How Mukesh Ambani's Finance Leadership Ensured Lasting Success.
30, Jan
2024
Finance Leadership: Mukesh Ambani vs Anil Ambani’s Journey

Finance Leadership: Mukesh Ambani vs Anil Ambani's Journey

In the early days of my business management studies, a finance professor posed a question to our class:

Whom do you admire more — Mukesh Ambani or Anil Ambani? 

Without hesitation, the entire class echoed the name Anil Ambani.

 

Anil was the epitome of charisma. He was suave, stylish, and married to a famous actress, with the media capturing his high-profile life, including his morning walks along Marine Drive with tight security. Who wouldn’t admire him? He was everything the public admired in a successful businessman: fit, charming, and glamorous.

 

On the other hand, Mukesh Ambani didn’t seem to fit the mold of the “ideal” business leader. He looked like an average, simple man—someone lacking the public speaking skills and charisma that his brother possessed. Even his daughter, Isha Ambani, humorously remarked that her father’s interviews were boring.

 

But here’s where the perception shifted.

The Finance World’s Love for Mukesh Ambani

While Anil Ambani basked in the public spotlight, the finance world had its eyes on Mukesh Ambani. They didn’t care about appearances; they were smitten by numbers and success stories. Mukesh’s business acumen wasn’t about appearances—it was about tangible results. His ability to continuously deliver success made him the preferred leader in the world of finance.

 

The stock market rallied behind Mukesh, as Reliance Industries’ market capitalization soared. His strategic moves, such as diversifying into telecommunications and retail, set him apart. More importantly, Mukesh groomed the next generation of leaders in his children, Akash and Isha, preparing them to carry the empire to even greater heights.

 
How Mukesh Ambani's finance leadership ensured lasting success.

The Fall of Anil Ambani

Years later, reality hit when we all applied for the Reliance Power IPO, promoted by Anil Ambani. The IPO, much anticipated, was a disaster—it opened below the listing price and spiraled downward. Soon after, Reliance Communications became nearly bankrupt, with shares plummeting to Rs. 2. Anil’s once-promising empire crumbled, with Reliance Power and Reliance Communications falling into decline.

A Study in Finance Leadership: Chocolate Box vs Complaint Box

One of the best analogies to describe the finance leadership styles of Mukesh and Anil is the chocolate box vs. complaint box.

 

– Mukesh Ambani’s leadership can be likened to the chocolate box. Even when there’s a mistake, people continue to trust him because his track record is full of success. His organization’s culture remains strong, and stakeholders rally to overcome challenges, knowing Mukesh has the vision and capability to steer them through.

 

– Anil Ambani’s leadership, on the other hand, fits the complaint box. Even when there’s a moment of success, it feels like an exception rather than the norm. His leadership did not inspire long-term confidence, and one small mistake seemed to spiral into disaster.

Finance Leadership: Mukesh Ambani's Lasting Legacy

In the world of finance, leaders are defined not by charisma but by results. Mukesh Ambani’s rise to success is a testament to that. He may not be the most flamboyant public figure, but his ability to lead Reliance Industries through various challenges speaks volumes about his finance leadership.

 

Even when things go wrong, Mukesh Ambani’s “chocolate box” ensures that investors, employees, and stakeholders remain confident in his vision. And this is what makes him a true leader in finance—someone who doesn’t just succeed in the short term, but builds an empire that stands the test of time.

 

If you are a finance leader, always remember: 

you LEAD to exceed!

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30, Jan
2024
Leadership Mindset = Right Mindset

Leadership Mindset = Right Mindset

The key to effective leadership lies in having the right mindset. Leadership is not just about holding a position of authority; it’s about thinking, acting, and believing in ways that drive success.
 
When I came across one of the 108 names of Lord Ganesha, Vignaharta, the remover of obstacles, I realized something profound. The obstacles we face aren’t always external; they often begin in the mind. This insight reinforced the idea that the right mindset is the foundation of true leadership. Leaders with the right mindset can move mountains—not because obstacles disappear, but because they no longer allow them to exist in their thinking.

