Twitter user @itsbhavuk recently discovered that I successfully transitioned my career several times.
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IAS Topper turned Microsoft Product Builder turned Entrepreneur, Founder, Cloud Genius®
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559 tuned in live on my first Twitter space. 😱
— LV Nilesh (IAS हवा AIR-3) 1990 (@LVNilesh) May 17, 2023
Folks still listening 🎧 to my nonsense.
I will put this recording on my Spotify.
Enjoy everybody! https://t.co/nx6GTcYqtw
AI-Generated Transcript of the Twitter Space Recording
WEBVTT
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We will leave the
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Today's
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Hello, guys. You are welcome to ask for a speaker if you want to speak. This is a Q&A
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and I'll begin shortly, like in three minutes from now. We started a little bit early to
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give enough time for people to join in. I'm going to request Akshay to help me co-host
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this. So I'm going to invite Akshay now as a co-host. Akshay KTWT. Okay, that's the name.
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So invite Akshay K. Invited as a co-host. Let us see who else is here. I hope you can
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hear me. If you cannot hear me, just let me know. I think you can hear me. Who else? So
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okay, good. Priya says she can hear me. Nice. If I am sounding too faint, tell me to speak
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up. This is my first Twitter space. I just tested one like a few minutes ago.
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Okay, great. Great. Everything is great.
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Okay, clean sound. That's good. Good to know. Sound sometimes, you know, especially in a
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global network like this can be challenging sometimes. You know, Elon runs a million people
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of Twitter space and sometimes he has problems. Because technology, right? When you need something,
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it will not work. What's the law that goes by this essence? Like when you want something
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to work, it doesn't work. What is that law? There's a law behind it. Do you know? Does
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anyone know? When you want something, it will not work exactly the way you want. So like
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if you take a piece of bread and you put butter on top and you accidentally drop it, which
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side will fall on the ground? Is it the butter side or the non-buttery side? That's the question.
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You know the answer is the buttery side will go to the ground. And that's a fact.
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Yes, exactly. Because of weight. Yes, maybe not. But the real answer to my
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question was what is the law behind it? What is the name of that law? It's called Murphy's
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law. Murphy. M-U-R-P-H-Y. You can search for it. Murphy's law. It's almost like a meme,
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but it's very real. That's how it works. So when Bill Gates goes and demonstrates Windows
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something something XP, I think on the stage with millions of people watching. And what
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happens is the very first thing. You know what happened? Do you? Anybody? You can tweet
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out and put this thing called Nest. So there is a thing called Nest in here somewhere.
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I've seen it. The thing that happened with Bill Gates when he was presenting Windows
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XP was blue screen of death. I'm sure you must have seen those videos on somewhere.
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So it is nine o'clock. I mean, nine o'clock for my time. Your time is probably different.
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But we need to start. So let me introduce myself. My name is Nilesh and I'm doing this
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Twitter space first time. Any space. I'm running it first time. The question somebody
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asked the other day was. How do we think about retirement? You know, what is retirement?
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What does it mean to you? What does it mean to me? Everybody has a different definition.
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And so I think we should begin discussing this with a simple idea about defining what
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requirement is. And I'll do that with a story. A story that goes like this. And by the way,
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I should like set some, you know, some, some concepts here, which is, you know, if you
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want to ask a question, you know, come up on stage and ask. I think our, you know, friendly
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co-hosts we have here, Akshay. He'll let you in. And Akshay will, you know, honor you
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in terms of, you know, if you have one, raise your hand and ask a question, you know, he'll
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keep track of who's asking the question first. And he'll let him speak. And you can interrupt
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me anytime you feel like, you know, there is no issue. I never prepare my speech or
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my talks. And I just talk without any written material. I speak straight what I am thinking
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about and I just talk. That's how I work. So what I was telling you about is defining
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what retirement is. So let's begin with that by telling you a story, a story that is actually
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probably real because I have seen similar stories in real life. The story is from a
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fisherman lives in Mexico on the beach. He has a small hut and he gets up in the morning,
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goes out fishing, catches some fish, brings home and gives it to his wife. His wife cooks
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it and they eat lunch. And then this fisherman sleeps, takes an afternoon nap, siesta. He
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gets up in the evening, you know, he goes out, you know, party with his friends, come
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back home, you know, enjoy time with family, sleeps. Gets up in the morning, does the same
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thing. So one person comes in and says, you know what, you're a poor man. You live in
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the small hut, you catch fish and you bring home fish and then you sleep every day in
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the afternoon and then you're not doing much. You should do something more. So he says like,
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like what, what should I do? And so then, then the gentleman who was like from, from
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the U S they're called gringos, by the way, the gringos means people from America who
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go to Mexico, like white people go to Mexico, they're called gringos. So this gringo, which
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is basically an American going to Mexico, telling the Mexican, Hey, you should do something
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better in your life. So that Mexican says like what? And she says, you know, maybe you
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should buy a bigger boat and go fishing and you know, catch bigger fish and more fish
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and bring that home. And then, and then what, what should I do with it? Oh, you should sell
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it in the market to make, to do what? To make more money so you can get more money. And
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then, then what? Then you, you invest that money into buying bigger boats and even bigger
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boats and maybe a fish trawler and a giant machine equipment with you to catch tons and
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tons of fish out there in the ocean, bring it all home, put it on some marketplace, make
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tons and tons of millions of dollars. And so he says, then what? Well, then you can
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enjoy on, on the beach, like sit in the sun afternoon, you know, and enjoy, see a star,
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you know, have, have dinner, whatever you want, do whatever you like. So he says, I
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already do all of that. What do you mean? I already enjoy my life. I already doing it.
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I already live what I want. And that's the story behind what I think is how we should
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think about retirement. Retirement is purely a personal thing. Like it has something to
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do with what you have in mind about you. So that was just a story part. By the way, these
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stories are real. I have seen them in India. I've seen them in the U S I've seen them in
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multiple other places that have been, and it is really what you do with yourself. It
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is about you. It has nothing to do with anybody else. So no comparisons needed that you don't
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have to compare with what other people do. You know, in, I'll speak something in Hindi
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so that people will understand. You know, some people have different contexts. I'll
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translate that into English also, but translating that into him in English, you don't worry
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about what other people are doing. Don't chase them because it is about you is what you should
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chase. What you should go after is actually what I call 10 year older me. So Nilesh plus
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10, that's what I chase. And I go after that. And I know I will never catch up, never ever
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catch up because that's what I'm heading because whenever, when I reach 10 years older than
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what I'm currently at that then Nilesh plus 10 is I had 10, 10 years again ahead of me.
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I will never get there. I know I will never get there, but that's what I'm chasing. I'm
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not chasing Vijay. I'm not chasing Akshay. I'm not chasing anybody else. I don't care.
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Like absolutely do not care. I know I have friends who are doing better than me. Some
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of them unfortunately are not doing as better. And I think I should, so Akshay please add
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Bhavuk as cohost if you can, otherwise I will add him. So hold on. If you can do it, otherwise
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I'll do it in five minutes. So Bhavuk just showed up. So add him as a cohost please.
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So what I was talking about is this comparison thing. This retirement idea is about people
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tend to compare. How am I doing? This person got a million dollars. I did not. Why? What
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am I doing wrong? Why does my life suck? No, it doesn't suck. You're comparing it with
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the wrong thing. Taking back to simple high school, college level, he scored more marks,
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more graduation, whatever you call them, grades. He scored a 4.0, 10.0 and I did not. This
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is dumb nonsense. Don't do that. Don't even study for the exam, for the sake of the exam,
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because that's the wrong thing to do. Study for what you like. And exams are like, okay,
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a hurdle that you pass, but that's not the goal. The goal is you want to do something
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that you want and you will do it. And for that you have to study, you will study. For
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that you have to maybe dig a hole, you dig a hole or do whatever else needed to make
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things happen. That's what you should focus on for yourself, for the future you and your
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family and your friends. And then slowly expand the influence that you have on what you want
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to accomplish in life, ignoring everything else on the planet. I think that's how the
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framework of thinking about what retirement is or should be, is how I believe. Now having
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said that, I think I would like to keep this interactive, which is, I don't want to give
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you a boring talk and I talk, by the way, I talk for eight to 10 hours at a stretch.
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No problems. I've done that many times. I do it routinely by the way. I keep talking
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on any topic you bring up and I'll give you a sermon, a speech, a lecture without making
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you fall asleep. That is my goal. I do that for a profession. That's what I've been doing
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for 15 years. So I don't want to do that to you, by the way. So I'll keep it interactive.
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What does that mean? I'll let you ask questions and I'll keep it interactive. The title of
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this talk is basically Q&A with Nilesh. So keep those coming because that will drive
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my communication with you. I don't want it to be one-to-many communication. I want it
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to be many-to-many communication. If we have experts here, people better than me, and I
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invite them on stage and just bring your questions, even if you don't think you're better than
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me because comparison is bad and I just compared, I'm sorry. I should not compare myself or
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anybody, but please bring your questions and we'll keep it interactive. So open the floor,
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let people come in, ask questions, raise your hand and go ahead. And you can just open your
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microphone and interrupt me. No problems. So go ahead. In fact, yeah, go ahead. Shoot
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your question. Akshay, I see your hand. Yeah. Thank you. Thank you, Nilesh. It's my pleasure
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to hear the view. So my question is that as we, many of us know about your starting journey,
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that you have been an IAS officer and so, but yeah, we read your LinkedIn profile also,
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but many of us doesn't know like how you feel and how like in your thinking or thoughts
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experience. So would you like to share that experience, how you started and how you, during
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that IAS journey and after that you changed and you came in the tech sector? Okay. So
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I'll tell you in 1988, I graduated my bachelor's degree and I wrote the GATE exam. I used to
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live in a state called Madhya Pradesh, which is, I call it the backwaters of India, jungle
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area. Like it's like basically sorry. I know I'm from there. So they don't know, they don't
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know any better. So I wanted to explore. I wanted to explore what else is out there.
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So I chose to write this exam called GATE and in that GATE exam I scored like 99.97 percentile.
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And you know what? I was heavily disappointed, like absolutely disaster. Why 99.97? What
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happened to 99.99? And I was idiot, a dumb person who doesn't know, who didn't know.
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I didn't know what percentile is at that time. And then I studied and then I figured out
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and then I laughed at myself because mathematically it was impossible to score anything more than
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that 99.97. There are not many number of people who participated in the exam. So the percentile
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score could not have been any better. That was what I found out later after the fact.
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So I did that GATE and then I chose, okay, where should I go? Because I could now go
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anywhere I want. So I chose IASC Bangalore, computer science. I studied there for one
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and a half years. And there I got a job in Citibank in New York, as a direct placement
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here in New York and a couple of the jobs in Bangalore and other places. And I was almost
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about to join that Citibank thing. And then somebody said, Nilesh, you are very smart.
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Show me your exam. Show me your IUPSE exam. I'll translate that into English. You think
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you're smart? Try this exam, this stupid nonsense exam, whatever that thing is called, UPSC
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something. And so I said, bring it on. And I took the exam. And not only that, I took
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a bunch of other exams like IES exam. I don't even remember the names, but a bunch of other
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competitive exams. I took all of them and scored second in India, third in India, random
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scores like that. And then what happens? These press reporters show up at your home. They
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take pictures and put you on the Times of India front page. And your head goes to the
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highest mountain, maybe to the clouds. Like I was doing clouds at that time. There was
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no cloud computing at that time. But they elevated me. So when they put you on a pedestal,
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your head gets corrupted, like absolute corrupted head, because you don't think rationally anymore.
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Because people are elevating you on a high pedestal. So you basically are intoxicated,
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drunk, and you cannot think rationally. And that's what happened to me. And I joined the
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IAS, the exam, I passed the exam. So I showed up at the academy and I enjoyed. By the way,
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I should say that I absolutely thoroughly enjoyed my 10 years with them. But what happens
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in the process is that you gain a lot of experience of dealing with real life, real people, who
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are real poor people in India, and real corrupt people in India, real politicians in India.
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I got to deal with that. And I found out what that thing is, a couple of lessons that I
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learned at the age of 25, after like two or three years, two years in the service. I was
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in the district called Bhandara in Maharashtra. And that's where I learned a lesson. The lesson
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was a self realization that people don't respect you. People respect the chair you sit on.
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You should try to improve yourself that people will go after you as a person, not for the
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chair you sit on, not for the position you sit on. And that's when I realized that I
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am doing something wrong. It is simply because when I drive, sorry, my chauffeur, my driver
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will drive me, people will salute the car that I'm in. Not because they want to salute
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me, but because they are saluting the car. They're saluting my chair, not me. I would
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like to have the importance in me. It should originate from me from within, not from the
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position I hold. And that is when I realized that I'm doing something wrong. But I took
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some time to realize that. I actually worked through eight and eight or nine years until
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I read Mantralay, which is Secretariat in Bombay. Mantralay is in the cap, the capital
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of the state. And I reached the position of energy department secretary and negotiated
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with the Enron company in Thabo about project and all that you may have heard of. And then
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I found out that this is something that I am not actually enjoying anymore because comparison.
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I tend to compare myself with other people in the Tata administrative service with the
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attorneys coming from London to interact with me, negotiate with me about Enron project.
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And my salary in India at that time was 8,000 rupees, which is like less than $50 or something,
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maybe $70 or something like that. So pretty darn low salary, but don't worry. I have a
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home assigned to me and a driver and a car and furniture and everything given to me by
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the government. Salary was low and that's okay. I used to live. I used to live. Goodbye.
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But living on the 34th floor in Nariman point overlooking the ocean in Bombay, beautiful
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spot. You may have seen it. I look down and I see that there is a swimming pool down there.
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My son at that time was like four, four years old. He used to also say, you know what, dad,
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I want to go to the swimming pool. So I said, okay, let's go. And I go to that door entrance
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and there is a membership fee. It was not a government thing. It was a private swimming
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pool or some community there, some club there. And at the door they asked me to, are you
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a member? I said, no. What's the membership fee? 35,000 rupees. My salary was 8,000 rupees.
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And that's where I struck something that I am doing something wrong, not just to me,
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but to my family. I need to find something else. So what, what did I do? I looked up
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times of India at the advertisements for all the job postings and I applied to 50 different
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places. 50. How many responses did I get? Zero. Except one company wrote me a letter
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saying you are overqualified. And I said, no, this is fundamentally wrong, something
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wrong. And then I figured out that the real value an IS officer brings to the table is
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nuisance value. People don't want to associate with them because in the high ranking government
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officer, you don't know who he knows, what he can do or things of that nature. So you
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want to avoid them. Why bring on trouble into our company? Because we don't know what we
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don't know. That's the challenge. So people avoid such things like such, such associations
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with high ranking government officials. So now what? How will I do something different?
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And then I ran into this guy called Sam Pithroda. You may have heard of him. He led the revolution
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of Indian telecom, starting what is called, what used to be, I don't know if you guys
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know this thing, but there's a thing called PCOs, STD PCO, public call office, phone booth
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where you pay some rupees and you can make a call, phone call. That used to be a thing.
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It doesn't exist anymore. There is no such thing. Those PCOs were created by Rajiv Gandhi
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and this guy, Sam Pithroda. And so they started, they wanted to have that in the state of Maharashtra.
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So this Pithroda guy comes in to meet the chief minister in Bombay and he's a technical
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person. And so all these officers struggled to find a person who can talk to Sam Pithroda
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and they found me and said, you know what, you should go and meet with him. I said, fine.
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So I show up and I was in the car with Sam and we were driving to the chief minister's
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office in somewhere. I don't remember where it is now, but on the way I'm just casually
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chatting with him. And he asked me, Hey, what do you do? And I said, this and that, what
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did you study? And I told him. And so then he says, weren't you stupid to join the IAS?
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And I said, you know what, whatever I did up till now was exactly what I wanted, but
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in hindsight, maybe I would have done something different. Hindsight is always good. You know,
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it's 2020. You already know about what you have done, but you don't know what's going
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to be in the future. So then he says, you know what, I have an idea. Why don't you study?
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I have a friend from university of Michigan who's visiting us here in Nariman point. He's
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living at the Oberoi, staying at the Oberoi hotel. Would you like to meet him? I said,
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who's that guy? And so he says, he's professor Prahalad. CK Prahalad is a well known professor.
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He unfortunately died seven years ago. So the CK Prahalad is well known for his book
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and famous works on consulting on, and the word he coined was, you know, core competence
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of a corporation. The word core competence was coined by him. He was a business school
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professor at university of Michigan. So he was there and I had breakfast with him and
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he says, you know what, why don't you come and join my class? And I told him, I already
23:38.920 --> 23:45.120
have two degrees. Are you kidding me? You want me to study again? And he says, yes,
23:45.120 --> 23:51.120
I want you to go back home and come meet me tomorrow and think overnight as to what you
23:51.120 --> 23:57.720
should be doing. So I came back home. I called my parents. What do you think? My parents
23:57.720 --> 24:03.680
said, you know what, you don't like this job. You quit because we know you can find something
24:03.680 --> 24:10.200
else. So you do whatever you like. And it is very strange for any Indian parent to tell
24:10.200 --> 24:16.040
their IAS officer child to quit. I never heard of such a thing. Nobody believes me when I
24:16.040 --> 24:21.960
say that. But my parents said, go ahead, do what you want. And so I came back, talked
24:21.960 --> 24:29.400
to my wife and told her and she says, yes, let's do it. And I went back next morning,
24:29.400 --> 24:38.360
met the professor again and said, I will apply. And I wrote GMAT, wrote my essays and I applied
24:38.360 --> 24:46.560
to University of Michigan and I did not get selected. Yes, I did not get admission because
24:46.560 --> 24:52.480
they could not relate to what I was trying. Then I had to apply for an exception to get
24:52.480 --> 24:58.800
an interview with the admissions office at the university to go in person and tell them
24:58.800 --> 25:04.600
what I want to do. So they said, yes, you can come for an interview. Then I flew in
25:04.600 --> 25:12.640
from India just to interview with University of Michigan Ann Arbor admissions office, MBA
25:12.640 --> 25:18.680
office. The visa office was confused. I said, why do you want to go for an interview for
25:18.680 --> 25:25.160
an MBA? Nobody goes like that. And I said, you know what, here is a letter. I did not
25:25.160 --> 25:32.520
get selected. I want to go meet them and I will come back. And they granted me a visa.
25:32.520 --> 25:37.840
I took the longest possible flight with like four or five hops, A to B to C to D, something
25:37.840 --> 25:45.280
like multiple hops to find the cheapest possible ticket. And I reach Ann Arbor at the door
25:45.280 --> 25:50.920
at the entrance of the school. This lady comes up and says, Mr. Loon, are you here? And I
25:50.920 --> 25:58.080
said, who? What? That's not me. Mr. Loon. That's supposed to be my last name pronunciation.
25:58.080 --> 26:03.080
And so I ignored her. But my time is coming up. And then I get up and say, you know what,
26:03.080 --> 26:07.760
I'm here and I'm here for the interview. And then say, I've been asking, looking for you.
26:07.760 --> 26:13.680
Where are you? And so then she pulls me up, brings me inside. We interact with this lady
26:13.680 --> 26:20.480
called Amy there. I still remember her. And at the end of 30 minutes, she says, congratulations.
26:20.480 --> 26:27.200
Go blue. And I had no idea what go blue means. Go blue means, you know, it's the blue color
26:27.200 --> 26:32.440
of the University of Michigan. And it means congratulations. You're, you're admitted.
26:32.440 --> 26:39.440
That's what it means. And so she gave me the admission on the spot. I came back to India,
26:39.440 --> 26:44.840
sold everything, whatever I had. I had like not, not, not many things because all of this
26:44.840 --> 26:49.360
furniture and stuff was given to me by the government. So I did not have any much, but
26:49.360 --> 26:53.840
whatever I had, I sold it off. Rest, I moved it to my parents home, packed a few suitcases,
26:53.840 --> 27:00.080
me, my wife, and my son. At that time, he was four. We took another flight, came here
27:00.080 --> 27:10.400
in August 22, 1999. And I joined the MBA school, University of Michigan. $200,000 loan was
27:10.400 --> 27:17.000
needed and nobody would give me because when you are in the U S and you don't have what
27:17.000 --> 27:23.120
is called history of credit or credit history, nobody would give you a loan at all. And then
27:23.120 --> 27:27.920
I said, you know, University of Michigan, I need money. I cannot continue the education
27:27.920 --> 27:34.280
unless somebody gives me a loan, help me out. So the financial aid office says, meet us
27:34.280 --> 27:40.880
in seven days. And I went back there after seven days and university agreed to co-sign
27:40.880 --> 27:48.680
my, my loan for $200,000 with city bank. Yes. That's the reason why I actually succeeded
27:48.680 --> 27:53.720
in getting a loan. Otherwise I would have gone back, could not succeed because money
27:53.720 --> 27:58.680
is impossible. Like 200,000 is way too much money. I rather, it was way too much money
27:58.680 --> 28:04.880
at that time. But I finally got success through University of Michigan co-signature because
28:04.880 --> 28:11.480
I don't have any credit. I did not have any credit at that time. I start my MBA. MBA is
28:11.480 --> 28:15.560
a two year program. It has like four months summer internship in between summer opportunity
28:15.560 --> 28:21.880
in between. I made it six months in between by taking out two extra months out of college
28:21.880 --> 28:27.240
and said, I will go and work because when I try to apply to any company in the U S nobody
28:27.240 --> 28:33.680
would hire me. They absolutely zero job offers on campus in Michigan. There are like eight
28:33.680 --> 28:40.640
to eight to 900 companies come on campus to recruit. And there are only 400 students.
28:40.640 --> 28:49.600
Everybody gets a job. Absolutely everybody. I did not. Yes. I did not get a job, no job.
28:49.600 --> 28:56.240
And I have a wife and son with me still don't have a job. Then what do I do? Then I said,
28:56.240 --> 29:01.920
you know, I need to do something different. And I fly to California Bay area and I did
29:01.920 --> 29:10.080
not have a computer. Did not have a car. I had my shoes with me. I had a printer in the
29:10.080 --> 29:16.840
college where I printed my resume. I walked door to door taking a bus about 20 to 25 companies.
29:16.840 --> 29:22.480
I go in person applied meet face to face at the receptionist. These days you cannot even
29:22.480 --> 29:27.480
do that. You cannot just walk into a company say, Hey, here is my resume. I used to do
29:27.480 --> 29:32.680
that. You know, it was possible in 2000. Today you cannot do it. They just don't open you
29:32.680 --> 29:40.440
the door. So that's how I found out by interacting face to face with a company called Ariba.
29:40.440 --> 29:46.240
And I worked for them for free two months, free internship. Just like I hear in India,
29:46.240 --> 29:51.600
people are doing paid internship these days, which is they pay money to get an internship.
29:51.600 --> 29:56.840
I know that's a sad state of affairs, but yeah, unfortunately that's kind of similar
29:56.840 --> 30:03.720
to what I did, except I did not pay, but I got credit for college as against my work
30:03.720 --> 30:08.480
for two months. So they gave me some credit, not money. That was good enough. I took it
30:08.480 --> 30:14.160
and I put that on my resume and put all my 10 years of experience in the IAS as one line
30:14.160 --> 30:19.280
helping the Indian people. That's it. One line. Nobody understands what that means.
30:19.280 --> 30:25.280
And I don't even want to highlight it. And I put everything about Ariba in two paragraphs
30:25.280 --> 30:31.560
in my resume. And I found a second internship with Sun Microsystems. And yes, that's where
30:31.560 --> 30:40.080
I slept on the garage floor in the admin's garage admin for the VP at Sun. Yes. I know
30:40.080 --> 30:47.120
how to sleep in the garage on the floor. Yes. The same guy who was in India, a top ranking
30:47.120 --> 30:54.960
officer is now sleeping in the garage in California while the wife and son are in a $500 per month
30:54.960 --> 31:03.000
small, tiny school housing, university housing. They did not fly to California. I was only
31:03.000 --> 31:09.960
one alone in California alone. And this time I'm making money with Sun. I take that and
31:09.960 --> 31:15.200
get another internship with Siebel Systems. This time I make quite good money and real
31:15.200 --> 31:22.380
good money. And I take that money, finish my three internships back to back six months
31:22.380 --> 31:27.320
and write that on my resume and go back to Michigan, finish my MBA with the money that
31:27.320 --> 31:36.800
I have. I bought a used car, Nissan Maxima 1994 model, old model. It was a good car,
31:36.800 --> 31:45.720
like really good. I rode that drove that car for like so many years until I think 2012
31:45.720 --> 31:52.640
when I gave it away because that's when I bought my Tesla. It has been 10 years, probably
31:52.640 --> 31:58.120
more than 10 years. But I rode, drove that car for so long, you would not believe, but
31:58.120 --> 32:02.520
I still have pictures of that car. It is a beaten up used car that I got as a student
32:02.520 --> 32:11.160
and I drove it even at Microsoft. Does that sound strange to you? Probably, but that's
32:11.160 --> 32:18.040
how you do. You don't spend more than what you should unless you earn more. That's about
32:18.040 --> 32:23.000
retirement. So that's a common theme right there. You don't overspend. You don't show
32:23.000 --> 32:29.680
off that you are working at Microsoft. You can buy a fancy car, but you don't because
32:29.680 --> 32:35.680
you want to save. That's what I did. That's one of the secrets, by the way. That's the
32:35.680 --> 32:44.240
secret number one. Don't overspend. Don't show off. If you show off, you're basically
32:44.240 --> 32:51.660
hurting yourself. You may feel good temporarily, but you're hurting yourself. That's the concept.
32:51.660 --> 32:56.920
You need to think about that. I always tell people, everybody that there's a question
32:56.920 --> 33:02.960
here and request something. Somebody requesting what? Kavya. She's asking to speak. Hey guys,
33:02.960 --> 33:10.160
what are you doing, man? These co-hosts, where are they? Actually, sometimes it happens.
33:10.160 --> 33:15.920
Capacity is limited sometimes, so because of that. Yeah, please, please manage. I'm sorry
33:15.920 --> 33:22.440
if somebody wants to speak and unable to get accepted. I'm sorry for that. Okay, I'm managing.
33:22.440 --> 33:30.360
Thank you. Thank you. What I was talking about is don't overspend. Yes, having worked at
33:30.360 --> 33:37.560
Microsoft, I was able to create a new idea, which is called... You can see the implementation
33:37.560 --> 33:42.920
of that idea in Microsoft Teams, in Link, in Office Communicator. In other office products
33:42.920 --> 33:49.880
these days, it is called presence detection. That idea I built in 2004 in my home, and
33:49.880 --> 33:56.000
I created a prototype using Linux that I was able to talk about. I said, you know what?
33:56.000 --> 34:01.440
Bill Gates used to run demo days in Microsoft those days. Anybody can just bring a new idea
34:01.440 --> 34:04.920
to him, show it to him. I said, you know what? I have built this new idea. Why don't you
34:04.920 --> 34:13.120
come to my home? But that doesn't happen. Bill doesn't go. What did I do? I basically
34:13.120 --> 34:20.400
asked Bill that I will bring my setup to you. You see it. I showed it to him in a live physical
34:20.400 --> 34:26.880
in-person demo to him, and he liked it. He said, you know what? You should build it.
34:26.880 --> 34:32.560
And then suddenly all these big guns at Microsoft start looking at me. Who is this guy? Created
34:32.560 --> 34:40.820
something out of Linux, brings it to Microsoft. What is he up to? And then I got attention.
34:40.820 --> 34:47.640
When you get attention, you get what is called the ability to create something new, and that's
34:47.640 --> 34:54.960
how I started building something which is eventually called, you know, the unified communications
34:54.960 --> 35:00.680
line of products these days. So Teams is an example. I patented the idea. It is patented
35:00.680 --> 35:05.700
by me, assigned to Microsoft. The idea is called detection of physical presence and
35:05.700 --> 35:11.960
management of information, and you can read about that later. But that's how you get some
35:11.960 --> 35:17.240
clout in the company to create something new, to build something out of nothing. And that
35:17.240 --> 35:22.760
grows over time. So that's what I did at Microsoft. I also did a bunch of other things, you know,
35:22.760 --> 35:28.920
that you may or may not know. And so having worked that in the long process, you also
35:28.920 --> 35:36.640
want to continue to call this country where I live as your home, which means you need
35:36.640 --> 35:41.840
to get a green card. And getting a green card for Indians and people born in China is very,
35:41.840 --> 35:48.080
very difficult, like really difficult, really hard, because of country specific quota. And
35:48.080 --> 35:53.200
there are two, there are just too many Indians and too many Chinese on the planet. So on
35:53.200 --> 36:00.400
a per quota basis, it is very limited. So then I had to apply and negotiate with Microsoft
36:00.400 --> 36:05.660
for what is what I call, you know, people with exceptional abilities to get them prior
36:05.660 --> 36:12.000
faster treatment and they did the faster processing for me. Some of you in this who are listening
36:12.000 --> 36:18.280
to me actually have that special capability. You should make use of those and get fast
36:18.280 --> 36:26.560
track to your what is it called immigration, you know, green card, basically short for
36:26.560 --> 36:32.160
green card, get your green card by using your talents and asking your employer sponsors
36:32.160 --> 36:37.320
to sponsor you for faster track. This is called people with exceptional abilities. And there
36:37.320 --> 36:41.440
are a variety of things you can discuss and think, you know, read up on and make use of
36:41.440 --> 36:46.640
and apply that. And then once you get a green card, you get the ability to do whatever the
36:46.640 --> 36:54.520
F you want simply. And that's what I did. I said goodbye, Microsoft. Yeah, that's very
36:54.520 --> 37:01.840
strange again. But that is me. Because I don't listen to people. I mean, I never I even today
37:01.840 --> 37:09.680
I don't listen to anybody. I do what I like. And that's how it goes. So I quit. And then
37:09.680 --> 37:14.240
at least I now have some money, some money to live and survive for a few, few, few years
37:14.240 --> 37:20.680
maybe. So then I said, you know what, I need to do something. And I find out that there
37:20.680 --> 37:28.560
is this US military base in our area, which is called JBLM in Tacoma, south of Seattle.
37:28.560 --> 37:38.800
And there, US military lays off 10,000 soldiers every year, every year. Soldiers lay off.
37:38.800 --> 37:43.160
And the soldiers are basically high school students, grade 12, Barbie bus, take them
37:43.160 --> 37:48.920
to Afghanistan, deploy them for 10 years, bring them back home. And now these are 30
37:48.920 --> 37:58.100
year old kids with a 12 year old 12 year old brain. So high schools brain 30 years of age.
37:58.100 --> 38:04.880
And now you lay them off. What happens? They become homeless soldiers. A lot of them you
38:04.880 --> 38:12.200
see in the US homeless are actually soldiers from US military or who are laid off and cannot
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fend for themselves, cannot fetch food, cannot build a house, cannot do nothing. That's a
38:18.240 --> 38:24.760
major problem. So what the US government does is to help them out, retrain them. They set
38:24.760 --> 38:29.800
aside budgets and they announced that they have a budget to train soldiers in our area.
38:29.800 --> 38:37.200
And I said, hmm, let me see. So I said, you know what, I will bid and I'm placed my bid.
38:37.200 --> 38:42.520
I go meet the people at the JBLM. And they said, you know what, do you know who you're
38:42.520 --> 38:51.000
competing with? And I said, no, I don't tell me you are competing with Microsoft and AWS.
38:51.000 --> 38:58.160
And I said, hmm, nice. But let me tell you, I can do something that these guys cannot.
38:58.160 --> 39:02.680
These big companies cannot. They just cannot do what I do. He said, what, what can you
39:02.680 --> 39:09.360
do? And I told them that I can guarantee employment to each and every person that takes my program
39:09.360 --> 39:16.200
within three months or don't pay me anything at all whatsoever. No big company will do
39:16.200 --> 39:26.960
that ever. I can. And I give that guarantee. So he said, are you nuts? Then I told him,
39:26.960 --> 39:32.200
what do you think I am? Are you kidding me? No, I'm not. Will you give this to me in writing?
39:32.200 --> 39:40.040
I said, yes. And I wrote it down. I said, don't pay me any money. Even one of them will
39:40.040 --> 39:47.600
not get a job within three months. But I have some conditions. The conditions are, you will
39:47.600 --> 39:54.240
not interfere in my program. You will not interact, not even come into the classroom.
39:54.240 --> 39:59.800
You will do nothing whatsoever. I'll do whatever I want with them. You will not interfere.
39:59.800 --> 40:06.520
They will not say a word, not listen. All you do is what you get the result. That's
40:06.520 --> 40:12.240
all you care for. That's what I'll give you. You will not interfere. Do you agree?
40:12.240 --> 40:17.600
But how did you get that conviction, Nilesh? What do you mean? I mean, how did you feel
40:17.600 --> 40:22.160
that you will be able to influence these people to the point that they are employable? I mean,
40:22.160 --> 40:27.320
where did you, I mean, maybe it is just your intuition or in conviction about yourself,
40:27.320 --> 40:33.560
but maybe there are some factors which you accounted for. So the thing is driven by gut,
40:33.560 --> 40:38.920
specifically by gut. I know I can pull it off because I have people I know, you can
40:38.920 --> 40:42.640
see on my LinkedIn, I have big shots in my LinkedIn, the big people, all the big names
40:42.640 --> 40:50.480
in our area, tech, big shots. So I know I can pull it off. But to convince them what
40:50.480 --> 40:56.720
you need to really focus on on the other side is what do they want? They want home for people.
40:56.720 --> 41:03.160
They want soldiers to get a proper life. They want success for them. They don't care about
41:03.160 --> 41:07.760
the process you follow as long as you get the result for them. What they really care
41:07.760 --> 41:11.880
for is their money that they are spending and whether they can report to their bosses
41:11.880 --> 41:18.200
how many soldiers got a job. That's what they care for. And how was the money being deployed
41:18.200 --> 41:22.680
and how was it used? That's what they care for. They care for the soldiers basically
41:22.680 --> 41:29.200
leading a good path. So I'm giving them exactly what they want. And now after signing that
41:29.200 --> 41:35.880
contract, I come back home panicked like heavily panicking now, because I don't know what I
41:35.880 --> 41:42.160
signed up for. But I'm panicking. And here's what I do. I reach out to my LinkedIn profile,
41:42.160 --> 41:49.880
big people, and I tell them something that I know they cannot say no to. Because when
41:49.880 --> 41:56.000
you go to a CEO and tell him, I want you to help soldiers, what do you think he can say?
41:56.000 --> 42:04.380
The only answer he can give is yes. Because the other answer, no, makes him look stupid.
42:04.380 --> 42:08.640
The only answer he can say is yes, I will help you, Niresh. That's the only way out
42:08.640 --> 42:15.720
for him. And I know that. So I exploit it one on one. All the big names. I said, you
42:15.720 --> 42:20.160
know what? You will come with me, not on a group session, but a one on one session. You
42:20.160 --> 42:26.680
come alone with me to the base where I go. I take you with me to the military base. You
42:26.680 --> 42:32.440
go meet them one on one. Not in a group hiring session. Not like that. I don't want that
42:32.440 --> 42:37.240
happen. So they are okay with that idea. They want to talk to people. They want to feel
42:37.240 --> 42:41.880
good. They collect brownie points. They come back home. But what happens in reality? What
42:41.880 --> 42:47.440
happens when a CEO comes? They don't come alone. They come with their HR, their PR,
42:47.440 --> 42:54.040
and God knows what other staff, which is awesome for the soldiers. So in our area, this thing
42:54.040 --> 43:02.400
called King County, there is a CTO, CTO of King County. I don't even know him, but I
43:02.400 --> 43:09.760
tweet at him. Soldiers need you to attend my program. Would you join? What do you think
43:09.760 --> 43:17.920
the answer would be to a public officer? Sign me up. Sign me up was his response. So I called
43:17.920 --> 43:23.720
his office, signed him up. He shows up. He doesn't come alone. He come with his PR staff,
43:23.720 --> 43:32.880
his HR people and a television crew. Next day, I am on the television. Nobody knows
43:32.880 --> 43:39.880
my name of the company. I am a one person company. I was. I almost even today, I am
43:39.880 --> 43:47.680
a one person company. I have people in India on a as needed basis, but that's it. Those
43:47.680 --> 43:56.560
people, you know, sorry, the CTO with his TV crew led me to more introductions with
43:56.560 --> 44:03.440
big shots. And what I did is now helping our soldiers write resumes. I wrote their resumes
44:03.440 --> 44:10.960
myself, trained them individually to go talk to this person, go talk to that person, introduce
44:10.960 --> 44:20.000
them, make meetings happen one on one for 23 soldiers. And each and every one of them
44:20.000 --> 44:27.720
got a job. And I got paid handsomely. My charge is expensive, by the way, if you if you know
44:27.720 --> 44:33.680
that or not, I don't know. But it's really, really steep price. And I got paid. So that
44:33.680 --> 44:42.760
was my first thing. Wow. But it's actually it's very cheap because imagine being able
44:42.760 --> 44:48.720
to teach someone to earn for themselves for next 10 or 20 years. That's a crazy amount
44:48.720 --> 44:53.940
of money. Yes. Right. And for government, it's a very small amount of pay to pay instead
44:53.940 --> 44:59.520
of paying pension and trying to take care of people and the headache and all of this.
