How To Live Cashless ?

Source : Rediff

Most urban Indians have been managing their lives with difficult-to-obtain cash since that late night prime ministerial proclamation two weeks ago.

The daily travails and the plight of the largely cash-run Indian countryside stare at you from newspaper front pages and television screens even as full-page newspaper advertisements inserted by ewallet companies urge Indians to go cashless.

Abhishant Pant, 36, a FinTech professional, has been living in a cashless state of mind for several months now.

While Indians rush to banks and ATMs to deposit/exchange no-longer-legal-tender Rs 500/Rs 1,000 bank notes and withdraw cash, Pant is chilling at home. He only had loose change amounting to Rs 546 in his 'piggy bank' when the PM declared the note ban.

"I was giving a lecture on payments at an IIT conference in February when someone asked whether it is possible to live without cash in this era of digital payments. I felt it was possible and decided to execute the idea myself," he says.

He was to travel to Singapore and felt he would not face any problems in that nation, arriving without cash in hand. Reality confronted him soon enough at Singapore's Changi airport when he hailed a taxi.

"The taxiwallah refused to take digital payment. So, I had to wait for another cab. Luckily, the third taxi I hailed agreed to do so," Abishant recalls.
Why didn't he carry some cash for an emergency?

"I intentionally didn't," he says. "When you have a safety net, your experience is not real. If I knew I had an option, I would have opted for it. I would have ended up paying in cash, which I did not want. I survived in Singapore for five days only on digital payments."

When Abhishant wrote about his experience, Cashless in Singapore and learning for India on LinkedIn, readers said it was possible to do so in Singapore, but not in India.

Full Story Click >> ABHISHANT PANT

This blog is managed by Sudhir Pai : A qualified electronics engineer and management graduate with 18 years of work experience with companies like Jetking / ICICI Bank / Kotak is now a business consultant to corporates and SMEs. He is author of 2 motivational books and regularly speaks at various business forums. He can be reached on 9820073993.

To advertise / publish your story on this blog please contact on 9820073993. We want to bring more positive articles and reach out to every human on this earth. We are looking for genuine investors and funding.

Build your business from scratch

As I am sitting and reflecting on my past. Those days of my life as an employee where I wanted to be an entrepreneur. To be independent. To be my own boss.

The journey so far has been an exciting one. The journey so far had it's own challenges. There were ups. There were downs. There were moments of uncertainity and frustration. Today, I am going to share some experiences of my entrepreneurial journey which I regularly share in my individual counselling sessions and group seminars.

When you decide to start your own business, there will always be a mixed feeling. Feelings of fear and excitement. It's a lonely journey. A journey into uncertainty with unlimited possibilities.

Larry Elison often used to say - Building Oracle is like solving a maths puzzle.

Even though, our ultimate aim is to succeed, at initial levels be prepared to fail and experience setbacks. Failure is a part and parcel of the process of success. As an entrepreneur, I have hit ground zero a couple of times but I don't think I am alone in this ordeal.

Mike Adenuga, second richest man in Nigeria and owner of successful telecom company Globacom had his share of failures. He personally lost $20million. But that did not stop him. He re-built his company once again.

All I wanted to say is - Never Give Up!

To help new entrepreneurs to start business or veterans to run their businesses profitably, I do business consultancy, individual counselling and group seminars.

I have also written 2 books :

1) Think Like A Winner

2) Live Your Dreams

If you are interested in any of these services, please contact on

9820073993 ( India )

Looking forward to meet you.

Regards,

Sudhir Pai

Power of Subconscious Mind

Infinite riches are all around you if you will open your mental eyes and behold the treasure house of infinity within you. There is a gold mine within you from which you can extract everything you need to live life gloriously, joyously, and abundantly. Many are sound asleep because they do not know about this gold mine of infinite intelligence and boundless love within themselves. Whatever you want, you can draw forth. A magnetized piece of steel will lift about twelve times its own weight, and if you demagnetize this same piece of steel, it will not even lift a feather. Similarly, there are two types of men. There is the magnetized man who is full of confidence and faith. He knows that he is born to win and to succeed. Then, there is the type of man who is demagnetized. He is full of fears and doubts.

To buy inspiring books / conduct motivational seminars / individual counselling contact on 9820073993 ( India )

For more click  >>> Power of Subconscious Mind