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nick18_in February 9th, 2006 08:49 PM

Entrepreneurial Speech by Mr. Narayan Murthy
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Hi All,

An excellent speech of Mr. Narayan Murthy, Chief Mentor of Infosys, on Reflection of an Entrepreneur to the Wharton graduating MBA class of 2001.

It reminds us What is an Entrepreneurship in today’s scenario?, that is also in such a time where we all are hearing about Scams and lack of Corporate Governance and all unethical business practices.

I am strongly recommending you to read his speech. A class of its own.

kartik February 9th, 2006 08:53 PM

Re: Entrepreneurial Speech by Mr. Narayan Murthy
Wonderful speech Nick ... Ethics and entreprenuership.. Truly a class apart

ratnesh45 April 2nd, 2006 09:02 PM

Re: Entrepreneurial Speech by Mr. Narayan Murthy
coooooooooooool stuff

successful_cfo April 2nd, 2006 10:57 PM

Re: Entrepreneurial Speech by Mr. Narayan Murthy
Truly Gr8888888888

nick18_in April 3rd, 2006 08:50 PM

Unconditional love
Dear Friends,

When you were 1 year old, she fed you and bathed you.
You thanked her by crying all night long.

When you were 2 years old, she taught you to walk.
You thanked her by running away when she called.

When you were 3, she made all your meals with love.
You thanked her by tossing your plate on the floor.

When you were 4, she gave you some crayons
You thanked her by colouring the dining room table

When you were 5, she dressed you for the holidays.
You thanked her by plopping into the nearest.

When you were 6, she walked you to school.
You thanked her by screaming, "I’M NOT GOING!"

When you were 7, she bought you a baseball.
You thanked her by throwing it through the
next-door-neighbour’s window

When you were 8, she handed you an ice cream.
You thanked her by dripping it all over your lap.

When you were 9, she paid for piano lessons.
You thanked her by never even bothering to practice.

When you were 10, she drove you all day, from soccer
to gymnastic to one birthday party after another.
You thanked her by jumping out of the car and never
looking back.

When you were 11, she took you and your friends to the
You thanked her by asking to sit in a different row.

When you were 12, she warned you not to watch certain
TV shows.
You thanked her by waiting until she left the house.

When you were 13, she suggested a haircut.
You thanked by telling her she had no taste.

When you were 14, she paid for a month away at summer
You thanked her by forgetting to write a single

When you were 15, she came home from work, looking for
a hug.
You thanked her by having your bedroom door locked.

When you were 16, she taught you how to drive her car.

You thanked her by taking it every chance you could.

When you were 17, she was expecting an important call.

You thanked her by being on the phone all night.

When you were 18, she cried at your school graduation.

You thanked her by staying out partying until dawn.

When you were 19, she paid for your college tuition,
drove you to campus, carried your bags.
You thanked by saying good-bye outside the dorm so you
wouldn’t be embarrassed in front of your friends.

When you were 20, she asked whether you were seeing
any one.
You thanked by saying "It’s none of your business".

When you were 21, she suggested certain careers for
your future.
You thanked her by saying "I don’t want to be like

When you were 22, she hugged at your college
You thanked her by asking whether she could for a trip
to Europe.

When you were 23, she gave you furniture for your
first apartment.
You thanked her by telling your friends it was ugly.

When you were 24, she met your fiance and asked your
plans for the future.
You thanked by glaring and growling, "Muuhh-ther,

When you were 25, she helped to pay for your wedding,
and she cried and told you how deeply she loved you.
You thanked her by moving halfway across the country.

When you were 30, she called with some advice on the
You thanked her by teller her, "Things are different

When you were 40, she called you to remind you of a
relative’s birthday.
You thanked her by saying that you were "really busy
right now."

When you were 50, she fell ill and needed you to take
care of her.
You thanked her by reading about the burden parents
become to their children.

And then, one day, she quietly died. And everything
you never did came crashing down like thunder on YOUR

nick18_in April 3rd, 2006 09:02 PM

Transform Your Mind to Be Content and Happy
It is precisely the pursuit of happiness which prevents happiness from happening and, until this realisation happens, the pursuit must go on.

What is seeking happiness is Consciousness. Impersonal consciousness had identified itself with a particular body-minded organism (form) and a name as a separate entity; and it is this trapped, unidentified consciousness which is seeking its personality.

When the ego, the practical seeker of everything in life, takes over the search for happiness, pleasure is mistaken for happiness in the flow of life... The few egos that focus on real happiness become spiritual seekers, for they realise that what they are seeking is not to be found in the flow of life, but in their attitude.

The Greek word metanoesis implies changing the mind, but means transformation of mind. The Sanskrit word for it is paravritt, meaning turning around at the deepest level of the heart-mind.