44:59.520 --> 45:04.600
So it's actually a very good ROI for the government. And that's probably because you can guarantee
45:04.600 --> 45:09.960
that. I think that's the key point. Yes. Like it's a very good direct deal. It's not a probabilistic
45:09.960 --> 45:15.280
thing. It's a, you know, deterministic outcome. Yes, yes, it was. It was very good. It was
45:15.280 --> 45:19.320
something that they could not say no to it because they had nothing. The coolest thing
45:19.320 --> 45:28.840
nothing to lose. You know, the coolest thing you said, I had a gut feeling. I can't tell
45:28.840 --> 45:37.000
you how uncommon that is. Like a lot of what we hear on social media and other places,
45:37.000 --> 45:42.360
right. All the narratives people tell a lot of those narratives are around, you know,
45:42.360 --> 45:48.080
this is the logical thinking I did. This is how we tested the product and 100 other things,
45:48.080 --> 45:52.480
right. And what people don't talk about it is, hey, you know, you need to poke around
45:52.480 --> 45:57.320
a few things and something will work out. But you need to experiment. And that's what
45:57.320 --> 46:03.480
you did. You followed your gut and experimented with the idea. And nobody says that, yeah,
46:03.480 --> 46:08.640
it was a gut feeling. I had an intuition that I should probably do this. So thanks for saying
46:08.640 --> 46:15.160
that, Nileshji. I think gut is the only thing that works. Everything else is future and
46:15.160 --> 46:21.320
future is unknown, which is basically, nobody knows. Nobody knows jack shit, to be precise
46:21.320 --> 46:28.980
of what will happen in the future. Anybody who claims is a liar. Yeah, and everybody
46:28.980 --> 46:33.920
talks about all of this in a very logical manner. So people tend to justify their choices
46:33.920 --> 46:38.440
half the time. It's like, hey, why did you go down this path? You know, I felt like that
46:38.440 --> 46:42.520
is the right answer. But what people say is, no, because I had thought one, two, three,
46:42.520 --> 46:46.760
four and five. No, this was you're trying to justify your choice. Rationalization happens
46:46.760 --> 46:54.080
after the fact. Exactly. It's a justification, right? Like after you have already had that
46:54.080 --> 46:58.840
intuition and you trust that some intuition somehow. And after that, you go into this
46:58.840 --> 47:02.960
justification mode, because you're supposed to be a logical person. You know, the word
47:02.960 --> 47:08.160
is supposed to be logical. But people are not logical. I am not. I am a nut job. Yes,
47:08.160 --> 47:15.080
same, same, same. I am the hardest nut job you can ever imagine in your life. I'm saying
47:15.080 --> 47:26.560
that out loud in public. You've probably seen that in my tweets. I tweet like a nut.
47:26.560 --> 47:31.440
By the way, Nivesh, just an FYI here. There are some people requesting and there are some
47:31.440 --> 47:35.360
of the speakers who want to like ask questions and they're raising their hands. Please, please,
47:35.360 --> 47:41.720
go ahead. Go ahead. Absolutely. Let people speak. Yeah, go ahead. Yeah, sure, sure, sure.
47:41.720 --> 47:47.520
So I believe it was Devarshi first, then it was Vijay, then it was Kavya. Devarshi, you
47:47.520 --> 47:54.480
want to go? Yeah, sure. Thank you, Nivesh sir. So my question is like, have you found
47:54.480 --> 48:00.440
any similarities between the skills required in civil service and tech?
48:00.440 --> 48:13.280
Hey, I'm so sorry. I could not hear you properly, Devarshi. Yeah, am I audible now? Yes. Yeah.
48:13.280 --> 48:19.520
So I was asking, have you found any similarities between the skills required in civil services
48:19.520 --> 48:26.360
and those needed in the tech industry? Yes. The thing that you need is the ability to
48:26.360 --> 48:32.880
think clearly. I think that is the most important thing. It applies to every situation in life.
48:32.880 --> 48:39.040
Thinking skills, thinking rationally. That is, I think the fundamental thing, it applies
48:39.040 --> 48:44.360
to common sense, applies to, you know, a situation where you're trying to sell something and
48:44.360 --> 48:51.080
you don't know what to create. And then what do you do? You create something that you like
48:51.080 --> 48:56.920
for yourself and you find out by showing it to people, would they be interested in it?
48:56.920 --> 49:00.720
If they're interested, they might buy it. If they're not interested, they might send
49:00.720 --> 49:06.320
you signals as to what they don't want to have or what they would like to have. So we
49:06.320 --> 49:13.360
have to very carefully listen and understand what they're telling you. That weak signal
49:13.360 --> 49:19.400
is there, but most people miss it because there is so much noise around us. So much
49:19.400 --> 49:29.120
noise. It's heavy. And detecting the signal in a very noisy situation is very, very, you
49:29.120 --> 49:35.320
know, you need to refine your sensors and that signal is available to you. But that
49:35.320 --> 49:42.640
skill of detecting signals is a hard one that applies everywhere. And most people ignore
49:42.640 --> 49:48.680
those signals. I think that's a skill to have. It's not about technology. Even in the tech
49:48.680 --> 49:55.960
domain, it is not about writing code. It is about understanding what customers want. It
49:55.960 --> 50:03.400
is about building exactly what they need and more. It has nothing to do with JavaScript,
50:03.400 --> 50:10.240
to be precise, or Ruby, for example, whatever. These languages don't matter. What matters
50:10.240 --> 50:18.280
is the customer and whether you're doing something for them. It's when you help others that you
50:18.280 --> 50:25.640
make money as a side effect. I hope that answers your question, Devarshi.
50:25.640 --> 50:28.440
Yes, sir.
50:28.440 --> 50:33.120
And also that finally settles the debate. Which programming limit should we choose?
50:33.120 --> 50:39.640
But also another one. What are your speaker? If there we have question answered, could
50:39.640 --> 50:43.240
you please go back to the listener section so that we could invite more speakers in because
50:43.240 --> 50:49.760
there is a limit here. That would be great. Next up is Vijay. Vijay, how are you doing?
50:49.760 --> 50:50.760
Great to meet you.
50:50.760 --> 50:51.760
Likewise.
50:51.760 --> 50:52.760
You can ask a question.
50:52.760 --> 51:00.680
Yeah. Nilesh sir, very inspiring and amazing story. I think you have a spectacular journey
51:00.680 --> 51:06.680
and it's amazing to have you here. And thank you for giving us an opportunity to chat with
51:06.680 --> 51:07.680
you.
51:07.680 --> 51:11.800
You're welcome, sir. Thank you. Thank you, Vijay.
51:11.800 --> 51:17.480
Yeah. I just, I want to say something about what Amul and you were saying about gut feeling
51:17.480 --> 51:24.680
and all. I mostly agree, but I'm not 100% sure if everybody needs to think like that.
51:24.680 --> 51:27.880
I think it depends from person to person. Like you probably went ahead with your gut
51:27.880 --> 51:35.040
feeling, maybe because of your previous qualifications or success. You were confident that you can
51:35.040 --> 51:42.920
make things work. Like if you could crack all these exams and get these amazing achievements,
51:42.920 --> 51:46.800
then you could do that and replicate that success later. But not everybody is that confident.
51:46.800 --> 51:51.920
Not everybody has that kind of backing to say that, okay, I have done this thing so
51:51.920 --> 51:55.360
I could do that. So in that case, I'm not saying don't go with gut feeling, but for
51:55.360 --> 52:00.480
some people, having that little calculations about what I should do here and what are the
52:00.480 --> 52:04.200
repercussions might be appropriate, right? Like for example, if somebody's planning to
52:04.200 --> 52:10.440
come to U.S. and if they don't have any spectacular success story behind, like there is no guarantee,
52:10.440 --> 52:18.520
especially nowadays, right? Like immigration, job prospects are very difficult. So in my
52:18.520 --> 52:22.560
opinion, there's a lot of bliss associated with that. I would absolutely, absolutely
52:22.560 --> 52:28.160
agree with that idea. You know what? I would give you an example, a story. So what, to
52:28.160 --> 52:32.840
summarize Vijay's point, do you always go by gut feeling? Do you know that you will
52:32.840 --> 52:40.360
win? Nobody knows jack shit. I did not know, but it just happened. However, everybody should
52:40.360 --> 52:47.200
not feel and think like that. The rational approach is like this, is like a VC. What
52:47.200 --> 52:54.520
does a VC do? They say they have like, you know, $10 million or $100 million to invest.
52:54.520 --> 53:01.200
They will not invest all of that money in one particular startup. They will find a hundred
53:01.200 --> 53:09.200
startups and give them $1 million each to spread the risk. And like one or two of them
53:09.200 --> 53:17.000
will become unicorns and every other 98 companies, startups will die. VCs don't care. They're
53:17.000 --> 53:24.360
spreading their risk. They're spreading their portfolio among various startups and balancing
53:24.360 --> 53:30.080
the risk. I think that is a approach I would recommend for most people unless they are
53:30.080 --> 53:45.560
in a nut job. Simply, yeah. So, you know, what we call gut feeling, I believe is intelligence
53:45.560 --> 53:50.920
plus experience working in milliseconds. So probably your intelligence and your experience
53:50.920 --> 53:55.000
when it's, you know, working at full throttle and the result you get in milliseconds that
53:55.000 --> 53:59.200
you can call a gut feeling in some cases. What do you think about it?
53:59.200 --> 54:04.400
I don't know, man. The millisecond part, I don't even know what that is true or not,
54:04.400 --> 54:09.400
but the responses are not that fast. It is slow. It can be painfully slow sometimes,
54:09.400 --> 54:16.160
but managing portfolio is better than managing one thing. Because as Amul will say, Amul,
54:16.160 --> 54:21.760
I think I saw his notes and on some of the tweets, he says, he describes about this concept
54:21.760 --> 54:28.000
of risk and about what I call, what is the word you used Amul? The risk idea, the Talib
54:28.000 --> 54:34.280
idea. Talib idea is rule zero is risk management, avoid ruin.
54:34.280 --> 54:38.880
Yeah, avoid ruin. So that is the key thing here. You know, you want to avoid ruin, which
54:38.880 --> 54:46.560
means you want to continue to live for tomorrow and keep taking newer bets. If you take one
54:46.560 --> 54:53.700
big giant bet and you die, well then, then you're dead. You want to survive, avoid ruin.
54:53.700 --> 54:57.360
And that is an important thing. You know, probably the thing that...
54:57.360 --> 55:02.680
Isn't that based on your past experience? Like avoid ruin because you'll be dead is
55:02.680 --> 55:06.400
something that, you know, don't do this, otherwise you'll be dead.
55:06.400 --> 55:10.360
That's why, you know, it's a good thing to have what is called a plan B. It's generally
55:10.360 --> 55:18.120
a good thing. And yes, sometimes in certain cases, and these are very, very few, but there
55:18.120 --> 55:25.640
are cases in which you actually guarantee yourself a win or a death if you remove all
55:25.640 --> 55:33.160
other choices. The plan B needs to be exterminated. That's what happens when you quit the IAS.
55:33.160 --> 55:37.680
When you quit the government service, you cannot go back. There's no going back. The
55:37.680 --> 55:45.440
only way is forward. It's like some king somewhere, they conquer, you know, they take a boat full
55:45.440 --> 55:49.800
of ships, ships full of soldiers and they reach the other country. And the first thing
55:49.800 --> 55:56.660
the king orders, burn all these ships. And the soldiers start to panic. Why would I burn
55:56.660 --> 56:01.040
my ships? How will I run away if I need to? Well, that's the whole point. You want to
56:01.040 --> 56:06.080
burn your own ships so that you cannot run away. And then the only option remains is
56:06.080 --> 56:13.520
fight to die or to win. And then you win. And that has been, you know, some look up
56:13.520 --> 56:18.000
on Google and you will find a story like that. There's actually a real story of some king.
56:18.000 --> 56:23.040
I don't even know his name. But that's a valid strategy. This is a nut.
56:23.040 --> 56:31.800
I'll put a point here. Okay. So forget about how this works and all of that. And here's
56:31.800 --> 56:36.640
my hypothesis. Maybe I am wrong on this one. A lot of people think that you have to come
56:36.640 --> 56:45.480
up with ideas analytically, which is, I think, not a great idea in general. And which is
56:45.480 --> 56:50.520
where I'm really supportive of your idea of the gut thing. That let your gut and intuition
56:50.520 --> 56:57.920
guide you to come up with creative ideas. The second step though, is to think of it,
56:57.920 --> 57:02.880
think of yourself as a trader. So traders have four kinds of outcomes. They win big,
57:02.880 --> 57:07.560
they win small, they lose small, they lose big. There are only four types of outcomes
57:07.560 --> 57:15.440
which are possible. Your job is to avoid losing big. Don't lose big. All other three options
57:15.440 --> 57:21.080
win big, win small, lose small, you can play the game for a very long period of time. So
57:21.080 --> 57:27.120
your job is to actually play low, such kind of bets where these three outcomes are there.
57:27.120 --> 57:35.160
Any bet which has lose big outcome is basically what Taleb says that it is avoid ruin or,
57:35.160 --> 57:41.640
you know, risk management piece. But the ideas come from the creative side of you, which
57:41.640 --> 57:48.040
is the gut. And one more thing I want to talk about, which probably gets sidelined when
57:48.040 --> 57:54.080
somebody outlier plays those bets. And you are an outlier, let's be honest. AIR3 IS,
57:54.080 --> 57:59.880
I haven't met anybody who has been under AIR50 in IS. And I have been in the game for 20
57:59.880 --> 58:04.480
years now. So I have not met anybody. So you are rare in that sense. What happens, and
58:04.480 --> 58:10.480
I think Vijay has a very good point there. When you leave, somebody like you leaves IS,
58:10.480 --> 58:14.280
although you think you will not be employable, but inside you know that I will be able to
58:14.280 --> 58:20.920
do something with my life. So that default confidence, right? That is why everybody might
58:20.920 --> 58:24.640
think that, you know what, this person took a big risk, but look at where they have come
58:24.640 --> 58:31.320
from, right? Like if you have been top 0.001% of India, you can do something with your
58:31.320 --> 58:35.800
life. Even if you are losing IS, you will still do something and make enough money out
58:35.800 --> 58:41.880
there or survive. And that is which is where you were actually not at the point of ruin
58:41.880 --> 58:46.640
if you really think about it. The point of ruin is for somebody who can't, who doesn't
58:46.640 --> 58:53.320
believe or doesn't have a track record of doing something in life. So even if that's
58:53.320 --> 58:58.680
my hypothesis, that even if you think that in some way, you know, I took that decision
58:58.680 --> 59:03.040
and it was, you know, totally no-go and all of that, or even, you know, training those
59:03.040 --> 59:08.320
23 people, the worst you would have lost is time, right? I mean, you wouldn't have lost
59:08.320 --> 59:13.200
everything in your life if that happened, right? Like those 23 people. So my hypothesis
59:13.200 --> 59:18.880
is gut feeling is very useful for coming up with creativity. Once you acknowledge that
59:18.880 --> 59:25.560
intuition, then put it into that framework of whether it is a lose big bet or is it,
59:25.560 --> 59:29.920
you know, another kind of a bet, which is safe enough, then play it accordingly. Don't
59:29.920 --> 59:36.040
try to ruin yourself. And as long as you played for a long enough period of time in aggregation,
59:36.040 --> 59:40.040
something in probability will turn out, but don't try to be that person who's saying
59:40.040 --> 59:44.440
that, you know what? No, I was very analytical and I came up with this idea. No, your gut
59:44.440 --> 59:51.120
came up with the idea and you trusted your intuition. The funny thing is those who trust
59:51.120 --> 59:55.920
their intuition think of themselves as artists. And I have been on both sides of it. Like
59:55.920 --> 59:59.280
one side of my life, I was totally analytical. I used to think I'm not creative. I'm not,
59:59.280 --> 01:00:04.440
I don't trust my gut. I don't trust my intuition. And you know what? My creativity dipped like
01:00:04.440 --> 01:00:08.120
anything. And on the other hand, like think of you right now, right? Like the way you
01:00:08.120 --> 01:00:13.200
talk about yourself or, or, or how you do stuff, you actually think of yourself as an
01:00:13.200 --> 01:00:18.120
artist, that term you use nut job, right? That's basically an artistic term. You think
01:00:18.120 --> 01:00:23.160
of yourself as an artist. There's some serendipity in your thinking. And that is a beautiful
01:00:23.160 --> 01:00:29.560
thing to tell your body, to tell your mind or to tell your gut mind that, you know what?
01:00:29.560 --> 01:00:35.160
You are an artist. You don't need to be logical. Go think of ideas on your own. Sorry, I went
01:00:35.160 --> 01:00:41.120
into a rant, but I felt this was a very interesting, you know, point or hypothesis to think about.
01:00:41.120 --> 01:00:46.280
I could be wrong, obviously. So you know what your hypothesis is exactly what I, the reason
01:00:46.280 --> 01:00:50.680
why I love what you say, what you write, what you tweet. I have read all your tweets, by
01:00:50.680 --> 01:00:53.600
the way. They're awesome.
01:00:53.600 --> 01:01:03.280
Just a minute if I, Niresh here. Amul, I don't want to be disrespectful, but there are some
01:01:03.280 --> 01:01:09.360
person here who are raising their hand for quite a while. And we'd like to go to them.
01:01:09.360 --> 01:01:17.600
Hey folks, yeah, I'm leaving. I have a meeting at one o'clock, but great chatting with you
01:01:17.600 --> 01:01:22.800
again. Like Nilesh Sir, hopefully we'll do this again. Main fire, fire ka mudda, shahe
01:01:22.800 --> 01:01:23.800
toh rahe piche hai rege.
01:01:23.800 --> 01:01:29.520
I know that happens every time I speak. That's why I should keep focused on your questions
01:01:29.520 --> 01:01:32.520
as opposed to my bullshit.
01:01:32.520 --> 01:01:36.280
It's not bullshit. It's not bullshit. Like a lot of valuable information. But anyways,
01:01:36.280 --> 01:01:37.280
I
01:01:37.280 --> 01:01:41.320
No, no, no, Nilesh. I think, you know, you should, you should speak what you feel like
01:01:41.320 --> 01:01:45.520
because that's when we get the best ideas out of you. Otherwise, toh kya hai yahan pe
01:01:45.520 --> 01:01:49.640
aap log ye influencers dukaan laga ke baithte hain hai. Twitter space karte hain ki aaho
01:01:49.640 --> 01:01:53.880
tumko sumnayenge, ye sewaal pucho ge uska jawab degenge. Woh dukaane toh chali rahi hain.
01:01:53.880 --> 01:01:58.360
But jis uninhibited tariqe se aap bolte ho na, wo sunnaya hai humko. Warnahe hum kyu
01:01:58.360 --> 01:02:02.560
aayenge hum yaha pe. Hum kyu aayenge ki matlab ye dukaan laga ke baith jaate hain hain, hosting
01:02:02.560 --> 01:02:06.280
karte hain ki, achha tum aake sewaal ka jawab do, tum aake sewaal pucho, tum aake sewaal
01:02:06.280 --> 01:02:11.840
pucho. Ye nahi karna hai na. Ye hi toh sunnaya hain aap se jo aap aise bina be lagaam bolte
01:02:11.840 --> 01:02:16.120
ho na yeh sunnaya. Kyuki yeh koi nahi bolta hai. Aur aap nahi sunnayenge toh kap sunnayenge.
01:02:16.120 --> 01:02:20.520
Thank you. Thank you. By the way, Vijay and Amul, we should do more spaces. Thank you.
01:02:20.520 --> 01:02:24.800
Definitely aur Vijay ke saath karenge, Vijay ke saath itna maza hai karne mein. Kyuki
01:02:24.800 --> 01:02:29.640
bahut nuanced hoti inki thi. Yes. Thank you. Thank you. Yeah, and fire and financial independence
01:02:29.640 --> 01:02:34.400
is my favorite topic. So I'm definitely interested in chatting on this again. And sorry, I'm
01:02:34.400 --> 01:02:38.800
going to take few more seconds. But I've noticed that main jabhi koi career related tweet karta
01:02:38.800 --> 01:02:42.240
hoon, toh thode bahut likes aate hain. Ek maine finance related ki thi, toh bahut hi kum
01:02:42.240 --> 01:02:48.280
likes hai. So I'm just curious ki is the tech industry like not thinking about finance?
01:02:48.280 --> 01:02:53.240
In my opinion, that would be a mistake. So aapki saara alpha jo hai na, wo Ankur Variku leke
01:02:53.240 --> 01:02:56.720
chala gaya hai aur Akshat Sharma, Akshat Varma, ae sab leke chale gaya hai. Toh in sab kitni
01:02:56.720 --> 01:03:02.680
badi badi dukhane hain YouTube pe aur courses vejta hai hai ki aapka saara ka saara finance
01:03:02.680 --> 01:03:07.040
ka kitna bhi samajdari wala baat bologue. Un sab ko jaaki Ankur Variku ke naam pe cryptocurrency
01:03:07.040 --> 01:03:11.720
me paise daal nahi hain. Unko Ankur Variku ke naam pe jaake bevkufi karne hai ki theke
01:03:11.720 --> 01:03:17.320
FD me, FD nahi rakhunga mai. Mai toh sirf equity me daalunga. Toh iskar end se aapki finance
01:03:17.320 --> 01:03:21.600
tweets ka koi alpha nahi aane wala hai. Theke, yeh zyaan rakhna. Aap tech ka daalogaya toh
01:03:21.600 --> 01:03:22.600
alpha aega.
01:03:22.600 --> 01:03:26.160
Alright, alright. Chalo anyways, I've taken way more than a few seconds. So again, bye
01:03:26.160 --> 01:03:30.960
all and looking forward to chatting with you all again. Nilesh ji, pirse ek bar fire ka
01:03:30.960 --> 01:03:37.360
ek space karenge. Yes, yes, yes. Alright, have a great day. Take care. We have a question
01:03:37.360 --> 01:03:43.120
left sir. You have to do one more space. Yes, yes, we'll do it again. But let's, I have
01:03:43.120 --> 01:03:52.120
enough time. I have enough time if you want. I'm never in a rush. Never. I do have time
01:03:52.120 --> 01:03:59.440
sir. If you are staying then I'll ask you a question. I will say as long as you need.
01:03:59.440 --> 01:04:04.000
So we have, so I'm not sure like who is speaking because I think my Twitter card is kind of
01:04:04.000 --> 01:04:05.000
my...
01:04:05.000 --> 01:04:06.000
This is Nilesh.
01:04:06.000 --> 01:04:07.000
Okay, okay.
01:04:07.000 --> 01:04:10.000
Kisi ko bhi aane do itna formal mat karo. Itna formal mat karo.
01:04:10.000 --> 01:04:16.360
Shama has a question. Seriously? Shama is raising the hand. So Shama, you can ask your question
01:04:16.360 --> 01:04:18.840
or do you want to share something?
01:04:18.840 --> 01:04:20.880
Thank you. Namaste everyone.
01:04:20.880 --> 01:04:21.880
Hi.
01:04:21.880 --> 01:04:28.240
So first of all, thank you Nilesh for the storytelling at the beginning. I liked that
01:04:28.240 --> 01:04:34.520
a lot. And also I wanted to say congratulations because at each stage of your life you held
01:04:34.520 --> 01:04:41.680
on and you didn't fear questioning your situation and aiming for the best for you and your family.
01:04:41.680 --> 01:04:47.000
And this is not something that all people do because sometimes people fear to face their
01:04:47.000 --> 01:04:51.480
reality and to do something about it. So congratulations.
01:04:51.480 --> 01:04:53.440
Thank you.
01:04:53.440 --> 01:04:58.400
And I have two questions actually based on what you said. The first one is just asking
01:04:58.400 --> 01:05:04.920
about your vision because at certain point you said, do what you like. But I personally
01:05:04.920 --> 01:05:10.880
genuinely believe that pain and struggle is part of the process, which means that sometimes
01:05:10.880 --> 01:05:19.320
reaching your goal may include some steps that you may not like. But the idea here is
01:05:19.320 --> 01:05:24.400
to commit to it and to be disciplined in any way to reach your goal. So what do you think
01:05:24.400 --> 01:05:26.000
about that specific point?
01:05:26.000 --> 01:05:30.920
Yes. Thank you by the way. Thank you Shama. I appreciate what you said. I will tell you
01:05:30.920 --> 01:05:38.120
what I think about pain and happiness and sadness. And I'll tell you about what I think
01:05:38.120 --> 01:05:44.280
about that. So imagine you have a coin, like a coin with a head and a tail and you flip
01:05:44.280 --> 01:05:51.480
that coin on one side you have happiness on the other side is sadness and they will randomly
01:05:51.480 --> 01:05:56.480
appear depending on how you flip and you keep flipping and you sometimes get happy and sometimes
01:05:56.480 --> 01:06:04.760
get sad and they are both good. They're both part of the same game. The real opposite of
01:06:04.760 --> 01:06:13.960
happiness is not sadness. The real opposite of these two is the absence of the coin.
01:06:13.960 --> 01:06:14.960
The void.
01:06:14.960 --> 01:06:19.240
The void. When people don't even care who you are, they love you, they hate you, both
01:06:19.240 --> 01:06:26.680
are good. But, you know, indifference is bad. That's the opposite of happiness and sadness
01:06:26.680 --> 01:06:32.320
is the absence of coin. That's how I think about it. So if you just have only happiness
01:06:32.320 --> 01:06:40.000
in your life, it will become boring. Absolute boring. You don't want in that stage, you
01:06:40.000 --> 01:06:44.880
want to go up and down, up and down, sometimes down, down, up and up, up, up, down to make
01:06:44.880 --> 01:06:50.400
any variations of that. That is what life is. Not just up and up and up. That's not
01:06:50.400 --> 01:06:56.360
how it works. So both are important. Happiness and sadness. If you just have only happiness,
01:06:56.360 --> 01:07:02.160
you will soon get bored and probably die.
01:07:02.160 --> 01:07:12.880
I think in Hindi, there's this thing. So if you drink alcohol all the time, you'll
01:07:12.880 --> 01:07:17.600
not enjoy it. So basically you have it and then don't have it for some time and then
01:07:17.600 --> 01:07:25.120
you have it. So that's the point. And by the way, there's a term for that. It's called
01:07:25.120 --> 01:07:31.360
minimum effective dosage. So anything that you do in life or enjoy in life, you can enjoy
01:07:31.360 --> 01:07:35.720
it in some amounts and then beyond that amount, it saturates to the point that you feel it
01:07:35.720 --> 01:07:45.720
is poison or it feels bad. This is sugar. Right. So there are many. So by the way, there's
01:07:45.720 --> 01:07:52.760
a term for that, which is called saying for that. This is called, it is also the same
01:07:52.760 --> 01:07:57.520
thing. Right. Yes. Yes. Yeah. That was awesome.
01:07:57.520 --> 01:08:03.920
I actually wanted Nilesh to emphasize on that fact that life is actually up and down because
01:08:03.920 --> 01:08:09.280
many people think that there is easy ways to attend their goals and they don't want
01:08:09.280 --> 01:08:16.160
to do what they don't like in order to achieve their goals. And if it's possible, my second
01:08:16.160 --> 01:08:23.120
question will be at certain point, you talked about saving and investing. Okay. So we all
01:08:23.120 --> 01:08:29.400
know that there is different types of investment, like in real estate, in crypto stocks, whatever.
01:08:29.400 --> 01:08:37.360
But what a lot of people do is that they focus on all of those side hassles at the same time.
01:08:37.360 --> 01:08:42.600
So what I want to understand here or what I want to discover is what was your own way
01:08:42.600 --> 01:08:48.400
of doing in that case? Because if you want to invest in stocks, crypto or in real estate,
01:08:48.400 --> 01:08:53.320
you need to focus on that field to understand it pretty well. And then to do the thing.
01:08:53.320 --> 01:08:56.920
So I would like to... So do you take it step by step or how do you
01:08:56.920 --> 01:09:02.480
do exactly? I'll tell you how I invest. I again look for
01:09:02.480 --> 01:09:07.400
signals, weak signals in life. Okay.
01:09:07.400 --> 01:09:13.280
And I heard you say the word crypto. I would like to say something here about that. Crypto
01:09:13.280 --> 01:09:20.880
basically means cryptography. And that is a mathematical concept. Bitcoin is the one
01:09:20.880 --> 01:09:27.960
that was used... Cryptography was used to create Bitcoin. And that is what I think most people
01:09:27.960 --> 01:09:35.040
think of as cryptocurrency. However, copying that Bitcoin, there are tons and tons of other
01:09:35.040 --> 01:09:42.800
what are called shitcoins have come up. And people get confused about what is a right
01:09:42.800 --> 01:09:48.640
vehicle of investment. So I want to clarify what I think about all these things. And only
01:09:48.640 --> 01:09:57.400
Bitcoin is a vehicle that is worthy of your money. Everything else is not an investment
01:09:57.400 --> 01:10:02.920
vehicle. It has other uses. It has other technical uses, some esoteric uses. But I don't consider
01:10:02.920 --> 01:10:09.480
that as an investment vehicle. So that was the investment aspect of crypto specifically.
01:10:09.480 --> 01:10:15.600
Now how do I look for signals? So when I was at Microsoft, in the US, there is a thing
01:10:15.600 --> 01:10:20.440
called retirement plan, which is self-managed and you manage it yourself. A portion of your
01:10:20.440 --> 01:10:25.200
salary goes into that account, set aside. In India, it is called GPF, PPF, something
01:10:25.200 --> 01:10:32.080
like that. And so you take some money, 15, 20% set aside and that gets invested by the
01:10:32.080 --> 01:10:39.360
company. But in Microsoft, they let you invest it yourself. So what did I do? At that time
01:10:39.360 --> 01:10:52.000
in 2004, I invested 95% of my 401k money into the Apple stock. I still hold the same position.
01:10:52.000 --> 01:11:01.440
I never sold it. Apple has gone like three or four times in the valuation.
01:11:01.440 --> 01:11:06.720
So you took it step by step, like you focus only on one investment at one point. You don't
01:11:06.720 --> 01:11:11.760
do it in a parallel way, like crypto, real estate, stocks, et cetera. You only focus
01:11:11.760 --> 01:11:12.760
on one thing.
01:11:12.760 --> 01:11:18.400
Not really. I'll tell you what I actually do. So I'm building it up. So that's one.
01:11:18.400 --> 01:11:26.140
I get a signal from using the iPhone, the first one that came in, I think, 2007 timeframe.
01:11:26.140 --> 01:11:31.400
And before that, I've been, I've used Mac, I use Linux quite a bit. So I understand what
01:11:31.400 --> 01:11:35.920
Apple is building and I see their products are really good. And what I also see is not
01:11:35.920 --> 01:11:41.440
just the product that they make, but how users are using their products is also pretty darn
01:11:41.440 --> 01:11:47.520
good. And that gives me the confidence in that company and especially Steve Jobs, which
01:11:47.520 --> 01:11:52.720
I am a huge, huge fan of what he does, the way he speaks, the way he talks, the way everything
01:11:52.720 --> 01:11:58.360
about him is beyond doubt. So that is something that I loved. And I said, this is where my
01:11:58.360 --> 01:12:04.000
money goes. So I hired Steve Jobs as my investment manager.
01:12:04.000 --> 01:12:12.800
Then comes along Elon Musk. And in 2020, this COVID thing happened in Santa Clara County
01:12:12.800 --> 01:12:22.160
shut down Tesla factory. You cannot operate. And the stock tanked like huge. And I said,
01:12:22.160 --> 01:12:30.100
opportunity. And I've been using a Tesla since 2012. And I love that car. The car is awesome.
01:12:30.100 --> 01:12:38.240
And I see the opportunity. Then I buy Tesla stock and I still hold it. It has gone up
01:12:38.240 --> 01:12:47.160
like crazy. Yeah. That is how you look for signals. And then when you see it, you act
01:12:47.160 --> 01:12:52.360
on it. That's the part, which is the hardest. The action part is the hardest part. People
01:12:52.360 --> 01:12:58.640
see it, but they don't act. People have seen when they went to place a trade, they worry
01:12:58.640 --> 01:13:03.760
about the commission. They worry about that. They worry about the tick. The next tick is
01:13:03.760 --> 01:13:13.560
going up or going down. Who cares? Think big picture and invest and then forget, sit tight.
01:13:13.560 --> 01:13:23.360
Time in the market is way more important than timing the market. See time in the market
01:13:23.360 --> 01:13:28.560
as opposed to timing it. Don't time it. It is pointless. In fact, it'll hurt you if you
01:13:28.560 --> 01:13:36.680
time it. Just sit tight. I invested in Apple before this guy. What's his name? Warren Buffett.
01:13:36.680 --> 01:13:43.680
Before him. Yes. Yes. That helps. That helps.
01:13:43.680 --> 01:13:46.040
Thanks a lot, Nilesh. It was clear enough.
01:13:46.040 --> 01:13:49.720
You're welcome. There are more questions here, please.
01:13:49.720 --> 01:14:02.600
Thank you so much, Nilesh. I'll compromise with the formality part now and I'll get up
01:14:02.600 --> 01:14:06.720
to the question I want to ask you. The question I wanted to ask you just next to the Devarshi
01:14:06.720 --> 01:14:11.000
what he has asked you is more similar and you talked about the rationality. What I wanted
01:14:11.000 --> 01:14:15.760
to ask you is, do you think that the rationality is something that comes up with the experiences
01:14:15.760 --> 01:14:21.840
or it has to be certainly backed with a pile of experiences of your life and can't we get
01:14:21.840 --> 01:14:28.840
it at the age of 17 or 16, reading piles of books and getting the experience of insights
01:14:28.840 --> 01:14:35.680
and a lot of things and then get our thoughts rational, so-called. Does it need necessarily
01:14:35.680 --> 01:14:41.520
the experiences in order to be rational or to have rational thoughts for that matter?
01:14:41.520 --> 01:14:49.120
No, I would say irrational can be better than rational. That's first. The second thing I
01:14:49.120 --> 01:14:55.720
would say is, if you keep waiting for all the books to be read, that will be too late
01:14:55.720 --> 01:15:01.400
because there are way too many books. So the way I would do is I'll select some books that
01:15:01.400 --> 01:15:08.960
I like, start reading them halfway through. I stop. Don't even finish the book, but I
01:15:08.960 --> 01:15:14.800
get the book's essence and I try to experiment with it. If I like that idea and like the
01:15:14.800 --> 01:15:19.440
outcome, I'll probably read the book a little bit more. If not, I'll leave the book on my
01:15:19.440 --> 01:15:24.440
desk, leave it alone. I have tons of books that I haven't even finished reading because
01:15:24.440 --> 01:15:33.000
I don't want to. I think that's the rational way to be irrational, to not actually finish
01:15:33.000 --> 01:15:36.880
all the books because you will never. You want to do things as opposed to just keep
01:15:36.880 --> 01:15:46.520
reading. So read some, do some and read again and do again and fail, fail hundreds of times.
01:15:46.520 --> 01:15:49.520
That's the way you win.
01:15:49.520 --> 01:15:57.680
I really like that analogy in English, like read some, do some, read some, do some. I
01:15:57.680 --> 01:16:00.680
think that's the way it should be as well.
01:16:00.680 --> 01:16:11.600
Actually, the needed content, that chapter I only preferred to read at the first place
01:16:11.600 --> 01:16:18.760
and then I left the book, like starting investing at my play table. I don't read all of them.
01:16:18.760 --> 01:16:23.200
Don't read as much. So this is my hypothesis here. If you have a hundred minutes of time
01:16:23.200 --> 01:16:28.200
and if you're reading for 20 minutes, then 80 minutes, you should marinate and think
01:16:28.200 --> 01:16:34.080
about how you can actually apply that pattern or that meta pattern in your life. So you
01:16:34.080 --> 01:16:39.520
read principle agent problem from Naval. Now go apply principle agent problem in your relationship
01:16:39.520 --> 01:16:45.080
with your boss. When your boss asks something, then try to see how principle agent problem
01:16:45.080 --> 01:16:51.560
is working or do go apply it to your relationship with your girlfriend or with your friend.
01:16:51.560 --> 01:16:57.680
Look at who of your friends say yes to you because they seek a favor from you or seek,
01:16:57.680 --> 01:17:01.320
you know, see other friends who don't give a shit about what you think of them, but tell
01:17:01.320 --> 01:17:06.520
you what they exactly think of you. That is principle agent problem in action and if you're
01:17:06.520 --> 01:17:12.400
not doing that, you'll be good at party conversations and talk about principle agent problem, but
01:17:12.400 --> 01:17:18.280
you will never move from the point of idea to action or experimentation. So move to experimentation
01:17:18.280 --> 01:17:24.800
and that's probably the point that Nilesh is saying that, you know, read a little, experiment
01:17:24.800 --> 01:17:31.040
a lot and don't trust books, by the way, they are 80 to 90% lies because they are written
01:17:31.040 --> 01:17:35.920
to build a perception of the author in your mind. So they can sell more books or whatever
01:17:35.920 --> 01:17:42.440
their presence. So don't trust people in general who, because all books are generally narratives.
01:17:42.440 --> 01:17:47.040
That's another hypothesis. Yes. So, yeah, essence is. Yes, exactly. It's basically a
01:17:47.040 --> 01:17:55.920
marketing tool for the author mostly. Like the book is never written to tell you the
01:17:55.920 --> 01:18:03.440
truth. The book is always written to entertain you because most people want to be entertained.
01:18:03.440 --> 01:18:08.000
They don't want to, you know, get out of their comfort zone and experiment with a new idea
01:18:08.000 --> 01:18:14.640
they learned or marinate on it or find a pattern in it. No, they don't want to do that. A lot
01:18:14.640 --> 01:18:18.840
of them want to be entertained and in their parties and in their conversations, they want
01:18:18.840 --> 01:18:25.320
to sound intelligent, talking about those things. And that's what authors seek as well,
01:18:25.320 --> 01:18:31.040
that they want to entertain you. But don't you think that the book is somewhat the reflection
01:18:31.040 --> 01:18:35.360
of all the experiences or the experimentation of the author for that matter, that they write
01:18:35.360 --> 01:18:43.280
it in a textual form? Truth is stranger than fiction, buddy. Truth is stranger than fiction.
