Archive for February, 2007

Vedanta: the Ultimate Wisdom – Our True Nature is Divine

February 28, 2007

“Physicists do not need mysticism, and Mystics do not need Physics, but humanity needs both.” – Fritjof Capra

Vedanta: the Ultimate Wisdom – Our True Nature is Divine

Vedanta is one of the world’s most ancient religious philosophies and one of its broadest. Based on the Vedas, the sacred scriptures of
India, Vedanta affirms the oneness of existence, the divinity of the soul, and the harmony of religions. Vedanta is the philosophical foundation of Hinduism; but while Hinduism includes aspects of Indian culture, Vedanta is universal in its application and is equally relevant to all countries, all cultures, and all religious backgrounds.

A closer look at the word “Vedanta” is revealing: “Vedanta” is a combination of two words: “Veda” which means “knowledge” and “anta” which means “the end of” or “the goal of.” In this context the goal of knowledge isn’t intellectual—the limited knowledge we acquire by reading books. “Knowledge” here means the knowledge of God as well as the knowledge of our own divine nature. Vedanta, then, is the search for Self-knowledge as well as the search for God.

What do we mean when we say God? According to Vedanta, God is infinite existence, infinite consciousness, and infinite bliss. The term for this impersonal, transcendent reality is Brahman, the divine ground of being. Yet Vedanta also maintains that God can be personal as well, assuming human form in every age.

Most importantly, God dwells within our own hearts as the divine Self or Atman. The Atman is never born nor will it ever die. Neither stained by our failings nor affected by the fluctuations of the body or mind, the Atman is not subject to our grief or despair or disease or ignorance. Pure, perfect, free from limitations, the Atman, Vedanta declares, is one with Brahman. The greatest temple of God lies within the human heart.

Vedanta further asserts that the goal of human life is to realize and manifest our divinity. Not only is this possible, it is inevitable. Our real nature is divine; God-realization is our birthright. Sooner or later, we will all manifest our divinity—either in this or in future lives—for the greatest truth of our existence is our own divine nature.

Finally, Vedanta affirms that all religions teach the same basic truths about God, the world, and our relationship to one another. Thousands of years ago the Rig Veda declared: “Truth is one, sages call it by various names.” The world’s religions offer varying approaches to God, each one true and valid, each religion offering the world a unique and irreplaceable path to God-realization. The conflicting messages we find among religions are due more to doctrine and dogma than to the reality of spiritual experience. While dissimilarities exist in the external observances of the world religions, the internals bear remarkable similarities.And more ……

RIGHT & WRONG CONDUCT:

All ethics are merely a means to the end of finding God within ourselves.

“Right” action is action which brings us nearer to the knowledge of God. “Wrong” action leads us away from that knowledge.

Our ideas of “good” and “evil” are therefore only relative values and must not be used as an absolute standard by which we judge others. Each of us has our own problems and our own of development. But the goal is the same for all. and more …..

THE VEDANTA

By Swami Vivekananda

(Delivered at Lahore on 12th November, 1897)

Two worlds there are in which we live, one the external, the other internal. Human progress has been made, from days of yore, almost in parallel lines along both these worlds. The search began in the external, and man at first wanted to get answers for all the deep problems from outside nature. Man wanted to satisfy his thirst for the beautiful and the sublime from all that surrounded him; he wanted to express himself and all that was within him in the language of the concrete; and grand indeed were the answers he got, most marvellous ideas of God and worship, and most rapturous expressions of the beautiful. Sublime ideas came from the external world indeed.

“What is that knowing which we know everything else?” In modern language, the theme of the Upanishads is to find an ultimate unity of things. Knowledge is nothing but finding unity in the midst of diversity.

