Startups – The how and why to fighting and winning against stronger opponents?

I was never among the physically stronger kids during my childhood. And since fist-fights among kids are not uncommon, I had to devise other ways to tackle my opponents rather than relying on only my physical strengths. At times you get beaten up, but since you know you can’t overpower someone you start hitting the areas where they might be most vulnerable. Sometime you just wait and pass time while your opponent gets tired before you take your shot.

Starting and running a start-up is also the same, in many ways. Being matched up against competitors many times your size and weight, and that too in a market which is not always ‘fair‘, to put it gently. But as in my childhood, being placed against a bigger opponent can have its benefits too. You learn persistence and resourcefulness irrespective of your current situation. These challenges are what makes a startup interesting, and those who drive the thrill out of overcoming these challenges are the right people for a startup.

Why would anyone do that?
You can ask that why would anyone want to fight against a tougher and stronger opponent? Why would anyone want to do something where the chances of success are only minimal? Yes, it doesn’t make sense. This ‘WHY‘ is very difficult to explain in words, but those who do it know the answer somewhere inside. Maybe it is the same reason people cheer the underdog team when they win against a stronger opposition in sports? Maybe it is the same reason that we draw hope from those who fight against the norms for something they truly believe in? Despite of all the fears and challenges. Despite of the very minimal chance of success.

Coming back to entrepreneurship, maybe it is just in some people’s blood (as they say entrepreneurs are born and not made). But whatever it is, the likes of Steve Jobs, Lance Armstrong, Bill Gates and Anna Hazare felt it and at many different times, each one of us have also felt it. When we believe in something for which we are ready to put a lot at stake, we all become entrepreneurs in a way. Whether it is fighting for a cause, running a business, or expanding the boundaries of human performance!!

How would anyone do that?
– Perseverance and Resilience
When you win against a stronger opponent, you become more confident and fearless. But when you lose, you start working on your weaknesses and try to make use of the resources you have. You very well know you can’t afford and have all the resources your competitors have, so you try to make the best out of what you have. And by doing so, you develop such a wonderful skill which even your big competitors doesn’t have – the ability to survive tough times with resilience.

Mark Twain said it very rightly so

Mark Twain said it very rightly so

– Iterate
In the startup world, as George Patton said “A good plan today is better than the perfect plan tomorrow”, it is very important to act on incomplete information and in a world where uncertainty looms large. If you are doing something worthwhile, then you have to constantly go into uncharted territory, try new ideas, fail, then start again, and then fail again. And so on. As you have to expand yourself so much and step out of your comfort zone in doing so, you also have a steep learning curve.

– Use your ego, but with feet on the ground
Ego is not always bad. Doing a startup is basically believing in yourself when no-one else does, and when even you have your doubts. It is about the confidence that “I can do it, I will do it, even if I don’t have the resources or skills to do it“. It takes a man with ego to go up and stand against the world. But at the same time, you need to stay realistic and know your limitations. A healthy ego is not only required but also necessary to constantly expand yourself and to keep fighting every day, even after facing many defeats. A healthy ego doesn’t stop you from getting back up knowing you might get beaten again.

– Getting things done, despite of a hundred things which need your attention
Startups aren’t for everyone. In a startup you always have thousands of things to do, and you don’t have anybody to delegate to. You will have to do all kinds of things which are normally reserved for ‘other‘ people in a normal job. In short, there are no boundaries of work. You might be planning, designing, coding, doing marketing and sales calls, all in a day. What becomes most important in a startup is to get a task done, irrespective of whether it is above or below your pay scale, irrespective of whether you have done it before or not, irrespective of whether you know how to do it or not. If a client is visiting and your office is a mess, the first person who picks a broom to clean up is the best fit for that startup.

In the end, I think it is the fighting that matters and not the winning. It is the daily grind you go through which is the most important part, even more than actually beating a stronger opponent. As it has been told by many great leaders – “The journey is more important than the destination”. I will end with a quote by Marian Wright Edelman
“You’re not obligated to win. You’re obligated to keep trying to do the best you can every day.”

How to write regularly, and get better at it in 10 easy steps

I have been writing on this blog for almost two years now, and as I have mentioned in a previous article, writing is not easy. From writing just a couple of articles a month in the beginning of 2010 to writing around 15 articles every month now, it has taken a lot of patience and hard work. There have been frustrations at not being able to finish a simple article over many days, and the pain of not liking what you have just finished writing. It still happens, and not all the articles or poems I come up are ready to post that instant. Sometimes I edit an article multiple times, and over several weeks before posting it.

