5 easy steps to do financial planning.

Article - Sudhir Pai

Having worked with ICICI Bank, Kotak Group and Motilal Oswal Securities in the past, and interacting with many small and big clients, these are 5 steps, all successful investors follow :

1) Have a clear plan :

Remember the rule of 6P (Proper planning and preparation prevents poor performance). Correct planning cuts losses, increase financial gains and avoid the pain and panic of financial or lifestage crisis.

2) Upgrade yourself :

Atleast one hour of your day (preferably early mornings), must be set aside, to read newspapers like Economic Times, Business Standard and keep ourselves updated with what changes are happening in our society, nation and world, in terms of politics, technology, innovation, economy etc.

3) Network :

Network = Networth.

Please invest time to develop and maintain friendship with moderate minded, progressive human beings who believe in Win Win ecosystem. Ensure you also contribute in terms of helping and reaching out to them. 

4) Live a simple life :

We must understand the difference between wants and needs. Take a stock of your daily and monthly expenses and regularly do smart budgeting to ensure that we are not spending on unwanted things. Do yoga and meditation . Follow a disciplined lifestyle and eat healthy food.

5) Hire a life and investment coach :

It is always better to invest some money to hire a life coach, who will guide us through happy and sad days. Even the best movie actor or sports celebrity has such life coach who help them to keep a balanced attitude toward life and career.

For inspiring books, individual counselling and group seminars, contact WA on 9820073993.

All the best !

Sudhir Pai

9820073993 (Mumbai)

sudhirpai108@gmail.com

Artificial Intelligence is our future

Article - Sudhir Pai

Like it or hate it. But we humans will have to face Artificial Intelligence by 2030. Are we ready for it?

So - What is Artificial Intelligence?

To different people, Artificial Intelligence (AI) means different things. For some it could be self driving cars or a robot who can be a good friend to us.

Today's computers are far smarter than most of the humans in terms of memory and computational power. But the big question is whether Robots can exactly behave and think like humans in terms of emotions? Yes - says some scientists and futurists.

Deep learning even known as machine learning will allow computers or robots to learn everything by themselves. This is interesting and at times can become even scary.

Some Top Artificial Intelligence Companies :

• Amazon
• Google
• Facebook

Many new players like Apex Technologies and Petuum are doing some exciting projects in Artificial Intelligence domain.

Career Opportunities :

Promising career lies ahead to those who learn Artificial Intelligence and Robotics like :

• Algorithm specialists.
• Artificial Intelligence scientist.
• Robotics Process Automation.
• And more ...

Good movies on Robotics :

• The Terminator.
• Bicentennial Man.
• Short Circuit.
• Robot
• 2.0
• And more ...

Books on Artificial Intelligence :

• Life 3.0 by Max Tegmark.
• How To Create A Mind by Ray Kurzweil.
• Deep Learning by Aaron Courville.
• And more ...

So - What are you waiting for?

Buy a book or google or watch an YouTube Video on above future technologies.

All the best !

For inspiring books, individual counselling and group seminars Contact or WhatsApp on 9820073993. You can extend financial support to maintain this blog to spread positive news and create "A Better World"

This blog is managed and maintained by Sudhir Pai, who is an electronics engineer and post graduate in management with 20 years work experience in corporates like Jetking, ICICI Bank, Kotak.

Young Innovator - Story of Vignesh Subrahmaniam

Age: 29

Technical area: Software

Current position: Lead scientist at GE Global Research

As a child, Subrahmaniam had an unusual combination of interests. He was interested in mathematics as well as music. While he was fond of reading books, he liked forecasting the weather and playing the veena. He grew up to become of one the youngest and finest statisticians and data scientists in the country.

Twelve years ago, when he had to decide the course of his career, his mother encouraged him to take up the field which he so passionately adored. “My mother has always believed that to really become successful, you need to do what you are passionate about,” says Subrahmaniam.

So, at that time, when people usually opted to study for a medical or engineering degree, he went to the Indian Statistical Institute, Kolkata.

After completing his studies in 2008, he joined the global research team at the US-based products and services firm General Electric Co., where he had interned in 2005. His forte is statistical modelling for weather forecasting to solve industrial problems.

In the early stages of his career, he developed mathematical models and algorithms that added significant value to diverse industrial applications. He worked with two more researchers to develop a new machine-learning algorithm which analysed historical weather data in the Indian subcontinent to identify regions that have similar rainfall patterns. His research led to the discovery of a new monsoon region called the Homogenous Indian Monsoon Region, which later improved monsoon forecasting over large areas of northern and eastern India. His work was published in the Journal of the Royal Meteorological Society (2009).