Every science is based upon this; all human knowledge is based upon the finding of unity in the midst of diversity; and if it is the task of small fragments of human knowledge, which we call our sciences, to find unity in the midst of a few different phenomena, the task becomes stupendous when the theme before us is to find unity in the midst of this marvellously diversified universe, where prevail unnumbered differences in name and form, in matter and spirit — each thought differing from every other thought, each form differing from every other form. Yet, to harmonise these many planes and unending Lokas, in the midst of this infinite variety to find unity, is the theme of the Upanishads.

One step further, and we find the same teacher teaching that this God is not outside of nature, but immanent in nature. And at last both ideas are discarded, and whatever is real is He; there is no difference. “Shvetaketu, That thou art.” That Immanent One is at last declared to be the same that is in the human soul. Here is no Compromise; here is no fear of others’ opinions. Truth, bold truth, has been taught in bold language, and we need not fear to preach the truth in the same bold language today, and, by the grace of God, I hope at least to be one who dares to be that bold preacher. And more ………

 Reference:

1.        http://www.vedanta.org/wiv/overview.html 

2.        http://www.vedanta.com/vedanta.html

3.        http://www.ramakrishnavivekananda.info/index.htm

-Ajay Singh Niranjan

“ this life is yours which you are living is not merely a piece of existence , but in certain sense the “whole”…this , as we know , is what the Brahmins express I that sacred mystic formula which is yet so simple , so clear. TAT TWAM ASI. This is you or again in such words as “I am in east, I am in the west, I am below and the above. I AM THIS WHOLE WORLD”- Erwin Schrödinger :an Austrian physicist who achieved fame for his contributions to quantum mechanics, especially the Schrödinger equation, for which he received the Nobel Prize in 1933.

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~Ajay Singh Niranjan ~

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When you are inspired by some great purpose

February 21, 2007

“When you are inspired by some great purpose, some extraordinary project, all your thoughts break their bonds: Your mind transcends limitations, your consciousness expands in every direction, and you find yourself in a new, great, and wonderful world. Dormant forces, faculties and talents become alive, and your discover yourself to be a greater person by far than you ever dreamed yourself to be.”

– Patanjali, the father of yoga-

Where the mind is without fear and the head is held high

February 21, 2007

“Where the mind is without fear and the head is held high;
Where knowledge is free;
Where the world has not been broken up into fragments by narrow domestic walls;

Where words come out from the depth of truth;
Where tireless striving stretches its arms towards perfection;

Where the clear stream of reason has not lost its way into the dreary desert sand of dead habit;
Where the mind is led by thee into ever widening thought and action-Into that heaven of freedom, my Father, let my country awake”

            – Gurudev Rabindranath Tagore “Gitanjali”, verse XXXV.

Leadership in Execution: Execution competencies

February 20, 2007

In the organisation or system ………Failure of good strategy & plans… 

Where is the center of gravity? 

Focus: The great execution gap. 

What is the definition of leadership in context of execution?  

What are execution competencies?   Kindly read this nice article written by M.R. Chandramowly at deccaherald.com  

Leadership in execution 

 Some insight from this article:  

Execution competencies: 

*       Execution leaders are in regular touch with the day-to-day realities of business and people. Being present in the “power of now”, the personal connections build intuitive feel for leadership and followers. 

*       They live in reality and do not shade it to make a good appearance. Embracing reality is about keeping the view of global trends and measuring your own progress, not internally but externally. 

*       Execution leaders set clear goals and priorities. The logic of business thinking is to focus on three or four clear priorities. A leader who has 10 priorities does not know himself what the most important things are. Execution Leader aligns few clear goals across the organisation and simplifies things so that others can understand, evaluate and act on them. 

*       One of the concerns in widespread business is lack of perseverance and ability to follow through. 

*       Reward the doers. People produce specific results if they are rewarded accordingly. Rewards include monetary value and beyond 

*       The sixth execution competency is to expand people’s capabilities through coaching. 

*       The last execution competency, which is the basis for all the six to stand on is self-awareness. Leading a business requires strong character, emotional fortitude and awareness of strengths and weaknesses especially in dealing with other people, and the ability to build on the strengths and correct the weaknesses. 

