40 the dream self made millionaire lessons

SALMAN SHAIKH
SALMAN SHAIKHEvent Management Company at Simple Concepts
“The Dream -
Key Lessons
from the world’s
youngest self-
made millionaire”
Personal Details – “G”
$ Name: Gurbaksh Singh Chahal
$ Known as: “G”
$ DOB: July 17, 1982
$ Profession: American entrepreneur, author, TV personality, motivational
speaker, and self made multi-millionaire
$ Education Qualification: High School (drop out)
$ First Company: Started his first venture, ClickAgents (On December 15, 1998 at
the age of 16). Sold the company for $40 Million at the age of 17.
$ Second Venture: Started BlueLithium (on January 12, 2004 at the age of 22).
Sold the company $300 million in cash to yahoo on October 15, 2007.
$ Third Venture: formed gWallet, a virtual currency platform for social
media, in September 2009.
$ Website: www.chahal.com
The Dream
• This is the most interesting book on management
lessons and an biography, I have ever read.
• I have already recommended this book to everyone in
my network.
• In order to spread the key lessons from the book, I tried
to put them into this presentation.
Hope you will enjoy them, but
still recommend you to read
the book too!!!
Always surround yourself with people who want you to
succeed. That seems simple on surface, but when you
get out there, in the real world, you will discover that
most people are rooting for you to fail.
STAY AWAY FROM THEM”
Lesson 1
Source: www.stmarksonthemesa.org
Lesson 2
Whatever you do, wherever you are, never forget that
GOD IS WATCHING.
Source: Flickr
Lesson 3
People tend to think that in order to start a new
business they have to come up with something new
and dazzling, but that’s a myth – and it’s often
propagated by venture capitalists.
A company can be similar to the competition as long
as it has the right people and right leadership, as long
as IT IS COMMITTED TO BEING BETTER THAN ALL THE
OTHER PLAYERS.
• One don’t need to start a company with a new idea. In
fact, if you start with something that‘s too different,
people might have doubts about your untested model. It
might be a brilliant idea, and you model could very well
be ahead of its time, but if the investors can’t relate to it
there’s a good chance you‘re not going to get funded.
• It is advisable to work with something they understand,
then turn it into the model you envisioned in the first
place.
Lesson 4
• It’s a mistake to try to REINVENT THE
WHEEL when you’re coming out of the
gate. Start slow and steady, get to parity,
then innovate.
Lesson 5
Never do anything for money – or, at least, solely for
money. Of course, one want to make money, but if
that’s the only goal, it will adversely affect all of your
decisions. They will be colored by greed.
SO DON’T LET MONEY DEFINE THE BEGINNING OF THE
JOURNEY; MAKE MONEY THE RAINBOW THAT COMES
AT THE END.
Lesson 6
If you genuinely want something, don’t wait for it –
teach yourself to be impatient.
PATIENCE MAY WELL BE A VIRTUE, BUT IMPATIENCE
HAS ALWAYS WORKED BETTER FOR PEOPLE.
The biggest lessons come from
the biggest mistakes. Never put
yourself in a position of
vulnerability.
ALWAYS OWN YOUR MISTAKES
Lesson 7
Don’t tell people what they ask you, tell them what
they need to hear to FALL IN LOVE WITH YOU.
Lesson 8
Don’t chase the money. Chase substance.
If you have substance, the MONEY WILL FOLLOW.
Lesson 9
FIX THING BEFORE IT
BREAKS,
rather than don’t fix
it if it’s not broken.
Lesson 10
DON’T BE JEALOUS.
Jealousy is one of the most useless emotions on the
planet.
Lesson 11
Some people are like crabs. If they can’t get over the
wall, they will PULL YOU DOWN TO KEEP YOU FROM
CLIMBING OVER.
Lesson 12
• Most people think that they need to know exactly
what they want to do when they start a business,
but they’re wrong. If you go into something with a
very specific plan. You might be so focused on your
goal that you would not see the PROMISING
OPPORTUNITIES that present themselves as you
make your way along.
Lesson 13
•Take the blinders off. Look around. Don’t be
afraid to go off on all sorts of unusual
directions, since that’s where you might just
find the MOST INTERESTING – AND
PROMISING – OPPORTUNITIES.
Being cheap is good for the
company and for the
stakeholders, but don’t be too
cheap.
NEVER BE CHEAP WITH YOUR
EMPLOYEES. If one of them is a
rock star, pay him or her a rock
star salary.
Lesson 14
• Failure is not an option. Anyone who even enterains
the idea of failure is already doomed. Whenever you
set out to do something, large or small, you have to
believe in your heart that it’s going to happen, and
you have to keep moving toward the goal.
Lesson 15
• It’s really all about forward movement –
like riding a bicycle. If you’re standing still,
it’s not easy to keep your balance, but if
you’re moving forward, there’s nothing to
it. That holds true for business and for life.
So KEEP MOVING FORWARD.
Learn to move on when it’s
time to move on. Bite the
bullet. Let go. START FRESH.
Don’t look back. It’s not as
easy as it sounds, but make
the effort – it’s worth it.
Lesson 16
DON’T LOSE YOUR MORAL
BAROMETER.
•Lies and obfuscation might
give you short-term success,
but they make for very
unstable relationships.
•Never compromise your
morality. We all need to live
by a moral code.
Lesson 17
CRITICISM is the best form of
discipline because it makes you
look at yourself.
Lesson 18
If you’ve got nothing to
hide – and you should
never have anything to
hide – DON’T SWEAT
THE PROCESS.
Lesson 19
He who knows when
HE CAN FIGHT AND WHEN
