Om Namah Shivaya

Om Namah Shivaya

I'll be grateful if you...

Showing posts with label Satya Narayan Bansal. Show all posts
Showing posts with label Satya Narayan Bansal. Show all posts

Dec 3, 2013

30th Edition of Shadow Dancing With Mind - A Great Year for Blogging

WELCOME TO THE 30TH EDITION OF SHADOW DANCING WITH MIND

This is probably going to be the last Edition of Shadow Dancing with Mind of the year
2013. Its been a wonderful blogging journey… won the award for TOP INDIAN BLOGGER hit another milestone of 300K hits at my blog… got an offer to write a book about blogging to be distributed across India through Landmark Book stores… feels good but personally I have learned a lot… blogging made me a better person, I guess as it lead me to introspect every now and then about things that I was doing at the time and working towards the things still stuck in future. But yes its been a great journey Friends and thank you all for being with me sharing my joy, reading my thoughts and Haiku … hope my blogposts have helped you some how as it always does for me…

SO HERE IS ANOTHER EDITION FOR YOU TO READ AND LET ME KNOW IF YOU LIKE IT… CHEERS!!!

After many years, I started reading Tao Te Ching (the translation by R B Blakney) again and
realize again that the real great books always gives deeper insight, every time you read it. The book “Tao Te Ching” by Lao Tzu is the most translated book in the world after Bible and reading these books, actually can transport one to the ancient times and align with the thought processes that started thousands of years back and still survive the test of living mankind’s journey across time. To understand the early history of human lives and its meaning, the old books are far better than the archeological remains. Just like the Veda’s for Hindus, perhaps to know more about those ancient civilization, books like “Tao Te Ching” gives a better perspective and insight.


Why 85% of the 3rd generation of Successful Family Businesses, are not able to hold on to their lead in wealth creation and in some cases completely fade out? Why the Goddess of wealth, Lakshmi is not a permanent occupant of most of the Family Business establishments?


NEWS: SPIRITUAL HAIKU CONTEST 2013 WINNERS - Sponsored by Paras Dharma Ashram
...for winning All Expense Paid Spiritual Retreat in Rishikesh (Himalaya) in Spiritual Haiku Contest 2013  Click here to know more about it...



STILL LIFE:
Recently one of my friends asked me, which temple I visit to meditate and practice sadhana and I said, "You don't need a temple, just sit down any where on the banks of Holy River Ganges, you will find peace". And I believe it so... as many of the Rishi, Saints and Sadhu's have been doing Tapasya in and around this place for thousands of years and the Ganges has been the source of their energy...


It was a real pleasure to meet interesting people in my meeting with Chennai Bloggers Club members and tried to capture some of those moments... Here it is ... I hope you will enjoy it...




This section is about sharing thoughts and some of the Haiku that have had me thinking… hope you will like it…


Hope you will enjoy this edition... look forward to your comments and visit to the next Edition... please click on the “Join this Site” button on the right hand side top corner to follow my posts on this blog... I will be grateful.
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Shashi
नमः शिवाय
Om Namah Shivaya
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29th Edition

Oct 7, 2013

UP, CLOSE & PERSONAL : How To Make Wealth Stay - Satya Bansal CEO of Barclays Wealth Mgt Group

Satya Narayan Bansal
WHY WEALTH MOVES AWAY...?
Why 85% of the 3rd generation of Successful Family Businesses, are not able to hold on to their lead in wealth creation and in some cases completely fade out? Why the Goddess of wealth, Lakshmi is not a permanent occupant of most of the Family Business establishments? 

These were the questions, beautifully raised and answered by one of the most interesting speakers on wealth creation - Mr. Satya Narayan Bansal. CEO, Barclays Wealth and Investment Management. He was speaking in an event "Adding Value" organised by MCircle, SIRCCI and Samanvay, along with two other great speakes, Dr. Rekha Shetty, Author and Founder of Mindpower and Mr. Mohan Raman, Cine Actor and Management Trainer.
Ravhee Laddha of MCIRCLE

Mr. Ravhee Laddha from MCircle, set the ball rolling of a great session, with thoughts from Scriptures and each speaker in their own interesting style made every one in the audience reflect and think deeply about the ways to sustain business success over generations. The session of Dr. Rekha Shetty created a stir among the audience with her practical approach towards Mind Power. She practically got every one focusing on the amazing nature of perception through physical touch and feel of actual Apple and Ice Cubes, distributed among the audience. Mr. Mohan Raman, as usual made his charismatic presence felt, through his talk on learning lessons from movies, with an interesting collection of actual clips.
Mr. bansal, Mr. Mohan Ram and Dr. Rekha Shetty

Now coming back to the question of Creating and Sustaining wealth... Here is what Mr. Bansal has to say...
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Lakshmi (Goddess of Wealth) has 8 facets and she is also known as Chanchala (Restless), such is her this nature that She moves away even within generation… so how to over come this attribute of Lakshmi and make Her Stable?

Ground Rules
1) Custodian of money rather than the owner of wealth
2) Don’t be carrier of wealth but also the creator – One must play the role of Brahma (The God of Creation here)
Ashta Lakshmi IMG Curtsy ExoticIndiaArt
3) Avoid making money without earning. The biggest mistake any business can do to make money without earning it. The rampant corruption in our society is a great example for the same and the end result is not always good.
4) Wealth will only stay if we keep purifying it. 

The reason we, in our various rituals and prayers write Shubh Labha (Auspicious, Pure profit) instead of other way around next to Lord Ganesha is that the money one makes has to be earned by hard work and labor instead of some other means. The thing is that if you are not making the money right way, if will not stay. It will not last long.

Please realize that the biggest wealth that all the businesses have is not in the list of the creditors, the deposits in the banks or even in the assets that we have accumulated but only in the Business that we are creating and in the next generation that we are grooming – The children.

Why do we have to create wealth?
Well for a person to sustain a life style, or social status and good living a certain amount is necessary but beyond that quantified amount, we create wealth for social recognition. To answer the eternal question Who I am? Business is a way of creating social identity as most of us are social animals.

Mr. Bansal's style of speaking was very interesting as he
paced the stage with his IPad...
Apart from all this, creating great businesses is biggest philanthropy of our times.

How To make business more sustainable and powerful?
To actually create a successful business, one needs the right ingredients. All successful business communities like Jews, Marwari’s, Sindhi’s etc have few things in common…
    A)  They were displaced and kind of forced to migrate for various reasons like war, lack of sustainable livelihood in the region as well as geo-political reasons etc.
     B) They were in state of deprivation.

And these situations and tribulations bring out the best of survival instinct in human beings.  Though to create great businesses, you don’t need those actual situations but the motivation based on basic emotions such as survival instinct, remains and its a great catalyst. The 2nd generation of family businesses, know a little of this part of the business as they have seen their parents going through the hard phase of creating businesses from ground zero, whereas the 3rd generation loose that reality of wealth creation and take things for granted.

Audience along with Mr. Bansal having a great time
listening to other speakers...
When it comes to creating wealth, what really matter is …
1)  Passion of the individual
2) Getting execution right. The choice between better strategy along with good execution and Good Strategy along with Better Execution, the latter is always the right choice.

Most of our education system is imparted in form of knowledge which is good to have but it lacks in the practical knowledge of execution. When we think of creating wealth, it’s the experience of creation with strong focus on implementation will be the most important ingredient and a good strategy will come out of it.
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Shashi
नमः शिवाय
Om Namah Shivaya
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Sanjay Pinto, Please Address The Nation...
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