01:18:43.280 --> 01:18:48.820
So I'll give you a very simple example, right? So we are here for 30 minutes, okay? And each
01:18:48.820 --> 01:18:54.080
minute of your life, you can label us, you know, good, bad, good, bad, right? But when
01:18:54.080 --> 01:19:00.000
I say how was the half an hour you spent with Nilesh, you will summarize those 30 rows of
01:19:00.000 --> 01:19:06.560
SQL data as one thing, good, bad, or whatever. But what is that? That's information loss.
01:19:06.560 --> 01:19:12.760
Because any aggregation is an exercise in information loss, which means everybody who's
01:19:12.760 --> 01:19:18.880
telling a story cannot tell you the vivid nature of reality. They're always trying to
01:19:18.880 --> 01:19:24.640
fit a narrative so that when you listen to it, it's entertaining, it's engaging. And
01:19:24.640 --> 01:19:34.240
anything optimized for engagement and entertainment is unlikely to be about truth. Okay, so just
01:19:34.240 --> 01:19:39.440
take some ideas from it, experiment with it. That's where the, you know, that's, that's
01:19:39.440 --> 01:19:45.000
kind of enough. Don't trust the narratives that people weave around you, especially books.
01:19:45.000 --> 01:19:49.200
I mean, how would, I mean, why would they be even writing a book if they are so content
01:19:49.200 --> 01:19:53.440
with their life and they're so awesome? They're writing a book because they want you to be
01:19:53.440 --> 01:19:58.560
engaged with it. Sorry, I could be wrong.
01:19:58.560 --> 01:20:04.840
I differ here and the point is not every book is written for engagement. And previously
01:20:04.840 --> 01:20:11.520
how knowledge was shared from one generation to another was through a medium of writing.
01:20:11.520 --> 01:20:15.960
And when people were writing and we have great books, right? And we have learned through
01:20:15.960 --> 01:20:20.680
books, we have been in schools reading books. And a lot of principles that we read today
01:20:20.680 --> 01:20:26.520
are comedies and a lot of others, they came and we studied from books, right? So I don't
01:20:26.520 --> 01:20:31.960
think so that those were written for engagement or they were trying to weave an idea around
01:20:31.960 --> 01:20:37.880
you. So if that is the case where you believe that somebody is trying to sell you something
01:20:37.880 --> 01:20:42.560
and weaving an idea around you, then so is conversation. Conversation is also in common.
01:20:42.560 --> 01:20:47.400
Which is exactly, yeah, definitely. I mean, why do you think I am here on Twitter or you
01:20:47.400 --> 01:20:51.960
are here on Twitter? You are selling your persona, I am selling my persona and we want
01:20:51.960 --> 01:20:56.240
to engage with relevant people. I'm not saying anything. I'm just saying.
01:20:56.240 --> 01:21:07.680
Let's play it nice here, people. I will speak one by one. Don't speak and only another one.
01:21:07.680 --> 01:21:15.840
Yeah, Gogan, you can go ahead. Then we can go to Devashi and Amul, you can add your points
01:21:15.840 --> 01:21:20.840
as well.
01:21:20.840 --> 01:21:35.760
So the idea is, see, I don't think it's a sell idea. It's everyone's idea. It's something,
01:21:35.760 --> 01:21:40.280
so we cannot put a blanket statement to it or something. They say it's a waste of apples
01:21:40.280 --> 01:21:46.320
and they can't say that everything is a waste. I don't buy that idea. And if it's like that,
01:21:46.320 --> 01:21:52.640
well, on the contrary, what I think is that in their whole lifetime, when people achieve
01:21:52.640 --> 01:21:56.560
something, they do a lot of things and when they feel like, okay, that they want to pass
01:21:56.560 --> 01:22:02.760
on this knowledge to somebody else, they write one book, right? And when they write one book,
01:22:02.760 --> 01:22:08.720
they try to put everything they have learned, put maximum efforts to it, make sure that
01:22:08.720 --> 01:22:14.480
this stays and this passes on, right? And reaches the, you know, number of people they
01:22:14.480 --> 01:22:19.360
want to impact. So kind of book writing is kind of the best effort they're putting in
01:22:19.360 --> 01:22:22.840
something and it is one of the best jobs that they're doing.
01:22:22.840 --> 01:22:23.840
Yes.
01:22:23.840 --> 01:22:29.920
So I think if I read books, so like I have read this psychology of money, right? So I
01:22:29.920 --> 01:22:35.960
believe that is a great book and it is summary of a lot of things that I could not have learned.
01:22:35.960 --> 01:22:43.000
Yes, I think I agree. Books are good. Books are great. Books are bad. Books are dumb. And
01:22:43.000 --> 01:22:48.680
what I think Abul was talking about is the New York Times bestseller list. That's a list
01:22:48.680 --> 01:22:54.160
of all the dumb idiotic books. So you don't want to go there because anybody who ranks
01:22:54.160 --> 01:22:58.880
something is nonsense. You want to find out what is good for you and you can only do that
01:22:58.880 --> 01:23:04.240
by taking the books, read them, understand them, use them, apply them, throw them away,
01:23:04.240 --> 01:23:08.840
don't read them, do whatever you want, but it's about you doing the stuff. So I'll give
01:23:08.840 --> 01:23:15.360
you a very simple idea. The idea about a good product is not about the product. It's about
01:23:15.360 --> 01:23:20.560
the user of the product as to how the user is using the product. Same with books. It's
01:23:20.560 --> 01:23:25.040
not about the book. It's about the reader who is taking the book, consuming it, using
01:23:25.040 --> 01:23:31.360
it, applying it, doing shit out of it, making mistakes and dying out of it or making good
01:23:31.360 --> 01:23:37.480
things out of it. It's about the user, the reader. Books themselves are useful, but not
01:23:37.480 --> 01:23:45.440
every book is good and not every book is bad. It's the people how you make use of that counts.
01:23:45.440 --> 01:23:47.440
Keep going.
01:23:47.440 --> 01:23:53.160
Yeah. Here's what happens in this. Okay. And maybe that's when you miss the point that
01:23:53.160 --> 01:23:56.920
I was calling it a hypothesis. Okay. So when I say it is a hypothesis, by default, it doesn't
01:23:56.920 --> 01:24:03.520
mean everything. So please don't generalize that. And my hypothesis is this. Most books
01:24:03.520 --> 01:24:11.520
are written to be sold. Most books are written by people who want to be seen in a certain
01:24:11.520 --> 01:24:18.160
manner. I'm unsure if anybody has written a biography or autobiography and told the
01:24:18.160 --> 01:24:27.160
world all the bad things they have done in life. All of us want to be validated, engaged
01:24:27.160 --> 01:24:33.760
and valued. And which is what books are. Most of them are narratives. We mutate whatever
01:24:33.760 --> 01:24:41.240
reality to make sure we create a fiction out of it that can be a good story. Because good
01:24:41.240 --> 01:24:45.240
stories, by the way, are very rare. It's very difficult to create a series of events and
01:24:45.240 --> 01:24:50.000
say that, hey, everything added up. That's just us trying to fit a pattern there. So
01:24:50.000 --> 01:24:55.800
read about the concept of stories and anti-stories, by the way, folks. Again, hypothesis. I could
01:24:55.800 --> 01:25:04.480
be wrong so that people can go poking around, but 80-90% books are just propaganda or narratives.
01:25:04.480 --> 01:25:09.800
Try to understand. You are meant to experiment and learn on your own. 20 minutes spent on
01:25:09.800 --> 01:25:15.000
reading, 80 minutes spent on experimenting and building your own conviction. Don't trust
01:25:15.000 --> 01:25:19.800
me. Don't trust Nilesh. Don't trust anybody. Trust your experimentation to build your
01:25:19.800 --> 01:25:25.720
conviction because there is no silver bullet. Context is everything. So that's my hypothesis.
01:25:25.720 --> 01:25:31.120
Again, I could be wrong. I do agree with the last point, though, Amul, that 20% should
01:25:31.120 --> 01:25:36.720
be reading and 80% should be action because action is also the kind of great thing and
01:25:36.720 --> 01:25:43.080
makes results. Yes, Bahub would say Nike logo, just do it. He got offended when I inverted
01:25:43.080 --> 01:25:51.720
Nike logo. Yeah. Nike is kind of like my passion thing because it's such an emotion kind of
01:25:51.720 --> 01:25:56.640
thing. So, but I think we'll divide from the topical to go in that conversation. Yes, there
01:25:56.640 --> 01:26:04.480
are some. I just wanted to add this point. People go and read books and try to understand
01:26:04.480 --> 01:26:08.080
that. What is the intention of the author here? What is the story they are painting
01:26:08.080 --> 01:26:13.760
about themselves? And most likely you will understand that most books are narrative.
01:26:13.760 --> 01:26:18.520
And I'm saying most, not all. So few things are useful. Few books that talk about principles
01:26:18.520 --> 01:26:26.960
are useful. But most of them want you to feel entertained and engaged in it and not as much
01:26:26.960 --> 01:26:34.160
as you being effective. So try to be a little skeptical around that. That's my hypothesis.
01:26:34.160 --> 01:26:41.600
Thank you. Let's get in that discussion there. And anonymous, you have been here for a while.
01:26:41.600 --> 01:26:45.800
Not sure like what your profile is, but you can go ahead and mute and answer your question
01:26:45.800 --> 01:26:51.520
or ask your question. He's not just anonymous. He's unknown anonymous. He's unknown anonymous
01:26:51.520 --> 01:26:57.360
apparently. Unknown anonymous. Oh yeah, my bad. Because I think I only see the first
01:26:57.360 --> 01:27:17.680
few characters. No problem. Any language is okay.
01:27:17.680 --> 01:27:35.560
What
01:27:35.560 --> 01:27:37.560
You play music?
01:27:37.560 --> 01:27:39.560
I sing but I can't hear.
01:27:39.560 --> 01:27:41.560
You play music?
01:27:41.560 --> 01:27:43.560
Yes.
01:27:43.560 --> 01:27:45.560
You cook?
01:27:45.560 --> 01:27:47.560
Only for myself.
01:27:47.560 --> 01:27:49.560
I cook.
01:27:49.560 --> 01:27:51.560
You cook delicious food?
01:27:51.560 --> 01:27:53.560
To fill my stomach.
01:27:53.560 --> 01:27:55.560
I mean, I don't have that kind of talent.
01:27:55.560 --> 01:27:57.560
That's why I'm in tech.
01:27:57.560 --> 01:27:59.560
Tell me one thing that you did that you liked.
01:27:59.560 --> 01:28:01.560
One thing.
01:28:01.560 --> 01:28:03.560
Whatever it is.
01:28:03.560 --> 01:28:05.560
I can write.
01:28:05.560 --> 01:28:07.560
Then write.
01:28:07.560 --> 01:28:09.560
I can write.
01:28:09.560 --> 01:28:11.560
Then write.
01:28:11.560 --> 01:28:13.560
And write something that others like.
01:28:13.560 --> 01:28:15.560
Like do something for other people.
01:28:15.560 --> 01:28:17.560
That's how you start.
01:28:17.560 --> 01:28:19.560
Because that's the key to
01:28:19.560 --> 01:28:21.560
making money eventually.
01:28:21.560 --> 01:28:23.560
Where does the money come from?
01:28:23.560 --> 01:28:25.560
When they
01:28:25.560 --> 01:28:27.560
serve someone else.
01:28:27.560 --> 01:28:29.560
Help others.
01:28:29.560 --> 01:28:31.560
When you help other people,
01:28:31.560 --> 01:28:33.560
money is a side product.
01:28:33.560 --> 01:28:35.560
Byproduct of that process.
01:28:35.560 --> 01:28:37.560
It is not the outcome you want.
01:28:37.560 --> 01:28:39.560
It is the outcome you get.
01:28:39.560 --> 01:28:41.560
The outcome you want is satisfaction
01:28:41.560 --> 01:28:43.560
of the other person.
01:28:43.560 --> 01:28:45.560
Satisfy the other person.
01:28:45.560 --> 01:28:47.560
When he is satisfied,
01:28:47.560 --> 01:28:49.560
he will tell his friends.
01:28:49.560 --> 01:28:51.560
And his friends
01:28:51.560 --> 01:28:53.560
and all his friends will come to you.
01:28:53.560 --> 01:28:55.560
And then you will get money.
01:28:55.560 --> 01:28:57.560
So it's translating this into English.
01:28:57.560 --> 01:28:59.560
You want to help other people
01:28:59.560 --> 01:29:01.560
to satisfy what their objectives are.
01:29:01.560 --> 01:29:03.560
You want to understand what they're trying to accomplish
01:29:03.560 --> 01:29:05.560
and help them become successful.
01:29:05.560 --> 01:29:07.560
When your
01:29:07.560 --> 01:29:09.560
audience or whatever the other person is,
01:29:09.560 --> 01:29:11.560
he or she becomes successful,
01:29:11.560 --> 01:29:13.560
they go and talk about you with their friends.
01:29:13.560 --> 01:29:15.560
That is classic
01:29:15.560 --> 01:29:17.560
marketing. That's what you want.
01:29:17.560 --> 01:29:19.560
That's the best kind of marketing.
01:29:19.560 --> 01:29:21.560
When your customer
01:29:21.560 --> 01:29:23.560
or the person you're trying to help
01:29:23.560 --> 01:29:25.560
tells somebody, hey I know this guy.
01:29:25.560 --> 01:29:27.560
He's really really good. He helped me
01:29:27.560 --> 01:29:29.560
accomplish my goal.
01:29:29.560 --> 01:29:31.560
And so these other friends
01:29:31.560 --> 01:29:33.560
of his will come to you.
01:29:33.560 --> 01:29:35.560
And they'll not come alone.
01:29:35.560 --> 01:29:37.560
They'll bring their friends and family, uncles
01:29:37.560 --> 01:29:39.560
and aunties and everybody. They'll all come
01:29:39.560 --> 01:29:41.560
to you seeking help.
01:29:41.560 --> 01:29:43.560
And then you will see money coming in.
01:29:43.560 --> 01:29:45.560
That's how money comes.
01:29:51.560 --> 01:29:53.560
Don't chase money.
01:29:53.560 --> 01:29:55.560
Don't chase money.
01:29:55.560 --> 01:29:57.560
Chase money. Chase
01:29:57.560 --> 01:30:25.560
money.
01:30:25.560 --> 01:30:52.560
Go to
01:30:52.560 --> 01:30:53.560
go to
01:30:53.560 --> 01:31:00.120
what they want, what they want, and even if you have to work 2 miles away for it,
01:31:00.120 --> 01:31:03.160
but if you do that and give it value, then you get money.
01:31:03.160 --> 01:31:07.720
Because sometimes there are 8 things that you do for yourself, sitting idle.
01:31:07.720 --> 01:31:12.760
But if you want to earn money, then you have to understand and think about the world,
01:31:12.760 --> 01:31:15.320
and you have to do the work that you don't like.
01:31:15.320 --> 01:31:18.120
Meaning you have to make yourself understand.
01:31:18.120 --> 01:31:27.320
Today I have given myself a new title, J-level executive.
01:31:27.320 --> 01:31:29.320
J means janitor level executive.
01:31:29.320 --> 01:31:32.920
Janitor means janitor.
01:31:32.920 --> 01:31:37.240
So that is my new title, J-level executive.
01:31:37.240 --> 01:31:41.720
If you look at LinkedIn, you make yourself C-level, I am chief A, chief O.
01:31:41.720 --> 01:31:44.920
So I said I am J, janitor.
01:31:44.920 --> 01:31:52.520
I think you can just take some time.
01:31:52.520 --> 01:31:59.320
There are more questions here from other people, I don't know who came first.
01:31:59.320 --> 01:32:04.520
So Narayani, you want to go ahead, you have been here for part 1.
01:32:04.520 --> 01:32:11.320
Hi everyone, I think I am going to take lead from Shama and say Namaste everyone.
01:32:11.320 --> 01:32:13.320
I found that very interesting.
01:32:13.320 --> 01:32:16.920
Yeah, she is from France and she could say it so nicely.
01:32:16.920 --> 01:32:18.920
I think we should also try and say that.
01:32:18.920 --> 01:32:22.520
Nilesh, hi, it's a pleasure meeting you here on Spaces.
01:32:22.520 --> 01:32:27.720
So I had two questions, I wanted to know if I can take two questions.
01:32:27.720 --> 01:32:30.920
You can take as many as you want, go ahead.
01:32:30.920 --> 01:32:36.920
One is tech, the other is slightly tangential, it's non-tech.
01:32:36.920 --> 01:32:40.120
You've been a UPSC man, you've been in the government services,
01:32:40.120 --> 01:32:48.920
you're also a tech man today and I'm sure you're doing a few other things also parallelly.
01:32:48.920 --> 01:32:52.520
I'm in the recruitment space, I'm also allied to the tech industry
01:32:52.520 --> 01:32:59.720
but my heart bleeds when I see all the youngsters chasing only tech.
01:32:59.720 --> 01:33:06.320
I'm not saying it's bad, but when I see so many people try that and fail,
01:33:06.320 --> 01:33:10.520
I feel bad that tech is not made for everyone.
01:33:10.520 --> 01:33:12.720
We have to play on our strengths.
01:33:12.720 --> 01:33:18.520
Maybe there is somebody who is good in logistics, somebody who is good in painting,
01:33:18.520 --> 01:33:21.520
somebody who is good in some other trade.
01:33:21.520 --> 01:33:27.720
What can we do so that everybody is not chasing tech?
01:33:27.720 --> 01:33:31.720
How else can we change the system in our own small way?
01:33:31.720 --> 01:33:36.520
What can we do to contribute to telling these youngsters that
01:33:36.520 --> 01:33:38.320
everyone should not go into tech?
01:33:38.320 --> 01:33:44.320
There are more opportunities in the market, there are more opportunities in India.
01:33:44.320 --> 01:33:45.520
What can we do?
01:33:45.520 --> 01:33:49.120
I don't know if there is an answer to this but it's just a way of thinking.
01:33:49.120 --> 01:33:51.320
I got your question, I'll give you the answer.
01:33:51.320 --> 01:33:53.320
So that's one thing.
01:33:53.320 --> 01:33:56.520
So hold your second question.
01:33:56.520 --> 01:33:57.720
I'll answer this first.
01:33:57.720 --> 01:33:59.520
Okay, hold it.
01:33:59.520 --> 01:34:02.920
So your question was, why everybody go in tech?
01:34:02.920 --> 01:34:03.920
Why not something else?
01:34:03.920 --> 01:34:06.120
There are hundreds of other things to do.
01:34:06.120 --> 01:34:12.920
So my response to that is, whether it is Java, C++, C-sharp or God knows whatever language,
01:34:12.920 --> 01:34:14.520
they don't matter.
01:34:14.520 --> 01:34:16.120
I will say the same thing.
01:34:16.120 --> 01:34:19.520
Tech doesn't matter.
01:34:19.520 --> 01:34:21.320
I'll tell you what matters.
01:34:21.320 --> 01:34:25.320
And I already told you while talking to anonymous and I'll repeat that.
01:34:25.320 --> 01:34:29.120
What matters is how you make other people successful.
01:34:29.120 --> 01:34:34.520
Now whether you can do by sweeping their floor or making roti for them or cooking for them
01:34:34.520 --> 01:34:40.520
or do whatever it takes driving them around, you know, or writing C++ code for them or
01:34:40.520 --> 01:34:45.120
writing assembly language programming or whatever it takes to make them successful.
01:34:45.120 --> 01:34:46.720
That is the primary goal.
01:34:46.720 --> 01:34:51.920
However, you do that with tech, without tech is not the point.
01:34:51.920 --> 01:34:53.920
That is not the point.
01:34:53.920 --> 01:34:56.320
The point is to make other people successful.
01:34:56.320 --> 01:34:57.120
That's it.
01:34:57.120 --> 01:35:01.120
There's no other point in life.
01:35:01.120 --> 01:35:03.920
How you do that is your choice.
01:35:03.920 --> 01:35:08.520
And this tech craze comes from the fact that people tend to compare themselves with their
01:35:08.520 --> 01:35:09.520
colleagues and co-workers.
01:35:09.520 --> 01:35:11.120
My friend did this.
01:35:11.120 --> 01:35:13.320
I will also do this.
01:35:13.320 --> 01:35:18.520
That's the origin of this nonsense.
01:35:18.520 --> 01:35:19.720
Does that answer your question?
01:35:19.720 --> 01:35:23.320
There's another.
01:35:23.320 --> 01:35:27.320
Thank you for taking that.
01:35:27.320 --> 01:35:31.320
Nilesh, there was a small point in this.
01:35:31.320 --> 01:35:41.320
I think that in the world we live in, in India, there are a lot of lower middle class people
01:35:41.320 --> 01:35:45.320
who want to become middle class and so on and so forth.
01:35:45.320 --> 01:35:50.320
So what is the problem in primary life?
01:35:50.320 --> 01:35:55.320
The problem in primary life is to get enough food and rest.
01:35:55.320 --> 01:35:56.320
That's it.
01:35:56.320 --> 01:36:02.320
Every generation has a fad that there is more money in this.
01:36:02.320 --> 01:36:08.320
We are not a developed country like Finland where we will give you unemployment benefits.
01:36:08.320 --> 01:36:11.320
So that is not the case with us.
01:36:11.320 --> 01:36:17.320
Which means the primary driver for every generation, every decade is some kind of a field which is very popular.
01:36:17.320 --> 01:36:22.320
I think at your time, mechanical was that field in the 1970s and 80s.
01:36:22.320 --> 01:36:28.320
Everybody was into engineering or doctorate and if you become a mechanical engineer,
01:36:28.320 --> 01:36:32.320
you would get a job in sales or government jobs.
01:36:32.320 --> 01:36:34.320
The government jobs are still very crazy.
01:36:34.320 --> 01:36:37.320
This doesn't mean that children want to study for UPSC exams.
01:36:37.320 --> 01:36:40.320
This is that there is no money at home.
01:36:40.320 --> 01:36:43.320
My father had asked me to put it in the grocery store.
01:36:43.320 --> 01:36:45.320
Now I don't work in the grocery store.
01:36:45.320 --> 01:36:47.320
You can do engineering, you can study maths.
01:36:47.320 --> 01:36:52.320
Even if you don't do maths, you can read the book a hundred times in your head.
01:36:52.320 --> 01:36:54.320
So this is not a choice.
01:36:54.320 --> 01:36:59.320
This is a compulsion according to the system of our country.
01:36:59.320 --> 01:37:04.320
I don't know if you understand Hindi or not but this is not a choice.
01:37:04.320 --> 01:37:05.320
You do?
01:37:05.320 --> 01:37:06.320
Okay.
01:37:06.320 --> 01:37:08.320
So this is not our choice.
01:37:08.320 --> 01:37:10.320
I didn't come into tech because I didn't like tech.
01:37:10.320 --> 01:37:11.320
I didn't like tech at all.
01:37:11.320 --> 01:37:13.320
I wanted to become a Hindi poet.
01:37:13.320 --> 01:37:16.320
But my parents told me that my son is like this.
01:37:16.320 --> 01:37:18.320
They will make you sit in the grocery store.
01:37:18.320 --> 01:37:23.320
So either sit in the grocery store or earn some money by doing engineering.
01:37:23.320 --> 01:37:28.320
If they would have given me a Bachelor of Sweeping Technology, I would have done it.
01:37:28.320 --> 01:37:31.320
I used to get a job for Rs.25,000.
01:37:31.320 --> 01:37:35.320
So if I would have got a Bachelor of Sweeping Technology for Rs.25,000,
01:37:35.320 --> 01:37:36.320
I would have done it.
01:37:36.320 --> 01:37:39.320
They gave me a Bachelor of Computer Science and I did that.
01:37:39.320 --> 01:37:43.320
But I need two meals a day. For that, don't do any unethical work.
01:37:43.320 --> 01:37:45.320
But whatever you say, they will do it.
01:37:45.320 --> 01:37:47.320
Because we are businessmen.
01:37:47.320 --> 01:37:50.320
We should get some money and some comfort.
01:37:50.320 --> 01:37:55.320
The generation in which they are, I think if this will happen in 2030,
01:37:55.320 --> 01:37:57.320
then I will learn design.
01:37:57.320 --> 01:38:00.320
If in 2040 this will happen that if you get money by dancing,
01:38:00.320 --> 01:38:03.320
then I will get old but I will dance a little.
01:38:03.320 --> 01:38:06.320
Do you dance now?
01:38:06.320 --> 01:38:08.320
I dance for fun now.
01:38:08.320 --> 01:38:10.320
You have a good point, Amol.
01:38:10.320 --> 01:38:12.320
We do what everyone else is doing.
01:38:12.320 --> 01:38:16.320
Whether or not we have that capability or not,
01:38:16.320 --> 01:38:18.320
everyone is stuck in that.
01:38:18.320 --> 01:38:23.320
Sometimes I feel bad because I see so many young students,
01:38:23.320 --> 01:38:27.320
they choose tech and they fail in tech and they get stuck.
01:38:27.320 --> 01:38:30.320
They are stuck in that.
01:38:30.320 --> 01:38:34.320
It is aspirational, right? Everyone has to reach fang man.
01:38:34.320 --> 01:38:37.320
They don't play on their strengths.
01:38:37.320 --> 01:38:40.320
But then looking at it from your side,
01:38:40.320 --> 01:38:42.320
everyone has to do the same.
01:38:42.320 --> 01:38:45.320
It's a catch-22 situation.
01:38:45.320 --> 01:38:48.320
These are thoughts in my brain.
01:38:48.320 --> 01:38:51.320
So I just put it out because Vilesh was here.
01:38:51.320 --> 01:38:53.320
That's a very fair point.
01:38:53.320 --> 01:38:56.320
I also feel that there are many good things in life
01:38:56.320 --> 01:38:59.320
which should have the value of skill.
01:38:59.320 --> 01:39:03.320
But they don't have the value of skill and they are getting lost.
01:39:03.320 --> 01:39:05.320
For example, our Sanskrit language.
01:39:05.320 --> 01:39:10.320
Or there are so many other methods
01:39:10.320 --> 01:39:12.320
which are getting lost in our lives
01:39:12.320 --> 01:39:19.320
because they don't have a business outcome.
01:39:19.320 --> 01:39:23.320
They don't have a way to create a feasible business.
01:39:23.320 --> 01:39:28.320
The problem is that we don't have social security in our country.
01:39:28.320 --> 01:39:32.320
If I stop earning tomorrow,
01:39:32.320 --> 01:39:35.320
then who will pay the medical bills?
01:39:35.320 --> 01:39:37.320
Medical bills are so expensive.
01:39:37.320 --> 01:39:39.320
School fees are so high.
01:39:39.320 --> 01:39:41.320
If I think of doing something for my fun,
01:39:41.320 --> 01:39:43.320
then who will run this house?
01:39:43.320 --> 01:39:46.320
Our life gets lost in running the house.
01:39:46.320 --> 01:39:52.320
And 99% of us have this thought in our life
01:39:52.320 --> 01:39:54.320
that we should keep running the house.
01:39:54.320 --> 01:39:56.320
When it comes to running the house,
01:39:56.320 --> 01:40:03.320
we are against desires, strengths, aptitude,
01:40:03.320 --> 01:40:08.320
and all these luxuries.
01:40:08.320 --> 01:40:10.320
If I wanted to become a Hindi poet,
01:40:10.320 --> 01:40:12.320
then I would have become a good Hindi poet.
01:40:12.320 --> 01:40:14.320
But if I didn't earn two times a day,
01:40:14.320 --> 01:40:15.320
then how would I do it?
01:40:15.320 --> 01:40:17.320
Then I would have been sitting in the grocery store.
01:40:17.320 --> 01:40:19.320
Then no one would have listened to me on Twitter.
01:40:19.320 --> 01:40:23.320
So, I have become very wise.
01:40:23.320 --> 01:40:26.320
Okay, Nilesh, my second question, which is very, very tech.
01:40:26.320 --> 01:40:30.320
So recently I read that Amazon Prime video
01:40:30.320 --> 01:40:33.320
from microservices is moving to Mono.
01:40:33.320 --> 01:40:36.320
Yeah, I know the topic.
01:40:36.320 --> 01:40:38.320
Go ahead, question.
01:40:38.320 --> 01:40:41.320
So, we are all chasing microservices
01:40:41.320 --> 01:40:44.320
for the last five, six years or maybe more.
01:40:44.320 --> 01:40:46.320
Then suddenly there is a big guy who says,
01:40:46.320 --> 01:40:48.320
I'm shifting.
01:40:48.320 --> 01:40:52.320
What should we watch for,
01:40:52.320 --> 01:40:53.320
especially I'm a recruiter.
01:40:53.320 --> 01:40:55.320
I mean, I've got to be aware of what's happening
01:40:55.320 --> 01:40:56.320
in the tech industry.
01:40:56.320 --> 01:40:58.320
So, what do you think I should?
01:40:58.320 --> 01:41:00.320
Yeah, I'll tell you.
01:41:00.320 --> 01:41:02.320
So, there is this thing called,
01:41:02.320 --> 01:41:04.320
I'll speak in Hindi.
01:41:04.320 --> 01:41:07.320
One is a golden hammer.
01:41:07.320 --> 01:41:10.320
And one is a metal hammer.
01:41:10.320 --> 01:41:12.320
I'll now translate that into English.
01:41:12.320 --> 01:41:16.320
So, there are tools that a person who works with gold,
01:41:16.320 --> 01:41:17.320
goldsmith, he will use.
01:41:17.320 --> 01:41:21.320
And there are tools that a person who works with steel
01:41:21.320 --> 01:41:25.320
will use, the iron people, whatever they're called.
01:41:25.320 --> 01:41:27.320
So, the tools are different for different things.
01:41:27.320 --> 01:41:29.320
You can put a sledgehammer
01:41:29.320 --> 01:41:31.320
or you can use a delicate scalpel
01:41:31.320 --> 01:41:33.320
to accomplish certain tasks.
01:41:33.320 --> 01:41:35.320
So, there are things needed for different things.
01:41:35.320 --> 01:41:37.320
There are tools available for accomplishing
01:41:37.320 --> 01:41:40.320
the thing that you want to have.
01:41:40.320 --> 01:41:45.320
If you apply a sledgehammer to peel garlic,
01:41:45.320 --> 01:41:49.320
what will you get is a smush, right?
01:41:49.320 --> 01:41:53.320
And so, the idea is to use the right tool for the right job.
01:41:53.320 --> 01:41:56.320
And what you're asking me is about the use of microservices
01:41:56.320 --> 01:41:59.320
versus monolith architecture.
01:41:59.320 --> 01:42:02.320
So, the answer to that specific question is,
01:42:02.320 --> 01:42:06.320
I want you to read the Prime Video Tech blog
01:42:06.320 --> 01:42:08.320
one more time for yourself.
01:42:08.320 --> 01:42:12.320
And you will find out that the blog doesn't even talk about
01:42:12.320 --> 01:42:15.320
everybody should migrate to monolith.
01:42:15.320 --> 01:42:19.320
It doesn't talk about microservices are dead.
01:42:19.320 --> 01:42:23.320
It talks about a specific thing that only applies
01:42:23.320 --> 01:42:25.320
to Prime Video Technology
01:42:25.320 --> 01:42:27.320
in terms of how the interprocess communication
01:42:27.320 --> 01:42:32.320
is saving them money by aggregating them into a monolith
01:42:32.320 --> 01:42:36.320
for a specific use case after having so many years
01:42:36.320 --> 01:42:38.320
of working with microservices
01:42:38.320 --> 01:42:42.320
and grown into a bigger infrastructure.
01:42:42.320 --> 01:42:45.320
So, now it makes sense for that particular use case
01:42:45.320 --> 01:42:46.320
to consolidate.
01:42:46.320 --> 01:42:50.320
And therefore, they did it for that use case.
01:42:50.320 --> 01:42:53.320
It doesn't mean microservices are dead.
01:42:53.320 --> 01:42:57.320
It doesn't mean that the only way is to go with a big machine.
01:42:57.320 --> 01:43:00.320
That's not the idea.
01:43:00.320 --> 01:43:05.320
So, bottom line is to read your blog one more time.
01:43:05.320 --> 01:43:07.320
Got that. Got that.
01:43:07.320 --> 01:43:08.320
Thanks, Nilesh. Thank you.
01:43:08.320 --> 01:43:12.320
You're welcome.
01:43:12.320 --> 01:43:13.320
Next, please.
01:43:13.320 --> 01:43:16.320
Thanks, Bhavo. Thanks for giving the mic.
01:43:16.320 --> 01:43:20.320
Thank you. Thank you. Thank you for joining us.
01:43:20.320 --> 01:43:21.320
Yeah.
01:43:21.320 --> 01:43:23.320
So, I think...
01:43:23.320 --> 01:43:25.320
I want to add one thing, Narayani.
01:43:25.320 --> 01:43:28.320
And the doubt that you had
01:43:28.320 --> 01:43:31.320
that how did the narrative of monolith
01:43:31.320 --> 01:43:34.320
change from microservices?
01:43:34.320 --> 01:43:37.320
So, the devil is in the details.
01:43:37.320 --> 01:43:40.320
And as I said, you'll hear a little bit about
01:43:40.320 --> 01:43:43.320
whenever we do information aggregation,
01:43:43.320 --> 01:43:46.320
there is a loss of information.
01:43:46.320 --> 01:43:47.320
Correct?
01:43:47.320 --> 01:43:50.320
So, you can say the value of any distribution of data
01:43:50.320 --> 01:43:53.320
is its mean value, average value is 5.
01:43:53.320 --> 01:43:56.320
But that 5 value can be distributed in any way.
01:43:56.320 --> 01:43:57.320
So, what happened?
01:43:57.320 --> 01:43:59.320
All the things that you read from news sources,
01:43:59.320 --> 01:44:01.320
the headlines of news sources,
01:44:01.320 --> 01:44:03.320
or the things that are said above,
01:44:03.320 --> 01:44:04.320
that is aggregation.
01:44:04.320 --> 01:44:06.320
Because their work is approximation.
01:44:06.320 --> 01:44:08.320
They can't print the whole blog in detail.
01:44:08.320 --> 01:44:10.320
And the approximation
01:44:10.320 --> 01:44:11.320
requires information loss.
01:44:11.320 --> 01:44:14.320
As I said, if you make 30 rows of data into one row,
01:44:14.320 --> 01:44:16.320
the details of 30 rows are lost.
01:44:16.320 --> 01:44:18.320
There is only one thing left.
01:44:18.320 --> 01:44:21.320
And that one thing can be right or wrong.
01:44:21.320 --> 01:44:23.320
What happened in this case?
01:44:23.320 --> 01:44:26.320
And again, I'll push the narrative once.
01:44:26.320 --> 01:44:28.320
If people had said that
01:44:28.320 --> 01:44:30.320
when I read the blog,
01:44:30.320 --> 01:44:34.320
monolith and microservices are a decent mix.
01:44:34.320 --> 01:44:36.320
There is no major change.
01:44:36.320 --> 01:44:40.320
So, you don't read their LinkedIn blog post or news.
01:44:40.320 --> 01:44:42.320
So, what did the influencers do?
01:44:42.320 --> 01:44:44.320
They said things that made you feel good.
01:44:44.320 --> 01:44:45.320
Correct.
01:44:45.320 --> 01:44:48.320
That made you feel happy, sad, or tensed.
01:44:48.320 --> 01:44:51.320
Or you felt, wow, this is a new thing.
01:44:51.320 --> 01:44:53.320
Because they write to entertain.
01:44:53.320 --> 01:44:55.320
And the things written to entertain
01:44:55.320 --> 01:44:57.320
are often a bit false.
01:44:57.320 --> 01:44:59.320
Because they are fitting a narrative.
01:44:59.320 --> 01:45:02.320
And because of this, this whole narrative has been made.
01:45:02.320 --> 01:45:05.320
Oh no, microservices have become useless.
01:45:05.320 --> 01:45:07.320
Now monolith will work.
01:45:07.320 --> 01:45:09.320
This story was set because
01:45:09.320 --> 01:45:12.320
they approximated the information in this way
01:45:12.320 --> 01:45:14.320
so that you can be entertained.
01:45:14.320 --> 01:45:18.320
Otherwise, how do you like the LinkedIn post or Twitter post?
01:45:18.320 --> 01:45:22.320
I think I can be wrong, obviously.
01:45:24.320 --> 01:45:26.320
Thank you.
01:45:26.320 --> 01:45:30.320
Next, please.
01:45:32.320 --> 01:45:34.320
There are a couple of hands here.
01:45:34.320 --> 01:45:36.320
Hi, Nilesh.
01:45:36.320 --> 01:45:38.320
Hi.
01:45:38.320 --> 01:45:40.320
Hello.
01:45:40.320 --> 01:45:44.320
I have a question that I want to ask directly.
01:45:44.320 --> 01:45:47.320
Basically, I have been working on Azure AWS GCP
01:45:47.320 --> 01:45:50.320
in the cloud for the last three years.
01:45:50.320 --> 01:45:52.320
Let me say one simple thing.
01:45:52.320 --> 01:45:54.320
Yes.
01:45:54.320 --> 01:45:56.320
Go ahead.
01:45:58.320 --> 01:46:00.320
I don't know.
01:46:00.320 --> 01:46:02.320
Go ahead.
01:46:02.320 --> 01:46:04.320
Don't know.
01:46:04.320 --> 01:46:06.320
Go ahead.
01:46:06.320 --> 01:46:08.320
Well, that's a good one.