HE CAN NOT,
will be victorious.
Lesson 20
• If the company had $200 million in the bank, money it
could have been investing in manpower, products and
technology – but everyone was so risk-averse that they
refused to touch it. When you have $200 million in cash
available, you should be doing something with it, not
simply enjoying the interest you’re collecting.
• The interest on that chunk of change for the company’s
operation, and then some, of course but it wasn’t
growing the company. Instead, the company was
stagnating.
Lesson 21
SITTING ON YOUR MONEY IS NOT A
STRATEGY; IT’S AN ABSENCE OF
STRATEGY.
LISTEN TO YOUR HEART.
We tend to do well at
things we love, so find
something you love – or
learn to love what you’re
doing.
Lesson 22
Forget noble motivations. Success comes from wanting
to win, so you’ve got to want it bad – you really need
that killer instinct. At the end of the day, no matter
what they say, it’s not about how you play the game,
but about winning.
WINNING IS NOT EVERYTHING. IT’S THE ONLY THING.
(Vince Lombardi, American football coach)
Lesson 23
ADJUST YOUR ATTITUDE.
Without the right attitude, you’ll
never succeed. You have to
believe in yourself, often to the
point of madness, because until
you prove yourself the only
people who believe in you are
your parent. If you have any
doubts, get out now.
Lesson 24
FIGURE OUT WHAT YOU’RE GOOD AT. Very few of us
are gifted, so we need to work with the gifts we have.
If you’re five-foot-two and you love basketball, let me
be the first to tell you. Its’ probably not going to
happen (but don’t let me to stop you.)
Lesson 25
TRUST YOUR GUT.
We are complicated creatures.
That inexplicable feeling you get
sometimes – well, it tends to be
right a lot more often then it is
wrong. Try not to over analyse it.
Some mysterious inner you is
trying to help by pointing you in
the right direction.
Lesson 26
Yes Yes
Yes
NO
DO YOUR HOMEWORK. BEFORE YOU START
ANYTHING, make sure you know exactly what you’re
getting into. Ignorance is dangerous. What you don’t
know can and will hurt you.
Lesson 27
Source: www.mrsfredashistory.com
Be frugal. The only person YOU NEED TO IMPRESS IS
YOURSELF, and you’ll be impressed by success.
When it comes to staffing your company, however,
don’t be frugal. Find the right people for the right jobs,
and pay them what they’re worth. We all love and
need rock stars.
Lesson 28
DON’T EXPECT PERFECTION from yourself or others,
but never stop striving for it, and try to inspire others
to strive for it too.
Lesson 29
LEARN TO LISTEN. Everyone has an opinion, and
everyone is entitled to an opinion, and even wrong-
headed opinions can open your eyes to things you
might otherwise have missed.
So listen, even to people you disagree with – and may
be to them more than others. Then process what
you’ve heard and have the courage of your convictions.
Lesson 30
Source: www.zazzle.com
Own your mistakes. At the end of the day, every
decision you make, even if it was inspired by misguided
advice, is your decision.
Lesson 31
NOBODY WINS WHEN YOU
START LOOKING FOR
SOMEONE TO BLAME.
Let it go. Keep moving.
Forward movement is
everything.
Never lose sight of the competition.
While you’re playing, someone else is
working and catching up, so learn to
play with one eye on the competition.
YOU’RE NOT GOING TO BE ON TOP
FOREVER.
Lesson 32
Source: ww.rblewis.net
DON’T PROCRASTINATE.
Procrastination is just
another work for wanting to
fail. If you’re not hungry
enough, if you’re too lazy to
move forward, you’re never
going to get anywhere.
Lesson 33
Don’t’ do anything by half measures. Remember:
MEDIOCRITY IS FOR LOSERS.
Lesson 34
ALWAYS NEGOTIATE FROM A POSITION OF STRENGTH.
If you need something from the other guy, you’ve
already lost. People want what they can’t have.;
become the thing people want.
Lesson 35
Source: www.salestrainingeearning.co.uk
EXPECT THE UNEXPECTED.
If you’re ready for anything,
you’ll still be unpleasantly
surprised – but at least you’ll get
through it.
Lesson 36
PERCEPTION IS REALITY.
What they see is more important
than what is, so show them what
they want to see and tell them
what they want to hear.
Lesson 37
Don’t get emotional.
LOGIC AND EMOTIONAL
DON’T MIX.
Lesson 38
Source: mountcope.wordpress.com
BE FEARLESS.
The road to success is paved
with failures. If you’re afraid
to fail, you’ll never succeed.
Lesson 39
Source: schoolnet.gov.mt
PICK YOUR BATTLES.
The fighting never really
ends. Don’t let the
meaningless skirmishes sap
your strength; you are in
this to win the war.
Lesson 40
Grow a thick skin – a very thick skin. People will
question your ability to succeed and the loudest
among them might make you doubt your own talents,
so you’ll need a thick skin to drown out the noise.
THE SILENCE WILL HELP YOU FOCUS ON YOUR
OBJECTIVE, AND YOU WILL PREVAIL.
Lesson 41
TAKE CHANCES. Without risk, there is no reward. But
make sure it’s intelligent risk.
Only a fool bets against Tiger Woods (until it is time to
bet against Tiger Woods)
Lesson 42
When you commit, you really have to commit.
BECOME UNSTOPPABLE AND DON’T QUIT.
Lesson 43
There is no need to reinvent the
wheel.
You simply need to find out that
CAPTURED YOUR IMAGINATION,
and then you figured out how to
do it better than the next guy.
Lesson 44
Source: http://www.flickr.com/photos/terva/2072247720/
SUCCESS IS REALLY ABOUT MAKING IT HAPPEN.
It’s about dreaming. It’s about finding that one thing
you love above all others and then figuring out how to
do it better than anyone else.
Lesson 45
1 de 48

