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7 Life Lessons from Mr. Kishor Kharat (MD & CEO of IDBI Bank) for a Successful Life (#made of great)


Tata Motors came up with a great campaign to inspire millions by honouring those who are #madeofgreat. I consider myself blessed to meet inspiring people all the time. I believe there is something within all of us that makes us unique.

When I thought of someone, I know and is made of great – the first person that popped in my mind is my Uncle (Kaka as I call him) Mr. Kishor Kharat (MD & CEO of IDBI Bank) who is undeniably made of great and also the motivating example of greatness and excellence driven by self-belief.

Mr. Kishor Kharat (MD & CEO IDBI Bank)

Mr. Kishor Kharat (MD & CEO IDBI Bank)

My uncle Kishor Piraji Kharat has assumed charge as MD & CEO of IDBI Bank with effect from August 14, 2015. He was earlier posted as executive director of Union Bank of India. He is a graduate in commerce and law, and is a certified associate of the Indian Institute of Bankers. He also holds an Executive Diploma in Management. Before Union Bank of India he had served Bank of Baroda for three decades. He has dealt with various verticals of banking including credit, international business, information technology and general administration both in India as well as overseas.

When someone we know forever, a family member starts making waves and influence many you cannot help but be proud. Proud was the exact feeling I felt when I interacted with a stranger recently in an event. She saw my full name on my tag and started taking with me. The first question she asked me was, “Are you related to Mr. Kishor Kharat?” I nodded yes and got into a long talk about how we learn from role models who lead by example. My uncle has guided me on many occasions I have always looked up to him especially when I was choosing my specialization for college and when got my first job in a private bank. I have always found his drive to achieve big dreams admirable.

The #madeofgreat campaign of Tata Motors builds upon their DNA of trust, authenticity, reliability, simplicity, as well as its commitment to innovation. These are the qualities that make winners like their Global Brand Ambassador – Lionel Messi who perfectly fits the role as he is trustworthy, reliable, pioneering, simple and driven by self-belief.madeofgreat

A great and strong character is something that one can find common in all great people. I think it is my Uncle’s strong mind and willpower to achieve greatness is what drives him. The way my uncle has strived for his success and position has taught me some important life lessons. My uncle who comes from a humble background started at a low position in the banking industry but his thirst for education and excellence that took him to the great heights.

7 Life Lessons from Mr. Kishor Kharat for a Successful Life:

1. Ambition: A person should always be ambitious in life. Where you come from? What your background is? These questions are irrelevant. One must do whatever one can from wherever s/he is. If one dreams big and works hard, s/he can reach greatness.

2. Humbleness: Even after achieving great success my uncle has not forgotten his roots. The village that he grew in celebrated his success and my uncle took time out from his busy schedule to be a part of the celebration. He talked about his childhood and people that have made impact on his life. He mentioned how important was the influence of his mother (my grandmother) on his life and talk about his teachers from the village.

3. Self-Confident: Anyone who is someone has achieved it because of self-confidence. My uncle has set an example for many that confidence can take you to great heights. One must keep educating self in relevant skills to live a confident life.

4. Hard Work: A person no matter how intelligent or talented cannot become successful without hard work. My uncle has proven that when one shows commitment to work they do get appreciated for the hard work.

5. Positive Attitude: To live a positive life one must have a positive mind and attitude towards everything. Every difficulty should be taken as an opportunity to grow. My uncle has overcome many challenges in his life to reach a successful position. It is his positive attitude that kept him going despite many obstacles.

6. Vision: Seeing the big picture, visualizing your goals before achieving them are important qualities of successful people like my uncle. To grow one must be a visionary. My uncle believes in the motto – Dream big and try to achieve it.

7. Work–Life Balance: Besides being, a Top Banker my uncle is a caring husband and father of two sons. He has tried to balance his demanding hours at work and his time at home. My Aunt (also a banker) has been a pillar of support in his career. From my uncle and aunt I take the lesson of being supportive, loving and caring towards my spouse’s career. The couple is a perfect role model for everyone trying to balance work and life.

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#madeofgreat Contest for readers:

Win Amazon Voucher worth Rs. 750 by giving the most creative answer to the question below –

“What do you think of Tata Motors’ association with Lionel Messi?”

20 Best Time Management Tips from Brain Tracy – Part 3

20 Best Time Management Tips from Brain Tracy – Part 3

20 Best Time Management Tips from Brain Tracy – Part 3

In the last two parts (20 Best Time Management Tips from Brain Tracy Part 1 & Part 2) we saw 10 tips that can turn around our life by improving our time management skills. In this post we are going to see some few methods that can help us become more productive and get a firm grip on our success by getting time on our side.

