Finding symmetries in an unsymmetrical world ..

Archive for January 2009

As per wiki, Torque is the tendency of a force vector to rotate an object about some axis (or fulcrum or pivot). Just as a force is a push or a pull, a torque can be thought of as a twist. Torque is also called moment or moment of force.

 “Twist” here is a very powerful word, imagine you are not moving, because you are constrained, but you still see the different perspectives; just being where you are.

 

Torque is a measure of how much force acting on an object causes that object to rotate. In terms of the physical equation it says,” The closer you are to the hinges (i.e. the smaller ‘r’ is), the harder it is to push”

 

The thing about torque

The thing about torque

 

 

 

 

 

 

How this translates to your efforts and the DIP  is, that the first step is always easy, what is difficult is the next and the next and the last mile. Probably, that is why in this world of abundance there is scare scarcity. Confused?


Scarcity is something that is rare, but rare may not always bee remarkable. Nevertheless what is abundant is never remarkable. How can it be?

Do you stop down the road and say “hey that’s a cow”. You don’t. Because it is abundant (far more) ,but if it were a purple cow, you stop by and say, hey that’s a purple cow!

 

Now, Imagine if you could create something that goes beyond function, is beautiful and emotionally engaging, all this just being where you are.

This is the amazing thing about a Tribe, about social networking, and entrepreneurship.

Be there, do that !

 

~

ek

Trust is like the air we breathe. When it’s present, nobody really notices. But when it’s absent everybody notices

 

In the book here comes everybody, Clay Shirky details on organizing without organizations. In a word or two it describes what happens when people are given the tools to do things together, without needing traditional organizational structures” .We at Triiibes, Squidoo,Twiiter, Facebook, and all such social networking sites, do just that ;helping people.


There is this interesting case study I was reading about Integrated Hub Model the goal of which is to support communities in developing the capacity and skills to secure and tailor government and non-government resources to meet needs of their community .

On the face of it, it means setting systems in place to help people help themselves. This is what social media is all about. Enabling people achieve more, do more and  become more. There is this Newton’s third law that states that “To every action there is an equal and opposite reaction”, so if you do good, good eventually comes to you.


From mobs to smart mobs  to flash mobs people come together based on the mutual trust and the feeling to give back what they have learnt back to the space they came from.

To an educated crowd this might mean disseminating information, knowledge and power of educating .To an impoverished crowd it might mean helping others to trot the paths they took, as a gesture of community wellbeing and gratitude towards those who helped them in their path to financial freedom. The point is not what you give, the point is giving itself.


We are in the process of creating  intangible resources  by investing the most valuable asset to any country, its people.As Seth writes,Imagine what would happen if each of us at Triiibes could take such initiative and educate people around us about social networking, and these educated people could in turn educate more people about our role in community services and creating this service model.Ideas that spread win, infect someone this year, Touch a life this year.


Social media for me :

The other day I was beaten, low, and in my dip , and I was enthralled at the way my friends at Triiibes pushed me . Isn’t it amazing we do not know each other ,might not even see each other, but we are all binded by a single cause , and that is what summarises what a tribe is all about .



~

ek

Opportunity cost or economic opportunity loss is the value of the next best alternative foregone as the result of making a decision. Opportunity cost analysis is an important part of a company’s decision-making processes but is not treated as an actual cost in any financial statement. The next best thing that a person can engage in is referred to as the opportunity cost of doing the best thing and ignoring the next best thing to be done .

 

 The sad part is that there is an opportunity cost attached to everything, so whatever you do  you will always be tormented by that  feeling of “losing out on something”.

 

In college, the opportunity cost of slogging it out meant losing out the fun, and social networking .In workplace, choosing a particular work profile meant losing out on exploring other avenues.

 

So, if there is a COST that is involved to everything, you might as well do things right. Bottom line: there is nothing free out here, if it is, find who is paying for it.

Now the tricky part: The decision making

 

Define what you want :

 

The more specific you are on what excites you, and what is it that you WANT, the more likely you are to achieve it.

 

 

Analyze why you want and evaluate the alternatives:

Analyzing why you want one thing over another, is as important, because this lets you achieve the tradeoffs in the options abundant world. The more the options open to you, the more should analyze why you chose one thing over another.