Similarly the other execution behaviours can be identified with leadership competencies: Insist on realism, set clear goals and priorities – results driven, follow through – perseverance, reward the doers – motivating and inspiring, expand people capabilities – developing self and others, know yourself – self-knowledge.***********************************************

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~Ajay Singh Niranjan ~

Lead me from darkness to light!

February 20, 2007

O Supreme Lord!

“Lead me from the unreal to the real!

Lead me from darkness to light!

Lead me from death to immortality!”

 – Brihad-aranyaka Upanishad, c. 800-400 BCE, 1.3.28

Understanding the Power of Now

February 19, 2007

“Mind agitated, wavering, hard to guard and hard to check, one of wisdom renders straight as arrow-maker a shaft”. – Buddha

When we think about a beautiful word: “thoughts”.

What is our  first image? 

Why this particular image is coming in the mind?

….Observe yourself!

 Are we living on center or periphery of the circle of life?

Just remind timeless wisdom from Bhagvat Gita:

“The uncontrolled mind does not guess that the Atman (soul) is present: How can it mediate? Without meditation, where is peace without peace, where is happiness? ”

Here the meaning of control is moving towards center. Moving towards consciousness. Moving towards roots. Moving towards true nature of self. Moving towards solution.

Now come to TIME: In which dimension of time, we are living (Plus – Zero – Minus)

After observing we can diagnosis: Are we able to maintain resonance with time?

The solution is walking with time. Move our thought at present dimension of time. Because it is easy and simple.

In simple: Understanding the Power of Now………….

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Kindly read this wonderful interview of Eckhart Tolle at store.sound.com

Interview: The Power of Now and the End of Suffering

Some points from this interview:

“The word Buddha comes from the Sanskrit word Budh, meaning, “to be awake.” So Buddha is not a name and ultimately not a person, but a state of consciousness. All this implies that humans are potentially capable of living in a state of consciousness compared to which normal wakefulness is like sleeping or dreaming”.

“At the time, I had no conceptual framework to help me understand what had happened to me. Years later, I realized that the acute suffering I felt that night must have forced my consciousness to withdraw from identification with the unhappy self, the suffering “little me,” which is ultimately a fiction of the mind. This withdrawal must have been so complete that the suffering self collapsed as if the plug had been pulled out of an inflatable toy. What was left was my true nature as the ever present “I AM”: consciousness in its pure state prior to identification with form. You may also call it pure awareness or presence”.

“What dissolves is identification with thought forms that had given you your sense of self. But that sense of self is ultimately false is ultimately a mental fiction. It is the egoic mind or the “little me” as I sometimes call it. To be identified with a mental image of who you are is to be unconscious, to be unawakened spiritually. This unawakened state creates suffering, but suffering creates the possibility of awakening”.

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Knowledge and ignorance are the two unborn ones. One is the ruler and the other, the ruled. Apart from these two, there is another who is also unborn and who is connected with the enjoyer and his enjoyment. And then there is the infinite self, the universal form, who is non-doer. When one knows this triad, one has known Brahman (cosmic consciousness).”- Upanishad

Effective Artciles which align to above article. Kindly link and share your expereince.

© Ajay Singh Niranjan

Leadership Quotations from Warren Bennis

February 19, 2007

*      Good leaders make people feel that they’re at the heart of things, not at the periphery. Everyone feels that he or she makes a difference to the success of the organization. When that happens, people feel centered, and that gives their work meaning. 

 *      No leader sets out to be a leader. People set out to lead their lives, expressing themselves fully. When that expression is of value, they become leaders.

  *      Managers are people who do things right, while leaders are people who do the right thing. 

*      The manager asks how and when; the leader asks what and why.  

*      The most dangerous leadership myth is that leaders are born — that there is a genetic factor to leadership. This myth asserts that people simply either have certain charismatic qualities or not. That’s nonsense; in fact, the opposite is true. Leaders are made rather than born.