11. Interruptions: We cannot avoid disturbances while we work. The phone will ring several times, someone might like to come and talk to us about something happening in their life or some technical causes that can bring your work to a complete halt. We simply cannot avoid interruptions but we can minimize their impact on our work. We cannot do much about the technical pauses other but Mr. Tracy gives an easy tip to minimize our phone calls or chatting with visitor time. Mr. Tracy tells us to make a habit to stand up for every call or visit. By standing up and talking on the phone you do not get loose track of time and reflect the urgency to keep the call purely work related. You remind yourself to keep it short and also about getting back to work. Do the same with a walk in visitor and that person will not take much of your time.

12. Key Result Areas: While planning for a day’s work one should have a complete awareness about their Key Result Areas. Answering following simple questions can help us understand the important areas or tasks that are vital for us.

. Why do I get paid? (Or) Why am I on the payroll?
. What are my bread and butter?
. What are the goals or core functions of my job?
. Will it critically affect my goal if I miss any of the tasks?

We should give priority to these areas and spend reasonable time on them. If any task that you normally do does not qualify as your Key Result Areas then we should spend less time on them gradually eliminating the task for good.

13. Batching Task: Another very effective tip from Mr. Tracy to manage time. We can effective segregate our tasks into batches. This is taking the To-Do list to the next level. Make batches of tasks that go together. Assign specific time frame for these batches. Like if you like to check your mails after lunch or first thing in the morning then set aside checking mail, answering them and filling up your calendar and related tasks that you do every day for that specific time. Concentrating on one batch of task at a time helps us improve accuracy and reduce panic.

14. Neatness: It is not a secret that organizing your desk or office can improve your productivity. Mr. Tracy tells us that neatness can actually increase productivity by 20 to 30 %. Spend your first few minutes to make your workplace tidy before you start for the day. You can use the simple TRAF method to separate things in your office.

TRAF stands for Toss, Refer, Action and File.

15. Chunks of Time: Just as we make batches of time you can simultaneously separate chunks of time as 60 mins, 90 mins, an hour or 2 hrs. As per the requirement of the specific task assign chunks of time for that task while planning your day. When we allot a concentrated blocks of time for one important task we tend to complete that task within time. This helps us make a very effective use of time.

16. Transition Time: Never forget to keep aside an hour or so for learning. Mr. Tracy tells us if we need to earn more, we need to learn more. Sharpen your skills daily. Make yourself irreplaceable. Learning is forever it should not stop after getting a degree.

17. Telephone: Telephones are mostly interruptions as we discussed in the 2nd part of this series. Limit your time to less important calls. If you have to make calls assign a work batch and chunk of time daily to make calls. Stand while you make calls this will help your body with a much needed stretch.

18. Punctuality: Successful people value time and are punctual. If you agree to reach on a specific time then respect that agreement and it will build up a positive reputation for you. There can be many reasons for being late sometimes though it is always good to be punctual more than being late.

19. Work Simplification: We tend to do the same or similar work over and over again. Our core task is mostly repetitive. When we do the same thing many times we naturally find out ideas that can shorten the time span or simplify a process. Organizing things needed for the job can improve speed.

20. Say No: Many people fail to turn down requests from colleagues. Doing a favor to someone once in a while is good relationship building but if it starts happening frequently then you should not hesitate to say no.

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20 Best Time Management Tips from Brain Tracy – Part 2

20 Best Time Management Tips from Brain Tracy – Part 2

20 Best Time Management Tips from Brain Tracy – Part 2

In the last post we discussed 5 tips for Time Management from Brain Tracy. For those who really want to master the art Mr. Tracy has given some more tips. Some or all these ideas can help us improve our productivity.

6. Deadlines and Rewards: Mr. Tracy instructs us to maintain deadlines. It is my personal experience that I work effectively if I have a set time limit to complete a project. Deadlines give us a sense of urgency to finish what we start. It is convenient to prioritize our projects as per their completion date. To make this effective give yourself a nice fully deserving reward after completing a major project with set time frame. Rewards work – carrot is always better than stick.

7. Time Log: If you have trouble completing projects in time. Then to understand your weaker areas it is a highly recommended technique to maintain a record of time spent on every small task you do. With the help of this you can do self analysis and find out where most of your time is used. Mr. Tracy tells us that successful people keep records of time in minutes while others in hours or even days. Start with whatever you are comfortable with. It may feel tedious to record time of every little thing you do but once you find out where most of your time is getting used or wasted you can make some serious changes that can result in achieving most of your goals.

8. Procrastination: Procrastination is my biggest weakness. I struggle the most with starting of any projects especially the important ones. I am learning to get over this using few tips from Mr. Tracy such as understanding the difference between urgent and important and choosing important over urgent whenever possible. As we saw in the part 1 of this post the 80:20 rule can help us in spending more time on important tasks. Developing a ‘Do it Now’ attitude can create a sense of urgency for important tasks.

