Dont let the emotions do the thinking

This is my reaction on reading a part of Rich dad and poor dad on emotions.

Dont let emotions do your thinking.
Usually people are thinking based on two emotions fear and desire.
People work hard because they are afraid that they have to pay the bills. They are afraid that they will lose what ever they have. They think under the umbrella of fear. When they get what they have they develop desire to want more. This is a vicious cycle. People have to let loose of their emotions of fear and desire then only they can be a free thinkers... As we can see from the history that only the free thinker make it big.
My dad often said that Only the person who is not scared to go back to the rags can make it big. Only that person can think freely. Don't be afraid my friend. My dad also says want more and more and also be detached to what you have. If you never want more you will never get it. But do not make the want take over you. you should control what you want.
In a video called the power. I have seen that they tell if you want some thing to happen desire it deeply and your actions will lead to it. If you want some thing desire it very deeply.
but be detached to the desire. I you don't achieve it just smile at it but dont kill your self about that.
I myself have not achieved that state yet. I am still trying.

Article notes on Reinventing Your Business Model

I read an interesting article about reinventing your business model on Harvard Business review. I decided that from now on I am going to use this blog to write about anything and everything that I felt was intellectually important.

Well now I am reading this article on Reinventing Your Business Model on Harvard business review. The following writing is not my own material its just my notes and personal understanding of the material. I hope by writing continuously quality of my writing will improve as well as my speed of writing. The reason why I started reading the business articles is to understand the terms better when I go into the business world and to acquire more knowledge outside the scope of my field.

Here is the link to the article click here.

Well in the article the author said that how to write a good business model.

Four important aspects:

1. Customer Value proposition:

Who is the customer.

What is the job exactly needed to be done for the customer. describe it very precisely.

How are you designing and offering that will meet the customer's needs.

2. Profit formula:

how much money can be made.

what are the margins

what are the costs.

resource velocity: how quickly resource needs to be allocated and reused to generate margins

3. Identify Key resources:

4. Identify key processes:

While crating a value proposition for the customer keep in mind that he has 4 constraints:

1. time

2. access

3. money

4. skill

Well to cut the crap the bottom line is you have to really should pin point the need of the customers and think with out the influence of the previous service you provided.
Like take the example of Hilti. Hilti used to sell tools to the customers but it realized that it customer does not make money by owning the tools they actually make money by using them. So they changed their BM to rent out the tools to people instead of selling it to them.

What do I do

I am a student in Stony Brook University, a Computer science and Applied Mathematics major. I was a Pre-med and a Computer Science major but I am no more Pre-med. this class Bio203 which I took was realisation about how my life would be for next 12 years. I cannot do that Study all the time. I like to Think, Solve and Practice. I feel being a doctor is not everything in medicine. Now I am thinking I should like to look into more interdisciplianry feilds like BioInformatics and Computational Biology. Something in Computers, Medicine and Bussiness. I want to find some company which can provide me an internship like that. So guys if you have anything in mind. Let me know.

Great Idea to have Blog

why did it not strike to me to have a blog all this while.
Ita really good idea. I can post some things weekly or may be daily.
Putting your useful thoughts on a blog is a great way to share