Vipassana Meditation-a logical process of mental purification through self-observation

February 18, 2007

Vipassana Meditation

As taught by S.N. Goenka and his Assistant Teachers

Vipassana is a simple and practical method of mental purification, which makes it possible to face the tensions and turbulations of daily life in a calm and balanced way. This path of self-development through self-awareness is extraordinary in its simplicity, its Lack of dogma and, above all, its results.

A ten-day residential course is an opportunity to learn this technique and experience the benefits of intensive meditation and self-purification. No previous experience of any meditation is necessary. The practice is acceptable to all, irrespective of caste, creed and religion. It helps all to lead a happier and more harmonious life.

All courses are financed entirely by grateful old students who have been benefited by Vipassana.                   
                        10 Day Courses

Regularly offered in Vipassana Meditation centers around the world.Contact nearest Vipassana Meditation center

Ref- http://www.dhamma.org & http://www.vri.dhamma.org

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VIPASSANA MEDITATION for Students, Children, Adults

Benefits:

1)                  Sharper Memory

2)                  Increased Concentration

3)                  Better Decision Making and Confidence

4)                  Peaceful and happy mind

5)                  Freedom from stress, fear, worry, anger

6)                  Better Performance in studies, sports, work

7)                  Better Health

Notes

1)     Two day Anapana Meditation courses are regularly offered for children/students. These can help a child become a better student and happier person. [One day courses can also be organized in schools]

2)     Ten day courses are regularly offered for Adults. Correct practice of Vipassana results in immense and life transforming benefits.

3)     The courses are offered with the sole intent of spreading happiness, and are free of cost. After completing a course, one can donate according to one’s own wish.

                 

MAY ALL BEINGS BE HAPPY.

For more information, Contact nearest Vipassana Meditation center.

Ref- http://www.dhamma.org & http://www.vri.dhamma.org

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A message of Vikas Nagpal :

       Vikas Nagpal
      Respected Friends,

     Kindly find an article about Anapana Meditation, which is offered free of cost to children, by Vipassana Meditation centres situated worldwide.The article specifically explains the benefits of this meditation technique when included in school education schedule.
Please refer
http://www.vri.dhamma.org/anapana/school.html

Kindly see the below Videos introducing Anapana Meditation for children.

Anapana Meditation helps a child master his/her mind, and live a happier and productive life.

http://www.youtube.com/watch?v=pRgxKWm6×4U

http://www.youtube.com/watch?v=9-1gpI7ipkM

More information is available at link http://www.vri.dhamma.org/anapana/index.html

May all beings be happy !

Thanks and Regards,
Vikas Nagpal
>>
May all beings be happy, be peaceful, be liberated!
http://www.dhamma.org
Bright Children/Students => Bright citizens and leaders => Bright India !!
http://o3.indiatimes.com/Vipassana_Education_Integration
>>

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~Ajay Singh Niranjan ~

Wipro chief’s 10-point recipe for success

February 17, 2007

Wipro chairman Azim H Premji, one of India’s most successful entrepreneurs, on Friday prescribed a 10-point recipe for success, based on the very lessons he had learnt during his last 35 years in the organisation.  

“You should dare to dream, define what you stand for, never lose your zest and curiosity, always strive for excellence, build self confidence, learn to work in teams, take care of yourself, preserve, have a broader social vision and finally never let success go to your head,” Premji said.

The Wipro chairman was delivering the convocation address at the 38 the convocation of the Indian Institute of Technology, Madras.

Following is the entire text of the convocation address made by Premji:

I am privileged to be with you here today and to share this significant moment of your life.

The convocation marks the culmination of all the endless nights you worked through, all the anxieties you have gone through facing one examination after another and all the preparation you have put in, not only to enter this prestigious institution but also to graduate from it successfully. It is no mean achievement.