Passion and Purpose: Fuel for Leadership

A leadership mindset isn’t just about eliminating mental barriers. It’s also about passion. True leaders are driven by purpose, just as the four elements—air, water, fire, and earth—work in harmony to support life.
 
  • Air is the breath of life, symbolizing vision and clarity.
  • Water signifies adaptability, the key to growth.
  • Fire represents passion, the energy that fuels leaders.
  • Earth provides stability and focus, keeping leaders grounded.
  •  
Just like these elements must coexist, a leader must balance passion with focus, and adaptability with stability. Leaders who achieve this balance can guide their teams through any storm, grounded in purpose but flexible enough to change when needed.

Leadership Mindset: The Journey

Leadership is more about the journey than the destination. It’s not just about hitting milestones or achieving goals—it’s about growing through every experience. Imagine a motorcycle rider who doesn’t ride for the road or the destination but for the sheer joy of the ride itself. In the same way, leaders thrive not by waiting for perfect conditions but by embracing every step of the journey with enthusiasm.

Taking Charge and Recharging

Leaders are always in charge of their actions and outcomes. But even the best leaders know when to recharge. Taking time to reflect, pause, and regain energy is essential for long-term success. This balance of action and rest ensures that leaders can lead effectively without burning out.
 
Self-leadership is the foundation of leadership mindset. It involves:
  • Managing time effectively,
  • Cultivating meaningful relationships,
  • Prioritizing health, and
  • Balancing the demands of money and success.
  •  
Just like a caterpillar transforming into a butterfly, the true transformation of a leader begins from within. The right mindset allows leaders to believe in their potential, overcome obstacles, and lead themselves before they lead others.
 

Conclusion: Right Mindset = Leadership Mindset

Having the right mindset is the core of great leadership. It empowers leaders to move past obstacles, stay passionate, and take charge of their own journey. When leaders think higher of themselves, for themselves, they set the foundation for success. Everything else becomes secondary.
A leadership mindset is not just about leading others—it’s about leading yourself toward growth, passion, and balance. With the right mindset, anything is possible.

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Stock Market: Where Money Makes More Easy Money!
30, Jan
2024
Stock Market: Where Money Makes More Easy Money!

Stock Market: Where Money Makes More Easy Money!

Patience and Emotions in the Stock Market

In the stock market, if you’re looking to buy 100 shares, consider buying just 50 today. If the market goes up, you can book short-term profits. If it dips tomorrow, you’ll have the chance to buy at a lower price. Sounds simple, right? Then what’s the challenge?

The issue is lack of patience and unstable emotions. These two elements can make or break your stock market game. Master them, and they become your greatest assets—not only for making money but for building sustainable wealth. Stable emotions can help you not only succeed in the stock market but also lead a fulfilling life.

How to Play in the Stock Market?

The stock market game is as straightforward as it seems: enter when prices are low, exit when they’re high, and watch in the meantime. By following this rule, market lows become opportunities. You get the chance to buy great companies at bargain prices. These companies have bright futures, and their stocks are bound to rise, whether in the short or long term.

The same applies to life. Embrace the lows as building blocks for your highs. Patience and perseverance are key to reaching new heights.

Stock Market: Where Money Makes More Easy Money!

Stock Market and IPOs

The IPO market is booming, especially in India. One company, Yatra—an online travel portal—has been listed on NASDAQ after a reverse merger. This process allows a private company to acquire a public company to bypass the traditional listing process. While Yatra’s stock has been stagnant for years, it plans to take advantage of the growing Indian stock market.

Relationship with Money

Morgan Housel’s The Psychology of Money offers profound insights into how we view and manage money. Here are some key takeaways:

 
  1. Luck and risk play a big role in wealth creation.
  2. Save without a specific reason.
  3. Building wealth and maintaining wealth are two different things.
  4. Health is the ultimate wealth, and time is the ultimate freedom.
  5. Save enough to survive failures and keep moving forward.
  6. Experiences shape us in ways we don’t realize.
  7. Showing off—whether with a house, car, or vacation—is pointless.
  8. Don’t compare yourself to others; we’re all playing different games.