Recomendados

40 the dream self made millionaire lessons por
40 the dream self made millionaire lessons40 the dream self made millionaire lessons
40 the dream self made millionaire lessonsSALMAN SHAIKH
462 visualizações48 slides
The Dream by Gurbaksh Chahal por
The Dream by Gurbaksh ChahalThe Dream by Gurbaksh Chahal
The Dream by Gurbaksh ChahalJaspal Singh
11.3K visualizações49 slides
12 Incredible Life Lessons from Walt Disney por
12 Incredible Life Lessons from Walt Disney12 Incredible Life Lessons from Walt Disney
12 Incredible Life Lessons from Walt DisneyScott Postma
3.6K visualizações15 slides
50 ways to stay awesomely motivated por
50 ways to stay awesomely motivated50 ways to stay awesomely motivated
50 ways to stay awesomely motivated23055
824 visualizações8 slides
The climb por
The climbThe climb
The climbKlenam Fiadzoe
94 visualizações24 slides
How millionaires make money por
How millionaires make moneyHow millionaires make money
How millionaires make moneyAnil Upadhyay
1.6K visualizações25 slides

Mais conteúdo relacionado

Mais procurados

The 10 worst pieces of advice you've ever had por
The 10 worst pieces of advice you've ever hadThe 10 worst pieces of advice you've ever had
The 10 worst pieces of advice you've ever hadBart De Waele
7.8K visualizações64 slides
Psychology secrets of the millionaire mind por
Psychology   secrets of the millionaire mindPsychology   secrets of the millionaire mind
Psychology secrets of the millionaire mindsecrets behind the successful
392 visualizações40 slides
MTSU Leave Behind por
MTSU Leave BehindMTSU Leave Behind
MTSU Leave BehindWhitney Sewell
453 visualizações5 slides
12 things successful people do to por
12 things successful people do to12 things successful people do to
12 things successful people do tomotorgatamara
332 visualizações3 slides
20traitsmillionaires[1] por
20traitsmillionaires[1]20traitsmillionaires[1]
20traitsmillionaires[1]ianskie01
99 visualizações69 slides
Why your Failures Create Success por
Why your Failures Create SuccessWhy your Failures Create Success
Why your Failures Create SuccessErik Christian Johnson
3.1K visualizações21 slides

Mais procurados(20)

