On this day 3 years back I moved to India for business and it’s been quite an adventure ever since. Working in India has a whole set of challenges that sometimes make you wonder WTF!!! There is yoga and exercise to manage the stress but what I usually do is fire up my iPod and listen to one of my favorite lines from Steve Job’s 2005 Stanford commencement speech:
Again, you can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something Ã¢â‚¬â€ your gut, destiny, life, karma, whatever.
As I type my 276th blog post, I’m still connecting the dots but I’ve always told people it will make for a great story in Fortune/Forbes in 5 years.
Here is my advice for people looking to come to India considering the recent economic clusterfu$%#%:
– Most people don’t give a damn if you are from NYC (for business) or LA (for entertainment), they want to know where your parents were born and make a cultural connection
– The quantity of quality people is lacking
– Real estate is dead, PE, SPV’s…RIP
– If your business involves gov’t oversight, that requires a skill set most ABCD’s don’t have
So did I make the right decision to move to India? Here is what I track EVERYDAY:
Oct 1, 2005. Rs. 44; Sensex @ 8,634; DJIA @ 10,658; NASDAQ @ 2,151
Sept 30, 2008. Rs 47; Sensex @ 12,860; DJIA @ 10,850; NASDAQ @ 2,082
Compounded Performance: Rupee +2.22%; Sensex +14.20%; DJIA +0.60%; NASDAQ -1.08%
BREAKING NEWS: Ford reports 34.6% drop in sales for Sept. Sales of the Explorer SUV, once a top seller, plunged 67.3 percent to 3,498 and sales of the F-Series pickup fell 41.6 percent to 32,727.