9. Delegate: Appointing someone to complete a task sounds good. If you are a perfectionist you’ll find it difficult to accept the work done from others until you make some suggestions and changes in the output. This can result in rework and end up losing time. One must learn to let go on little things and focus more on the bigger picture. Don’t fuss on unimportant issues or tasks. Do not waste productive time on things that can be done by someone you can hire. Think through what you want done, pick the right person, check, review, inspect and be on top of it till it is done. Once you find the right person for the right job maintain a good relationship keeping your future projects in mind.

10. Meetings: When I was working in a bank I noticed that the meetings were highly productive whenever someone from the top management was present in it. These meetings had a set agenda with PowerPoint presentations, time spent on every slide of the presentation was predetermined. Everyone had printout of the presentation so no one generally suggested to go back on any previous slide. In absence of some high ranking manager the meetings had a trend to go not as per plan and end up taking more time than scheduled. Why did this happen? Simply because successful people value time and they never allow themselves or others around to waste any. You don’t have to reach to the highest position of your career to get serious about your schedule. Start getting serious of your schedule and you will start climbing the ladder towards success. Do not waste time in meetings, have a purpose for the meeting, meeting is an investment, agenda or list of things to be discussed be present in such a way that it helps you and all the participants.

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20 Best Time Management Tips from Brain Tracy – Part 1

20 Best Time Management Tips from Brain Tracy – Part 1

20 Best Time Management Tips from Brain Tracy – Part 1

Everyone tries to plan their whole year in the first week of the year. I don’t need to tell you about the importance of Time management. Though we all know the importance we still find ourselves struggling to maintain our organizer and catch up with the planner.

Brain Tracy is the well known for his time management training and seminars. He is the success coach who inspires professionals all over the world. I have studied his work and found these 20 tips that can be helpful for us manage time in a better way. Next time when you plan for something big and important or you just try to fill up your daily organizer I hope these tips come in handy.

As per Mr. Tracy ‘Time management is life management,’ he is so right about it. Let’s make this year fruitful with the help of these simple suggestions from one of the world’s best coaches.

1. Goals:

First step to make any success is to be clear about your goal. The finish line should be fixed in your mind. This can be a Personal, Financial or my favorite Self Development Goal.

Brain Tracy gives us a hint to find out our deepest desires. Try to answers following questions without thinking if it is possible or logical or anything negative. The right answers have to be from your heart.

. What one thing you will do if you know you will not fail?
. If you just won a million dollars?
. What will you do if you have just 6 months to live?

Your desires are hidden in the answers you give to above questions. Try using them as inspiration while you make those goals. Give yourself a deadline after all we are trying to tame time.

2. Plans:

Once you are sure about your goal – planning is the next part. We all are good in planning, executing them is the whole another story. Take your time at this step as a solid plan can help us achieve our goals considering all our strengths and weaknesses. As we are trying to get our hold on time management so put strict timelines on every stage of your plan.

3. Priorities:

Priorities make or break our life. Every day we choose to give time and energy to matters that are important to us. Most important issues get more attention. We need to learn how to prioritize everything we do to support our plans and goals. Mr. Tracy recommends keeping a habit of making a list for the weeks work in advance ideally on the weekend before or if you like to make daily plans make the list every night before sleeping. Again timeline is important so try to incorporate it in your list.

4. Analysis:

Prioritizing your to do list can become easier if we apply the 80:20 rule. Say you made a list of 10 tasks now as per the rule find the most important 2 and first finish the top 2. Give 80% of your time to the most important task on your list i.e. the task that can make a direct impact on your goal.
You can remind yourself the importance of time management by asking these questions;

. What is the most valuable use of my time right now?
. Most valuable use of my time?

Important things have values in future. Unimportant things may look useful now.

5. Concentration:

Focus is the key to success. Hence the 5th Time management tip is to concentrate on the single task at hand. I am not a fan of multitasking. Trying to give the complete attention to a single task will assure the success. Focusing our mind on one important thing is always better and must I say easier than juggling many. Concentration reduces rework and saves time so it is a must for time management skills.

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Money Beliefs: Rich Mind vs. Poor Mind


Money Beliefs: Rich Mind vs. Poor Mind

Money Beliefs: Rich Mind vs. Poor Mind

“Bless that which you want. If you see a person with a beautiful home, bless that person and bless that home. If you see a person with a beautiful car, bless that person and bless that car. If you see a person with a loving family, bless that person and bless that family. If you see a person with a beautiful body, bless that person and bless their body.”— T. Harv Eker

What do you feel about the topic of money? Is it something you enjoy talking about or it makes you feel uncomfortable?

I have been reading and listening to life altering books and seminars by T. Harv Eker and would love to share some titbits of knowledge with the readers that are always hungry for knowledge that makes life amazing well in this particular case rich.

Secrets of the Millionaire Mind is one of the best works of T. Harv Eker as I said earlier it can change lives. All we need to do is study our thoughts and feelings about money and we can change our financial condition for good.