Flawed Finance Funda: The Affordability Test

A popular new affordability test says, “If you can buy it twice, go ahead and buy it.” But is it really that simple?

A shirt for ₹500 can be bought several times, but buying it multiple times is just extravagant. Should you wait until you have ₹4 crores in your bank to buy a house worth ₹2 crores? Finance goes beyond numbers. It’s about quality and necessity.

If it’s a want, delay buying it. Focus on your needs first.

Dream House: Invest with Heart and Soul

Your dream house, built with hard-earned money, is more than just bricks and mortar. It’s a symbol of your dedication and love. As they say, Ghar ek hi baar banta hai.

Instead of chasing flimsy discounts, focus on building value. Lead your financial decisions with purpose and foresight.

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Leadership Karma
30, Jan
2024
Leadership Karma: The Ultimate Game

Leadership Karma: The Ultimate Game

The Zillion Dollar Question today on top of each bright mind is: When do you Become a Leader?

So, I asked– When Do you Become a Leader?

They replied: “Who is winning all the time? OR

Who is talked about and admired by the world? OR

Who is ahead in the race of life? OR

Who achieves all that is desired early and inspires others?”

They Asked: When do you Become a Leader?

I replied: “Who even if losing badly, will not do wrong. Who is striving to take humanity ahead? Who excels by being a living example and is aspired by others. Who understands and tunes into the rhythm of the universe”…

The world sees presentation but Karma sees action and Intention. It is important to apply leadership karma in daily management.

If you are saddled in the Leadership seat, it is pertinent to showcase and live as a True Leader. It takes more than courage and willpower to be an authentic leader in this world. The scars of losing and fighting for truth are real medals rather than victory itself.

The next wave of emerging leaders who will emulate you will become your shadows. The prototypes will take actions inspired by you. This will add to your Leadership Karma. Good and Bad. If it is Good and Bad, make it Good or Bad. No grays. Not both.

Become a Leader by understanding the concept of Leadership Karma and building upon it.

Leadership Karma: The Third Eye

The third eye of Shiva when it opens, it destroys all the bad with fire. If you are pure, the fire will turn you into gold. If you are pure in intentions and action, your Karma will LEAD with great Shiva. Stay pure and let the third eye of intuition LEAD you in the right direction. Shiva is in three forms Brahma Vishnu and Mahesh.

Like him, the leader who is the creator, administrator, and destroyer has to take all three modes from time to time. The third eye of Shiva is about the time. Intuition, anger, fire. depends on what you display. Every leader also has a third eye.

The third eye of intuition makes its decision-making skills adept and Vision through which it channeled its energy in the right direction. Let us lead the dance of life with formidable Leadership karmas like Natarajan Shiva with the vibhuti bhushan giving us the understanding that we are like ash and that is the temporary existence of flimsy life. 

Journey of Leadership Karma…

When a child gets good grades, everyone is exhibiting sheer joy. How it gets the grades by cheating or on its own merit takes a backseat.

Though called a Leader, is the child accumulating good karma or bad karma?

The race to a career is set with many milestones to be achieved….

A fancier car

A bigger house

A luxurious life

A fat bank balance

A safe big pool of retirement corpus

Growth is life and is important, giving life satisfaction and purpose. How is the growth achieved should be a bigger question than the tick marks on the growth list. The growth in life should be aligned with the karmic growth.

Be on the journey of  Leadership Karma and not on a journey of a successful life flagged with flimsy symbols.

Question the Karma.

All those who are not leaders or in a leadership position would also need to carve out their karmic journey.

To work in a firm, accept the culture, breathe in life in the profile, and showcase solidarity to clients and brotherhood to teammates. These will also accumulate Karmas. It is important to choose.

Make tough choices.

Make smart choices.

Make the right choices.

Make karmic choices.

Start by Questioning the obvious.

It is important to know the power of questions. Questions showcase a quick, curious, active, seeker mind. The right set of questions will set your sail in search of the right answers. That is the karmic journey then the answer itself.

If a mosquito bites you, there can be two sets of questions. You have a choice of how you want to set the tone.

Why did the mosquito bite only me and no one else?