Today I am going to share some of my learnings from these last 20 months of writing, and what steps you can take if you aspire to write regularly, and become better at that. Even if you are not not writing now, these tips will help you get started and going. Since there are a lot of lessons I have learnt and I keep getting new insights everyday as I write more and more, I am going to write it down in multiple articles, but starting with 10 points which I feel the most important in this article. So here we go…

1. Just Do It

You will become a better writer by writing more, not by planning to write more. So, irrespective of the fact that whether you are tired or busy, whether it is sunny or cloudy outside, just put your butt down, and write. Let me say it again for more impact. Don’t Dream about writing, just WRITE.

2. Feel It. Express it

Write about something you feel and care about. Choose a topic or subject that gets your heart beating, whether it is music, sports, yoga, business or fiction. Writing is not about the language, it is about the subjects that bring out different emotions in you. And once you start writing on something close to your heart, you will be amazed to see how words flow out.

3. Keep a Notebook

Ideas don’t work on an on-call basis. You can’t call out for new ideas, topics or phrases when you want them. They can sprout up in your mind anytime, sometimes even in the middle of the night. So always keep notes, either offline or online, and note your thoughts and ideas, about a new topic or some interesting sentence or quote you might have just thought. When you actually sit down to write, refer to these notes to structure your article. An idea lost is an idea lost, and you can’t recall it again at will, so better note it down the first time.

The Rules of Writing by E L Doctorow

The Rules of Writing by E L Doctorow

4. Keep Patience

You will not like everything you like. Sometimes even after sitting for an hour, you won’t be able to write much. But don’t loose patience. This is expected, and a part of the game. If you want to write good stuff, you have to empty your mind of all the rubbish. And when you write something which you don’t like, it is only this rubbish coming out. Now you must not loose hope and persevere because only after all the rubbish is gone, the good stuff will start coming out.

5. Take Feedback

Most often we are blinded to flaws in our writings, whether grammatical or structural, and it is always helpful to take feedback from a few people before publishing. What is more important is to take critical feedback and not just reject it, but work on it to make your article better. I would also like to take this opportunity to thank all those to whom I go for review whenever I finish writing something new.

6. No Fear

Let go of any fear you might have. Fear only results in you ‘not‘ writing. So be without fear, which I know, is impossible. But recognize your fears, and get over them rather than letting them overwhelm you. Let these fears drive your writing. Write badly if you must, but do write. Because if you write, you won and the fear lost.

7. Keep Editing for Later

When you start writing, very often you will feel that what you just wrote can be improved. But don’t be tempted and work on finishing the first draft of your article first, and keep all editing for later. Nobody is asking you to be perfect, so have the courage to write badly, but don’t stop writing unless you finish the first draft.

8. Review and Edit Multiple Times

One practice which has worked very well for me is to review my own writings multiple times, often separated by time intervals of atleast a day. After I finish writing the first draft of any article, I don’t review it immediately, but instead review it once for the next few days, and then post it. This helps me view the same article with a fresh mind every day and hence the changes (if any) I do make it better, instead of if I were to edit it just after I finished writing it.

9. Maintain Discipline

One of the most important practice you can bring to the table is being disciplined at writing. I write around 4 days a week now, and want to increase it to 6 days soon. But it is very important to keep writing regularly, even if you are writing only rubbish. Even if you are not in the mood. Even if you are tired, or exhausted, or whatever. Don’t let your reasons for not writing become greater than your discipline.

10. Read a lot

One sure shot way to improve your writing, and get new ideas to write about, is to read a lot. Read books, newspapers, and articles online. Most often I get the idea of a new blog topic after reading an article online or while reading a book. At this point, I just make a note of the topic and any bullet points which I might have, and come back to it later to write the full article. Due to reading, and keeping notes (see point 3 above) I always have a list of articles to write with some notes already in place.

Why I love Test Matches?

If there are sports as fast as hockey and football which can get pretty exhaustive and a real test of stamina for players as they hardly get any break in a game, there sits Test Cricket on the other side where your stamina and skills are tested, but in a totally different way. Test Cricket is the longest form of cricket, where two teams play over five days, and sometimes even those five days fails to produce a result. Nevertheless, it has its own following and has been in existence since 1877. It puts the players’ skills, patience, fitness and stamina to utmost test over the five days.