Only a handful of the most talented people in the world have shared this success with you. Let me just say that I am very proud of each and every one of you.

I am a little wary about giving you advice- because advice is one thing young people all over the world do not like receiving. I cannot fault you for that.

The world does look very different when it is seen with your eyes. You are filled with enthusiasm and are straining at the leash to get on with life.

And the world is very different from what it was when I was at your age. Never before has the role of technology been so pervasive and so central. The Internet has breached all physical borders and connected the world together like no other force has done before.

For the first time, opportunities for creating wealth in India are at par with the best in world. There is no need for you to sacrifice the joy of remaining in your own country any more.

All opportunities are accompanied by their own challenges. I thought I would share with you a few of the lessons I have learnt in my own life, while loading the transformation at Wipro, from a small company three and a half decades back into a global corporation listed on the New York Stock Exchange. I hope you find them useful.

Lesson # 1: Dare to dream

When I entered Wipro at the age of 21, it was a sudden and unexpected event. I had no warning of what lay ahead of me and I was caught completely unprepared. All I had with me was a dream.

A dream of building a great Organisation. It compensated for my inexperience and I guess, also prevented me from being overwhelmed by the enormity of the task before me.

What I am happy is that we never stopped dreaming. Even when we achieved a position of leadership in every business we operated in India. We now have a dream of becoming one of the top 10 global it service companies.

Many people wonder whether having unrealistic dreams is foolish. My reply to that is dreams by themselves can never be realistic or safe. If they were, they would not be dreams. I do agree that one must have strategies to execute dreams. And, of course, one must slog to transform dreams into reality. But dreams come first.

What saddens me most is to see young, bright people getting completely disillusioned by a few initial setbacks and slowly turning cynical and some of them want to migrate to America in the hope this is the solution.

It requires courage to keep dreaming. And that is when dreams are most needed- not when everything is going right, but when just about everything is going wrong.

Lesson # 2: Define what you stand for

While success is important, it can become enduring only if it is built on a strong foundation of Values. Define what you stand for as early as possible and do not compromise with it for any reason. Nobody can enjoy the fruits of success if you have to argue with your own conscience.

In Wipro, we defined our Beliefs long before it became a fashion to do so. It not only helped us in becoming more resilient to stand up to crises we faced along the way, but it also helped us in attracting the right kind of people.

Eventually, we realised that our values made eminent business sense. Values help in clarifying what everyone should do or not do in any business situation. It saves enormous time and effort because each issue does not have to be individually debated at length.

But remember that values are meaningful only if you practice them. People may listen to what you say but they will believe what you do. Values are a matter of trust. They must be reflected in each one of your actions. Trust takes a long time to build but can be lost quickly by just one inconsistent act.

Lesson #3: Never lose your zest and curiosity

All the available knowledge in the world is accelerating at a phenomenal rate. The whole world’s codified knowledge base (all documented information in library books and electronic files) doubled every 30 years in the early 20th century.

By the 1970s, the world’s knowledge base doubled every seven years. Information researchers predict that by the year 2010, the world’s codified knowledge will double every 11 hours.

Remaining on top of what you need to know will become one of the greatest challenges for you.

The natural zest and curiosity for learning is one of the greatest drivers for keeping updated on knowledge. A child’s curiosity is insatiable because every new object is a thing of wonder and mystery. The same zest is needed to keep learning new things.

I personally spend at least ten hours every week on reading. If I do not do that, I find myself quickly outdated.

Lesson # 4: Always strive for excellence

There is a tremendous difference between being good and being excellent in whatever you do. In the world of tomorrow, just being good is not good enough.

One of the greatest advantages of globalisation is that it has brought in completely different standards. Being the best in the country is not enough; one has to be the best in the world. Excellence is a moving target. One has to constantly raise the bar.

In the knowledge-based industries, India has the unique advantage of being a quality leader. just like japan was able to win in the overseas market with its quality leadership in automobile manufacturing, india has been able to do the same in information technology.

