Quarter Century

Financial Independence, Uncategorized

This is my 25th post….. its been quite a journey over the last few months…..never thought would ever reach this figure.

First of all getting me started to take my own domain name and then take the WordPress subscription and then figuring out what to write was a major effort.   For the last 2-3 years that I have been wanting to take this activity but some issue or another kept cropping up.

I read blog posts and heard podcasts  from Tim Ferriss, I took a course with Ramit Sethi and I read others across the board but did not get the “ignition”

Even after taking the domain name and the WordPress subscription I wrote about four or five posts but after that I did not know on the topics that I could write.

Then I read Gary Vaynerchuk and one thing which struck me was he wrote and I paraphrase “why not first make a list of topics that you could possibly write on and then go on writing against each of them. If you come across something in-between you could add to the list”

I took Gary”s advice to heart and over the last few months I have consistently written whether it was a topic which was from the list I had made or there was a topic which I read in the magazine or a video I saw on the internet.

Even then sometimes I had a writer’s block and as I had written in one of my blogs couple of weeks back, it was the podcast from Tim Ferriss with Daniel Pink that got me started on just writing and things falling in place….now I am consistently started doing that.

I started the blog post with the idea that at some point of  time if I will be able to monetize it.  I will use part of the earnings to ensure that we are able to feed impoverished kids and enhance the life of women in India…..lets see when I am able to reach that stage.

The content of the blog was meant to be for young Indians who are at the age of around the age of my son, but what I found is that I have had more followers joining from countries as far as the US and Canada than from India itself.

Thanks to all of you for taking time to read my posts and liking them.

Till next time then….

 

How women in India can change the destiny of the country

Financial Independence, Uncategorized

Last few days I have had a writer’s block .  Since my last blog, last weekend, I had been thinking on what should be my next topic but it just wasn’t getting structured

And then today I was listening to the podcast at the Tim Ferriss( tim.blog .)  He was interviewing the author Daniel Pink.

There were many Aha moments…but this post is not about that podcast.During the interview Daniel mentioned that one of his professors once told him that sometimes you just need to start writing and things will get figured out.

That suddenly hit a chord with me.  So here we go….

I was reading the Entrepreneur magazine’s India edition and here I saw couple of very interesting facts.  One of them was an article by Nobel prize winner Muhammad Yunus. He is the man behind the concept of micro finance which has empowered so many women .

One of the things he mentioned in the article is that if illiterate and poor women can transform themselves into entrepreneurs imagine what would happen if millions of high school and University graduates are empowered.

This got me thinking. If we discount for about 30% of India’s population to be children and old people, then out of the remaining 1 billion people you have 50% of them as women. What would happen if these 50% women came into the workforce- either as entrepreneurs or as workers, what would happen to the GDP of our country.  About 400-500million more people in the workforce, which is expected to be the youngest workforce by 2030.

Last year I was in Canada during their 150 year celebrations and I realised that its GDP is close to two and a half trillion dollars, while India’s GDP is also close to 2.5 trillion dollars. However Canada’s population is less than the population of one city in India -Delhi NCR, about 3 crores (30million). India’s population is more than 125 crores(more than 1.25 billion).

In the same issue of the Entrepreneur there is another report which says that if women’s participation in the Indian economy goes up the country’s GDP is likely to go up by 60% that is an amazing figure

If only our women believe in themselves and if we can give them a supporting hand there is massive prosperity which can be created in this country.  Right now for a lot of families in India, buying 3 meals is the biggest outgo of money.  Once each family has multiple earners and expenses on food become a minor part of the spend, then families will educate their kids, they will take better care of them.  and people will spend more on non-food items.  These are exciting times if we take our destiny in our own hands.

Capre Diem!!!