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I did a survey on what is that trait which makes a difference between a successful and unsuccessful leader. I got some very interesting responses, which I want to share with my blog readers:

The biggest risk in life is not to take a risk - This is one thing I say to myself everyday. We all want to live in a secured environment, and hesitate to take the road less traveled. It reminds me of the poem written by the great poet Robert Frost. I would like to quote his poem ( The Road Not Taken ) here:

Remember its not the idea, its not the concept, its not the business, that makes difference to one’s Entrepreneurial Journey. Its all about people. Its the people who like your idea, its the people who hate your idea, its the people who work work for you, its the people with whom you partner, its the people who excite you. You may have the best idea or the best business plan in the world, but if you are bad at connecting with people, consider yourself out from the game of Entrepreneurship.

It is a very well know fact that nobody reaches zenith of success by themselves. Dale Carnegie once said that, “There is no such thing as a self made man”. A person is known by the company he keeps. So whatever business you are in, surround yourself with a group of people who are themselves successful in their own way. One of the important factor, in deciding a team is to associate with people who can compensate for your weakness.

There are various valuation methods for a start up company, which are being enumerated below:

1. Valuation Method: $5 MM limit

Description: Never invest greater than $5 MM

Pros: Simple and provides necessary upside risk

Cons: Can be too high sometimes

2. Valuation Method: Berkus method

Description: Total value ranges from $1-$6 MM, starting with $200K and adding $1 MM each for a sound idea, a prototype, a quality board, or any roll-out sales, and adding $1-2MM for a quality management team

We often hear people ask,” What is the meaning of life?” or “why are we born on this Earth?” In most cases, we have our own agenda on what our purpose in life is. However, from a spiritual perspective, there are two generic reasons which define the purpose of our lives at the most basic level. They are:

1. To complete the give-and-take account we have with various people.
2. To make spiritual progress with the final aim of merging into God and therefore getting out of the cycle of birth and death.

Of late, I have realized that heart is more intelligent than mind. Many of you will be surprised with this sentence – well, I was myself surprised too. I have realized there are so many things beyond the intellect, which a normal mind cannot comprehend. Our heart is more closely connected with the spirit within. The moment we open up our heart, life opens up for us. So for a moment, as you read this, give your mind a rest, stop doing all those calculations which your mind always tends to do. More and more you do things from your heart, the more tranquility it will bring to you, the more serene you will become. Send your mind for vacation for some moments every day. Practice doing it on a daily basis, and you will realize that you have learnt the art of meditation. Meditation is all about reuniting your mind, body, heart and soul on a single plane.

How many of us realize the fact that Life is Beautiful and we have the option to cherish every moment of it? Life is like a garland made up of beads of flowers. In this garland each and every flower is important. Moment one flower is broken, garland’s appeal goes away. Like a garland, our life is a long journey, made up of flowers of smaller moments. We need to cherish these moments, savor these moments completely, and feel it from our heart. Means are more important than the ends. Real joy lies in the process, not in the final output. Spiritual statistics prove that majority of our life is spent in brooding over the past or preparing for the present.

Forbes declared Warren Buffet as the richest man on earth, with an estimated worth of $62 billion. He is followed by Carlos Slim Helu with a net worth of $60 billion and Bill Gates with a net worth of $58 billon at 2^nd and 3^rd position respectively. US investment and finance Guru Warren Buffet overtook the software tycoon Bill Gates, with a net worth increase of $10 billion from $52 billion last year to $62 billion this year. This is the first time after 13 years that Bill Gates has been pushed to 3^rd position. Telecom giant from Mexica, Carlos Slim Helu, upped his worth from $49 billion last year o $60 billion.

Its official now! Mark Zuckerberg, aged 23, has been declared as the world’s youngest billionaire as per the latest release from the Forbes Magazine. Forbes ranked him 785 out of 1123 billionaires across the globe. Zuckerberg’s net worth is estimated to be $1.5 billion, considering five billion dollars valuation for Facebook and Zuckerberg’s 30 percent stake. Mark Zuckerberg is the founder of the world’s most famous and addictive social networking website Facebook. He is also credited with the reputation of being the youngest self-made billionaire, who built his business from scratch. Microsoft bought 1.6% stake in Facebook in October 2007 for $240 million, increasing the valuation of Facebook to a whopping $15 billion.