The 10 worst pieces of advice you've ever had por Bart De Waele
The 10 worst pieces of advice you've ever hadThe 10 worst pieces of advice you've ever had
The 10 worst pieces of advice you've ever had
Bart De Waele7.8K visualizações
MTSU Leave Behind por Whitney Sewell
MTSU Leave BehindMTSU Leave Behind
MTSU Leave Behind
Whitney Sewell453 visualizações
12 things successful people do to por motorgatamara
12 things successful people do to12 things successful people do to
12 things successful people do to
motorgatamara332 visualizações
20traitsmillionaires[1] por ianskie01
20traitsmillionaires[1]20traitsmillionaires[1]
20traitsmillionaires[1]
ianskie0199 visualizações
Why your Failures Create Success por Erik Christian Johnson
Why your Failures Create SuccessWhy your Failures Create Success
Why your Failures Create Success
Erik Christian Johnson3.1K visualizações
Confident prospecting por Flora Runyenje
Confident prospectingConfident prospecting
Confident prospecting
Flora Runyenje68 visualizações
2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s por David Naylor
2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s
2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s
David Naylor869 visualizações
2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s por David Naylor
2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s
2logical - 20 Life Lessons I Wish Someone Would Have Taught Me in My 20s
David Naylor269 visualizações
EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR por AbulQassim1
EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUREVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR
EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR
AbulQassim115 visualizações
Habits of mind por Shivang Mehta
Habits of mindHabits of mind
Habits of mind
Shivang Mehta1.1K visualizações
EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR: por AbulQassim1
EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR:EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR:
EVA GARZON SHARE 10 POWERFULL TIPS TO BECOME A SUCESSFULL ENTREPRENEUR:
AbulQassim159 visualizações
8-Step Practical Guide por guest0c1706
8-Step Practical Guide8-Step Practical Guide
8-Step Practical Guide
guest0c17061.1K visualizações
The 10 x rule 1 por bountman
The 10 x rule 1The 10 x rule 1
The 10 x rule 1
bountman172 visualizações
Persuasion Note Cards: preview por Victor .
Persuasion Note Cards: previewPersuasion Note Cards: preview
Persuasion Note Cards: preview
Victor .1.3K visualizações
Hallmark goal setting workshop (2) [autosaved] por Mitchell Forgie
Hallmark goal setting workshop (2) [autosaved]Hallmark goal setting workshop (2) [autosaved]
Hallmark goal setting workshop (2) [autosaved]
Mitchell Forgie215 visualizações
Thank God I'm Dyslexic por Chic Thompson
Thank God I'm DyslexicThank God I'm Dyslexic
Thank God I'm Dyslexic
Chic Thompson1.1K visualizações
Points for success por syednambm
Points for successPoints for success
Points for success
syednambm1.4K visualizações
Wealth building made simple emails por Kate Findley
Wealth building made simple emailsWealth building made simple emails
Wealth building made simple emails
Kate Findley109 visualizações

Destaque

4 time management por
4 time management4 time management
4 time managementSALMAN SHAIKH
485 visualizações35 slides
General meeting 3 12-13 por
General meeting 3 12-13General meeting 3 12-13
General meeting 3 12-13clark3ns
129 visualizações2 slides
Nscs general member meeting minutes 10-15-13 por
Nscs general member meeting minutes 10-15-13Nscs general member meeting minutes 10-15-13
Nscs general member meeting minutes 10-15-13clark3ns
226 visualizações2 slides
12 efective listening.pdfx por
12 efective listening.pdfx12 efective listening.pdfx
12 efective listening.pdfxSALMAN SHAIKH
403 visualizações9 slides
Hearts Apart Social por
Hearts Apart SocialHearts Apart Social
Hearts Apart Socialafrccafb
159 visualizações1 slide
2 how to win friends & influence people por
2 how to win friends & influence people2 how to win friends & influence people
2 how to win friends & influence peopleSALMAN SHAIKH
280 visualizações10 slides

Destaque(8)

4 time management por SALMAN SHAIKH
4 time management4 time management
4 time management
SALMAN SHAIKH485 visualizações
General meeting 3 12-13 por clark3ns
General meeting 3 12-13General meeting 3 12-13
General meeting 3 12-13
clark3ns129 visualizações
Nscs general member meeting minutes 10-15-13 por clark3ns
Nscs general member meeting minutes 10-15-13Nscs general member meeting minutes 10-15-13
Nscs general member meeting minutes 10-15-13
clark3ns226 visualizações
12 efective listening.pdfx por SALMAN SHAIKH
12 efective listening.pdfx12 efective listening.pdfx
12 efective listening.pdfx
SALMAN SHAIKH403 visualizações
Hearts Apart Social por afrccafb
Hearts Apart SocialHearts Apart Social
Hearts Apart Social
afrccafb159 visualizações
2 how to win friends & influence people por SALMAN SHAIKH
2 how to win friends & influence people2 how to win friends & influence people
2 how to win friends & influence people
SALMAN SHAIKH280 visualizações
41 wifi technology por SALMAN SHAIKH
41 wifi technology41 wifi technology
41 wifi technology
SALMAN SHAIKH524 visualizações

Similar a 40 the dream self made millionaire lessons

Shoking difference rich vs poor por
Shoking difference rich vs poorShoking difference rich vs poor
Shoking difference rich vs poorjuansalas
9.7K visualizações19 slides
Getting Financially Fit por
Getting Financially FitGetting Financially Fit
Getting Financially Fitniinue123
20 visualizações19 slides
10 Things Successful People Always Do por
10 Things Successful People Always Do10 Things Successful People Always Do
10 Things Successful People Always Dowww.SimonWilby.com
1.7K visualizações22 slides
15 Lessons From The Seeking Wisdom Podcast por
15 Lessons From The Seeking Wisdom Podcast15 Lessons From The Seeking Wisdom Podcast
15 Lessons From The Seeking Wisdom PodcastDrift
5.2K visualizações86 slides
13 tips to be successful por
13 tips to be successful13 tips to be successful
13 tips to be successfulMaxime Paradis
59 visualizações15 slides
25 Ways to Influence Others por
25 Ways to Influence Others25 Ways to Influence Others
25 Ways to Influence OthersBarb Phillips
2K visualizações28 slides

