Why MONEY and LOVE are important

Summary

The speaker reflects on his journey from a lack of self-confidence to graduating from Stanford, attributing his success to factors like a strong educational background, unique profile, and a high GMAT score. He emphasizes the often-overlooked role of financial support in achieving success and offers a course to help others become financially independent freelancers, sharing valuable lessons and tools from his experiences at Yale and Stanford.

Takeaways

• 🎓 The speaker graduated from Stanford three months ago, reflecting on how their journey was once unimaginable due to a lack of self-confidence.
• 💑 They shared their experience with their best friend and wife, Shaneez, who was also admitted to Stanford at the same time.
• 🏆 The speaker has an impressive background with a master's from Yale, work experience in various countries, and an MBA from Stanford.
• 💼 They believe that money plays a significant role in success, often overlooked by successful people who attribute their achievements solely to hard work.
• 💰 The speaker acknowledges the importance of financial support in their journey, which allowed them to pursue their passions without financial constraints.
• 🏫 Education was a priority for the speaker's family, which influenced their success and allowed them to attend the best schools.
• 🏆 The speaker's GMAT score was excellent, highlighting the importance of good test scores and strong recommendations in achieving academic success.
• 💪 They emphasize the value of hard work and determination, sharing their experience of studying for the GMAT and working for the World Bank.
• 💡 The speaker is launching a course to help others become financially independent through freelancing, emphasizing that it's not a get-rich-quick scheme.
• 🏋️‍♂️ The speaker discusses the impact of physical fitness on self-confidence, sharing their personal weight loss journey and its effect on their self-esteem.
• 👫 The importance of relationships in personal and professional growth is highlighted, with the speaker expressing gratitude for their long-term relationship with Shaneez.

Q & A

What was the speaker's initial perception of attending Stanford 10 years ago?

The speaker initially thought attending Stanford was unattainable due to a lack of self-confidence.

How did the speaker's experience at Stanford differ from their expectations?

The speaker not only attended Stanford but also graduated from there, sharing the experience with their best friend and wife, Shaneez, which exceeded their initial expectations.

What is the speaker's educational background prior to attending Stanford?

The speaker has a master's in development economics from Yale, worked for the Poverty Action Lab in Bihar, the World Bank, and a consulting firm in Singapore, and had a diverse international work experience.

What role did the speaker's GMAT score play in their admission to Stanford's MBA program?

The speaker's GMAT score was very good, with a score of 760 and a 99th percentile in verbal, which was a significant factor in their admission to Stanford's MBA program.

What is the speaker's perspective on the relationship between money and success?

The speaker believes that money leads to success, which in turn leads to more money, and acknowledges the role of financial support in their own success.

How did the speaker's family's financial situation impact their career choices?

The speaker's family's financial stability allowed them to pursue their passion in economics without worrying about the cost, and even break a scholarship bond to follow their interests.

What challenges did the speaker's father face in his early career?

The speaker's father faced challenges including failing the CA exams multiple times and later experiencing a significant business setback due to the Harshad Mehta scam.

What was the turning point for the speaker's father's career?

The turning point was when the speaker's father got a different job after the speaker's birth, which led to financial recovery and an improvement in their social status.

What is the speaker's view on the importance of physical appearance in relation to self-confidence?

The speaker believes that physical appearance has a significant impact on self-confidence, as their own confidence increased alongside their weight loss journey.

How does the speaker define success and what role does money play in it according to them?

The speaker defines success through a formula where money leads to success and more money, and they emphasize the importance of acknowledging the role of external factors like financial support in achieving success.

What advice does the speaker offer to young people regarding money and career choices?

The speaker advises young people to pursue their passions without letting financial constraints hold them back, and to understand that there is no shame in earning money to support themselves and their families.