Comments for Of Mind and Money http://ofmindandmoney.com How mind and money interact to create the world Fri, 21 Feb 2014 06:40:04 +0000 hourly 1 https://wordpress.org/?v=4.8.5 Comment on Envisioning Possibility by M R Arulraja http://ofmindandmoney.com/envisioning-possibility/#comment-226 Fri, 21 Feb 2014 06:40:04 +0000 http://ofmindandmoney.com/?p=613#comment-226 Hi,

Good article that provokes thinking!

Envisioning Possibility is a challenge to human minds because we are only accustomed to see what is there and not what is not there before us. And, what makes matter worse is that “possibilities” don’t present themselves in any obvious ways, usually.

Hence, to get a glimpse of possibilities, people advocate ‘dream or imagination’ as an alternative that can help to reveal possibilities that don’t exist yet in reality.

Albert Einstein’s “Imagination is more important than knowledge” is a relevant quote here. For instance, knowledge of engineering technology translates into a ‘dam’ once someone ‘imagines/dreams’ (or “hallucinates” – to borrow the words of Richard Bandler) a dam between two hills where no dam exists…

Interestingly, the more someone is educated (in India), the less one becomes capable of dreaming! Our culture in educational institutions kill the natural gift children bring with them to school to dream. Imagination is discredited in exams.

If someone still manages to imagine possibilities, he/she needs to go to the US to find the other two types of partners needed to translate dreams into business: a financier, and a technological agency that translates dream into a reality. The silicon valley is a place where dreamers find these promoting agencies: financiers and technical supporters.

In India, dreams are least appreciated in business and the least paid for; and when one’s dreams are used, they are not even acknowledged!

In the Microfinance Industry there certainly is a great lack of ability to dream possibilities to: (1) offer loans at 12 per cent or less and still make a profit; (2) to lead the poor to raise standards of their products to make it fit for international markets, and more importantly, (3) to help them enter new models of cooperative production without which all their tiny enterprises will be wiped out by cheaper and better products from China and other nations.

From a Neuro-Linguistic Programming point of view, we need to question our (educated) assumptions about Microfinance industry, its environment, the capability of the people it serves, etc… and try new assumptions, at least experimentally, with all the risk involved.

Hope an article like this will awaken the minds of people to envision possibilities, to transform Microfinance as one that truly helps the poor break free of poverty: making capital available at less cost than what obtains for the rich who borrow from banks, and also one that provides them opportunity to succeed in a Globalized Market!

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Comment on Envisioning Possibility by lavan http://ofmindandmoney.com/envisioning-possibility/#comment-225 Tue, 10 Dec 2013 03:07:13 +0000 http://ofmindandmoney.com/?p=613#comment-225 Brilliant; a true visionary.

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Comment on One World, One (Giant) Language by Ashvin http://ofmindandmoney.com/one-world-one-giant-language/#comment-213 Sat, 24 Aug 2013 04:16:10 +0000 http://local.physicsofpoverty.com/one-world-one-giant-language/#comment-213 Thats one way of solving the problem. The other way is to invent Babel Fish (http://en.wikipedia.org/wiki/Babel_fish_(The_Hitchhiker%27s_Guide_to_the_Galaxy)#Babel_fish)

I am sure Google is pretty close to do that. Today , at least on the web, the fact that the webpage is in Armenian doesn’t bother me. In a not so distant future, I do not understand why the same shouldn’t be true for speech as well.

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Comment on Scrap the MBA by Ganesh http://ofmindandmoney.com/scrap-the-mba/#comment-211 Tue, 21 May 2013 12:07:05 +0000 http://local.physicsofpoverty.com/scrap-the-mba-2/#comment-211 Thanks for sharing such a nice information on Masters in Business Administration.As an MBA student I really have to thank and appreciate for sharing your nice thought about it.

once again thank you. . .

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Comment on Potential Money by Anonymous http://ofmindandmoney.com/potential-money/#comment-185 Thu, 03 Jan 2013 20:38:37 +0000 http://local.physicsofpoverty.com/potential-money/#comment-185 Tara,

This is a good post and a part of economics that I think has been overlooked. Do you know if there have ever been any peer-reviewed publisthed studies that equate money with potential energy and the creation of entropy through “resistance” or inefficiencies of transactions in an economic model?

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Comment on Microfinance: Time to move towards financial inclusion by Aaron Jones http://ofmindandmoney.com/microfinance-time-to-move-towards-financial-inclusion/#comment-184 Thu, 04 Oct 2012 05:45:08 +0000 http://local.physicsofpoverty.com/microfinance-time-to-move-towards-financial-inclusion-2/#comment-184 Yes I agree with your views. You have provided the good news of finance. Everyone wants to start a business then you can get the loans for any banks or online. It is good for everyone. small business loans
are the best option for starting business.

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Comment on Scrap the MBA by aline http://ofmindandmoney.com/scrap-the-mba/#comment-183 Thu, 09 Aug 2012 16:59:04 +0000 http://local.physicsofpoverty.com/scrap-the-mba-2/#comment-183 just linked this article on my Facebook account. it’s a very interesting article for all.