OR

Since the mosquito bit me, what should I do about it to control the situation and take the best measures?

Is there a quick rich scheme out there for me?

OR

How to make money that is pure and sustainable wealth?

What shall I do to crush my competitors?

OR

What can I work on to be outclassed and world-class?

How can I get quick fame?

OR

How can I create an inspiring legacy?

More Thought Provoking Questions:

     Do we build bad karma if we fire people during tough times from our organization?

     Do we shield ourselves from bad karma if we do not ask for money from unethical people in business?

     Do we lead with formidable karmas if we take each decision for the greater good?

     Do we accumulate tough karmas if we sacrifice a few under the name of collateral damage?

Know the answers to these in Leadership Karma.

Zillionite: Gist

At Zillionite, we believe in building authentic leadership. We have lot of workshops and books to truly imbibe leadership for each in personal and professional lives. Leadership Karma is the leadership tool kit book by Zillionite discussing ethical, moral, spiritual and karmic ripple effect in our lives.

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10, Nov
2023
India’s G20 Presidency: Digital Progress and Global Unity

India’s G20 Presidency: Digital Progress and Global Unity

“It is not India’s decade; it is India’s century!”
The decade has started with India taking the G20 presidency 2023.

G20: GIST

G20 summit is where 19 countries and EU together are part of it for economic growth and averting financial crisis.
It was formed after 2008 crisis. The main objectives to form this group of 20 was:
– Sustainable growth Initiatives
– Building sturdy financial architecture
– Financial stability in India
– Economic growth in India
– Financial structure

Management of G20

ROIKA: The Past, Present and Future presidency work together in sync for making it happen. There is no permanent team but this is how it operates.
 
 
There is Sherpa and Finance Sherpa who are at the helm of organising and discussing the agenda in the meets.

Year 2023: G20- India at Helm

Let us mark the date on calendar for the eventful days in the month of September 2023 where the world will come together under one roof as one family.
This year the summit is happening in New Delhi 9 th -10 th Sep 2023.
Theme: One Earth. One Family, One Future.
“Vasudhaiva Kutumbakam”
 
With the agenda of keeping the larger picture in mind, the key points of discussions and deliberations will be
– Of looming recession
– Post pandemic revival
– Russia Ukraine War
– Climate change
 
The Sherpa Meeting took place in December 2022 at Udaipur. Sherpa Amitabh Kant had started on a strong note.
He promised that the Finance Track and Engagement Groups will also be actively engaging for tackling the issues surfacing in fiancé and economic growth of the world.

G20 Presidency- How will this benefit India?

Tech Progress: There are digital success stories which can be highlighted and emphasised to the world about
the digital progress in India which can truly unite the world going forward.
Bridge Builder and Healer: The tension surrounding the ongoing war where India is in a delicate state in the dilemma to take a stand between the war-torn Russia and Ukraine. This would be an opportunity to heal any wounds and build the bridge of trust with compassion. To give the guarantee and assurance of how India has greater good of all the nations at heart.
Digital Unity: the progress made on UPI, Fast tags, Adhar card linkages is noteworthy.
 

 

                                                                 

Grassroot Level Challenges in India

It is not India’s decade; it is India’s century of leadership! That is India will be LEADING for the next 100 years! There is not an iota of doubt in these maxims. However, the bigger question is how will India become the leader of century?
The Indian entrepreneur challenges and roadblocks to this scintillating destination are galore.
As per Zillionite, India needs a four forked strategy to LEAD the century.
 
  1. Ease of Doing Business
  2. Financial Architecture
  3. Global Vision
  4. Battery of Lawyers
1. Ease of Doing Business:
For global tie ups and partnerships, ease of doing business in India is important. Though India has progressed by leaps and bounds in ease of doing business rankings in terms of ease of doing business, it has a significant distance as some pertinent key characteristics are still languishing for the business
to go sleek and suave. The World Economic Forum had a protocol to publish rankings on ease of doing business every year. The ranking system has been discontinued from year 2022 citing misinformation and unfair practices in play to arrive at the conclusive rankings.
 
