CHAIRMAN - BITEX IND... • 8m
📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/144g3GNKp96KQXSIZ6tumgZ--0KMJtW5n/view?usp=drivesdk 🔥 Built To Last 🔥 🚀 22 Lessons By 👉 ✨ Jim Collins And Jerry I. Porras ✨ 1. Core Ideology and Purpose: • Visionary companies have a strong core ideology—core values and purpose—that drives them beyond just making profits. 2. Preserve the Core, Stimulate Progress: • Balance is key: maintain core values while constantly adapting and improving products, practices, and strategies. 3. BHAGs (Big Hairy Audacious Goals): • Visionary companies set ambitious, clear, and challenging long-term goals that push them to innovate and grow. 4. Cult-Like Cultures: • Successful companies create strong cultures aligned with their core ideologies, ensuring employees share values and mission. 5. Home-Grown Management: • Promote leadership from within the company to ensure continuity and alignment with core values. 6. Continuous Improvement: • Embrace a philosophy of consistent improvement, experimentation, and innovation as a means of achieving progress. 7. Clock Building, Not Time Telling: • Focus on building enduring structures and processes rather than relying on charismatic leaders or single visionary products. 8. Enduring Core Products: • Create products and services that represent the company's values and identity, building customer loyalty over time. 9. Aligning Actions with Vision: • Every part of the organization should support the core purpose and values to achieve alignment and cohesive execution. 10. Built to Last vs. Built to Flip: • Emphasizes the importance of creating lasting organizations with a long-term perspective, rather than aiming for quick gains. 11. Experimentation and Adaptation: • Visionary companies experiment and adapt quickly, learning from failure and continuously evolving. 12. No ‘Tyranny of the OR’: • Adopt a mindset of "both/and" rather than "either/or," combining stability with change, profitability with purpose, etc. 13. Mechanisms for Self-Improvement: • Implement systems that ensure continuous growth and improvement, such as feedback loops, innovation programs, and internal review processes. 14. Core Values Above All: • Visionary companies prioritize core values over short-term gains, even if it means sacrificing profit or growth in the short term. 15. Visionary Mission Statements: • These companies create clear, inspiring mission statements that guide actions and decisions across all levels of the organization. 16. Long-Term Perspective: • Focus on sustainability and growth for the long term rather than quarterly results or immediate gains. 17. Proactive Adaptation: • Visionary companies don't just react to change; they anticipate it and proactively shape their strategies accordingly.
Entrepreneur | Build... • 1y
🚀 Beware the Pitfalls: Startup Fundings and Core Values As startups thrive on innovation and growth, it's essential not to lose sight of their core values in pursuit of funding. While funding can fuel expansion, it can also lead to a dilution of t
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What are the taxation rules in india on investments in stocks. As per my knowledge, gains on stocks more than 1 lakh are taxed at 10% for long term gains(>1year) & 15% for short term gains(<1year). How can someone escape from this. One method that
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naval ravikant Hard Work > Judgement: The most money is produced by wise decisions. Leverage Multiplies: Even minor skill gaps can result in significant gains. Reputation Gains: Credibility and trust draw in opportunities. Think Long-Term:
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