Harv like many other success couches teaches us about the power of our mind and how it is controlling everything in our life especially our financial status.

He explains this with a simple example of a tree. The fruits (Money) depend upon the quality of roots (thoughts, emotions, action). When we understand this law of nature a positive shift takes place in our life.

“If you want to change the fruits, you will first have to change the roots. If you want to change the visible, you must first change the invisible.” — T. Harv Eker”

Everything is energy. Money is also energy. In fact money is a result of our Mental, Emotional and Spiritual condition.

Thought leads to Feeling leads to Action which leads to Result.

Let us understand how our thoughts can make us rich or poor. Let us notice the different beliefs of a rich mind and a poor mind. If you are struggling financially may be you need to notice your beliefs and make some healthy changes. I hope the below given examples help you as much as they helped me.

Rich Mind Vs. Poor Mind

Rich Mind Vs. Poor Mind

1) Rich Mind thinks (I create my life) – Vs – Poor Mind thinks (Life happens to me)

A rich mind believes in creating own life with his/her own thoughts and decisions on the other hand the poor mind believes life happens to him/her.

This single belief controls the destiny of our life. If we believe we create our life then we have control to get us out of any unwanted situation by controlling our thoughts, emotions and actions around that situation.

2) Rich Mind thinks (There is no rich victim) – Vs – Poor Mind thinks (Victim: Blame, Justify & Complain)

Rich Minds try to learn a lesson from any adverse situation. They never ever see themselves as a victim.

However Poor Minds enjoy the attention or sympathy they receive from being a victim. They blame everyone and everything else for their troubles, they justify their failures and they complain about everything and everyone.

Harv warns his students against blaming, justifying or complaining. He says; “Whenever one blames, justifies or complains s/he slits his/her financial throat.”

What we focus on expands. Complainers become a giant crap magnet.

Harv suggests his student to take on a challenge – 7 Days without any complains. Miraculous things can happen if you can spend 7 days or more without a single complain about anything. You cannot blame or complain out loud or even in your mind. If you find yourself doing it unconsciously cancel the thought and redirect your mind to something pleasant.

3) Rich Mind thinks (Goal is to get rich) – Vs – Poor Mind thinks (Goal is to get comfortable)

A rich person tries to get or stay rich and he does not care about comfort or convince or if things are difficult.

A poor person looks for easy, comfortable and hopes on getting rich by staying in his comfort zone.

“If you are willing to do only what’s easy, life will be hard. But if you are willing to do what’s hard, life will be easy.” — T. Harv Eker

4) Rich Mind thinks (Play to Win) – Vs – Poor Mind thinks (Play not to Lose)

Every challenge is an opportunity to win for a Rich Mind. On the other hand a Poor Mind steps consciously in a challenge if s/he absolutely has to with a hope that s/he will not lose.

5) Rich Mind thinks (Everything) – Vs – Poor Mind thinks (Either / Or)

A Rich Mind understands that true wealth comes from abundance in all areas of life. S/he strives hard for health, happiness, family, spirituality and all major aspects of live along with wealth.

Conversely, a Poor Mind believes s/he will have to scarify his/her health or relationships or something important if s/he tries to acquire wealth.

6) Rich Mind thinks (Admire & Model) – Vs – Poor Mind thinks (Resent & Envy)

Rich Minds love to be in the company of other successful people. They admire the qualities that make people wealthy. They learn from influential people. They try to model methods of successful people to reach their own goals. They learn from the experiences of others and are a knowledge soaking sponge.

Poor Minds resent successful people. They avoid them and envy them. They try to find fault in them and close their minds towards any wisdom coming from them as they feel inferior to learn from others.

7) Rich Mind thinks (Bigger than their Problem) – Vs – Poor Mind thinks (Smaller than their Problem)

Rich Minds try to make themselves stronger and bigger than any problem they might be facing. They attack their problems armed with knowledge and dedication. They treat problems as stepping stones as they are aware that it is temporary hurdle and overcoming it will help them grow.

Poor Minds complain and make their problems bigger than they actually are. They let fear overcome them. They think about the worst outcome and try to avoid the problem. They give up great opportunities when they face hurdles.

8) Rich Mind thinks (Results) – Vs – Poor Mind thinks (Reasons)

A Rich Mind focuses on results. They are concerned about the goal, the end product of any act. They do not care about the hurdles as they have their eyes set on the final prize.

A Poor Mind focuses on reasons or excuses while trying to achieve any target.

9) Rich Mind thinks (Learn & Grow) – Vs – Poor Mind thinks (Already Knows)

A Rich Mind is constantly willing to learn and grow. A Poor Mind closes itself from anything new. It creates an attitude of already knowing enough and avoids studying.

“Your field of focus determines what you find in life.” — T. Harv Eker

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