 

Some reasons be may inherently justified, like leaving a job to pursue higher education. Here’s a good example that I came across :

 

Consider the case of a MBA student who pays $30000 in tuition and fees at a private university. For the two year program this would amount to $60000.This is the monetary cost of education. However when making the decision to go back to the school, one should consider the opportunity cost, which includes the amount that the student would have earned had he chose the decision of remaining in his/her job. If the student had been earning $50000 per year and assuming a 10% increase in salary in the second year, $105000 in salary would have foregone as a result of decision to return to the school. Adding this amount to the tuition fees results in $165000 for the degree.

 

 

Just do it :

 

Simple as it may sound, you are anyway paying for every single decision that you make, you are giving it your time, which by far is the most precious resource that you alone have.

 

If something is worth doing, it is not worth doing it bad .


~

ek

The question isn’t who is going to let me; it’s who is going to stop me.

Time no doubt is by far your most precious commodity, and there are people everywhere who want you to listen, but why should you listen?

Seth writes that “Permission marketing is the privilege (not the right) of delivering anticipated, personal and relevant messages to people who actually want to get them”.

The key here setting a channel for a one to one connection where the consumer participates and is involved in what he wants to receive and how he wants to receive it.

In essence it means narrowing down your resources and energy to set up an interaction with someone who is actually listening.Think of it this way, do you keep barging your way at your manager if he is not listening? You don’t, so does the new age marketing say.

 

To GET someone get interested in you, you have to FIGURE OUT what he wants, and then tailor the message you send out to him, telling why and how these needs are met. And if they aren’t the consumer will anyway not buy your services, you might just not waste your energy here.

 

Now the point is how to get someone interested in what you have to offer in a world which is full of clutter and noise, well simple as it turns out, it is by being  remarkable!

You are probably not in a business, but you still have to market yourself, why ? because sooner or later someone will REPLACE you.And to be where you are, you need to keep running !


And how do you become remarkable ? 

By concentrating your energy into things that you can be best at.

There is this law of attraction which says “that feelings and thoughts can attract events, from the workings of the cosmos to interactions among individuals in their physical, emotional, and professional affairs “

 

 The Secret lists three required steps — “ask, believe, receive” — as the essence of the Law of Attraction:

 

Step

Commentary by Gazette

Commentary by Nibbana

Ask

Know what you want and ask the universe for it.

This is where you need to get clear on what it is you want to create and visualise what you want as being as ‘real’ as possible.

Believe

Feel and behave as if the object of your desire is on its way.

Focus your thoughts and your language on what it is you want to attract. You want to feel the feeling of really ‘knowing’ that what you desire is on its way to you, even if you have to trick yourself into believing it – do it.

Receive

Be open to receiving it.

Pay attention to your intuitive messages, synchronicities, signs from the Universe to help you along the way as assurance you are on the ‘right’ path. As you align yourself with the Universe and open yourself up to receiving, the very thing you are wanting to manifest will show up.

 

Life is waiting for you to be your best, and it is conjuring everything to help you so it. The obstacles are the things that you just see when you take your eyes off the goal, keep staring.

 

 

  

~

ek 

The best shortcut is that there is no shortcut at all.

 

 

 

 

Are Economic Facts Driving Stock Prices or Merely Rationalizations for Existing Price Moves? At the heart of it this symbolizes Casino Capitalism. A question like this is sure to engage a debate from the houses, the hard core finanancial-academic-research savvy giants, and the wall street-speculating stock traders.


The fact is that we are moving from rationalization to a point where we measure what we are paying for a commodity from just its supply and demand. Now what is inherently wrong with this is ,we are undervaluing the basics of what we already know, the simple equation ..

 

 

The supply and demand equation

The supply and demand equation

 

 

 

 

 


Unless there is an equilibrium that is reached between this, there is bound be a blind gamble that is open in the market, hence the casino..


What this also means is that, stock prices for legitimate companies, and prices of other paper assets, are more a function of psychological factors, than economic realities. In fact, in many instances, economic facts are used to justify a price rise (or fall), after the fact. So in reality, the economic rationalization is a reaction to the price change, rather than a cause. It is used to “defend” the price change, or “market” the story.


