Thursday, November 5, 2009

Annual Report

As a popular Indian mobile phone ad goes, life can change in a second. Over the last 31.5 million seconds that I've spent in India, I can safely say that my life has changed more than a few times, sometimes even in a matter of mere seconds. This past year has been one of extreme contradictions - at different points in the year, I've been called smart and stupid, hopeless and high-potential, star material and goofy-looking, greedy and unambitious, and aimless and resolute, and I've felt despised and admired, underrated and overestimated, and ridiculed and envied. Needless to say, I have plenty to write about these last 365 days, but instead of writing yet another giant, deeply introspective post, let me leave matters relatively light with a bulletized list of noteworthy happenings/ changes from the last year.

The Good:
1) Understood how India has changed in the last 10 years and learned economics in the process.
2) Figured out to achieve wealth (legally) with just the resources I have.
3) Discovered the true potential of networking.
4) Recollected and validated my long-forgotten ideas on Indian society and where I fit in it.
5) Traded in my defensive, servile, middle-class mindset for a self-assertive, entrepreneurial one.
6) Learned to quit ruminating over a decade of bad decisions to instead focus on what I can now to improve things.
7) Overhauled and greatly optimized my family's finances and significantly improved their standard of living.
8) Wrote an ad that went on the front page of the Times of India.
9) Kick-started a money-making machine.
10) Made peace with the fact that I can not change some things/ people in my life.
11) Understood what I want to do in the short, medium and long term.
12) Made a few good friends and one awesomely crazy, little "pretend-sister" along the way. :)

The Bad:
1) Lost focus of career for a while, leading to a complete failure of the green venture.
2) Fell behind the 8-ball by 2 years: I'll be older than a majority of my classmates when I enter B-school at 28 (and when I graduate at 30, I'll be considered to be too old to be still "unsettled" in life.)
3) Let a few cracks emerge in my very strong faith.
4) Antagonized parents and was shown the door! (x 3)
5) Went through few cycles of failure-induced-depression.
6) Lost all vestiges of having been an NRI. (Makes life & business difficult here.)
7) Did several things that were against my political beliefs.
8) Earned less money than in any year since I turned 17.
9) Despite learning the importance of being irresponsible, still readily compromise like a 45 year old.
10) Did not hang out much with my old friends, most of whom live in other metros.
11) Did not make very many new friends nor network as well as I had expected.
12) As a result of 10 & 11, did not have much of a social life.

The Ugly:
To paraphrase a couple of friends, I look like a much older, anemic, sleep-deprived guy who in one or two angles kinda sorta resembles me from a year ago! (This is really bad because it wasn't like I was one looker a year ago!) I suppose I can safely blame excessive stress, lack of exercise, highly un-nutritious, carb-laden food and too much time out in the sun for this.

With that review of the last year out of the way, it's time to move on to what comes next. I have roughly 10 months left in India before I (hopefully) leave the country for an MBA and I would do well to use this time to address a few problem areas (and to build on the gains) from the past year. So, here are some objectives for the next 10 months to a year.

1) Get into a good B-school. (Targeting Harvard (super-stretch), Stanford, Yale & Berkeley for now, with INSEAD in Jan 2011 as plan B.)
2) Get back to looking like myself again => gym + green tea + multi-vitamins + lots of sleep.
3) Make friends and network! I think preparing MBA apps and (hopefully) interviews will give me an opportunity to meet and network with like-minded people.
4) Travel more and hang out with friends in other cities.
5) Make enough money in the next 10 months to pay for all MBA related expenses. (What's life without a few challenges? ;) )
6) Work out a transition strategy to ensure that my real estate engine keeps running here while I am abroad getting a degree and having some much needed fun. :)

25 comments:

Anonymous said...

I think you did well..very well.And yes..I found you on facebook(with little effort),and must say,you have every right to be vain.I think yu look good(blame it on your luck with older women)

Coconut Chutney said...

@anon
Clearly u weren't aware of how he USED to look. Lol.

@idling
you forgot to mention your newly acquired grip in tamil! From hotshot awesomecool peter NRI to "Innanga Switcha aap pannitu pooteenga"
:D

And ya, too awesome no i am. :D

Archana said...

2) Figured out to achieve wealth (legally) - - -> Lol. :)

Sounds like a pretty cohesive list of the good, the bad & the ugly. And props on drinking green tea! When you clearly have the know-how for taking care of yourself Mr I Check Calorie King :P, it's simply not okay to walk around looking like a "much older, anemic, sleep-deprived guy". Get back into gear taking care of yourself & good luck with your short & long term goals! :)

Mr. K Bodhi said...

I want to make some appropriate comment but I just cant focus cauze of the loss. So best of luck and all that.

sapana said...

Hey IIT(ji),

The fact that you can put things into perspective and prioritize everything is just so ___. Can't think of the right word but the feelings are of admiration, let me clarify.

May you receive everything that means happiness to you.. Good luck! :)

complicateur said...

As one of those new people that didn't do as good a job of keeping touch, I think you can blame yourself a little less on that count :P .