Similar a 40 the dream self made millionaire lessons(20)

Shoking difference rich vs poor por juansalas
Shoking difference rich vs poorShoking difference rich vs poor
Shoking difference rich vs poor
juansalas9.7K visualizações
Getting Financially Fit por niinue123
Getting Financially FitGetting Financially Fit
Getting Financially Fit
niinue12320 visualizações
10 Things Successful People Always Do por www.SimonWilby.com
10 Things Successful People Always Do10 Things Successful People Always Do
10 Things Successful People Always Do
www.SimonWilby.com1.7K visualizações
15 Lessons From The Seeking Wisdom Podcast por Drift
15 Lessons From The Seeking Wisdom Podcast15 Lessons From The Seeking Wisdom Podcast
15 Lessons From The Seeking Wisdom Podcast
Drift5.2K visualizações
13 tips to be successful por Maxime Paradis
13 tips to be successful13 tips to be successful
13 tips to be successful
Maxime Paradis59 visualizações
25 Ways to Influence Others por Barb Phillips
25 Ways to Influence Others25 Ways to Influence Others
25 Ways to Influence Others
Barb Phillips2K visualizações
20 Lessons Learned Article 2-19-15 por Tony Streeter
20 Lessons Learned Article 2-19-1520 Lessons Learned Article 2-19-15
20 Lessons Learned Article 2-19-15
Tony Streeter84 visualizações
Take Action Developing Your Personal Power In As Little As 30 Days With These... por SANDEEPNIVAS1
Take Action Developing Your Personal Power In As Little As 30 Days With These...Take Action Developing Your Personal Power In As Little As 30 Days With These...
Take Action Developing Your Personal Power In As Little As 30 Days With These...
SANDEEPNIVAS162 visualizações
Tips on success pisethsuccess.blog por PM Leadership
Tips on success pisethsuccess.blogTips on success pisethsuccess.blog
Tips on success pisethsuccess.blog
PM Leadership321 visualizações
Tips on success pisethsuccess.blog por Piseth Kham
Tips on success pisethsuccess.blogTips on success pisethsuccess.blog
Tips on success pisethsuccess.blog
Piseth Kham509 visualizações
10 Important Guidelines for Success por 239marketing
10 Important Guidelines for Success10 Important Guidelines for Success
10 Important Guidelines for Success
239marketing607 visualizações
Trent infield a manifesto for the young entrepeneur por Trent Infield
Trent infield   a manifesto for the young entrepeneurTrent infield   a manifesto for the young entrepeneur
Trent infield a manifesto for the young entrepeneur
Trent Infield456 visualizações
How to stand out from the crowd por Mohammed Belal
How to stand out from the crowdHow to stand out from the crowd
How to stand out from the crowd
Mohammed Belal2.5K visualizações
Readitfor.me interview with Danny Iny por Paul Joyce
Readitfor.me interview with Danny InyReaditfor.me interview with Danny Iny
Readitfor.me interview with Danny Iny
Paul Joyce571 visualizações
Ebook: 10 Tips to Grow Your Business in 2017 (Download) por Graham Brown
Ebook: 10 Tips to Grow Your Business in 2017 (Download)Ebook: 10 Tips to Grow Your Business in 2017 (Download)
Ebook: 10 Tips to Grow Your Business in 2017 (Download)
Graham Brown987 visualizações
Trade Tips: How bending the rules can benefit your life, career por McKinney and Associates
Trade Tips: How bending the rules can benefit your life, careerTrade Tips: How bending the rules can benefit your life, career
Trade Tips: How bending the rules can benefit your life, career
McKinney and Associates350 visualizações
I want to be more successful por VisualDNA
I want to be more successfulI want to be more successful
I want to be more successful
VisualDNA771 visualizações
Joker's Guide To Personal Effectiveness por bites consulting
Joker's Guide To Personal EffectivenessJoker's Guide To Personal Effectiveness
Joker's Guide To Personal Effectiveness
bites consulting3.3K visualizações
2-Entrepreneurship Skills.0.1.ppt por iain.verigin
2-Entrepreneurship Skills.0.1.ppt2-Entrepreneurship Skills.0.1.ppt
2-Entrepreneurship Skills.0.1.ppt
iain.verigin8K visualizações
Productivity Laws por Kyamulabye Maria
Productivity LawsProductivity Laws
Productivity Laws
Kyamulabye Maria 216 visualizações

Mais de SALMAN SHAIKH

Campus vs corporate por
Campus vs corporateCampus vs corporate
Campus vs corporateSALMAN SHAIKH
13.3K visualizações6 slides
Raj ngo brochure seminars update por
Raj ngo brochure seminars updateRaj ngo brochure seminars update
Raj ngo brochure seminars updateSALMAN SHAIKH
664 visualizações9 slides
Raj ngo brochure seminar por
Raj ngo brochure seminarRaj ngo brochure seminar
Raj ngo brochure seminarSALMAN SHAIKH
466 visualizações9 slides
46 smart glasses epson por
46 smart glasses epson46 smart glasses epson
46 smart glasses epsonSALMAN SHAIKH
512 visualizações66 slides
48 apple story por
48 apple story48 apple story
48 apple storySALMAN SHAIKH
1K visualizações67 slides
32 google products por
32 google products32 google products
32 google productsSALMAN SHAIKH
970 visualizações134 slides

