This blog documents my MBA student life at Ryerson University, Canada (2010-2012). It was an attempt to demystify the MBA experience, help understand MBA topics & encourage MBA wannabes. I have a Pre-MBA blog about B-School application process (and a few other blogs) as well. I used to blog actively in the past and interact with readers regularly, but life got very busy after my MBA. Good luck. Take care. Cheers! Gerry.
Sunday, January 29, 2012
5 Tips To Live An Extraordinary Life
From the link: http://www.themillionairesecrets.net/5-extraordinary-tips-to-live-an-extraordinary-life/
- Dare to change
- Do what most people hate to do
- Work on your goals everyday
- Practice thinking big all the time
- Never ever give up on your dreams
About doing what people hate to do:
- Most people are not living a remarkable life because they are only doing what is easy & convenient.
- An extraordinary salesman, must make cold calls and go out to meet clients. However, most don't.
- The majority of students do not like to go to school to read the text books.
- It is hard to wake up at 6am in the morning to meditate or jog.
- If you can do that consistently, you will be able to produce outstanding results.
3 Reasons Why People Are Not Successful
From the link: http://www.themillionairesecrets.net/the-3-biggest-reasons-why-most-people-are-not-successful/
- You Have To Have Dreams And Goals.
- Procrastination And Not Doing Anything About Your Dreams.
- You don’t Believe In Your Dreams And Give Up Too Soon.
My LinkedIn profile = 100% pure truth!
It is a bit like Creative Accounting that people sometimes indulge in. There is nothing wrong or false, but it is not 100% accurate either - what some people create. I have decided that I shall state my ambitions and future plans without shame or hesitation, but shall exhibit only facts in my LinkedIn profile.
- Gerry Som.
www.gerry.in
How to send a LinkedIn recommendation request?
From the link: http://www.networkworld.com/news/2009/021909-linkedin-recommendations-five-ways-to.html
3. You'll be walked through a basic three step process. Name the job (among those listed in your resume) for which you want a recommendation, using the drop-down menu. Decide who you'll ask for a recommendation. And lastly, write a customized note, telling the person why you'd like them to recommend you.
How to send a LinkedIn recommendation request?
1. After you log into your LinkedIn homepage, scroll your mouse over to the left navigation menu where it says "Profile." Click on the subsection that says, "Recommendations."
2. On the Recommendations page, click on the "request recommendations tab."
About LinkedIn Recommendations
From the link: http://www.linkedin.com/static?key=pop%2Fpop_more_recommendations
Why get recommended?
- It helps you hire and get hired
- It helps you find customers and partners
- It builds your brand and reputation
- It makes your network more valuable
Who should recommend you?
- Former managers
- Colleagues and co-workers
- Customers and clients
- Business partners
LinkedIn Profile recommendations
I have begun making efforts to start gathering recommendations for my profile. So far, whatever I did or do, my LinkedIn profile completeness would not cross 85%. Now, I am guessing that getting recommendations shall make my profile more complete.
Cheers!
Gerry Som.
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| From some corner of the World Wide Web... |
Building foundation versus building castles; Growing strong roots versus growing new offshoots.
When the MBA student is in the final phase of education (or for that matter, ANY student), there is dilemma:
- Focus on getting your foundation right OR
- Focus on building castles in the air - future plans / dreams / ambitions / plans.
Both are important! It is important to dream about your future. But it is also important to have strong fundamentals. You must have noticed that I have begun to use the word "fundamentals" quite a bit lately ;) That's because business fundamentals are extremely important. People tend to look for magical solutions to cure all problems. However, all the solutions lie in the fundamentals!
So here I am, struggling between getting my present right versus getting my future right! Hopefully, it shall all be ok.
