Monthly Archives: September 2014

The Time Management Matrix

The 7 Habits Of Highly Effective People by Stephen Covey is indeed one of the best books I’ve ever read. From self management to people management, this book has everything one needs to live a wonderful life.

One of the important habit mentioned in the book was of, “put first things first,” which included the time management matrix.


One cant put time management simpler than this, while many people in the world develop complex flowcharts or time tables, workflow diagrams and so forth, this simple time management matrix clearly cuts all the  time management confusions, and forces one to clearly prioritize and pursue. Hats Off to Steve for this!!!!


Henry Ford

One of the Greatest Entrepreneurs of the 20th century, Henry Ford’s views were clearly reflected in his statements. Here are some of his famous quotes

An idealist is a person who helps other people to be prosperous.

You can’t build a reputation on what you are going to do.

As long as we look to legislation to cure poverty or to abolish special privilege we are going to see poverty spread and special privilege grow.

Failure is simply the opportunity to begin again, this time more intelligently. There is no disgrace in honest failure; there is disgrace in fearing to fail.

Mediocrity is the worst enemy of prosperity.

Coming together is a beginning; keeping together is progress; working together is success.

Obstacles are those frightful things you see when you take your eyes off your goal.

One of the greatest discoveries a man makes, one of his great surprises, is to find he can do what he was afraid he couldn’t do.

Thinking is the hardest work there is, which is probably the reason why so few engage in it.

Steve Jobs

I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance. It is so hard  – Steve Jobs, 1995

Steve Jobs was born in San Francisco, California, on February 24, 1955, to two University of Wisconsin graduate students who gave him up for adoption. Smart but directionless, Jobs experimented with different pursuits before starting Apple Computers with Steve Wozniak in 1976. Apple’s revolutionary products, which include the iPod, iPhone and iPad, are now seen as dictating the evolution of modern technology. He died in 2011, following a long battle with pancreatic cancer.

While Jobs was always an intelligent and innovative thinker, his youth was riddled with frustrations over formal schooling. Jobs was a prankster in elementary school, and his fourth-grade teacher needed to bribe him to study

After high school, Jobs enrolled at Reed College in Portland, Oregon. Lacking direction, he dropped out of college after six months and spent the next 18 months dropping in on creative classes at the school. Jobs later recounted how one course in calligraphy developed his love of typography.

In 1974, Jobs took a position as a video game designer with Atari. Several months later he left Atari to find spiritual enlightenment in India, traveling the continent and experimenting with psychedelic drugs. In 1976, when Jobs was just 21, he and Wozniak started Apple Computer. The duo started in the Jobs family garage, and funded their entrepreneurial venture by Jobs selling his Volkswagen bus and Wozniak selling his beloved scientific calculator.


Jobs and Wozniak are credited with revolutionizing the computer industry by democratizing the technology and making the machines smaller, cheaper, intuitive and accessible to everyday consumers. Wozniak conceived a series of user-friendly personal computers, and, with Jobs in charge of marketing.

Apple introduced such revolutionary products as the Macbook Air, iPod and iPhone, all of which have dictated the evolution of modern technology. Almost immediately after Apple releases a new product, competitors scramble to produce comparable technologies. Apple’s quarterly reports improved significantly in 2007: Stocks were worth $199.99 a share—a record-breaking number at that time—and the company boasted a staggering $1.58 billion profit, an $18 billion surplus in the bank and zero debt.

In 2008, iTunes became the second-biggest music retailer in America—second only to Wal-Mart. Half of Apple’s current revenue comes from iTunes and iPod sales, with 200 million iPods sold and 6 billion songs downloaded. For these reasons, Apple has been ranked No. 1 on Fortune magazine’s list of “America’s Most Admired Companies,” as well as No. 1 among Fortune 500 companies for returns to shareholders.


Truly, one of the greatest exceptionals of the 20th & 21st Century, Steve jobs revolutionized the computer  technology. From Ipod  to Iphone, Ipad to Macbook, every invention marked a new standard in modern technology, and despite being fired earlier from Apple, his vision  for a better technology never died, and from NeXT Inc. to Pixar and then back to Apple as its CEO, Jobs reinvented Apple and the modern computer technology.

Every decade, an exceptional is born to question the existing world’s structure, believes in something unimaginable, and through perseverance, achieves it.



Speculation: One of the keys for wealth control and management

Speculation in capital markets has been given a bad name for years, probably because of the risks & pressure involved. Many have come and gone in this industry over the past few years, some left with unimaginable wealth, while some left with nothing in the bank account. Sure, speculation is very risky, and can be considered one of the riskiest skill, because not only it involves money, but also emotions. Fear of losing wealth and the greed of making wealth is what drives the people and as a result, the markets.

Being a foreign exchange trader for a few months, I realize that speculation is truly a key to wealth control. As compared to a 9-5 job, u won’t have to wait for the end of the month to get your pay & unlike brokerage jobs, the wealth isn’t limited to the sales. It’s all about money management and trading strategy.

Speculation is a life-changer, in a positive way, only if we practice two skills:
1)Managing Money
2)Managing emotions

Many people have succeeded in trading, because they mastered these two skills, through trial & error, through mistakes and consequences, and they learned it the hard way, but never gave up on their dreams & goals, as the Great Henry Ford once said, “Obstacles are those frightful things you see when you take your eyes off your goal.” Never giving up is the only key to winning.

Knowing when to get into the market & when to get out, when to bet big & when to bet small is the key to long term success in trading. One can get financially independent, only if one knows how to manage emotions in a bull/bear market, and how many lots to trade in a volatile market.

Speculation is surely risky, and as people say it is indeed a form of gambling, but learning from your own mistakes and the persistence to keep going, is the only key to long term prosperity.

It’s never too late

On May 1st, 2011, I started this blog  with the hope that I  can share what I’ve learned, about the 7 quotients, about how the life can change only if we can make small changes in it, and I still can’t remember what made me stop  writing, and a few days ago I visited and was astonished to read my own articles!! In these 3 years and 4 months, I’ve learned & experienced in life, more than what I would’ve imagined, and I still believe it is never too late to share my views and feelings about life and how one can make a difference in it.

One thing I’ve learned that life is all about hard work, never care about the reward, because you never know when you will get it. People write blogs so that not only they can share their skills and views, but also sell them, but I vow today, that just share the views, don’t care about anything else.

Let’s see how  the journey of my own second life will be,  and whether I could really make a difference that I’ve always desired for this world.