 
Source: World Economic Forum
Picture Published in ET
 
 
The real challenge is enforcing contracts as the legal support for businesses growth is without teeth to enforce contracts. The legal enforcement must be really entrenched to conduct business growth strategies in right and holistic manner. The minorities are also not protected enough due to the muscle game of the stronger entities and presence of deep pocket players in the market who tilt the dynamics from being a level playing field for all.
 
 
2.Financial Architecture:
Digitally, India is way ahead than others and is continuously galloping in the right direction. There are still bigger challenges to be addressed in the finance arena. A common prevalent challenge identified needs exigent measures. The elephant in the room is bad debts in business. The problem of bad debts is entrenched across almost all sectors in India. The varied types of bad debts eruption are:
  • – Stressed Assets – Bad Debts!
  • – NPA in banks.
  • – Loan Shark Deals
  • – Consumer Bad Debt: Debt of Credit Card, Auto Loans, and debt for personal expenses.
  •  
 
 
Every year banks write off a huge number of bad debts and there are ARCs to resolve these murky issues which take its own time and there is no guarantee of recovery. The ratio of recovery even by ARCs depends from case to case. In almost all businesses in India, the gestation of credit cycles is elongated. Additionally, there is 20% to sometimes 40% of bad debts being written off across varied industries. Even the players who can pay the credit decide to play the dirty game to take advantage of the weaker vendor or citing industry norms. These showcases ethical indecencies which is a perennial problem. This ethical dilly dallies not only percolates at the domestic level but also affects international business trades. If the reforms and measures for bad debts are not put in place then the Financial Architecture Challenges in India will be akin to walking in a minefield! This will shrink the opportunities for good domestic and international businesses. A sturdy financial architecture will steer India to LEAD globally.
 
 
3. Shared Vision of India:
The scintillating vision of India is to “Grow Global.” This Vision needs a lot of elements to fall in place and stick like magnet to show its reverberating impact with sustainability at core. It must deal with other countries comprehensively, competitively, and collaboratively to lead the century. To ensure that the set vision sees the light of reality, a lot of ground work must be undertaken by the government across industries at multi-lateral levels. The aim of India should be that each good company from varied countries should be able to do more business in India with unwavering enthusiasm. Security, assurance, principle safe, easy recovery of money factors should be well taken care of. India in terms of a financial stability must LEAD by example. This also needs law force and fluidity of legalities to support this vision. Both must work hand in hand to ensure that business growth in India with sturdy financial architecture is supported by swift legal practices.
The game changer in achieving India’s global vision is to have roots entrenched in Sturdy Laws.
 
 
4. Battery of Lawyers and World of Opportunities
That the world is a global village is an understatement. However, the legal methodologies vary from country to country. The legalities right from starting the business to winding up the firm are multi-fold. While conducting business as usual the documentation of contracts, agreements, exports, imports, due diligence is mandatory and time consuming. Also, understanding and drafting of deals in international trades and businesses is done by taking into consideration legalities of two different geographies will play a massive role more than ever. We need battery of lawyers in India for supporting and formulating a robust financial architecture. Legal sharks can help to stand the storm of business cycles and industrial challenges.

Lawyers are also entrepreneurs.
Each lawyer who is having its own practise is also running a business venture. They are on the tough road of entrepreneurship like many in different sectors and domains. The lawyers also face bad debts due to non-payment of dues from the clients. These lawyers understand the problems first hand as the nature of business is the same irrespective of the industry. If there are fast track courts in India which aid and help to access with ease of legalities in terms of cost, availability of legal experts and agility in terms of decisive outcome, this will be a turnaround point for India and the world will sit and notice.

The current scenario has financial headwinds to step into legal fights. To file a case against bad debts in Indian Business, the legal fees start from minimum 10,000/- INR which can easily stagger up to lakhs. The legal documentation is also exhausting and cumbersome to say the least. With strong Indian Legal Enviornment, businesses will be conducted in more ethical manner proactively to avoid the iron rod. The players will see immense benefit and this will make each element doing business vie for sustainability in a natural, lucid, and organic fashion. Strong laws will make people more ethical which will become a second nature of business owners. Ethical business breed is where people will die to pay premium, will be queuing up to associate. Strong Ethics -Strong laws is a dual sword which will work beautifully and cut sharply for those who are off the track in terms of debt repayment. Even unethical people want to do business with ethical people as they too have a fear of being cheated! A classic case of snake biting its own tail.
 

