Gaurang's Thoughts

About Jagriti Yatra

Thoughts for entrepreneurs

By no means I am a successful entrepreneur and certainly it will take 3-5 years more to become a successful one. But there were learnings from past initiatives which I have compiled and I wanted to share.

Follow are they: 

 

Secret of building confidence - Start meeting people.

Start meeting people.

  • Meet everyone and learn from them. Partner with them if possible but just keep meeting and learning from them. There will be some embarrassing moments but that's okay. If the idea clicks, you become successful, your confidence will grow and that will empower you.
  • Secret of building super confidence is in meeting people.
  • Confidence might get shaken in between the way but it will soar when you will continue meeting more people.

Don’t miss any chance of meeting people. NETWORK!

 

Things to keep in mind while investing

Humility, especially intellectual.

Being humble in investing isn’t about doubting yourself or believing that you are unworthy or unintelligent but it is about being humble about our intellect, it is about asking yourself if what we know or what we are doing is correct. Also are we adjusting our beliefs according to the new information being received. It is being intellectually humble.

Philip Tetlock wrote in Superforecasting that the true humility in investing is about recognizing that reality is profoundly complex, that seeing things clearly is a constant struggle when it can be done at all, and that human judgment must therefore be riddled with mistakes.

Very few investors have the nerve to say “ I don’t know” But that’s how you build humility in your investment process. If you start with “ I don’t lknow” then you are unlikely to act so boldly as to get into trouble. 

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