Few Pointers to lead peaceful life:

• Don’t have to ask clarifications for everything nor have to give clarifications.
• Don’t have to test or judge every person you meet.
• Don’t have to scrutinize and go into micro details of everything.
• Don’t have to respond to every sarcastic remarks – listen, smile, forget and be silent.
• Don’t take everything said by someone about you or happened to you so seriously.
• Try to forgive, and forget.

Dealing with Business Engagements involved with 1 or more people:

In dealing with business interactions it is extremely essential to have in writing clearly points of engagement and expectations. Moreover, to avoid any misinterpretations to go over each point carefully and discuss to avoid heartaches at later stage of the business cycle.Equally important is to better understand the personality and characteristics of individuals involved. People come in different backgrounds, cultures, values and disciplines. If their core personality clashes with yours, you are there for a rough ride.

In partnerships and alliances, it is best to understand each partner’s expectations and deliverables and time frame. It Is best to clearly state the exit – if things don’t work out, who gets what in terms of shares or rights to buy the shares of the exit party.

Below is one example of recent MoU I drafted:

MoU  between XXXXX and XXXXXX in formulating XXXXXXXXXXX.

• XX and XX along with 2 equal partners are forming XXXXXXX with an objective of establishing a XXXXXXXXXXX
• Once the company is formed and funds are available, formal Memorandum of Understanding would be formulated by reputed firm.
• XX and XX is forming this company with full transparency and in full confidence and motivation to make this a very successful venture.
• XX and XX both knows the strengths and weaknesses of each other, and forming the company knowingly and willingly and would not dwell on those weaknesses of each other at any times.
• Neither XX nor XX are forming this company as a favor to each other – it is purely with the intention of business interests.
• We both are two independent people and partners – not an employee of each other.
• We would respect each other’s private life, family and professional time without any interference.
• We should trust and respect each other professionally at all times and not be personal.
• We should meet/conference call every Week (initially twice) to discuss the plan of the week and agree on steps moving forward . We should minute those meetings.
• The above meetings should be concise to the points, not exceeding more than 1 hour (unless required in certain cases), and agree on deliverables with time lines, etc.
• To make our meetings productive we should focus on the creativity, thinking-out-of-the-box, and ideas to grow business, and avoid negative arguments, remarks and comments.
• For XXXXX, we would consult and agree on things mutually. However, as the CEO of XXXXX    XX would make the executive call when required.
• To avoid any misunderstandings, and conflict of interests, XXXXXX mandate is to maximize the profitability and to protect its share-holder’s value.
• XX and XX in every communications should bear in mind the old relationship, brotherhood and respect should not be compromised.
• In the event we need to dissolve this relationship or/and the company, for any reasons, we would keep in mind, maintaining good relationship. We or any member of our family would not take each other to legal courts and drag each other’s name and reputation.
• In the event of dissolving this partnership , we should involve all the partners and appoint an independent and trust worthy individual whom all the partners trust to be the mediator to come out with a win-win resolution. His/Her recommendations would be taken as the final resolution.
• In the event of resolving conflicts, doubts, misunderstandings, we should initially try our best to resolve within ourselves in not more than 2 days in discussing it on our weekly meetings. However, if we are not able to resolve within ourselves, then we should have an independent and unbiased mediator. His recommendations would be taken as the final resolution.
• The core responsibility of commercials dealings would be with XX and core responsibility of technical would be with XX.

Email sent to my Children:

1. Do not bear grudge towards those who are not good to you. No one has the responsibility of treating you well, except your mother and I. To those who are good to you, you have to treasure it and be thankful, and ALSO you have to be cautious, because, everyone has a motive for every move. When a person is good to you, it does not mean he really likes you. You have to be careful, don’t hastily regard him as a real friend.

2. No one is indispensable, nothing in the world that you must possess. Once you understand this idea, it would be easier for you to go through life when people around you don’t want you anymore, or when you lose what/who you love most.

3. Life is short. When you waste your life today, tomorrow you would find that life is leaving you. The earlier you treasure your life, the better you enjoy life.

4. Love is but a transient feeling, and this feeling would fade with time and with one’s mood. If your so called loved one leaves you, be patient, time will wash away your aches and sadness. Don’t over exaggerate the beauty and sweetness of love, and don’t over exaggerate the sadness of falling out of love.

5. A lot of successful people did not receive a good education, that does not mean that you can be successful by not studying hard! Whatever knowledge you gain is your weapon in life. One can go from rags to riches, but one has to start from some rags!

6. I do not expect you to financially support me when I am old, either would I may not be able to financially support your whole life. My responsibility as a supporter ends when you are grown up. After that, you decide whether you want to travel in a public transport or in your limousine, whether rich or poor.

7. You honour your words, but don’t expect others to be so. You can be good to people, but don’t expect people to be good to you. If you don’t understand this, you would end up with unnecessary troubles.

8. I participated in raffles draws, but I never strike any prize. That shows if you want to be rich, you have to work hard! There is no free lunch!

9. Control your anger and never make decisions when you are angry – wait for at least 24 hours before you act after any emotional encounter.

10. Always give priorities to your family – they are your assets – invest time with them and cherish them.

11. Learn to balance your life – don’t drift towards only one thing in life – be it your work, or your family life, or any hobby.  Strategic Time management is key to your success.

12. You will get great satisfaction when you do things for others without seeking/expecting any form of returns

13. Have some passion and purpose in life which is beyond yourself and your well being.

14. Nothing attracts more than being WELL MANNERS and HUMBLENESS – if you want most people to love you – adopt it.

15. Avoid taking loans – this would save you from sleepless nights and embarrassments from the lenders.

16. You will face lot of temptations in life – some of them if you follow, may have devastating affects to yourself, your reputation, your family and loved ones. Be careful and always guard yourself.

17. When shopping, always ask yourself – is it a NEED or a WANT???

18. Take Care of your health at early stage of your lives – otherwise you will have to pay dearly at later stage of your lives. Eat food like medicines, otherwise you will have to eat medicines like food.

19. No matter how much time I have with you, let’s treasure the time we have together.

20. Religion is the most important thing in life it provides the spiritual strength.  Learn it, explore it, experience it and spread it.