Case Study of Zillionite Client with Global Vision

Mahesh Kamble started his entrepreneurial journey in India when he was just out of college. Back in college, his professor had talked comprehensively about export import business as lucrative with ease of entry in the business. Nine people from his class after graduation started their own firm in export and import business getting all the documents in place. Mahesh found the easiest business if not ease of business. Despite putting real efforts, he could not get any clients despite several attempts. He along with multiple of his classmates who had started export import business could not solve the challenge of getting business in monetary terms for almost a year. After almost a year pursuing his stint, Mahesh connected with Zillionite. He enrolled in our flagship LDP (Leadership Development Program) and was over the moon for bagging his first ever client. There was no looking back for Mahesh from there on.
 
The solutions suggested by Zillionite were incorporated by EXMI and it had a very positive impact. Zillionite helped EXMI create a strong Vision and Mission for the company. He was creating waves with global clients and vendor partners. Keeping India at heart creating benefits with world class quality imports and exports for each.
 
 
 
Zillionite: With the turnaround success story of Mahesh, we felt victorious as our aim to achieve was fulfilled. The aim is to build 0 to 1 for entrepreneurs in their entrepreneurship journey. Zillionite is a leadership development firm for entrepreneurs of today to become the future leaders of tomorrow. Zillionite is about empowering and creating an impact.
– Ethical
– Excellence
– Eco System
– Educative

Global India or India Global?

Shared Vision: Aim for 1% of bad debts to do business in India. This aligns well with the global Business vision of India to do the same. Also, it would be great to see India host 2036 World Cup, Olympics and much more…with the mindset and vision all set and aligned with LEADING for the century!Let this be India’s Leading century witnessing India to LEAD from the front, from the back and even from the middle of the pack!
LEAD INDIA!
www.zillionite.com
 
[email protected]
Note: All the views are expressed by Shweta Vora, founder of Zillionite.
References
https://www.sundayguardianlive.com/news/five-reasons-indias-g20-presidency-matters
https://ekon.go.id/publikasi/detail/4807/1st-sherpa-meeting-indian-g20-presidency-marking-the-start-of-indian-
presidency-towards-one-earth-one-family-and-one-
future#:~:text=The%201st%20Sherpa%20Meeting%20of,city%20located%20in%20Rajasthan%20State.
https://www.business-standard.com/article/current-affairs/india-leads-the-world-in-real-time-digital-payments-
says-pm-modi-122081500622_1.html
https://atradius.fr › rapports › payment-practices/

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25, Oct
2023
Business Leadership: The Cornerstone of Profitability

Business Leadership: The Cornerstone of Profitability

Business Leadership is nothing but being profitable. This is the foundation for business to know if they have got the business acumen and more importantly are they doing their work and homework well. How new age entrepreneurs with dynamic business model in India are making waves in the business world.
We have two case studies of Wework India and Zerodha- a fintech startup which is now the most profitable finance company of India in recent times.

Case Study 1: Wework India

From a loss of 120 crore in 2021 to profit of 175 crore this year by #Wework India is really laudable. Factors aiding in the demand for co working space:

A: hybrid mode of work
B: flex spaces for vicinity, travelling
C: Networking opportunities
D: Aesthetic infrastructure without hassles

The CEO of Wework India stated that there is no need for further funds as their bottomline is becoming stronger and they are self sufficient financially. He expects the company to grow in 2023 with the topline growth of 1500 crore which is growing by leaps and bounds. The revenue growth was 1300 crore between January-December as against Rs 760 crore in 2021.

Interestingly, old school commercial real estate also saw a boom of 40% in last two years as companies return to grow and scale up.

Changing Business Dynamics:

These are dynamic times for business. The business dynamics have changed drastically post pandemic. The commercial real estate where both the old school and new school of commercial players are seeing rising growth is noteworthy and tell a tale of changing times and transforming business landscapes.

