. It is easy to respect someone online or from a distance but that is not respect, it’s infatuation. It’s hard to replicate that respect when you know them beyond the perceived persona. Because now they’re no...

204

2.02K reads

Sympathy, Empathy and Respect

Here is an unpopular opinion, empathy can’t be taught. You are either born with it or not.

Empathy is you saying I understand what you’re going through. Sympathy is you saying I feel sorry for you. And Respect is you saying I admire the way you’re handling this.

229

2.31K reads

How to start your entrepreneur journey?

Most people who want to start a business think they should quit their job and start a start-up, not true in my opinion. Work nights and at weekends, test your idea out. The minute you have to push the start-up and work to make money is very different from, let’s see if this even works.

206

2.82K reads

Success (and failure)

Definition of success changes for each individual. Risk and failure are just a state of mind, there should never be fear or regret.

197

1.79K reads

Do Epic shit

The book does not cover a single topic in depth but touches on several topics like awareness, habits, entrepreneurship, success, money, and relationships. The book is full of key ideas which led him to create one of the biggest personal brands in the country.

199

4.03K reads

CURATED FROM

CURATED BY

utkarshchandel3

A Romanticist who is trying to understand this world by reading books. You can also follow me on YouTube, I post there quite often.

It is a summary of Do Epic Shit by Ankur Warikoo.

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