Waiting is a very important part of test cricket. Waiting everyday for a 40 minute lunch and a 20 minute tea forms an integral part of the day. Apart from that, there is more waiting, for the openers to settle in, for the ball to get old, and then waiting for 80 overs to take the new ball. The batsman wait for the ball to stop swinging, while the spinners wait for the ball to start spinning. The bowlers wait for the batsmen to make a mistake, and the batsmen wait with their shots till the bowlers are tired.

A sight only possible in Test Cricket

A sight only possible in Test Cricket

Twists and Turns

A test match can turn a match over its head many times over the period of 5 days. Every session gives both teams the chance to show their talent and come back into the game. This way it is a real test of skills and only the best team will win at the end. Lucky performances don’t matter as much as in ODI and T20 cricket. There is ample proof of this as teams have won after having to follow on or being completely outplayed in the first innings. No other sport perhaps can give such thrills.

Patience

Test cricket, more than anything else, is the test of patience of the players. Ishant Sharma’s spell to Ponting in Perth in 2008 was a testimony for that. A bowler has to bowl long spells and really bring out his talents to the table to get the batsman out. There is no hurry or run rate issues and the batsman will not play any rash shots. The batsman will also wait for the bowlers to get tired out and the ball to get old before playing their shots. In this way, it is more about playing time and testing the patience of the opposition which makes Test Cricket so intriguing to watch.

Intensity

Although it might seem like a slow game, it never goes down in intensity. The concentration and focus which players need to put in, and the fighting spirit which brings out the best in many players, is a real treat to watch. Players like Rahul Dravid, Steve Waugh, VVS Laxman, Anil Kumble are a result of this unwavering focus and never ending determination on the cricket field.

That's why they say that the defensive shot is the most important

That's why they say that the defensive shot is the most important

Fitness

Playing continuously for five days, sometimes under very harsh weather (like in Chennai) requires great level of fitness and character to survive, let alone play. Many of the players to score a century in Chennai have suffered cramps and dehydration, but it has also brought out some of the best innings and test matches ever played. When a bowler has to bowl 40 overs a day and a batsman might need to bat out more than 10 hours, every muscle in your body will be tested and is a big challenge for not only the players, but also the support staff.

Those who say Test Cricket is dead perhaps have never realized what cricket is. The contest between bat and ball, the constant struggle to wait before the other side makes a mistake, and the never ending twists and turns it brings, with the emotions it brings out from players as well as spectators, make it the ideal ‘Test’ of a player’s skills, and also their patience. Only test cricket can create great records such as Australia’s 16 consecutive test wins, and only test cricket can bring out matches like the Calcutta Test in 2001, or the Adelaide Test of 2003, or Headingley in 2002. Only test cricket can bring out heroes like Gavaskar, Dravid, Laxman, and Kumble. And cricket would certainly be poorer without the presence of players of this stature.

Five Values exemplified in the book “Banker to the Poor” by Muhhamad Yunus

Among some of the best books that I have read is ‘Banker to the Poor‘ (buy from Flipkart or Amazon) by Muhammad Yunus. It is the story of how he created Grameen Bank with the vision of easy credit availability to those who need it the most. It is a fascinating read, and it is impossible not to take something away from it. He saw a vision, and against all odds, ran Grameen as a business and gave micro-credit to the world. He changed the way the world looked at banking. Apart from the economics, he and Grameen Bank has had a huge social impact in Bangladesh, with millions of households being empowered to live a life they love. For his efforts, Muhammad Yunus was awarded the Nobel Peace Prize in 2006.

There are many traditional human values which have been exemplified in this book, and by Grameen Bank and Muhammad Yunus. These are the values which are common to most successful people, most winners alike, be it in the field of sports, business, politics, or social change. I am listing below the five basic values which the story of Grameen and Mr Yunus very clearly demonstrate –

1. Vision

Muhammad Yunus describes the poverty situation in Bangladesh in this book as “There are many ways for people to die, but somehow dying of starvation is the most unacceptable of all. It happens in slow motion. Second by second, the distance between life and death becomes smaller and smaller, until the two are in such close proximity that one can hardly tell the difference.” He started the Grameen Bank and his microlending experiments with a vision to eradicate this poverty, from his country and from this world. He saw credit as a very basic human right, and went to provide it to the poorest of the poor. He saw the vision of a poverty free world where credit was easily available to those who are most in need of it. He had this vision in Bangladesh, an Islamic country where business and money is looked down upon. Most of his borrowers are women, even when the purdah is still prevalent in rural Bangladesh. He started a bank when nobody in Bangladesh supported him. But he had a vision, and no obstacle can deter him from his vision.