01:46:08.320 --> 01:46:10.320
So I was just saying that
01:46:10.320 --> 01:46:12.320
I wanted to use some accounts
01:46:12.320 --> 01:46:14.320
to practice Handzone Labs.
01:46:14.320 --> 01:46:16.320
So I was confused between three platforms.
01:46:16.320 --> 01:46:20.320
A Cloud Guru, Vizlabs and Cloud Academy.
01:46:20.320 --> 01:46:22.320
So all three provide services.
01:46:22.320 --> 01:46:24.320
The cheapest one is Vizlabs.
01:46:24.320 --> 01:46:26.320
If I split it with two people,
01:46:26.320 --> 01:46:30.320
it would cost Rs. 4,000 per year.
01:46:30.320 --> 01:46:32.320
I can do that for just Rs. 4,000.
01:46:32.320 --> 01:46:34.320
So I was just...
01:46:34.320 --> 01:46:36.320
Can you share a bit about that?
01:46:36.320 --> 01:46:38.320
If you have any review about that?
01:46:38.320 --> 01:46:42.320
Or should I just take any one of three
01:46:42.320 --> 01:46:46.320
and just start working on the services?
01:46:46.320 --> 01:46:48.320
So you know what's happening here is
01:46:48.320 --> 01:46:50.320
that you are asking Apple computer company,
01:46:50.320 --> 01:46:52.320
the iPhone company,
01:46:52.320 --> 01:46:56.320
should I buy Samsung or my phone?
01:46:56.320 --> 01:46:58.320
Or should I buy another Android?
01:46:58.320 --> 01:47:00.320
You are asking Apple.
01:47:00.320 --> 01:47:02.320
That's what you just did, by the way.
01:47:02.320 --> 01:47:04.320
I'll tell you in English now.
01:47:04.320 --> 01:47:06.320
What you just did
01:47:06.320 --> 01:47:08.320
is asking the Apple CEO
01:47:08.320 --> 01:47:10.320
what should I buy in Android?
01:47:10.320 --> 01:47:14.320
Let me tell you why I say that.
01:47:14.320 --> 01:47:16.320
I am a school.
01:47:16.320 --> 01:47:18.320
I run an educational institution
01:47:18.320 --> 01:47:20.320
from my home.
01:47:20.320 --> 01:47:26.320
And I charge $13,140 for a two-month course.
01:47:26.320 --> 01:47:30.320
I am not even joking.
01:47:30.320 --> 01:47:32.320
You talked about these companies
01:47:32.320 --> 01:47:34.320
that I don't even know of.
01:47:34.320 --> 01:47:36.320
I heard their names, though.
01:47:36.320 --> 01:47:38.320
But they are supposed to be my competition.
01:47:38.320 --> 01:47:40.320
I don't think there is anybody
01:47:40.320 --> 01:47:42.320
that competes with me.
01:47:42.320 --> 01:47:46.320
I don't know anybody who charges like I do.
01:47:46.320 --> 01:47:48.320
I know the precise answer to your question
01:47:48.320 --> 01:47:50.320
about these companies that you mentioned.
01:47:50.320 --> 01:47:52.320
Because I don't care.
01:47:52.320 --> 01:47:54.320
What I care about
01:47:54.320 --> 01:47:58.320
is the people who come to join my programs.
01:47:58.320 --> 01:48:00.320
And that's what I care about.
01:48:00.320 --> 01:48:02.320
I care about their success.
01:48:02.320 --> 01:48:04.320
So to precisely answer your question,
01:48:04.320 --> 01:48:06.320
I don't know.
01:48:06.320 --> 01:48:08.320
Okay, sure.
01:48:08.320 --> 01:48:10.320
I was unaware.
01:48:10.320 --> 01:48:12.320
I should have researched more.
01:48:12.320 --> 01:48:20.320
Next, please.
01:48:20.320 --> 01:48:24.320
I hope that I am pronouncing that correctly, though.
01:48:24.320 --> 01:48:28.320
You are up next.
01:48:28.320 --> 01:48:30.320
Can you hear me?
01:48:30.320 --> 01:48:32.320
Yes.
01:48:32.320 --> 01:48:34.320
Hello.
01:48:34.320 --> 01:48:36.320
Yes, we can hear you.
01:48:36.320 --> 01:48:38.320
Thank you very much, guys.
01:48:38.320 --> 01:48:40.320
I don't understand Hindu.
01:48:40.320 --> 01:48:42.320
I think most of the conversation
01:48:42.320 --> 01:48:44.320
I did not follow up.
01:48:44.320 --> 01:48:46.320
My question is,
01:48:46.320 --> 01:48:48.320
Nilesh,
01:48:48.320 --> 01:48:50.320
thank you very much
01:48:50.320 --> 01:48:52.320
for this space.
01:48:52.320 --> 01:48:54.320
I could not get a lot of what you were saying.
01:48:54.320 --> 01:48:56.320
But I was really interested
01:48:56.320 --> 01:48:58.320
in the first part where you started.
01:48:58.320 --> 01:49:00.320
Because I am currently still working.
01:49:00.320 --> 01:49:02.320
I switch calls.
01:49:02.320 --> 01:49:04.320
You said you left
01:49:04.320 --> 01:49:06.320
with your child and your wife.
01:49:06.320 --> 01:49:08.320
You left for the U.S.
01:49:08.320 --> 01:49:10.320
and then, yeah, the whole story.
01:49:10.320 --> 01:49:12.320
So I am actually in that kind of place right now.
01:49:12.320 --> 01:49:14.320
I am just 25.
01:49:14.320 --> 01:49:16.320
I am already married.
01:49:16.320 --> 01:49:18.320
But I still have this fear of leaving my country.
01:49:18.320 --> 01:49:20.320
I am doing fine currently.
01:49:20.320 --> 01:49:22.320
But I believe there is probably something
01:49:22.320 --> 01:49:24.320
better that I can actually do outside.
01:49:24.320 --> 01:49:26.320
But I still have this fear.
01:49:26.320 --> 01:49:28.320
Let me give you background.
01:49:28.320 --> 01:49:30.320
I am the third out of a family of seven.
01:49:30.320 --> 01:49:32.320
And right now,
01:49:32.320 --> 01:49:34.320
I think most like my family depends on me.
01:49:34.320 --> 01:49:36.320
Like the income I actually make.
01:49:36.320 --> 01:49:38.320
In a U.S. based company.
01:49:38.320 --> 01:49:40.320
But I work remotely.
01:49:40.320 --> 01:49:42.320
And I actually want to further my studies.
01:49:42.320 --> 01:49:44.320
But I still have this, okay, the family is actually
01:49:44.320 --> 01:49:46.320
dependent on me.
01:49:46.320 --> 01:49:48.320
If I want to actually go out now,
01:49:48.320 --> 01:49:50.320
I would actually probably go out by school.
01:49:50.320 --> 01:49:52.320
Which means I would probably leave my job
01:49:52.320 --> 01:49:54.320
and then start working.
01:49:54.320 --> 01:49:56.320
So that transition phase is what is probably still tying me down.
01:49:56.320 --> 01:49:58.320
I would actually want to apply for schools
01:49:58.320 --> 01:50:00.320
or apply for jobs that would take me outside.
01:50:00.320 --> 01:50:02.320
But I still have this fear that, okay,
01:50:02.320 --> 01:50:04.320
what would happen to my family when I leave?
01:50:04.320 --> 01:50:06.320
Right now, everything is just on me.
01:50:06.320 --> 01:50:08.320
So I don't know how to actually go about it.
01:50:08.320 --> 01:50:10.320
So what I actually did was
01:50:10.320 --> 01:50:12.320
currently I am trying to like set up a business
01:50:12.320 --> 01:50:14.320
for them. But it's really, really
01:50:14.320 --> 01:50:16.320
eating me up like very, very much.
01:50:16.320 --> 01:50:18.320
And that's where I currently am. Like I'm very
01:50:18.320 --> 01:50:20.320
confused. Like
01:50:20.320 --> 01:50:22.320
yes. And
01:50:22.320 --> 01:50:24.320
I don't just know what to do.
01:50:24.320 --> 01:50:26.320
So I will give you my perspective
01:50:26.320 --> 01:50:28.320
on what I understood from you. And I think
01:50:28.320 --> 01:50:30.320
it's a very general answer. But I
01:50:30.320 --> 01:50:32.320
think you might take inferences from
01:50:32.320 --> 01:50:34.320
it to apply to your situation.
01:50:34.320 --> 01:50:36.320
Imagine that
01:50:36.320 --> 01:50:38.320
you are lying on the floor
01:50:38.320 --> 01:50:40.320
on the ground in a football
01:50:40.320 --> 01:50:42.320
field. You're flat.
01:50:44.320 --> 01:50:46.320
Now in that situation, can
01:50:46.320 --> 01:50:48.320
you fall?
01:50:48.320 --> 01:50:50.320
No, you cannot fall because
01:50:50.320 --> 01:50:52.320
you're already on the ground, right?
01:50:52.320 --> 01:50:54.320
So that is what I
01:50:54.320 --> 01:50:56.320
call low spot
01:50:56.320 --> 01:50:58.320
in your life. That's the lowest
01:50:58.320 --> 01:51:00.320
you can go. Fall on the
01:51:00.320 --> 01:51:02.320
ground flat in
01:51:02.320 --> 01:51:04.320
a football field.
01:51:04.320 --> 01:51:06.320
Can you go lower? No.
01:51:06.320 --> 01:51:08.320
Not possible unless you start digging.
01:51:08.320 --> 01:51:10.320
Not possible.
01:51:10.320 --> 01:51:12.320
So that is the
01:51:12.320 --> 01:51:14.320
base level.
01:51:14.320 --> 01:51:16.320
You reach that level. And when you
01:51:16.320 --> 01:51:18.320
are there, the only
01:51:18.320 --> 01:51:20.320
thing you can do is to grow and go
01:51:20.320 --> 01:51:22.320
up.
01:51:22.320 --> 01:51:24.320
So what you should focus
01:51:24.320 --> 01:51:26.320
on when you are feeling afraid
01:51:26.320 --> 01:51:28.320
is to elevate
01:51:28.320 --> 01:51:30.320
your Plan B.
01:51:30.320 --> 01:51:32.320
Elevate Plan B. What does it
01:51:32.320 --> 01:51:34.320
mean? It means the ground
01:51:34.320 --> 01:51:36.320
that you're lying on is actually the
01:51:36.320 --> 01:51:38.320
alternative because what you want is
01:51:38.320 --> 01:51:40.320
something better. You want to go
01:51:40.320 --> 01:51:42.320
to the next level, the higher level.
01:51:42.320 --> 01:51:44.320
Like you want to go reach the stars,
01:51:44.320 --> 01:51:46.320
the moon, whatever it is. So you
01:51:46.320 --> 01:51:48.320
want to elevate your ground
01:51:48.320 --> 01:51:50.320
itself.
01:51:50.320 --> 01:51:52.320
And that is what you should focus on
01:51:52.320 --> 01:51:54.320
to reduce the fear that you have.
01:51:54.320 --> 01:51:56.320
Because you suddenly are
01:51:56.320 --> 01:51:58.320
at a higher level ground.
01:51:58.320 --> 01:52:00.320
And when you are on the higher level
01:52:00.320 --> 01:52:02.320
ground, you're better than the previous level
01:52:02.320 --> 01:52:04.320
ground, but you're still
01:52:04.320 --> 01:52:06.320
slightly better. And you keep
01:52:06.320 --> 01:52:08.320
improving your worst case
01:52:08.320 --> 01:52:10.320
scenario.
01:52:10.320 --> 01:52:12.320
Keep improving the worst possible thing
01:52:12.320 --> 01:52:14.320
that could happen is what you should
01:52:14.320 --> 01:52:16.320
prepare for and hope
01:52:16.320 --> 01:52:18.320
you will reach the moon.
01:52:18.320 --> 01:52:20.320
That's how you overcome
01:52:20.320 --> 01:52:22.320
fear. You overcome
01:52:22.320 --> 01:52:24.320
fear by improving your worst
01:52:24.320 --> 01:52:26.320
possible situation, the
01:52:26.320 --> 01:52:28.320
evil, most bad situation.
01:52:28.320 --> 01:52:30.320
Improve it. Other
01:52:30.320 --> 01:52:32.320
things will automatically improve
01:52:32.320 --> 01:52:34.320
as a consequence.
01:52:34.320 --> 01:52:36.320
Because
01:52:36.320 --> 01:52:38.320
that's called BATNA.
01:52:38.320 --> 01:52:40.320
You can search it on Google. I will
01:52:40.320 --> 01:52:42.320
spell it for you. B
01:52:42.320 --> 01:52:44.320
A T
01:52:44.320 --> 01:52:46.320
N A
01:52:46.320 --> 01:52:48.320
BATNA. Best
01:52:48.320 --> 01:52:50.320
alternative
01:52:50.320 --> 01:52:52.320
to a negotiated agreement.
01:52:52.320 --> 01:52:54.320
It's a negotiations
01:52:54.320 --> 01:52:56.320
phrase. You can read more about it,
01:52:56.320 --> 01:52:58.320
BATNA. Always improve
01:52:58.320 --> 01:53:00.320
your BATNA.
01:53:00.320 --> 01:53:02.320
That's the worst possible situation for you.
01:53:02.320 --> 01:53:04.320
That's where the fear comes from.
01:53:04.320 --> 01:53:06.320
Fear comes from
01:53:06.320 --> 01:53:08.320
a potential disaster.
01:53:08.320 --> 01:53:10.320
And so if you
01:53:10.320 --> 01:53:12.320
elevate your ground,
01:53:12.320 --> 01:53:14.320
a little bit higher every day.
01:53:14.320 --> 01:53:16.320
Maybe every other day.
01:53:16.320 --> 01:53:18.320
However slow. But you're
01:53:18.320 --> 01:53:20.320
reducing your fear level. And when
01:53:20.320 --> 01:53:22.320
your fear reduces, you improve.
01:53:22.320 --> 01:53:24.320
And you're able to accomplish your better
01:53:24.320 --> 01:53:26.320
goal easier.
01:53:26.320 --> 01:53:28.320
That's a general way of thinking.
01:53:28.320 --> 01:53:30.320
BATNA.
01:53:30.320 --> 01:53:32.320
B A T N A.
01:53:32.320 --> 01:53:34.320
Google it.
01:53:34.320 --> 01:53:36.320
Okay.
01:53:36.320 --> 01:53:38.320
So thank you. Thank you very much.
01:53:38.320 --> 01:53:40.320
Yeah. And also I want
01:53:40.320 --> 01:53:42.320
to quickly speak to Narain
01:53:42.320 --> 01:53:44.320
Narayani. I don't know if I'm pronouncing
01:53:44.320 --> 01:53:46.320
that right. Okay.
01:53:46.320 --> 01:53:48.320
So you actually said you're into recruiting.
01:53:48.320 --> 01:53:50.320
And yeah, I just want to use this chance
01:53:50.320 --> 01:53:52.320
to actually talk about the product I'm actually
01:53:52.320 --> 01:53:54.320
building. So
01:53:54.320 --> 01:53:56.320
the whole layoff, people are currently being
01:53:56.320 --> 01:53:58.320
laid off. And people are actually also coming into
01:53:58.320 --> 01:54:00.320
tech newly. So with the
01:54:00.320 --> 01:54:02.320
use of generative AI, I am
01:54:02.320 --> 01:54:04.320
actually trying to like go to the internet on a daily
01:54:04.320 --> 01:54:06.320
basis, look for jobs, generate
01:54:06.320 --> 01:54:08.320
cover letters, CVs, and mock
01:54:08.320 --> 01:54:10.320
interviews for each job. I actually look for anybody.
01:54:10.320 --> 01:54:12.320
So that's actually what I'm doing currently.
01:54:12.320 --> 01:54:14.320
I'm building Jobanauts. So
01:54:14.320 --> 01:54:16.320
I just said I should actually share it as well.
01:54:16.320 --> 01:54:18.320
It's like a side project I'm
01:54:18.320 --> 01:54:20.320
actually building. And possibly
01:54:20.320 --> 01:54:22.320
I would build it to actually look for
01:54:22.320 --> 01:54:24.320
probably look for investors and then scale it higher.
01:54:24.320 --> 01:54:26.320
So I sent you a message. Since you
01:54:26.320 --> 01:54:28.320
actually said you're into recruiting,
01:54:28.320 --> 01:54:30.320
probably we can have a quick call and
01:54:30.320 --> 01:54:32.320
yeah, talk about how we can
01:54:32.320 --> 01:54:34.320
be of help to ourselves and also people looking for
01:54:34.320 --> 01:54:36.320
jobs. Thank you.
01:54:36.320 --> 01:54:38.320
Sure. I just responded to your DM.
01:54:38.320 --> 01:54:44.320
Thank you.
01:54:44.320 --> 01:54:46.320
So I hope this
01:54:46.320 --> 01:54:48.320
conversation will go to the end.
01:54:48.320 --> 01:54:50.320
Then Mirish should be
01:54:50.320 --> 01:54:52.320
the next speaker.
01:54:52.320 --> 01:54:54.320
Next please.
01:54:54.320 --> 01:54:56.320
Alright, alright. So
01:54:56.320 --> 01:54:58.320
this another name is also
01:54:58.320 --> 01:55:00.320
very difficult for me to pronounce. It's
01:55:00.320 --> 01:55:02.320
Yas or Hars? Johan.
01:55:02.320 --> 01:55:04.320
The surname I'm pretty sure of.
01:55:04.320 --> 01:55:06.320
Yas.
01:55:06.320 --> 01:55:08.320
Just like in Punjabi.
01:55:08.320 --> 01:55:10.320
Jasvinder Chauhan.
01:55:10.320 --> 01:55:12.320
I was also thinking of the same thing.
01:55:12.320 --> 01:55:14.320
No, actually I'm a chain.
01:55:14.320 --> 01:55:16.320
Yeah, just me.
01:55:16.320 --> 01:55:18.320
Sorry, what's your name?
01:55:18.320 --> 01:55:20.320
I had a question.
01:55:20.320 --> 01:55:22.320
So you mentioned about
01:55:22.320 --> 01:55:24.320
the skill of thinking.
01:55:26.320 --> 01:55:28.320
Am I audible?
01:55:30.320 --> 01:55:32.320
Yeah, you're audible.
01:55:32.320 --> 01:55:34.320
You mentioned about
01:55:34.320 --> 01:55:36.320
skill of thinking. So according
01:55:36.320 --> 01:55:38.320
to me, I think that the thinking
01:55:38.320 --> 01:55:40.320
is a double-edged sword.
01:55:40.320 --> 01:55:42.320
The way you think and what you think
01:55:42.320 --> 01:55:44.320
can create or destroy you.
01:55:44.320 --> 01:55:46.320
So how do you
01:55:46.320 --> 01:55:48.320
suggest to
01:55:50.320 --> 01:55:52.320
develop the skill of thinking
01:55:52.320 --> 01:55:54.320
in a correct way?
01:55:58.320 --> 01:56:00.320
So how you develop the way to
01:56:00.320 --> 01:56:02.320
think, the way the
01:56:02.320 --> 01:56:04.320
thinking skill, how do you do that?
01:56:04.320 --> 01:56:06.320
You do it by thinking about it.
01:56:06.320 --> 01:56:08.320
That was a dumb joke.
01:56:08.320 --> 01:56:10.320
I think it comes from experience.
01:56:10.320 --> 01:56:12.320
It's about
01:56:12.320 --> 01:56:14.320
the basic origin of thinking
01:56:14.320 --> 01:56:16.320
is...
01:56:16.320 --> 01:56:18.320
Oops.
01:56:18.320 --> 01:56:20.320
Ouch.
01:56:20.320 --> 01:56:22.320
Lagi. Chot lagi na.
01:56:22.320 --> 01:56:24.320
Tam akal aati hai.
01:56:24.320 --> 01:56:26.320
Kiya re, idhar nahi jaana chahi hai.
01:56:26.320 --> 01:56:28.320
Yeh bachpan se hota hai. When you're a kid,
01:56:28.320 --> 01:56:30.320
you try to approach a fireplace,
01:56:30.320 --> 01:56:32.320
you burn your hand, you
01:56:32.320 --> 01:56:34.320
learn. You think about,
01:56:34.320 --> 01:56:36.320
oh, I should not go to the fire.
01:56:36.320 --> 01:56:38.320
That's when thinking starts.
01:56:38.320 --> 01:56:40.320
It is through your
01:56:40.320 --> 01:56:42.320
senses that you detect around you
01:56:42.320 --> 01:56:44.320
and you say, oops.
01:56:44.320 --> 01:56:46.320
Yeh toh galat hai. Garam hai.
01:56:46.320 --> 01:56:48.320
Chatka lagega. Shock lagega.
01:56:48.320 --> 01:56:50.320
This happens. That happens. So it
01:56:50.320 --> 01:56:52.320
is through negative feedback that you
01:56:52.320 --> 01:56:54.320
learn and you start to think about,
01:56:54.320 --> 01:56:56.320
hey, I should not put my finger in the
01:56:56.320 --> 01:56:58.320
electricity outlet.
01:56:58.320 --> 01:57:00.320
I mean, that's an extreme case, but
01:57:00.320 --> 01:57:02.320
I've done it, by the way. Yes,
01:57:02.320 --> 01:57:04.320
as an electrical engineering student,
01:57:04.320 --> 01:57:06.320
I put my hand in
01:57:06.320 --> 01:57:08.320
the...
01:57:08.320 --> 01:57:10.320
I'm just joking. I did not do that.
01:57:10.320 --> 01:57:12.320
What I actually did is I took
01:57:12.320 --> 01:57:14.320
an ampere meter and connected straight
01:57:14.320 --> 01:57:16.320
to the mains outlet. And the whole
01:57:16.320 --> 01:57:18.320
college electricity supply
01:57:18.320 --> 01:57:20.320
was out.
01:57:20.320 --> 01:57:22.320
I did that a long time ago, 83.
01:57:22.320 --> 01:57:24.320
Yeah, because I was trying to
01:57:24.320 --> 01:57:26.320
measure the short circuit current.
01:57:26.320 --> 01:57:28.320
And I used a
01:57:28.320 --> 01:57:30.320
heavy ampere meter to measure the amperes.
01:57:30.320 --> 01:57:32.320
How much amperes can come out?
01:57:32.320 --> 01:57:34.320
Let me measure it. And I said, boom.
01:57:34.320 --> 01:57:36.320
And then the whole
01:57:36.320 --> 01:57:38.320
light went off. That was expected.
01:57:38.320 --> 01:57:40.320
But that's how you learn.
01:57:40.320 --> 01:57:42.320
People talk about infinite
01:57:42.320 --> 01:57:44.320
current. If you short circuit something,
01:57:44.320 --> 01:57:46.320
it'll produce infinite current. I
01:57:46.320 --> 01:57:48.320
want to measure it. So I did measurement.
01:57:48.320 --> 01:57:50.320
You know what I'm talking about?
01:57:50.320 --> 01:57:52.320
That's how you measure.
01:57:52.320 --> 01:57:54.320
That's how you learn. Oh, that should not
01:57:54.320 --> 01:57:56.320
be the case, because there is something that is not
01:57:56.320 --> 01:57:58.320
infinite. It's not going to be infinite.
01:57:58.320 --> 01:58:00.320
Before that, the fuse will blow off.
01:58:00.320 --> 01:58:02.320
Or trip or
01:58:02.320 --> 01:58:04.320
will trip.
01:58:08.320 --> 01:58:10.320
Does that answer your question about how to think?
01:58:10.320 --> 01:58:12.320
It is very natural.
01:58:20.320 --> 01:58:22.320
By the way, Just, what is your name?
01:58:22.320 --> 01:58:24.320
What is your full name? Just Preet or Just Vinder?
01:58:24.320 --> 01:58:26.320
I didn't get that part.
01:58:26.320 --> 01:58:28.320
It's only
01:58:28.320 --> 01:58:30.320
Just Chauhan.
01:58:30.320 --> 01:58:32.320
Thank you.
01:58:40.320 --> 01:58:42.320
Yes, yes. Go ahead. Next one, please.
01:58:42.320 --> 01:58:44.320
But all right, all right.
01:58:44.320 --> 01:58:46.320
So Nakul has been here for a while
01:58:46.320 --> 01:58:48.320
as well. Nakul, you want to go
01:58:48.320 --> 01:58:50.320
ahead?
01:58:50.320 --> 01:58:52.320
So the question
01:58:52.320 --> 01:58:54.320
is,
01:58:54.320 --> 01:58:56.320
let's say India has the most
01:58:56.320 --> 01:58:58.320
working population. They are
01:58:58.320 --> 01:59:00.320
in 20 to 30.
01:59:00.320 --> 01:59:02.320
So there are so much
01:59:02.320 --> 01:59:04.320
employees right now. Everybody
01:59:04.320 --> 01:59:06.320
wants jobs.
01:59:06.320 --> 01:59:08.320
There will be so much
01:59:08.320 --> 01:59:10.320
coming into the industry for a while.
01:59:14.320 --> 01:59:16.320
So for a person like me who is just
01:59:16.320 --> 01:59:18.320
starting and who is seeing this competition
01:59:18.320 --> 01:59:20.320
and I'm ready to work
01:59:20.320 --> 01:59:22.320
for, I
01:59:22.320 --> 01:59:24.320
know where I am, so I'm willing to work
01:59:24.320 --> 01:59:26.320
because I need to work for
01:59:26.320 --> 01:59:28.320
my situation to get better.
01:59:28.320 --> 01:59:30.320
And so will everybody
01:59:30.320 --> 01:59:32.320
think, everybody will think like
01:59:32.320 --> 01:59:34.320
this only. So what are
01:59:34.320 --> 01:59:36.320
your views? How can we
01:59:36.320 --> 01:59:38.320
be prepared for
01:59:38.320 --> 01:59:40.320
all this situation?
01:59:40.320 --> 01:59:42.320
I'll tell you. Yes,
01:59:42.320 --> 01:59:44.320
yes. It's a very good question. It's a very good
01:59:44.320 --> 01:59:46.320
question. I'll answer it the way I think.
01:59:46.320 --> 01:59:48.320
So here is how you think.
01:59:48.320 --> 01:59:50.320
You have in your family,
01:59:50.320 --> 01:59:52.320
you have two kids, for example,
01:59:52.320 --> 01:59:54.320
and the dad brings
01:59:54.320 --> 01:59:56.320
home chocolate,
01:59:56.320 --> 01:59:58.320
two chocolate
01:59:58.320 --> 02:00:00.320
bars, Cadbury's Dairy Milk,
02:00:00.320 --> 02:00:02.320
two of them. Brings it home,
02:00:02.320 --> 02:00:04.320
gives one to each child.
02:00:04.320 --> 02:00:06.320
Both children are
02:00:06.320 --> 02:00:08.320
happy to get
02:00:08.320 --> 02:00:10.320
that chocolate candy bar and they're enjoying
02:00:10.320 --> 02:00:12.320
it and awesome and they feel very good about
02:00:12.320 --> 02:00:14.320
it. Both
02:00:14.320 --> 02:00:16.320
of them, what they actually do is cut it
02:00:16.320 --> 02:00:18.320
in half and put the other half in the refrigerator,
02:00:18.320 --> 02:00:20.320
eat the half for now and they will have
02:00:20.320 --> 02:00:22.320
some tomorrow. Nice.
02:00:22.320 --> 02:00:24.320
Now what happens is
02:00:24.320 --> 02:00:26.320
this dad
02:00:26.320 --> 02:00:28.320
gets
02:00:28.320 --> 02:00:30.320
three or four hundred candy bars
02:00:30.320 --> 02:00:32.320
home next day. Four hundred
02:00:32.320 --> 02:00:34.320
Cadbury's Dairy Milk
02:00:34.320 --> 02:00:36.320
brings it home
02:00:36.320 --> 02:00:38.320
and gives
02:00:38.320 --> 02:00:40.320
two hundred to each child.
02:00:40.320 --> 02:00:42.320
What do you think the
02:00:42.320 --> 02:00:44.320
child will feel about the
02:00:44.320 --> 02:00:46.320
35th candy bar?
02:00:48.320 --> 02:00:50.320
Candy bar number 35.
02:00:50.320 --> 02:00:52.320
What do you think they will think about it?
02:00:52.320 --> 02:00:54.320
Not that
02:00:54.320 --> 02:00:56.320
impressive. Not exactly.
02:00:56.320 --> 02:00:58.320
I am bored of
02:00:58.320 --> 02:01:00.320
eating that stupid Cadbury's Dairy Milk.
02:01:00.320 --> 02:01:02.320
I already had like five of them.
02:01:02.320 --> 02:01:04.320
I don't even want anymore.
02:01:04.320 --> 02:01:06.320
So what I was talking about is demand
02:01:06.320 --> 02:01:08.320
and supply.
02:01:08.320 --> 02:01:10.320
When you have too much of supply of candy
02:01:10.320 --> 02:01:12.320
bars, the value of a candy
02:01:12.320 --> 02:01:14.320
bar to the person who is consuming it
02:01:14.320 --> 02:01:16.320
is basically
02:01:16.320 --> 02:01:18.320
diminishing rapidly.
02:01:18.320 --> 02:01:20.320
That is what is happening
02:01:20.320 --> 02:01:22.320
in India. Too many people.
02:01:22.320 --> 02:01:24.320
And
02:01:24.320 --> 02:01:26.320
too few jobs.
02:01:26.320 --> 02:01:28.320
So what do you do?
02:01:28.320 --> 02:01:30.320
You get ready for becoming the 35th
02:01:30.320 --> 02:01:32.320
candy bar.
02:01:32.320 --> 02:01:34.320
You are good. You are Dairy Milk Cadbury's.
02:01:34.320 --> 02:01:36.320
Right. It's awesome. I like it.
02:01:36.320 --> 02:01:38.320
I eat myself.
02:01:38.320 --> 02:01:40.320
And so the problem is
02:01:40.320 --> 02:01:42.320
the first candy bar, the second candy
02:01:42.320 --> 02:01:44.320
bar, good. The 35th
02:01:44.320 --> 02:01:46.320
candy bar, not so great.
02:01:46.320 --> 02:01:48.320
And that's what
02:01:48.320 --> 02:01:50.320
everybody thinks they are. The 37th
02:01:50.320 --> 02:01:52.320
candy bar, the 38th candy bar.
02:01:52.320 --> 02:01:54.320
Like how will you now survive? Nobody wants
02:01:54.320 --> 02:01:56.320
you. So what do you do?
02:01:56.320 --> 02:01:58.320
You stop
02:01:58.320 --> 02:02:00.320
chasing that stupid
02:02:00.320 --> 02:02:02.320
job. Don't do it.
02:02:02.320 --> 02:02:04.320
Don't chase it.
02:02:04.320 --> 02:02:06.320
Everybody, even in the US,
02:02:06.320 --> 02:02:08.320
thinks about getting a job
02:02:08.320 --> 02:02:10.320
because that's what they're told. They're told
02:02:10.320 --> 02:02:12.320
to get a job, grow, educate
02:02:12.320 --> 02:02:14.320
yourself, get a job.
02:02:14.320 --> 02:02:16.320
Go get a job.
02:02:16.320 --> 02:02:18.320
Don't just sit around. That's a fair
02:02:18.320 --> 02:02:20.320
thing. A fair assessment. Parents tell you
02:02:20.320 --> 02:02:22.320
all the time.
02:02:22.320 --> 02:02:24.320
But the origins of this job
02:02:24.320 --> 02:02:26.320
thing, or get a job, go get
02:02:26.320 --> 02:02:28.320
a job, work for a company in
02:02:28.320 --> 02:02:30.320
Fang Company, Mamta
02:02:30.320 --> 02:02:32.320
Company. Mamta stands for Microsoft
02:02:32.320 --> 02:02:34.320
Apple, Meta,
02:02:34.320 --> 02:02:36.320
Amazon,
02:02:36.320 --> 02:02:38.320
some tea company, I don't know what,
02:02:38.320 --> 02:02:40.320
and another
02:02:40.320 --> 02:02:42.320
A company. So there is some acronym. People
02:02:42.320 --> 02:02:44.320
have made up Fang Acronym and Mamta
02:02:44.320 --> 02:02:46.320
Acronym. God knows what.
02:02:46.320 --> 02:02:48.320
The point is that
02:02:48.320 --> 02:02:50.320
this thinking about going to work for an
02:02:50.320 --> 02:02:52.320
employer
02:02:52.320 --> 02:02:54.320
is an old way of thinking.
02:02:54.320 --> 02:02:56.320
Cut it out.
02:02:56.320 --> 02:02:58.320
See, the universities were established in
02:02:58.320 --> 02:03:00.320
1800s and 1900s
02:03:00.320 --> 02:03:02.320
to train people so that they can
02:03:02.320 --> 02:03:04.320
become good employees.
02:03:04.320 --> 02:03:06.320
So
02:03:06.320 --> 02:03:08.320
essentially that's the reason why we
02:03:08.320 --> 02:03:10.320
have universities, the modern
02:03:10.320 --> 02:03:12.320
university system and the grade
02:03:12.320 --> 02:03:14.320
12 schooling system and then
02:03:14.320 --> 02:03:16.320
four-year degree courses and all that
02:03:16.320 --> 02:03:18.320
are meant to produce good,
02:03:18.320 --> 02:03:20.320
obedient,
02:03:20.320 --> 02:03:22.320
hardworking employees
02:03:22.320 --> 02:03:24.320
who will keep working
02:03:24.320 --> 02:03:26.320
all their life.
02:03:26.320 --> 02:03:28.320
You don't want to get
02:03:28.320 --> 02:03:30.320
in that trap. You want to
02:03:30.320 --> 02:03:32.320
actually disassociate from that
02:03:32.320 --> 02:03:34.320
game altogether because you are
02:03:34.320 --> 02:03:36.320
likely to become the 35th
02:03:36.320 --> 02:03:38.320
candy bar.
02:03:38.320 --> 02:03:40.320
The fact of life.
02:03:40.320 --> 02:03:42.320
There are just too many of us
02:03:42.320 --> 02:03:44.320
in India and in China.
02:03:44.320 --> 02:03:46.320
Same thing. No difference.
02:03:46.320 --> 02:03:48.320
Just too many of us.
02:03:48.320 --> 02:03:50.320
Too few jobs.
02:03:50.320 --> 02:03:52.320
So don't go in that direction.
02:03:52.320 --> 02:03:54.320
Find something different. And how
02:03:54.320 --> 02:03:56.320
do you think about finding something different?
02:03:56.320 --> 02:03:58.320
The simplest way to think about
02:03:58.320 --> 02:04:00.320
it, I think I already mentioned. I'm going to mention
02:04:00.320 --> 02:04:02.320
it the third time.
02:04:02.320 --> 02:04:04.320
Find a way to make
02:04:04.320 --> 02:04:06.320
somebody else successful.
02:04:06.320 --> 02:04:08.320
That's it.
02:04:08.320 --> 02:04:10.320
Whatever it may be.
02:04:10.320 --> 02:04:12.320
Whatever it may be. Doesn't even matter what
02:04:12.320 --> 02:04:14.320
you're doing. It has nothing to do
02:04:14.320 --> 02:04:16.320
with technology or any other
02:04:16.320 --> 02:04:18.320
skill set. It is to identify
02:04:18.320 --> 02:04:20.320
how to make other people successful.
02:04:20.320 --> 02:04:22.320
Whatever it is.
02:04:22.320 --> 02:04:24.320
Drive a car, drive a taxi, make tea,
02:04:24.320 --> 02:04:26.320
open a paan shop.
02:04:26.320 --> 02:04:28.320
It doesn't matter.
02:04:28.320 --> 02:04:30.320
There are people from IITs, I know I
02:04:30.320 --> 02:04:32.320
just heard from somebody.
02:04:32.320 --> 02:04:34.320
There is a thing called IIT
02:04:34.320 --> 02:04:36.320
Pani Puri Wali
02:04:36.320 --> 02:04:38.320
in Delhi. There is a thing
02:04:38.320 --> 02:04:40.320
called IIT graduate from New Delhi
02:04:40.320 --> 02:04:42.320
and she is selling
02:04:42.320 --> 02:04:44.320
salwar kameez in
02:04:44.320 --> 02:04:46.320
Karnat place for several years
02:04:46.320 --> 02:04:48.320
now. There is absolutely
02:04:48.320 --> 02:04:50.320
nothing wrong with that. In fact,
02:04:50.320 --> 02:04:52.320
it's a great idea.
02:04:52.320 --> 02:04:54.320
If you are able to
02:04:54.320 --> 02:04:56.320
make people happy about the salwar they wear
02:04:56.320 --> 02:04:58.320
and the clothing that they wear,
02:04:58.320 --> 02:05:00.320
and you are able to produce them and give it to them
02:05:00.320 --> 02:05:02.320
every single time they want something new and bring out
02:05:02.320 --> 02:05:04.320
new innovative products and provide it to them
02:05:04.320 --> 02:05:06.320
to make the people who are buying your
02:05:06.320 --> 02:05:08.320
products, your clothing,
02:05:08.320 --> 02:05:10.320
it is the exact thing you should be
02:05:10.320 --> 02:05:12.320
doing.
02:05:12.320 --> 02:05:14.320
And so that is how you should think
02:05:14.320 --> 02:05:16.320
about chasing a job and
02:05:16.320 --> 02:05:18.320
chasing everybody doing JavaScript
02:05:18.320 --> 02:05:20.320
is not going to work.
02:05:20.320 --> 02:05:22.320
And I tell the same thing
02:05:22.320 --> 02:05:24.320
to my employees. They are not actually employees
02:05:24.320 --> 02:05:26.320
because I don't have any.