So between the economic considerations and the psychological factors (i.e. anticipation of the prices, and the general sentiment of the market), there is bound to be bias towards the latter, simple, because psychological factors can be imposed, or introduced artificially for short term gains, but what rules eventually is how strong is the organization that you are investing in, how is the management, and how does the customer perceive of it. Of course this perception part on the customer is different from what the naïve investor thinks about it, one who is just interested in making some quick money. This can also be termed as the noisy market hypothesis.

But alas, the pricing of this oraganisation, depends to a very large extent on this naïve, otherwise uneducated customer, because he controls how the balance is achived;for he decides the overall sentiment in the market, and the worst part, such investors tend to imitate other naïve investors, setting up a model where the overall sentiment is no indicator of the current valuation of a stock.


What you need to be sure is that you invest early enough when the stock is underappreciated or is undervalued for its potential. This is also the basics of the Warren Buffett investor principles, because the later you jump in the market in that particular stock, the more will you be part of the bull market, when the investor confidence is on a high note.


So what you can do is invest smart, early, and when the stock is still undervalued, and when it justifies every single hard earned penny that you are investing it in. Don’t blame someone for all your financial woes.

This also justifies that bailouts are not the answer to pull an economy out, neither is the blame game. You are responsible for what happens around you, even if you do not participate in it. And by just taking up this responsibility you have come from the “victim” to be someone who can emerge redefined, and start all over again. Go Do that! 


~

ek

A simple word success story : DO 

As per wiki, consumerism is “the equation of personal happiness with consumption and the purchase of material possessions.”

 

A market always expands to fit the products in consumer needs, rather than products tailored to meet those needs. The marketing tantrums are aimed at making any consumer believe that he really wants to POSESS it. In other words , he is misled into believing that he WANTS IT ALL. It makes the consumer have that urge to stack everything out in the market at his/her home, purchasing goods in excess of their basic needs.

 

But the catch is that consumerism is subjective, for what is basic to you, might not mean basic to me. If it did, it would mean Totalitarianism, which is fitting things on a common stage, and regulating to a close extent. Some would call it micro management. to others it may authoritarian. But why tomato sauce alone, why not the brewing cofee parlors around the city which lead you into believing that a lot does happen over coffee ? 

 

To me, consumerism is simple, If I lose my job today, would I still buy the utility ? If the answer is yes, it is basic’ to me.

 

The greatest example of a consumerist society is America, an entire nation fooled in believing that it wants more of everything, Junkies, consumer goods, Credit cards, and pillowing up debts. The greatest example of this greed is the flagrant recession triggered by sub prime crisis. So much is the entire globe connected to America that there is a sentiment of a global economic collapse.


Bottom line : Consumerism is a greedy society’s religion. This is not the religion to be embraced, but who is forcing you not to, anyway .


~

ek

Knowledge is the currency of the new economy.

Seth writes that to do something all you need is some MOOD , far from ordinary claims of not having enough information, that’s out there for you, waiting for you, all you need is the perseverance and persistence to put it.

I know of a friend who always gives me enough ideas to juggle with , so many of them at times that at times I find myself warning him if he doesn’t do anything about it, I might as well steal them.


Ahh! Stealing someone else’s ideas. Of course the ideas that spread win, and who likes to conceive an idea, work on it, and then say’ oh I am not prepared yet, not enough’.




Buzo’s turn me off. I am 24, full of energy, and here with an open mind, to explore not what surrounds me, but what is within me. Call them what you should the NoNo’s ,buzo’s , they find remarkably innovative ways of turning down a prospective idea, and why things will never succeed, and why you are never prepared enough.

Well, the fact is that, you will never be prepared enough.

Watch Guy talking about Buzo’s here and why one should avoid them.



Obstacles are the things that you see when you take your eyes off the goal.

Don’t do that !

My two cents this year:

Do not listen to people who turn you off.

Follow your heart, fail better, smarter, faster.

~

ek

We cannot change the cards we are dealt, just how we play the hand.

 


Hey there, would be nice to have you around !

That’s me

My live Rantings @Twitter

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