Yunus with his borrowers

Yunus with his borrowers

2. Patience

There is a famous quote by Gordon Livingston, “Only bad things happen quickly. Virtually all the happiness-producing processes in our lives take time, usually a long time: learning new things, changing old behaviors, building satisfying relationships, raising children. This is why patience and determination are among life’s primary virtues. ” You will not find a better example which demonstrates patience than the story of Grameen Bank. Muhammad Yunus started his experiments in 1974, starting with a $27 loan to 42 people. He continued his experiment from village to village asking the government banks for help only to find closed doors. The Grameen Bank was established only in 1983 and he had to face several hurdles from the government and big banks every step of the way. It was only due to his patience and determination that he turned his dream into a reality.

3. Perseverance

The initial days of his micro-lending experiments were rocky. Nobody believed that he can do what he was saying, and his numbers always fell on deaf ears. He never got funds from the government banks, and Grameen was formally formed only in 1983 after years of perseverance. He continuously had to execute his pilot projects on a bigger and bigger scale just to prove his concept, which he did without frustration and anger. He turned conventional banking practices upside down by lending to the poorest, people who have no collateral and to women who form now 98% of the bank’s lending population. Inspite of all this, he persevered and continued his efforts. He changed his strategies, tactics, and goals over and over, but he never changed or give up on his vision.

The story of Yunus and Grameen Bank

The story of Yunus and Grameen Bank

4. Adherence to Principles

Right from the start, Yunus created a culture of hard work, integrity and simplicity for all his employees. He mentions in the book how his branch managers go out into villages and talk to people about their problems and not just about their business. Simplicity is evident in Grameen branches all over Bangladesh. The pay is minimal to the employees and they have to undergo a training living with the poorest. He created the Sixteen Decisions, which asked borrowers to modify their traditional ways of living. The 16 decisions are –

  1. We shall follow and advance the 4 principles of the Grameen Bank – discipline, unity, courage, and hard work – in all walks of our lives.
  2. Prosperity we shall bring to our families
  3. We shall not live in a dilapidated house. We shall repair our houses and work toward constructing new houses at the earliest opportunity.
  4. We shall grow vegetables all year round. We shall eat plenty of them and sell the surplus.
  5. During the plantation season, we shall plant as many seedlings as possible
  6. We shall plan to keep our families small. We shall minimize expenditures. We shall look after our health.
  7. We shall educate our children and ensure that they can earn to pay for their education.
  8. We shall always keep our children and the environment clean
  9. We shall build and use pit latrines
  10. We shall drink water from tube wells. If they are not available, we shall boil water or use alum to purify it.
  11. We shall not take any dowry at our sons’ weddings; neither shall we give any dowry at our daughter’s wedding. We shall keep the center free from the curse of the dowry. We shall not practice child marriage.
  12. We shall not commit any injustice, and we will oppose anyone who tries to do so.
  13. We shall collectively undertake larger investments for higher incomes
  14. We shall always be ready to help each other. If anyone is in difficulty, we shall all help him or her.
  15. If we come to know of any breach of discipline in any center, we shall all go there and help restore discipline
  16. We shall introduce physical exercises in all our centers. We shall take part in all social activities collectively.

These principles, along with the credit from Grameen, empowered the villagers day after day to live up the vision of Muhammad Yunus of a poverty free future.

5. Innovation

All through his fight for micro-credit to the poorest and his journey with Grameen Bank, Muhammad Yunus challenged traditional practices and continuously innovated to find a way through the different challenges he faced. One of his innovation was to focus on lending to women, as they are more likely to think about the benefit to the whole family. All this in a Bangladesh where women were not even allowed to touch money. Whatever traditional banks did, he did the opposite. He loaned to the poorest of the poor, he loaned to people in groups, not individually. He gave loans without any collateral or security, and without paperwork. He simplified loan repayments by weekly meetings of self-help groups. By all these innovations, Grameen and Mr Yunus effected a paradigm shift in the financial banking system.

P.S. – See all my favorite books here