Mais de SALMAN SHAIKH(20)

Campus vs corporate por SALMAN SHAIKH
Campus vs corporateCampus vs corporate
Campus vs corporate
SALMAN SHAIKH13.3K visualizações
Raj ngo brochure seminars update por SALMAN SHAIKH
Raj ngo brochure seminars updateRaj ngo brochure seminars update
Raj ngo brochure seminars update
SALMAN SHAIKH664 visualizações
Raj ngo brochure seminar por SALMAN SHAIKH
Raj ngo brochure seminarRaj ngo brochure seminar
Raj ngo brochure seminar
SALMAN SHAIKH466 visualizações
46 smart glasses epson por SALMAN SHAIKH
46 smart glasses epson46 smart glasses epson
46 smart glasses epson
SALMAN SHAIKH512 visualizações
48 apple story por SALMAN SHAIKH
48 apple story48 apple story
48 apple story
SALMAN SHAIKH1K visualizações
32 google products por SALMAN SHAIKH
32 google products32 google products
32 google products
SALMAN SHAIKH970 visualizações
50 5 g technology por SALMAN SHAIKH
50 5 g technology50 5 g technology
50 5 g technology
SALMAN SHAIKH1.1K visualizações
51 phishing attacks por SALMAN SHAIKH
51 phishing attacks51 phishing attacks
51 phishing attacks
SALMAN SHAIKH470 visualizações
52 mobile phone cloning por SALMAN SHAIKH
52 mobile phone cloning52 mobile phone cloning
52 mobile phone cloning
SALMAN SHAIKH1.5K visualizações
35 hard work and smart work por SALMAN SHAIKH
35 hard work and smart work35 hard work and smart work
35 hard work and smart work
SALMAN SHAIKH1.2K visualizações
36 winner vs losers por SALMAN SHAIKH
36 winner vs losers36 winner vs losers
36 winner vs losers
SALMAN SHAIKH826 visualizações
33 body language por SALMAN SHAIKH
33 body language33 body language
33 body language
SALMAN SHAIKH324 visualizações
34 you can win por SALMAN SHAIKH
34 you can win34 you can win
34 you can win
SALMAN SHAIKH784 visualizações
37 teachings of mahatma gandhi.pdfx por SALMAN SHAIKH
37 teachings of mahatma gandhi.pdfx37 teachings of mahatma gandhi.pdfx
37 teachings of mahatma gandhi.pdfx
SALMAN SHAIKH1.4K visualizações
38 joy of giving.pdfx por SALMAN SHAIKH
38 joy of giving.pdfx38 joy of giving.pdfx
38 joy of giving.pdfx
SALMAN SHAIKH360 visualizações
39 work ethics por SALMAN SHAIKH
39 work ethics39 work ethics
39 work ethics
SALMAN SHAIKH438 visualizações
42 grid computing por SALMAN SHAIKH
42 grid computing42 grid computing
42 grid computing
SALMAN SHAIKH535 visualizações
45 android applications por SALMAN SHAIKH
45 android applications45 android applications
45 android applications
SALMAN SHAIKH219 visualizações
43 sixth sense technology por SALMAN SHAIKH
43 sixth sense technology43 sixth sense technology
43 sixth sense technology
SALMAN SHAIKH423 visualizações
44 cloud computing basics por SALMAN SHAIKH
44 cloud computing basics44 cloud computing basics
44 cloud computing basics
SALMAN SHAIKH213 visualizações