Dynamic Leadership is understanding the next wave of dynamism in your industry and in future industries which will absolutely change the way in which business will be done.
If you are Leading the change, like Wework, great. If not, you need to be aware of who and how is the player in your industry bringing the change and can quickly adapt to the requisite changes to be in the forefront of the race.

 

The Future: Co-Living and Co-Working:

Next growth for Wework could be to get Welive (co-living) which is in fledgling state in New York to India. Under Adam Neumann, Welive was all set to take wings and bring a revolutionary change in the coliving space. Since he is ousted from the company, this project is on the backburner for Wework Group.

With co living, accommodation is shared with others and is better if not cheaper than renting a living space. Co-living is shared space for living and that brings the cost down. Sometimes it is not the case, as you can have a room mate while renting a flat which will ensure the rents are not steep.

 

2025 Flex Spaces: Future Combo of Co-working and Co-living!

Zillionite envisages that this space will have best of both the worlds which equips the work force and gives them the proverbial work life balance in one sense if not the other!Even if the next pandemic hits, it will not put brakes to work as you can jump out of your bed and lo you have entered your office!

Aha!

Compensation at Zerodha

100 crore salary — Eye popping or Mind boggling compensation? This is a case study about finance for entrepreneurs – Thought Leadership 

Zerodha, an online brokerage firm has decided to compensate its three promoters with INR 100 crore salary. Salary of 100 crore means ending up in higher tax bracket. So does this make sense? Compensation is difficult to structure even more in start ups. Zerodha is a private company and has the liberty to add zeroes as it deems fit. Lets looks at the strategic outlook in different cases:

 

Option 1: Salary income tax

Take salary and pay 43% of taxes. So cash in hand will be INR 57 Crores.

Option 2: Dividend tax

The corporate tax rate is 25%. Individual dividend tax rate is 34.5%
So after the corporate tax and individual tax, they will get INR 49 crores.

Option 3:

Selling shares through funding, IPO or any such route.

 

This is ruled out for now as it is a zero debt company with a profit of INR 1000 cr.Yet with valuations, it will be a lucrative option with less stake and more cash in hand. The leaders at Zerodha state that they want to give back to the society as being the highest tax payers with this compensation.

Leadership Skills- Zero Sum Game

Well, all in all, it is definitely not a Zero sum game with all the zeroes in place and growing without obstacles – for all!
Leadership is a game where you lead when from zero to become one and you have won with the winning leadership skill for sure.

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25, Oct
2023
Not Giving Up: The Essence of True Leadership

Not Giving Up: The Essence of True Leadership

Rohit Sharma was replaced by Jasprit Bumrah as a captain for a cricket match last week. Bumrah is rested and Shikhar Dhawan will now be the captain for the upcoming match. Can the succession lineup increase the probability of success… Does it mean not giving up on victory under any cost and being extra prepared. Being a captain and performing as a captain are two different things.

Leadership Lesson from Sports

The key is to have the successive leadership ready with rigorous training, prior exposure and requisite skill set for demanding times. Replicate in business and in life to LEAD! We all want the cup coming home. We want the medal tally increase multifold.
Still, there are equally talented champions who fought so well that while fighting both the teams were equally good. Only one took the trophy.

Be wowed with the Not Giving Up story!
Just missed = A pat on back saying “Well Played”
Appreciate the spirit of “You gave it your all”. Build the ecosystem to support them too. Not letting their spirit break. Giving them hope to try harder and continue the sincere effort by putting their heart and soul…AGAIN.

To be the LEADERS of tomorrow in sports. Where every effort is equivalent to a win!

In sports, the glory and podium finish keeps on changing. Yesterday it was Bronze. Today it is Gold! That is the medal color of Boxer Lovlina at Olympics and World Championship respectively. Her gold win is called breaking the “bronze jinx”. The same bronze was a country pride! Tomorrow it will be a different color for the boxing champions. The leader is the same who is squarely focussed to achieve the goals.