As goes the famous saying - something like:
"Make sure that you face in the right direction and keep going - you will eventually get there".- Gerry Som.
www.gerry.in
Davos 2012, World Economic Forum in Switzerland ---> Fear of Global Contagion Dominates
From the link: http://www.huffingtonpost.com/peter-s-goodman/world-economic-forum-global-financial-crisis-davos_b_1239074.html?ir=Canada&ref=canada
- Powerful businessmen of the world talked about the perilous state of the global economy and the future of capitalism
- The participants arrived amid elevated unemployment in many economies, worries about government budget deficits, and fears that contagion from a financial crisis in Europe could infect the rest of the world. They went home with all of these worries intact, and perhaps reinforced.
- The world leaders are divided on a many issues like trade imbalances, currency valuations, threats posed by Iran & North Korea and climate change.
- There is fear that Greece may yet default on its government debts.
- That can lead to a CHAIN REACTION as follows:
- Such an outcome could spook investors into pulling funds out of larger economies such as Italy and Spain.
- This could cause these countries to default too.
- This could eventually trigger the loss of confidence in / breakup of the Eurozone
- And the end of its shared currency - the Euro
- This could produce panic in the world financial markets
- Similar to that seen after the investment banking giant Lehman Brothers collapsed
- Global share markets could be thrown in turmoil, causing huge losses.
- The general consensus is that 2012 and perhaps 2013 shall not be that great for the world Economy. Even the emerging markets are losing steam and their GDP growth rate is declining compared to previous years.
- Hong Kong leader Donald Tsang said : "I've never been as scared as now about the world, what is happening in Europe," he said.
- Hong Kong faces little direct exposure to potential defaults on European government bonds, Tsang added, but the global financial system is now so interconnected that (NO COUNTRY IS SAFE) this confers no protection. He wondered aloud about the health of financial institutions and the potential for trouble rippling out from the eurozone. "We do not know how deep this hole will be when the whole thing implodes on us," he said. "Nobody is immune." He urged European leaders to demonstrate a sense of responsibility as global citizens, accusing them of putting the world's economy at risk. "In Europe now, you need decisive action, you need overkill. You need to inspire confidence. That confidence must come in the decisive action of government, working together. And do it quickly."
- But there is a sense that Europe is politically incapable of acting in unison. Though the Eurozone shares a common currency, it is comprised of 17 different countries with often-sharp differences over policy -- not to mention history, tradition, culture and language.
- "The Eurozone is going to be in recession this year (2012)," said Robert Shiller, the Yale economist who warned of both the technology and housing bubbles in the United States. "The U.S. may not. The world may not. It's not going to be a great year, though."
- A weak Europe translates into fewer orders for goods from developing countries. As European banks seek to bolster their balance sheets, they are pulling funds out of developing economies and bringing them home -- a trend that could prevent even healthy firms in fast-growing markets from getting their hands on cash needed to expand and hire, further crimping growth.
"You're going to see a credit contraction as the banks pull back," World Bank President Robert Zoellick warned. - All of which means that as the masters of finance and heads of government filter out of this ski resort in the Swiss Alps, the anxiety gnawing at the global economy continues unchecked. The damage could run beyond an economic slowdown, further undermining public faith in the institutions that now govern modern life.
For decades, as crises have assailed developing countries from Indonesia to Argentina, the powers-that-be in the United States and Europe have counseled orthodox advice: Get your fiscal house in order; live within your means; act decisively and resolutely. Yet now that crisis is hitting the wealthy world, leaders are avoiding the hardest decisions and hoping to muddle through -- all while exporting their afflictions to multiple shores.
"This has got to have effects on influence, perceptions of power in the world that are going to be quite significant for years to come," Zoellick said. "Whatever we see come out over the course of this year and the next year, the world is never going to go back to the way it was."
(P.S: This content is from Huffington Post. This is not written by me. Please do not jail me under SOPA :).
Cheers!
Gerry.
Jan 2012 ---> 7500+ views (blog hits per last 30 days).
Jan 2012---> More than 7500 page views.
Over all ---> Almost 24,000 page views.
The momentum, however, seems to be cooling off a bit...
But I shall continue to blog for gaining & sharing knowledge, not for views / hits.
- Gerry.
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