40 the dream self made millionaire lessons

  • 1. “The Dream - Key Lessons from the world’s youngest self- made millionaire”
  • 2. Personal Details – “G” $ Name: Gurbaksh Singh Chahal $ Known as: “G” $ DOB: July 17, 1982 $ Profession: American entrepreneur, author, TV personality, motivational speaker, and self made multi-millionaire $ Education Qualification: High School (drop out) $ First Company: Started his first venture, ClickAgents (On December 15, 1998 at the age of 16). Sold the company for $40 Million at the age of 17. $ Second Venture: Started BlueLithium (on January 12, 2004 at the age of 22). Sold the company $300 million in cash to yahoo on October 15, 2007. $ Third Venture: formed gWallet, a virtual currency platform for social media, in September 2009. $ Website: www.chahal.com
  • 3. The Dream • This is the most interesting book on management lessons and an biography, I have ever read. • I have already recommended this book to everyone in my network. • In order to spread the key lessons from the book, I tried to put them into this presentation. Hope you will enjoy them, but still recommend you to read the book too!!!
  • 4. Always surround yourself with people who want you to succeed. That seems simple on surface, but when you get out there, in the real world, you will discover that most people are rooting for you to fail. STAY AWAY FROM THEM” Lesson 1 Source: www.stmarksonthemesa.org
  • 5. Lesson 2 Whatever you do, wherever you are, never forget that GOD IS WATCHING. Source: Flickr
  • 6. Lesson 3 People tend to think that in order to start a new business they have to come up with something new and dazzling, but that’s a myth – and it’s often propagated by venture capitalists. A company can be similar to the competition as long as it has the right people and right leadership, as long as IT IS COMMITTED TO BEING BETTER THAN ALL THE OTHER PLAYERS.
  • 7. • One don’t need to start a company with a new idea. In fact, if you start with something that‘s too different, people might have doubts about your untested model. It might be a brilliant idea, and you model could very well be ahead of its time, but if the investors can’t relate to it there’s a good chance you‘re not going to get funded. • It is advisable to work with something they understand, then turn it into the model you envisioned in the first place. Lesson 4 • It’s a mistake to try to REINVENT THE WHEEL when you’re coming out of the gate. Start slow and steady, get to parity, then innovate.
  • 8. Lesson 5 Never do anything for money – or, at least, solely for money. Of course, one want to make money, but if that’s the only goal, it will adversely affect all of your decisions. They will be colored by greed. SO DON’T LET MONEY DEFINE THE BEGINNING OF THE JOURNEY; MAKE MONEY THE RAINBOW THAT COMES AT THE END.
  • 9. Lesson 6 If you genuinely want something, don’t wait for it – teach yourself to be impatient. PATIENCE MAY WELL BE A VIRTUE, BUT IMPATIENCE HAS ALWAYS WORKED BETTER FOR PEOPLE.
  • 10. The biggest lessons come from the biggest mistakes. Never put yourself in a position of vulnerability. ALWAYS OWN YOUR MISTAKES Lesson 7
  • 11. Don’t tell people what they ask you, tell them what they need to hear to FALL IN LOVE WITH YOU. Lesson 8
  • 12. Don’t chase the money. Chase substance. If you have substance, the MONEY WILL FOLLOW. Lesson 9
  • 13. FIX THING BEFORE IT BREAKS, rather than don’t fix it if it’s not broken. Lesson 10
  • 14. DON’T BE JEALOUS. Jealousy is one of the most useless emotions on the planet. Lesson 11
  • 15. Some people are like crabs. If they can’t get over the wall, they will PULL YOU DOWN TO KEEP YOU FROM CLIMBING OVER. Lesson 12
  • 16. • Most people think that they need to know exactly what they want to do when they start a business, but they’re wrong. If you go into something with a very specific plan. You might be so focused on your goal that you would not see the PROMISING OPPORTUNITIES that present themselves as you make your way along. Lesson 13 •Take the blinders off. Look around. Don’t be afraid to go off on all sorts of unusual directions, since that’s where you might just find the MOST INTERESTING – AND PROMISING – OPPORTUNITIES.
  • 17. Being cheap is good for the company and for the stakeholders, but don’t be too cheap. NEVER BE CHEAP WITH YOUR EMPLOYEES. If one of them is a rock star, pay him or her a rock star salary. Lesson 14
  • 18. • Failure is not an option. Anyone who even enterains the idea of failure is already doomed. Whenever you set out to do something, large or small, you have to believe in your heart that it’s going to happen, and you have to keep moving toward the goal. Lesson 15 • It’s really all about forward movement – like riding a bicycle. If you’re standing still, it’s not easy to keep your balance, but if you’re moving forward, there’s nothing to it. That holds true for business and for life. So KEEP MOVING FORWARD.
  • 19. Learn to move on when it’s time to move on. Bite the bullet. Let go. START FRESH. Don’t look back. It’s not as easy as it sounds, but make the effort – it’s worth it. Lesson 16
  • 20. DON’T LOSE YOUR MORAL BAROMETER. •Lies and obfuscation might give you short-term success, but they make for very unstable relationships. •Never compromise your morality. We all need to live by a moral code. Lesson 17
  • 21. CRITICISM is the best form of discipline because it makes you look at yourself. Lesson 18
  • 22. If you’ve got nothing to hide – and you should never have anything to hide – DON’T SWEAT THE PROCESS. Lesson 19
  • 23. He who knows when HE CAN FIGHT AND WHEN HE CAN NOT, will be victorious. Lesson 20