Paravritti tells the seeker-ego that happiness is one's natural state, hidden by hatred born of our perception of the 'other' as a source of potential rivalry and enmity.

We're instructed from childhood that life means competition with the other, and happiness means success over the other, in the classroom as well as playing fields. The other is seen as a potential enemy.

Whether or not we achieve happiness is based on our sense of personal doership. Buddha said: Events happen, deeds get done, consequences happen, but there is no individual doer of any deed. Everything in life is happening according to Cosmic Law.

What the sense of personal doership has done is that the human being, at any moment, is burdened with an enormous load of hatred for oneself for harming others, willingly or otherwise, and also for the others who hurt us.

The total acceptance of personal non-doership means the immediate removal of this load of hatred, and the absence of hatred automatically means the pre-sence of our natural state: happiness, consisting of total peace and harmony.

The Sanskrit term Sat-Chit-Ananda means Existence-Con-sciousness-Ananda. Ananda is shanti or peace, not joy or ecstasy. The Buddha said that enlightenment means the end of suffering.

It is interesting that the Buddha has used the negative perspective — end of suffering — rather than the positive one of joy or ecstasy.

It is the experience of all of us, sometime or the other, that the sudden end of an intense pain has brought about an intensity of relief that was much more acceptable than any positive pleasure or joy.

Pursuit of happiness is the very essence of living for all creatures on earth, beginning with the infant seeking its mother's breast.

For the poor, happiness can only mean sufficient money to provide the minimum of food, clothing and shelter.

But for those who are reasonably comfortable in life, it is the destiny of a few to look for their happiness beyond what the flow of life could bring.

In the case of the unselfish and generous, being generous gives them the happiness they seek, and not being generous would make them unhappy.

Ultimately, happiness means not something in the flow of life, it is the attitude to life. And the most important point about it is that there is no "doing" in it. It is a pure happening.,curpg-2.cms

nick18_in April 3rd, 2006 09:05 PM

NiCk Da Posts..!!
Take Hold Of Every Moment
Author Unknown
A friend of mine opened his wife's underwear drawer and picked up a silk paper wrapped package.
"This," he said, "isn't any ordinary package."
He unwrapped the box and stared at both the silk paper and the box.
"She got this the first time we went to New York, 8 or 9 years ago. She has never put it on. Was saving it for a special occasion."
"Well, I guess this is it." He got near the bed and placed the gift box next to the other clothing he was taking to the funeral house. His wife had just died.
He turned to me and said: "Never save something for a special occasion. Every day in your life is a special occasion."
I still think those words changed my life.
  • Now I read more and clean less.
  • I sit on the porch without worrying about anything.
  • I spend more time with my family, and less at work.
  • I understood that life should be a source of experience to be lived up to, not survived through.
  • I no longer keep anything. I use crystal glasses every day. I'll wear new clothes to go to the supermarket, if I feel like it. I don't save my special perfume for special occasions; I use it whenever I want to.
The words "Someday..." and "One Day..." are fading away from my dictionary. If it's worth seeing, listening or doing, I want to see, listen or do it now.
I don't know what my friend's wife would have done if she knew she wouldn't be there the next morning, this nobody can tell. I think she might have called her relatives and closest friends. She might call old friends to make peace over past quarrels. I'd like to think she would go out for Chinese, her favorite food. It's these small things that I would regret not doing, if I knew my time had come.
I would regret it, because I would no longer see the friends I would meet, letters... letters that I wanted to write "One of these days".
I would regret and feel sad, because I didn't say to my brothers and sons, not times enough at least, how much I love them.
Now, I try not to delay, postpone or keep anything that could bring laughter and joy into our lives.
And, on each morning, I say to myself that this could be a special day. Each day, each hour, each minute, is special.

nick18_in April 3rd, 2006 09:09 PM

You are special - Don't ever forget it
A well-known speaker started off his seminar by holding up a $ 500/-note.

In the room of 200, he asked, "Who would like this 500 note?".
Hands started going up. He said, "I am going to give this note to one of you but first let me do this.

" He proceeded to crumple the note up.
He then asked "Who still wants it?". Still the hands were up in the air.
"Well," he replied,

"What if I do this?". And he dropped it on the ground and started to grind it into the floor with his shoe. He picked it up, now all crumpled and dirty.
"Now who still wants it?" Still the hands went into the air.

"My friends, you have all learned a very valuable lesson. No matter what I did to the money, you still wanted it because it did not
decrease in value. It was still worth $ 500/-.

Many times in our lives, we are dropped, crumpled, and ground into the dirt by the decisions we make and the circumstances that can come our way. We feel as though we are worthless.

But no matter what has happened or what will happen, you will never lose your value.You are special - Don't ever forget it!"