At Wipro, we treat quality as the #1 priority. This enabled us not only to become the world’s first SEI CMM Level 5 software services company in the world but also a leader in Six Sigma approach to quality in India.

However, even today I am dissatisfied with several things which we are not doing right in the area of customer satisfaction.

Doing something excellently has its own intrinsic joy, which I think is the greatest benefit of Quality.

Lesson # 5: Build self-confidence

Self-confidence comes from a positive attitude even in adverse situations. Self-confident people assume responsibility for their mistakes and share credit with their team members.

They are able to distinguish between what is in their control and what is not. They do not waste their energies on events that are outside their control and hence they can take setbacks in their stride.

Remember, no one can make you feel inferior without your consent.

Lesson # 6: Learn to work in teams

The challenges ahead are so complex that no individual will be able to face them alone. While most of our education is focused in individual strength, teaming with others is equally important. You cannot fire a missile from a canoe. Unless you build a strong network of people with complimentary skills, you will be restricted by your own limitations.

Globalisation has brought in people of different origin, different upbringing and different cultures together. Ability to become an integral part of a cross-cultural team will be a must for your success.

Lesson # 7 Take care of yourself

The stress that a young person faces today while beginning his or her career is the same as the last generation faced at the time of retirement.

I have myself found that my job has become enormously more complex over the last two or three years. Along with mutual alertness, physical fitness will also assume a great importance in your life.

You must develop your own mechanism for dealing with stress. I have found that a daily jog for me, goes a long way in releasing the pressure and building up energy. You will need lots of energy to deal with the challenges.

Unless you take care of yourself there is no way you can take care of others.

Lesson # 8: Persevere

Finally, no matter what you decide to do in your life, you must persevere. Keep at it and you will succeed, no matter how hopeless it seems at times. In the last three and half decades, we have gone through many difficult times. But we have found that if we remain true to what we believe in, we can surmount every difficulty that comes in the way.

I remember reading this very touching story on perseverance.

An eight-year-old child heard her parents talking about her little brother. All she knew was that he was very sick and they had no money left. They were moving to a smaller house because they could not afford to stay in the present house after paying the doctor’s bills. Only a very costly surgery could save him now and there was no one to loan them the money.

When she heard daddy say to her tearful mother with whispered desperation, ‘Only a miracle can save him now’, the child went to her bedroom and pulled a glass jar from its hiding place in the closet.

She poured all the change out on the floor and counted it carefully.

Clutching the precious jar tightly, she slipped out the back door and made her way six blocks to the local drug Store. She took a quarter from her jar and placed it on the glass counter.

“And what do you want?” asked the pharmacist. “It’s for my little brother,” the girl answered back. “He’s really, really sick and I want to buy a miracle.”

“I beg your pardon?” said the pharmacist.

“His name is Andrew and he has something bad growing inside his head and my daddy says only a miracle can save him. So how much does a miracle cost?”

“We don’t sell miracles here, child. I’m sorry,” the pharmacist said, smiling sadly at the little girl.

“Listen, I have the money to pay for it. If it isn’t enough, I can try and get some more. Just tell me how much it costs.”

In the shop was a well-dressed customer. He stooped down and asked the little girl, “What kind of a miracle does you brother need?”

“I don’t know,” she replied with her eyes welling up. “He’s really sick and mommy says he needs an operation. But my daddy can’t pay for it, so I have brought my savings”.

“How much do you have?” asked the man. “One dollar and eleven cents, but I can try and get some more”, she answered barely audibly.

“Well, what a coincidence,” smiled the man. “A dollar and eleven cents — the exact price of a miracle for little brothers.”

He took her money in one hand and held her hand with the other. He said, “Take me to where you live. I want to see your brother and meet your parents. Let’s see if I have the kind of miracle you need.”