02:05:26.320 --> 02:05:28.320
What I have is transient workers
02:05:28.320 --> 02:05:30.320
who are what I call remote workers.
02:05:30.320 --> 02:05:32.320
They work whenever I need something, I will assign
02:05:32.320 --> 02:05:34.320
the task, they will do the task, I pay them money.
02:05:34.320 --> 02:05:36.320
And then I find a new
02:05:36.320 --> 02:05:38.320
task and they do the task and they do it for
02:05:38.320 --> 02:05:40.320
me and I give them money. And I had been
02:05:40.320 --> 02:05:42.320
doing this for many, many years.
02:05:42.320 --> 02:05:44.320
Close to 14 now.
02:05:44.320 --> 02:05:46.320
More than 14 actually.
02:05:46.320 --> 02:05:48.320
So it is not a full-time
02:05:48.320 --> 02:05:50.320
employee that I have, but I do have work.
02:05:50.320 --> 02:05:52.320
And I do that work that I want
02:05:52.320 --> 02:05:54.320
to give it to the people that I work,
02:05:54.320 --> 02:05:56.320
that work for me or the
02:05:56.320 --> 02:05:58.320
task that I don't want to do.
02:05:58.320 --> 02:06:00.320
I outsource them.
02:06:00.320 --> 02:06:02.320
So the
02:06:02.320 --> 02:06:04.320
thing that you should do
02:06:04.320 --> 02:06:06.320
and the thing that you should outsource
02:06:06.320 --> 02:06:08.320
comes from
02:06:08.320 --> 02:06:10.320
what Prahalad calls
02:06:10.320 --> 02:06:12.320
core competence.
02:06:12.320 --> 02:06:14.320
What is core competence?
02:06:14.320 --> 02:06:16.320
It is something that you
02:06:16.320 --> 02:06:18.320
really know how to do better than anybody
02:06:18.320 --> 02:06:20.320
else on the planet.
02:06:20.320 --> 02:06:22.320
So what is my core competence?
02:06:22.320 --> 02:06:24.320
My core competence is talking.
02:06:24.320 --> 02:06:26.320
I talk.
02:06:26.320 --> 02:06:28.320
So other people understand.
02:06:28.320 --> 02:06:30.320
I talk
02:06:30.320 --> 02:06:32.320
technology. So even a
02:06:32.320 --> 02:06:34.320
five-year-old can understand Linux.
02:06:36.320 --> 02:06:38.320
That's what I do.
02:06:38.320 --> 02:06:40.320
And that...
02:06:40.320 --> 02:06:42.320
I am not finished.
02:06:42.320 --> 02:06:44.320
Stand by.
02:06:44.320 --> 02:06:46.320
Stand by.
02:06:46.320 --> 02:06:48.320
I will tell you the core
02:06:48.320 --> 02:06:50.320
competence idea very clearly
02:06:50.320 --> 02:06:52.320
because I learned it from Prahalad.
02:06:52.320 --> 02:06:54.320
So if you
02:06:54.320 --> 02:06:56.320
imagine that you are a surgeon,
02:06:56.320 --> 02:06:58.320
like a heart surgeon who will do
02:06:58.320 --> 02:07:00.320
brain operation, heart operation, like really
02:07:00.320 --> 02:07:02.320
specialized surgeon, and you
02:07:02.320 --> 02:07:04.320
are in your home and it is nice
02:07:04.320 --> 02:07:06.320
and sunny outside
02:07:06.320 --> 02:07:08.320
and you have a backyard with grass
02:07:08.320 --> 02:07:10.320
and lots of tall grasses growing
02:07:10.320 --> 02:07:12.320
and you want that to be cut.
02:07:12.320 --> 02:07:14.320
In your next-door neighbor,
02:07:14.320 --> 02:07:16.320
there is a
02:07:16.320 --> 02:07:18.320
21-year-old handsome man
02:07:18.320 --> 02:07:20.320
who lives and
02:07:20.320 --> 02:07:22.320
he has a lawnmower and he is
02:07:22.320 --> 02:07:24.320
physically fit.
02:07:24.320 --> 02:07:26.320
And so what should you
02:07:26.320 --> 02:07:28.320
be doing if you want your lawn to be mowed?
02:07:28.320 --> 02:07:30.320
Should you mow the lawn
02:07:30.320 --> 02:07:32.320
yourself?
02:07:32.320 --> 02:07:34.320
Or should you pay the neighbor $20
02:07:34.320 --> 02:07:36.320
and have that person come into
02:07:36.320 --> 02:07:38.320
your home and cut the lawn for you?
02:07:38.320 --> 02:07:40.320
What's the right answer?
02:07:40.320 --> 02:07:42.320
I'll tell you more.
02:07:42.320 --> 02:07:44.320
It is a Saturday afternoon.
02:07:44.320 --> 02:07:46.320
It is nice and sunny.
02:07:46.320 --> 02:07:48.320
You are home
02:07:48.320 --> 02:07:50.320
drinking chai.
02:07:50.320 --> 02:07:52.320
You have nothing else to do.
02:07:52.320 --> 02:07:54.320
And
02:07:54.320 --> 02:07:56.320
you see the grass and your
02:07:56.320 --> 02:07:58.320
wife is complaining,
02:07:58.320 --> 02:08:00.320
so what should you do?
02:08:00.320 --> 02:08:02.320
Like invite the neighbor,
02:08:02.320 --> 02:08:04.320
give him $20 and have him cut
02:08:04.320 --> 02:08:06.320
or you should cut it yourself.
02:08:06.320 --> 02:08:08.320
That's one scenario.
02:08:08.320 --> 02:08:10.320
The other scenario
02:08:10.320 --> 02:08:12.320
is it is Monday morning.
02:08:12.320 --> 02:08:14.320
That's it.
02:08:14.320 --> 02:08:16.320
That's the only difference.
02:08:16.320 --> 02:08:18.320
So Monday morning you are supposed to be going to surgery
02:08:18.320 --> 02:08:20.320
and on Saturday
02:08:20.320 --> 02:08:22.320
afternoon you are sitting home
02:08:22.320 --> 02:08:24.320
and doing nothing.
02:08:24.320 --> 02:08:26.320
The grass is grown and you want to cut it.
02:08:26.320 --> 02:08:28.320
There is a neighbor available.
02:08:28.320 --> 02:08:30.320
What's the right answer?
02:08:30.320 --> 02:08:32.320
What would you do on Saturday?
02:08:32.320 --> 02:08:34.320
What would you do on Monday?
02:08:34.320 --> 02:08:36.320
And why?
02:08:36.320 --> 02:08:38.320
On Saturday
02:08:38.320 --> 02:08:40.320
I will cut myself
02:08:40.320 --> 02:08:42.320
and on Monday I am doing something important
02:08:42.320 --> 02:08:44.320
so I will delegate it.
02:08:44.320 --> 02:08:46.320
Why would you cut it yourself?
02:08:46.320 --> 02:08:48.320
You are a surgeon, you make $500,000
02:08:48.320 --> 02:08:50.320
a year
02:08:50.320 --> 02:08:52.320
and you want to cut grass?
02:08:52.320 --> 02:08:54.320
Is that what you should be doing?
02:08:54.320 --> 02:08:56.320
Is that your core competence?
02:08:56.320 --> 02:08:58.320
No.
02:08:58.320 --> 02:09:00.320
Yeah.
02:09:00.320 --> 02:09:02.320
What?
02:09:02.320 --> 02:09:04.320
Is it your core competence to cut grass?
02:09:04.320 --> 02:09:06.320
No, no.
02:09:06.320 --> 02:09:08.320
But should you cut the grass on a Saturday?
02:09:08.320 --> 02:09:10.320
Yeah.
02:09:10.320 --> 02:09:12.320
Yes, you should.
02:09:12.320 --> 02:09:14.320
Why?
02:09:14.320 --> 02:09:16.320
Because the opportunity cost of your time
02:09:16.320 --> 02:09:18.320
you are doing nothing
02:09:18.320 --> 02:09:20.320
and you will save $20 by not giving it to the other guy
02:09:20.320 --> 02:09:22.320
you are physically capable, you can cut the lawn yourself.
02:09:22.320 --> 02:09:24.320
On a Monday
02:09:24.320 --> 02:09:26.320
you should be outsourcing.
02:09:26.320 --> 02:09:28.320
You should be
02:09:28.320 --> 02:09:30.320
focusing on the surgery operation
02:09:30.320 --> 02:09:32.320
that you are supposed to be doing at the hospital
02:09:32.320 --> 02:09:34.320
and not cutting grass.
02:09:34.320 --> 02:09:36.320
Outsource it on a Monday
02:09:36.320 --> 02:09:38.320
do it yourself on a Saturday, Sunday.
02:09:38.320 --> 02:09:40.320
So that's how you
02:09:40.320 --> 02:09:42.320
operate, that's how you think about
02:09:42.320 --> 02:09:44.320
assigning tasks to other people.
02:09:44.320 --> 02:09:46.320
So what I am telling you in terms of
02:09:46.320 --> 02:09:48.320
assigning things that you do versus
02:09:48.320 --> 02:09:50.320
assigning things that other people do for you
02:09:50.320 --> 02:09:52.320
you can do that in India.
02:09:52.320 --> 02:09:54.320
In fact there are
02:09:54.320 --> 02:09:56.320
people in India I know that outsource
02:09:56.320 --> 02:09:58.320
it to even poorer countries.
02:09:58.320 --> 02:10:00.320
I am not joking.
02:10:00.320 --> 02:10:02.320
There are things like that happen even
02:10:02.320 --> 02:10:04.320
in India where India outsources to
02:10:04.320 --> 02:10:06.320
Vietnam. I have seen it.
02:10:06.320 --> 02:10:08.320
The point
02:10:08.320 --> 02:10:10.320
I am trying to communicate to you
02:10:10.320 --> 02:10:12.320
is to find a thing that
02:10:12.320 --> 02:10:14.320
somebody will get happy about.
02:10:14.320 --> 02:10:16.320
Somebody else.
02:10:16.320 --> 02:10:18.320
Your customer. Find
02:10:18.320 --> 02:10:20.320
that one customer. I am not even talking about
02:10:20.320 --> 02:10:22.320
a customer market segment and all that
02:10:22.320 --> 02:10:24.320
big thing like people talk about.
02:10:24.320 --> 02:10:26.320
Make a market analysis and what is your target audience.
02:10:26.320 --> 02:10:28.320
All that bullshit. No. Just one.
02:10:28.320 --> 02:10:30.320
One person you make them
02:10:30.320 --> 02:10:32.320
successful and that begins
02:10:32.320 --> 02:10:34.320
the story
02:10:34.320 --> 02:10:36.320
of them telling the other people.
02:10:36.320 --> 02:10:38.320
And they will bring new customers.
02:10:38.320 --> 02:10:40.320
And then you find out what you are supposed to
02:10:40.320 --> 02:10:42.320
be doing, what you should be doing, what you are good
02:10:42.320 --> 02:10:44.320
at and what you don't like. You outsource
02:10:44.320 --> 02:10:46.320
some of it slowly over time.
02:10:46.320 --> 02:10:48.320
Don't rush into outsourcing.
02:10:48.320 --> 02:10:50.320
But do what you like and sometimes you have to
02:10:50.320 --> 02:10:52.320
do things that you don't like because what the goal
02:10:52.320 --> 02:10:54.320
is to make them successful. That one person.
02:10:54.320 --> 02:10:56.320
That's what
02:10:56.320 --> 02:10:58.320
you should be focusing on if you are finding
02:10:58.320 --> 02:11:00.320
that you are not landing jobs
02:11:00.320 --> 02:11:02.320
after jobs after jobs after
02:11:02.320 --> 02:11:04.320
tons of interviews and still don't get a job.
02:11:04.320 --> 02:11:06.320
Maybe you should go on Upwork
02:11:06.320 --> 02:11:08.320
or other places
02:11:08.320 --> 02:11:10.320
where you can find a task.
02:11:10.320 --> 02:11:12.320
Take the task. Do it. Get paid.
02:11:12.320 --> 02:11:14.320
Repeat. Take the task.
02:11:14.320 --> 02:11:16.320
Get paid. Take the task. Do it.
02:11:16.320 --> 02:11:18.320
Get paid. All the time people do that.
02:11:18.320 --> 02:11:20.320
There are people who make
02:11:20.320 --> 02:11:22.320
5 million dollars on Upwork.
02:11:22.320 --> 02:11:24.320
I know some of them.
02:11:24.320 --> 02:11:26.320
They work
02:11:26.320 --> 02:11:28.320
for other people.
02:11:28.320 --> 02:11:30.320
On Upwork.com
02:11:30.320 --> 02:11:32.320
I don't know if you hear that but
02:11:32.320 --> 02:11:34.320
if you know
02:11:34.320 --> 02:11:36.320
the word Upwork or not I don't know.
02:11:36.320 --> 02:11:38.320
Maybe it is not.
02:11:38.320 --> 02:11:40.320
There is nothing wrong with
02:11:40.320 --> 02:11:42.320
Upwork. It's heavy competition there by the way
02:11:42.320 --> 02:11:44.320
so you have to really identify what you can do
02:11:44.320 --> 02:11:46.320
and you begin small and you will grow.
02:11:46.320 --> 02:11:48.320
It's a slow and painful process.
02:11:50.320 --> 02:11:52.320
But better than knocking your head
02:11:52.320 --> 02:11:54.320
around hundreds of hundreds of companies and not getting
02:11:54.320 --> 02:11:56.320
anything you want.
02:11:56.320 --> 02:11:58.320
Even if you get a job you still have to go
02:11:58.320 --> 02:12:00.320
8 hours every day
02:12:00.320 --> 02:12:02.320
and slog and drive in
02:12:02.320 --> 02:12:04.320
traffic for 5 hours in
02:12:04.320 --> 02:12:06.320
Bangalore I hear. It's heavy
02:12:06.320 --> 02:12:08.320
these days apparently.
02:12:08.320 --> 02:12:10.320
You have to drive 3 hours in one
02:12:10.320 --> 02:12:12.320
direction and come another 3 hours
02:12:12.320 --> 02:12:14.320
in another direction. Ouch.
02:12:16.320 --> 02:12:18.320
Whereas in case of Upwork
02:12:18.320 --> 02:12:20.320
you work from home.
02:12:20.320 --> 02:12:22.320
That's a remote work right there.
02:12:22.320 --> 02:12:24.320
You don't have to go anywhere like I do.
02:12:24.320 --> 02:12:26.320
I don't go anywhere. I sit home.
02:12:26.320 --> 02:12:28.320
Like right here. That is my office.
02:12:28.320 --> 02:12:30.320
Yes.
02:12:30.320 --> 02:12:32.320
I don't go out anywhere at all
02:12:32.320 --> 02:12:34.320
unless I want to.
02:12:34.320 --> 02:12:36.320
I haven't
02:12:36.320 --> 02:12:38.320
worn a proper pant
02:12:38.320 --> 02:12:40.320
suit for 14 years.
02:12:40.320 --> 02:12:42.320
I am still right now even in right now
02:12:42.320 --> 02:12:44.320
I am in a pajama.
02:12:44.320 --> 02:12:46.320
I run my formal sessions in a pajama
02:12:46.320 --> 02:12:48.320
because nobody sees the pajama.
02:12:48.320 --> 02:12:50.320
They see only my face on the camera.
02:12:50.320 --> 02:12:52.320
They have seen me.
02:12:56.320 --> 02:12:58.320
I hope that answers your question.
02:12:58.320 --> 02:13:00.320
We'll go with the next one.
02:13:00.320 --> 02:13:02.320
One more.
02:13:02.320 --> 02:13:04.320
Just a little add on.
02:13:04.320 --> 02:13:06.320
Does this
02:13:06.320 --> 02:13:08.320
integration
02:13:08.320 --> 02:13:10.320
fits well or not? Tell me that
02:13:10.320 --> 02:13:12.320
in this age, means in this scenario
02:13:12.320 --> 02:13:14.320
it will be hard
02:13:14.320 --> 02:13:16.320
to make money or not?
02:13:16.320 --> 02:13:18.320
I missed.
02:13:18.320 --> 02:13:20.320
I'm so sorry.
02:13:20.320 --> 02:13:22.320
Missed. Please speak again.
02:13:22.320 --> 02:13:24.320
The scenario where India
02:13:24.320 --> 02:13:26.320
is in.
02:13:26.320 --> 02:13:28.320
Is it will be
02:13:28.320 --> 02:13:30.320
making money will be hard?
02:13:30.320 --> 02:13:32.320
So making money is hard
02:13:32.320 --> 02:13:34.320
not just in India but everywhere.
02:13:34.320 --> 02:13:36.320
Everywhere it is a challenge.
02:13:36.320 --> 02:13:38.320
It is a struggle for even people in this
02:13:38.320 --> 02:13:40.320
country.
02:13:40.320 --> 02:13:42.320
So sorry. Say again.
02:13:42.320 --> 02:13:44.320
Nothing for
02:13:44.320 --> 02:13:46.320
me.
02:13:46.320 --> 02:13:48.320
Because we are
02:13:48.320 --> 02:13:50.320
the most working population
02:13:50.320 --> 02:13:52.320
it doesn't matter
02:13:52.320 --> 02:13:54.320
for making money.
02:13:56.320 --> 02:13:58.320
No, I didn't understand.
02:13:58.320 --> 02:14:00.320
I didn't understand.
02:14:00.320 --> 02:14:02.320
Now there are
02:14:02.320 --> 02:14:04.320
many working populations
02:14:04.320 --> 02:14:06.320
so is it
02:14:06.320 --> 02:14:08.320
easy to make money
02:14:08.320 --> 02:14:10.320
or is it hard?
02:14:10.320 --> 02:14:12.320
It is very difficult.
02:14:12.320 --> 02:14:14.320
Whether the population is less or more
02:14:14.320 --> 02:14:16.320
making money is very difficult because
02:14:16.320 --> 02:14:18.320
it shouldn't be our goal.
02:14:18.320 --> 02:14:20.320
I told you. Making money is not
02:14:20.320 --> 02:14:22.320
the goal. It is not a goal
02:14:22.320 --> 02:14:24.320
at all. It's a by-product.
02:14:24.320 --> 02:14:26.320
Your goal has to be clear.
02:14:26.320 --> 02:14:28.320
It's to help other people succeed.
02:14:28.320 --> 02:14:30.320
That's
02:14:30.320 --> 02:14:32.320
the end of story.
02:14:34.320 --> 02:14:36.320
Money is a by-product. It will come.
02:14:36.320 --> 02:14:42.320
It will come slowly but definitely.
02:14:46.320 --> 02:14:48.320
Thank you, Nilesh.
02:14:48.320 --> 02:14:50.320
Thanks, Nikul
02:14:50.320 --> 02:14:52.320
for having your time being with us.
02:14:52.320 --> 02:14:54.320
Do you like that idea, Nilesh?
02:14:54.320 --> 02:14:56.320
By the way
02:14:56.320 --> 02:14:58.320
I also rephrased one of your lines.
02:14:58.320 --> 02:15:00.320
You only need to be right
02:15:00.320 --> 02:15:02.320
once.
02:15:02.320 --> 02:15:04.320
You can just expand and try
02:15:04.320 --> 02:15:06.320
everything and you need to be right once.
02:15:06.320 --> 02:15:08.320
Fail hundreds
02:15:08.320 --> 02:15:10.320
of times. Hundreds of thousands of times
02:15:10.320 --> 02:15:12.320
you fail. That's
02:15:12.320 --> 02:15:14.320
what leads to success.
02:15:14.320 --> 02:15:16.320
Eventually. You have to fail.
02:15:16.320 --> 02:15:18.320
You have to be happy with failures.
02:15:18.320 --> 02:15:20.320
I failed. You may have
02:15:20.320 --> 02:15:22.320
seen when I run live sessions every week
02:15:22.320 --> 02:15:24.320
I fail in a live session
02:15:24.320 --> 02:15:26.320
even today. Yesterday there was one.
02:15:26.320 --> 02:15:28.320
I failed. It's okay.
02:15:28.320 --> 02:15:30.320
Everybody does. What's the problem?
02:15:30.320 --> 02:15:32.320
I don't even polish
02:15:32.320 --> 02:15:34.320
my talk, my presentations.
02:15:34.320 --> 02:15:36.320
I don't use PowerPoint when I talk.
02:15:36.320 --> 02:15:38.320
It's all live
02:15:38.320 --> 02:15:40.320
and all real. And I fail
02:15:40.320 --> 02:15:42.320
all the time. And I cheat
02:15:42.320 --> 02:15:44.320
left and right by doing Google searches,
02:15:44.320 --> 02:15:46.320
chat, GPT, this, that, copy paste.
02:15:46.320 --> 02:15:48.320
Everything is okay. That's how
02:15:48.320 --> 02:15:50.320
real life is.
02:15:50.320 --> 02:15:52.320
That's how you code by copy pasting
02:15:52.320 --> 02:15:54.320
from Stack Overflow. Don't you?
02:15:54.320 --> 02:15:56.320
Everybody does that.
02:15:56.320 --> 02:15:58.320
I also do the same thing. People
02:15:58.320 --> 02:16:04.320
don't admit. I openly say it.
02:16:04.320 --> 02:16:06.320
I mean, that's how you learn.
02:16:06.320 --> 02:16:08.320
And that's how you get your job as well.
02:16:08.320 --> 02:16:12.320
Yeah.
02:16:12.320 --> 02:16:14.320
Yeah. Also, one more thing.
02:16:14.320 --> 02:16:16.320
There are a few speakers that have been here
02:16:16.320 --> 02:16:18.320
around for a while. But they haven't
02:16:18.320 --> 02:16:20.320
raised their hand or spoken anything
02:16:20.320 --> 02:16:22.320
else. So Pratish,
02:16:22.320 --> 02:16:24.320
you want to
02:16:24.320 --> 02:16:26.320
ask? Because you've been a speaker
02:16:26.320 --> 02:16:28.320
and you haven't said anything.
02:16:28.320 --> 02:16:30.320
You want to ask something?
02:16:30.320 --> 02:16:32.320
Yeah.
02:16:32.320 --> 02:16:34.320
First of all, hi, Nilesh.
02:16:34.320 --> 02:16:36.320
Yeah.
02:16:36.320 --> 02:16:38.320
And
02:16:38.320 --> 02:16:40.320
thanks a lot for this amazing
02:16:40.320 --> 02:16:42.320
session.
02:16:42.320 --> 02:16:44.320
Okay.
02:16:44.320 --> 02:16:46.320
So I think most of the questions are done.
02:16:46.320 --> 02:16:48.320
But I think I'll just take the opportunity to
02:16:48.320 --> 02:16:50.320
ask my personal questions.
02:16:50.320 --> 02:16:52.320
So Nilesh, you remember that you
02:16:52.320 --> 02:16:54.320
pinged me your YouTube video and
02:16:54.320 --> 02:16:56.320
we discussed on that.
02:16:56.320 --> 02:16:58.320
I think I still have that tweet with
02:16:58.320 --> 02:17:00.320
me.
02:17:00.320 --> 02:17:02.320
So to give some context,
02:17:02.320 --> 02:17:04.320
the video was regarding some investment
02:17:04.320 --> 02:17:06.320
planning. So I have two questions
02:17:06.320 --> 02:17:08.320
on it. First is
02:17:08.320 --> 02:17:10.320
the
02:17:10.320 --> 02:17:12.320
ensemble
02:17:12.320 --> 02:17:14.320
So you listen for everybody. You need
02:17:14.320 --> 02:17:16.320
to explain the background a little bit before
02:17:16.320 --> 02:17:18.320
you ask your question.
02:17:18.320 --> 02:17:20.320
So I think
02:17:20.320 --> 02:17:22.320
I'll just pin the tweet there.
02:17:22.320 --> 02:17:24.320
Give me some one minute or so.
02:17:24.320 --> 02:17:26.320
Go ahead.
02:17:26.320 --> 02:17:28.320
Provide everybody the background and then ask your questions
02:17:28.320 --> 02:17:30.320
so others will understand. Otherwise, we'll talk about
02:17:30.320 --> 02:17:32.320
nerdiness and nobody understand anything.
02:17:32.320 --> 02:17:34.320
I don't want that to happen.
02:17:36.320 --> 02:17:38.320
So take your time.
02:17:38.320 --> 02:17:40.320
No rush.
02:17:40.320 --> 02:17:42.320
In the meanwhile, other people are open.
02:17:42.320 --> 02:17:44.320
You can ask away.
02:17:44.320 --> 02:17:46.320
Just talk whatever you feel like.
02:17:46.320 --> 02:17:48.320
Or don't.
02:17:48.320 --> 02:17:50.320
It's up to you.
02:17:50.320 --> 02:17:52.320
Don't say, can I ask? Just ask.
02:17:52.320 --> 02:17:54.320
So until
02:17:54.320 --> 02:17:56.320
your age means
02:17:56.320 --> 02:17:58.320
until like
02:17:58.320 --> 02:18:00.320
before my birth, everybody's dream was
02:18:00.320 --> 02:18:02.320
to be an artist.
02:18:02.320 --> 02:18:04.320
So I think
02:18:04.320 --> 02:18:06.320
I'll just take the opportunity
02:18:06.320 --> 02:18:08.320
to ask my personal questions.
02:18:08.320 --> 02:18:10.320
Before my birth, everybody's dream was
02:18:10.320 --> 02:18:12.320
to serve something to US.
02:18:12.320 --> 02:18:14.320
Like making in
02:18:14.320 --> 02:18:16.320
dollars and you will get
02:18:16.320 --> 02:18:18.320
rich was the main
02:18:18.320 --> 02:18:20.320
thing. So do you think hence
02:18:20.320 --> 02:18:22.320
forth also the same thing will happen
02:18:22.320 --> 02:18:24.320
or it will change?
02:18:24.320 --> 02:18:26.320
Chasing US
02:18:26.320 --> 02:18:28.320
for people from India and
02:18:28.320 --> 02:18:30.320
China is a very
02:18:30.320 --> 02:18:32.320
very hard thing
02:18:32.320 --> 02:18:34.320
practically because of visa.
02:18:34.320 --> 02:18:36.320
Really hard.
02:18:36.320 --> 02:18:38.320
Like really, really painfully hard.
02:18:38.320 --> 02:18:40.320
I just want you to know that.
02:18:40.320 --> 02:18:42.320
Don't chase
02:18:42.320 --> 02:18:44.320
hard things for no good reason.
02:18:44.320 --> 02:18:46.320
You know it is difficult
02:18:46.320 --> 02:18:48.320
to get a visa even if you get a job.
02:18:48.320 --> 02:18:50.320
It will take a long time just to process it.
02:18:50.320 --> 02:18:52.320
That's one thing.
02:18:52.320 --> 02:18:54.320
The second thing is there are other
02:18:54.320 --> 02:18:56.320
countries right next door, Canada.
02:18:56.320 --> 02:18:58.320
People are easily accepted
02:18:58.320 --> 02:19:00.320
in there. You can go and work there. It's good enough.
02:19:00.320 --> 02:19:02.320
Pretty darn good. Canada is
02:19:02.320 --> 02:19:04.320
beautiful.
02:19:04.320 --> 02:19:06.320
It doesn't hurt. Not in terms of
02:19:06.320 --> 02:19:08.320
being there but in terms of
02:19:08.320 --> 02:19:10.320
giving services.
02:19:10.320 --> 02:19:12.320
We have the most population so we will serve.
02:19:12.320 --> 02:19:14.320
If you want to serve, you can serve sitting
02:19:14.320 --> 02:19:16.320
in India. You can serve anybody.
02:19:16.320 --> 02:19:18.320
The internet is available. You can talk to anybody
02:19:18.320 --> 02:19:20.320
anywhere on the planet.
02:19:20.320 --> 02:19:22.320
And do whatever you
02:19:22.320 --> 02:19:24.320
want using all the tools and
02:19:24.320 --> 02:19:26.320
techniques available to you at your disposal.
02:19:26.320 --> 02:19:28.320
All the AI tools these days and
02:19:28.320 --> 02:19:30.320
the high bandwidth internet.
02:19:30.320 --> 02:19:32.320
You have computers available to you.
02:19:32.320 --> 02:19:34.320
You can do whatever you want without leaving
02:19:34.320 --> 02:19:36.320
your parents home. Just stay with
02:19:36.320 --> 02:19:38.320
your parents and work.
02:19:38.320 --> 02:19:40.320
You don't have to
02:19:40.320 --> 02:19:42.320
go anywhere. That's the point.
02:19:42.320 --> 02:19:44.320
You can still earn in dollars
02:19:44.320 --> 02:19:46.320
sitting right in India with your parents
02:19:46.320 --> 02:19:48.320
home.
02:19:48.320 --> 02:19:50.320
There are
02:19:50.320 --> 02:19:52.320
people I know. One of my
02:19:52.320 --> 02:19:54.320
best developers lives in Bhoj.
02:19:54.320 --> 02:19:56.320
You know Bhoj is like a rural place
02:19:56.320 --> 02:19:58.320
in Gujarat.
02:19:58.320 --> 02:20:00.320
Really,
02:20:00.320 --> 02:20:02.320
I've never been there but I know how
02:20:02.320 --> 02:20:04.320
backward that place is.
02:20:04.320 --> 02:20:06.320
It has internet connection, decent
02:20:06.320 --> 02:20:08.320
enough and he works from there.
02:20:08.320 --> 02:20:10.320
He lives there.
02:20:10.320 --> 02:20:12.320
Over the years he has hired people
02:20:12.320 --> 02:20:14.320
for himself to work for me.
02:20:14.320 --> 02:20:16.320
So he has a team now
02:20:16.320 --> 02:20:18.320
helping me and he lives in Bhoj.
02:20:18.320 --> 02:20:20.320
His team lives in Surat.
02:20:20.320 --> 02:20:22.320
In a big city.
02:20:22.320 --> 02:20:24.320
Bhoj is a small town.
02:20:24.320 --> 02:20:26.320
And he lives with his parents.
02:20:26.320 --> 02:20:28.320
He got married recently.
02:20:28.320 --> 02:20:30.320
He's a beautiful, awesome, brilliant
02:20:30.320 --> 02:20:32.320
developer and he doesn't care
02:20:32.320 --> 02:20:34.320
to go anywhere.
02:20:34.320 --> 02:20:36.320
He works from home.
02:20:36.320 --> 02:20:38.320
And he works on Upwork
02:20:38.320 --> 02:20:40.320
for me for 14 years.
02:20:42.320 --> 02:20:44.320
And he
02:20:44.320 --> 02:20:46.320
not only works for me, he now has a team
02:20:46.320 --> 02:20:48.320
working for me through him.
02:20:48.320 --> 02:20:50.320
He formed a big team of people.
02:20:54.320 --> 02:20:56.320
Question Shreya
02:20:56.320 --> 02:20:58.320
and Pratyusha.
02:20:58.320 --> 02:21:00.320
Just open your mic and speak.
02:21:02.320 --> 02:21:04.320
Hello, Niklesh.
02:21:04.320 --> 02:21:06.320
Hi.
02:21:06.320 --> 02:21:08.320
Okay, so I just want to
02:21:08.320 --> 02:21:10.320
tell something and then
02:21:10.320 --> 02:21:12.320
I just want your opinion.
02:21:12.320 --> 02:21:14.320
It's not a question actually.
02:21:14.320 --> 02:21:16.320
So I've been failing a lot
02:21:16.320 --> 02:21:18.320
since a lot of years.
02:21:18.320 --> 02:21:20.320
And I can explain.
02:21:20.320 --> 02:21:22.320
I prepared for
02:21:22.320 --> 02:21:24.320
medical entrance exam and I failed
02:21:24.320 --> 02:21:26.320
because I couldn't
02:21:26.320 --> 02:21:28.320
perform the way I should have.
02:21:28.320 --> 02:21:30.320
And then I prepared
02:21:30.320 --> 02:21:32.320
I wanted to go
02:21:32.320 --> 02:21:34.320
to Delhi and I got the form.
02:21:34.320 --> 02:21:36.320
But then I didn't because my
02:21:36.320 --> 02:21:38.320
parents didn't want me to go to Delhi
02:21:38.320 --> 02:21:40.320
because of the environment and all.
02:21:40.320 --> 02:21:42.320
Then there was
02:21:42.320 --> 02:21:44.320
again a failure because I wanted to and I didn't.
02:21:44.320 --> 02:21:46.320
I couldn't.
02:21:46.320 --> 02:21:48.320
Then I got, after the degree, actually
02:21:48.320 --> 02:21:50.320
I started preparing for government jobs.
02:21:50.320 --> 02:21:52.320
Actually UPSC.
02:21:52.320 --> 02:21:54.320
Last year I started.
02:21:54.320 --> 02:21:56.320
And for a year I have learned a lot of things.
02:21:56.320 --> 02:21:58.320
Loved the content.
02:21:58.320 --> 02:22:00.320
All the subjects I have
02:22:00.320 --> 02:22:02.320
enjoyed thoroughly. But when you talk about
02:22:02.320 --> 02:22:04.320
writing answers and stuff, you still
02:22:04.320 --> 02:22:06.320
have to do a lot of rote learning.
02:22:06.320 --> 02:22:08.320
And that is something I'm not at all good at.
02:22:08.320 --> 02:22:10.320
So I
02:22:10.320 --> 02:22:12.320
okay, I watched some videos and stuff
02:22:12.320 --> 02:22:14.320
so I got to know that you can get into tech
02:22:14.320 --> 02:22:16.320
even if you don't have a degree because skills
02:22:16.320 --> 02:22:18.320
matter.
02:22:18.320 --> 02:22:20.320
So now I'm thinking, actually not thinking, even
02:22:20.320 --> 02:22:22.320
I pivoted in March
02:22:22.320 --> 02:22:24.320
and I'm jumping into tech.
02:22:24.320 --> 02:22:26.320
So I just want to know that
02:22:26.320 --> 02:22:28.320
even if I'm thinking
02:22:28.320 --> 02:22:30.320
I'm even thinking right.
02:22:32.320 --> 02:22:34.320
So I think to really
02:22:34.320 --> 02:22:36.320
jump into something that is tech
02:22:36.320 --> 02:22:38.320
I answered a question a while ago.
02:22:38.320 --> 02:22:40.320
Somebody asked me this. So I look up
02:22:40.320 --> 02:22:42.320
the tweet after this discussion.
02:22:42.320 --> 02:22:44.320
But there is a tweet in which I describe
02:22:44.320 --> 02:22:46.320
what's the beginning point of
02:22:46.320 --> 02:22:48.320
beginning
02:22:48.320 --> 02:22:50.320
a career in tech. And let me tell you
02:22:50.320 --> 02:22:52.320
it doesn't involve
02:22:52.320 --> 02:22:54.320
JavaScript or any coding language.
02:22:54.320 --> 02:22:56.320
Let me tell you what it involves.
02:22:56.320 --> 02:22:58.320
I wrote it down so
02:22:58.320 --> 02:23:00.320
I'll pull up the tweet. But here it is.
02:23:00.320 --> 02:23:02.320
The zero number
02:23:02.320 --> 02:23:04.320
thing, number zero, item number zero
02:23:04.320 --> 02:23:06.320
is to learn to listen.
02:23:06.320 --> 02:23:08.320
Listen to other people, to what
02:23:08.320 --> 02:23:10.320
they are trying to do. That's
02:23:10.320 --> 02:23:12.320
the biggest thing you need to do.
02:23:12.320 --> 02:23:14.320
And that is about technology.
02:23:14.320 --> 02:23:16.320
Yes, I'm talking about tech.
02:23:16.320 --> 02:23:18.320
The biggest thing to do in
02:23:18.320 --> 02:23:20.320
tech is listen.
02:23:20.320 --> 02:23:22.320
Understand. See what they want.
02:23:22.320 --> 02:23:24.320
See how we can help them.
02:23:24.320 --> 02:23:26.320
That's the biggest.
02:23:26.320 --> 02:23:28.320
The next thing to do is to learn
02:23:28.320 --> 02:23:30.320
to read
02:23:30.320 --> 02:23:32.320
and learn to write
02:23:32.320 --> 02:23:34.320
in a short, concise
02:23:34.320 --> 02:23:36.320
manner. Like a tweet.
02:23:36.320 --> 02:23:38.320
Or maybe a paragraph.
02:23:38.320 --> 02:23:40.320
Or maybe a tweet thread.
02:23:40.320 --> 02:23:42.320
But that's it. Not long.
02:23:42.320 --> 02:23:44.320
Short. Succinct.
02:23:44.320 --> 02:23:46.320
To the point.
02:23:46.320 --> 02:23:48.320
Write so others can understand.
02:23:48.320 --> 02:23:50.320
Write
02:23:50.320 --> 02:23:52.320
so a five-year-old can understand.
02:23:52.320 --> 02:23:54.320
Speak
02:23:54.320 --> 02:23:56.320
so a five-year-old can understand.
02:23:56.320 --> 02:23:58.320
That is how
02:23:58.320 --> 02:24:00.320
you begin the next thing.
02:24:00.320 --> 02:24:02.320
Reading and writing.
02:24:02.320 --> 02:24:04.320
The next thing after
02:24:04.320 --> 02:24:06.320
that, and again I'm talking about
02:24:06.320 --> 02:24:08.320
technology, remember? It is about
02:24:08.320 --> 02:24:10.320
technology I'm talking about.
02:24:10.320 --> 02:24:12.320
I told you number zero, listen.
02:24:12.320 --> 02:24:14.320
Number two,
02:24:14.320 --> 02:24:16.320
number one, read and write.
02:24:16.320 --> 02:24:18.320
Number three,
02:24:18.320 --> 02:24:20.320
understand mathematics.
