This is a business or technology blog, but if people will ask me now what is my most important business at hand, I would say that it is to teach your children well. The same way I answered before that the most important job of a CEO is not to grow the company, I guess I am more cognizant of long term thinking than when I started.

If many of us profess that we are engaging in business that we will ultimately hand over to our children, or that we are doing all these for the sake of our children, it is wise that this early, you make sure that your kids are equipped to handle life and the business when the time comes. Time should be devoted, and resources and planning Read the rest of this entry »

Here’s an excellent piece on how to make money and lots of it. The technique? Reverse what everybody is doing. If this is what everybody does:

1. Somebody launches something
2. He tries to make money
3. Then he tries to make it valuable and useful

The author says if you do 3 first instead of 2, and 2 will come. Try to be passionate about something, and be really good at it. That’s all there is to it.

It is the same piece I wrote a few months back – the CEO should not concentrate to grow the company. He should just instead focus on making it healthy - because when it is healthy, it will grow.