And on that "kicked out of the house" (X3) I TOTALLY understand.


Cranking out the R2 apps yet? I am being summarily rejected by nearly all and sundry over here.

Idling in Top Gear said...

@Anon: Thanks. :) Re: vanity, what can I say, I need to take my A-game to B-school. ;)

PS: "older" woman + access to my fb (thru my email address, I presume), I think I know who you are. Aen anonymousa comment panrel? :)

@Chutney: Lol podi kaidhe. :D

@Archana: Thanks. :) I had to say "legally" because it's 1000x easier to get rich in India through illegal means. :)

@K Bodhi: Tell me about it! It's like the Indian team circa 1999 all over again.

@sapana: Thanks. :)

@complicateur: Really?! All the schools you applied to? I'll send you an email. We need to get in touch again.

Anonymous said...

hahaha....no it wasnt thru email id,and no,i dont think u know me(or will ever),but I too love the way you put your thoughts on paper and sort out issues.I do that too,but not publically.

Idling in Top Gear said...

@Anon: Ok. :) But if you don't mind, please share how you got to my fb without my email address!

Anonymous said...

it was thru the profile of a facebook friend of yours,and I suspect you dont want to hide your identity very badly either.And sorry,but I am addicted to your blog,and I simply had to have a face to these words..no offence meant!

Idling in Top Gear said...

@Anon: No probs. :) Actually, I don't really mind if my readers know who I am. I just don't want non-readers (employers/ frenemies, etc) to land up on this blog via google-searching for my name.

Anonymous said...

:)

Anonymous said...

ha ha ha .... it is always interesting and entertaining to read your blog! This one seemed like a company annual report without graphs :-)

You talk a lot (among other things) about managing your parents finances/real estate investments in India (I too have my parents back in India); I was wondering if you had any tips on how to get something similar started, may be a blog post?!?
Thanks and plz keep it coming.
-AK

Idling in Top Gear said...

@AK: Thanks. :) I'll write a post on real estate once I have some solid gains (tentatively, in 3 mos.) I don't feel comfortable about my level of knowledge yet.

Daniel D'Mello said...

All the best for your future plans, I'm sure you'll do very well. I've been following your blog for less than a year but it's been extremely informative and entertaining.

Anonymous said...

Well,

I have just started by school apps for R2..would be interesting to get in touch with you..

Cheers

Vathsan

Idling in Top Gear said...

@Daniel: Thank you.

@Vathsan: Good luck. If you leave your email address as a comment and delete it immediately, I will get an email, and no one else will see it.

Anjana R said...

its all about The Good, isnt it?

foreigndesi said...

I liked this one! At the end, I guess its all about feeling good about the good, and learning from everything else.

You'd probably be pretty surprised at the average age of these MBA school's. I'm pretty sure you'd fit right in at 28. A lot of people try to get a couple of work experience in before applying, I know a lot of uncles and auntys who decide to go for MBA after years and years of working.

Good luck with keeping healthy and active, and making um I believe it was 90 grand, in the next 10 months :P

Idling in Top Gear said...

@Anjana: I wish. :)

@Foreign Desi: Thanks.
Actually, top schools (Harvard & Stanford especially) are now primarily targeting 24-26 year olds. See the graph in this link with UG graduation year of 2008 admits at HBS, for instance: http://www.bschooladmissionsformula.com/why-average-mba-age-is-trending-down-for-hbs-and-stanford/
However, most other good schools tend to primarily target 26-28 year olds like me.

Besides, with ISB and IIM being so popular in India, people here are of the opinion that an MBA is something you wrap up *before* you are 26! I get all sorts of questions like, "But when will you get back to working?", "What about marriage?" etc

PS: It's $220K when you factor in the costs of study trips and socializing. :D

Perception said...

Impressive. It takes a lot more to accept the bad and ugly and even more to define what's next. Now the real test is to stick to it, which I believe u will. All the best, for the MBA and for being determined to pay for the expenses. Keep us posted.

Liberal said...

Sometimes I think I do not have the guts to do such an in-depth analysis of my life or a part of it! Seriously, must have been a great catharsis for you to write and confront your annual performance.

Liberal said...

although, as an afterthought, I find your contempt for the salaried class a little disconcerting

Idling in Top Gear said...

@Perception: Thanks.

@Liberal: Thanks. I am not sure why you think I am contemptuous of the salaried class! It's just that I don't find salaried jobs in India too appealing. I think the biggest problem here is that you typically encounter 4x the BS and hassle you would elsewhere in the world for 1/3 the pay (factoring true costs of living in metros.) Business is far more lucrative. For example, you could be VP/ Director of a MNC here and have a quality of life that barely equates to that of a petrol pump owner! So, a salaried gig is a high effort- low return deal, and so I am not too interested in being a part of it. :)

foreigndesi said...

Oh wow, I didn't know that about Harvard! I always thought 28 was pretty average. My friend's doing an MBA here, and it's 50/50 between the young and the older.

$220K eh? And 9 months? If you can earn that much so soon, who needs the MBA :P