Dissertations Help

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Comment on Scrap the MBA by crook rusty http://ofmindandmoney.com/scrap-the-mba/#comment-182 Mon, 02 Jul 2012 06:49:02 +0000 http://local.physicsofpoverty.com/scrap-the-mba-2/#comment-182 MBA students can get good job easily. But sometimes they need to do some struggle to get job. When they get a job, they get good salary.

MBA Colleges in Mumbai

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Comment on Who cares about the average income! by Rav Casley Gera http://ofmindandmoney.com/who-cares-about-the-average-income/#comment-181 Fri, 15 Jun 2012 07:39:02 +0000 http://local.physicsofpoverty.com/who-cares-about-the-average-income/#comment-181 It’s not wrong to look at the average income, just to use ‘mean’ as synonymous with ‘average’. A dual mean/median approach is much better. But I can’t find information on India’s median income anywhere!

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Comment on The Hidden Key to Productivity by Anonymous http://ofmindandmoney.com/the-hidden-key-to-productivity/#comment-180 Fri, 25 May 2012 05:39:10 +0000 http://local.physicsofpoverty.com/the-hidden-key-to-productivity-2/#comment-180 Mam,

Greetings from Twenty19.com. I would like to introduce myself as Vasudha.

I would like to extend this opportunity to interview you for a College Blog for Twenty19.com. The interview is aimed at helping college students taking cues from your career decisions, knowing about your field of work to help them make better choices and also to serve as a source of inspiration.

We understand that you will be busy with your work, however we are trying to create a difference by letting students know what it takes to explore different career choices. We feel your story can bring about that awareness and reality to students’ dreams.

We would be delighted to have you on Board for our “Mentors – Experts Speak” Section.

Twenty19 is currently the largest Student opportunity portal with 1400+ colleges connected to 2000+ companies. Visit us at http://www.twenty19.com.

We shall be obliged if you kindly get back to us in [email protected] would mostly be a Telephonic Interview and utmost levels of convenience will be offered.

Regards and Thanks

Vasudha Ravikumaran

Journalist – Expert Interviews

+91- 7639322900

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Comment on The Hidden Key to Productivity by Anonymous http://ofmindandmoney.com/the-hidden-key-to-productivity/#comment-179 Thu, 10 May 2012 03:25:01 +0000 http://local.physicsofpoverty.com/the-hidden-key-to-productivity-2/#comment-179 Hidden Cost of “more” Information
I agree with you point that better information infrastructure improves productivity. But one real world concern is in this internet era, one is usually burdened with too much of information which often leads to indecision. We’ve too many “report generators”. At the click of button, we can get information about so many things, but fail to get sense of what it is as the quantity of information is just HUGE. and it’s just exponentially increasing. We have too many social/business online or off-line “networks” that actually causes people to waste lot of time instead of doing some real work. I remember a study that said in an organization that 83% of engineers considered social networks such as twitter at workplace as just distraction when the work needs focus.

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Comment on Scrap the MBA by Koushal http://ofmindandmoney.com/scrap-the-mba/#comment-178 Thu, 12 Apr 2012 06:57:37 +0000 http://local.physicsofpoverty.com/scrap-the-mba-2/#comment-178 Thanks for sharing such a nice information on Masters in Business Administration, for more details click on Masters in Business Administration.

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Comment on Scrap the MBA by Unknown http://ofmindandmoney.com/scrap-the-mba/#comment-177 Wed, 14 Mar 2012 11:44:46 +0000 http://local.physicsofpoverty.com/scrap-the-mba-2/#comment-177 i everyone i am finding some MBA stud stuff something business regarding. I like your post dear. nice blog.
Online MBA

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Comment on What is it worth? by Anil Kshatriya http://ofmindandmoney.com/what-is-it-worth/#comment-176 Sat, 10 Mar 2012 14:10:01 +0000 http://local.physicsofpoverty.com/what-is-it-worth/#comment-176 Its nice to you that a person has this dream. I am so delighted and motivated after reading you. Good Luck.

Regards
Anil

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Comment on Microfinance: Time to move towards financial inclusion by Vijay.AMD http://ofmindandmoney.com/microfinance-time-to-move-towards-financial-inclusion/#comment-175 Fri, 09 Mar 2012 12:08:19 +0000 http://local.physicsofpoverty.com/microfinance-time-to-move-towards-financial-inclusion-2/#comment-175 Madam,

On the same line I am thinking of developing a model to sustain research activity in Indian universities. I have few ideas and at your comfort can I hold a presentation or may be send it to your institution for review. By easing the burden of funding/grants it will not only help economy but also it will provide more peace/calm to people involved in research.

Besides may I mention that my major was in Theoretical Physics and while searching “Physics+Micro-Finance,” I reached your blog.

With your guidance and inputs may be I can put together things effectively.

Thanks & Regards,
Vijay

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