When we see the current Venezuelan crisis that’s gripping the nation, where annual inflation is at 4000% and long queues at grocery stores, waiting hours just to get a loaf of bread, I’ve started to wonder, how did they get there? Venezuela should be one of the world’s richest economies. It’s people shouldn't be in the poverty stricken situation they are today. Their proven oil reserves totalled at 297 billion barrels as of January 2014, more than even the Saudi Arabian peninsula.
If you took at look at the world’s richest man today, Jeff Bezos, founder of Amazon, the first thing you would notice is how great in shape he is. Not just any regular Joe, but actually how fit he looks, as if he’s been pumping iron and planning to make a surprise entrance at Mr Olympia. Like him, Vladimir Putin, the president of Russia often shows his more masculine side with acts of bear hunting and swimming in ice waters with shades on. No it's not a coincidence.
Ok, I’m not going to lie. We don’t have some secret ingredient or magic formula that magically turns anyone into a rock star entrepreneur making millions the next day. That would make for a nice storybook though. However, what we do give, is the initial fuel to the fire. Entrepreneurs have this passion...
In December 2017, Quartz magazine published a shocking report that came as a surprise to many. The Indian IT industry, a sector that for decades has had continuous growth, had its largest layoff ever in its history. Over 56,000 IT employees from Tata Consultancy Services and Infosys, two of largest Indian IT firms faced the sack.