1. The most efficient way of learning is to build a product and speak to experts in the field.2 . You should at least have a basic capital to start a venture. At the same time, this should not be the only barrier to your startup.3. You don't want to do anything out of the box. Basic business sense and getting the fundamentals right will keep you in the business for long run.

Top lessons from Indian Entrepreneurial Pioneers

4. Running a startup or a company will always be a constant battle in thoughts, whether to wait out patiently or invest in new technologies. But the thing is you should do both in an appropriate manner. 5. Too much diversification leads to loss of competitive advantage. "Jack of all and Master of None" is the major contributor in blowing things off. 6. Whenever there is an emotional bias or massive setback, you step back and be objective and put your critical thinking in play. It's a difficult thing to do but you have to believe in and do it.

7. "Being objective during Euphoria" is equally challenging to "Being objective during a Setback"8. Going global is extremely relevant to the context of business. It doesn't work for everyone9. You never know what is coming. Always have a buffer fund.

Important things to keep in mind while starting or running a business

business

Business

startup

Startups

books

Books

Sidharth Rao

How I Almost Blew it

Have you ever wondered or thought, after an year or a month or a week, where the hell did that go?Our memory remember things in a chronological order. For eg: Event X happened just before the big Paris vacation. Event Y happened in the first summer after I learned to drive.As each year passes, some of our experiences are converted to automatic routines and since there are no particular new experiences to anchor our memories, our brain blends these years into one countless unit and stores it.

How can you live your life to the fullest? 

To tell you an example, imagine your routine of going to your work over a period of one month. You go at 9 in the morning, do your work, come back at 5 in the evening, watch some TV and this cycle continues and it becomes an automatic routine. You experience no new memory here.So, here since there are no new experiences to anchor our memories, our brain blends this one month period into one countless unit and stores it. That's why you wonder at the end of the month "Where the hell did the last month go".

" Monotony collapses time; novelty unfolds it". You can exercise daily and eat healthy and live a long life, while experiencing a short one. That's why it's important to change routines regularly, and take vacations to exotic locales, and have as many new experiences as possible that can serve to anchor our memories. Creating new memories stretches out psychological time, and lengthens our perception of life.

This taught me how to live my life to the fullest

“Highly entertaining.” —Adam Gopnik, The New Yorker “Funny, curious, erudite, and full of useful details about ancient techniques of training memory.” —The Boston Globe The blockbuster phenomenon that charts an amazing journey of the mind while revolutionizing our concept of memory An instant bestseller that is poised to become a classic, Moonwalking with Einstein recounts Joshua Foer's yearlong quest to improve his memory under the tutelage of top "mental athletes." He draws on cutting-edge research, a surprising cultural history of remembering, and venerable tricks of the mentalist's trade to transform our understanding of human memory. From the United States Memory Championship to deep within the author's own mind, this is an electrifying work of journalism that reminds us that, in every way that matters, we are the sum of our memories.

career

Career

personaldevelopment

Personal Development

travel

Travel

scienceandnature

Science & Nature

Foer's unlikely journey from chronically forgetful science journalist to U.S. Memory Champion frames a revelatory exploration of the vast, hidden impact of memory on every aspect of our lives. On average, people squander forty days annually compensating for things they've forgotten. Joshua Foer used to be one of those people. But after a year of memory training, he found himself in the finals of the U.S. Memory Championship. Even more important, Foer found a vital truth we too often forget: In every way that matters, we are the sum of our memories. Moonwalking with Einstein draws on cutting-edge research, a surprising cultural history of memory, and venerable tricks of the mentalist's trade to transform our understanding of human remembering. Under the tutelage of top "mental athletes," he learns ancient techniques once employed by Cicero to memorize his speeches and by Medieval scholars to memorize entire books. Using methods that have been largely forgotten, Foer discovers that we can all dramatically improve our memories. Immersing himself obsessively in a quirky subculture of competitive memorizers, Foer learns to apply techniques that call on imagination as much as determination-showing that memorization can be anything but rote. From the PAO system, which converts numbers into lurid images, to the memory palace, in which memories are stored in the rooms of imaginary structures, Foer's experience shows that the World Memory Championships are less a test of memory than of perseverance and creativity. Foer takes his inquiry well beyond the arena of mental athletes-across the country and deep into his own mind. In San Diego, he meets an affable old man with one of the most severe case of amnesia on record, where he learns that memory is at once more elusive and more reliable than we might think. In Salt Lake City, he swaps secrets with a savant who claims to have memorized more than nine thousand books. At a high school in the South Bronx, he finds a history teacher using twenty- five-hundred-year-old memory techniques to give his students an edge in the state Regents exam. At a time when electronic devices have all but rendered our individual memories obsolete, Foer's bid to resurrect the forgotten art of remembering becomes an urgent quest. Moonwalking with Einstein brings Joshua Foer to the apex of the U.S. Memory Championship and readers to a profound appreciation of a gift we all possess but that too often slips our minds.

Foer is the younger brother of New Republic editor Franklin Foer and novelist Jonathan Safran Foer. He is the son of Esther Foer, president of a public relations firm, and Albert Foer, a think-tank president. He was born in Washington, D.C. and attended Georgetown Day School. He then went on to graduate from Yale University, where he lived in Silliman College, in 2004.Foer is married to Dinah Herlands, a medical student at Yale, whom he met while an undergraduate at Yale. Foer sold his first book, Moonwalking with Einstein: The Art and Science of Remembering Everything, to Penguin for publication in March 2011. He received a $1.2 million advance for the concept when he was just 22 plus a movie option.

Joshua Foer

Moonwalking with Einstein

Yes, it is.Have you ever wondered what happened to the things that you read when you were young. When you were reading you would have had a perfect memory of the subject. But over time you could have forgot it. But the fact is you never forget anything you read. All the matters you learn are stored somewhere in your brain. You only don't know how to access it. Our memory stores everything in a random manner. So, it becomes difficult to access it at a later point of time. Imagine a book without page numbers and index.

Is our Memory Power really improvable?

You know that the matters of the subject are in the book but can you pull out where the matters are exactly? So, there are certain techniques to increase your memory and store things in it.One such technique is called Mind Palace.

This idea made me believe that our memories are really improvable. 

Citing costly memory-related inconveniences suffered by average individuals, a science journalist chronicles his own struggles with chronic forgetfulness and his life-changing year in memory training, in a guide that shares historical lore and ancient memory techniques.

How I Almost Blew it

Moonwalking with Einstein

Moonwalking with Einstein

Tamil Selvan