That well-dressed man was Dr Carlton Armstrong, a surgeon, specialising in neuro-surgery. The operation was completed without charge and it wasn’t long before Andrew was home again and doing well.

“That surgery,” her mom whispered, “was a real miracle. I wonder how much it would have cost?”

The little girl smiled. She knew exactly how much the miracle cost … one dollar and eleven cents … plus the faith of a little child.

Perseverance can make miracles happen.

Lesson # 9: Have a broader social vision

For decades we have been waiting for some one who will help us in ‘priming the pump’ of the economy.

The government was the logical choice for doing it, but it was strapped for resources. Other countries were willing to give us loans and aids but there was a limit to this.

In the millennium of the mind, knowledge-based industries like Information Technology are in a unique position to earn wealth from outside. While earning is important, we must have mechanisms by which we use it for the larger good of our society.

Through the Azim Premji Foundation, we have targeted over the next 12 months to enrol over a million children, who are out of school due to economic or social reasons.

I personally believe that the greatest gift one can give to others is the gift of education. We who have been so fortunate to receive this gift know how valuable it is.

Lesson # 10: Never let success go to your head

No matter what we achieve, it is important to remember that we owe this success to many factors and people outside us. This will not only help us in keeping our sense of modesty and humility intact but also help us to retain our sense of proportion and balance.

The moment we allow success to build a feeling or arrogance, we become vulnerable to making bad judgements.

Let me illustrate this with another story:

A lady in faded dress and her husband, dressed in a threadbare suit, walked in without an appointment into the office of the president of the most prestigious educational institution in America.

The secretary frowned at them and said, “He will be busy all day.”

“We will wait,” said the couple quietly.

The secretary ignored them for hours hoping they will go away. But they did not. Finally, the secretary decided to disturb the president, hoping they will go way quickly once they meet him.

The president took one look at the faded dresses and glared sternly at them. The lady said, “Our son studied here and he was very happy. A year ago, he was killed in an accident. My husband and I would like to erect a memorial for him on the campus.”

The president was not touched. He was shocked. “Madam, we cannot put up a statue for every student of ours who died. This place would look like a cemetery.”

“Oh, no,” the lady explained quickly, “we don’t want to erect a statue. We thought we would give a building to you.”

“A building?” exclaimed the president, looking at their worn out clothes. “Do you have any idea how much a building costs? Our buildings cost close to ten million dollars!”

The lady was silent. The president was pleased and thought this would get rid of them.

The lady looked at her husband. “If that is what it costs to start a university, why don’t we start our own?” Her husband nodded.

Mr and Mrs Leland Stanford walked away, travelling to Palo Alto, California, where they established the university as a memorial to their son, bearing their name – the Stanford University.

The story goes that this is how Stanford University began.

I wish you every success in your career and your future life.

Source : http://www.rediff.com/money/2001/jul/27wipro.htm

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Q&A with management guru Jim Collins

February 16, 2007

The bestselling author answers our readers’ questions about business, leadership – and mountain climbing.

Lets read this nice interview  by Matthew Boyle at CNNMoney.com.

Sharing some insight :

If you were to offer advice to a beginning entrepreneur, what would it be? –Francisco Romero, Albuquerque

First, don’t obsess on finding the “great idea.” In fact, our research shows a somewhat negative correlation between pioneering a great idea and building a great company. Many of the greatest started with either no great idea or even failed ideas.

Sony (Charts) started with a failed rice cooker. Marriott (Charts) started as a single root beer stand. Bill Hewlett and Dave Packard’s great idea was simply to work together – two best friends who trusted each other – while their first four products failed to get the company out of the garage.

They followed the “first who” approach to entrepreneurship: First figure out your partners, then figure out what ideas to pursue. The most important thing isn’t the market you target, the product you develop or the financing, but the founding team.

Starting a company is like scaling an unclimbed face – you don’t know what the mountain will throw at you, so you must pick the right partners, who share your values, on whom you can depend, and who can adapt.

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