In 2010, Subrahmaniam invented an automated mixture analysis algorithm for identifying unknown substances based on its Raman spectra. This method was later granted a patent. “It was used by GE’s Homeland Protection business to identify unknown mixtures such as narcotics or drugs correctly,” says Subrahmaniam.

Though identification of mixtures from spectral data is a well-studied topic, Subrahmaniam developed the first ever method based on partial correlation to generate probabilities on all the identified mixture components. His work on this was published in the Journal of Applied Spectroscopy in 2010.

Over the last seven years, Subrahmaniam has been involved in creating a software system consists of self-learning algorithms, which analyse historical weather patterns at a location and predict the most repeatable patterns. It compares that information with the requirements for its clients, such as setting up a wind farm at that location, to come up with the best model to do so. The method has been adopted by GE’s wind business for setting up wind turbines.

Subrahmaniam has been involved in industry applications related to wind farming, power grids, transport and aviation.

“Over a period of time, the system that we have created has demonstrated verifiable results,” he says.

Subrahmaniam is now experimenting with deep learning, a new field in machine learning, which uses artificial neural networks to learn levels of representation and abstraction that make sense of data such as images, sound, and text, in a way the human brain learns and understands it.

“We are using new analytical models and deep learning for analysing historical weather data to increase the accuracy of our predictions,” he says. “We are also looking to use this model to expand our horizons and solve problems across various industries.”

Source : Google, LiveMint.

To buy inspiring books, individual counselling and group seminars or to advertise on this blog or support us to spread positive inspiring news, please contact Sudhir Pai Training Systems on 9820073993 (Mumbai - India). We are looking forward to meet you.

Story of Saloni Malhotra (Desi Crew)

Saloni Malhotra (Founder - DesiCrew)

Saloni Malhotra is polite, petite and soft-spoken. In fact, she looks like she might still be in college.

"It is a problem sometimes," she admits. "People in this industry are expected to have some white hair - it gives confidence to the client ! She sometimes laugh off.

Saloni Malhotra is the founder and CEO of DesiCrew, an IT enabled services company, that provide back office and support services in rural part of Tamil Nadu and Karnataka.

After doing engineering from Pune Universtity and working with interactive media startup Web Chutney, based out of Delhi, she came in contact with Prof. Jhunjhunwala of TeNet group, IIT Madras and came up with idea of Desi Crew.

Desi Crew started with an objective to setup rural BPO's in Tier 2 cities towns and villages, which will generate employment opportunities to backward unemployed youth in these towns and villages.

Initially, Desi Crew struggled with intial hiccups of starting a social enterprise, but today stands tall and successful giving employment to 400 plus youth in these villages of Karnataka and Tamil Nadu.

For more on Desi Crew, visit google and youtube.

For inspiring books, individual counselling, group seminars and to support our blog in terms of advertisement and donations, contact WA on 9820073993 (Mumbai - India)

How to deal with a difficult boss?

Article - Sudhir Pai

Are you one of those, who feel that your boss is very difficult to handle? You do everything in best possible way, work really hard but your boss is never happy and many times shouts at you or insults you in front of other colleagues.

Chill. Take a cup of warm or cold coffee and keep reading below article. We are going to discuss today how to manage and deal with difficult boss?

Let's start.

Observe your boss for a few days with a neutral frame of mind. Regular meditation can help you to develop a cool and neutral mindset. Understand your boss and his or her priorities. Listen to what he or she says very carefully. Try to listen to what is unsaid.

Try to understand that your boss may be a very good person in personal life but targets and deadlines can put huge pressure on him or her and that work pressure can get transferred down on subordinates.

Art of managing boss is more often art of managing the pressure downloaded by the boss. And to manage the pressure, one needs to be in cool frame of mind. Trust me folks, regular deep breathing and meditation helps to develop this cool mind.

Documentation plays an important role in managing boss's expectations. During meetings with our superiors, make a note of everything in bulleted points. After meeting, email minutes of meeting to your boss and colleagues to ensure whole team is on same page. and get assign off from your boss. On regular intervals, send him status of work allotted with deadlines and tasks completed. This will ensure, that boss is updated on regular basis of work status. Also ask for feedback and inputs from boss about the progress of work.

