Zacks Bookstore

06/03/2023

Money is a legal tender used as payment in exchange for goods and services. Anything people agree on to accept as a means of payment could be regarded as money. Money is a store of value. Practically money is a medium by which we exchange values. It is a unit of account. The first form of money was trade by barter....

Money is a legal tender used as payment in exchange for goods and services. Anything people agree on to accept as a means of payment could be regarded as money. Money is a store of value. Practical…

14/02/2023

I sat down reading into the lines of my thoughts. The sky is bright, and the clouds are levitating. How tranquil is the feeling of the warmth of an early morning sun in the winter, highly refreshing. It is tremendous observing a pigeon while sitting under the shade of a sycamore tree brooding on my thoughts. “Solitude is a force in the ocean bringing peace to every turbulent storm.”...

I sat down reading into the lines of my thoughts. The sky is bright, and the clouds are levitating. How tranquil is the feeling of the warmth of an early morning sun in the winter, highly refreshin…

01/12/2021

Newly launched yesterday. The last of the three books of Ray Dalio. Previously written "Principles:Life and work of Ray Dalio" and "Principles for Navigating the big debt Crises"

31/08/2021

Victims recite problems, leader’s present solution.
The lessons in the book are delivered to every reader as a story that will engage individual's imagination. All the characters are product of fiction but the leadership lesson as well as the principles, tools, and tactics that it’s built upon are real and have helped thousands of people in many successful organization.
Everybody can lead. And to build a truly outstanding organization, every single person who works there must lead.
LWT the acronym used to drive home the lessons in the book points to a profoundly fundamental yet long forgotten secret: You don’t have to have a title to lead.
People in today’s business world misunderstand leadership. They really do think it’s just for executives who run organizations.
And I’m not saying that an organization shouldn’t have titles Robin Sharma pointed out. They should actually. We need the people on the executive team setting the vision, steering the boat, and holding ultimate responsibility for the results. Titles and structures maintain orders and keep everything running smoothly.
For an organization to thrive amid all the turbulence in the business world today, each one of us needs to assume personal responsibility by becoming the CEO of our own roles and leaders within our current positions.
We all need to start demonstrating leadership, regardless of our titles. It’s no longer an excuse to say you don’t have high rank so you don’t need to take ownership for the results of the organization. To succeed, everyone now must see themselves as part of the leadership team.
You just don’t need formal authority to lead anymore only a desire to be involved and the commitment to making a positive difference. Mother Teresa said it so well: ‘ If everyone would sweep their own doorstep, the whole world will be clean’.

30/07/2021

think like an entrepreneur , act like a CEO

30/07/2021

Outliers are those who have been given opportunities – and who have had strength and presence of mind to seize them.”

Malcolm Gladwell has a genius for storytelling. In his book Outliers, he engagingly tells stories of successful people from all kinds of fields. He points out important findings, backs them up with research and presents interesting theories to help us understand how these people achieved their success.

All the stories are engaging, written so, that you can see them unfold as movies in your head. They kindle your curiosity and your desire to learn more about that person, the outlier, and his life. And the common themes the author finds in success stories of these outliers, make you think about your own life. Did you have similar kinds of advantages and opportunities in your life as the described outliers. Did you utilize them or did you overlook them? The book will make you think about your environment, your parents and peers, opportunities and advantages you have, about your culture and traditions and how they shaped you as a person and as a professional.

Here are some tips from the book

the values of the world we inhabit and the people we surround ourselves with have a profound effect on who we are.” (p. 11)

“What truly distinguishes their histories is not their extraordinary talent but their extraordinary opportunities.” (p.55)

“[Practical intelligence] is about knowing how to do something.” (p. 101)

“Those three things – autonomy, complexity, and a connection between effort and reward – are, most people agree, the three qualities that work has to have if it is to be satisfying.” (p.149)

“Success arises out of the steady accumulation of advantages: when and where you are born, what your parents did for a living, and what the circumstances of your upbringing were all make a significant difference in how well you do in the world.” (p.175)

“They [outliers] are products of history and community, of opportunity and legacy.” (p.285)