Business , Entrepreneurship , Money , Management Lessons from WEB-SERIES “ The 1992 SCAM” - Harshad Mehta Story
Aminul Islam
Reliability Leader | Manager Consultant | APM | RCM | RCA | Digital Twin ( AI/ML) | Reliability Predictive Analytics | Operation Excellence| CMRP | Oil & Gas I Energy
Business , Entrepreneurship , Money , Management Lessons from WEB-SERIES “ The 1992 SCAM” - Harshad Mehta Story
1) Power of Dreams: Your dream determines the direction of your life.But only big dreams can’t take you anywhere. It has to be always backed by efforts, plans to execute them.
2) Start Your Own business: Starting something on your own,
3) Develop your brand- Harshad meheta Known as the big bull.Put lots of effort into strengthening and upgrading your brand to acquire and maintained the trust of your clients,Investor, stakeholders,customers etc.
4) Money attracts money –If you have small money you can grow it to big money by doing business.
5) Dialogue--“Risk hai toh Ishq hai”. SO, Don’t be scared to take the risks . You should take calculated risk. Better to take risk that can be digestible. Play it safe in life does not work if you want to have big success. The biggest risk is not taking any risk at all.In other words, No Pain- No gain.
6) Having Confidence is a must to succeed- you need to be confident about your idea. Don’t be over confident. So, be realistic and then confident.
7) Dialogue: Main history ban ana chatahu..aur history eisi nehi banti..logo ko sath leke chalna parta hai …Build a Great Team those who can multiply your dreams/achievements,they can do extraordinary things as team. High performance team is important to get success and has the strength to take you to your vision.
Communication and the art of selling are the skills required to lead a business
9) Develop Your Network: the network is as important in everything. network is net worth .Try to connect with people, expand your network.Build a good network with different people in different positions.
10) Leaning is Life : Never stops Learning. Become Expert in the Subject (SME) : you should have in depth knowledge of your business.Update & upgrade yourself and your business with new technology/strategy/business model/products/servicess
11) Researching about your field,about market, about people, about the competition you will be facing in advance will always benefit you in getting a better hold of the business.
12) Know your competition- Always scrutinize your competition. Analyze their work and working style and learn from it. Your competitors can be your teachers.keep a track on their moves. It will help you strategize better.Whenever possible, avoid unnecessary competition and disturbances to your ambitions. Join hands or make a profit sharing agreement, where it is a tough market to crack.
13) Dialogue: Trust is the most expensive thing in the world and cheap people cannot afford it.Trust/Reputation is Everything in business : one should maintain trust of the people. Trust is utmost important for business.For your greed, never break the trust of the people- There is always sufficient for human need, not for human greed.
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14) Dialogue -Success kya hai? Failure ke baad ka chapter.There is nothing to worry about if you fail in the beginning! - Failure is the pilar of success. It’s a process of success.Take it as larnings & move on but do not repeat the same
15) Chase new opportunities in business…When One Door Shuts Open Other: If you’re going through a difficult time due to this pandemic, always remember that there’s a beginning of something new at the end.
16) Dekho mein Cigarette nahi pita per jeb me lighter jarur rakhta hoon, Dhamakka karne ke liye : It has a simple meaning. ‘Do not disclose your plan of action in advance. Wait for the right time and steal the show with your best work.’ Everyone will be impressed by your move and you will reach on top.
17) Never ever Reveal your next move to anyone in business . This one was top lesson from BIG BULL
18) Time hi time ko badal sakta hai, bas time ko thoda time do’. Give time for your dreams to be converted to reality , Always have patience in business, Overnight success is a myth. Something which comes fast is most likely to disappear with that same speed. Generational or long term success comes, only with time.Real success needs time & effort. There is no shortcut to success. Slow success builds character, Fast success builds ego. Success is like a tree – it needs time & efforts.Overnight success ke liye bhi 5-10 sal ka mehenot lagta hai.
19) Dialogue: Saturation comes in business, not in brain….There may be a slowdown or recession in business but the mind continuously works and it must not be stopped. The sharp mind creates new products one day, innovates, does new marketing, and finds new customers. No one can save you if your brain can slow down. So keep learning and upgrading yourself.
20) Dialogue: Time jata nehi lata hai wo bhi experience.uski jaga koi nehi le sakta… The condition is that we learn something from your failure and do not repeat the same mistakes.
21) Emotion mein insaan hamesha galti karta hai- Be professional in business
22) Don’t be afraid to give up the good to go for the great…valo kichu pete gele kichu tag o korte hoi..
23) Profit dikhta hai toh har koi jhukta hai- Profit in business will help you grow. Investor will come to invest. Everyone associated with your business will come to you to know the secter of your success.Everyone will give you value,respect.
24) Every Problem has it’s solution but make sure you think all the ways to find proper solution. Always look for Permanent solutions even if it takes more time to solve issues. Never ever look for easy solution if it creates another big problem in future.
25) Illegalities won’t sustain– you should never enter into illegal practices which are against law. Never try to find the loopholes in the system. They can give us short success and long term pain. Always comply with the legal system of the land. Going against the system, controlling and influencing the facts and building a business on a false and flawed foundation will never sustain. You can’t hide or run away for long, the truth will always come out.
26) Always think positive whatever the situations may be . Never ever give up. Don't quit.