Honor of the Indian Army – Assured decent last rites

Recently, I had gone to renew my dilapidated canteen card at College of Military Engineering  Pune. The soldier asked me to fill up an ADLR form.

I                          :  What does this ‘ADLR’ mean?

Soldier              :   Its about “Assured Decent last rites ” for any officer/soldier who is attached to us.

I  ( Confused ) : What does  it mean for me ? ( I asked further).

Soldier  ( Elaborating) : This scheme  is intended to ensure that even death of an officer or soldier is honorable.

I ( Curiously ) : How is this honor bestowed ?

Soldier              : A group of uniformed soldiers are detailed to go to the place where last rites are to be performed. They honor the departed soul and give a token amount of INR 5000/= ( USD 100 approx ) to  surviving dependent ) . This ensures that no matter what legacy, the officer or soldier has left behind, his dead body is not denied the honor. Its our gratitude for the service he had done to the nation

I had tears in my eyes. We all will die one day, we all will have last rites.  Imagine the honor of getting carried by those  in uniform. I at 38 am too young to think of death but it made me feel good about death when it comes. It makes me immensely proud about my decision to serve defense even 7 years after quitting it. Is there any gesture by anybody which will make you feel good about your death also..I wonder if there is any other occupation/job which showers on you such honor long after you have stopped serving it.

The principles of Army are impeccable. I am proud, I could serve the Indian Air Force for 6 years of my life and its the Army which bestows this honor .

Jai Hind !

Last rites of a soldier

5 things an entrepreneur must do to retain value of start ups

Often I meet accountants, finance guys who are dizzy eyed when we talk about the value Tech companies create against the investments they take. I came across this article from Dharmesh Shah an MIT graduate who raised USD 50Mn for his company Hubspot.com ( URL : http://onstartups.com/tabid/3339/bid/42537/Insights-On-SaaS-From-The-3 )

The table contains the data he shared with his investors ( Sequoia, Google Ventures , Salesforce.com) . Please have a look at  the valuation of company and compare it with the funding they took( Wealth multiplication they provided ).  The finance/ angel investing community in India has blinkers on and often undervalue or ignore a huge wealth creator.

onstartups saas chart v2

As an entrepreneur one can do best to do the following :

  1. Use numerical tools/techniques to do valuation of company. Use caycon.com ( Free tool from Cayenne consulting to do primary valuation of your company ) .Or send a request , I can help 😉
  2. Greater the progress, steer the value of your company on the optimistic side. Do the valuation check every month or on every major win. Eliminating risks improves the valuations always.
  3. Trash all claims to put discounts on valuations ( The biggest discount is the opportunity to let people invest ).  Ask if they can invest in Google, facebook , twitter or hubspot ?  Dont waste time with investors who tell  you that value of startups is zero (example : Nahesh Surthy ) or  Indian Bangle Network  which tells you to take their gut feel valuation or other Chumbai  Bangles who will  ask how much skin and facebook likes you have
  4. Walk away from money  : Don’t take any money on unfair terms. Its good to suffer and penace for a few months then to lose ownership. Less money makes you more innovative and skilled.
  5. Keep things transparent : Keep the accounts books and finances of company ultra clean. There is nothing as desirable as financial integrity

Why do we stay put in some jobs ? An analogical metaphor

I have come across many people who have variety of reasons why they want to change /stay in their current jobs.  Very rarely they have convincing answers to this. Having thought deeply on this subject, I came across some interesting observations and analogies.

Analogies are one of the best ways to reuse success in one field to produce dramatic effects in another. Kirchoff’s laws on electrical resistances  solved a lot of resistance netowrk probelms.

The theory of heat transfer was solving a lot of problems on thermal conductivity in its own way for long.  Then they realised that if we invert thermal conductivity to coin a term thermal resistance , we can re use a lot of  insulation problems by using Electrical current analogy. This helped rapid advances in heat theory.

 

Coming to people staying put or hopping out of jobs, There is an analogy with long distance train journey. We often book tickets for long train journeys. THe considerations are point to point connectivity, fast movement, limited stops , convenient time to entrain, detrain etc. The journey is a journey and we get down once our destination has come.

Disillusioned

Apply the same analogy to your association to your career /life’s journey. The first thing to find is where you want to go. This may not produce easy /prompt answers. A lot of soul searching/ introspection , discussion with family might provide the answers.

Once done, ask the people woh have travelled that destination which is the best route for that. Book your self a ticket / course for that journey. Know for yourself if you would like to travel longer than what you originally intended.

Once the organisation has taken you there just get out of it. Plan some more journey and take the same or other organisation to reach your goal. Following this approach saves a lot of indecision . Its just an idea. All depends on you as a person , how strongly you are able to map train journeys with your career journey.  The better you implement your own journey more will be the gains form reusing one of the most evloved transportation system,