  • 24. • If the company had $200 million in the bank, money it could have been investing in manpower, products and technology – but everyone was so risk-averse that they refused to touch it. When you have $200 million in cash available, you should be doing something with it, not simply enjoying the interest you’re collecting. • The interest on that chunk of change for the company’s operation, and then some, of course but it wasn’t growing the company. Instead, the company was stagnating. Lesson 21 SITTING ON YOUR MONEY IS NOT A STRATEGY; IT’S AN ABSENCE OF STRATEGY.
  • 25. LISTEN TO YOUR HEART. We tend to do well at things we love, so find something you love – or learn to love what you’re doing. Lesson 22
  • 26. Forget noble motivations. Success comes from wanting to win, so you’ve got to want it bad – you really need that killer instinct. At the end of the day, no matter what they say, it’s not about how you play the game, but about winning. WINNING IS NOT EVERYTHING. IT’S THE ONLY THING. (Vince Lombardi, American football coach) Lesson 23
  • 27. ADJUST YOUR ATTITUDE. Without the right attitude, you’ll never succeed. You have to believe in yourself, often to the point of madness, because until you prove yourself the only people who believe in you are your parent. If you have any doubts, get out now. Lesson 24
  • 28. FIGURE OUT WHAT YOU’RE GOOD AT. Very few of us are gifted, so we need to work with the gifts we have. If you’re five-foot-two and you love basketball, let me be the first to tell you. Its’ probably not going to happen (but don’t let me to stop you.) Lesson 25
  • 29. TRUST YOUR GUT. We are complicated creatures. That inexplicable feeling you get sometimes – well, it tends to be right a lot more often then it is wrong. Try not to over analyse it. Some mysterious inner you is trying to help by pointing you in the right direction. Lesson 26 Yes Yes Yes NO
  • 30. DO YOUR HOMEWORK. BEFORE YOU START ANYTHING, make sure you know exactly what you’re getting into. Ignorance is dangerous. What you don’t know can and will hurt you. Lesson 27 Source: www.mrsfredashistory.com
  • 31. Be frugal. The only person YOU NEED TO IMPRESS IS YOURSELF, and you’ll be impressed by success. When it comes to staffing your company, however, don’t be frugal. Find the right people for the right jobs, and pay them what they’re worth. We all love and need rock stars. Lesson 28
  • 32. DON’T EXPECT PERFECTION from yourself or others, but never stop striving for it, and try to inspire others to strive for it too. Lesson 29
  • 33. LEARN TO LISTEN. Everyone has an opinion, and everyone is entitled to an opinion, and even wrong- headed opinions can open your eyes to things you might otherwise have missed. So listen, even to people you disagree with – and may be to them more than others. Then process what you’ve heard and have the courage of your convictions. Lesson 30 Source: www.zazzle.com
  • 34. Own your mistakes. At the end of the day, every decision you make, even if it was inspired by misguided advice, is your decision. Lesson 31 NOBODY WINS WHEN YOU START LOOKING FOR SOMEONE TO BLAME. Let it go. Keep moving. Forward movement is everything.
  • 35. Never lose sight of the competition. While you’re playing, someone else is working and catching up, so learn to play with one eye on the competition. YOU’RE NOT GOING TO BE ON TOP FOREVER. Lesson 32 Source: ww.rblewis.net
  • 36. DON’T PROCRASTINATE. Procrastination is just another work for wanting to fail. If you’re not hungry enough, if you’re too lazy to move forward, you’re never going to get anywhere. Lesson 33
  • 37. Don’t’ do anything by half measures. Remember: MEDIOCRITY IS FOR LOSERS. Lesson 34
  • 38. ALWAYS NEGOTIATE FROM A POSITION OF STRENGTH. If you need something from the other guy, you’ve already lost. People want what they can’t have.; become the thing people want. Lesson 35 Source: www.salestrainingeearning.co.uk
  • 39. EXPECT THE UNEXPECTED. If you’re ready for anything, you’ll still be unpleasantly surprised – but at least you’ll get through it. Lesson 36
  • 40. PERCEPTION IS REALITY. What they see is more important than what is, so show them what they want to see and tell them what they want to hear. Lesson 37
  • 41. Don’t get emotional. LOGIC AND EMOTIONAL DON’T MIX. Lesson 38 Source: mountcope.wordpress.com
  • 42. BE FEARLESS. The road to success is paved with failures. If you’re afraid to fail, you’ll never succeed. Lesson 39 Source: schoolnet.gov.mt
  • 43. PICK YOUR BATTLES. The fighting never really ends. Don’t let the meaningless skirmishes sap your strength; you are in this to win the war. Lesson 40
  • 44. Grow a thick skin – a very thick skin. People will question your ability to succeed and the loudest among them might make you doubt your own talents, so you’ll need a thick skin to drown out the noise. THE SILENCE WILL HELP YOU FOCUS ON YOUR OBJECTIVE, AND YOU WILL PREVAIL. Lesson 41
  • 45. TAKE CHANCES. Without risk, there is no reward. But make sure it’s intelligent risk. Only a fool bets against Tiger Woods (until it is time to bet against Tiger Woods) Lesson 42
  • 46. When you commit, you really have to commit. BECOME UNSTOPPABLE AND DON’T QUIT. Lesson 43
  • 47. There is no need to reinvent the wheel. You simply need to find out that CAPTURED YOUR IMAGINATION, and then you figured out how to do it better than the next guy. Lesson 44 Source: http://www.flickr.com/photos/terva/2072247720/
  • 48. SUCCESS IS REALLY ABOUT MAKING IT HAPPEN. It’s about dreaming. It’s about finding that one thing you love above all others and then figuring out how to do it better than anyone else. Lesson 45