Open and regular communication is the way to develop and strengthen relationship with your boss and colleagues.

I hope this article has helped you to get clarity on How to deal with difficult boss?

To develop winning teams, buy inspiring books, individual coaching or group seminar, or advertise on this blog contact our team on 9820073993 (Mumbai-India)

COBOTS - The future friendly robots

A COBOT (Co-Robot), derived from word Collaborative Robot is the future of human evolution and exciting experiences, we humans will have in near future.

Cobots were invented in 1996 by J. Edward Colgate and Michael Peshkin, who were professors at Northwestern university.

The global economy and various industries are entering a phase of renaissance. Much of more advanced technologies are still out of reach of SMEs, but COBOTs (Collaborative Robots) are seeing a noticeable spike in popularity, precisely because of their affordability and emphasis on safety.

Colgate and Peshkin were thinking and discussing on a idea where, robots and humans can collaborate with each other, work in partnership and improve overall productivity and quality of life.

With lot of research and development leading to creation of COBOTS, first introduced in factories, assembly line workers were happy to see that COBOTS are not those typically machine type looking devices, but human type looking creatures and it was actually fun working with them.

Now, picture the assembly floor of car factory staffed by COBOTS who are interacting with humans. Not only interacting with humans, they are also interacting with cars they are assembling. The future could be a customer gives a specific customized requirement and COBOTS alongwith engineers are interacting to give best possible customized solution.

Exciting Times Ahead Indeed ... 

This blog is managed by Sudhir Pai who is a business consultant, trainer and author. After his engineering and PG, he has worked with corporates like Jetking, ICICI Bank and Kotak. He can be reached on 9820073993 (Mumbai-India)

What is courage?

To accept the challenge of unknown inspite of all fear and insecurities and work towards it is courage.

Courage is the ability to come out of logic and reasoning of past experiences, challenge status quo, try out something new, something different and emerge out victorious. Courage is not the absence of fear. Infact, it is acknowledging the presence of fear, accepting fear and overcoming it.

It is infact, the ability to let go of our past experiences and venture out in the unknown. Courage is not essentially positive thinking but more of possibility thinking. Positive thinking may help to reduce fear, but possibility thinking will help us to overcome future, think of innovative solutions and ultimately emerge out as winner in life.

Courage is the self-affirmation of being inspite of the fact of non-being. It is an act of asserting our inner powers and strength over our weakness.

When I first decided to quit job and start something on my own, I had lot of fear about future, about financial burden and how I will manage my career. It took almost 5 years to fight with my fear and ultimately I quit my job and started my consultancy business.

I wrote 2 books, first one was Think Like A Winner, which has proven new age techniques of how to develop a winning mindset. and second one is Live Your Dreams, about those 10 ordinary real life people who became extra ordinary because they followed their heart and pursued their dreams.

To advertise on this blog or buy inspiring books, individual counselling or group seminars,please contact us on 9820073993 (Mumbai - India)

Sudhir Pai

Author - Trainer - Consultant

Story of Ritesh Agarwal

Ritesh is the founder and CEO at OYO Rooms. He was selected for the 20 under 20 Thiel Fellowship which makes him one of the very few Indians to have been shortlisted. He started working early in his life at the age of 13 and by 18 he was building OYO Rooms.

There is more to the unkempt looks of Ritesh Agarwal, 21-year-old founder and CEO of OYO Rooms, which one might find unusual of his age and accomplishments. Sporting dishevelled hair, shabby beard and muddy shoes, Agarwal started with coding software at the age of eight, becoming a part of a global annual forum for improving science in Asia, authoring a book on top 100 Indian engineering colleges, starting a consulting firm for foreign companies entering India, launching Oravel Stays, an Indian clone of US-based online lodging service Airbnb, dropping out of college and becoming the first Indian Thiel fellow to pivoting Oravel Stays to OYO Rooms, a branded network of budget hotels while he was just 19. What he is now building upon is a globally disruptive idea in accommodation and hotel industry.

Ritesh Agarwal who is merely 23 years old, has certain awards and credentials to his name, some of which are:

–  Forbes “30 under 30” in the consumer tech sector
–  Top 50 entrepreneurs in 2013 by TATA First Dot powered by NEN awards
–  TiE-Lumis Entrepreneurial Excellence award in 2014
–  Business World young entrepreneur award

- To buy inspiring books / motivational seminars / individual counselling / business coaching

- To publish your articles / products please contact us on 9820073993

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.