02:24:20.320 --> 02:24:22.320
High school level.
02:24:22.320 --> 02:24:24.320
Grade 12.
02:24:24.320 --> 02:24:26.320
Calculus. Do that
02:24:26.320 --> 02:24:28.320
properly.
02:24:28.320 --> 02:24:30.320
Next one,
02:24:30.320 --> 02:24:32.320
understand and study
02:24:32.320 --> 02:24:34.320
statistics. High school level.
02:24:34.320 --> 02:24:36.320
12th grade. And do that
02:24:36.320 --> 02:24:38.320
really nicely.
02:24:38.320 --> 02:24:40.320
So I told you about physics
02:24:40.320 --> 02:24:42.320
also. And chemistry also.
02:24:42.320 --> 02:24:44.320
I like these things, that's why I mentioned it.
02:24:44.320 --> 02:24:46.320
But it is not strictly required.
02:24:46.320 --> 02:24:48.320
Physics and chemistry are
02:24:48.320 --> 02:24:50.320
something that I love, so I cannot skip that
02:24:50.320 --> 02:24:52.320
talking about it. But math
02:24:52.320 --> 02:24:54.320
and statistics are absolutely required
02:24:54.320 --> 02:24:56.320
to understand technology.
02:24:56.320 --> 02:24:58.320
If you don't do that,
02:24:58.320 --> 02:25:00.320
you will not succeed in writing JavaScript
02:25:00.320 --> 02:25:02.320
or whatever HTML, CSS, God
02:25:02.320 --> 02:25:04.320
knows what. Let me be honest,
02:25:04.320 --> 02:25:06.320
I don't know CSS.
02:25:06.320 --> 02:25:08.320
I have no idea how to center
02:25:08.320 --> 02:25:10.320
div. I don't want
02:25:10.320 --> 02:25:12.320
to, because I want to cheat
02:25:12.320 --> 02:25:14.320
and ask chat GPT how to do
02:25:14.320 --> 02:25:16.320
that. And that's the right way.
02:25:16.320 --> 02:25:18.320
Cheating is
02:25:18.320 --> 02:25:20.320
okay. That's how real life
02:25:20.320 --> 02:25:22.320
is. Copy paste.
02:25:22.320 --> 02:25:24.320
It's totally fine. If you don't have
02:25:24.320 --> 02:25:26.320
to learn every single thing, what
02:25:26.320 --> 02:25:28.320
you need to do is to figure out how
02:25:28.320 --> 02:25:30.320
do you solve that other person's problem?
02:25:30.320 --> 02:25:32.320
How do you make them successful?
02:25:32.320 --> 02:25:34.320
In that process, you may have to cheat
02:25:34.320 --> 02:25:36.320
and copy paste code from somewhere.
02:25:36.320 --> 02:25:38.320
Do it.
02:25:38.320 --> 02:25:40.320
But that's not what you remember or memorize
02:25:40.320 --> 02:25:42.320
and wrote or just
02:25:42.320 --> 02:25:44.320
no need to cheat.
02:25:44.320 --> 02:25:46.320
Absolutely no need to memorize or
02:25:46.320 --> 02:25:48.320
remember anything whatsoever, because
02:25:48.320 --> 02:25:50.320
the skill is not in memorizing,
02:25:50.320 --> 02:25:52.320
but the skill is
02:25:52.320 --> 02:25:54.320
to be able to find what you need when you
02:25:54.320 --> 02:25:56.320
need it quickly,
02:25:56.320 --> 02:25:58.320
efficiently.
02:25:58.320 --> 02:26:00.320
That's the skill.
02:26:00.320 --> 02:26:02.320
Where have I kept it?
02:26:02.320 --> 02:26:04.320
Or where will I find it? Searching.
02:26:04.320 --> 02:26:06.320
Google searching is a great
02:26:06.320 --> 02:26:08.320
skill. And these days, chat GPT
02:26:08.320 --> 02:26:10.320
prompt writing is also
02:26:10.320 --> 02:26:12.320
beautiful. Learn it.
02:26:12.320 --> 02:26:14.320
Learn to make use of these tools that are
02:26:14.320 --> 02:26:16.320
now available and even grow. They'll grow, by the way.
02:26:16.320 --> 02:26:18.320
These tools will grow. Learn to
02:26:18.320 --> 02:26:20.320
use them to apply to your situation.
02:26:20.320 --> 02:26:22.320
You don't have to code
02:26:22.320 --> 02:26:24.320
because prompt writing is not code writing.
02:26:24.320 --> 02:26:26.320
It's about
02:26:26.320 --> 02:26:28.320
communicating with the machine to
02:26:28.320 --> 02:26:30.320
accomplish the outcome you want.
02:26:30.320 --> 02:26:32.320
Whatever you want
02:26:32.320 --> 02:26:34.320
it to produce for you, you want
02:26:34.320 --> 02:26:36.320
to get that, you will use the machine to help
02:26:36.320 --> 02:26:38.320
you. Use it.
02:26:38.320 --> 02:26:40.320
Make use of it.
02:26:40.320 --> 02:26:42.320
That's the next thing. There are a couple other
02:26:42.320 --> 02:26:44.320
things that you want to keep doing,
02:26:44.320 --> 02:26:46.320
and that is to
02:26:46.320 --> 02:26:48.320
make notes of what you have done
02:26:48.320 --> 02:26:50.320
in terms of, I think, let me
02:26:50.320 --> 02:26:52.320
put up that tweet. I think Shreya,
02:26:52.320 --> 02:26:54.320
maybe you saw that tweet. Did you?
02:26:54.320 --> 02:26:56.320
Was it you that asked me
02:26:56.320 --> 02:26:58.320
about chemistry or not?
02:26:58.320 --> 02:27:00.320
I don't know. Somebody else.
02:27:00.320 --> 02:27:02.320
I don't remember.
02:27:02.320 --> 02:27:04.320
I have
02:27:04.320 --> 02:27:06.320
a thousand new followers, so I
02:27:06.320 --> 02:27:08.320
don't blame you. I blame myself.
02:27:08.320 --> 02:27:10.320
I don't know.
02:27:10.320 --> 02:27:12.320
Somebody did. I'll put up that tweet
02:27:12.320 --> 02:27:14.320
and tag it to you.
02:27:14.320 --> 02:27:16.320
You will see what I wrote about how
02:27:16.320 --> 02:27:18.320
to begin in tech. It has nothing to do with
02:27:18.320 --> 02:27:20.320
tech itself. It has absolutely
02:27:20.320 --> 02:27:22.320
nothing to do with tech.
02:27:22.320 --> 02:27:24.320
Actually,
02:27:24.320 --> 02:27:26.320
I am scared
02:27:26.320 --> 02:27:28.320
of rot learning. That's all.
02:27:28.320 --> 02:27:30.320
Implementation is fine. Learning new things
02:27:30.320 --> 02:27:32.320
is fine. But memorizing
02:27:32.320 --> 02:27:34.320
is not a skill you...
02:27:34.320 --> 02:27:36.320
Absolutely. You should actively forget
02:27:36.320 --> 02:27:38.320
things. I'm telling you to
02:27:38.320 --> 02:27:40.320
forget. You don't have to remember.
02:27:40.320 --> 02:27:42.320
I don't...
02:27:42.320 --> 02:27:44.320
I'm telling you to cheat.
02:27:44.320 --> 02:27:46.320
I'm telling you to copy paste.
02:27:46.320 --> 02:27:48.320
I'm telling you to openly use
02:27:48.320 --> 02:27:50.320
the internet and all the tools available to you
02:27:50.320 --> 02:27:52.320
to make things happen. Because
02:27:52.320 --> 02:27:54.320
your goal is to not memorizing
02:27:54.320 --> 02:27:56.320
and your goal is not rot learning, but
02:27:56.320 --> 02:27:58.320
to make other people
02:27:58.320 --> 02:28:00.320
successful. That is the goal.
02:28:00.320 --> 02:28:02.320
Don't forget that goal.
02:28:02.320 --> 02:28:04.320
In the process, do copy paste.
02:28:04.320 --> 02:28:06.320
Left and right.
02:28:06.320 --> 02:28:08.320
Whatever you need. It's totally normal.
02:28:08.320 --> 02:28:10.320
And natural.
02:28:12.320 --> 02:28:14.320
Thank you.
02:28:14.320 --> 02:28:16.320
Thank you so much.
02:28:16.320 --> 02:28:18.320
Yes, Prathish.
02:28:18.320 --> 02:28:20.320
Thank you, Shreya.
02:28:20.320 --> 02:28:22.320
Am I audible?
02:28:22.320 --> 02:28:24.320
Yes.
02:28:24.320 --> 02:28:26.320
Thanks a lot, Nailesh, for
02:28:26.320 --> 02:28:28.320
those amazing insights
02:28:28.320 --> 02:28:30.320
and present from the
02:28:30.320 --> 02:28:32.320
10 PM.
02:28:32.320 --> 02:28:34.320
My question
02:28:34.320 --> 02:28:36.320
is like you tell that
02:28:36.320 --> 02:28:38.320
after learning about
02:28:38.320 --> 02:28:40.320
the things, just apply it
02:28:40.320 --> 02:28:42.320
and fail.
02:28:42.320 --> 02:28:44.320
I'm just curious to know
02:28:44.320 --> 02:28:46.320
that at your
02:28:46.320 --> 02:28:48.320
journey, during your journey,
02:28:48.320 --> 02:28:50.320
what are the things you faced
02:28:50.320 --> 02:28:52.320
and you failed and you cope up
02:28:52.320 --> 02:28:54.320
then also do
02:28:54.320 --> 02:28:56.320
it.
02:28:56.320 --> 02:28:58.320
Prathish, I fail
02:28:58.320 --> 02:29:00.320
even today, hundreds
02:29:00.320 --> 02:29:02.320
of times every day.
02:29:02.320 --> 02:29:04.320
I fail even today.
02:29:04.320 --> 02:29:06.320
It is nothing new. It is very natural.
02:29:06.320 --> 02:29:08.320
And nothing
02:29:08.320 --> 02:29:10.320
to feel happy about
02:29:10.320 --> 02:29:12.320
it. But I don't even feel sad about
02:29:12.320 --> 02:29:14.320
it because it's a fact of life. Just deal with it.
02:29:14.320 --> 02:29:16.320
I fail all the time. It's okay.
02:29:16.320 --> 02:29:18.320
Just learn to live with it.
02:29:18.320 --> 02:29:20.320
That's how I think.
02:29:20.320 --> 02:29:22.320
There will be small failures.
02:29:22.320 --> 02:29:24.320
There will be big failures. And sometimes there will be
02:29:24.320 --> 02:29:26.320
victories. So they come.
02:29:26.320 --> 02:29:28.320
It's totally okay and totally
02:29:28.320 --> 02:29:30.320
acceptable.
02:29:30.320 --> 02:29:32.320
The key thing to learning with
02:29:32.320 --> 02:29:34.320
failure is to just
02:29:34.320 --> 02:29:36.320
digest the fact that it's okay to fail.
02:29:36.320 --> 02:29:38.320
That's the hardest part.
02:29:38.320 --> 02:29:40.320
People don't digest it.
02:29:40.320 --> 02:29:42.320
Right, Prathish?
02:29:42.320 --> 02:29:44.320
By the way,
02:29:44.320 --> 02:29:46.320
you need to make that dance video, man.
02:29:46.320 --> 02:29:48.320
You need to make that dance video for me.
02:29:48.320 --> 02:29:50.320
You seriously need to do that.
02:29:50.320 --> 02:29:52.320
Toka, toka, toka.
02:29:52.320 --> 02:29:54.320
Dance it. And send me the video
02:29:54.320 --> 02:29:56.320
please. Thank you.
02:29:56.320 --> 02:29:58.320
Okay, hi.
02:29:58.320 --> 02:30:00.320
Hi, Amit.
02:30:02.320 --> 02:30:04.320
Hello, sir. Actually, I'm in
02:30:04.320 --> 02:30:06.320
third time of MCA.
02:30:06.320 --> 02:30:08.320
And currently I'm learning DevOps
02:30:08.320 --> 02:30:10.320
and cloud computing kind of stuff.
02:30:10.320 --> 02:30:12.320
So my question is like,
02:30:12.320 --> 02:30:14.320
you know, after the
02:30:14.320 --> 02:30:16.320
chat GPT and bread and all those
02:30:16.320 --> 02:30:18.320
things, people are in panic
02:30:18.320 --> 02:30:20.320
as of now. So like they are saying like, you know,
02:30:20.320 --> 02:30:22.320
writing those best script is not
02:30:22.320 --> 02:30:24.320
going to help you.
02:30:24.320 --> 02:30:26.320
You have to learn machine learning
02:30:26.320 --> 02:30:28.320
and AI kind of thing. So like it's
02:30:28.320 --> 02:30:30.320
going to disrupt all the market. So
02:30:30.320 --> 02:30:32.320
if it is a destruction, so be
02:30:32.320 --> 02:30:34.320
the part of destruction. Don't learn these stupid
02:30:34.320 --> 02:30:36.320
things. So how do you see the future
02:30:36.320 --> 02:30:38.320
of cloud computing as of now?
02:30:38.320 --> 02:30:40.320
So you should learn bash.
02:30:40.320 --> 02:30:42.320
Don't miss
02:30:42.320 --> 02:30:44.320
it. It's a good thing to have. But
02:30:44.320 --> 02:30:46.320
don't memorize anything.
02:30:46.320 --> 02:30:48.320
Don't have to like, you know, forget
02:30:48.320 --> 02:30:50.320
it. So basically
02:30:50.320 --> 02:30:52.320
you want to learn something in bash scripting.
02:30:52.320 --> 02:30:54.320
What do you do? You Google search and
02:30:54.320 --> 02:30:56.320
you find some answer that might
02:30:56.320 --> 02:30:58.320
work. You try it out and it may not work.
02:30:58.320 --> 02:31:00.320
And then you find another answer
02:31:00.320 --> 02:31:02.320
and then you copy paste and then try it out
02:31:02.320 --> 02:31:04.320
and it doesn't work. And you do it a hundred times.
02:31:04.320 --> 02:31:06.320
You'll eventually find a solution. That's
02:31:06.320 --> 02:31:08.320
how you learn bash scripting.
02:31:08.320 --> 02:31:10.320
Or you can cheat and
02:31:10.320 --> 02:31:12.320
ask Bard or chat GPT
02:31:12.320 --> 02:31:14.320
what's the solution? And it might give you the answer.
02:31:14.320 --> 02:31:16.320
So use it. But
02:31:16.320 --> 02:31:18.320
not learning bash or not using bash
02:31:18.320 --> 02:31:20.320
at all is bad. It's going to be bad by the way.
02:31:20.320 --> 02:31:22.320
Even if you go machine learning and AI
02:31:22.320 --> 02:31:24.320
and all that. Because there you will find
02:31:24.320 --> 02:31:26.320
those machine learning scripts
02:31:26.320 --> 02:31:28.320
will actually use bash.
02:31:28.320 --> 02:31:30.320
So you cannot get away without
02:31:30.320 --> 02:31:32.320
it. You have to use bash. Or
02:31:32.320 --> 02:31:34.320
if not bash, zsh or some other
02:31:34.320 --> 02:31:36.320
shell. That shell is going to be there
02:31:36.320 --> 02:31:38.320
in your life. I live
02:31:38.320 --> 02:31:40.320
and die on the shell. I do
02:31:40.320 --> 02:31:42.320
that. That's my primary tool
02:31:42.320 --> 02:31:44.320
by the way. Just so you know.
02:31:44.320 --> 02:31:46.320
And so that's about the
02:31:46.320 --> 02:31:48.320
bash scripting in DevOps
02:31:48.320 --> 02:31:50.320
and cloud computing in the future.
02:31:50.320 --> 02:31:52.320
The way to think about machine learning and AI
02:31:52.320 --> 02:31:54.320
is what
02:31:54.320 --> 02:31:56.320
it actually does is
02:31:56.320 --> 02:31:58.320
let's give you some
02:31:58.320 --> 02:32:00.320
background here.
02:32:00.320 --> 02:32:02.320
Think about a trade off
02:32:02.320 --> 02:32:04.320
between
02:32:04.320 --> 02:32:06.320
speed and accuracy.
02:32:06.320 --> 02:32:08.320
Some people
02:32:08.320 --> 02:32:10.320
who try to do something very fast
02:32:10.320 --> 02:32:12.320
they might make a mistake. And they're
02:32:12.320 --> 02:32:14.320
not very accurate in producing the answer.
02:32:14.320 --> 02:32:16.320
And if you're taking
02:32:16.320 --> 02:32:18.320
enough time to do it slow and thoroughly
02:32:18.320 --> 02:32:20.320
you might produce a very good answer.
02:32:20.320 --> 02:32:22.320
An accurate answer.
02:32:22.320 --> 02:32:24.320
So that's the trade off between speed
02:32:24.320 --> 02:32:26.320
and accuracy. Take that to an exam.
02:32:26.320 --> 02:32:28.320
You have two hours. You
02:32:28.320 --> 02:32:30.320
do it fast. And you make mistakes.
02:32:30.320 --> 02:32:32.320
If you were given like eight hours
02:32:32.320 --> 02:32:34.320
you may not make less mistakes.
02:32:34.320 --> 02:32:36.320
If you are given access to an
02:32:36.320 --> 02:32:38.320
open computer and chat GPT
02:32:38.320 --> 02:32:40.320
and Bard and every other tool available
02:32:40.320 --> 02:32:42.320
to you and ask you to take the exam
02:32:42.320 --> 02:32:44.320
what will happen?
02:32:44.320 --> 02:32:46.320
You'll probably finish that eight hour exam sooner.
02:32:46.320 --> 02:32:48.320
What did the machines do for you?
02:32:48.320 --> 02:32:50.320
Improve your speed
02:32:50.320 --> 02:32:52.320
accuracy envelope.
02:32:52.320 --> 02:32:54.320
The trade off
02:32:54.320 --> 02:32:56.320
between speed and accuracy. When you increase one
02:32:56.320 --> 02:32:58.320
the other falls. You improve the
02:32:58.320 --> 02:33:00.320
speed. Accuracy falls.
02:33:00.320 --> 02:33:02.320
Try to increase the accuracy. Your time takes more.
02:33:02.320 --> 02:33:04.320
And what AI does
02:33:04.320 --> 02:33:06.320
is helps you improve
02:33:06.320 --> 02:33:08.320
the envelope.
02:33:08.320 --> 02:33:10.320
Pushes the envelope
02:33:10.320 --> 02:33:12.320
to a better scenario. You can
02:33:12.320 --> 02:33:14.320
make things faster
02:33:14.320 --> 02:33:16.320
and good
02:33:16.320 --> 02:33:18.320
together.
02:33:18.320 --> 02:33:20.320
That's what AI actually does.
02:33:20.320 --> 02:33:22.320
I was talking to a doctor the other
02:33:22.320 --> 02:33:24.320
day. They are from Palo Alto
02:33:24.320 --> 02:33:26.320
Clinic. And it is a team
02:33:26.320 --> 02:33:28.320
of five developers
02:33:28.320 --> 02:33:30.320
who have
02:33:30.320 --> 02:33:32.320
a bunch of machines in their home
02:33:32.320 --> 02:33:34.320
and a team of
02:33:34.320 --> 02:33:36.320
doctors who are mental
02:33:36.320 --> 02:33:38.320
psychiatrists. Mental doctors.
02:33:38.320 --> 02:33:40.320
Brain doctors. And what they have done
02:33:40.320 --> 02:33:42.320
is created a machine learning model
02:33:42.320 --> 02:33:44.320
to help the doctor
02:33:44.320 --> 02:33:46.320
analyze brain scans
02:33:46.320 --> 02:33:48.320
and produce a
02:33:48.320 --> 02:33:50.320
retail analysis report.
02:33:50.320 --> 02:33:52.320
And what Amit should do
02:33:52.320 --> 02:33:54.320
is mute because he is making noise.
02:33:54.320 --> 02:33:56.320
So please mute yourself Amit.
02:33:56.320 --> 02:33:58.320
And what the doctor
02:33:58.320 --> 02:34:00.320
does is if she is going to
02:34:00.320 --> 02:34:02.320
write a detailed report for a particular
02:34:02.320 --> 02:34:04.320
brain scan, it will take her
02:34:04.320 --> 02:34:06.320
eight to ten hours to write a thorough
02:34:06.320 --> 02:34:08.320
note about what that brain
02:34:08.320 --> 02:34:10.320
situation is and what the
02:34:10.320 --> 02:34:12.320
symptoms are and find out what
02:34:12.320 --> 02:34:14.320
things that they should be doing differently.
02:34:14.320 --> 02:34:16.320
And she will take eight hours and make a beautiful
02:34:16.320 --> 02:34:18.320
analysis and produce
02:34:18.320 --> 02:34:20.320
a report with action items for the patient to
02:34:20.320 --> 02:34:22.320
be able to do next.
02:34:22.320 --> 02:34:24.320
That's the human doctor.
02:34:24.320 --> 02:34:26.320
Now introduce machine learning
02:34:26.320 --> 02:34:28.320
and AI into the same game that what
02:34:28.320 --> 02:34:30.320
the doctor does.
02:34:30.320 --> 02:34:32.320
This machine technique,
02:34:32.320 --> 02:34:34.320
I think they have like $70,000
02:34:34.320 --> 02:34:36.320
worth of NVIDIA, Tesla, GPUs
02:34:36.320 --> 02:34:38.320
and some custom machine learning
02:34:38.320 --> 02:34:40.320
put together in Palo Alto
02:34:40.320 --> 02:34:42.320
clinic.ai. You can read up on that.
02:34:42.320 --> 02:34:44.320
And so what they have done is
02:34:44.320 --> 02:34:46.320
created a machine that helps
02:34:46.320 --> 02:34:48.320
the doctor produce the report
02:34:48.320 --> 02:34:50.320
that she will make by hand
02:34:50.320 --> 02:34:52.320
and takes eight hours. This machine
02:34:52.320 --> 02:34:54.320
does it in a few seconds.
02:34:54.320 --> 02:34:56.320
And of course the result that the machine
02:34:56.320 --> 02:34:58.320
produces is inferior.
02:34:58.320 --> 02:35:00.320
It's B level, B quality,
02:35:00.320 --> 02:35:02.320
not A grade, but B grade.
02:35:02.320 --> 02:35:04.320
But does that result in a few
02:35:04.320 --> 02:35:06.320
seconds as opposed to the doctor taking
02:35:06.320 --> 02:35:08.320
eight hours to produce an A grade
02:35:08.320 --> 02:35:10.320
report?
02:35:10.320 --> 02:35:12.320
So now what the doctor is doing or should be
02:35:12.320 --> 02:35:14.320
doing or would be doing is to use
02:35:14.320 --> 02:35:16.320
the machine's ability to
02:35:16.320 --> 02:35:18.320
increase the speed at which she
02:35:18.320 --> 02:35:20.320
works on herself,
02:35:20.320 --> 02:35:22.320
get help from the machines to produce the
02:35:22.320 --> 02:35:24.320
outcome that she wants. So she will get a
02:35:24.320 --> 02:35:26.320
B grade output. She will now read
02:35:26.320 --> 02:35:28.320
that output and improve
02:35:28.320 --> 02:35:30.320
to make it A grade
02:35:30.320 --> 02:35:32.320
and maybe spend one hour, one more hour
02:35:32.320 --> 02:35:34.320
instead of eight.
02:35:34.320 --> 02:35:36.320
She gets the result instantaneously like
02:35:36.320 --> 02:35:38.320
in a few seconds or maybe ten seconds.
02:35:38.320 --> 02:35:40.320
And she gets
02:35:40.320 --> 02:35:42.320
a B grade report. She can review that
02:35:42.320 --> 02:35:44.320
faster and polish it, clean
02:35:44.320 --> 02:35:46.320
it up nice, make it nicer
02:35:46.320 --> 02:35:48.320
and make it satisfactory to her and
02:35:48.320 --> 02:35:50.320
to her patients. And that's how
02:35:50.320 --> 02:35:52.320
you push the envelope. That's where machine learning
02:35:52.320 --> 02:35:54.320
actually comes into play.
02:35:54.320 --> 02:35:56.320
And by the way, it does involve
02:35:56.320 --> 02:35:58.320
batch scripting. It's not going to go
02:35:58.320 --> 02:36:00.320
away.
02:36:02.320 --> 02:36:04.320
Does that answer your question?
02:36:04.320 --> 02:36:06.320
So that's how you actually
02:36:06.320 --> 02:36:08.320
use AI. You don't use
02:36:08.320 --> 02:36:10.320
AI what people
02:36:10.320 --> 02:36:12.320
talk about or think about. So don't confuse
02:36:12.320 --> 02:36:14.320
yourself. AI is about helping people
02:36:14.320 --> 02:36:16.320
do the work faster
02:36:16.320 --> 02:36:18.320
to push the envelope
02:36:18.320 --> 02:36:20.320
between what is called
02:36:20.320 --> 02:36:22.320
accuracy and speed.
02:36:22.320 --> 02:36:24.320
There's a trade-off. Trade-off meaning
02:36:24.320 --> 02:36:26.320
jhagda in ka aapas mein.
02:36:26.320 --> 02:36:28.320
If you ek ko badao to dosra kab ho jata hai.
02:36:28.320 --> 02:36:30.320
Dosre ko badao to
02:36:30.320 --> 02:36:32.320
pehla kab ho jata hai. Speed badao to
02:36:32.320 --> 02:36:34.320
accuracy kharab ho jati hai.
02:36:34.320 --> 02:36:36.320
Accuracy badani kuchhish karo and time jata lagta hai.
02:36:36.320 --> 02:36:38.320
Insaan hai. Dheere
02:36:38.320 --> 02:36:40.320
kaam karta hai. Machine lao
02:36:40.320 --> 02:36:42.320
jaldi karega. But quality ganda karega
02:36:42.320 --> 02:36:44.320
thoda sa. Usko
02:36:44.320 --> 02:36:46.320
aadmi lagao aur improve karo.
02:36:46.320 --> 02:36:48.320
That's how you use the AI.
02:36:48.320 --> 02:36:50.320
AI is nothing but
02:36:50.320 --> 02:36:52.320
invention of the wheel.
02:36:52.320 --> 02:36:54.320
Chakka aavish karo.
02:36:54.320 --> 02:36:56.320
To ekdum gadiya fata fata chalna rige
02:36:56.320 --> 02:36:58.320
the invention of the wheel ho gaya.
02:36:58.320 --> 02:37:00.320
Invention of paracetam.
02:37:00.320 --> 02:37:02.320
Penicillin. Penicillin
02:37:02.320 --> 02:37:04.320
invention in 1900s.
02:37:04.320 --> 02:37:06.320
Invention of TCPIP.
02:37:06.320 --> 02:37:08.320
The internet.
02:37:08.320 --> 02:37:10.320
Invention of Bitcoin.
02:37:10.320 --> 02:37:12.320
If you think of it that way. I don't
02:37:12.320 --> 02:37:14.320
go too much into Bitcoin but we talk about
02:37:14.320 --> 02:37:16.320
that on a separate topic. In fact, we have a
02:37:16.320 --> 02:37:18.320
Bitcoin expert in this audience
02:37:18.320 --> 02:37:20.320
somewhere. Satoshi
02:37:20.320 --> 02:37:22.320
DJ. You're listening, I know.
02:37:22.320 --> 02:37:24.320
So
02:37:24.320 --> 02:37:26.320
the point is there are
02:37:26.320 --> 02:37:28.320
inflection points in the industry and
02:37:28.320 --> 02:37:30.320
this AI thing is not new.
02:37:30.320 --> 02:37:32.320
When I was in IIC Bangalore in
02:37:32.320 --> 02:37:34.320
1990, my project
02:37:34.320 --> 02:37:36.320
was actually a machine learning AI project.
02:37:36.320 --> 02:37:38.320
It was dumb
02:37:38.320 --> 02:37:40.320
and idiotic.
02:37:40.320 --> 02:37:42.320
But that's what it is.
02:37:42.320 --> 02:37:44.320
The state was different. That's
02:37:44.320 --> 02:37:46.320
how it was in those days.
02:37:46.320 --> 02:37:48.320
So AI is not new. What is actually
02:37:48.320 --> 02:37:50.320
new in the last few months
02:37:50.320 --> 02:37:52.320
is the user experience.
02:37:52.320 --> 02:37:54.320
It has much more improved than
02:37:54.320 --> 02:37:56.320
what it was before. Before
02:37:56.320 --> 02:37:58.320
people were using batch scripting
02:37:58.320 --> 02:38:00.320
to interface with AI.
02:38:00.320 --> 02:38:02.320
These days we have a browser interface
02:38:02.320 --> 02:38:04.320
so you can just ask a question, you get an answer.
02:38:04.320 --> 02:38:06.320
Chat GPT
02:38:06.320 --> 02:38:08.320
or Bard. There'll be more.
02:38:08.320 --> 02:38:10.320
There are others already.
02:38:10.320 --> 02:38:12.320
You type something and you get a picture
02:38:12.320 --> 02:38:14.320
created. You type something and you get a video created.
02:38:14.320 --> 02:38:16.320
I have requested
02:38:16.320 --> 02:38:18.320
a friend to create a video of me
02:38:18.320 --> 02:38:20.320
talking in my accent.
02:38:20.320 --> 02:38:22.320
And you will see it eventually.
02:38:22.320 --> 02:38:24.320
I'll post it on Twitter when it becomes
02:38:24.320 --> 02:38:26.320
ready. When Nilesh is talking
02:38:26.320 --> 02:38:28.320
in Nilesh's voice.
02:38:28.320 --> 02:38:30.320
And it is not
02:38:30.320 --> 02:38:32.320
Nilesh. You've seen it probably.
02:38:32.320 --> 02:38:34.320
Obama talking. He's not Obama.
02:38:34.320 --> 02:38:36.320
He's somebody else.
02:38:36.320 --> 02:38:38.320
Completely manipulated,
02:38:38.320 --> 02:38:40.320
automatically created through machine learning.
02:38:40.320 --> 02:38:42.320
And so you will
02:38:42.320 --> 02:38:44.320
one day you will see Nilesh talking in
02:38:44.320 --> 02:38:46.320
my accent, but it is not going to be
02:38:46.320 --> 02:38:48.320
me. And that might happen
02:38:48.320 --> 02:38:50.320
soon. As soon as the product finishes.
02:38:54.320 --> 02:38:56.320
So that is how you think
02:38:56.320 --> 02:38:58.320
about cloud computing and machine learning.
02:38:58.320 --> 02:39:00.320
They are all together. They're not going to kill
02:39:00.320 --> 02:39:02.320
each other, but help each other.
02:39:06.320 --> 02:39:08.320
Got it. Thank you.
02:39:08.320 --> 02:39:10.320
Next one, please.
02:39:10.320 --> 02:39:12.320
That actually
02:39:12.320 --> 02:39:14.320
yeah, I don't think
02:39:14.320 --> 02:39:16.320
we have another one except
02:39:16.320 --> 02:39:18.320
I just want to add
02:39:18.320 --> 02:39:20.320
that actually reminds me of the scenario that we have
02:39:20.320 --> 02:39:22.320
internal to
02:39:22.320 --> 02:39:24.320
where I work.
02:39:24.320 --> 02:39:26.320
We first focused on making the product
02:39:26.320 --> 02:39:28.320
work, then we worked upon the efficiency.
02:39:28.320 --> 02:39:30.320
Just like what you did with AI.
02:39:30.320 --> 02:39:32.320
First you have a speed
02:39:32.320 --> 02:39:34.320
so that you can just analyze and just
02:39:34.320 --> 02:39:36.320
correct it later on.
02:39:36.320 --> 02:39:38.320
That was quite useful for us
02:39:38.320 --> 02:39:40.320
in the end as well.
02:39:40.320 --> 02:39:42.320
Took the time from about two hours
02:39:42.320 --> 02:39:44.320
to around three hours. No, no, no.
02:39:44.320 --> 02:39:46.320
Two days to three hours.
02:39:46.320 --> 02:39:48.320
So that is kind of interesting.
02:39:48.320 --> 02:39:50.320
So
02:39:50.320 --> 02:39:52.320
Vijay is here and Sagi
02:39:52.320 --> 02:39:54.320
is here. So yeah, Vijay
02:39:54.320 --> 02:39:56.320
good to see you again.
02:39:56.320 --> 02:39:58.320
Hello.
02:39:58.320 --> 02:40:00.320
My main question was going to be what did I
02:40:00.320 --> 02:40:02.320
miss?
02:40:02.320 --> 02:40:04.320
So we recorded the whole thing.
02:40:04.320 --> 02:40:06.320
There were a lot. So we recorded the whole thing
02:40:06.320 --> 02:40:08.320
and I'll release this audio in
02:40:08.320 --> 02:40:10.320
form of a podcast on Spotify. You will
02:40:10.320 --> 02:40:12.320
see that.
02:40:12.320 --> 02:40:14.320
So we are recording.
02:40:14.320 --> 02:40:16.320
We have a question from Sagi. Hi.
02:40:16.320 --> 02:40:18.320
Just
02:40:18.320 --> 02:40:20.320
open a mic and speak.
02:40:20.320 --> 02:40:22.320
Hello.
02:40:22.320 --> 02:40:24.320
Hello, sir.
02:40:24.320 --> 02:40:26.320
Sir, my question was
02:40:26.320 --> 02:40:28.320
that
02:40:28.320 --> 02:40:30.320
can you hear me?
02:40:30.320 --> 02:40:32.320
Yes, Sagi. Go ahead.
02:40:32.320 --> 02:40:34.320
Yeah, my question
02:40:34.320 --> 02:40:36.320
was that how
02:40:36.320 --> 02:40:38.320
can we overcome
02:40:38.320 --> 02:40:40.320
the constant losing job
02:40:40.320 --> 02:40:42.320
stress?
02:40:44.320 --> 02:40:46.320
So
02:40:46.320 --> 02:40:48.320
we will have to find out
02:40:48.320 --> 02:40:50.320
where the stress comes from.
02:40:50.320 --> 02:40:52.320
Then we will be able to tell you how to overcome
02:40:52.320 --> 02:40:54.320
it. Because
02:40:54.320 --> 02:40:56.320
the stress has to have some
02:40:56.320 --> 02:40:58.320
source of its origin.
02:40:58.320 --> 02:41:00.320
Where is it coming from? That's for you to find out
02:41:00.320 --> 02:41:02.320
where the stress is originating from. Is it the
02:41:02.320 --> 02:41:04.320
boss? Change the boss.
02:41:04.320 --> 02:41:06.320
Is it something else?
02:41:06.320 --> 02:41:08.320
Change that thing.
02:41:08.320 --> 02:41:10.320
That's how you deal with stress.
02:41:10.320 --> 02:41:12.320
Right?
02:41:12.320 --> 02:41:14.320
If you are in a situation where
02:41:14.320 --> 02:41:16.320
you are not happy with whatever you have,
02:41:16.320 --> 02:41:18.320
you change it. That's the
02:41:18.320 --> 02:41:20.320
best way to manage stress.
02:41:20.320 --> 02:41:22.320
So if you have a job and the boss is bothering you,
02:41:22.320 --> 02:41:24.320
fire the boss.
02:41:24.320 --> 02:41:26.320
Take him out of the job. I mean,
02:41:26.320 --> 02:41:28.320
understand? That's what I'm saying.
02:41:28.320 --> 02:41:30.320
Fire the boss.
02:41:32.320 --> 02:41:34.320
Okay.
02:41:34.320 --> 02:41:36.320
So you have to find out what is causing the
02:41:36.320 --> 02:41:38.320
stress. And then kill it.
02:41:40.320 --> 02:41:42.320
I don't know what's causing stress for you.
02:41:42.320 --> 02:41:44.320
You have to find it yourself and shoot the
02:41:44.320 --> 02:41:46.320
bastard.
02:41:46.320 --> 02:41:48.320
Yes, hi.
02:41:48.320 --> 02:41:50.320
Thank you, sir.
02:41:54.320 --> 02:41:56.320
Once I was a Christian, I've been dealing with
02:41:56.320 --> 02:41:58.320
JS for a while.
02:41:58.320 --> 02:42:00.320
Although I'm a student,
02:42:00.320 --> 02:42:02.320
so I do take a break when I'm in school
02:42:02.320 --> 02:42:04.320
because it's not easy to do programming
02:42:04.320 --> 02:42:06.320
while in school because of
02:42:06.320 --> 02:42:08.320
light issues. But the problem
02:42:08.320 --> 02:42:10.320
I have is I've been dealing with JavaScript
02:42:10.320 --> 02:42:12.320
for a while. I can't really comprehend.
02:42:12.320 --> 02:42:14.320
Like yesterday, I watched
02:42:14.320 --> 02:42:16.320
a six-hour video. So I was
02:42:16.320 --> 02:42:18.320
like, I should do a small project like
02:42:18.320 --> 02:42:20.320
this. I couldn't do anything. I
02:42:20.320 --> 02:42:22.320
was just stuck. So I just
02:42:22.320 --> 02:42:24.320
want to ask for help, anything that
02:42:24.320 --> 02:42:26.320
I can do.
02:42:30.320 --> 02:42:32.320
So Abdul Waheed, I
02:42:32.320 --> 02:42:34.320
did not understand your question, probably
02:42:34.320 --> 02:42:36.320
because of accent.
02:42:36.320 --> 02:42:38.320
So if you can speak
02:42:38.320 --> 02:42:40.320
slowly in a few sentences again,
02:42:40.320 --> 02:42:42.320
I would appreciate that.