 

The outcome keeps on changing colors just like the medals. Be happy as the medals keep coming. Even if once in a while there is a slip in getting medal, it does not lessen the player or the champions. The endeavour, vision, discipline and tenacity is still the same when you play any game. 

That is LEADERSHIP.

Self Leadership is True Leadership in Sports

Nikhat Zareen, a boxing champion also won at World Boxing Championship. She is called “Indomitable”. She is the same player who was not given a chance for trials of Olympics as she was a novice and a renowned world champion was sent to Olympics without the qualifying rounds taking place. She was not a Success then or she won medals so she is a Successful Now. Even then she was a women Leader. Even today she is an Inspiring Leader– just at the world stage. It is the circumstances, competition which is different each time. In each domain and industry.

 

For each of us — entrepreneurs in India, professionals, students or home makers or future leaders — The only way for leadership skills development is by Aim to Achieve. The Jazbaa has to be there. Do not be tied to the outcome. That is the real beauty of the entrepreneurial journey. Put your best foot forward and be unruffled by changing colors. The changing colors are for the judgements, applause for the world which keeps on changing too. Tie a tough knot to your focus, to your intentions, to what YOU are!!

Not to glory, podium finish and medal colors.

Because, READ that AGAIN
Success is ≠ Leadership
Know what is Leadership with Zillionite.
Leadership Vibes

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25, Oct
2023
Leading in Business: Creating Value through Vision and Leadership

Leading in Business: Creating Value

Doing good business is one thing. Leading with Vision and Trust to build Wealth and Growth is a different phenomenon altogether. Good business is transactional, succeeding with clever moves and shrewdness in the entire approach. One should know negotiation skills for closing high-value deals.

A great business is built on Leadership Mindset. It has its foundation entrenched in leadership Values. Though Mindset and Values are qualitative in nature, they shine through in attitude, approach, and deeds.

1. Double Discount

Why will you never take a double discount and yet buy at full price for the very thing you need?

      Your family doctor charges you the same exorbitant price, no discount. Would you expect 20% off for the entire family and 50% off for extended family, even if they don’t need medical attention?

Buying a fire extinguisher for your house, with a five-year expiry. Would you try to bargain for a discount because it’s unused, or appreciate the investment’s security?

2. Discount Providers Motive

A. Food Industry

      Products nearing expiry

      Short shelf life

      Seasonal changes

B. Retail Industry

      Inventory turnover

      Deadstock

      Defects

      Trends change

C. Online E-commerce Platforms

      High traffic periods

      Economies of scale

      Festive season sales spur purchases beyond needs

D. Rest of the World

      Inability to bridge the demand-supply gap through value creation

      Challenges in justifying value creation

3. Difference between SME and Brand Leaders

Dreaming of a Ferrari, dining at the Taj, or staying at the Ritz-Carlton—do you expect deep discounts?

Ironically, needs and wants are discounted steeply, while luxury remains unquestionably priced.

4. Leadership Development

      Uphold your ground, protect your turf

      Leverage past achievements

      Communicate authentically

      Deliver performance, showcase capability

      Discounts should be short-term, highlighting clear benefits for value distinction

Build Your Tribe….

Select a tribe that:

      Buys occasion-specific

      Values and needs over showmanship

      Purchases with introspection

Post-purchase, recall the experience over discount percentages. What truly counts cannot be counted—especially not discounts!

Outplay, outgrow and outclass with Leadership Values and Excellence. Give value every time; multifold returns are assured in the long term. Incorporating elements such as holistic growth strategies and global leadership challenges and solutions can further enhance your approach and lead to sustained success.

Additionally, focusing on self-improvement tips for aspiring leaders and advanced leadership training programs can solidify your path to becoming a great leader.

Shield from Flimsy Shots

Build on Culture and Trust. Develop emerging leadership skills to navigate the modern business landscape effectively.

Lead with Zillionite.

— Shweta Vora,

Founder – Zillionite

Zillionite: Creating Value

At Zillionite, we believe in holistic growth and the power of leadership training. Our leadership development program is designed to help you tap into your intuition, develop essential leadership skills, and thrive in any industry ecosystem. 

Lead in Business with Zillionite. 

www.zillionite.com

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