MORAL of the Story :

"Never let yesterday's disappointments overshadow tomorrow's dreams"
"We are what we believe we are."

nick18_in April 3rd, 2006 09:11 PM

What may appear correct at first sight might be wrong
Four friends once started dealing in cotton.

They had a godown for the storage of the bales.

Finding that the cottonseeds attracted rats to the godown, a cat was introduced by them to scare the rodents.

They tied jingles to her feet and since they loved it much, the jingles were made of gold!

Once, when the cat jumped from the top of the bales, it started limping on one foot.

So, they applied some balm and tied a long strip of bandage round the injured foot.

The bandage got loose. And the cat, unaware of the long narrow cloth that was trailing behind her, sat near the fireplace, and when the cloth began to burn, she ran helter-skelter and fled into the godown itself, where the entire stock of cotton was reduced to ashes in a trice.

The four friends had assigned to themselves each of the feet of "joint cat" and the injured foot belonged to one of them.

So the other three charged him with the damages, which they claimed from him.

The matter went to the Court and after hearing arguments on both sides, the judge said, “The injured leg has no responsibility, for it was taken into the godown with the trail of fire by the three healthy feet, So, damages have to be paid by the owners of the healthy feet to the owner of the limping foot”.

What may thus appear correct at first sight might prove wrong on second thoughts.

nick18_in April 3rd, 2006 09:17 PM

How good are MBAs?
Questioning MBA Efficacy

Management is powerful stuff and without it, as Peter Drucker is
quoted as saying, the twentieth century would not have been as it
was. But how effective is the management education from the Business
Schools? A report about how a recent article has fuelled this

Invented in America in 1908, the business of providing MBA course
has been a success story, say analysts citing that demand for this
product has soared not only in USA but throughout the world.
According to a survey by the Institute for International Education,
14.4% of MBA students studying in America in autumn 2000 were from
abroad. Each year about 100,000 students enroll into US universities
for MBA course. In 1956, only 3,200 MBAs were awarded; today that
number has grown about 35 fold.

But an article by Jeffrey Pfeffer, a professor at Stanford's
business school and his colleague, Christina Fong, published in the
first issue of a new journal, Academy of Management Learning and
Education, has put the institutes running MBA programmes at unease
by questioning the value of an MBA degree. They have argued, there
is little evidence that getting an MBA has much effect on a
graduate's salary or career.

Surveying decades of research, Pfeffer and Fong have argued that
barring a few exceptionally elite programmes, MBA courses teach
little of real use in the business world. The degree has little
effect on the salaries of the individual in the long run. This has
provoked counter-attack from some quarters in what is called as the
multi-billion dollars MBA industry.

In average every MBA graduate spends as much as $100,000 to get the
degree if they have done a full-time two-year course at one of the
top schools in USA. They may end up in illustrious careers: even
President George Bush is a Harvard MBA. But that is not thanks to
the course they had undergone, according to the Pfeffer thesis.

Pfeffer cites internal studies by consulting firms and investment
banks - two prime employers of MBAs - that suggest that non-MBAs do
not do worse than what MBAs do. "Usually it just makes you a couple
of years older than non-MBA peers", the author of one such study
analysed by Pfeffer is reported as saying. The Graduate Management
Admission Council is quoted as reporting that the MBA graduates were
earning an average starting salary of US $ 77,000, up from an
average of $ 50,000 that they were earning before they pursued the
degree. Though the course thus helps the graduates to improve their
starting salary, Pfeffer has questioned the efficacy of the course
in the business efficiency. He has noted in his article that 40% of
US chief executives mentioned in a Fortune magazine's article
called "Why CEOs Fail" had MBAs.

Of course the course content may not be the only reason for getting
an MBA, Pfeffer admits however. A top business school plugs students
into an invaluable network of contacts. It also screens them.
Charles O'Reilly, one of Pfeffer's colleagues at Stanford, is quoted
as saying that MBA students at a top school are "smart, ambitious,
willing to make sacrifices and keen to play the corporate game".
That makes it a good place for firms to recruit.

Earlier this year when the Aspen Institute published the results of
a survey of 2,000 MBA students, it reported that the students'
values changed during the course: by the end, they rated customer
needs and product quality lower and shareholder value higher.
Another recent study by the AACSB, which accredits American MBA
course, found that MBA graduates thought that the ability to
communicate effectively with others was the single most useful skill
in their career – but that only 6% of business schools were
even "moderately effective" in teaching that.

How to rectify these shortcomings? In another article in the new
journal, Henry Mintzberg, a professor at McGill University in Quebec
and longtime critic of MBAs, argues that management should be taught
only to people who already have management experience; and that it
must offer an opportunity for reflection as well as learning.

(Compiled by NBA Desk)

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