02:42:42.320 --> 02:42:44.320
I do understand. I have friends in Nigeria,
02:42:44.320 --> 02:42:46.320
by the way.
02:42:46.320 --> 02:42:48.320
And I do interact with lots
02:42:48.320 --> 02:42:50.320
of people from there. But I
02:42:50.320 --> 02:42:54.320
did not understand you, and I'm sorry for that.
02:42:54.320 --> 02:42:56.320
Okay. The problem
02:42:56.320 --> 02:42:58.320
is that
02:42:58.320 --> 02:43:00.320
I'm kind of
02:43:00.320 --> 02:43:02.320
stuck with JavaScript for a while.
02:43:02.320 --> 02:43:04.320
So
02:43:04.320 --> 02:43:06.320
like, for example, yesterday...
02:43:06.320 --> 02:43:08.320
Please stop. Please stop. Did you say
02:43:08.320 --> 02:43:10.320
you're stuck with JavaScript?
02:43:10.320 --> 02:43:12.320
Yes. Yes.
02:43:12.320 --> 02:43:14.320
Okay. Okay. Now, go ahead.
02:43:14.320 --> 02:43:16.320
I understand. Go ahead. Keep going.
02:43:16.320 --> 02:43:18.320
Yeah. Like yesterday,
02:43:18.320 --> 02:43:20.320
I watched a straight video of six
02:43:20.320 --> 02:43:22.320
hours. So I was like,
02:43:22.320 --> 02:43:24.320
I was trying to build a small project to
02:43:24.320 --> 02:43:26.320
know maybe I'm
02:43:26.320 --> 02:43:28.320
comprehending the video.
02:43:28.320 --> 02:43:30.320
So I couldn't do anything.
02:43:30.320 --> 02:43:32.320
So I tried my best.
02:43:32.320 --> 02:43:34.320
So I don't know why.
02:43:34.320 --> 02:43:36.320
So that's why I'm asking if there is any
02:43:36.320 --> 02:43:38.320
method to learn.
02:43:40.320 --> 02:43:42.320
I understand your question now. I'll
02:43:42.320 --> 02:43:44.320
read the question. I mean, I'll speak
02:43:44.320 --> 02:43:46.320
the question again for everybody to understand.
02:43:46.320 --> 02:43:48.320
The question is, Abdul Waheed
02:43:48.320 --> 02:43:50.320
from Nigeria is learning
02:43:50.320 --> 02:43:52.320
JavaScript. He watched something
02:43:52.320 --> 02:43:54.320
and he's doing it for six hours
02:43:54.320 --> 02:43:56.320
and still could not succeed. What should we do?
02:43:56.320 --> 02:43:58.320
The simple answer is
02:43:58.320 --> 02:44:00.320
find another video.
02:44:00.320 --> 02:44:02.320
That's a quick answer.
02:44:02.320 --> 02:44:04.320
The right answer is
02:44:04.320 --> 02:44:06.320
go search for JavaScript
02:44:06.320 --> 02:44:08.320
tutorials in YouTube, for
02:44:08.320 --> 02:44:10.320
example, and sort them by the
02:44:10.320 --> 02:44:12.320
number of views, number of ratings,
02:44:12.320 --> 02:44:14.320
find the read the comments,
02:44:14.320 --> 02:44:16.320
do a Google search on
02:44:16.320 --> 02:44:18.320
which are the best videos for your
02:44:18.320 --> 02:44:20.320
specific situation, which aspect of JavaScript
02:44:20.320 --> 02:44:22.320
you're trying to understand
02:44:22.320 --> 02:44:24.320
and watch that. And as you watch,
02:44:24.320 --> 02:44:26.320
don't just watch.
02:44:26.320 --> 02:44:28.320
Pause and do what they're doing
02:44:28.320 --> 02:44:30.320
yourself. And then play
02:44:30.320 --> 02:44:32.320
it again and rewind and repeat
02:44:32.320 --> 02:44:34.320
and rewind and repeat until you
02:44:34.320 --> 02:44:36.320
get what you want. If you don't get the answer,
02:44:36.320 --> 02:44:38.320
go do Stack Overflow. Search.
02:44:38.320 --> 02:44:40.320
Get the answer there.
02:44:40.320 --> 02:44:42.320
If you don't get the answer, ask
02:44:42.320 --> 02:44:44.320
your friend or post it on
02:44:44.320 --> 02:44:46.320
some forum and wait for somebody to respond
02:44:46.320 --> 02:44:48.320
or ask your question on Stack Overflow
02:44:48.320 --> 02:44:50.320
and see if somebody helps you out.
02:44:50.320 --> 02:44:52.320
That's how most
02:44:52.320 --> 02:44:54.320
people work. That's the right
02:44:54.320 --> 02:44:56.320
way to work.
02:44:56.320 --> 02:44:58.320
And if you don't succeed with
02:44:58.320 --> 02:45:00.320
one video, find another video.
02:45:00.320 --> 02:45:02.320
If not
02:45:02.320 --> 02:45:04.320
third video, it goes on.
02:45:04.320 --> 02:45:06.320
By the way, something I remember is this
02:45:06.320 --> 02:45:08.320
thing called FreeCodeCamp has a beautiful
02:45:08.320 --> 02:45:10.320
JavaScript thing.
02:45:10.320 --> 02:45:12.320
Just follow that. It's a beautiful
02:45:12.320 --> 02:45:14.320
free thing. You should use it. FreeCodeCamp
02:45:14.320 --> 02:45:16.320
is a good one. Another free
02:45:16.320 --> 02:45:18.320
resource is Khan Academy.
02:45:18.320 --> 02:45:20.320
It is something that is
02:45:20.320 --> 02:45:22.320
absolutely brilliant and awesome
02:45:22.320 --> 02:45:24.320
and I use it even today.
02:45:24.320 --> 02:45:26.320
Khan Academy.
02:45:26.320 --> 02:45:28.320
You may have heard of it.
02:45:34.320 --> 02:45:36.320
Yes, Pratyush.
02:45:36.320 --> 02:45:38.320
Yeah, let Vijay go first.
02:45:38.320 --> 02:45:40.320
Okay, Vijay.
02:45:40.320 --> 02:45:42.320
Okay, I was
02:45:42.320 --> 02:45:44.320
going to ask or
02:45:44.320 --> 02:45:46.320
add that if I
02:45:46.320 --> 02:45:48.320
heard him correctly, he was saying that he
02:45:48.320 --> 02:45:50.320
watched the tutorial for six hours
02:45:50.320 --> 02:45:52.320
and was still stuck.
02:45:52.320 --> 02:45:54.320
So one thing I wanted to clarify that
02:45:54.320 --> 02:45:56.320
if you are trying to
02:45:56.320 --> 02:45:58.320
process everything, if the
02:45:58.320 --> 02:46:00.320
tutorial itself is six hours long, meaning
02:46:00.320 --> 02:46:02.320
that it was covering a lot of topics
02:46:02.320 --> 02:46:04.320
and if you're trying to cover or digest
02:46:04.320 --> 02:46:06.320
everything at once,
02:46:06.320 --> 02:46:08.320
that might feel overwhelming.
02:46:08.320 --> 02:46:10.320
So I would say if that's what you're facing, you should
02:46:10.320 --> 02:46:12.320
also kind of break it down, like
02:46:12.320 --> 02:46:14.320
learn one small or basic
02:46:14.320 --> 02:46:16.320
concept, experiment with that,
02:46:16.320 --> 02:46:18.320
experiment with that, kind of implement
02:46:18.320 --> 02:46:20.320
that and kind of get understanding and then move
02:46:20.320 --> 02:46:22.320
on to the next one rather than trying
02:46:22.320 --> 02:46:24.320
to learn the whole JavaScript in
02:46:24.320 --> 02:46:26.320
six hours. But I'm not sure if that's what
02:46:26.320 --> 02:46:28.320
you were doing. I'm just
02:46:28.320 --> 02:46:30.320
assuming that if that's one of the problems,
02:46:30.320 --> 02:46:34.320
then you should break it.
02:46:42.320 --> 02:46:44.320
I think that was a good answer, Vijay. Thank you.
02:46:44.320 --> 02:46:46.320
And so there is a question from
02:46:46.320 --> 02:46:48.320
Suman Giri
02:46:48.320 --> 02:46:50.320
about where do I find a Spotify
02:46:50.320 --> 02:46:52.320
podcast? So you go to my website
02:46:52.320 --> 02:46:54.320
and that's where you'll find at the bottom,
02:46:54.320 --> 02:46:56.320
very bottom you'll see a Spotify link.
02:46:56.320 --> 02:46:58.320
That's where the Spotify
02:46:58.320 --> 02:47:00.320
podcast is. You can see
02:47:00.320 --> 02:47:02.320
it right there. My website should be
02:47:02.320 --> 02:47:04.320
on my profile.
02:47:06.320 --> 02:47:08.320
This question was in DM, by the way.
02:47:10.320 --> 02:47:12.320
For Suman Giri
02:47:12.320 --> 02:47:14.320
from Nepal.
02:47:16.320 --> 02:47:18.320
So Bawuk has this question and I would like
02:47:18.320 --> 02:47:20.320
to take up his question, which is he
02:47:20.320 --> 02:47:22.320
I think put on Nest. The question
02:47:22.320 --> 02:47:24.320
needs some background. The background
02:47:24.320 --> 02:47:26.320
is a video that you have to watch for 16
02:47:26.320 --> 02:47:28.320
minutes to understand the context. I'll give you
02:47:28.320 --> 02:47:30.320
a short summary. The summary
02:47:30.320 --> 02:47:32.320
is how do you invest?
02:47:32.320 --> 02:47:34.320
What do you invest in? And so
02:47:34.320 --> 02:47:36.320
the story in that video is going about
02:47:36.320 --> 02:47:38.320
flipping a coin and you flip a coin
02:47:38.320 --> 02:47:40.320
and if you had you win
02:47:40.320 --> 02:47:42.320
50% chance of winning
02:47:42.320 --> 02:47:44.320
and the other way is
02:47:44.320 --> 02:47:46.320
you have 40% chance of losing.
02:47:46.320 --> 02:47:48.320
So it's not a fair game.
02:47:48.320 --> 02:47:50.320
Actually, it's a better than fair game.
02:47:50.320 --> 02:47:52.320
So flip, flip, flip, 50
02:47:52.320 --> 02:47:54.320
chance of win, 40 chance of lose.
02:47:54.320 --> 02:47:56.320
And if you keep playing that game
02:47:56.320 --> 02:47:58.320
what do you think will happen?
02:48:00.320 --> 02:48:02.320
Over time?
02:48:02.320 --> 02:48:04.320
Anybody? Any guesses?
02:48:04.320 --> 02:48:06.320
The average
02:48:06.320 --> 02:48:08.320
outcome is that you'll win is what
02:48:08.320 --> 02:48:10.320
rational thinking tells us.
02:48:10.320 --> 02:48:12.320
Yes. But what should
02:48:12.320 --> 02:48:14.320
you be doing? Should you keep playing that one
02:48:14.320 --> 02:48:16.320
game forever?
02:48:16.320 --> 02:48:18.320
No. You should not.
02:48:18.320 --> 02:48:20.320
What you instead should do
02:48:20.320 --> 02:48:22.320
and that's the answer to the question that
02:48:22.320 --> 02:48:24.320
Bhavak is asking or wanting to ask
02:48:24.320 --> 02:48:26.320
implicitly is
02:48:26.320 --> 02:48:28.320
you want to play multiple such games
02:48:28.320 --> 02:48:30.320
simultaneously. That's the origin
02:48:30.320 --> 02:48:32.320
of what is called portfolio theory
02:48:32.320 --> 02:48:34.320
of modern portfolio theory.
02:48:34.320 --> 02:48:36.320
If you can read up on that. It's a
02:48:36.320 --> 02:48:38.320
MBA finance question
02:48:38.320 --> 02:48:40.320
topic. Portfolio theory
02:48:40.320 --> 02:48:42.320
is the topic of discussion
02:48:42.320 --> 02:48:44.320
in which there are certain phrases that I think I
02:48:44.320 --> 02:48:46.320
already wrote to Bhavak a while ago.
02:48:46.320 --> 02:48:48.320
The phrases I'm going to
02:48:48.320 --> 02:48:50.320
enumerate them. One of them
02:48:50.320 --> 02:48:52.320
is efficient frontier.
02:48:52.320 --> 02:48:54.320
Efficient frontier.
02:48:54.320 --> 02:48:56.320
These are finance topics
02:48:56.320 --> 02:48:58.320
not technology topics but I'm just saying
02:48:58.320 --> 02:49:00.320
out loud so you can Google them
02:49:00.320 --> 02:49:02.320
or study them on your own.
02:49:02.320 --> 02:49:04.320
These are related to how you
02:49:04.320 --> 02:49:06.320
make investment decisions for yourself.
02:49:06.320 --> 02:49:08.320
To understand what efficient frontier
02:49:08.320 --> 02:49:10.320
is. I'm not going to go detail in that
02:49:10.320 --> 02:49:12.320
topic because it's way too much nerdy
02:49:12.320 --> 02:49:14.320
in finance. I'll not do that right now.
02:49:14.320 --> 02:49:16.320
But learn these things on your own
02:49:16.320 --> 02:49:18.320
by doing Wikipedia searches.
02:49:18.320 --> 02:49:20.320
Portfolio analysis.
02:49:20.320 --> 02:49:22.320
Modern portfolio theory.
02:49:22.320 --> 02:49:24.320
Efficient
02:49:24.320 --> 02:49:26.320
frontier.
02:49:26.320 --> 02:49:28.320
Risk free rate.
02:49:28.320 --> 02:49:30.320
Understand
02:49:30.320 --> 02:49:32.320
Bitcoin.
02:49:32.320 --> 02:49:34.320
Understand the federal
02:49:34.320 --> 02:49:36.320
reserve. See what is happening
02:49:36.320 --> 02:49:38.320
in the global
02:49:38.320 --> 02:49:40.320
economy. See what is
02:49:40.320 --> 02:49:42.320
happening in the US economy.
02:49:42.320 --> 02:49:44.320
See what is happening in your country
02:49:44.320 --> 02:49:46.320
economy. These are big topics
02:49:46.320 --> 02:49:48.320
and it takes a lot of time to read
02:49:48.320 --> 02:49:50.320
but you should.
02:49:50.320 --> 02:49:52.320
If you don't read and don't understand
02:49:52.320 --> 02:49:54.320
you will be playing in
02:49:54.320 --> 02:49:56.320
the dark. So read
02:49:56.320 --> 02:49:58.320
understand. Experiment
02:49:58.320 --> 02:50:00.320
small and experiment
02:50:00.320 --> 02:50:02.320
a lot.
02:50:02.320 --> 02:50:04.320
Lots of small experiments. It's a good
02:50:04.320 --> 02:50:06.320
thing. You will lose some, you will
02:50:06.320 --> 02:50:08.320
win some. I told you about
02:50:08.320 --> 02:50:10.320
VC. How do VCs invest?
02:50:10.320 --> 02:50:12.320
$100 million. They don't put
02:50:12.320 --> 02:50:14.320
all that money in one company, one startup.
02:50:14.320 --> 02:50:16.320
They spread it.
02:50:16.320 --> 02:50:18.320
Spread the risk.
02:50:18.320 --> 02:50:20.320
And when you go work for one company
02:50:20.320 --> 02:50:22.320
you are actually betting on that one
02:50:22.320 --> 02:50:24.320
company's success.
02:50:24.320 --> 02:50:26.320
You are actually doing the opposite of what the VC
02:50:26.320 --> 02:50:28.320
does. What VC is doing is
02:50:28.320 --> 02:50:30.320
spreading the risk. You are taking on all
02:50:30.320 --> 02:50:32.320
the risk in one company. You want
02:50:32.320 --> 02:50:34.320
to spread your risk in multiple
02:50:34.320 --> 02:50:36.320
projects.
02:50:36.320 --> 02:50:38.320
Multiple things you do in your life
02:50:38.320 --> 02:50:40.320
to optimize your portfolio.
02:50:40.320 --> 02:50:42.320
To reach the optimal outcome.
02:50:42.320 --> 02:50:44.320
And that's how
02:50:44.320 --> 02:50:46.320
the answer to Bhavak's question
02:50:46.320 --> 02:50:48.320
in your nest.
02:50:48.320 --> 02:50:50.320
There may be
02:50:50.320 --> 02:50:52.320
other questions that Bhavak has. So go ahead
02:50:52.320 --> 02:50:54.320
and ask them.
02:50:54.320 --> 02:50:56.320
Another
02:50:56.320 --> 02:50:58.320
one of the questions was
02:50:58.320 --> 02:51:00.320
at age 40, I'm not sure
02:51:00.320 --> 02:51:02.320
if you will remember, what
02:51:02.320 --> 02:51:04.320
was your portfolio looking like?
02:51:04.320 --> 02:51:06.320
I explained this in one of the replies
02:51:06.320 --> 02:51:08.320
to that tweet as well.
02:51:08.320 --> 02:51:10.320
One is your company.
02:51:10.320 --> 02:51:12.320
I believe you were running
02:51:12.320 --> 02:51:14.320
courses there. And I believe
02:51:14.320 --> 02:51:16.320
I'm just assuming here that you might have some stock
02:51:16.320 --> 02:51:18.320
options from the company that you worked for.
02:51:18.320 --> 02:51:20.320
So these are the two obvious ones.
02:51:20.320 --> 02:51:22.320
But what else?
02:51:22.320 --> 02:51:24.320
So
02:51:24.320 --> 02:51:26.320
I understand.
02:51:26.320 --> 02:51:28.320
I think I would like you to mute.
02:51:28.320 --> 02:51:30.320
Please mute.
02:51:30.320 --> 02:51:32.320
The Microsoft company
02:51:32.320 --> 02:51:34.320
or any company in the US these days does
02:51:34.320 --> 02:51:36.320
not give you stock options. They don't.
02:51:36.320 --> 02:51:38.320
They just stop doing it like
02:51:38.320 --> 02:51:40.320
before I came to the US.
02:51:40.320 --> 02:51:42.320
So the tradition of giving stock options
02:51:42.320 --> 02:51:44.320
is stopped. They don't.
02:51:44.320 --> 02:51:46.320
What they do give you
02:51:46.320 --> 02:51:48.320
is stock grant.
02:51:48.320 --> 02:51:50.320
And you get a lot of grant, depending on
02:51:50.320 --> 02:51:52.320
what you're working on. So the grant
02:51:52.320 --> 02:51:54.320
is basically a grant of stock.
02:51:54.320 --> 02:51:56.320
And what I used to do is I
02:51:56.320 --> 02:51:58.320
immediately sell all the Microsoft stock.
02:51:58.320 --> 02:52:00.320
All of it.
02:52:00.320 --> 02:52:02.320
And buy Apple.
02:52:02.320 --> 02:52:04.320
That's what I did.
02:52:04.320 --> 02:52:06.320
Now
02:52:06.320 --> 02:52:08.320
doesn't mean that this is the right approach.
02:52:08.320 --> 02:52:10.320
But I'm just telling you what I did.
02:52:10.320 --> 02:52:12.320
Because you asked me that question.
02:52:14.320 --> 02:52:16.320
That's not the right approach by the way.
02:52:16.320 --> 02:52:18.320
That is not
02:52:18.320 --> 02:52:20.320
the right approach. Because it is like putting all
02:52:20.320 --> 02:52:22.320
your eggs in one basket. It's like
02:52:22.320 --> 02:52:24.320
you know, taking a big risk.
02:52:24.320 --> 02:52:26.320
Taking a bet. Taking one
02:52:26.320 --> 02:52:28.320
bet is bad. Taking
02:52:28.320 --> 02:52:30.320
lots of bets, good.
02:52:32.320 --> 02:52:34.320
Good bets. Take lots of
02:52:34.320 --> 02:52:36.320
good bets. You think something
02:52:36.320 --> 02:52:38.320
is good, that's why it makes it good. But it
02:52:38.320 --> 02:52:40.320
may turn out to be bad after the fact.
02:52:40.320 --> 02:52:42.320
And that's okay.
02:52:46.320 --> 02:52:48.320
So that was your portfolio?
02:52:48.320 --> 02:52:50.320
Like Apple stock?
02:52:50.320 --> 02:52:52.320
Yes.
02:52:52.320 --> 02:52:54.320
Okay.
02:52:54.320 --> 02:52:56.320
Alright. I think that
02:52:56.320 --> 02:52:58.320
played really well in your favor.
02:52:58.320 --> 02:53:00.320
Yes it did.
02:53:00.320 --> 02:53:02.320
And these days my son
02:53:02.320 --> 02:53:04.320
works at Apple.
02:53:04.320 --> 02:53:06.320
For five years or so.
02:53:06.320 --> 02:53:08.320
So that turned out to be really good
02:53:08.320 --> 02:53:10.320
even for him.
02:53:12.320 --> 02:53:14.320
Got it. I think that does make sense.
02:53:16.320 --> 02:53:18.320
But the challenge
02:53:18.320 --> 02:53:20.320
is most people will not do it that way.
02:53:20.320 --> 02:53:22.320
When I was at Microsoft I used to
02:53:22.320 --> 02:53:24.320
tell people I have everything in Apple.
02:53:24.320 --> 02:53:26.320
They laugh at me.
02:53:26.320 --> 02:53:28.320
I said fine. You can keep
02:53:28.320 --> 02:53:30.320
laughing. But I believe that this is
02:53:30.320 --> 02:53:32.320
a good company because they make products that
02:53:32.320 --> 02:53:34.320
people actually use.
02:53:34.320 --> 02:53:36.320
And therefore I keep investing.
02:53:38.320 --> 02:53:40.320
That's it.
02:53:40.320 --> 02:53:42.320
I just love their packaging design
02:53:42.320 --> 02:53:44.320
to be honest. Like how they package all this stuff.
02:53:44.320 --> 02:53:46.320
Packaging is part of the game.
02:53:46.320 --> 02:53:48.320
Packaging is a side topic. Yes. And packaging is
02:53:48.320 --> 02:53:50.320
part of the game. But the best thing that I
02:53:50.320 --> 02:53:52.320
find useful about Apple is
02:53:52.320 --> 02:53:54.320
how people use the product.
02:53:54.320 --> 02:53:56.320
It's not about the product.
02:53:56.320 --> 02:53:58.320
It's about how people use it.
02:53:58.320 --> 02:54:00.320
That is the best part.
02:54:02.320 --> 02:54:04.320
Yup.
02:54:04.320 --> 02:54:06.320
Actually I was using Apple products right away before
02:54:06.320 --> 02:54:08.320
I switched to this one before they charged up.
02:54:08.320 --> 02:54:10.320
But that's an off topic.
02:54:10.320 --> 02:54:12.320
Vijay, you want to add something?
02:54:12.320 --> 02:54:14.320
Yeah. Just a side note to what
02:54:14.320 --> 02:54:16.320
Neelay said.
02:54:16.320 --> 02:54:18.320
Also some companies and Microsoft
02:54:18.320 --> 02:54:20.320
is one of them offer you
02:54:20.320 --> 02:54:22.320
something called Employee Stock Purchase Plan.
02:54:22.320 --> 02:54:24.320
So you can buy
02:54:24.320 --> 02:54:26.320
Microsoft shares at a discount.
02:54:26.320 --> 02:54:28.320
And you can then
02:54:28.320 --> 02:54:30.320
immediately sell them.
02:54:30.320 --> 02:54:32.320
Immediately meaning not the same day
02:54:32.320 --> 02:54:34.320
maybe there is some restriction. So that also
02:54:34.320 --> 02:54:36.320
I think can work really well for
02:54:36.320 --> 02:54:38.320
some of the people working at some companies
02:54:38.320 --> 02:54:40.320
who offer that. Google doesn't.
02:54:40.320 --> 02:54:42.320
Amazon doesn't. But Microsoft does.
02:54:42.320 --> 02:54:44.320
So that's almost like a
02:54:44.320 --> 02:54:46.320
short way of making some money if the
02:54:46.320 --> 02:54:48.320
stock is not too volatile.
02:54:48.320 --> 02:54:50.320
Just a side note to what
02:54:50.320 --> 02:54:52.320
Neelay was saying.
02:54:52.320 --> 02:54:54.320
By the way this approach that Vijay
02:54:54.320 --> 02:54:56.320
is suggesting is a very valid one.
02:54:56.320 --> 02:54:58.320
Make maximum use of what the company gives you.
02:54:58.320 --> 02:55:00.320
ESPP is called
02:55:00.320 --> 02:55:02.320
Employee Stock Purchase Plan.
02:55:02.320 --> 02:55:04.320
Use that. Employee Stock Grant.
02:55:04.320 --> 02:55:06.320
Use that. Any other thing that the
02:55:06.320 --> 02:55:08.320
company gives you, take it.
02:55:08.320 --> 02:55:10.320
Some people miss on the idea of
02:55:10.320 --> 02:55:12.320
what is called 401k
02:55:12.320 --> 02:55:14.320
company contribution.
02:55:14.320 --> 02:55:16.320
Take that. People just don't know these things.
02:55:16.320 --> 02:55:18.320
So just take it. Take whatever they give you.
02:55:18.320 --> 02:55:20.320
Make full use of it.
02:55:20.320 --> 02:55:22.320
And then you take bets.
02:55:22.320 --> 02:55:24.320
You take bets in good things and
02:55:24.320 --> 02:55:26.320
don't do like I did. But you take good
02:55:26.320 --> 02:55:28.320
bets in like 10 companies,
02:55:28.320 --> 02:55:30.320
20 companies, maybe more, maybe less.
02:55:30.320 --> 02:55:32.320
And then
02:55:32.320 --> 02:55:34.320
build a portfolio yourself after
02:55:34.320 --> 02:55:36.320
you research yourself. It's a hard
02:55:36.320 --> 02:55:38.320
task to ask somebody
02:55:38.320 --> 02:55:40.320
to research 10 companies.
02:55:40.320 --> 02:55:42.320
It's a lot of work. It's a full time
02:55:42.320 --> 02:55:44.320
job. To manage money itself
02:55:44.320 --> 02:55:46.320
is a full time job.
02:55:46.320 --> 02:55:48.320
That's hard. Managing
02:55:48.320 --> 02:55:50.320
money itself, you know, it is
02:55:50.320 --> 02:55:52.320
hard. You know, there are companies who do that
02:55:52.320 --> 02:55:54.320
for a big amount of money
02:55:54.320 --> 02:55:56.320
people charge just to manage your money.
02:55:56.320 --> 02:55:58.320
It is hard. And even
02:55:58.320 --> 02:56:00.320
then they suck.
02:56:00.320 --> 02:56:02.320
Everybody sucks.
02:56:02.320 --> 02:56:04.320
That's a fact of life. Nobody knows what's happening
02:56:04.320 --> 02:56:06.320
in the market in the future. Nobody can
02:56:06.320 --> 02:56:08.320
tell you. If anybody knows
02:56:08.320 --> 02:56:10.320
what is going to happen tomorrow,
02:56:10.320 --> 02:56:12.320
well, I'll beat Elon Musk
02:56:12.320 --> 02:56:14.320
right now.
02:56:14.320 --> 02:56:16.320
If I know what's happening tomorrow,
02:56:16.320 --> 02:56:18.320
I know how to beat
02:56:18.320 --> 02:56:20.320
him. If I knew.
02:56:22.320 --> 02:56:24.320
Also,
02:56:24.320 --> 02:56:26.320
I think something that you said needs to be
02:56:26.320 --> 02:56:28.320
highlighted one more time.
02:56:28.320 --> 02:56:30.320
You said it very wisely about
02:56:30.320 --> 02:56:32.320
portfolio optimization.
02:56:32.320 --> 02:56:34.320
And it is not maximization.
02:56:34.320 --> 02:56:36.320
You don't necessarily have to
02:56:36.320 --> 02:56:38.320
always look at maximizing your
02:56:38.320 --> 02:56:40.320
money because there is always higher risk,
02:56:40.320 --> 02:56:42.320
higher return or higher reward. But it
02:56:42.320 --> 02:56:44.320
depends on your own risk appetite.
02:56:44.320 --> 02:56:46.320
You have to optimize for your own situation.
02:56:46.320 --> 02:56:48.320
Not necessarily always go against
02:56:48.320 --> 02:56:50.320
what is going to give me the highest
02:56:50.320 --> 02:56:52.320
return. Yes, because highest
02:56:52.320 --> 02:56:54.320
returns usually come with highest risk.
02:56:54.320 --> 02:56:56.320
And not everybody has
02:56:56.320 --> 02:56:58.320
the same risk tolerance.
02:56:58.320 --> 02:57:00.320
So risk and reward go
02:57:00.320 --> 02:57:02.320
together.
02:57:02.320 --> 02:57:04.320
It's like, you know, go to Las Vegas
02:57:04.320 --> 02:57:06.320
and do a betting
02:57:06.320 --> 02:57:08.320
on some stupid game there.
02:57:08.320 --> 02:57:10.320
Las Vegas is a
02:57:10.320 --> 02:57:14.320
casino.
02:57:14.320 --> 02:57:16.320
So I go to the casino.
02:57:16.320 --> 02:57:18.320
I go to Las Vegas. Every time I go
02:57:18.320 --> 02:57:20.320
there, I play a game, one machine.
02:57:20.320 --> 02:57:22.320
I'm my favorite machine there.
02:57:22.320 --> 02:57:24.320
I'll tell you about that machine. It's a very
02:57:24.320 --> 02:57:26.320
beautiful machine. It gives me four
02:57:26.320 --> 02:57:28.320
quarters.
02:57:28.320 --> 02:57:30.320
Quarter is like 25 cents.
02:57:30.320 --> 02:57:32.320
Every single time
02:57:32.320 --> 02:57:34.320
I put in a dollar,
02:57:34.320 --> 02:57:36.320
it gives me four quarters back.
02:57:38.320 --> 02:57:40.320
Every single time.
02:57:40.320 --> 02:57:42.320
Best machine on the planet in
02:57:42.320 --> 02:57:44.320
Las Vegas is that machine.
02:57:44.320 --> 02:57:46.320
What is that machine called?
02:57:46.320 --> 02:57:48.320
Do you know?
02:57:48.320 --> 02:57:50.320
It's a slot machine.
02:57:50.320 --> 02:57:52.320
Coin vending machine?
02:57:52.320 --> 02:57:54.320
Who was that saying?
02:57:54.320 --> 02:57:56.320
Babuk?
02:57:56.320 --> 02:57:58.320
Coin vending machine?
02:57:58.320 --> 02:58:00.320
Yes, it's also called change machine.
02:58:00.320 --> 02:58:02.320
It gives you change.
02:58:02.320 --> 02:58:04.320
It gives you change.
02:58:04.320 --> 02:58:06.320
It gives you one rupee, two, four, fifty.
02:58:06.320 --> 02:58:08.320
That is my favorite machine.
02:58:08.320 --> 02:58:10.320
Basically, it has zero risk and zero reward.
02:58:10.320 --> 02:58:12.320
Put one rupee in, one rupee out.
02:58:12.320 --> 02:58:14.320
Four quarters back.
02:58:14.320 --> 02:58:16.320
One put one dollar, get four quarters
02:58:16.320 --> 02:58:18.320
back every single time without fail.
02:58:18.320 --> 02:58:20.320
No risk.
02:58:20.320 --> 02:58:22.320
And no return. Zero risk, zero
02:58:22.320 --> 02:58:24.320
return. That's the idea
02:58:24.320 --> 02:58:26.320
of risk at the low profile. On the
02:58:26.320 --> 02:58:28.320
high risk, when you go
02:58:28.320 --> 02:58:30.320
play some random slot machine in Las
02:58:30.320 --> 02:58:32.320
Vegas, put some money, nothing comes
02:58:32.320 --> 02:58:34.320
out. Put more money, nothing comes out.
02:58:34.320 --> 02:58:36.320
Because it will never come out.
02:58:36.320 --> 02:58:38.320
Maybe never is not the right word.
02:58:38.320 --> 02:58:40.320
Once in a blue moon, it might come
02:58:40.320 --> 02:58:42.320
something and you might win something.
02:58:42.320 --> 02:58:44.320
But that's a rare thing.
02:58:44.320 --> 02:58:46.320
That's a very high risk and
02:58:46.320 --> 02:58:48.320
very high reward situation.
02:58:48.320 --> 02:58:50.320
Again, same in Las Vegas.
02:58:50.320 --> 02:58:52.320
There are two extremes in Las Vegas.
02:58:52.320 --> 02:58:54.320
The change machine that I mentioned about.
02:58:54.320 --> 02:58:56.320
Put one dollar, get four quarters back.
02:58:56.320 --> 02:58:58.320
Zero risk, zero return.
02:58:58.320 --> 02:59:00.320
Extreme risk.
02:59:00.320 --> 02:59:02.320
Bet money and win big.
02:59:02.320 --> 02:59:04.320
Or win nothing.
02:59:04.320 --> 02:59:06.320
Win nothing is the most likely scenario.
02:59:06.320 --> 02:59:08.320
Win big is a possible rare
02:59:08.320 --> 02:59:10.320
case. So high risk, high reward.
02:59:10.320 --> 02:59:12.320
And those
02:59:12.320 --> 02:59:14.320
are legal things. There are certain
02:59:14.320 --> 02:59:16.320
things that are beyond legal, illegal things.
02:59:16.320 --> 02:59:18.320
Like stealing and theft.
02:59:18.320 --> 02:59:20.320
You can also go and steal
02:59:20.320 --> 02:59:22.320
a bank.
02:59:22.320 --> 02:59:24.320
Like completely do robbery.
02:59:24.320 --> 02:59:26.320
It's a very high risk. It might
02:59:26.320 --> 02:59:28.320
have a high reward. So you have to
02:59:28.320 --> 02:59:30.320
balance your risk and reward as to
02:59:30.320 --> 02:59:32.320
where you sit on the line
02:59:32.320 --> 02:59:34.320
on the efficient frontier. That's what
02:59:34.320 --> 02:59:36.320
efficient frontier means by the way.
02:59:36.320 --> 02:59:38.320
I think I mentioned the word efficient frontier.
02:59:38.320 --> 02:59:40.320
It's basically a graph of risk versus reward.
02:59:46.320 --> 02:59:48.320
Next question Bhavuk.
02:59:50.320 --> 02:59:52.320
I don't have currently
02:59:52.320 --> 02:59:54.320
anything on me.
02:59:54.320 --> 02:59:56.320
Then we'll open it to anybody else
02:59:56.320 --> 03:00:04.320
who has or may have any question.
03:00:04.320 --> 03:00:06.320
If you want to ask
03:00:06.320 --> 03:00:08.320
something to request for Mike.
03:00:08.320 --> 03:00:10.320
Somebody just did. Vikas Vakde.
03:00:10.320 --> 03:00:12.320
Hi.
03:00:16.320 --> 03:00:18.320
While he asks, I will head to my
03:00:18.320 --> 03:00:20.320
next meeting now. Good to see you
03:00:20.320 --> 03:00:22.320
again.
03:00:22.320 --> 03:00:24.320
This is more interesting than
03:00:24.320 --> 03:00:26.320
a meeting. So I have to jump.
03:00:26.320 --> 03:00:28.320
I have to go to the meeting as well.
03:00:30.320 --> 03:00:32.320
Bye folks.
03:00:32.320 --> 03:00:34.320
Hi Vikas.
03:00:34.320 --> 03:00:36.320
My question was how to manage our health
03:00:36.320 --> 03:00:38.320
in this technology field.
03:00:40.320 --> 03:00:42.320
It's a very good topic.
03:00:42.320 --> 03:00:44.320
The way to manage health
03:00:44.320 --> 03:00:46.320
is to shut up, get up and
03:00:46.320 --> 03:00:48.320
do it. You know what to do.
03:00:48.320 --> 03:00:50.320
That's the hardest thing to do.
03:00:50.320 --> 03:00:52.320
I know. You remind me to get up.
03:00:52.320 --> 03:00:54.320
You remind me to go get up and actually do something
03:00:54.320 --> 03:00:56.320
for today because yesterday
03:00:56.320 --> 03:00:58.320
I did skipping on a rope.
03:01:00.320 --> 03:01:02.320
And I'll do it today again.
03:01:02.320 --> 03:01:04.320
Or maybe go to the gym.
03:01:04.320 --> 03:01:06.320
Afternoon.
03:01:08.320 --> 03:01:10.320
But you have to do it.
03:01:10.320 --> 03:01:12.320
And you have to do it consistently
03:01:12.320 --> 03:01:14.320
inconsistent. Meaning some
03:01:14.320 --> 03:01:16.320
days you do more, some days you do less.
03:01:16.320 --> 03:01:18.320
That is inconsistency.
03:01:18.320 --> 03:01:20.320
But you do it every day.
03:01:20.320 --> 03:01:22.320
And that is consistency.
03:01:22.320 --> 03:01:24.320
So be consistently inconsistent.
03:01:26.320 --> 03:01:28.320
Because nobody can do exactly the same thing
03:01:28.320 --> 03:01:30.320
every single day. That's impossible.
03:01:30.320 --> 03:01:32.320
That's what I mean by consistency
03:01:32.320 --> 03:01:34.320
is to do consistency.
03:01:34.320 --> 03:01:36.320
You know inconsistent
03:01:36.320 --> 03:01:38.320
things consistently.
03:01:38.320 --> 03:01:40.320
Keep doing whatever it takes.
03:01:40.320 --> 03:01:46.320
That's also okay.
03:01:46.320 --> 03:01:48.320
Chicken, mutton,
03:01:48.320 --> 03:01:50.320
whatever you want to eat, drink,
03:01:50.320 --> 03:01:52.320
have fun. Do that too.
03:01:52.320 --> 03:01:54.320
That's how it is.
