16 Mistakes of a NORMAL MBA or any POST GRADUATE STUDENT
January
27, 16
16
Mistakes of a NORMAL MBA or
any POST GRADUATE STUDENT
Greetings
from Hitesh! I am happy with the responses to my last post on INSTANT RESTULS
in DREAM world. All are eager to know about the technology to go into BEING.
They all want to go to BEING – so they can get to their goals instantly. In a
way, they want to use BEING as DOING!! Mind is very cleaver. It will focus on
only those areas where it wants to. Anyhow, I am sharing my thoughts for the
GENUINE readers. Just take advantage of the same.
What is MISTAKE?
Mistake
means wrong or misguided judgment as per
the dictionary meaning. E.g. when market was down – you did not invest. Now
market came up and you think you should have invested at lower levels. / When
market was at high levels – you should have sold, but you did not and when it
came down – you realize you should have sold!! This is most normal understanding.
Two
aspects define mistakes – doing things, you should not have done and not doing
things, you should have done. Now, take one step further – doing or not doing
particular thing in our life is dominated by our beliefs. Religious / social /
traditions / education and economic background / Moral and Ethical Values we
follow play their role in creating our belief system.
We
judge good or bad based on above parameters only. Normal persons consider
behaviors not in congruence with the above as MISTAKES.
So,
mistakes are not judged per se as mistakes. They are DERRIVATIVE in nature. You
decide based on your beliefs.
Now, let us see
MISTAKES of an MBA:-
To
become an MBA it takes 17 years of Education in India (10+2+3+2). You need to
study and pass 16 years to get into 17th years and pass the same
before you get your DEGREE, am I right?
Now,
if I say the first 16 years of your education is your mistake – you would not
AGREE with me. Am I right?
Your
arguments would be – you see MBA as a destination and for that you have to
study for 17 years in total. You are ready for that from the day one. You study
for all the 17 years. You may get 60% in first standard to 16th
Standard / you may fail in between / you may top the SSC or HSC or GRADUATION
CLASS, all are part of the process to your destination of an MBA, till you
finish that course, am I right?
You
will spend lakhs of rupee on school and tuition fees / on books / on donation
and other things before you enter into FINAL MBA CLASS. Am I right?
Though
you expect to get a better job after your MBA, you are fully aware that you may
not get the kind of job you may desire / not the kind of salary you may desire
but your LOGIC is simple – if I have an MBA – some day or the other I will find
my DESIRED JOB. In fact, a girl’s father would also be happy to give you his
daughter in marriage – just because you are an MBA!! He is also sure that you
will not keep his daughter HUNGRY.
Why you STRUGGLE for
17 years?
There
is no need for it. There are better and faster way to gain the same kind of
knowledge than your typical MBA. But most guys would die to get into IIMs or
HARWARD. Why?
They
BELIEVE that it is GOOD / it has a VALUE / it will be USEFUL in future / All
are also doing the same.
What happens when an
MBA comes to INVESTMETN World?
He
is not ready to spend money and time to learn the investments. He is not ready
to wait even for 3 years. He wants everything instant. He believes that this is
left hand’s play and you can do it if you have just right contacts!!
What about PARENTS of
an MBA guy?
They
spend millions on their son. They feel happy when they see their son become an
MBA. They are 100% okay (most parents), if their sons do not repay them in
their old age. They are spending money on their kids because they believe that
it is their DUTY to educate and settle their kids!! Their parents have done for
them and they are doing for their KIDS.
What are the points I
am driving at?
1.
You
are your belief. You judge – Good or Bad based on your beliefs.
2.
If
your belief supports – you are ready to invest for 17 years or more for your
KIDs without any GAURANTEE or ASSURANCE.
3.
As
a parent you are just happy seeing your child growing up and making him
educated. You feel proud when you see your child becomes somebody.
4.
You
are 100% okay with variations in your results every year – as long as you are
on your path to become an MBA.
5. When it comes to
investments – you are not ready to follow above given simple way! You talk
about guarantee / time limits / beating the market / saving on tuition fees and
things like that.
What do we suggest?
You
just have to create new beliefs about Investments. Once you CREATE new beliefs
– you need to be with the like-minded people so as to make it more solid and
long lasting. Once you do above – adopt some new kid (invest in some good
companies) and go on investing in it for a long term. Don’t worry for yearly
variations in its value and you will find that one fine day – it has made you
billionaire.
In
your MBA case also – say your son gets a fist salary of Rs.1 Cr and you recover
all his study expenses in one year!! 17 years expenses in 1 year!!
This
is the MAGIC of investments. You need belief in PATIENCE!!
What about MISTAKES?
Life
is a FLOW like RIVER. You just have to flow – you may fall into deep valley /
you may have big stones as hurdles / you may get plane surface – all you have
to do is to go on flowing till you reach to the SEA!!
According
to me – there are no MISTAKES. It’s just BEING. We make it complicated by
seeing the FLOW in PARTS rather than in totality. The way you see an MBA in
totality – see investment in totality without any judgments and I assure you –
you will never make mistakes!!
If
you wish you can take a TRIAL of 3 months or join us for 3 years and see
yourself.
Wish
you all a VERY HAPPY INVESTING.
Follow me on Twitter @hiteshmparikh or
on WhatsApp - +91-9869425399 or www.hiteshmparikh.com
Live With Passion…Invest With Passion.
Hitesh Parikh.
www.hiteshmparikh.com
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