03:01:58.320 --> 03:02:00.320
Sir, any tips on time management?
03:02:04.320 --> 03:02:06.320
The best tip of time management is to
03:02:06.320 --> 03:02:08.320
ignore your calendar.
03:02:08.320 --> 03:02:10.320
I know it's impossible for most people.
03:02:12.320 --> 03:02:14.320
But don't book a meeting.
03:02:14.320 --> 03:02:16.320
The time opens automatically.
03:02:16.320 --> 03:02:18.320
I mean what I'm saying in English
03:02:18.320 --> 03:02:20.320
is you don't take meetings.
03:02:20.320 --> 03:02:22.320
Very rarely
03:02:22.320 --> 03:02:24.320
I don't book
03:02:24.320 --> 03:02:26.320
specific meetings for a specific time.
03:02:26.320 --> 03:02:28.320
Unless today like we did this at
03:02:28.320 --> 03:02:30.320
the set time I announced it and I'm here.
03:02:30.320 --> 03:02:32.320
But that's a rare thing
03:02:32.320 --> 03:02:34.320
for me. I never book meetings.
03:02:34.320 --> 03:02:36.320
Unless there is a requirement
03:02:36.320 --> 03:02:38.320
that I put on myself.
03:02:38.320 --> 03:02:40.320
But not everybody has the flexibility.
03:02:40.320 --> 03:02:42.320
You have this stupid thing called meetings
03:02:42.320 --> 03:02:44.320
that you just have to do if you're working
03:02:44.320 --> 03:02:46.320
for a company or employer.
03:02:46.320 --> 03:02:48.320
The trick that you can play there
03:02:48.320 --> 03:02:50.320
is to
03:02:50.320 --> 03:02:52.320
organize meetings for 37
03:02:52.320 --> 03:02:54.320
minutes or 21
03:02:54.320 --> 03:02:56.320
minutes.
03:02:56.320 --> 03:02:58.320
It's a weird idea that I just gave you.
03:02:58.320 --> 03:03:00.320
Don't book for the full hour or full one hour
03:03:00.320 --> 03:03:02.320
or 30 minutes. Just do it for like
03:03:02.320 --> 03:03:04.320
I need 12 minutes for this meeting.
03:03:04.320 --> 03:03:06.320
I book it only for that time.
03:03:06.320 --> 03:03:08.320
And then everybody is in
03:03:08.320 --> 03:03:10.320
a rush to get out of the room at the end
03:03:10.320 --> 03:03:12.320
of 12 minutes. So what you will
03:03:12.320 --> 03:03:14.320
end up doing is finish the meeting before
03:03:14.320 --> 03:03:16.320
that. Otherwise you go away.
03:03:16.320 --> 03:03:18.320
That's it.
03:03:18.320 --> 03:03:20.320
That's how you should regulate yourself
03:03:20.320 --> 03:03:22.320
in a corporate situation.
03:03:22.320 --> 03:03:24.320
First of all reject
03:03:24.320 --> 03:03:26.320
any meeting invitation unless
03:03:26.320 --> 03:03:28.320
it has a clear goal as to what you want to accomplish.
03:03:30.320 --> 03:03:32.320
And then reduce
03:03:32.320 --> 03:03:34.320
the time it takes to actually have
03:03:34.320 --> 03:03:36.320
the meeting itself to an odd number.
03:03:36.320 --> 03:03:38.320
I will meet for
03:03:38.320 --> 03:03:40.320
12 minutes with you. That's it.
03:03:40.320 --> 03:03:42.320
Or let us be collaborative
03:03:42.320 --> 03:03:44.320
and agree to finish the meeting
03:03:44.320 --> 03:03:46.320
in 17 minutes because I have
03:03:46.320 --> 03:03:48.320
to go eat some
03:03:48.320 --> 03:03:50.320
paan or chai ki dukaan or something
03:03:50.320 --> 03:03:52.320
like that. Some random things.
03:03:52.320 --> 03:03:54.320
Make some random excuse and shrink
03:03:54.320 --> 03:03:56.320
the meeting time
03:03:56.320 --> 03:04:06.320
because meeting is a necessary evil.
03:04:06.320 --> 03:04:08.320
Does this help Vikas?
03:04:08.320 --> 03:04:10.320
Yes sir.
03:04:10.320 --> 03:04:12.320
Yes sir.
03:04:12.320 --> 03:04:14.320
Yes sir.
03:04:14.320 --> 03:04:16.320
Yes sir.
03:04:16.320 --> 03:04:18.320
Yes sir.
03:04:18.320 --> 03:04:20.320
Yes sir.
03:04:20.320 --> 03:04:22.320
Yes sir.
03:04:22.320 --> 03:04:24.320
Yes sir.
03:04:24.320 --> 03:04:26.320
Yes sir.
03:04:26.320 --> 03:04:28.320
Yes sir. Point is clear.
03:04:28.320 --> 03:04:30.320
Again one question.
03:04:30.320 --> 03:04:32.320
How to stay updated to this technology
03:04:32.320 --> 03:04:34.320
that is coming nowadays here?
03:04:34.320 --> 03:04:36.320
How to upskill ourselves
03:04:36.320 --> 03:04:38.320
according to that?
03:04:38.320 --> 03:04:40.320
The best way to upskill is to actually use it.
03:04:40.320 --> 03:04:42.320
Just
03:04:42.320 --> 03:04:44.320
whatever new thing comes, use it.
03:04:44.320 --> 03:04:46.320
Try it out.
03:04:46.320 --> 03:04:48.320
That's the best way to keep you up to date.
03:04:48.320 --> 03:04:50.320
And do searches.
03:04:50.320 --> 03:04:52.320
Experiment.
03:04:52.320 --> 03:04:54.320
Discuss with it.
03:04:54.320 --> 03:04:56.320
Make mistakes.
03:04:56.320 --> 03:04:58.320
Talk to your friends. Tweet about it.
03:04:58.320 --> 03:05:00.320
Crack jokes.
03:05:00.320 --> 03:05:02.320
Make memes
03:05:02.320 --> 03:05:04.320
like you did. Thank you Vikas.
03:05:04.320 --> 03:05:06.320
You did a beautiful meme.
03:05:06.320 --> 03:05:08.320
That's how you do it.
03:05:12.320 --> 03:05:14.320
Sir I was learning
03:05:14.320 --> 03:05:16.320
this web development.
03:05:16.320 --> 03:05:18.320
Two months back I started with HTML
03:05:18.320 --> 03:05:20.320
and now currently I am learning CSS.
03:05:20.320 --> 03:05:22.320
As you told someone that example
03:05:22.320 --> 03:05:24.320
of FreeCodeCamp. I am learning from
03:05:24.320 --> 03:05:26.320
there only. But
03:05:26.320 --> 03:05:28.320
the learning
03:05:28.320 --> 03:05:30.320
I do for two or three hours
03:05:30.320 --> 03:05:32.320
and if I just ask chatgpt
03:05:32.320 --> 03:05:34.320
to give me that
03:05:34.320 --> 03:05:36.320
whatever I did for two hours
03:05:36.320 --> 03:05:38.320
it just gives in
03:05:38.320 --> 03:05:40.320
within seconds. Now then I fear
03:05:40.320 --> 03:05:42.320
means what I am doing
03:05:42.320 --> 03:05:44.320
that AI is doing it
03:05:44.320 --> 03:05:46.320
within seconds. Am I doing
03:05:46.320 --> 03:05:48.320
it right or what shall I do?
03:05:48.320 --> 03:05:50.320
That question. Yes.
03:05:50.320 --> 03:05:52.320
I think I understand your question. You get
03:05:52.320 --> 03:05:54.320
afraid of AI because AI can produce a result
03:05:54.320 --> 03:05:56.320
faster than you can. That is going to be
03:05:56.320 --> 03:05:58.320
a truth. It is going to happen.
03:05:58.320 --> 03:06:00.320
It is already happening. And I think I already
03:06:00.320 --> 03:06:02.320
briefly mentioned about this. Where a
03:06:02.320 --> 03:06:04.320
doctor is writing a report and takes
03:06:04.320 --> 03:06:06.320
eight hours. AI comes in
03:06:06.320 --> 03:06:08.320
and writes the report in few
03:06:08.320 --> 03:06:10.320
seconds.
03:06:10.320 --> 03:06:12.320
The problem with AI is it is
03:06:12.320 --> 03:06:14.320
confidently
03:06:14.320 --> 03:06:16.320
wrong.
03:06:16.320 --> 03:06:18.320
It is bullshitting sometimes.
03:06:18.320 --> 03:06:20.320
utter nonsense.
03:06:20.320 --> 03:06:22.320
Go search on
03:06:22.320 --> 03:06:24.320
tell me about LV Nilesh.
03:06:24.320 --> 03:06:26.320
Go do Bard search. You will see
03:06:26.320 --> 03:06:28.320
the results. Some of them are
03:06:28.320 --> 03:06:30.320
hilarious.
03:06:30.320 --> 03:06:32.320
I even tweeted that and there is a Twitter
03:06:32.320 --> 03:06:34.320
thread on this
03:06:34.320 --> 03:06:36.320
Bard knows shit about Nilesh.
03:06:36.320 --> 03:06:38.320
You can search it. But you will see
03:06:38.320 --> 03:06:40.320
that there are some things that it is writing
03:06:40.320 --> 03:06:42.320
like a McKinsey consultant bullshitting
03:06:42.320 --> 03:06:44.320
with confidence.
03:06:44.320 --> 03:06:46.320
So it will produce a quick result
03:06:46.320 --> 03:06:48.320
about, it will produce the whole
03:06:48.320 --> 03:06:50.320
bio data, complete biography of
03:06:50.320 --> 03:06:52.320
me with every single thing I did in my life.
03:06:52.320 --> 03:06:54.320
Pretty darn accurate.
03:06:54.320 --> 03:06:56.320
But there are some glaring mistakes
03:06:56.320 --> 03:06:58.320
I can easily detect.
03:06:58.320 --> 03:07:00.320
So if I want to write a summary for me,
03:07:00.320 --> 03:07:02.320
for myself, on my own,
03:07:02.320 --> 03:07:04.320
I have to go talk to my wife.
03:07:04.320 --> 03:07:06.320
Hey, what were
03:07:06.320 --> 03:07:08.320
we doing that day or what were
03:07:08.320 --> 03:07:10.320
we doing and we lived in that country and then
03:07:10.320 --> 03:07:12.320
summarize it, make grammatical mistakes,
03:07:12.320 --> 03:07:14.320
correct them, takes me time.
03:07:14.320 --> 03:07:16.320
Instead of just ask Bard, hey,
03:07:16.320 --> 03:07:18.320
tell me about Nilesh. It gives you a
03:07:18.320 --> 03:07:20.320
stupid answer. Then you are able to
03:07:20.320 --> 03:07:22.320
easily detect the mistakes. You fix
03:07:22.320 --> 03:07:24.320
them and you have a good summary.
03:07:24.320 --> 03:07:26.320
In like 10 minutes as opposed to taking
03:07:26.320 --> 03:07:28.320
two hours to write yourself.
03:07:28.320 --> 03:07:30.320
So that's the way you use AI.
03:07:30.320 --> 03:07:32.320
Is to push the envelope
03:07:32.320 --> 03:07:34.320
of speed versus
03:07:34.320 --> 03:07:42.320
accuracy.
03:07:42.320 --> 03:07:44.320
It's not going to take your job away.
03:07:44.320 --> 03:07:46.320
It's going to help you in speeding up
03:07:46.320 --> 03:07:48.320
things that you do.
03:07:48.320 --> 03:07:50.320
So you're writing JavaScript?
03:07:50.320 --> 03:07:52.320
Well, you can write a better JavaScript program
03:07:52.320 --> 03:07:54.320
faster than yourself alone by using
03:07:54.320 --> 03:07:56.320
Bard or ChatGPD
03:07:56.320 --> 03:07:58.320
or some other tool.
03:07:58.320 --> 03:08:00.320
To produce a result.
03:08:00.320 --> 03:08:04.320
It's like, yeah.
03:08:04.320 --> 03:08:06.320
Okay, now I got it right.
03:08:06.320 --> 03:08:08.320
So don't be afraid of AI.
03:08:08.320 --> 03:08:10.320
Use it.
03:08:10.320 --> 03:08:12.320
To speed yourself up.
03:08:12.320 --> 03:08:14.320
And even improve on what you
03:08:14.320 --> 03:08:26.320
already do.
03:08:26.320 --> 03:08:28.320
Okay. He'll be.
03:08:28.320 --> 03:08:32.320
Coming online.
03:08:32.320 --> 03:08:34.320
Yeah.
03:08:34.320 --> 03:08:36.320
Thank you.
03:08:36.320 --> 03:08:38.320
Hi, Shilpi.
03:08:38.320 --> 03:08:40.320
Hello, sir.
03:08:40.320 --> 03:08:42.320
Hi.
03:08:42.320 --> 03:08:44.320
So actually I wanted to ask
03:08:44.320 --> 03:08:46.320
a very typical Indian question.
03:08:48.320 --> 03:08:50.320
It's a very typical
03:08:50.320 --> 03:08:52.320
Indian question as you know.
03:08:52.320 --> 03:08:54.320
I'm
03:08:54.320 --> 03:08:56.320
you know.
03:08:56.320 --> 03:08:58.320
And audio went bad.
03:08:58.320 --> 03:09:00.320
Audio went bad.
03:09:00.320 --> 03:09:02.320
Stand by. Come back. Come again.
03:09:02.320 --> 03:09:04.320
Audio is bad.
03:09:04.320 --> 03:09:06.320
Hello.
03:09:06.320 --> 03:09:08.320
Try it again.
03:09:10.320 --> 03:09:12.320
Yes, Shilpi. Please try again.
03:09:18.320 --> 03:09:20.320
No.
03:09:20.320 --> 03:09:22.320
Yes, go ahead.
03:09:22.320 --> 03:09:24.320
Ask again.
03:09:32.320 --> 03:09:34.320
She's silent.
03:09:34.320 --> 03:09:36.320
So
03:09:36.320 --> 03:09:38.320
I think she had bad connection.
03:09:38.320 --> 03:09:40.320
Shilpi, you can text me, DM me
03:09:40.320 --> 03:09:42.320
whatever you feel like. It's okay.
03:09:42.320 --> 03:09:44.320
DM is okay.
03:09:44.320 --> 03:09:46.320
Hi, Shilpi.
03:09:46.320 --> 03:09:48.320
Yes, I'm so sorry.
03:09:48.320 --> 03:09:50.320
I disconnected with him.
03:09:50.320 --> 03:09:52.320
No problem.
03:09:52.320 --> 03:09:54.320
Yes, I was saying
03:09:54.320 --> 03:09:56.320
that one of my cousins just
03:09:56.320 --> 03:09:58.320
got a job
03:09:58.320 --> 03:10:00.320
in the employment sector.
03:10:00.320 --> 03:10:02.320
And so now
03:10:02.320 --> 03:10:04.320
my family and other
03:10:04.320 --> 03:10:06.320
people, like most of the people
03:10:06.320 --> 03:10:08.320
are, you know, obviously it's a proud thing
03:10:08.320 --> 03:10:10.320
and it's a good thing that he got a job.
03:10:10.320 --> 03:10:12.320
Even I'm very happy for him.
03:10:12.320 --> 03:10:14.320
But now, you know, parents start
03:10:14.320 --> 03:10:16.320
comparing your growth with
03:10:16.320 --> 03:10:18.320
other people. Like, you know, that
03:10:18.320 --> 03:10:20.320
person did this. What are you doing?
03:10:20.320 --> 03:10:22.320
You're doing nothing or something like that.
03:10:22.320 --> 03:10:24.320
So what should
03:10:24.320 --> 03:10:26.320
we do in this situation? I'm in
03:10:26.320 --> 03:10:28.320
a very difficult position right now.
03:10:28.320 --> 03:10:30.320
At my house.
03:10:30.320 --> 03:10:32.320
I think that was the first thing I answered
03:10:32.320 --> 03:10:34.320
at the beginning of the discussion
03:10:34.320 --> 03:10:36.320
about two and a half hours ago.
03:10:36.320 --> 03:10:38.320
It's okay. It's okay. No worries.
03:10:38.320 --> 03:10:40.320
But I'll answer it again.
03:10:40.320 --> 03:10:42.320
So what you should chase.
03:10:42.320 --> 03:10:44.320
What is your goal?
03:10:44.320 --> 03:10:46.320
You should not compare
03:10:46.320 --> 03:10:48.320
yourself with anybody else.
03:10:48.320 --> 03:10:50.320
That's the first thing I want you to remember.
03:10:50.320 --> 03:10:52.320
Don't compare yourself with Amitabh Bachchan
03:10:52.320 --> 03:10:54.320
or Latta Mangeshkar.
03:10:54.320 --> 03:10:56.320
Don't do that. Don't compare
03:10:56.320 --> 03:10:58.320
yourself with somebody else.
03:10:58.320 --> 03:11:00.320
Because you are Shilpi.
03:11:00.320 --> 03:11:02.320
So what you should compare
03:11:02.320 --> 03:11:04.320
and try to become.
03:11:04.320 --> 03:11:06.320
You try to become the
03:11:06.320 --> 03:11:08.320
future Shilpi.
03:11:08.320 --> 03:11:10.320
The future Shilpi is like
03:11:10.320 --> 03:11:12.320
10 years older. So if you like 21 years
03:11:12.320 --> 03:11:14.320
old right now, you want to compare
03:11:14.320 --> 03:11:16.320
yourself with the 31 year old Shilpi.
03:11:18.320 --> 03:11:20.320
And let me tell you, you will
03:11:20.320 --> 03:11:22.320
never succeed in
03:11:22.320 --> 03:11:24.320
chasing and catching up.
03:11:24.320 --> 03:11:26.320
Never. Because by the time
03:11:26.320 --> 03:11:28.320
you are 31, that Shilpi
03:11:28.320 --> 03:11:30.320
plus 10 is 41.
03:11:32.320 --> 03:11:34.320
So she will keep ahead of you all the time.
03:11:34.320 --> 03:11:36.320
But that's what you are chasing.
03:11:36.320 --> 03:11:38.320
Not chasing Latta Mangeshkar.
03:11:38.320 --> 03:11:40.320
Not chasing Vikas
03:11:40.320 --> 03:11:42.320
or anybody else for that matter.
03:11:42.320 --> 03:11:44.320
Or your cousin.
03:11:44.320 --> 03:11:46.320
They are different people. You want to chase
03:11:46.320 --> 03:11:48.320
your future self.
03:11:50.320 --> 03:11:52.320
Bada ho ke kya banungi?
03:11:52.320 --> 03:11:54.320
That is the question.
03:11:54.320 --> 03:11:56.320
Even today I ask the same question
03:11:56.320 --> 03:11:58.320
ki mai bada ho ke kya banunga?
03:11:58.320 --> 03:12:00.320
Bhi to bada ho hi nahi hai.
03:12:00.320 --> 03:12:02.320
That is the question. Ki mai bada ho ke kya
03:12:02.320 --> 03:12:04.320
banunga is what I try to become.
03:12:06.320 --> 03:12:08.320
That's what you should chase.
03:12:08.320 --> 03:12:10.320
Your future Shilpi.
03:12:12.320 --> 03:12:14.320
The problem is like
03:12:14.320 --> 03:12:16.320
I understand that I have to chase
03:12:16.320 --> 03:12:18.320
future Shilpi. But the problem is
03:12:18.320 --> 03:12:20.320
what do I tell my parents?
03:12:20.320 --> 03:12:22.320
What do I do about their concern?
03:12:22.320 --> 03:12:24.320
Ignore them.
03:12:24.320 --> 03:12:26.320
I am sorry. But that's how it should be.
03:12:28.320 --> 03:12:30.320
Unko bata do ki
03:12:30.320 --> 03:12:32.320
Yes, you are my parents.
03:12:32.320 --> 03:12:34.320
I appreciate. I understand.
03:12:34.320 --> 03:12:36.320
But this is what I think is the right
03:12:36.320 --> 03:12:38.320
and that's what I will do.
03:12:38.320 --> 03:12:40.320
I will not listen to you
03:12:40.320 --> 03:12:42.320
and do that in a polite manner of course.
03:12:42.320 --> 03:12:44.320
But that's how you
03:12:44.320 --> 03:12:46.320
should basically tell them. Is you are
03:12:46.320 --> 03:12:48.320
going to be chasing your future self.
03:12:48.320 --> 03:12:50.320
They will understand.
03:12:50.320 --> 03:12:52.320
You have to make them understand.
03:12:54.320 --> 03:12:56.320
So making them understand is a difficult
03:12:56.320 --> 03:12:58.320
task actually.
03:12:58.320 --> 03:13:00.320
I know. I know it is difficult.
03:13:00.320 --> 03:13:02.320
They will start crushing you
03:13:02.320 --> 03:13:04.320
or they will start being
03:13:04.320 --> 03:13:06.320
desperate for ideas
03:13:06.320 --> 03:13:08.320
for themselves and for their kids
03:13:08.320 --> 03:13:10.320
as well. I know it very well.
03:13:10.320 --> 03:13:12.320
I am from India.
03:13:12.320 --> 03:13:14.320
I understand.
03:13:14.320 --> 03:13:16.320
I know it absolutely very well how things
03:13:16.320 --> 03:13:18.320
operate.
03:13:18.320 --> 03:13:20.320
Yes. But that's what you overcome.
03:13:20.320 --> 03:13:22.320
That's the first roadblock.
03:13:22.320 --> 03:13:24.320
First roadblock is your family.
03:13:28.320 --> 03:13:30.320
First roadblock is your family.
03:13:30.320 --> 03:13:32.320
They are not bad
03:13:32.320 --> 03:13:34.320
thinking. They are actually thinking good
03:13:34.320 --> 03:13:36.320
for you by the way. Just so you know they are thinking
03:13:36.320 --> 03:13:38.320
good things for you. Yes I know.
03:13:38.320 --> 03:13:40.320
That's what I said. I even
03:13:40.320 --> 03:13:42.320
understand what they are trying to say.
03:13:42.320 --> 03:13:44.320
But by saying all
03:13:44.320 --> 03:13:46.320
these things it won't help you.
03:13:46.320 --> 03:13:48.320
I know. So you should find a way
03:13:48.320 --> 03:13:50.320
to understand them.
03:13:54.320 --> 03:13:56.320
And also
03:13:56.320 --> 03:13:58.320
people treat government job as
03:13:58.320 --> 03:14:00.320
awards.
03:14:00.320 --> 03:14:02.320
It is also frustrating.
03:14:02.320 --> 03:14:04.320
It's like you want something
03:14:04.320 --> 03:14:06.320
here you go.
03:14:06.320 --> 03:14:08.320
Give me a second. I am getting a phone call. So I need to
03:14:08.320 --> 03:14:10.320
just message them. Hold on. Please stand by.
03:14:24.320 --> 03:14:26.320
I am back.
03:14:26.320 --> 03:14:28.320
So basically it is lunchtime
03:14:28.320 --> 03:14:30.320
and my wife is calling me to come down
03:14:30.320 --> 03:14:32.320
and get lunch. So that's
03:14:32.320 --> 03:14:34.320
what I will be doing. But I'll let
03:14:34.320 --> 03:14:36.320
these hands that are seeing. I'll
03:14:36.320 --> 03:14:38.320
answer them first.
03:14:38.320 --> 03:14:40.320
So go ahead.
03:14:40.320 --> 03:14:42.320
Himanshu
03:14:42.320 --> 03:14:44.320
Is that Himanshu as well?
03:14:44.320 --> 03:14:46.320
And because there are
03:14:46.320 --> 03:14:48.320
two hands I see.
03:14:54.320 --> 03:14:56.320
My question was
03:14:56.320 --> 03:14:58.320
that only means that parents
03:14:58.320 --> 03:15:00.320
so means my parents are also
03:15:00.320 --> 03:15:02.320
forcing me to do this government
03:15:02.320 --> 03:15:04.320
jobs thing. But I explained them that
03:15:04.320 --> 03:15:06.320
you can see his example
03:15:06.320 --> 03:15:08.320
of who has
03:15:08.320 --> 03:15:10.320
already done so much things. And
03:15:10.320 --> 03:15:12.320
he is also thinking about progressing
03:15:12.320 --> 03:15:14.320
in the future. Means he is
03:15:14.320 --> 03:15:16.320
studying the technology of the future.
03:15:16.320 --> 03:15:18.320
I also don't want to get stuck in this.
03:15:18.320 --> 03:15:20.320
I explained them for half an hour
03:15:20.320 --> 03:15:22.320
and then they said
03:15:22.320 --> 03:15:24.320
okay we will not force you.
03:15:24.320 --> 03:15:26.320
You do this development, this technology
03:15:26.320 --> 03:15:28.320
whatever you want to do.
03:15:28.320 --> 03:15:30.320
And secondly
03:15:30.320 --> 03:15:32.320
it takes time for everybody to understand each other.
03:15:32.320 --> 03:15:34.320
It's not like a 30 minute thing.
03:15:34.320 --> 03:15:36.320
It takes a lot of time.
03:15:40.320 --> 03:15:42.320
Thank you sir.
03:15:42.320 --> 03:15:44.320
Was it Himanshu speaking or because?
03:15:44.320 --> 03:15:46.320
Who was the person who spoke? I think
03:15:46.320 --> 03:15:48.320
it was because. So go ahead Himanshu.
03:15:48.320 --> 03:15:50.320
Hello.
03:15:50.320 --> 03:15:52.320
Yes. Go ahead Himanshu.
03:15:52.320 --> 03:15:54.320
Last question.
03:15:54.320 --> 03:15:56.320
Yes.
03:15:56.320 --> 03:15:58.320
Okay. Good evening sir.
03:15:58.320 --> 03:16:00.320
Sir my question is after working
03:16:00.320 --> 03:16:02.320
so many leadership positions for many years
03:16:02.320 --> 03:16:04.320
in different fields, how do you identify your
03:16:04.320 --> 03:16:06.320
mediocre talent? So right now I am the janitor.
03:16:06.320 --> 03:16:08.320
Jhadu Karmachari.
03:16:08.320 --> 03:16:10.320
So
03:16:10.320 --> 03:16:12.320
that's the reality.
03:16:12.320 --> 03:16:14.320
So it's not leadership.
03:16:14.320 --> 03:16:16.320
Basically
03:16:16.320 --> 03:16:18.320
titles are bullshit.
03:16:18.320 --> 03:16:20.320
What I am telling you is titles
03:16:20.320 --> 03:16:22.320
are bullshit.
03:16:22.320 --> 03:16:24.320
Is what you do is what matters.
03:16:24.320 --> 03:16:26.320
So see if you remember
03:16:26.320 --> 03:16:28.320
and read my profile, I don't have a title there.
03:16:28.320 --> 03:16:30.320
It says
03:16:30.320 --> 03:16:32.320
founder. Founder is an action
03:16:32.320 --> 03:16:34.320
of doing things.
03:16:34.320 --> 03:16:36.320
It's not a title. CEO is a
03:16:36.320 --> 03:16:38.320
title. Or some other
03:16:38.320 --> 03:16:40.320
nonsense is a title.
03:16:40.320 --> 03:16:42.320
But what you do is the action.
03:16:42.320 --> 03:16:44.320
So investor
03:16:44.320 --> 03:16:46.320
is a title. No it is not.
03:16:46.320 --> 03:16:48.320
It is the action of investing.
03:16:48.320 --> 03:16:50.320
Owner is a
03:16:50.320 --> 03:16:52.320
title. No it is not. It is the action
03:16:52.320 --> 03:16:54.320
of owning something.
03:16:54.320 --> 03:16:56.320
Founder is the action of founding
03:16:56.320 --> 03:16:58.320
something, building something, doing
03:16:58.320 --> 03:17:00.320
something.
03:17:00.320 --> 03:17:02.320
CEO is a bullshit title.
03:17:04.320 --> 03:17:06.320
Yes sir.
03:17:06.320 --> 03:17:08.320
Sir but how you
03:17:08.320 --> 03:17:10.320
identify your mediocre talent?
03:17:10.320 --> 03:17:12.320
There is no such thing. This person is not suitable.
03:17:12.320 --> 03:17:14.320
There is no such thing. No one is
03:17:14.320 --> 03:17:16.320
mediocre. There is no such thing.
03:17:16.320 --> 03:17:18.320
There is no one is a mediocre thing.
03:17:18.320 --> 03:17:20.320
There is no person who is mediocre.
03:17:20.320 --> 03:17:22.320
You cannot define a person like that.
03:17:22.320 --> 03:17:24.320
Because even I am an idiot
03:17:24.320 --> 03:17:26.320
at some time. Total
03:17:26.320 --> 03:17:28.320
idiot.
03:17:28.320 --> 03:17:30.320
So this good and bad
03:17:30.320 --> 03:17:32.320
fluctuates.
03:17:32.320 --> 03:17:34.320
A person who is good becomes bad
03:17:34.320 --> 03:17:36.320
and becomes good again and becomes
03:17:36.320 --> 03:17:38.320
mediocre. One person
03:17:38.320 --> 03:17:40.320
cannot be mediocre all the time.
03:17:40.320 --> 03:17:42.320
There is no such thing.
03:17:42.320 --> 03:17:44.320
So how do we
03:17:44.320 --> 03:17:46.320
identify that we are suitable
03:17:46.320 --> 03:17:48.320
for this job or not? By doing it.
03:17:50.320 --> 03:17:52.320
But
03:17:52.320 --> 03:17:54.320
at what parameter we can define
03:17:54.320 --> 03:17:56.320
that we are doing good?
03:17:56.320 --> 03:17:58.320
So the reference parameter to measure
03:17:58.320 --> 03:18:00.320
is how happy and successful
03:18:00.320 --> 03:18:02.320
the audience, the user, the customer
03:18:02.320 --> 03:18:04.320
is.
03:18:08.320 --> 03:18:10.320
Shema.
03:18:10.320 --> 03:18:12.320
Hi.
03:18:12.320 --> 03:18:14.320
Yes, Nilesh.
03:18:14.320 --> 03:18:16.320
Thank you.
03:18:16.320 --> 03:18:18.320
So yes, what I wanted to say to
03:18:18.320 --> 03:18:20.320
Himanshu. We were all
03:18:20.320 --> 03:18:22.320
at some point mediocre.
03:18:22.320 --> 03:18:24.320
Believe me. And the mistake
03:18:24.320 --> 03:18:26.320
of people is that they say, yes
03:18:26.320 --> 03:18:28.320
maybe Nilesh could do this
03:18:28.320 --> 03:18:30.320
because he has experience or he
03:18:30.320 --> 03:18:32.320
is so odd or whatever. No, no, no.
03:18:32.320 --> 03:18:34.320
Like also Nilesh and everyone
03:18:34.320 --> 03:18:36.320
here at some point
03:18:36.320 --> 03:18:38.320
struggled to do something. So you
03:18:38.320 --> 03:18:40.320
first need to believe in yourself.
03:18:40.320 --> 03:18:42.320
This is the start point, right?
03:18:42.320 --> 03:18:44.320
And basically why I wanted to
03:18:44.320 --> 03:18:46.320
talk, it's for Shilpi and
03:18:46.320 --> 03:18:48.320
Vikas. When they said
03:18:48.320 --> 03:18:50.320
OK, parents, etc.
03:18:50.320 --> 03:18:52.320
I also had some situation where
03:18:52.320 --> 03:18:54.320
my cousins or my friends
03:18:54.320 --> 03:18:56.320
saying to me, Shema, my family is
03:18:56.320 --> 03:18:58.320
not supporting me or does not believe
03:18:58.320 --> 03:19:00.320
in me. What should I do? And the
03:19:00.320 --> 03:19:02.320
answer is like Nilesh exactly
03:19:02.320 --> 03:19:04.320
precise. Unfortunately
03:19:04.320 --> 03:19:06.320
you need to ignore. But
03:19:06.320 --> 03:19:08.320
with all the respect, you
03:19:08.320 --> 03:19:10.320
will say to me, what are concrete
03:19:10.320 --> 03:19:12.320
steps that I need to do to succeed?
03:19:12.320 --> 03:19:14.320
If my family is not
03:19:14.320 --> 03:19:16.320
encouraging me or motivating
03:19:16.320 --> 03:19:18.320
me. First, you
03:19:18.320 --> 03:19:20.320
need to ignore. Keep your
03:19:20.320 --> 03:19:22.320
eyes, ears, everything closed.
03:19:22.320 --> 03:19:24.320
Second,
03:19:24.320 --> 03:19:26.320
figure out what you want.
03:19:26.320 --> 03:19:28.320
What is your goal? What you want
03:19:28.320 --> 03:19:30.320
as Shilpi or what you want
03:19:30.320 --> 03:19:32.320
as Vikas? What you want exactly
03:19:32.320 --> 03:19:34.320
to have? This is
03:19:34.320 --> 03:19:36.320
your goal. This is not our goal.
03:19:36.320 --> 03:19:38.320
And third thing,
03:19:38.320 --> 03:19:40.320
make a plan. Because the difference
03:19:40.320 --> 03:19:42.320
between a dream and a goal is
03:19:42.320 --> 03:19:44.320
the plan. How can I reach
03:19:44.320 --> 03:19:46.320
this goal? Like if I want to take
03:19:46.320 --> 03:19:48.320
a job or whatever, I want to make my
03:19:48.320 --> 03:19:50.320
own company. What are the steps
03:19:50.320 --> 03:19:52.320
that I need to do in
03:19:52.320 --> 03:19:54.320
order to achieve this goal?
03:19:54.320 --> 03:19:56.320
And once you have this
03:19:56.320 --> 03:19:58.320
Shilpi, you said this is quite frustrating,
03:19:58.320 --> 03:20:00.320
etc. Once you reached
03:20:00.320 --> 03:20:02.320
your goal and you succeeded
03:20:02.320 --> 03:20:04.320
with no one help, then you can
03:20:04.320 --> 03:20:06.320
prove to everyone else
03:20:06.320 --> 03:20:08.320
that you succeeded. And at this point,
03:20:08.320 --> 03:20:10.320
also your parents and everyone
03:20:10.320 --> 03:20:12.320
around you will believe in you.
03:20:12.320 --> 03:20:14.320
And this will no longer be
03:20:14.320 --> 03:20:16.320
discussed because you proved by
03:20:16.320 --> 03:20:18.320
action and not by words.
03:20:18.320 --> 03:20:20.320
That's it.
03:20:20.320 --> 03:20:22.320
Thank you, Shema.
03:20:22.320 --> 03:20:24.320
Shema is, by the way, awesome.
03:20:24.320 --> 03:20:26.320
I heard her
03:20:26.320 --> 03:20:28.320
one time speak three
03:20:28.320 --> 03:20:30.320
sentences and I immediately
03:20:30.320 --> 03:20:32.320
liked her. She's beautiful.
03:20:32.320 --> 03:20:34.320
I mean, not just the looks.
03:20:34.320 --> 03:20:36.320
Thanks.
03:20:42.320 --> 03:20:44.320
So, yes, I hope that this
03:20:44.320 --> 03:20:46.320
at least answer or
03:20:46.320 --> 03:20:48.320
help to get people
03:20:48.320 --> 03:20:50.320
do something and to
03:20:50.320 --> 03:20:52.320
act about their situation,
03:20:52.320 --> 03:20:54.320
whatever it is.
03:20:54.320 --> 03:20:56.320
I think, I
03:20:56.320 --> 03:20:58.320
hope this was useful.
03:20:58.320 --> 03:21:00.320
I don't see any more questions
03:21:00.320 --> 03:21:02.320
and no more raised hands.
03:21:02.320 --> 03:21:04.320
There is a raised hand,
03:21:04.320 --> 03:21:06.320
Vikas. Hi. Go ahead.
03:21:06.320 --> 03:21:08.320
I just wanted
03:21:08.320 --> 03:21:10.320
to say have a nice dinner.
03:21:10.320 --> 03:21:12.320
It's lunch.
03:21:12.320 --> 03:21:14.320
Yes, but yes, I understand.
03:21:14.320 --> 03:21:16.320
Thank you.
03:21:16.320 --> 03:21:18.320
Thank you. So I
03:21:18.320 --> 03:21:20.320
think we should disconnect this then.
03:21:20.320 --> 03:21:22.320
And I will catch you guys on the Twitter tweets
03:21:22.320 --> 03:21:24.320
and maybe organize another
03:21:24.320 --> 03:21:26.320
session at some point. I don't know when.
03:21:26.320 --> 03:21:28.320
Thank you. There's a question by
03:21:28.320 --> 03:21:30.320
Deepbiyansh. Hi. Go ahead.
03:21:32.320 --> 03:21:34.320
No, sir. There is no question. Thank you for
03:21:34.320 --> 03:21:36.320
your session and you motivate
03:21:36.320 --> 03:21:38.320
us a lot. That's it.
03:21:38.320 --> 03:21:40.320
We will not delay your lunch.
03:21:40.320 --> 03:21:42.320
You can eat.
03:21:42.320 --> 03:21:44.320
I will ask questions in the next session.
03:21:44.320 --> 03:21:46.320
Thank you. Thank you very much. Thank you, everybody,
03:21:46.320 --> 03:21:48.320
for joining. It was awesome.
03:21:48.320 --> 03:21:50.320
I appreciate you and your time.
03:21:50.320 --> 03:21:52.320
I'll catch you later. I'm disconnecting
03:21:52.320 --> 03:21:54.320
this now. Thank you and bye bye, Akshay
03:21:54.320 --> 03:21:56.320
for co-hosting.
03:21:56.320 --> 03:22:24.320
Thank you, Bhavuk. Thanks. Bye bye.
